Pricetime in the 4th dimension

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Geometric Thinking Update

By Jim Fredrickson

Aug 2015 low is important

By my count the Nov 2013 high of 1200 began a wave 4 that reached a 175 low in Aug 2015.  28 months later wave 5 peaked at 19900.

Wave counts are not the point here in this post, I only mention it to point out the connection between the Aug 2015 date and the Dec 2017 date.

High school geometry

I’m sure many here remember the Pythagorean theorem, which Pythagoras developed long ago as a means to compute the length of the hypotenuse of a triangle.

Price is the Y axis and time is the X axis.  We can apply the Pythagorean theorem to any line drawn between any 2 points on a price chart to yield the ‘length’ of the line between those two points.  We will call the length of that line “pricetime”.   Make sense?

This process is simple, because the trendline tool in Tradingview’s toolbox has an option to compute pricetime using the Pythagorean theorem.  (Tradingview added this feature at my request several years ago, but they opted to call the length “distance” rather than pricetime.)

Pricetime from 8/2015 -> 12/2017

I started with this closeup of the 175 low in Aug 2015 so that you can see clearly where the first point on the line is.  It is precisely on the low of that day.

The line drawn to the 2017 high looks pretty darn steep in this picture, but as you can see in the following picture, it is actually connected to the 2017 high. 

Welcome to the 4th dimension

And now we can see something astonishing.  

As you can see, the distance of the line, pricetime, is exactly 19900.  

Price and time squared off when pricetime and price were equal, starting from that seemingly insignificant point of 175 in Aug 2015.  We can’t even see that point on a recent chart because 2015 data looks virtually flat now.  But it was THE key to where and when the 2017 high was recorded.

We have learned so much since we began GeometricThinking in 2017, and learning more all the time.  It is becoming ever clearer that reality is not what we think it is.  In fact, price and time are the same thing, in some 4th dimensional way, but that is a subject for another day.

Feel free to join us.  Let’s learn together.

“It is becoming ever clearer that reality is not what we think it is.”

This is not financial advice, just words of wisdom from someone who has seen it all over the past few decades.  Do with it what you will.  Happy Trading! is a must-have tool in this business.  Get an account, if you haven’t already.

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