Circular Trendlines

Motion will be rangebound between 3750-3950 for the next 12-24 hours. The last band, namely the blue curve is the most important curve to pay attention to, since it stopped the upward motion of the EUR towards 4000 level. Motion is being caught at the pole of the blue circle, which means its a hard resistance, and we can see a curved top happening. This all points to a reversal in the process of happening. Its the best time to start planting sell positions.

As with all cases where a major turnaround is observed, the percise location and time of the breakout cannot be determined, just a suspected range can be observed.

Usually in all cases a surprise reversal, which when caught too late, is already 150-200 pips on its way happens

For this reason its recommended that you give yourself lots of stoploss at anywhere in between 3850-3950/3980 and continue to spread your lots on a sell basis within this range on any new high that is made.

It is recommended that you do this between the hours of 10:30 AM - 12:00 PM and 2:30 PM to 3:30 PM New York time. It is during these hours that the best positions will become available.

The New Moon is my favorite time to trade. Its on October 26th
There is one additional chart that I have included, that may be quiet a surprise. This chart is the moon cycle for the past 3 months and more often than not, you can see that few days after this one event, the market drops. The New Moon marks a market high. You can check this for the past 6 months as well and let me know whether I was wrong.

My own personal preference is never to buy when close to this cycle. Always Sell. I was reluctant to include this last chart on this thread, but its one of my favorite moments to watch how the market makes a relative high, and its almost, always a guaranteed sell.

There isnt much activity happening for this pair today. Waiting for the last wave (wave 5) to finish at the pole of the blue circle. Expecting a rebound on this pair to at least 5820 after the 6000 level is reached.

Not seeing 4040 in your chart?

On H1,

If the pole of the blue circle breaks, its not gonna go to 4040, its gonna go to 4100 and most probably 4200. The break of the pole is not going to be a slow break in this case, its gonna be a hard break, with signs of momentum NOT disipiating as it gets close to 3950 region.

Unfortunately on lower time frames there is no signs of momentum building up. Motion is approaching areas of the circle where a slow down of momentum is happening, plus its trying to finish off a 5th wave, which in cases of momentum bulding up it shouldnt do this

BUT,

The most important aspect that adds to 4040 not making sense is this:

On the weekly chart 4040 does not make sense because the black circle on the weekly has been respected very well from November of 2009, and although the last attempt of it to penetrate upwards on March 2011, couldnt sustain itself, there is very little chance that it can penetrate anything more, because its getting close to the pole area, and from where it rebounded (solid red straight line), there is not enough energy to go through the pole.

It is also at another median line (dotted blue) which is another action/reaction line as far as median line analysis is concerned.

Here's an ellipse (convertible to circle, w/two overlapping) idea that struck me as being workable across several types of polygons. Maybe it was the unusual chart area which let it trade well, I don't know.

Says you have a invalid attachment, probably forex factory cant read it properly. can you post it again please.

Thank you. Trying to hammer down basic rules; admire that you have.

Here is the view from M5

The inner region of the diameter of the larger red circle is providing a good size resistance.

Chances of higher regions towards 4000 mark is slowly diminishing and 3780-3790 region is becoming more of a possibility

As noted the effect of smaller red circle will diminish as motion is moving through the grey zone. A spike downwards should be observed soon.

Staying out of the market today and watching both the EUR/USD and GBP/USD making tops.

Expecting initial signs of drops on these 2 pairs towards the end of the day with 3850 being reached for the EUR/USD and 5910 for GBP/USD

Good Luck on everybody who is shorting these 2 pairs

Here is the view for the EUR/USD. Recommendation is still to sell at anywhere in between 3900-3950

Due to the high server load of forex factory I was unable to post this chart for half an hour, but its a sell for the GBP/USD pair as well

HERE Is a update

Here is another view, getting close to another sell region

Still a different view...

Upon close of todays session, EUR remains bearish. The openning of the asian session should help this pair dive to at least 3850

this is exceptional. i am subscribed to this thread, i had a nice skim read, and this is a great discovery. to kambooj

my view...???

im giving it a shot at my lady: gold.

cant fit the whole darn chart on it. i already scaled it out, and looks promsing to me. yellow ellipse is the bigger trendline

Somebody else asked me to do Gold too. I havent had a chance to draw circles on it, but will do soon.

Thanks for the input