geometric update for AUDUSD daily chart: from here
https://www.forexfactory.com/thread/...ge=98.....post n 1942
https://www.forexfactory.com/thread/...ge=98.....post n 1942
Attached Image (click to enlarge)
1
Michael S. Jenkins teachings
To start applying the techniques of Jenkins which currency pair do you suggest? eur/usd or other
The only thing you need to understand is that like you and I, we are different and have our own life paths - each market does too, If you take the current position of the SP500, its different to the Nasdaq and DJIA, but they will move in a similar fashion but not exact
This chart is the US Treasury 10 year Yield Index - It's pretty clear its been in a declining downtrend for 40 years - the cycle has ended now and the next 40 years are UP - Not shown, you can draw a Gann Box around the downtrend and use all the angles up and down to work out the next 40 years - sometimes the market will work to higher angled angles and at other times lower ones etc - the simple thing to do here is to just copy the Gann Box over to the new 40 year up trend
So now you have the EXPECTATION of what USA Interest rates are likely to do over the next 40 years, you also have a pretty good idea of when economic policy is likely to be issued to "deal" with the economy by way of raising rates and you also have an idea of the period when USA Interest rates will next go double digit
So a well built Gann Box can be really really useful on many levels - The main item here is the Time Cycle that causes the 40 year cycle
