anyone using the GANN?
Charts, Charts, Charts! 1 reply
Few analysis methods 6 replies
Dislikedim sorry to interrupt..what do you think about this chart..is it gonna be a pull back after reach that line?
btw...i learned a lot from your thread..thnx alot!!Ignored
DislikedHey FX what do u thuink about the swissy?, take a look at this puppy
last 3 times it touched either the 61 or 38 fib and stayed in channel
time for a long?
u see any bad signs?
only thing i could see is that it hasnt hit the top lately so that may be a sign of a breakout to bottom , no?Ignored
DislikedHmmm. I try not to predict. I am no good at it.
I merely look for for high probability low risk set ups and then flip down to a short time from for a price action entry. Looking at my chart above you will see the defined range as it occurs to me. I want to play reverse in the range or a breakout when it occurs. As for which direction the Franc will leave the channel prediction, I have none. However, standard techical analysis says that the price usually leaves a consolodation channel in the same direction it came in. Which is to say, Dollar up. WHy in the world the dollar would want to go up any more from a fundemental stand point is a whole other issueIgnored
Dislikedonly other thing i could think of is that the euro has broken away up dollar negative for a bit now so that could be a good clue of swissy doing same thing to the downside.
Also since swissy has tested a certain line a few times isnt that an indicator of it going that way? aka the 2 fib levels i was talking about earlierIgnored
DislikedHey mate this is great thread you started
The views are slowly getting up there.Ignored