Dislikedsome of them are psych,some are fibs.
other could be murray or fibos or something like that (gann and other mathematical theories based on fractals and so on)but in the end i've no idea.
and i also think that those lines are sort of difficult to use but great at the same time.Ignored
EUR-USD
We could have seen its lows already - prior to last ROLLOVER ...
Market looks more likely that it would rise one more time again towards above 1.4408 - 1.4422. Cross above would give 1.4445 - 1.4451 minimum - which represents first daily resistance (classic pivotal approach) ...
Cross of above 1.4474 - 1.4498 would give 1.4517 - 1.4536 in case of an extention (second daily resistance) ...
After all that a downside move is expected again ...
Downside projection will be calculated later then ...
GOOD LUCK!
We could have seen its lows already - prior to last ROLLOVER ...
Market looks more likely that it would rise one more time again towards above 1.4408 - 1.4422. Cross above would give 1.4445 - 1.4451 minimum - which represents first daily resistance (classic pivotal approach) ...
Cross of above 1.4474 - 1.4498 would give 1.4517 - 1.4536 in case of an extention (second daily resistance) ...
After all that a downside move is expected again ...
Downside projection will be calculated later then ...
GOOD LUCK!
- #177,684
- Jan 5, 2010 6:19pm Jan 5, 2010 6:19pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
not sure where you got that from ... 4 hour is lower closes and we are in mid channel.... more liekly to head to 1.4270 test than go up at the moment....
we break 3/8 mml we go to bottom of range to 2/8 mml and see what cooks from there
we break 3/8 mml we go to bottom of range to 2/8 mml and see what cooks from there
EUR-USD
We could have seen its lows already - prior to last ROLLOVER ...
Market looks more likely that it would rise one more time again towards above 1.4408 - 1.4422. Cross above would give 1.4445 - 1.4451 minimum - which represents first daily resistance (classic pivotal approach) ...
Cross of above 1.4474 - 1.4498 would give 1.4517 - 1.4536 in case of an extention (second daily resistance) ...
After all that a downside move is expected again ...
Downside projection will be calculated later then ...
GOOD LUCK!...
Blogging daily now at www.volume.zone
not sure where you got that from ... 4 hour is lower closes and we are in mid channel.... more liekly to head to 1.4270 test than go up at the moment....
we break 3/8 mml we go to bottom of range to 2/8 mml and see what cooks from there
Attachment
Yes - what you show us with your chart - that is the current active cycle...
But it is not the major probability trend channel ...
Major channel is still neutral - sideways - between last imminent low and last imminent high - that we have seen a few hours ago ...
- #177,686
- Jan 5, 2010 6:38pm Jan 5, 2010 6:38pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
the mistery of gator's math lines
i've already said it but:any chance to know what those lines are?
those who can, do. those who cant, talk about those who can
- #177,687
- Jan 5, 2010 6:42pm Jan 5, 2010 6:42pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can
- #177,688
- Jan 5, 2010 6:45pm Jan 5, 2010 6:45pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Yes - what you show us with your chart - that is the current active cycle...
But it is not the major probability trend channel ...
Major channel is still neutral - sideways - between last imminent low and last imminent high - that we have seen a few hours ago ...
with nfp at end of week anything could happen , but i see this chart as being a very weak flag in a downward movement of eu into 1.3500 zone.
Blogging daily now at www.volume.zone
- #177,689
- Jan 5, 2010 6:47pm Jan 5, 2010 6:47pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can
- #177,690
- Jan 5, 2010 6:52pm Jan 5, 2010 6:52pm
- Joined Apr 2009 | Status: Live and learn. | 25,231 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #177,691
- Jan 5, 2010 6:55pm Jan 5, 2010 6:55pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can
- #177,693
- Jan 5, 2010 7:00pm Jan 5, 2010 7:00pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can
- #177,695
- Jan 5, 2010 7:04pm Jan 5, 2010 7:04pm
- Joined Apr 2009 | Status: Live and learn. | 25,231 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #177,696
- Jan 5, 2010 7:05pm Jan 5, 2010 7:05pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can
- #177,698
- Jan 5, 2010 7:07pm Jan 5, 2010 7:07pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can
- #177,699
- Jan 5, 2010 7:10pm Jan 5, 2010 7:10pm
- Joined Apr 2009 | Status: Live and learn. | 25,231 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #177,700
- Jan 5, 2010 7:12pm Jan 5, 2010 7:12pm
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can