Magic Lines...?

Send me an email: cashcalf [at] gmail [dot] com

Quite spot on for most pairs...

Fresh chart from the "MAN"

i have sent you a mail and i think it looks verry intresting.


best regards

Today's level for EURUSD

yes it worked fine and also gbp/usd that i followed. It worked fine the only thing that i have noticed that are not soo good maybe is that there can be little space between the lines from buy to target example but longer till the stoploss if you shall follow the strategy.


best regards

I also notice it worked best when the lines are "distributed equally" amongst the 4 levels

Anyone caught this during early Asian?

Looking at some of the other pairs today some of them are strange just a few pips from buy to target like eur/jpy usd/chf strange.


best regards

I got those also until I read the blog... There is a section on "No Trading Rules" and Buy to target that is less than 20 pips should be avoided

Thanks for this cashcalf, it does seem uncannily accurate. I find some of the lines are lining up with weekly/monthly pivots, some on dailys and some on nothing. I wonder if its coincidence that any of these lines are lining up...draw enough lines on a chart....

On his blog he does say " It consist of measuring the Average True Range of the Forex pairs and calculating historical values of these pairs" and a further comment about price action levels.

On the examples you have been posting, have these been the pick of the crop or do all/most of the other pairs perform equally as well on the day? Are there others on facebook who have been forward testing these signals for longer?

eur/usd great result thother ones including gbp/usd did not make it to the target line. but verry verry intresting


best regards

I didnt pick them. I just got these results from the develpers' facebook and blog. I have tried with other pairs and some work, some doesn't.

I personally dont use them as signals but as a guide to complement my existing strategy

PM me for details

(missed your post) I have been trying to figure out some of the lines as well and yes indeed some were basically lining up with the weekly and monthly pivots.. I also tried fib ratios with major support and resistance levels and more often than not my levels were off by some pips...

Will spend this Easter analyzing the previous trades on his blog

Happy Easter!

Yesterday was a whipped for the EURUSD but today's good

Are you Wisdomfx's brother or something?

Had no idea who wisdomfx is but did a search... thanks for leading me into that thread... I am going back there to read the rest of the posts... Interesting

looking good but it all happen in the early night here


best regards

Hi All

Just stumbled across this thread so thought I would have a read

I use magic lines but my own ones and they are

18 36 62 84

If you put a horizontal line on your charts at the above points and have a look at how many times the price hits within a pip or two

There is usually a reaction at that point either a retracement or a continuation.

Eg GBP/USD price retraces from 62 and creeps down to 50 bounces around abit before the stop loses are nailed and once it passes 49
every body who cant hang on any longer cancel their orders and bail out
creating a quick drop to about 42.
A lot of people read this as a time to go short but the big money is sitting at around 37 -39

A pin bar is formed and away she goes north . Then it will pass 50 move pretty quickly up to 62 bounce up and down until a strong move forces it up and through.

Back to the 37 Once again if a strong move takes it down past 37 it will almost always bounce back to 37 . before it continues on its way south

If you watch news spikes they almost always end up pretty close to one of these numbers

Even as I am writing this GBP has been bouncing around 62 /63
Its moved quickly down through it and has just returned

These are the numbers but its how you use them thats the tricky part

Have a look at e/d yesterday there was half a dozen set ups off these numbers

Good for 10 pip bounces and set ups for longer trades

It seems to work with the quite a few pairs

I stick away from the round numbers purely because thats where the stop losses are getting hit which forces the quick drop or quick rise

Just my theory