Circular Trendlines

Since there is no tool on the chart to really see beyond the right most limit, I try to draw the same picture again few hours later, to see whether I have come close the time line.

As far as drawing the stars, havent found any tools yet, so I take snapshots, of the screen, go to MS Word and use the pentagon tool over there, then fit everything to the circle, and cut and paste into "Snagit" and edit the stuff over there.

Quite cumbersome, but thats the only way I know to do, for the hexagon I use Fibonacci line analyzer software, but the pentagon, I do manually

Still holding fast to the idea of a very strong turn around region within the 3190-3220 zone. However if through any odd spike there is one last attempt of price action to make any new highs before a strong downwind starts, this is the max of what I can see at the moment.

Anything higher than that, I would probably stay out of the market for 24 hours.

My last analysis before I go to sleep

This chart is about half an hour old, but its gonna take me some time to draw a new one. I just want to warn of a strong spike upwards towards 3290.

So you might want to exit shorts and short below 3180.

I am trying to follow time zones on this chart. The latest one will be the heavy circle in red that will be a turn around.

Please ignore the grey lines on the chart, they were drawn to find the vertecies of the pentagonal shape.

Here is a updated chart...

On trying on the path to find some sort of a narrowed down time slot where trendlines and indicators give more of a authentic signal I have been examining with pentagon & hexagons in the past few weeks. They are fine, but out of experience they work better on higher time frames than lower ones, and since most charting software do not support them, drawing them and positioning them can be difficult at times. They do have a margin for error too, which can at times give false indications.

Since sometimes being fancy does not work, and going to basics is much more desirable, on the same concept of hexagon and pentagon and whatever different polygon that one can use to find time, I have came across a very simple solution that puts all of the polygons and their methods into a very simple way of doing it, which does not require fancy shapes.

On the same circle you can have price action on a section of the circle going according to a pentagon, and other section going according to hexagon, and also similarly one can use a octagon as well for sections of the circle to see how time interacts with price.

The method works as follows, and works very well on all time frames:

1. First mark all time slots on your chart, using vertical lines.

2. Draw a circle around price action in such a way, where the center of the circle falls on a time slot, and the edges of the circle contain as many points as possible that can touch the circle. preferably the center of the circle should fall on a important time slot. All price action should be within this circle. You cannot have a circle drawn which goes around edges of price action.

3. Now to find time, you adjust a smaller circle around the time zones of the bigger circle in the following manner:

A. The center of the smaller circle falls on a time slot of the on the main circle.
B. The outside edge of the circle should touch few price levels or spikes
C. The radius of the circle should fall on a different time slot of the main circle

Using the above 3 rules, the next time slot will be the place where the small circle intersects the bigger one.
Example is shown below on smaller time frame to show flexibility of the technique.

Once you have narrowed down the time slot, then you can use trendlines / indicators to narrow down the best price to go for your trade.

You will also notice that using this technique, and experimenting with different points you get some future time slots, which are very close to each other, and some which are very far, no matter how you place your second circle.

I am confident to say the long awaited EUR drop is beginning to happen, and it is in its early stages.

Looking for a sleek and nice break of the 3000 level by April 30th as the new method of time line is telling us.

bookmarked !!!!

Here is the view...

The M5 chart is about 15 minutes delay from the M30 chart on analysis. But time is up according to my calculations for the upward spike.

I was getting quite a bit of time slots that were very tight as I was doing my analysis on time from 2 days ago, using all kind of techniques from polygons to my own method of circle drawing. These time slots pointed to times from the last 36 hours to roughly today.

Usually I have found that if the time slots are very narrow and tight, then that means a lot of spikes and up and down motion within that time(s)

That means if you are on a sell or on a buy within these times you always make money, because you will have price coming to the same place within 12-18 hours, no matter what direction you choose.

After finding narrow time slots, I could not find anymore time slots that were very close together, which is a good sign, and means whatever trend that will begin after today or early next week will not be as rough as what we are experiencing now.

I still strongly believe its a downdraft towards 2900 and possibly 2800 level.

very good bro. i see 2929 on weekly TF price could hit.

later chart.

Based on new calculation for time, next time slot will be April 30th...

Which means high of today should stay in place.

Lets see

Also note that we have a perfect perimeter to perimeter move within the given circle, and motion is slowly rejecting the north pole of the shown circle.

Another view of the same thing...

nice approach to trading but seriously do you think banks uses this?

no

i agree

Why does that matter? If it's working for him than who cares...you can trade and make money off the market any way you wish.

i agree