Circular Trend-Waves

EURAUD ... The pair seems to be respecting circular supports and resistences. And Now we have a good opportunity to sell this air. And moreover , as you can see in the picture , the 1,618 circle really fits the price , it can be accepted as a sign of perfectness. Anyway , in case the circular resistence is broken then the 1,618 circle will be the next target of the price.

http://img221.imageshack.us/img221/6166/euruad.gif

NZDUSD ... This will be the most complex chart I have ever posted , and honestly its not possible to use in practice , whereas it once more proves the theory that the market moves in a circular harmony like the liquid things. This liquidity causes less smooth pairs (like NZDUSD and AUDUSD) and it makes it very difficult for the traders to enter positions. Honestly I prefer pairs with less liquidity and much solidity , and horizantal support and resistence levels are more useful in NZDUSD when compared with circles...

So what is thge point to draw those maddening circles on the screen ?

1. First of all it makes me see that the market does not move by coincidence , and it obeys the commands of a strong king/geometry.
2. Like Isac Newton said , its possible to measure everything. And even forex market is measurable !
3. Its really nice to see how the price moves , so "fear" leaves the psychology of the trader , and he knows that all he needs to do is to be careful instead of being scared or worried.
4. It looks scientific

By the way here is the NZDUSD screenshot :

http://img705.imageshack.us/img705/2916/nzdusdq.gif

Anyway , I havent discovered a better way up to now , but its better to trade with the classical horizantal support and resistence levels in this pair. Circles are not that useful up to now except letting you know wats happening. I tried to mark the strong circles on the picture with thicker lines.And its really possible to see how they worked.


Regards...


(I will be happy to see your attendance)

EURUSD ... I prepared a less complex , almost clear circular analysis screenshot of the pair. The general trend is bullish , its clear. But the price also obeys minor circular authorities too , and last week it reached the circular resistence , and formed a pinbar ; moreover the candle after the pinbar confirmed the validity of the pinbar. So It was an amazing opportunity to SELL the pair. The target is the inner circular support (as seen in the picture : 1,3015). But its also logical to adjust a pending BUY STOP order right above the circular resistence in case the price breaks the circular resistence.

Aren't they amazing ?

http://img593.imageshack.us/img593/7...usdcircles.gif

Hayırlı olsun selim

Saol Beni nasıl bulduğuna gerçekten şaşırdım Hadi iyi geceler...

twittera çıkıyor postların

To be perfect or not to be perfect ... that's the question !

http://img28.imageshack.us/img28/3929/eurusda.gif

Greetings selym_co

Most people refuse to understand or see that the currencies, stocks. market trends (and in fact everything) are living energies with moods and personalities. They also like to use terms like 'support and resistance' thinking that the support and resistance are actually 'external' influence on the market movement.

Yes, some things do influence the market, but not as much as people think it does. Most of those 'support and resistance' that we see are actually part of the nature of the energy. The way she 'walks'

Just like a human being can not take two steps in a row with their left foot, so is the energy. We can not step further than one length of our legs. The same with the price movements. The limitations are inherent, they are the make-up of the being. When one looks deeply enough, one begins to see these patterns. While we can not predict which way she will turn and exactly when, we get (by knowing her style and habits) to be able to see when she changes direction, and by observation, how far she is likely to go before a retrace.

I am not sure if you have seen the Gunner24 piece of software. There are two versions, one is freeware and it deals with Fib Circles (as yours do.) He also explains in detail how to use the software and if you use it and follow his advice, you WILL make profitable trades. (Google it if you wish)

This picture below is an indicator (well actually it is 6 indicators that form the whole as 'one' indicator) that I wrote recently. If you wish to download it, find my thread "The MacD Magic Monster" here on FF. It is there with others as well.

http://img708.imageshack.us/img708/2...ovingchann.png

This is the H1 GbpJpy, The Fib Circles are not in any prominant place here, though you can see many places where the price action follows them, but in truth, while trading, it becomes a bit chaotic to the eye to any who are not clear on how to view them. (I use sometimes up to 5 on the same chart, and no matter how 'far back' they are, they still have a 'magnetism' to the price movement. Like sound waves that interfere with other sound waves. It is like an ocean of energy with currents within the currents.

I think you might like this post as well, it gives a bit of detail of my indicator in use together with Gann Grids.:- http://www.mql5.com/en/forum/9454

Last thing, do yourself a favour and look into Pyrapoint, by Don Hall. (Look at my thread for details or Google it)

I hope you enjoy.

Thank you very much for your amazing post and support and comments ....

I havent read more than a few books about the market , mostly I watched videos on youtube. And my understanding does not accept the existence of chaos in this universe. Like you said everything is a living beast and has its own personality. It seems to be nonsense at first , but the more you study on the charts the more you are amazed. And this process of discovering things is what makes me excited. I really love studying and watching charts and seeing the hidden harmony which makes me admire the strong authority in this universe. Quantum physics describe this authority as the whole energy like you said in your post , and it is quite logical.

I have read about Gann too in some threads on this forum , he was the same like me about enjoying studying the measurable rhytms in this market ; but honestly ı have too much to learn just to be like him , and my advantage is I like studying . I will not use any indicators or formulas discovered by others , my ego does not let me do it .I like to see how my brain works , it gives a great pleasure to find that hidden harmony in seeemingly chaotic things. I feel as if i am created for this purpose. What you have told in ur post once more proved that I am on the right path , because your words smell "logic" .

Apart from all , I am still at the "studying" phase , and everyday ı notice something new about the market , and what I see is even destiny and the important political events on this planet are the servants of a strict authority which does not let anything to happen by coincidense. I am mostly a philosopher instead of a trader And money is just a gift from that authority

The indicator you told in ur post (I will download it and see it on the chart) is interesting , I really wonder how can somebody formulate it ... When I look at the charts I feel that my brain is doing a hard work with smoked coming out from my ears but I wud never be able to write down the algorithm of that process of thinking. ı mean It is also another part of art to express our thoughts through mathematical algorithms. And If you achieved it in ur indicator its really amazing , and I have much to learn from you...

With circles I can predict the reversals , but still some parts are mystery to me... the duration of the upcoming trend , the existence of horizantal supports and resistences (Why do they exist in a circular dimension?) ...ufff...many questions to answer before I reach Nirvana

Regards , thank you very much !!!

I really like this sentence...and ur thread is amazing. Finally there is something interesting to read tonite

Thanks for the second time...

Many years ago I came up with the phrase, "We are free to do whatever we want, but we have no choice." It is indeed very rare to find someone who actually KNOWS that I mean that phrase in every way AND that it is true. As far as using other peoples indicators, I use everything and anything. I dismantle, pull apart, restructure, recreate, whatever. All for the purpose of deeper investigation of my self. By understanding anything external in a better way, allows me a better perspective view of who and what I am. Our maker hid the rarest gifts in the place most will never seek. Inside ourselves.

You mention that you are still in the studying phase. Any person that leaves the studying stage is a fool. No person can ever know enough. There is always more to learn. If one thinks that they are clever and no longer need to learn, they are in fact stupid. If one knows that he is stupid (as I am) and there is still LOTS more to learn, by knowing he is stupid is what makes him clever.

As far as the algorithm for the new MAX (Magic Moving Channels) indicator is, it is actually not even an algorithm, well I guess it is, but it is so simple it is frightening.

Take two any EMA's. Call the slowest (let us use EMA100 and EMA50) EMA100, and call it the Base EMA. In an upward trend, the secondary EMA50 will be above the Base EMA. At each point in the chart, 'measure' the mathematical price 'height' difference between EMA50 and Base EMA, then place a 'mirror' of the secondary EMA the exact same 'height' (if it is above) below the Base EMA. If the EMA50 is below the BASE EMA, then it's 'mirror' is above.

<edit> My time for errors is multiple today. The satellites are mirrored above their prior positions, not below the Base EMA. In other words if the EMA50 is 10 pips above the EMA100, it becomes 10 pips above where EMA50 would be.
or written another way:=
Satellite_EMA50 = EMA50 + (EMA50 - EMA100)
OR
Satellite_EMA50 = (EMA50 x 2) - EMA100
</edit>

That is what those magic channels are. They are simply a series of EMA's 'mirrored on the other side of the base EMA. In the indicators, the 'ratio' is the multiplier of the Base EMA. In other words the first 'mirrored EMA is 569 -the Base EMA setting in the indicators- *0.828649 (which is the cube root of 569/10). I can not currently recall how exactly I got to using 569 exactly, I find it works as effectively with almost any Base except if the base is too small, the channel widths are too narrow to be of use and it also works out wrong in the show of the price actions upper and lower 'limits' (I will explain this forthwith).

The 'indicator' is 2 sets of 3 indicators combined. You do not really need the MAXchart3 except for one thing it allows us to see, which are beginnings of retraces and reversals. This will be further explained when I also explain 'limits'.

The second set of 3 indicators form a histogram of any channels that the price moves within. This is a simple way of making it simpler to see without having to squint and get eyes lost in two hundred and eighty four million lines. (They do look like that many when ones eyes get tired.) Think of the histo's as a visual aid of sorts. They also snap the viewers subconscious 'pattern recognition' to attention. They make what might be obvious to some but invisible to others become blatantly obvious to all.

As far as the limits go, since the EMA mirror 'satellites' are self reducing, after a certain amount of them, the prior EMA multiplied by 0.828649 is less than 1, and since the EMA's are integers, the minimum usable is one. In reality, the flows and currents of energy are not limited to integers, but that is a totally different matter, or perhaps it would be better to say wave rather than matter. But since they are actually one and the same, does it really matter?

Getting back to limits. The price action has a 'natural' finite 'reach' It can not overstep the 'dome' of the mirror EMA's. It can and does sometimes strike upwards or downwards as if it were but it very seldom reaches those outer limits. (Ignore the period where the price action crosses over the base EMA. I am speaking now of once the price is within the 'dome'). This flight for 'outer space' hits the price just like Helios did to Icarus. The wings melt and a plunge 'earthward' (EMA-Baseward) occurs.

The price action enjoys staying in the 'mid zone. As the channels extend further away from the Base EMA, the 'width' of these channels decreases. Similar in a way to oxygen and Mount Everest. If the price action ventures into these 'extremely thin' zones, the stay is seldom for long, and the thrust to reach there is mirrored as a reverse thrust to return to better climates. The price action also seldom swaps more than two channels at a time. She likes smooth surfing whenever possible.

With regards to the MAXchart3 (and the histo), they depict these 'super thin' or 'oxygen free' zones. The price (as I said) seldom goes there. when it does, the MAXhisto3 shows 'alarm' colours. It means, be aware, Icarus is on the meltdown. It is not 100% true (what is?) but it is most of the time. The alarm does not mean 'panic and go shiort', it means be aware and respond if you see something that shows a rapid drop is beginning.

I suggest you observe the indicators, scroll them around charts of all timeframes and add your circles, indicators, insights or whatever, to see if you get something useful, or just another thing that is fit only for the waste bin.

I also suggest you download the freeware Gunner24. If you do not like what it offers, it cost you a little time to download. It might show you something regarding the circles that you have not previously though of.

Finally, I would like to make one suggestion regarding circles that I do not think you have yet tried. (I may be wrong).

Observe the suggestion in this picture:-

http://img823.imageshack.us/img823/2...esmirrored.png

In a way, the Mirroring of the circles allows you to have the 'other' side of the trend channel. With only one set of circles, you see only the retracements or reversal pathways (when they are followed).

There can not be a unity of one.

It is most enjoyable to find one that thinks along similar lines. I think we might find many things to discuss.
Peace be with you and enjoy.

And here... is a seemingly NOT forex pattern, but you know, as do I that it is. It is titled The flowering Butterfly. I sketched it in pencil for a young lady friend of mine.

http://imageshack.us/a/img710/8069/c...ringbuttem.jpg

Sorry , I was outside , and I just arrived home and saw ur posts. I can smell some engineering process of thinking in ur approach to the market. The suggestion you made was interesting (yes i tried it too) but wat i saw while using the circles is (unlike kambooj) their center shud start from a single point (top or bottom). Because the traned starts from some point , and the angles of the supports and the resistences are all related to that point.I mean they have a kind of geometric relationship. I prepared a NZDUSD example for that purpose , I drew circles with different reference points.But when you put both of them on the same screen then it becomes too complex. So first I just spend most of my time to see the correctest circles Then I draw them one by one , then I even try the fibonacci ratios and check if they fit on the price movement (just for fun) ..And in the end I just combine those circles in a less confusing way

Stage 1

http://img836.imageshack.us/img836/6814/nzdusd1.gif


Stage 2

http://img11.imageshack.us/img11/7158/nzdusd2.gif


Stage 3

http://img9.imageshack.us/img9/4475/togetherj.gif

And looking at those pictures , I can say that the price has a little more distance to the white circle (stage 3) ... And it will be logical to try going LONG at those levels , and place a SELL STOP right below the circle. But here comes the question , How can ı be sure that there wont be minor resistences (hidden) between the price and the target...so there is still risk !! And another problem is we earn money just in case the price moves "up" or "down"...our charts are two dimensional. So when we make true predictions about the circular targets It might not give profits to us and just stay chopy and then touch the target circle...Thats another problem...So we still need horizantal tools in our analysis :S

I know that the analysis in this market shudnt be only two dimensional (time + price)...But I also do not know what the third dimension is.Most probably it is the momentum , but I really do not know how to include it in my studies and analysis.

As a conclusion , yes the market is predictable and measurable ! But there is still risk , and we shud accept the existence of horizantal tools and results ...

Regards...

Greetings. I saw (but have not yet had time to reply) your post on my thread. My brain is spinning into a state of fission. So many things to try and so little time!.

Firstly, you mention drawing the circles one by one, I mention this because a useful (not accurate but convenient) tool to use as a visual 'precursor' is the Fib Arcs. If you tick the 'ellipse' checkbox, it gives you full circle. As you are no doubt aware, the Mt4 'scale' representation varies from one item to another, and has to be reset to different numbers depending on your zoom, the timeframe and which item you are using. Gann Angle Lines are a pest because of this, so too are the ellipses.

So, by using the Fib Arcs, and setting all 32 starting with 1 and increasing at 0.5 per 'arc' (which is full ellipse when ticked). You get an easy to move (one line needs stretching or moving) tool. The easy way to check if you have the scale correct (after stretching your scale so it looks circular, is to check backwards into prior data. If you have 90% plus of it following these lines, you then know what particular Fib Arc scale settiing works on that particular timeframe and zoom level.

As far as prediction goes, you find, (after a time) that you only need to predict the very near future. Say 20 to 30 bars of whatever timeframe you choose to trade in. Meaning that if you are on M5, the 'near future' is 100 minutes to 150 minutes, while if on the daily chart... You get the picture.

I got one particular piece of info from the trading manual for Gunner24, which I highly recommend you download, it is one of those rare things that is actually fully free when stated 'free', the software and documentation. That piece of information formed a paradigm shift in my head and it has brought many things that were unclear into focus.

He states (he being Eduard Altmann, the designer of Gunner24), that one place the circle on bars that conform with Fib Numbers on the initial impulse of the trend. He uses the word 'timeframe' but he is referring to Barcount in this instance. If you have read up at all on Gann (particularly Pyrapoint by Don Hall) you will be aware that time and price are co-related. The square root of the price defines the 'spread' or 'width' of the time that the reversals, patterns or retracements will occur within. They also form a 'circle' of a full 360 degrees that is 'spread' laterally over the time axis.

The reverse occurs with time into the price axis.

By uttilising Altmann's choice of Fib Number Counted bars, rather than the high and low of the full impulse, the reversal points (and the arcs they follow) become so precise it is frightening.

I am currently exploring using the Open and Close aspects of the bars, since these are time precise, whereas using highs and lows could have happened at any time within that bar. The small variances in precision are what becomes the error of parallax. As one progresses further away from the root, in this case the start point of the circle, the error multiplies exponentially so the likely reversal points become nothing more than a half educated guess.

If using Altmann's bar count, that is,using 3,5,8,13 or rarely 21 consecutive bars (with no additional highs or lows of any kind), but using highs and lows as Altmann uses, it goes from a half educated guess to an 85% calculated trading decision. He uses a limit in the time of his use of the arcs, as after a relatively short barcount (100 or so bars) the circles and angular lines are no longer remotely reliable.

http://img706.imageshack.us/img706/5...rorcircles.png

I entered a long position as indicated on the picture, (this is live trading, not demo), and at the second Lime Green line, I will add to that position. I am currently 18.9 pips in the red. I expect the price to reach the Green dot as visible on the picture. It is 83 pips above my opening position.

Watch the price action as it unfolds. It will follow the Red circles on upward movement, and will follow Yellow circles on down movement. Notice that I mirrored the circles at the 1.0 (first circle). The arc 'dimensions', after the base of 1.0, are the square roots of the Fib Numbers. There are 2 lines added (which I plagiarised from Gunner24) they are the 1.5 2.0 and 3.0).

I am trying to finish and post rapidly so you see it as it happens, (before the bars/time take away the opportunity.)

Any further explanations needed I will add in the next post.

I nearly forgot, This is GbpJpy M5 chart.
<edit> Notice that I offset the bottom left of the Fib Arc Base Line one to the left. This makes it use the 8 bar time width. Yes, it does make the arc fit more precisely. </edit>

<edit> Second edit... !! I only now figured out why this is NOT working !! in my rush to show you how effectively it works, I used the wrong scale and did not check back in history that it 'fits'. LOL. Fortunately it is still cool. I will post the correct Picture in a new post. </edit>

I want someone to invent a spiral wave Fib indicator myself. Circles fans and lines are just not good enough.

Oh my, oh my, oh my....

An error of a statement also in my edit. It was not in my rush 'to show you', it was in my rush to enter the trade. The showing you occurred after the initial scale 'mistake'.

Oh well such is life. It turns out, fortunately, that it was not too bad an error. I should have realised ages ago, at the second 'add on' place that it was not working.

Here is the correct picture. Notice that this time it actually lines up!
http://img407.imageshack.us/img407/1...scorrected.png

I placed the second add on point bellow since the price is likely to follow those two close circles down before she breaks through. (Likely but not certainly, could go straight through.) The end point where the 'diamond' is, is a little lower here. Plus minus 70 pips.

Now we shall see how she unfolds. (LOL, Wrong twice in a row?... Place yer bets ladies and gentlemen, place yer bets. Prime rotten throwing tomatoes for sale right here.)

<edit> If the price does trend down to the Green mark I placed for add on, the end diamond would be more accurate one square lower. (small pips profit trade.) It would also indicate the likelihood of a potential full scale trend reversal. If the price continues to drop below the angled white line, that would be my Stop Loss entering the trade, not an add to position. </edit>

<edit> Final Trade Complete:- 35 pip loss.

I discovered yet ANOTHER error in my above chart. Notice the 3 angled lines. The middle one is correct. 1:50 (or 45degrees) The other two are supposed to be 1:5 and 1:20 respectively. I linked them to the third sub-square intersections instead of the second. That made the reversal point lower than was correct. It cost me about 25 pips.

No biggie, I was curious to see which held more strength, the Red arcs or the White Gann Angles. LOL, neither, she (Grumpy Grandma - GbpJpy decided that she wanted a Pizza from that awesome shop in the South Side of town.... She was stronger than all of the above.)

All in all, I pulled in 75 pips profit for the day, so I am happy. Just as well, since today being Friday holds a medium to big USA news event later. Best to be out of the market anyway.

Regardless of how I bungled this one, you get the idea, and we can both check the 'form' of this as a trading concept as time goes by. Realise that this particular chart setup is only 1 of 5 that I cross check before trading. (Unless I am dumb and tired as was today.) My primary check first, remains the BothMac 6 EMA's. I see them and their patterns far more easily and clearly than anything else.

While my mind undergoes its paradigm shift, things are a bit blurry, but after the dust settles, things tend to be far more clear after change is fully in place.

I now have the time and clarity to investigate your thread with more depth. I will ask if anything confuses me.
Enjoy,
BlueMental

Oh my God ... I will read all of the posts in the evening.Now I do not have much time and I just want to upload the updated EURUSD target map. The target is marked with a blue triangle in the picture and it seems to be 1,2970s on Wednesday next week. I will be waiting for the target to be reached , and who knows what the end wilk be

I already use FiboArcs for drawing the circles , the other circle drawing tool does not stick to the price on MT4. Adjusting the best scale was a big problem in the beginning , but it became easier by time as I practiced more. For ex the FiboArcs in the last post I sent about EURUSD Update has a scale of 103 . So by using 103 scale circles (the goal which I am trying to achieve at the moment) (when we consider that the circles shud be centered at the a point which is either top or bottom) it might be possible to find future tops or bottoms including [date] data. I will explain it in a better and picture supported post in the future. For now I have experimental studies , but they are not worth posting here...

The trendlines you use , as I remember 45 degree was the optimum trend angle for Gann , and according to my experiments the trend moves within fans which has lines of 15 degree space between each of them. So if the optimum angle is 45 then we can say that ...15,30,45,60,75... and other angles (if it was possible to have a tool like that which draws lines starting from the same point and going outside like the sunlight) are the angles of the trendlines which dominate the price ... I know , it doesnt have a scientific base , but at least it is wat I saw on the charts.

Another thing ; I have never tried smaller timeframes for the circles , it does not attract me,because its lots of work and effects my social life in a negative way. And as I know the intra-day trends are mostly made by the auto-robots of the big investors , so I think its not logical to seek for a natural pattern among intraday trends. Right after this post I also will try to draw circles on GBPJPY , you made me wonder whats happening in that pair

Regards...I hope you dont feel bad that I am not as scientific as you are. As I told before I am mostly a philosopher when compared to a trader ...

Expanding slightly on the Gunner24 context. The concept is all based on what he (I believe this stems from Gann but have not verified this) calls the initial impulse. If a trend is going long and a reversal/ retrace begins, it is not possible for us to determine if we have a retrace or if it is a full reversal. by using the G24 (shortened for Gunner24 from here on out) method, it allows us a better (early) definition of if the price ois a retrace or if it is a reversal.

What Eduard does not state, is info I gathered from Don Hall - Pyrapoint. The info is that the price is directly related to the time cycle. The way pyrapoint works, one takes square root of the price (EurUsd 1.32305 current price in your D1 picture) which is 1.150239106. This square root is then 'mapped' for position on the Square of Nine, (or as Don Hall calls it, the Cube of Nine - you can download an excel version of it on my thread).
Using 1.1502 however does not 'fit' since the Square of Nine(SQ9 forthwith) is integers only, so Hall by multiplying by 10's, 100's or whatever is needed gets an integer value that is based on this square root.

You will notice after investigation, that this does not alter the accuracy of this concept. It changes the 'angle' placement on SQ9, but it matters not since the next neighbouring angles are what is important. I know that at this point, not much of what I am saying makes any sense, but it will ( I hope) become clear soon).

So we shall use 115 as our square root. It fits in the SQ9 scale for both root and squared (which gives us 115^2=13225, 4 digits). I would have preferred to use 1150 (for reasons that will become clear) but the excel version of AQ9 does not reach 1322500. (I will expand it to reach that number needed for pairs that use X.xxxxx range. I use GbpJpy which is XXX,xxx so the SQ9 map is sufficient)

The way SQ9 angles are reached is using what are known as Gann Angles. In a square of 100 x 100, a line drawn from bottom left to top right is a 'Gann Angle' of 1:100 (shortened to the 'scale' of 100) is a 45° angle. I place Gann Angle in apostrophes because it is not an angle, it is actually a ratio. Halved to 1:50 (Drawing from bottom left of a square to mid height on the right of the square) is NOT half of 45° as many calculate, it is in fact 26.565°

The picture below shows the 'halving of halves'. On the right side shows the largest square cut into quarters, While the top shows the quarters halved (Eighths).


http://img203.imageshack.us/img203/2175/27843403.png

These ratios are relevant both on charts and on SQ9. In SQ9, we depict the horizontal left as the 0° point, the right being 180°, top 90° and bottom 270°

More visible in the picture below.

http://img268.imageshack.us/img268/9123/sq9angles.png

To get the Angles between these, one thus halves the ratio. Hence called the halving of halves. All of these halved halves are primary points in SQ9 as well as on the chart. They are 'strong' lines. It is at these points that change occurs. One can by extension realise that if one halves the halves enough times, that it represents basically all numbers. So we choose, for the 'importance' factor to go so far as Eighths. This picture represents quarters only.

Now if you were to locate on the excel AQ9 the square root number 115, you find that it is adjacent to 270°

http://img543.imageshack.us/img543/7...5sqrtonsq9.png

The 243.435° meridian, if starting at horizontal left 0° 11.5/16ths of the full circle. or 23/32ths (is that 30 tooths?) Remember, it is NOT derived as an angle, it is the ratio halved and halved as shown in the first picture. Thus it is not (225°+270°)/2=247.5°. It is 270°-26.565°= 243.435° as can be seen as half of the 45° meridian in the 1st picture. Alternatively, one can calculate it with sin,cos and tan. This is a very important distinction. The 'angles' are actually just a reference to the ratio. It is the ratio that holds the key.

To find the half of the meridian between 243.435° and 270° (113.5 and 116 respectively) one subtracts 14.036 (the half of the half of 45 meridian, see 1st pic) from 270°. Thus the 23rd/32th = 270°-14.036°=255.964°. The 23rd/32th meridian in numeric value however is (116+113.5)/2=114.75
You might currently find this as a coincidence that the Square Root of the EurUsd value 1.32305 being 1.1502x100 is remarkably close to 114.75. This is not a coincidence.

As you recall, I stated that change occurs at the meridians. Major change usually occurs at the Major meridians (0, 90, 180 and 270), then (45,135,225 and 315) and so forth by halving the halves.

Now before we go on to the next phase, first take a look at the number of 115^2 on the excel SQ9. 115^2=13225

It lies directly on the 315° meridian. If you take your calculator and get the square root of any odd number. You will find that their value also falls directly on the 315° meridian. If you calculate the square of any even number, the result lies one cell counter clockwise(ccw) of the 135°

Numbers ending in 0.5 squared fall one cell ccw from the 45° meridian. Add half of 0.5 to 0.5 = 0.75. Square any number with 0.75° and just as you increased the number by 1/4 of 1, go clockwise in SQ9 by 1/4 of the meridians to 90° and yes, one cell ccw you find 113.75^2 =12939.0625 as 12939 (12939.0625 rounded down)

Subtract 1/8th of 1 from 113.75 and you get (113.75-(1/8)=113.625 (0.25/2 =1/8). Now since you subtracted the 1/8th, go ccw on AQ9 by 1/4 of 1/4 of the full circle to the meridian which is 63.465° and yes, you find 12910 (113.625^2=12910.64063 rounded down).

This continues as long as you continue to halve the halves.

Ok, after that tangent, let us get back to the number 115 and the square of it being 13225 1.33079 is the High close to the current price of 1.32305. The square root of 1.33079=115.3598717 the closest meridian within the square root range of 1/2 (Major change meridians) (0.5) 115.5 which squared = 13340.25 (1.334025 in EurUsd terms) and 115 the lower closest major meridian. (The same used for current price.). 115 ^2 = 13225

If, using the next major meridian drop, of 114.5, we reach the square value of 13110.25 This being 1.311025 and one drop further being 114^2 = 12996. (Your proposed Price of 1.2970 is remarkably close to that value.)

So we shall place horizontal (price lines) on the chart for the major meridians. 112 through to 116 in 0.5 steps.

Root Squared (as EurUsd value to 4 decimal points)

112 1.2544
112.5 1.2656
113 1.2769
113.5 1.2882
114 1.2996
114.5 1.3110
115 1.3225
115.5 1.3340
116 1.3456 (they stole the 2!!)

Looking through the chart, I find that they do in fact show as clear horizontal support and resistance lines.

Now unfortunately, here I get fuzzy with the Pyrapoint method of choosing a time for the square represented on the grid.

Don states "Keep in mind that you determine the square and TIME by your own “seat of the
pants” judgment. If you are right, then some the lines work well. My question to
you is: “Granting that the ‘P.C’ stops and starts most moves, just which one of the
divisions of the ‘P.C.’ will stop this move -- and when??”

His term P.C. means Pocket Cube referring to the Cube of Nine.

I use a much more tedious but workable solution. Follow and (L)earn. Using throots of the price range from above as the horizontal base for our chart squares, we now need to determine which meridian the chart tends to follow. I find that each currency pair tends to favour two angles (meridians). By using the Gann Grids, and going back into the chart, I find the 2 ratios that 'fit best'. How I do this is aet the base angle of the grid to the predominant retracement trends. I then copy that scale (whatever it might be). Then I alter the 'bar width' and paste the previous scale back into the grid. This keeps the same angle but alters the 'channel width' as well as how high the diamond is. I do this a bar at a time and then drag the grid around the chart till I find the most possible places where the price action follows those lines. I then make it a Blue.

I then do the same process for the second grid. You will notice when you do this that the price tends to form a down channel at one angle and an up channel at a different angle. I usually set the up grid as Blue and the down grid as red, but that is not always relevant because the price action often chooses the 'secondary down channel' as an up channel as well. Depends on her mood.

The two opposing colours make it easier to follow one grid or the other.

Both channels act as a type of 'magnetic guide' the price has 5 options with each grid (grid of channels), it can go up the channel, down the channel, 'range' across going neither up nor down, shoot up (near vertical), or shoot down.
This is repeated with the other channel as well.

The price tends to choose 'shoot up' or 'shoot down' where the lines of the channels in the grid intersect. (Not where the blue lines intersect with the red, in other words at the four 'corners' one grids diamonds.)

Using these grids, once they are in 'best fit' positions, gives us a horizontal timeframe as well as a vertical one. The price trends upward and downward at the grid angles, but the vertical and horizontal boundaries of the diamonds are a lateral Price and channels in their own right as well.

Enough for one day, please download and check the physical representation of what I described. It is too much to show as a picture to be able to cross check.

And here, just by using the square roots squared (109 to 122) and messing around with rectangles and lines. Halving the halves but in drawing.

You get this:-