Circular Trend-Waves

The grids seem difficult until you learn a few tricks, ( I will explain them later. But firstly, each pair has a personality. EurUsd is like a snail set with One course of action. In plain and simple terms, she is absolutely boring. No passion, no sudden changes of mood. So you get the boring steady missionary position and nothing else. To find a secondary angle in her personality you need to be better than Freud was.

But she does have her moments, If you can find watching paint dry exciting, then you can find her 'fast moving' angles (assuming the snails don't beat you to it).

Secondly, the Daily charts are not the place to find the angles, the angles are in there, but are far more difficult to find since there are relatively zero bars available to go through.

So try it on M30 or H1.

http://img145.imageshack.us/img145/3...1ganngrid1.png

How to find them is simple. Zoom out to max, and you imediately see the primary Grid angle. Draw a trend line from the Highest High to the Lowest Low. That is the Primary trend. To easily put your grid on this, follow these steps.

1. After choosing the Gann Grid tool, Click in the middle of your screen. Do not drag or try to put it anywhere, just click once. This will give you 3 'selection dots' on a single line. Drag one of the dots in any direction until you have a grid forming. It does not matter what the angle is, or where it is, as long as you can see the 'diamonds'.

The reason for the 'One click' method is because due to the expert coding, if you try to actually place your grid where you want it, it scales off the screen with only the starting point in the right place, and you can not reach it.

2. Now drag the Dot on the Grid that is at the Intersection, (not the single 'loose end' and drag it to the Low on the right side. The single 'loose' end, drag to the high. This 'sets' your angle. It does not have to be precise. Then open the Grid properties and copy whatever the scale is set to.

http://img534.imageshack.us/img534/4...1ganngrid2.png

3. Drag the single dot closer to the low, more or less keeping the angle, but how close is not important. Keep dragging it until the 'diamond' has formed the correct width of channel that is touching both sides of the prices.

4. Re-Open the Grid Properties and paste the scale that it was back there. The scale sets the angle. The bar width apart in the start and end of the grid sets the channel width.

5. By dragging the grid around the chart by the middle dot, you can now find where it fits best. If you want to 'reverse' the grid from the down angle to the up angle, just delete the '-' (The minus). Likewise if it is up and you want to make it down, just use - scale.

If you want to slightly change the angle for a better fit, it is easier to stretch it and use the centre line like a trend line. Rather than trying to 'small move' the tiny diamond. You know how to keep whatever angle you need (copy and paste scale. and the quick and easy way of channel width is just drag the dots to +- 5 or 6 bars apart. It doesn't matter what the diamond looks like, or what the angle. When you paste the scale, Bingo, the angle jumps into place.

Now how do you find the second 'secondary' line. Although she is a snail moving missionary only girl, it is actually easy to find her 'sweet spots'. This one I will give you with no words in picture form. When you are finished saying "Duh! How come I didn't think of that" You will never need to think again to find her (or any other girl's) sweet spot.


http://img211.imageshack.us/img211/2...1ganngrid4.png

As far as me saying this works easier on H1 than on D1, it was an outright lie, just so I could nag Missy Eur about how boring she is.

Proof? Look below.

http://img42.imageshack.us/img42/469...1ganngrid5.png

I do not think you will have a problem with finding the grids now.

You want the same grid on a different timeframe?
Easy. In this case the scale (Red Grid following the trendline in above pic) is 184.60. Daily = 1440 minutes so 184/1440 *New Timeframe of your choice. (lets say H1) so *60 = 7.66

One way of getting the correct grids on the new timeframe is calculate them, and write them down. Delete both grids. Change Timeframes. Create 2 new grids with the calculated scales.

Another way is to use the Object Window. Specially if you are going from D1 to H1, because you will not find the start/end easily. Then you can calculate, put in the new scale and delete the grid. Close the Object Window, Create a new Grid and it will be the same colour an scale setting as the one you just deleted. Do the same for the other grid.

So, here she is:-

http://img402.imageshack.us/img402/9...1ganngrid6.png

EURJPY ... For God's sake ... isnt it amazing ? For now its +154 +171 ... and the circle really dominates the price...

http://img99.imageshack.us/img99/2084/eurjpye.gif

EurUsd Prediction

http://img90.imageshack.us/img90/963...prediction.png

Or the price dominates the circle....

The mage arguments are infinite. Which one came first, the chicken or the egg?

Simple, the egg. The chicken was faking it!

Hi BM ;

These grids really fit the chart , but do you think it dominates the price with sharp and accure thin lines? (Please do not misunderstand , I am not offensing...just asking) .. I mean wud it be possible to take positions according to this chart ? But honestly it really puts a logic behind the trends , like wind-like pressures on the price with different angles...

I am not experienced or ı dont know even a bit of grids , but wouldnt it be more accurate if we did the same process according to the last minor swings ? For ex while drawing the channels my reference area is the place which is marked with the zigzag lines in the picture... I believe that by doing so we can detect the mostly updated angles...

http://img803.imageshack.us/img803/9699/eurusdyk.gif

You always see the details which are really true , but somehow I cannot notice them at first But both the price and the circles obey something which is too powerful like the quotation I posted before :


What this power is I cannot say; all I know is that it exists and it becomes available only when a man is in that state of mind in which he knows exactly what he wants and is fully determined not to quit until he finds it. - Alexander Graham Bell

Hi All,
I'm reading this thread and appreciate so much your contributions.
I find it hard to set the circles in a profitable way.
Anyway I wish to post this study on a very long time (daily), by setting 4 Fib arcs corresponding to the HHs and LLs of the EURUSD since 2009.
I used Fib arcs with 3 levels: 0.618 - 1.618 - 2.618
I set them from the extreme swing points (HH and LL) and the most significant previous swing point (which is about halfway).
I used letters and colours to help reading the chart.
The main thing I can see here is that at the cross of levels 1.618 of the two previous points (e.g. A+B, B+C) there is a clear inversion of the trend.
I know this is very hard to trade, but I'm trying to get confident with such new view and then move to smaller time frames.

Hi jack ;

First of all I am not a forex-guru , so you can be sure that ur opinions are valuable too , and I am glad to see people contributing to the thread so far . For sure 1,618 and 2,618 circles are amazing ratios for the market. But just like living creatures there are always exceptions for those ratios. If a creature fits those ratios we instictively call them as perfect. And here comes the question :

Will the price prefer being perfect ?

The answer will be shown through time , but we can at least know that the price (like every creature in this universe) will try its best to reach that perfectness , because thats the rule of the natural order. I am not sure if it is a good way to express it , but everything is the slave of a strict ruler in this universe , so why shudnt we make profit by knowing this strictness ?

2,618 ... being a respected ratio does not have a big validity in my perspective , at least its validity is less than 1,618. If you just delete 2,618 of your FiboArcs and leave only 1-1,618 , and then if you just locate the center of the arcs at the reference point (the starting point of the trend) and if you just drag the 1 FiboArc all around the chart and put it on important pivots then you will see the limits of the each perfectness trials. Ufff...I am really bad at explaining things But I tried to explain it in the first post ..

And if you want sharp turning points (just like EURJPY in the posts above) then you shud stop looking for perfectness and just use the previous important HIGHs and LOWs. Then be sure you can overcome this situation with quite profitable positions. And the best advantage of using geometry is knowing wat the price is trying to do !!! Isnt it better and more comfortable if we understand the logic behind natural cycles ?

And I suggest you to check BlueMental's thread too , he uses some indicators , but at the same time he has good explanations about the geometry of the market. Just a min , I shud paste the link :

http://www.forexfactory.com/showthread.php?t=234733 - BMI - MacD Magic Monster

Gann , being one of the pioneers of this geometric harmony left lots of mysterious parts about his way of trading. But he left something which is worth a big treasure which most of us do not see : That treasure is the fact that the market is measurable and predictable !!!

Regards , hope to see you more often...

Hi selym,

thanks for your kind reply. You are good at explanations, don't worry (also for me English is not my mother language).

I agree with the 'perfectness' theory.

So, I'm testing again: I cancel level 2.618 and leave only 1.618 AND 1?
Not even 0.618? (as you know it's obtained by dividing any Fibo number with the following one).

As concerns tracing arcs, I agree in choosing an important swing point. The second point (I see in your charts) you choose it from various previous points: not necessarely a swing point (I mean: if we start from a Low, the swing is a previous important High). So, for ex. I see you trace an arc from a minimum to another minimum. Correct?

I'm also checking BlueMental's thread, it's quite long and interesting

Ignore anything BlueMental has to say, he is a raving lunatic. (English not being your language, so I say it easier - he is totally mad.)

I do not claim that I know the best , but yes the things I wrote above are the results of my studies on charts. I just use 1,618 stuff just when I am drinking tea and sitting on the sofa and watching TV Every trend is like an atom bomb explotion whi,ch starts from a certain [price+date] in the past. But it in some cyclic terms acts as magnets...lets say its like breathing , and what we (circle users) shud do is to check the previous HIGH s and LOWs in order to measure the excitedness of the pair. You know when we humans get excited or nervous or angry we start breathing fast , and the temoe changes. Yes...exactly the same way sometimes the price becomes too excited or too calm , and we are able to measure it by the use of circles... Here is one example :

They are taken from the first post in order to have an overall idea about the desire of the pair to be perfect or not to be perfect...The inner circle in each picture is 1 and the outsider circle is 1,618 , and I adjust each 1 circle on important LOWs and HIGHs in the trend coming down from the 1,45s .

http://img846.imageshack.us/img846/5272/harmony1.gif

http://img268.imageshack.us/img268/8735/harmony2.gif

And I will also show another pic where I use only 1 FiboArc , but draw many circles all over the chart starting from the same reference points with the same scale setting.And it gives me a clear picture of wat the price is trying to do...The scale of the circles which start from the bottom is 53.50 ; and the scale of the circles which start from the top is 40.00

http://img689.imageshack.us/img689/4915/harmon3.gif

Its another question whether the price fits the fibo ratios (perfect or not) , but for sure it has a sharp relationship between the turning points in the past. Think of the waves as if they are the arms or the legs or the orgasn of the body. And each wave shud be related to the other one...thats what we are doing with the circles...I hope it was more clear now...

Regards...

The second magnet is on progress ...

http://img20.imageshack.us/img20/2600/eurusdjo.gif

Good night to everyone..

According to astrological symbols, Neptune represents both madness and genius.
I hope you catch the right side

Good Morning ;

XAUUSD ... Gold has been respecting the circles with a strong strictness. The SELL order from 1693 reached its target at 1650 when I was sleeping , and now the price is again on the circular support where I was expecting it to form a double circular bottom. And Its a nice chance to BUY this pair and target 1700s again , and maybe more. I do not know when this bullish trend will happen , I expect a choppy market maybe for a week , maybe it will hapen today...Here I ll show you one chart which I posted almost a month ago showing the targets...

http://img571.imageshack.us/img571/4931/altn3.gif

As you can see in the picture There were two magnets which had the potential to be reached , and it seems that 1639 magnet is much stronger than the 1583 magnet. But honestly price needed tooooooo much momentum if it really wanted to reach 1583 magnet , so we can say that it was lazy It just prefered the closest magnet which had a long available period available. Anyway , I just wanted to show how useful the circles can be for detecting the potential future magnets which give us [Date + Price] data ... Here is the same picture showing you the recent image ...

http://img267.imageshack.us/img267/8159/altn4.gif

Apart from all above the price is on a strong circular support , and it will be stronger if the power of the pink circle is joined in the process. Time will show the future , but I play the possibilities . So the simple (not complex) picture for going LONG is here ... I drew another white circle in order to make it easier for you to see the recent scenario...

http://img28.imageshack.us/img28/1176/goldwy.gif

Hi,

Working with GANN pyramid as indicator, it seems difficult (i could be wrong) to pass through 1.3000.

Great problem for me is to try to forecast timing, even with Gann pyramid.

Good trading.

Hi,

Up to now, the lowest EU went to was 1.2996, and trading now at 1.3040. As said on last post, it seems that Pyramid Gann was correct, but 1.3000 was a psychological level too. But, it will be more valid if EU goes through 1.3106. There is a road to there, not so easy.

Gann seems to be wiser than me I was expecting 2978 today , and my pending BUY LIMIT orders are all located around those numbers...İts a shame that the price didnt go there

I am happy that ur trade goes on the right path .... enjoy the pips...

I think everybody can easily see the two yellow circles on which the price settled . The price touched the outer circle (1629) and bounced...its 1650 at the moment and the target is 1700s ...

Run Forexst Run !!!