Circular Trendlines 2,848 replies
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http://img820.imageshack.us/img820/5121/gbpusdk.gif
(EDIT : The price needs to break the ascending trendline in order to reach the magnets , otherwise it will just bounce and move to higher targets.I forgot to draw the ascending trendline at first , thats why I edit the post now. And also that trendline doesnt exist in the template file , you shud draw it manually)
Now let's check if the pair is perfect or not ? The ratio of perfectness is 1,618 , so I just wanted to try FiboArcs with only 1 and 1,618. There are different FiboArcs in the picture below (with different colours) , and as you can see 1,618 of every drawn FiboArc matches some important HIGH or LOW in the past , which makes them potential supports or resistences in the future too ... Here is the picture :
http://img9.imageshack.us/img9/9286/1618e.gif
As a conclusion , like every other air GBPUSD also is dominated by a geometric king which also respects the same ratio : 1,618 . Isnt it interesting ? But here comes the plurality of the potential targets , or potential turning points. Wat is the solution ? The answer for that question is the balance point of trading. Money menagement and PA (candle formations) will be the completory step in ur analysis
Disliked...1.65200 Up or 1.55865 down.
If the price breaks and bounces down off the '45°' Line, she is going South To selym_co's area. If she tests and fails to break below, Up she goes.
I reckon that up is here destination. See the other Picture 'prediction' of mine for EurUsd. EurUsd and GbpUsd are linked pairs. One goes up then so does the other. The EurUsd prediction was done with other tools. But the fact that the down 'test' is so close to the Fibarc, puts it at THE perfect launch point for going north.
<edit> I forgot to state. The FibArc is set...Ignored
DislikedGann 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...Ignored
DislikedHi Bluemental ,
But honestly I was amazed that you obtained 1,2996 in the end of ur calculations. There is still a secret interrupter in my mind asking "How can it happen?Ignored
DislikedI was exactly trying to find the real %45 angle and testing it in the other pairs...Ignored
DislikedHonestly this pair scares me a lot , Its difficult to understand its explosive trends.Ignored
DislikedHi,
Blue mental, seeing your analysis on SQ9 for prices and forecasting resistances and support, can you do the same for timing or it is valid only for prices?
Thanks.Ignored
http://img5.imageshack.us/img5/6840/altn1.gif
Later I just pick the Andrews Pitchfork tool , and draw a picthfork with the three reference points.
When we draw such a pitchfork ; the median line (in the middle - marked with a pink trendline) is the real 45 degree angle which really dominated the price . And also I did the same with the other circles and obtained some other paralell lines (still 45 degree) about which ı am not sure But at least we obtained the real 45 which was an important angle for GANN ...
http://img24.imageshack.us/img24/9296/altn2t.gif
QuoteDislikedEDIT : After BlueMental's suggestion , I added two more angles on the chart , and here is the result ...
http://img84.imageshack.us/img84/6332/fancircle.gif
It is still not the turning point of nirvana , but it makes me happy to see the affectiveness of the angles in this market behaviour. The symmetry and harmony never ends...
DislikedHi Alki.
The explanation of the Square of 9 is far from complete. Not only that, my knowledge of it is also far from complete. I do not yet know how Don Hall calculated what degree of the time cycle the price is currently in. Based on 1000's of example pictures of trades he has entered (not just shown drawings on chart), his method works.
If you wish to find out what it is, read the Pyrapoint PDF. I do not follow easily what Don describes. Maybe you will do better. I prefer the Gunner24 method since the Time Lines are directly related to the...Ignored
DislikedLater I just pick the Andrews Pitchfork tool , and draw a picthfork with the three reference points.Ignored
DislikedMastering time is the most difficult and get frustrated, angry, nervous, huge times.Ignored
DislikedWhen will it reach the destination? Who cares when. As long as it is on it's way there, all is good. If it is turning around in any unusual way that I do not understand, I'm out of there.Ignored
DislikedIt is not a matter of when to reach destination, it is a matter when the real move will begin. This is the real question. I faced this problem many and many times. With this, i was waiting, waiting and waiting up to 8 and even 10 days, not trading because of whole risk MM strategy and with that paying rollover everyday because i do not know when start the move. Add to this, a complete strategy has to be confirmed by price and time, not only pattern of price. Of course, this is my point of view and every trader choose whatever he wants and what ever...Ignored