This chart has SCALE LOCK on. You can move the whole chart up and down by holding the left mouse button and moving the chart. It can also be zoomed in on. Scale lock setting is a much better way to view a chart in my opinion. Autoscale really screws the picture up in this program.
Still coming down. Should be a pop shortly.
This chart was set up by using the...
The SPX is in a confluence zone where price seems to have trouble getting over. Price has run into its monthly channel that started in 1982. The last time price kissed its upper channel in 2000 price was rejected and it seems like price is being rejected again. Using the highs of 1987 as an anchor price is trading in another gann sq similar to 2000 and 2007 highs....
After using the Gann Fan and Gann Box, it showed that EURUSD can be on a reversal trend as it hit the 100% line and possibly heading towards the 0.75 and 0.618 line at which there could be a bounce off. Trailing stop to lock in profit as price reaches 0.75 line. Set stop loss a few points above the 100% line. If trend continues its bullishness, it will set a new...
Its interesting to note that the recent down move created a double square (1:2), or a root rectangle (shown mirrored to the left of the move). Also of interest is when you mirror it the left the side aligns with the small peak (shown orange dashed vertical line)
Cloning it down along the 1/2 Gann line it aligns with some of my entry and exit targets.
Again the...
UPDATE (23/08) -> Access to the updated chart of this idea : www.tradingview.com ( the image format : )
Short description :
(1) start of the push
(2) touch of 123 (red ring)
(3) fast drop+stabilisation at 117-119
(4) BIG push to 133-137
(5) fast drop+stabilisation at 126-129
Big's Strategie :
As predicted in my last idea, we faced (again) to a massive push...
Support above the cloud with confirmation in the fan, and at the historic $88 level. There could be significant resistance at $104, being the peak price of the current lunar cycle. The previous three peaks occurred on or just before full moon.
Going above $104 now (after full moon) would break the lunar correlation which has been consistent for 3 months. The...
A bit of an experiment. Just plotted some points I generated through geometrical analysis of the price action from July 07th 2013 till now.. (I arrived at the bottom figure of 53.5 through two slightly different ways) It looks pretty gloomy :) :(
I''m thinking the market may turn around August 8th. This came after a little research into Gann (who Ive only become...
Got stopped in my first attempt but I'm re-entering a short here. Hog are at historical price highs and from a seasonal point of view they are typically weak till late October. Hogs have reached resistance at 99.500-100.000. Price action over the last few days suggests that a reversal is in place. I expect a quick fall during the next 2-3days back to the 1/1 Gann...
1550 long term support tested on the 21 Feb is below us. Gold has reached my previous target 1615 and has now formed a nice four day consolidation above the 20MA. I would buy at breakout with target on the 2/1 Gann liine.
