Gann Square
GBPUSD Scalp Trade. not trusting this move just yet!GBPUSD took a quick scalp on pound short @ 1.3130 / C @ 1.3070......
Gann Analysis
GBPUSD Gann Price & Time AnalysisGBPUSD doing some cycle work calculation and this is a forecast if pound continues to the downside....
I give it a 2 day window either 9-1 or 9-2 and price levels....
These are using MM techniques... but there are other calculation that show it could trend higher....
so its harder to forecast with just 1 reversal bar on 8-26....
PA kissed the 50sma (Res) and has (Sup) 20sma below.... so really it has not done any damage to the upside or the downside.... if you know what I mean
Keep in mind I don't rule out it could be the beginning of swing trade to the downside.....
as for now I'm Neutral waiting too see how PA will act next week.
Gann Analysis
EURCHF potential Gann Square formationThere is a potential Gann square formation present. EURCHF has touched the archs of the Gann Square five times already.
GER30 trade map
We are at important point, if price closes below Gann arc then demand zone below price will become important zone to trade on daily chart.
We have formed the higher high and higher low in recent past, but we are not out of down trend.
One can use the chart and the levels to trade, every Gann line and arc can work as support or resistance.
UJ weekly Quadruple Confirmation LOLUJ with 38.2 fib, gann square, gann fann and pitch fork all showing possible support at this level.
Bank Nifty analysis for coming weeks
Shared chart is the road map for bank nifty movement for next few weeks. we have supply zone at 17859 to 18000
127% of Fibonacci level is also clubbing with supply zone.
All green lines are Gann square lines derived from different numbers, price is responding to these line nicely.
One can use these lines for stops or targets. Red and Green zones are supply and demand zones respectively.
CL1! trading Map
Every line on the chart represents support or resistance.
Vertical lines are time lines where trend may change.
One can use this chart as trading map for next few months. This Gann square-3.00% chart can be used in standalone way or with other trading strategies like. Candle stick patterns, demand supply zones, Momentum indicators, Fibonacci ratios, trend channels or any other way of your own. This chart can be considered as trade conformation chart.
With all kind of tools and charts we are trying to analyse where trend will change, with this or with my any other chart my intention is not to judge top or bottom. With all the tools we will always try to find possible entry exit and stops only.
It is helpful in deciding entry exit and stops.
Nifty Gann trading map
Every line on the chart represents support or resistance.
Vertical lines are time lines where trend may change.
One can use this chart as trading map for next few months. This Gann square chart can be used in standalone way or with other trading strategies like. Candle stick patterns, demand supply zones, Momentum indicators, Fibonacci ratios, trend channels or any other way of your own. This chart can be considered as trade conformation chart.
With all kind of tools and charts we are trying to analyse where trend will change, with this or with my any other chart my intention is not to judge top or bottom. With all the tools we will always try to find possible entry exit and stops only.
It is helpful in deciding entry exit and stops.
Markets are not chaos.There is order. Squared . Gann angles . I study Market Traders Institute . Trade Empowered on Youtube . I am technical trader . Did alot of research on the internet and Youtube . This Gann box will prove that prices do not move chaotic . I squared date 1/5/2016 low . Squared high 2/11/2016 . Just like nature , a snow flake has a pattern . Then we are also in a pattern or cycle . I drove 18 wheelers for 17 years . Did you know vehicle accident rates have a cycle also . They peak two times per year . The first between December , January . The second between June and july . Lets see what have happens thru the square . God Bless
Gann SquareXABCD was established inside Gann. Price Bar exited D and outside Gann. Also below ICH cloud
EURUSD trading levels.
Trading levels mentioned on the chart, Short trade form previous analysis is on. Price not able to close above stop tried to break 2 to 4 times.
Levels are the same for this week also. use gann square for future guidance.
Gann square of weekly DXYThis may be new to many traders who do not know how to use a Gann square. Those who use the tool will recognize the significance of this chart immediately.
The long term weekly (72 bar) bear setup shows price is now heading straight up to the top of the 1st square. There it will surely find formidable resistance. This alone would suggest that the dollar is just a couple weeks from making a long term top.
But, I then did a bull setup (smaller square, starting in 2011). I have removed all the arcs and lines except the 1st arc, and the 5th arc, to make it easier to see the main point. The bull setup show the price is just weeks away from hitting the 5th arc, at almost exactly the same time price hits the top of the square on the long term chart. The 5th arc is formidable.
Taken together, I can say with a very high degree of confidence, that the dollar will make an exceptionally significant, long term top sometime between Thanksgiving and Christmas.
Happy trading...
Long trade in usdjpy beckonsLONGER TERM
There are a number of fibo reasons to expect 12/12 to be an important date in usdjpy. The Gann Sq setup I have been watching suggests that a top ~ 118 on that date makes sense.
I note that a rise to 118 by 12/12 would have a number of harmonics. Price rise since the June low would be ~ 29^3 (29 is a lucas number). Also the number of bars on the 240 chart would be ~ an even multiple of 29 (29*80)
So I am postulating that remaining long until ~ 12/12 will, perhaps, be a good strategy...
shorter term
there are reasons to think that THIS is also a fibo moment in usdjpy, which 'might' be a momentary break DOWNWARDS. caveat emptor...
APPL SHORTMy projection for the next major Low is 87.95
Here I've found an interesting cluster of Prime numbers related to Gann times.
Left plot showing the "ARS Envelope" and the Gann Square. Blue vertical line is a Gann time projection. The right plot the primes and the ARS Envelope again.
Also visible on both charts is the "ARS Gann Line" beta indicator.
The heavy aqua line is the seed for the Gann calculations.
Gann lines = Pow((sqrt(seedVal)+angle/180),2)
Uses 45degree intervals from 0-360 to plot each horizontal line.
Visible on the left plot are
1. seedVal 102.78
2. yellow dashed horizontal line is 45deg plot
3. red dashed horizontal line is 90deg plot
It uses 9 lines total
More details available.
If you like Gann this is an interesting tool.
SR
SPX ObservationsThe 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. Also fibbing from the 1987 lows to 2000 highs, price is hitting its -0.236 & -0.272 resistance zone. The 61.8 fib fan is also acting as resistance as did the -0.113 acted as support at the 2009 lows. In order for price to go higher, it will have to get enough momentum to clearly break this zone. With Summer just around the corner, the momentum might not be there. I Would not be surprised if the 2000 and 2007 highs resistance (1550/30) was tested as support on a good correction.
