Cycle theory is the core of Gann theory. Where the annual cycle is relatively well understood, it is important to form the top or bottom of the date, could re-emerge in the future. I think Gann’s cycle theory is entirely suited to the foreign exchange market.
You have a closer look at the trend of EUR & USD chart, you will find some important top or bottom only in the vicinity of that particular month.
As I predicted the same, EUR & USD on February 28 to March 4 bottomed and began to rebound in between, then the rally will last for how long?
Short-cycle can not be accurately forecast. But it is about analysis.
July 5, 2008 to April 15, 2010 run for 21 months
March 4, 2009 to April 5, 2010 run 13 months
November 25, 2009 to April 25, 2010 run 4 months
From the above cycle can be seen in April will be the trend of turning point in time. continue reading…
Good health is essential to success in any line. It is one of the great assets for success in the speculative market.
At least twice a year a man should close up all of his trades, get entirely out of the market, and go away for a vacation or stay away from the market and rest up. Let your mind rest and your judgment get clear.
Gann said that time is the most important. And time and price can be interchangeable.
Gann percentile line is that the price percentile line, use Gann percentile line can be found in the price support level and pressure spaces. The foreign exchange market, according to my study found that period of time can also make eight equal parts.
By the deepening of the euro-zone debt crisis, the euro earlier this week, reproduction declines. With the euro-zone debt problems have become increasingly prominent, the euro fell sharply against the dollar, has also gone on the market about the disintegration of the euro’s voice. But I think the euro will not be because of the collapse of this round of debt problems. Because the EU right to maintain a unified commitment to the euro area in its recent years a series of public statements has been further confirmed. Obviously, this is the birth of the euro has faced the most difficult moments, when Greece out of the euro zone, the euro zone will suffer major setbacks the integration process. At the same time, the euro’s international influence and status of world currency also suffered decline. While the medium term, other European member states, especially Spain, the debt problem will be further impact on the evolution of the euro against the U.S. dollar exchange rate.
I EUR & USD on February 28 to March 4 will produce a short-term bounce between the forecast is based on my many years of foreign exchange trading experience and years of continuous learning.
So why EUR & USD will be at this point in time generate support and rebound? My previous articles in the blog is mainly used percentile-ray analysis of foreign exchange line and the point of view of future trends. If you want to determine what time trend reversal, then you want to use WDGann the cycle theory. Time-cycle analysis to predict foreign exchange, futures, etc. The most important way of future trends. Less than the trend will not change.
I will also write articles to tell my friends how I use WDGann cycle theory predicts the future trends in foreign exchange.
Quotes of the right to determine the trend patterns have a good supporting role, as we are familiar with head and shoulders, double top, head and shoulders bottom, double bottom and so on. But sometimes the trend is not so standard, then how to judge it?
Gann patterns of movements has its own rules. Gann’s rule is very simple, as long as the price of a top than a top higher than a high end one. Be able to judge in the bull market. Rule is in turn a bear market.
Gann think the biggest discovery is that Gann percentile lines, Gann percentile lines are two kinds: The first is trichotomy, the second is eight law. Gann method originally used seven points but in the end gave up.
Gann percentile line in the stock market, futures, foreign exchange Quotes accuracy of the analysis of a very high rate. Quotes Let’s take a look at the following two charts. continue reading…
We to use EUR & USD monthly chart as an example:
There are two ways Gann percentages?One approach is to eight law Another approach is to Trichotomy. In the EUR & USD monthly chart of eight more accurate method.
I have engaged in foreign exchange transactions for many years, I am willing to trade for many years of experience to share with friends. And the free share of.
We use the EUR & USD monthly chart examples:
1. First of all, we look at from the point A of the 1X2 and 1X1 angle line. 1X1 point line has always been to suppress EUR & USD trend, by July, 2002 was a breakthrough. The 1X2 angle line and the beginning of the 1X1 from the C point of intersection in F point?And to play a supporting role on the exchange rate.