finitemonk

finitemonk

Hopefully you can see what I've done. I took the three repeating lines out of my Repetitive Behaviour chart The fork lines, 0.618 etc, (Median Line Analysis) encompassing all price movement back to 2001/2, to a 'goodness of fit'. This is scaled down off the weekly, so well tested. When I drew all this it made me smile a bit, I was like, so which triangle? My main...

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On the 1.00 am candle JPY Monetary Base (YoY) due out @ 23.50

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All self explanatory I hope

finitemonk

(For explanation: I hold the opinion all of this elevated triangle structure is very suggestive in behaviour, and good in the detail, is still in a fork formed back in 2008/09 - the pink lines are re-creation of that fork and parallels I've selected for their relevance, (also testing something along the lines of critical values & PPMCCs) Didn't really see this...

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I just did this cuz it's pretty ... ;) hehe Fractal = Broken How trend / repeating lines merge, cross & twist harmonically and then break or give way to others. Like a syncopated cartwheel, rhythm ... wave. (The end grid is formed by two opposing forks running simultaneously, hence the emerging triangle structure. The band of (pink) lines 0.958 - 1.057 : IMO...

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A further update/adjustment to my earlier fork, moving point C down to fit: Tracking price movements to the fork: As it enters fork - 13.00 / 08-23 goes up, taps the upper 0.382, progress 26th - 28th, price movements accord to the ML, drops off downward, hesitates over the lower 0.382, then drops through the lower 0.618 at approx. crossover of the Up Trend Lower...

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This is an experimental idea in prediction, for the lack of anything else esp. leaping out at me. I think it's 1.30 UTC/GMT today the quarterly US GDP figure is announced: forecast is 1.7%. Critical factor to the markets: is that figure met, over or under? Bit of market overshoot aside as this pair the most heavily traded I'm interested this morning as to how the...

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This is a recreation of a fork dating back to 2008/09. The price reversal at the top was a 1.382 action/reaction from the 'doldrum' lows and there are strong indications within the triangle structure it is in truth behaving along the forks parallels. I have left in some of my fractal geometrics & behavioural lines so it might look a bit messy but I hope this...

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When analysing the USDJPY this positive correlation cannot be ignored. Sometimes it is very precise, sometimes not quite so much, but it is there. The causality would appear to be that the Nikkei determines where this pair goes, although it may be simply symbiotic. And though the Nikkei has a certain independence, stock markets are globalised. An overlay of the...

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... Neverland? I understand my attempts at delineation to determine what MIGHT happen have given it some additional visual weight, but well, it's just a viewpoint. Of money, mountains and thin air ... The levitated quality is not without its amusement. As to what is above or below (much attention being given to the latter of late, typically "not much"( I tend to...

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An area of complex dynamics ... A struggling pennant maybe? Where many I should think, think it should go up ... With this methodology I use, learned & develop ... Sometimes you can read a lot from a little. Will the obvious fork work? Don't think so. Adding in a few 'musical' lines which it repeatedly taps, it just missed one, on todays 13.00 candle, in this case...

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Just a visual observation: isn't that quite a weight for one candle? The lines, joining candlewick price points ... Looking at the angles one can 'type' behaviour. It's gotten rather steep. I think it good practice to observe forex markets in tandem with others, say precious metals, crude, key indices etc. Crude and silver are both up again & gold is currently...

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And improved. (One should always refine things, I think). With no adjustment other than the little fork slightly, all the remainder in place from a previous chart. Nots: it has left the 18 month long Downtrend Fork Upper/Outer Line, very nicely continuing overnight, (currently some resistance on the ML of the larger blue Uptrend or at least waiting for a further...

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To succeed or not ... Third time lucky? So far so good. If this small, odd yet surprisingly robust little fork holds up it will take the Euro entirely out of a major 18 month downtrend fork, upper line as shown, a cyclical break. It's popped out once, tapped it back in June but has never 'climbed' out like this on any kind of structure. Even if it fails at...

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As every currency pair has its own characteristic behaviour, so it is held by some that every pair has an essential wavelength or signature line on which carries the day to day 'noise'. I think this is the essential wavelength of the USDJPY. For obvious reasons I term it the Prime Carrier.

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For a closer look. If under the strain of tumbling globalised stock markets, unwinding carry trades etc... Technically it has to cross the Median Line (dark grey), break the lower dark blue channel line, flip what I think is a 'Root Note' Line (dark green) ... Sooner or later ending up at around 95.2 ish on a lower expression of the Prime Carrier (or below) The...

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Please note: this is currently a test only (if the lines publish correctly I'll add text later) Good! Text later ... :) Ooops, just noticed I forgot to label one important line ... In the meantime ... Short away but watch for 'bounce' off the root note 'shadow' (light green) or the Prime Carrier line (purple). They both have a lot of 'ping power'. Both up and down.

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Following rules of Action/Reaction, the DXY was behaving according to the green long term channel lines. However it has made a workable fork running exactly parallel to other long term channels (red). It would appear to have turned these last three weeks into its behaviour mode off its big drop on the 10th July. So extrapolating equidistances off the Median Line...