finitemonk

finitemonk

... Haven't been very successful

finitemonk

I asked myself why there? Almost exactly where I had recently put the probable lower edge of the diamond formation. For those of you who follow my ramblings, I'm trying to perfect a theory, hard on a very enigmatic pair, but I liked this. The equidistance. And that red dotted line is a perfect negotiation between expressions of opposing force. Thought I would...

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Losing the most immediate remaining support overnight, dragged by the stock markets, a drop to 97.6 looks likely. Its out the bottom of at least one major channel. There is some evidence of a 'shadow' to the green line as shown which may hold it (for now)(that should show as a parallel). That green line is a very historic reoccurring 'theme' line. The problem I...

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I've adjusted some lines to what I think are the correct placements. Crossing or confluence of lines often gives ease of passage. If the pair is to go up as I think it now will, as the 'reaction effect' (these parallels are very good at turning price movements), it should I hope gain reentry to the minor fork as noted. If it fails the red median line it may drop...

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Closed short. The AUD trapped in its current 'prison' of two median lines, bounced off the top today. Expecting quite violent reversal.

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Drawing outline: most lines are expressions of the Upward & Downward Forces, apart from the red lines and their parallels which are a channel of the Prime Carrier, the essential wavelength or frequency, the Equilibrium, the state of balance it must always seek. The powerful little fork (yet of curious behaviour) is the last bastion of a very strong expression of...

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Being subject to the Newtonian Law of equals and opposites even if the pair doesn't fulfil the exact symmetry (it would be lovely if it does) I think the point at which it touches the reaction line should trigger a very sharp rise. Its counterpart stopped one, took it away, therefore it should give it back. However should it break the channel, I think a very steep...

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Short term charts I'm looking at have got the jitters ... nervous. Anyway focussing here in close enough, a multiplicity of possible forks. Complicated. I like the fan effect. Steep little number scooped it up & held up overnight. If it is going to fail it's probably at the criss cross on the 1.00am candle (Nikkei mini crash). Confluence of lines can provide...

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There is an equal and opposite ... Naturally that is the law.

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As a update to earlier chart, a new fork is in formation. And without a shadow of doubt the baseline is precisely defined, as resistance, now having crossed the ML into the lower portion as support. It is not yet absolutely certain but given the behaviour of the upper projected line backward the best contender currently for point C is as shown @ 98.38 (A note of...

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Just a quickie (apologies for all the lines, most are irrelevant to this) - in reference to my earlier chart today - TILTS - I might have my required further upward tilt. This is an experiment to see if I can achieve something I've never managed to do: predict on the hints the formation of new fork & required drop. These hints always appear beforehand, the blue...

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3 Major Median Lines, one minor active fork (holding, not shown, but the Action/Reaction are the 0.75 //) Insufficient experience but this is what I see for potential: The action line is the support. The reaction is where the pair wants to be, doubled by the 'reflective' of 1) & 2) (these lines can be extended along their own parallel) The other observation is...

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This applies mainly to forex pairs and commodities. Stocks it's going to be hard on the low volumes, I think. I haven't tried this.Not the easiest to find on this pair, but I've concluded there are three. One clear characteristic of this pair is that lines which mark pivot points can easily become Median Lines. There seem to be two more active and a much steeper...

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If my reading of the WTI Crude Light chart is correct, Crude is to reverse rise. This is supported by the large gap in this chart, not been this wide since Aug/Sep 2011 Precious metals esp. Gold continuing to step up to the close. Mixed bag for the Dollar. (Great to compare they seem to use the same channel lines, I only put those in for Gold)

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So, I wanted to test my theory on another pair. I can't find any Prime Carrier/ Overall Channel though the upward rising fork might be a good contender. It's hard to tell because the AUD is a commodity currency and so extremely volatile. However this may help anyone who trades it. Here are the two opposing force lines/forks. It fell out the upper lines, clearly....

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Please see CHART I for intro. An important point - at this viewpoint or range the lines of the Raise (upward force) and Inhibition (downward force) forks appear to be only slightly angled off horizontal. If you pull away they rapidly become much steeper. The Prime Carrier lines or Equilibrium Wave lines (I'm not sure about these terms but they'll do for now) will...

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This is something I'm developing off the back of observation, instinct and the collation of Median Line Analysis, which itself is simply an extension of Linear Regression which Alan H. Andrews used to great effect, amassing a fortune from applying it. Andrews Pitchforks, as used today combine the principle of regression to the Median Line with Fibonacci...

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The dynamic I see here is the pair is trying to fulfil its obligation to return the Median Line (Red), though the Euro weakened significantly by support drop on the 09th and so is being easily being knocked down repeatedly by the 0.382 of a mSchiff, or a line very parallel to it (this secondary 'strength' line in blue - look at the rise break on the 7th June, the...