DislikedDXY already hit 52 week low today , I think it will get some support and starting going upwardsIgnored
Long term view here
Not saying it will happen, but "IF" price gets to the RED Horizontal line @ $3000
It PERFECTLY BALANCES out the TEAL coloured line @ $1062
Here's the MATHS:
"44.7 is the INVERSE of 2.236 which is related to the 4th Dimension, which is 2 adjacent SQUARES (If you measure the DIAGONAL of a solid, you always get the square root etc - so we have a triangle hypotenuse is a line 1 dimensional, square 2 dimensional 1.4142, Cube 3 dimensional 1.732 and 2 adjacent squares 4th dimensional 2.236 sq root of 5 etc (you can get 1.618 from the sq root 5 = sqrt5(2.236)+1 = 3.236/2 = 1.618) and therefore the sq rt5 is deeply rooted in the growth spiral that fib forms"
From a TIME perspective, we have timing @ 2.236 (sq rt5) right at that level which can be seen by the gann 1 x 1 angle - from the 2015 low
so we have a major low turning point on a key mathematical ratio % FALL, we have a 1 x 1 gann angle calculated from the 2011 decline to the 2015 low which intersects $3000 EXACTLY at a price and time level of the square root 5 (2.236) which also happens just to be the ratio that 44.7 is the Inverse of!
There's a lot of coincidences here - If price works out to that Gann angle, It could be game over for Golds advance for a while thereafter
PS - The TIMING, works into stock market timing - we are in a very very tricky time period for stocks, its not the end of the world, but the up trend [stock market] should stall and that should have started last month (hence the correction in the stock markets) - the next few years should be volatile, sideways, possibly down, which should cause GOLD to stutter, which fits in with the timing in the WEEKLY GOLD chart
Anyway, just something to consider and watch - I might be completely wrong, but when the "maths" comes together like this, I sit up and watch
I'm now off for a well earned break and rest from the screen
Keep those profits rolling in
PPS - I only know high school maths, I'm not some engineer or mathematician - this is my maths limit, no complicated technical questions! As I'd need to refer you to my friend Mr Google for those answers
Not saying it will happen, but "IF" price gets to the RED Horizontal line @ $3000
It PERFECTLY BALANCES out the TEAL coloured line @ $1062
Here's the MATHS:
"44.7 is the INVERSE of 2.236 which is related to the 4th Dimension, which is 2 adjacent SQUARES (If you measure the DIAGONAL of a solid, you always get the square root etc - so we have a triangle hypotenuse is a line 1 dimensional, square 2 dimensional 1.4142, Cube 3 dimensional 1.732 and 2 adjacent squares 4th dimensional 2.236 sq root of 5 etc (you can get 1.618 from the sq root 5 = sqrt5(2.236)+1 = 3.236/2 = 1.618) and therefore the sq rt5 is deeply rooted in the growth spiral that fib forms"
From a TIME perspective, we have timing @ 2.236 (sq rt5) right at that level which can be seen by the gann 1 x 1 angle - from the 2015 low
so we have a major low turning point on a key mathematical ratio % FALL, we have a 1 x 1 gann angle calculated from the 2011 decline to the 2015 low which intersects $3000 EXACTLY at a price and time level of the square root 5 (2.236) which also happens just to be the ratio that 44.7 is the Inverse of!
There's a lot of coincidences here - If price works out to that Gann angle, It could be game over for Golds advance for a while thereafter
PS - The TIMING, works into stock market timing - we are in a very very tricky time period for stocks, its not the end of the world, but the up trend [stock market] should stall and that should have started last month (hence the correction in the stock markets) - the next few years should be volatile, sideways, possibly down, which should cause GOLD to stutter, which fits in with the timing in the WEEKLY GOLD chart
Anyway, just something to consider and watch - I might be completely wrong, but when the "maths" comes together like this, I sit up and watch
I'm now off for a well earned break and rest from the screen
Keep those profits rolling in
PPS - I only know high school maths, I'm not some engineer or mathematician - this is my maths limit, no complicated technical questions! As I'd need to refer you to my friend Mr Google for those answers
- #39,803
- Edited 7:54am Aug 24, 2024 7:03am | Edited 7:54am
- | Membership Revoked | Joined Feb 2022 | 2,509 Posts
Don’t focus on making $$$, focus on protecting what you have.
- #39,804
- Aug 24, 2024 4:44pm Aug 24, 2024 4:44pm
- Joined Apr 2015 | Status: Trader | 1,067 Posts
it always start with a software and they think they found the holy grail :/
and from the way they use the software you'll have the impression that they have NO idea about the basic rules.
why would anyone stay married for years to a software they can't use, and always in doubt ?
GANN used simple math of add/subtract, but modern era idiots want to make it E=mc² :/
on the other hand, if you really know the basic rules, you can apply any method of GANN using simple tools in 5 minutes
the results will confirm if you applied the method correctly or not, that what make GANN unique.
and from the way they use the software you'll have the impression that they have NO idea about the basic rules.
why would anyone stay married for years to a software they can't use, and always in doubt ?
GANN used simple math of add/subtract, but modern era idiots want to make it E=mc² :/
on the other hand, if you really know the basic rules, you can apply any method of GANN using simple tools in 5 minutes
the results will confirm if you applied the method correctly or not, that what make GANN unique.
"the public is not yet ready for it" W.D. GANN
- #39,806
- Aug 25, 2024 8:00am Aug 25, 2024 8:00am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
More time in the market, does not mean you trade better!
- #39,807
- Aug 25, 2024 8:03am Aug 25, 2024 8:03am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
More time in the market, does not mean you trade better!
- #39,808
- Aug 25, 2024 8:20am Aug 25, 2024 8:20am
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} Daily wave 3 end before 100% of wave 1 daily, so wave 5 is expected to be an extension, 162% of 0-3. Dont have the chart with rn tho.
People don't plan to lose. They lose because they don't plan.
- #39,809
- Aug 25, 2024 11:58am Aug 25, 2024 11:58am
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} have you your Gold chart updated? When yes please share
As requested.
I track the market every day and keep updated my chart on my broker price feed, particularly the lower timeframe counting, but very busy, dont have much time to constantly update the one in trading view that i used to post here. Only when my counting is completely wrong, i'll re count on trading view, since trading view is much easy to use for chart analysis.
Daily Tf
Some free education that may helps many here,
The Breakout Retest setup is simple yet powerful.
Breakout + Retest Or Resistance flip to Support, Immediate retest vs Eventual retest setup
30mins
{quote} If 2470 is met first, i buy
To address this problem, since you are able to perceive the price movement(the correction), it means your system is talking to you, you open another account, to take mean reversion trades setup. A cent made is the reward for all the sacrifices we've made to come this long.
Trade safe guys. Not a sure thing, just an edge.
More time in the market, does not mean you trade better!
- #39,810
- Edited 12:30pm Aug 25, 2024 12:14pm | Edited 12:30pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
{quote} have you your Gold chart updated? When yes please share
The first push down was aggressive, and produce a MSS in structure while also a Breakout retest setup for continuation to the upside.
IDK which fundamental will drive the fall, liquidity (QT/QE) suggest asset price continue to go up.
It was a clean rejection pre-PMIs (using the event driven liquidity).
Price may attack the 2hr FVG inversion, my system now dont allow me to go long.
More time in the market, does not mean you trade better!
- #39,812
- Aug 25, 2024 12:56pm Aug 25, 2024 12:56pm
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} You took the US500 trade? The first push down was aggressive, and produce a MSS in structure while also a Breakout retest setup for continuation to the upside.
People don't plan to lose. They lose because they don't plan.
- #39,813
- Aug 25, 2024 12:57pm Aug 25, 2024 12:57pm
- Joined May 2021 | Status: Trader | 7,225 Posts
People don't plan to lose. They lose because they don't plan.
- #39,815
- Edited 2:57pm Aug 25, 2024 2:45pm | Edited 2:57pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #39,818
- Aug 25, 2024 7:53pm Aug 25, 2024 7:53pm
- Joined Aug 2021 | Status: Trader | 2,503 Posts
{quote}take profit again and short again
{image}
stop-out for my last 2*short and reverse to long on the last friday --- for the next I will buy only above myDynamic MA after pull-back that's if there is.
good morning from 
@everyone 
https://breakpullback.com