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Discretionary Trader Speculating in FX and Commodity Futures.
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Constellation 1976
  • EUR/USD Trend moves & Range - last 30 years 0 comments
    Oct 28, 2009 06:08 AM | about stocks: EU, EUO
     

    An incisive analytical work in the last 30 years of EUR/USD trends and ranges clearly shows and interesting relationship between Time & Price. I have been poking in W.D. GANN works and the Up & Down cycles in Fibonacci numbers 3, 5, 8 are an interesting coincidence.
     
    I can't claim infallibility of the cycle indication I have developed in this chart but the trend moves are quite clear and the rhythm of movement is obviously in accordance to the observations mentioned in Gann's Time& Price relationship.
    Stocks: EU, EUO
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