Hello traders,
I mostly trade the 20 day FLD (Future line of demarcation) and the target generated from the 20 Day FLD has been met for the 40 day peak. However while considering the 40 day FLD, the peak target is 0.90730 and the high of today as of now is 0.90103, so maybe there can be a little push up before we go down to the trough.
Today is the 34th day in...
Hello Traders,
Dont pay much attention to the all them messing lines Ive drawing on the chart, they are scribbled on a shorter time frame.
TROUGH ANALYSIS
As I trade the 80 day cycle, targets are generated using the 20 Day FLD, Price is currently below the 20 Day FLD. Todays Median Price of this FLD
is 15.51 taking the Pivot point of the low of the 40 day...
40 Day trough targets were met yesterday, 21st April so most likely the low of yesterday will be the trough of the 40 Day. Now lets look at the peak coming ahead of us. I usually trade the 80 day cycle, so now we are in the second half of the 80 day cycle.
TARGETS
As I trade the 80 day cycle therefore I look at the 20 Day FLD(Future Line of Demarcation) for...
Hello Traders,
As I mentioned in my last post, I like to trade a shorter nominal model for this pair as against the standard hurst model.
Having met both the peak targets it's now time for price to come to the 12 Day trough of the nominal 48 day cycle(my primary trade cycle)
These targets are dynamic and change everyday (as I trade EOD), with the change in the...
The Target for the 40 Day peak has been met at 1.26065 and I am currently in my last long position with a trailing stop from the bounce out of the 20 day trough marked on 07th April, the start of the cycle being on 20th of March.
As of today we are 26 days into the cycle and should start descending into the 40 day trough anytime now.
The 20 Day Future Line of...
Hello Traders,
For USD/CAD I track two nominal models based on troughs, one being the standard Hurst nominal model and another a shorter Nominal model which also works well with this pair.
Note: these targets change daily ( as I trade EOD) based on the position of FLD, I will try to update them as we go along. Also these targets are based on my brokers data...
(TROUGH BASED ANALYSIS)
We can see a rising wedge in price action as well as the RSI, pointing to the 40 day peak being established and we should now be moving towards the 40 Day trough. Today we are 28 days into the cycle which makes the 40 Day trough imminent.
20 day FLD has a median price of 1631.24(Cross point) for 14.04.2020, if the pivot Point is todays...
