Timing The Markets

[adityasaraf007]

RECLTD 60min Update:

We had a new Swing Low.... So, TTM is discarded on this one for time being.... Charts would be posted once we have a proper Swing Low....

 

[timepass]

RECLTD 60min Update:

We had a new Swing Low.... So, TTM is discarded on this one for time being.... Charts would be posted once we have a proper Swing Low....

आदित्या !! मैं तुझे ही ढूँढ रहा था भाई.

See, here's USD/EUR 30 min chart. Is there any scope for drawing a TTM ??

 

[adityasaraf007]

EURUSD 15min:

Hi TP,
I scoped down to 15min..... This is looking okay to me....

 

[timepass]

EURUSD 15min:

Hi TP,
I scoped down to 15min..... This is looking okay to me....

Oh oh.. I reached the same point, using a different logic though. 1.3135 being 38.2% retracement of the swing 1.3048 to 1.3187. Since it would be in the cloud at 1.3135, it could go further down and come out on the other side, at 61.8% retracement i.e. 1.3105.

Don't mind but I wonder if the 15-20 bars that you used for Timing are adequate for a prediction. Is it possible to consider a bigger picture ??

 

[adityasaraf007]

Hi Aditya,

Your TTM on smaller TF (5min.) backfires because you look for big Swings....to draw the projections....!!!

SG

Oh oh.. I reached the same point, using a different logic though. 1.3135 being 38.2% retracement of the swing 1.3048 to 1.3187. Since it would be in the cloud at 1.3135, it could go further down and come out on the other side, at 61.8% retracement i.e. 1.3105.

Don't mind but I wonder if the 15-20 bars that you used for Timing are adequate for a prediction. Is it possible to consider a bigger picture ??

Looks like you missed SG Sir's post quoted above.... It is for this post that now I am looking for a little smaller swing for drawing these projections...

 

[adityasaraf007]

Crude - Daily:

PS: Would update that EURUSD... a bit later...

 

[SavantGarde]

EUR/USD 15 Min.

SG

 

[timepass]

EUR/USD 15 Min.
SG

SG, in last 30 minutes this pair has moved up like there's no tomorrow.. Good for me though, the more the dollar index falls, the better (I shorted USD/INR @50.3387 today ).

Did you look at any other factors while drawing your lines ??

 

[adityasaraf007]

RELINFRA 5min:

 

[adityasaraf007]

RELINFRA 5min Update:

Was working well.... Went upto 570 and then reversed.... Maybe the Swing High taken by me for Projection was incorrect.... Any views....