Predicting future FX support and resistance levels using mathematics

[gka]

EURUSD results 3rd January 2019

Here are the results for EURUSD using the VRM levels for 24 hours ending 5 pm 3rd January New York time.

Weekly VRM levels in the top 1 hour chart over 2 days, daily VRM levels in the bottom 1 hour chart. Times are GMT-4 . EMA channel (4,7) included.

Key events during the 24 hours.

Large volatility in the 18:00 hour 2 Jan. (GMT-4) which took the EURUSD down to its low at weekly level 1.1311, daily level 1.1310. These daily and weekly levels agree within 1 basis point using completely different data sets to calculate them.

Rally at 20:00 (GMT-4) up to the middle of the long term trend channel at 1.1376 (blue line).

Then back down to the daily sentiment level at 1.1338 before a final rally to the high of the day at daily level 1.1411.

Lots of gaps to trade between

 

[gka]

GBPUSD, EURGBP & EURUSD results 4th January 2019 - US Nonfarm Payrolls (Dec)

Here are the results for GBPUSD, EURGBP & EURUSD using the VRM levels for today - US Nonfarm Payrolls.

Weekly VRM levels in the top 10 minute charts, daily VRM levels in the bottom 10 minute charts. Times are GMT-4 . EMA channel (4,7) included.

Key resistance level for EURUSD today was the middle of the short term trend channel at 1.1415 (blue line). On announcement of the NFP 9:30 (GMT-4) EURUSD fell to its low at weekly level 1.1347. This level also featured in the price action yesterday on 3rd January. From there it rallied back to level 1.1415

Meanwhile GBPUSD fell to its daily sentiment level 1.2622 before its rally to daily level 1.2729.

Meanwhile EURGBP fell to its low at weekly level 0.8942

 

[gka]

GBPUSD, EURGBP & EURUSD results 8th January 2019

Here are the results for GBPUSD, EURGBP & EURUSD using the VRM levels for today

Daily VRM levels in the 10 minute charts. Times are GMT-4 . EMA channel (4,7) included.

For the 12 hours until 17:00 (GMT-4) the three FX pairs were dominated by their daily VRM levels. Daily S1 sentiment level featured in all three currency pairs.

GBPUSD fell from its daily S1 sentiment level at 1.2773 to its low at daily level 1.2715

EURGBP rose from its daily S1 sentiment level at 0.8968 to its high at daily level 0.9001

EURUSD ricocheted between its daily S1 sentiment level at 1.1458 and the middle of its short term trend channel at 1.1425

 

[gka]

GBPUSD, EURGBP & EURUSD results for Friday 11th January 2019

Here are the results for the triplet GBPUSD, EURGBP & EURUSD using the VRM levels for today

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel (4,7) included.

EURUSD started the 24 hours with support on weekly level 1.1496. It was unable to break through its highest daily sentiment level at 1.1531 and then fell to the middle of its short term trend channel at 1.1456

Meanwhile EURGBP rallied to its high at weekly level 0.9062 while GBPUSD fell down to its daily level 1.2703.

After making its high for the day, EURGBP fell the rest of the day to close at its low as EURUSD made its low.

GBPUSD rallied from its low and spent at least 5 hours of volatility at weekly level 1.2823 before making its high at the middle of its long term trend channel at 1.2866

 

[gka]

GBPUSD, EURGBP & EURUSD results for 15th January 2019 - UK Parliament Brexit vote

Here are the results for the triplet GBPUSD, EURGBP & EURUSD using the VRM levels for today

TWO ATTACHMENTS

FIRST ATTACHMENT

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel (4,7) included.

GBPUSD started the 24 hours with a rally to its daily level 1.2918. It then fell prior to the Brexit vote to its daily level 1.2700. On the vote it rallied to its highest daily sentiment level at 1.2885.

Meanwhile EURBGP rose to its daily level 0.8972 before falling on the Brexit vote to the middle of its long term trend channel at 0.8861 (blue line)

SECOND ATTACHMENT

Shows the 10 minute chart of GBPUSD with daily VRM levels and EMA(4,7) channel. The GBPUSD can be seen cascading down the VRM daily levels.

Today was a good test for the VRM. Lots of volatility about the VRM levels.

 

[gka]

GBPUSD results for 16th January 2019 - UK Government No Confidence Vote

Here are the results for the GBPUSD about the UK Government No Confidence Vote

Weekly VRM levels in the 1 hour chart. Times are GMT-4 . EMA channel (4,7) included.

The GBPUSD spent the 24 hours trapped between the weekly S1 sentiment level at 1.2848 (red dotted line) and the middle of the long term trend channel at 1.2869 (blue line).

To begin the GBPUSD was resisted by the middle of the long term trend channel but found then support on the weekly S1 sentiment level about 7:00 (GMT-4) onward

 

[gka]

GBPUSD, EURGBP & EURUSD results for 17th January 2019 - Third day of Brexit chaos

Here are the results for the GBPUSD, EURGBP & EURUSD for the third day of Brexit chaos.

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel (4,7) included.

A buy GBP signal occurred at the 4 am (GMT-4) hour when GBPUSD bounced of its lowest daily sentiment level 1.2849 and EURGBP bounced of its highest daily sentiment level 0.8856. After that it was a buy GBP day which only stopped when EURGBP found support at its daily level 0.8763

The significance of the highest and lowest daily VRM sentiment levels is described at

https://www.complexhamiltoniansystems.com/practice.html#3rd_PointHeader

Meanwhile EURUSD cycled in the background with its low at its lowest daily sentiment level 1.1373.

 

[gka]

GBPUSD, EURGBP & EURUSD results for 18th January 2019 - Three days after Brexit vote

Here are the results for the GBPUSD, EURGBP & EURUSD.

Weekly VRM levels in the top 30 minute charts. Daily VRM levels in the bottom 30 minute charts. Times are GMT-4 . EMA channel
(4,7) included.

GBPUSD failed to break through its daily sentiment level 1.2994 (so was never bullish at all timescales) and then started to fall for the rest of the day down to its low at the middle of its long term trend channel at 1.2869 (blue line).

Meanwhile EURGBP rose to its weekly sentiment level 0.8835 / daily level 0.8836.

EURUSD fell with GBPUSD to its low at its weekly level 1.1359

 

[gka]

GBPUSD, EURGBP & EURUSD results for 29th January 2019 - UK Brexit voting day

Here are the results for the GBPUSD, EURGBP & EURUSD.

TWO ATTACHMENTS

FIRST ATTACHMENT

Shows the VRM long term trend channel (top, middle and bottom green lines) and the short term trend channel (top, middle and bottom blue lines) for the EURGBP over the last 50 days including today. As can be seen the EURGBP began its decline on 4th January when the short term trend channel broke down through the top of the long term trend channel. From the 14th January EURGBP has been falling with its short term trend channel. Last Friday 25th Jan EURGBP bounced off its long term trend channel bottom. So this week so far has been a EURGBP rally back to its short term trend channel middle.

SECOND ATTACHMENT

Here are the results for the GBPUSD, EURGBP & EURUSD for today 29th January

Weekly VRM levels in the top 15 minute charts. Daily VRM levels in the bottom 15 minute charts. Times are GMT-4 . EMA channel
(4,7) included.

GBPUSD followed EURGBP today with EURGBP rallying from its weekly sentiment level 0.8664 up to its short term trend channel middle at 0.8747

EURUSD looked on and stayed within its daily and weekly sentiment levels not knowing which sentiment to take.

 

[gka]

GBPUSD, EURGBP, EURUSD & USDCAD results for 30th January 2019 - U S Fed Interest Rate Decision

Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD for today 30th January

Weekly VRM levels in the top 30 minute charts. Daily VRM levels in the bottom 30 minute charts. Times are GMT-4 . EMA channel
(4,7) included.

The four markets as complex systems knew what the Fed interest rate decision would be in advance.

GBPUSD waited at its lowest daily sentiment level 1.3062.

EURUSD waited at its lowest daily sentiment level 1.1414 after a bounce at the middle of its long term trend channel middle 1.1407 (blue line).

EURGBP had already found its low at daily level 0.8714.

USDCAD retraced back to its weekly sentiment level 1.3211

And then the Fed interest rate decision came.

 

[gka]

GBPUSD, EURGBP, EURUSD results for 1st February - U S Non farm payrolls

Here are the results for the GBPUSD, EURGBP & EURUSD for 1st February - Non farm payrolls day

Weekly VRM levels in the top 30 minute charts. Daily VRM levels in the bottom 30 minute charts. Times are GMT-4 . EMA channel
(4,7) included.

GBPUSD followed EURGBP today. Starting 22:00 (GMT-4) EURGBP found resistance at its daily S1 sentiment level 0.8738 and GBPUSD followed with its support.

EURGBP fell to its lowest daily sentiment level 0.8727 while GBPUSD rose to its daily S1 sentiment level 1.3114

EURGBP then rallied to its daily level 0.8790 while GBPUSD followed by falling to its daily level 1.3054.

Meanwhile EURUSD found support at daily sentiment level 1.1437. Then rallied to its highest daily sentiment level 1.1475 before the NFP announcement. On the announcement EURUSD experienced volatility between its highest weekly sentiment level 1.1449 and its weekly level 1.1491

 

[gka]

GBPUSD result for 5th February

Here are the results for the GBPUSD 5th February

Weekly VRM levels in the top 1 hour chart. Daily VRM levels in the bottom 1 hour chart. Times are GMT-4 . EMA channel
(4,7) included.

Key level today for GBPUSD was the daily S1 sentiment level 1.3046. Falling to the bottom of the short term trend channel at 1.2924

 

[gka]

GBPUSD, EURGBP, EURUSD & USDCAD results for 14th February 2019

Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD for today 14th February

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel
(4,7) included.

GBPUSD falling from its daily S1 sentiment level 1.2865
EURGBP rallying from the middle of its short term trend channel at 0.8762
EURUSD rallying from its lowest daily sentiment level 1.1248
USDCAD rallying from its lowest daily sentiment level at 1.3227

Lots of gaps between levels for trading

 

[gka]

GBPUSD, EURGBP, & EURUSD results for 19th February 2019

Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD for today 19th February

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel
(4,7) included.

KEY LEVELS

GBPUSD found support on weekly S1 sentiment level 1.2900 at 22:00 (GMT-4)
EURGBP fell through its weekly S1 sentiment level 0.8753 at 05:00 (GMT-4)

And it was buy GBP from then on

Meanwhile EURUSD rallied with GBPUSD to its high at daily level 1.1351

Lots of gaps between VRM levels to trade between. A good day for the VRM

 

[gka]

GBPUSD, EURGBP & EURUSD results for 1st March 2019

Here are the results for the GBPUSD, EURGBP & EURUSD for today 1st March

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel
(4,7) included.

KEY LEVELS

GBPUSD high at daily S1 sentiment level 1.3273 and low at weekly level 1.3171. With support during the day at daily level 1.3219

EURGBP has been rising this week from the bottom of its short term trend channel. Today it followed GBPUSD after breaking through its daily S1 sentiment level at 0.8578

EURUSD was a bystander today moving between its weekly and daily sentiment levels. That is, it did not have a direction to trend in.

 

[yuanman xin]

Oh, that's not how it works in Gann's theory. It's so simple. everyone can learn it in a minute. But in Gann's theory, it is not classified as mathematics. Therefore, the horizontal position of the price moving average will not be used alone to make the transaction. It is in line with a certain physical space science, but used to do leveraged currency trading, there are still a lot of defects.

 

[gka]

Oh, that's not how it works in Gann's theory. It's so simple. everyone can learn it in a minute. But in Gann's theory, it is not classified as mathematics. Therefore, the horizontal position of the price moving average will not be used alone to make the transaction. It is in line with a certain physical space science, but used to do leveraged currency trading, there are still a lot of defects.

yuanman xin thank you for your reply. Assuming we are talking about the same indicator then Gann indicators are indeed mathematical. Please see this link on Investopedia where they are described

https://www.investopedia.com/articles/trading/08/gann-indicator.asp

You will see that the slanted straight lines of Gann indicators follow a mathematical formula for their gradients.

The Volatility Response Model (VRM) (described in this thread at the very first post) relates the candlestick in one time interval to the candlestick in the next time interval. This mathematical relationship does not change with time. This time interval can be 1 through 8 days or 1 through 8 weeks. If you look at the many examples in this thread you will see that the price action moves about the VRM levels calculated for the future.

 

[gka]

GBPUSD, EURGBP & EURUSD results for 6th March 2019

Volatility Response Model (VRM) described in the first post of this thread.

Here are the results for the GBPUSD, EURGBP & EURUSD for today 6th March

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel
(4,7) included.

Chronological order of events (GMT-4)

1. GBPUSD found resistance at the middle of its short term trend channel 1.3180 and fell at 18:00.
2. EURGBP followed by selling off GBP
3. EURUSD followed by selling off EUR
4. EURUSD found support at its lowest daily sentiment level 1.1295 at 22:00 and GBPUSD followed
5. EURGBP rallied to its daily high at its short term trend channel middle 0.8620 at 12:00 and EURUSD followed.
6. EURGBP fell from its daily high and GBPUSD rose back to its short term trend channel middle 1.3180 at 17:00

 

[gka]

GBPUSD, EURGBP & EURUSD results for 8th March 2019 - US Non farm payrolls

Volatility Response Model (VRM) described in the first post of this thread.

Here are the results for the GBPUSD, EURGBP & EURUSD for today 8th March, US Non farm payrolls

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel
(4,7) included.

Key events

GBPUSD was unable to break up through its long term trend channel middle at 1.3095 and fell to the bottom of its short term trend channel at 1.3003

EURGBP followed GBPUSD and sold off GBP rising to its daily level 0.8640

EURUSD followed EURGBP and rose from its lowest daily sentiment level 1.1183 to its daily level 1.1241

Lots of good trades today with the VRM

 

[gka]

GBPUSD, EURGBP, EURUSD & USDCAD results for 15th March 2019

Volatility Response Model (VRM) described in the first post of this thread.

Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD at end of day 15th March

The VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

Three charts attached

FIRST CHART

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel (4,7) included.

Important levels:

GBPUSD found support at its highest weekly sentiment level 1.3218

EURGBP fell down as GBPUSD rose from 1.3218

EURUSD fell down from its highest daily sentiment level at 1.1324 at 09:00 and GBPUSD followed

EURUSD found support at its daily S1 sentiment level 1.1304 at 10:00 and GBPUSD followed

GBPUSD rose to its high at daily level 1.3298/weekly level 1.3298

EURUSD rose to its daily high at daily level 1.1346

USDCAD support at weekly level 1.3294. Finally rising to the middle of its short term trend channel at 1.3365

SECOND CHART

Weekly VRM levels in the top 10 minute charts. Daily VRM levels in the bottom 10 minute charts. Times are GMT-4 . EMA channel (4,7) included.

Show the central price action about the VRM levels today. Lots of large gaps to trade between.

THIRD CHART

These charts show the key weekly VRM levels throughout the last week.

Weekly VRM levels in the 3 hour charts. Times are GMT-4 . EMA channel (4,7) included.

Important weekly levels

GBPUSD support at weekly S1 at 1.3034
GBPUSD support and resistance level at its highest weekly sentiment level 1.3218
GBPUSD weekly high at weekly level 1.3365

EURGBP resistance at its highest weekly sentiment level 0.8650
EURGBP support at its long term trend channel bottom at 0.8492

EURUSD resistance and support at its highest weekly sentiment level 1.1294

USDCAD support at its weekly S1 sentiment level 1.3395 which disappeared after about 21 hours on 12 March
USDCAD then fell to its weekly low level 1.3294