PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_F $Z

PowerLineTrader

Junior member
32 0
PowerLines, Price Projections & Action Areas In Play: Currencies, Futures, Bonds

Hi all, this is my first post on here.

Each week i will post these charts (along with other FX pairs) with highlighted areas that i am watching for possible reversals, along with projections of where price may move should these reversals occur. Please note, these are NOT trade signals, these are simply areas i will be monitoring for potential reversals.

I use the core PowerLines support and resistance model derived from time frame, range, volatility and expansion; Overlayed with repeating market rhythms, fibonacci ratios and harmonic patterns.

Please follow the charts and i hope you find the information useful

Thanks
 
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PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

$EURUSD

$GBPUSD

$AUDUSD

$ES_F

$ZB_F


Ok guys so those are the clear versions of the earlier charts posted. All updates will be posted as and when they occur. Thanks
 

Lord Flasheart

Legendary member
9,796 975
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

what are power lines and how do they work,thanks
 

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

Hi there FlashHeart, the PowerLines are the red and green horizontal lines across the charts, can you see them? i had trouble posting. They work as support and resistance levels which when combined with other factors such as ratios and harmonic patterns, can provide key reversal points
 

Lord Flasheart

Legendary member
9,796 975
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

there seems to be a lot of lines close together,are they fib clusters
 

NVP

Legendary member
37,586 2,008
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

Whats the difference between a Powerline and a normal support / resistance line ?

and what are you selling ?....may as well get it rolling here

thanks
N
 

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

Whats the difference between a Powerline and a normal support / resistance line ?

and what are you selling ?....may as well get it rolling here

thanks
N


Hi NVP, nope no selling - these charts are just for informational purposes. There are two years worth of charts archived at - please feel free to check them out and get a feel for how price reacts to these lines.
The PowerLines are a proprietary model based around timeframe, range, expansion and volatility - also utilizing fibonacci elements. I look for confluence between these areas and fibonacci levels, harmonic patterns etc.
 
Last edited by a moderator:

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

$EURGBP
[IMG]http://i45.tinypic.com/2eatcw3.gif[/IMG]
 

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

Hope these charts are visible guys, i've had problems with the sizing - please let me know if any of them need changing. Thanks
 

neil

Legendary member
5,167 747
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

These look like Pivot lines and Support and Resistance lines - Plenty of free info on these if you tap into Google
 

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

These look like Pivot lines and Support and Resistance lines - Plenty of free info on these if you tap into Google

Hi Neil, these are a proprietary study, but you are correct, there is plenty of that stuff on google. Hopefully the value you will find in following this thread will be in the highlighting of inflection points and identifying likely interim destinations for price
 

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

$EURUSD. Breaks 1.2817 highs, heading for Powerline resistance at 1.2939 . Heavy event risk today so will update on any big moves.

Potential for this move to occur

 

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

1.2939 PowerLine Res in $EURUSD holding. .8026 PowerLine Res in $EURGBP holding. Will update post FOMC
 

PowerLineTrader

Junior member
32 0
Re: PowerLines, Price Projections & Action Areas In Play $EURUSD $GBPUSD $AUDUSD $ES_

Ok so obviously we had some big moves following the Fed's announcement on Friday, Blew the lines out of the water. Below are the updated charts for the week ahead. Will update them as the week progresses.

$ZB_F

$GBPUSD

$EURUSD

$ES_F
 
 
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