Predicting future FX support and resistance levels using mathematics

gka

Established member
567 3
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

2019-02-01-GBPUSD-EURGBP-EURUSD-30min.png
 

gka

Established member
567 3
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

2019-02-05-GBPUSD-1hr.png
 

gka

Established member
567 3
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

2019-02-14-GBPUSD-EURGBP-EURUSD-USDCAD-1hr.png
 

gka

Established member
567 3
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

2019-02-19-GBPUSD-EURGBP-EURUSD-1hr.png
 

gka

Established member
567 3
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.
 

Attachments

yuanman xin

Newbie
7 0
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

Established member
567 3
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

Established member
567 3
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

2019-03-06-GBPUSD-EURGBP-EURUSD-1hr-1hr.png
 

gka

Established member
567 3
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

2019-03-08-GBPUSD-EURGBP-EURUSD-1hr-1hr.png
 

gka

Established member
567 3
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

2019-03-15-GBPUSD-EURGBP-EURUSD-USDCAD-1hr-1hr.png

2019-03-15-GBPUSD-EURGBP-EURUSD-USDCAD-10min-10min.png

2019-03-15-GBPUSD-EURGBP-EURUSD-USDCAD-3hr.png
 

gka

Established member
567 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 20th March 2019 - Fed Interest Rate Decision

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 20th March - Fed Interest Rate Decision

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

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.

Prior to the Fed Rate Decision ........

GBPUSD fell finding support at daily level 1.3219. Rose back to its lowest daily sentiment level 1.3244 before falling to its low for the day.

Meanwhile EURGBP rose to its weekly level 0.8637 followed by GBPUSD to its low for the day.

USDCAD spent at least 15 hours trying to break through the middle of its short term trend channel at 1.3337 before starting its fall.

Just prior and on the Fed Interest Rate Decision...

USDCAD started to sell off the hour before

EURUSD found support on its long term trend channel middle at 1.1351

The markets knew what the decision would be. It was sell USD time.

Lots of good trades today.

2019-03-20-GBPUSD-EURGBP-EURUSD-USDCAD-1hr-1hr.png
 

gka

Established member
567 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 22nd March 2019 - German Manufacturing PMI

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 22nd March - German Manufacturing PMI

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

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.

Prior to the German Manufacturing PMI at 5:30 (GMT-4)

EURUSD unable to break through its highest weekly sentiment level at 1.1396 and fell below its daily S1 sentiment level 1.1379

GBPUSD fell below its highest daily sentiment level at 1.3139

EURGBP was already bearish as it could not break through its lowest daily sentiment level 0.8669

Three signals all indicating sell GBPUSD, EURGBP and EURUSD

On the German Manufacturing PMI at 5:30 (GMT-4) GBPUSD, EURGBP and EURUSD all fell

GBPUSD found support at its daily S1 sentiment level 1.3088

EURUSD found support for at least 5 hours at its daily level 1.1298

GBPUSD then rallied to the middle of its short term trend channel at 1.3215

EURGBP fell to its low for the day at its weekly S1 sentiment level 0.8547

==============================================================

Lots of good trades with the VRM levels today

2019-03-22-GBPUSD-EURGBP-EURUSD-USDCAD-10min-10min-1325.png
 

gka

Established member
567 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 29th March 2019 - UK Brexit vote - UK GDP - CA GDP

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 29th March - UK Brexit vote - UK GDP - CA GDP

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

TWO CHARTS

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.

GBPUSD moved between daily high level 1.3107 and bottom of short term trend channel 1.2997

EURGBP moved synchronously with GBPUSD between daily levels 0.8644 and 0.8567

EURUSD stayed trapped between the highest daily sentiment level 1.1236 and the lowest daily sentiment level 1.1212

USDCAD fell bellow its daily S1 sentiment level 1.3430 prior to the GDP announcement then fell to its daily level 1.3345

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 10 minute charts during the main movements of the day

2019-03-29-GBPUSD-EURGBP-EURUSD-USDCAD-1hr-1hr.png

2019-03-29-GBPUSD-EURGBP-EURUSD-USDCAD-10min-10min-1424.png
 

gka

Established member
567 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 5th April 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 & USDCAD at end of day 5th April - US Non farm payrolls

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

THREE CHARTS

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.

In chronological order:

20:00 pm 4th April EURGBP finds resistance at its daily S1 sentiment level 0.8584 and falls. GBPUSD follows and rises.

2:00 am 5th April GBPUSD finds resistance at its highest daily sentiment level 1.3109 and falls. EURGBP follows and rises

GBPUSD falls to its low for the day at daily level 1.2992. EURGBP rises to its high for the day at its daily level 0.8635

Meanwhile EURUSD had some volatility at the announcement of the NFP and rises to its high for the day at its highest daily sentiment level 1.1250 then slumps to its low for the day at its lowest daily sentiment level 1.1211

Meanwhile USDCAD found support at its daily S1 sentiment level 1.3353 and rose to its high for the day at its daily level 1.3401

LAST TWO CHARTS

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 10 minute charts during the main movements of the day

2019-04-05-GBPUSD-EURGBP-EURUSD-USDCAD-1hr-1hr.png

2019-04-05-GBPUSD-EURGBP-EURUSD-USDCAD-10min-10min-1416.png

2019-04-05-GBPUSD-EURGBP-EURUSD-USDCAD-10min-10min-1743.png
 

gka

Established member
567 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 12th April 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 12th April

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

ONE FILE ATTACHED

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 hour period with support on its weekly S1 sentiment level 1.3056. Finally rallying to its high at daily level 1.3121

EURGBP started with support at its lowest daily sentiment level 0.8616 and rallied to its high at the middle of its long term trend channel at 0.8643

EURUSD started the 24 hours with support at the middle of its short term trend channel at 1.1256 and rallied to its highest daily sentiment level 1.1317

USDCAD started the 24 hours with resistance at its daily S1 sentiment level 1.3378 and fell to its daily level 1.3309

An easy day's trading with the VRM.

2019-04-12-GBPUSD-EURGBP-EURUSD-USDCAD-1hr-1hr.png