Predicting future FX support and resistance levels using mathematics

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 13th December 2019 - UK election results

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 13th December

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

THREE FILES ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer.

GBPUSD on the UK election exit poll results rallied up past its highest daily level 1.3331 and finally stalled at weekly level 1.3455. For the rest of the day fell back to the top of its long term channel at 1.3339

EURGBP on the UK election exit poll results fell below the bottom of its short term trend channel at 0.8372 and finally stalled at its weekly level 0.8297. Then rose to its lowest daily level 0.8379

EURUSD rallied to its daily level 1.1191. Then fell back to the middle of its short term trend channel at 1.1111

USDCAD followed EURUSD. Rose to its daily sentiment level 1.3198 as EURUSD fell.

EURCAD followed EURUSD and rose to its daily level 1.4731. Then fell to its daily level 1.4634

SECOND FILE

Shows the 3 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 5 FX pairs. All charts show the mid-price between the bid and the offer.

GBPUSD through the week had support on its weekly S1 sentiment level 1.3120. Rallied to weekly level 1.3455 on the UK election result exit poll

EURGBP had resistance at its weekly sentiment level 0.8451. Then fell to weekly level 0.8297 on the UK election result exit poll

EURUSD broke through the middle of its long term trend channel at 1.1074. Then rallied for the rest of the week

USDCAD could not break up through its weekly S1 sentiment level 1.3255. And fell to weekly level 1.3165

EURCAD moved sideways during the week. Trapped between the middle of its long term trend channel at 1.4684 and its weekly sentiment level 1.4627

THIRD FILE

This image shows the take profit close out of my six trades over the UK election period.

Four long positions were taken Thursday 12th December for GBPUSD at VRM levels as the GBPUSD fell.

Two short EURGBP positions were taken Thursday for the EURGBP at VRM levels as EURGBP rose.

I was using the fact that the GBPUSD short term trend channel was rising. The EURGBP short term trend channel was falling. The EURUSD short term trend channel was rising. And finally EURUSD had support on the middle of its short term trend channel. You can see how quickly the trades closed out after 18:00 my local time.

I hid the GBPUSD stop loss for these trades below the middle of its short term trend channel.

I hid the EURGBP stop loss for these trades above the middle of its short term trend channel.

Stop losses were 250 basis points, imposed by the market maker in anticipation of extreme volatility.

2019-12-13-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-1hr-1hr.png

2019-12-13-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-3hr.png

2019-12-12-3-GBPUSD-EURGBP-UK-elections-take-profits.png
 

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 16th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 16th December

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

TWO FILES ATTACHED

FIRST FILE


Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-4 . EMA channel (4,7) included. All charts show the mid-price between the bid and the offer .

GBPUSD followed EURGBP today. GBPUSD made its high when EURGBP made its low at daily level 0.8303.

EURGBP made its low at daily level 0.8303. And made its high at the bottom of its long term trend channel at 0.8366

EURUSD looked on

USDCAD fell through its weekly S1 sentiment level at 1.3171 down to its low at daily level 1.3126

EURCAD fell to its low at weekly S1 sentiment level 1.4619.

SECOND FILE

The second file attached is the VRM chart for GBPUSD for 17th December. See how the bottom of the short term trend channel at 1.3011 has now met the middle of the long term trend channel at 1.3009. Let's see if a bounce will happen again. Just as it did on 4th December

2019-12-16-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png

gbpusd.PNG
 

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 17th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 17th December

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

TWO FILES ATTACHED

FIRST FILE


Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-4 . EMA channel (4,7) included. All charts show the mid-price between the bid and the offer .

GBPUSD fell through its weekly S1 sentiment level at 1.3300. And found support at daily level 1.3117. These levels were in yesterday's post as predictions.

EURGBP - As GBPUSD sold off, EURGBP rose from its daily S1 level 0.8350 and made its high about daily level 0.8486

EURUSD moved sideways between weekly S1 sentiment level 1.1134 and its highest weekly sentiment level 1.1176

USDCAD moved sideways

EURCAD had support on the middle of its short term trend channel at 1.4655. And rallied to its high at daily level 1.4716

SECOND FILE

I attach my two GBPUSD sell trades closing out in profit today. I sold at the weekly levels given in my last post yesterday. And expected the bounce described in yesterday's post. Times are GMT-4.

2019-12-17-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png

2019-12-17-GBPUSD-trades.png
 

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 18th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 18th December

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

ONE FILE ATTACHED

FIRST FILE


Weekly VRM levels in the top 1 hour charts (over 2 days). Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel (4,7) included. All charts show the mid-price between the bid and the offer .

GBPUSD fell from its daily S1 sentiment level 1.3129 down to its daily level 1.3076

EURGBP moved sideways between its highest daily sentiment level 0.8518 and its daily S1 sentiment level 0.8488

EURUSD fell from its daily S1 sentiment level 1.1155 down through its daily level 1.1121

USDCAD fell from its daily sentiment level 1.3175 down to its weekly level 1.3107

EURCAD fell from the middle of its long term trend channel at 1.4677 down to its lowest weekly sentiment level 1.4579

2019-12-18-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-1hr-2days-1hr.png
 

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 19th December 2019 - BoE Interest Rate Decision

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 19th December

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

ONE FILE ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer .

GBPUSD was leading EURGBP today. Made its high at daily sentiment level 1.3124 and fell to the middle of its long term trend channel at 1.3009

EURGBP followed GBPUSD and made its low what GBPUSD rose to 1.3124. Rallied to the top of its short term trend channel at 0.8554

EURUSD trapped between its daily sentiment levels 1.1140 and 1.1110

USDCAD had support on its daily S1 sentiment level 1.3115. Failed to break through its highest daily sentiment level 1.3131

EURCAD trapped between weekly S1 sentiment level 1.4619 and its lowest weekly sentiment level 1.4579

2019-12-19-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png
 

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 20th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 20th December

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

TWO FILES ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer.

GBPUSD started with support on the middle of its long term trend channel at 1.3009. Rallied to daily level 1.3084. Then fell to the bottom of its short term trend channel at 1.2978

EURGBP had some support on its lowest daily sentiment level at 0.8534. Then fell to the middle of its short term trend channel at 0.8472. Then rallied back to 0.8534

EURUSD fell through its lowest daily sentiment level 1.1121. Fell to the middle of its long term trend channel 1.1069. Then a short rally

USDCAD had support on its daily S1 sentiment level 1.3122. Then rallied to its weekly S1 sentiment level 1.3171.

EURCAD unable to break through its daily S1 sentiment level 1.4611 and fell to daily level 1.4561

SECOND FILE

Shows the 3 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 5 FX pairs. All charts show the mid-price between the bid and the offer.

GBPUSD started the week unable to break through the top of its long term trend channel at 1.3376. And fell to its lowest weekly level 1.2992

EURGBP started with support on its weekly level 0.8300. And rallied to weekly level 0.8555

EURUSD unable to break up through its weekly sentiment level 1.1176. And fell to the middle of its long term trend channel at 1.1069

USDCAD unable to break up through its weekly S1 sentiment level at 1.3171. And fell to its weekly level 1.3107

EURCAD rallied to its weekly level 1.4719 and then fell to its lowest weekly sentiment level at 1.4579

2019-12-20-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png

2019-12-20-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-3hr.png
 

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 16th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 16th December

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

TWO FILES ATTACHED

FIRST FILE


Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-4 . EMA channel (4,7) included. All charts show the mid-price between the bid and the offer .

GBPUSD followed EURGBP today. GBPUSD made its high when EURGBP made its low at daily level 0.8303.

EURGBP made its low at daily level 0.8303. And made its high at the bottom of its long term trend channel at 0.8366

EURUSD looked on

USDCAD fell through its weekly S1 sentiment level at 1.3171 down to its low at daily level 1.3126

EURCAD fell to its low at weekly S1 sentiment level 1.4619.

SECOND FILE

The second file attached is the VRM chart for GBPUSD for 17th December. See how the bottom of the short term trend channel at 1.3011 has now met the middle of the long term trend channel at 1.3009. Let's see if a bounce will happen again. Just as it did on 4th December

View attachment 271868

View attachment 271867

Last 16th December I posted the VRM chart for GBPUSD above noting that the bottom of the short term trend channel at 1.3011 was meeting the middle of the long term trend channel at 1.3009. The collision happened and the short term trend channel started to fall.

I attach the GBPUSD VRM chart for tomorrow 23rd December showing the collision and bounce on 17th December. I never fail to be amazed at how the VRM can predict such collisions using two separate data sets -- the weekly H/L/C and the daily H/L/C historical data of GBPUSD.

The chart attached shows weekly predictions to the left that are good for the whole week until the Friday close in NY and daily predictions to the right good for 23rd December. Coloured levels are the important VRM levels. Plot them on your chart and watch the price action move between them. I use 15 minute charts with a EMA(4,7) channel.

gbpusd.PNG
 
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gka

Established member
764 13
The chart attached shows weekly predictions to the left that are good for the whole week until the Friday close in NY and daily predictions to the right good for 23rd December. Coloured levels are the important VRM levels. Plot them on your chart and watch the price action move between them. I use 15 minute charts with a EMA(4,7) channel.

gbpusd.PNG
Here is the GBPUSD 15 minute chart today so far using the VRM levels posted yesterday before the market opened. Coloured levels on yesterday's chart are shown on the attached chart.

Will post full results tonight
 

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gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 23rd December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 23rd December

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

ONE FILE ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer .

GBPUSD & EURGBP played tag today

GBPUSD rose initially as EURGBP was driven down by its daily S1 sentiment level at 0.8523. GBPUSD made its high at the middle of its long term trend channel at 1.3027 and fell. This caused EURGBP to start rising. GBPUSD fell to daily level 1.2918. While EURGBP rose to the top of its short term trend channel at 0.8591. In between GBPUSD experienced some short term support at its lowest daily sentiment level 1.2974. And EURGBP followed and experienced resistance on its way up.

EURGBP - see the GBPUSD description above

EURUSD went to its low at the middle of its long term trend channel at 1.1069. And made its high at its weekly S1 sentiment level 1.1094

USDCAD had its low at its lowest daily sentiment level 1.3144. And its high at its weekly S1 sentiment level 1.3173

EURCAD had support at its lowest daily sentiment level 1.4562 and followed USDCAD to its daily high

2019-12-23-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png
 
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gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 24th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 24th December

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

ONE FILE ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer .

GBPUSD followed EURGBP today. Started with support on its daily S1 sentiment level 1.2938 but fell. It would have continued falling but EURGBP had resistance at its daily S1 sentiment level 0.8572. So GBPUSD rose. Made its high at its highest daily sentiment level 1.2968

EURGBP tried to break up through its daily S1 sentiment level 0.8572 and failed. Fell to its weekly S1 sentiment level 0.8548

EURUSD fell to the middle of its long term trend channel at 1.1069. Then rose to its weekly S1 sentiment level 1.1094

USDCAD supported at its daily S1 sentiment level 1.3145. Rose to its highest daily sentiment level 1.3169

EURCAD made its low when EURUSD made its low. Unable to break up through its daily S1 sentiment level 1.4593

2019-12-24-1800-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png
 
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gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 26th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 26th December

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

ONE FILE ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer .

GBPUSD high of the day at daily level 1.3014. Low of the day at daily S1 sentiment level 1.2963

EURGBP low of the day at weekly sentiment level 0.8530. High of the day at daily S1 sentiment level 0.8554

EURUSD low of the day at its lowest daily sentiment level 1.1085. High of the day at daily sentiment level 1.1109

USDCAD fell through its lowest weekly sentiment level 1.3159 and fell to daily level 1.3102

EURCAD unable to break up through weekly S1 sentiment level 1.4592. And fell.

2019-12-26-1800-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png
 
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drookpa

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GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 26th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 26th December

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

ONE FILE ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer .

GBPUSD high of the day at daily level 1.3014. Low of the day at daily S1 sentiment level 1.2963

EURGBP low of the day at weekly sentiment level 0.8530. High of the day at daily S1 sentiment level 0.8554

EURUSD low of the day at its lowest daily sentiment level 1.1085. High of the day at daily sentiment level 1.1109

USDCAD fell through its lowest weekly sentiment level 1.3159 and fell to daily level 1.3102

EURCAD unable to break up through weekly S1 sentiment level 1.4592. And fell.

View attachment 272143
Nice!..Thank you..
 

gka

Established member
764 13
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 27th December 2019

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

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 27th December

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

TWO FILES ATTACHED

FIRST FILE


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. All charts show the mid-price between the bid and the offer.

GBPUSD started with support on its lowest daily sentiment level 1.2979. Then rallied to its highest weekly sentiment level 1.3098

EURGBP made its high at its highest daily sentiment level 0.8564. And its low about its daily level 0.8505

EURUSD had its low at its lowest daily sentiment level 1.1096. And its high at daily level 1.1190

USDCAD unable to break up through its daily S1 sentiment level 1.3119. And fell to its daily level 1.3068.

EURCAD followed EURUSD when it made its low. Then rallied to daily level 1.4622

SECOND FILE

Shows the 3 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 5 FX pairs. All charts show the mid-price between the bid and the offer.

GBPUSD made its low as EURGBP made its high at the middle of its long term trend channel at 0.8572. Then rallied to its highest weekly sentiment level 1.3098

EURGBP made its high at the middle of its long term trend channel at 0.8572. Then fell to its low as GBPUSD made its high at 1.3098

EURUSD had support on the middle of its long term trend channel at 1.1069. Then rallied to its weekly level 1.1171

USDCAD unable to break up through its weekly S1 sentiment level 1.3173. Then fell to the bottom of its long term trend channel at 1.3070

EURCAD moved sideways

On Sunday I will post the VRM charts for GBPUSD and EURGBP to explain the GBP rally just seen.

2019-12-27-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png

2019-12-27-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-3hr.png
 

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