1
/
of
1
store-traders-com
Stocks & Commodities V. 32:12 (22-27): Projecting Market Cycles by Sylvain Vervoort
Stocks & Commodities V. 32:12 (22-27): Projecting Market Cycles by Sylvain Vervoort
Regular price
$3.95 USD
Regular price
Sale price
$3.95 USD
Quantity
Couldn't load pickup availability
Projecting Market Cycles, part 6 by Sylvain Vervoort
Exploring Charting Techniques
Here in part 6 of Sylvain Vervoorts Exploring Charting Techniques series, he discusses a unique way to identify the beginning and end of a market cycle.
There are many ways to approach it and many have tried, but only a handful of techniques work well to identify cycles. In this article, Ill discuss a unique method that uses trend channels to find the beginnings and ends of cycles.
CHANNEL MOVES
First, lets look at the chart in Figure 1, which shows an uptrend move on a 30-minute chart of the EURUSD. If you try to draw a trendline or a trend channel on this price chart, you may get frustrated. It may be impossible to draw a channel that covers the entire period displayed on the chart. If you start the trendline from the sharp up move, the corrections will break the possible trendline and there will be long periods with limited trading ranges. In order to create trendlines and channels, you may need to use a different kind of chart.
Exploring Charting Techniques
Here in part 6 of Sylvain Vervoorts Exploring Charting Techniques series, he discusses a unique way to identify the beginning and end of a market cycle.
There are many ways to approach it and many have tried, but only a handful of techniques work well to identify cycles. In this article, Ill discuss a unique method that uses trend channels to find the beginnings and ends of cycles.
CHANNEL MOVES
First, lets look at the chart in Figure 1, which shows an uptrend move on a 30-minute chart of the EURUSD. If you try to draw a trendline or a trend channel on this price chart, you may get frustrated. It may be impossible to draw a channel that covers the entire period displayed on the chart. If you start the trendline from the sharp up move, the corrections will break the possible trendline and there will be long periods with limited trading ranges. In order to create trendlines and channels, you may need to use a different kind of chart.
Share
