Wednesday, November 28, 2012

Squaring price that ended a prior trend with time in current trend

Here we will see high and low.

Such as

High swing 31.6 nov 14,2002 convert it into angle =61 degree

we now determine the trading day by formula when it will make square,
convert 61 degree to TD,CD(57, 75) /65,83)
We can assume that on the mentioned day the square will form , and trend will end


lowest swing 22.12 feb 10,2003  convert it into trading day, calender day( 58TD,88CD)

so our assumption is correct.



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