"TIME is the most important factor in determining market movements and by studying the past records of the averages or individual stocks you will be able to prove for yourself that history does repeat and that by knowing the past you can tell the future. … There is a definite relation between TIME and PRICE. … Now, by a study of the TIME PERIODS and TIME CYCLES you will learn why tops and bottoms are found at certain times and why Resistance Levels are so strong at certain times and bottoms and tops hold around them. … The most money is made when fast moves and extreme fluctuations occur at the end of major cycles."

Forcasting by Time Cycles Course


W.D. GANN


Saturday, 29 September 2012

Declination Study 001 (October 1 - October 5 2012)

ANALYSIS OF THE WEEK 1-5 OCTOBER 2012


Heliocentric Composite Declinations
     


My long term chart shows more gains for EURO against USD.  So we can see higher lows and higher tops. When we go in detail and make a close look to year 2012 we can solve market character.






EUR/USD Market moves with a close relationship with Composite Declination line. Market order in extreme points of the declination line is as below;

Bottom /Top – Top/ Bottom – Bottom/ Top – Top/ ?

Unless Market character does not change, what we will see is clear; another top around 15 October 2012. I don’t have statistics about error rate of timing but it is usually not more than few days. 


We can go further on our chart. Our declination line made a bottom on August 31 and next extreme point which is a top will be in October 15. There are 45 days between these two days and if we divide this period three parts then we have 15 days every part of three parts. First part of three parts ended in September 15 which was weekend between two top dates September 14 & September 17. This top makes end of second part of our three parts important. We can expect a change in trend. This date is September 30, another weekend. Current 15 days old bear trend should end at this point. After this point we can expect our new high around October 15.

Geocentric Declinations
I don’t have a composite chart for geocentric declinations. I am not sure how to form it. Instead I individually observe some planets. First one is Mars; of course I have some shifted the line to synchronize with the price and showed the absolute value of the declination value;


I didn’t show old data but I observed enough correlation with price to trust this line. Anyway our Mars line is parallel to Heliocentric Declination Composite chart.
Above chart is the relationship between Geocentric Mercury Declination absolute value and price. I haven’t fully solved it yet but I had some observations; 
0 Declination passing usually don’t make big change in trend but considerable change happen few days before the passage date. Last passage confirms this where passage date was at September 18 but trend change happened some days before. Another scenario can be a shift needed to synchronize price and declination line…I will study more on it later. 
For Venus situation is same for me too.. Need more study on it. So didn’t put its chart here…





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