"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

Sunday, 10 March 2013

NZD/USD March 11, 2013


  • My Kiwi chart study is above.
  • Price tested weekly low and expended it little. This shows weaknesses but we are still above that level. Daily RSI (14) below 50 but not oversold. Hourly RSI(14) crossed 30 from below which can be considered as a buy signal. However while daily bias is bearish, upside movement can be some limited.
  • My lunar cycles predicts a swing low withing the early hours of the new week. 


Need to close watch market open. In case of a bullish divergence will be observed it is worth to open long position in my opinion.
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