This is just a theory at the moment!
Using 30 day calendar cycles on EUR/USD you can clearly see that on pretty much the 17th of every month there is a huge change of trend.
Market opens on 19th July again and I will be watching to see if this experiment plays out.
Also note that every other 30 day cycle there appears to be a retrace every 9 days.
Could be complete coincidence or Gann was onto something.
***Update*** 27/7 - ***SHORT***
Target of 1.112 hit on 27/7
Now SHORT until 17/8
Lets see how this one plays out.
Using 30 day calendar cycles on EUR/USD you can clearly see that on pretty much the 17th of every month there is a huge change of trend.
Market opens on 19th July again and I will be watching to see if this experiment plays out.
Also note that every other 30 day cycle there appears to be a retrace every 9 days.
Could be complete coincidence or Gann was onto something.
***Update*** 27/7 - ***SHORT***
Target of 1.112 hit on 27/7
Now SHORT until 17/8
Lets see how this one plays out.
