Murrey Levels - this type of market analysis has been demanded by many traders for a long time. Whether you trade shares, currency or futures, Murray Levels perfectly apply to all instruments. Main principle of ML is that all markets move in a similar manner (which means that behavior of crowd determines all markets and thus they have similar characteristics).
Murray Levels are based on discoveries made by William Gann in the first half of XX century. As William Gann performed as an efficient trader, his technique seemed complex and intricate. But Mr. Murray simplified Gann's technique: he created a special geometrical system that describes price movement over time.
2015 | EURUSD | GBPUSD | USDJPY |
11 Desember | The four-hours chart of EUR USD. The pair failed to consolidate above the 1.0986 level (2/8). The pair returned to this level and now we can expect a further drop of the price to the level of 1.0986 (2/8). This option will be canceled in case of return of the price and its consolidation above the l | The four-hours chart of GBP USD. The pair was not able to pass the level (5/8), which occurs only when the price moves within a horizontal channel (3/8 - 5/8). But meanwhile this option is considered to be an alternative, because there is no other evidence in favor of this option. Our main expect | The four-hour chart of USD JPY . The pair easily broke through the level of (4/8) and stopped at the level of (5/8). As you can see, there are preconditions for a further price movement within the flat within the borders (3/8 - 5/8). But meanwhile the primary expectation is drop of the price to th |
10 Desember | |||
09 Desember | |||
08 Desember | |||
07 Desember |