MoneyTec.com Traders Community Forum - View Single Post - The three unchanging laws of market movement

James · 12-10-2004, 04:54

For the benefit of those who do not read my Team Forex thread (this was posted there)...

There are three things which are certainties in trading:

1. The market moves in waves.

2. Wave tops and bottoms are governed by the universal laws of the Golden Ratio, Phi. It is therefore possible to identify where the peaks and troughs will form.

3. The absolute wave frequency and amplitude will vary, but the golden ratio(s) do not.

That is why it is possible to profit from trading from peak to trough or vice versa in any market volatility and direction, whereas following moving averages (for example) will let you down in low volatility markets.

The chart shows yet another "golden" moment at 1.7985, when cable hit Phi.

12-10-2004, 04:54	#1 (permalink)
James Team Forex Join Date: May 2003 Posts: 1,229 Rep Power: 0	The three unchanging laws of market movement For the benefit of those who do not read my Team Forex thread (this was posted there)... There are three things which are certainties in trading: 1. The market moves in waves. 2. Wave tops and bottoms are governed by the universal laws of the Golden Ratio, Phi. It is therefore possible to identify where the peaks and troughs will form. 3. The absolute wave frequency and amplitude will vary, but the golden ratio(s) do not. That is why it is possible to profit from trading from peak to trough or vice versa in any market volatility and direction, whereas following moving averages (for example) will let you down in low volatility markets. The chart shows yet another "golden" moment at 1.7985, when cable hit Phi. Attached Thumbnails Last edited by James; 12-10-2004 at 05:03.