hi friends,
i am posting here the time cycle analysis which i could gather after trying to understand the subject and using the tools available in my software..given a treatment from last 1 yr data of weekly movements of nifty....
the low to low to low cycle is going in a 23 week cycle.
3554 dt.09/03/07 to 4002/17/08/07 to 4448/25/01/08
(these are weekendings dates)
the high to high to high is in a 24 week cycle app.
4245/09/02/07 to 4647/20/07/07 to 6357/11/01/08
in this context it shows that we will make a HIGH in week starting 23/6 and then make a LOW in week starting 30th june..
this is a very simple way of looking at this time cycle time wise...which will always have some ifs and buts..but i feel an approximate time frame can just help everyone , as can gann square of nine and most importantly your charts.. ,pivots/fibbo analysis etc..
there are many theories on time/price cycle , lots of people are struggling trying to find a ans..for this riddle which has many facets..i have a few more theories in this if members will be interested..( there is a nice theory on daily basis also )
caveat is that pls.do use all tools available to u b4 commiting ur money in trades..cheers
ps. my name is rajan bhatia i am a professinal trader using live charts /software for daily trading , based in delhi and ***** id is
rjn_bht@*************
i am posting here the time cycle analysis which i could gather after trying to understand the subject and using the tools available in my software..given a treatment from last 1 yr data of weekly movements of nifty....
the low to low to low cycle is going in a 23 week cycle.
3554 dt.09/03/07 to 4002/17/08/07 to 4448/25/01/08
(these are weekendings dates)
the high to high to high is in a 24 week cycle app.
4245/09/02/07 to 4647/20/07/07 to 6357/11/01/08
in this context it shows that we will make a HIGH in week starting 23/6 and then make a LOW in week starting 30th june..
this is a very simple way of looking at this time cycle time wise...which will always have some ifs and buts..but i feel an approximate time frame can just help everyone , as can gann square of nine and most importantly your charts.. ,pivots/fibbo analysis etc..
there are many theories on time/price cycle , lots of people are struggling trying to find a ans..for this riddle which has many facets..i have a few more theories in this if members will be interested..( there is a nice theory on daily basis also )
caveat is that pls.do use all tools available to u b4 commiting ur money in trades..cheers
ps. my name is rajan bhatia i am a professinal trader using live charts /software for daily trading , based in delhi and ***** id is
rjn_bht@*************
