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GBP/USD Delta Phenomenon trading thread
I have started this thread specifically for discussion of the Delta phenomenon as it applies to GBP/USD.
The red line is where the number 1 point is comes closest to and the full moon comes on May 5, 2012. This way all can figure out the upcoming full moon dates for the rest of the colored lines.
I will also mention that I have figured out how to eliminate the inversion problem. The Delta Society's view of the Delta phenomenon is incomplete, and I have been able to figure out the rest of the "hologram" mentioned by Jim Sloman. I am not saying here that the ITD Delta of 4 lunar months does not work as published by the Society. It is just that it is incomplete. I hope viewers can profit trading gbpusd by using Delta.
Last edited by Howdyy; 05-09-2013 at 03:47 PM.
Congratulations on your new Thread!
You should get an automated email when a post is made to your new Delta trading thread.
I have moved it to the trading strategies section so it will get more visibility.
http://forexforums.dailyfx.com/tradi...ng-thread.html (GBP/USD Delta Phenomenon trading thread)
Thank you for sharing with us but I cannot take any credit for this fine work. I only started the thread.
Howdyy is the author of this material so please give him all the credit
Last edited by Gregory McLeod; 06-20-2012 at 05:20 AM.
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Originally Posted by Gregory McLeod
I am using a cycle similar in nature to the Delta Phenomenon as published by Welles Wilder. However, I look at a time frame that uses 32 lunar months from start to end. This eliminates the inversion problem and opens up more cycle lengths. Below is the full moon dates divided into 32 lunar month increments. As of this post's date, we are in the #29 lunar month now. Next post will show the solution for gbpusd and #29.
Here is the solution for this current lunar month, #29. The number 1 point is simply the first point for this month and has no other function than simply identifying the turn point dates. This chart has some slight adjustments to the one I posted in the gbpusd thread, but nothing significant. The #1 high was due about April 12 and came right on time. The #2 low point is about April 18. It seems from current price action, it came a little early and now gbpusd is moving to the #3 high due about April 21/22.
This is NOT a system where you enter a trade when a turn point date arrives, but rather a predictive form of analysis. Use your own judgement about attempting to trade this as nobody ever gets every trade right.
Here is the MTD "inversion time window" expectation, using 96 lunar months to determine the rotation. Unfortunately, the Metatrader 4 I am using only has enough data to get 2 series from for 96 LM. Looks like MTD #1 will be a low as will #2.
I made a error on my post in the gbpusd thread regarding MTD. I shown 3 series, but one was of the wrong year, duh!
Originally Posted by Howdyy
Geppy has most likley confirmed its MTD bottom , so has the SP500 - if this rotation is correct - As far as sp500 is concerned - that early MTD12 would also indicate LTD bottom.
Went long here at 5945 as price moves to the #3 high due about April 21/22.
Bailed out for +29 pips because of negative price action on eurusd.
Originally Posted by Howdyy
Waiting for the #3 high now. Good week for me.
Rally under way. Looks like IBP high turn point is coming with the #1 being a low point.
Originally Posted by Howdyy
Will the rest of this week be up for gbpusd?
Last edited by Howdyy; 01-13-2013 at 03:57 PM.
Possiible trade for next week
Possible trade for next week. Go short the beginning of a down move next week.
Sell entry at 1.6022, stop 1.6105, just in case sell off starts over night.
Canceled entry order and went short around 6105. We'll see if the #3 high is in now. Bearish divergence on macd and price is up against the weekly R3 floor pivot.
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