What if you had a forward-looking indicator to help you determine where the market is, across markets across all ranges?
What if this indicator also helped you determine if a currency’s trend would continue?
Do you think this indicator would be of great help in your operations?
You can bet it does!
I would like to introduce you to my reactive trend numbers. Also known as TRN.
Reactive trend numbers are the main turning points in currency markets
The trend reactionary numbers are what the inner circle also called magic numbers. I have developed these numbers over the years working with several different wave systems. These are my variation of the Elliot Wave with defined points. They are based on a Fibonacci wave count that I developed and they are very, very accurate. These points float and are always changing. I reset them as soon as the market restarts and it gives me the signal that a wave pattern has ended. I do not manufacture these points that the market does.
These points are the trump card of the entire deck to coin a phrase. I’m always looking to work on these points and see how the market reacts to them. These points are a forward-looking indicator. You can exchange these points independently as a completely separate system.
Markets always move from Euphoria to Dysphoria (everything always goes back to Middle, as I say in my book). I will buy these levels as support with 35 pip s / l, and will also reverse if they fail. I will also sell them as a resistance with 35 pips s / l and reverse if they fail (this is the general rule of thumb, each coin has its own harmonic wave, for example the British pound is about 43 pips. And find the average true range of the last 20 days).
So if we get close to a downtrend reactive number, I’ll buy it and see how the market reacts. If I see that it fails, I will be short if the market breaks 35 pips below it. I look to go from one TRN to the other. The same on the upside it will sell on a TRN and see if it holds, if it breaks above it it will hold long (reverse My position) Looking to move to the next Trend Reactive Number.
Here are some reactive trend numbers for the month of December 2010. (I plot these points for all major currency pairs and related crosses. Cross pairs such as GBP / YEN, GBP / NZD, EUR / YEN, EUR / GBP, AUD / YEN, AUDCAD, etc. They are extremely accurate).
Just plot these points on your graph and you will see the power of them. They usually last between 3 and 6 weeks.
Euro / $ GBP / $
1.4368 1.6448
2.1.4182 1.6225
3.1.3883 1.6012
4.1.3668 1.5777
5.1.3577 1.5555
6.1.3221 1.5328
7. 1.3032 1.5110
8. 1.2678 1.4979
9. 1.2512 1.4530
These points were again delivered on November 27, 2010, go back to your charts and record them to see how having this forward-looking indicator could improve your trading performance.
