FX:AUDUSD   Australian Dollar/U.S. Dollar
1036 24 16
This CLONING technique begins with a circle drawn around distinctive high /low swing points, then I placed a rectangle ( square             ) with the 4 sides touching the outer circle edges. I CLONED the rectangle/circle and placed them side by side. Diagonal trend lines are drawn corner to corner of rectangles and I also placed horizontal trend lines across all mid point of rectangles, in the process we end up with diamonds and triangle shapes. I have not used this particular technique before but after testing a few charts it looks promising. See below a chart of the EURO             , but on the EURO             chart I left out the circle CLONES. I have put 2 arrows on this chart showing 2 possible near term scenarios. I will be following this chart and others to see how things work out going forward using this technique. CLONING should be used with other analysis for confirmation.
.... this Cloning analysis turned out reasonably well, only thing is that the ellipses do not maintain their position within the boxes so it's best to leave them out.....looks like price is heading down to about .80 near term

snapshot
Reply
....nicy:)
Reply
How about using the Gann Box for these clones?
snapshot


Here is a historical chart with the DOWI I'm working on.
Reply
QuantitativeExhaustion QuantitativeExhaustion
Looking for confluence. Seems there is a strong correlation <90 with planetary-sun conjunctions/oppositions (Pluto, Venus, Jupiter, Uranus) and fibonacci/gann cycles. Observations thus far, gann/fibonacci confluence, gives us future support/resistance for price and time.
Reply
This is definitely a technique that I've never came across before. It also looks and sounds good enough to work, since we all know how markets work in cycles and tend to repeat themselves.

Is there any reference to this technique or did you come up with it on your own?

Looks very interesting, and might have potential, Although I would venture that this works better in daily/weekly time-frames, to smooth out any price noises. Don't you agree?
Reply
@RedStaR, this is my own technique,I got the idea that price movements and patterns more often then not rise and fall with equal distances(measured moves) and fractals have a lot to do with this technique.I do agree that it works best on longer time frames.There is more explanations on cloning and some sample charts on this link
TSLA CLONING targets (daily)
Reply
Wow very beautiful chart :)
Reply
nmike MOD ForexPic.com
thanks
Reply
Okay, now I am sold on this thesis; just fanstasic work! Sincerely, Beauty
Reply
Just found this great web site. First post. I saw your chart as soon as came here. And it spoke to me. Great work. Thanks for sharing. Knowing "when" to trade is key. Because when "time" is up, look out. Thanks again.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out