Robert24

XAGUSD RIGHT DIAGONAL MANIA

FX:XAGUSD   Silver / U.S. Dollar
2
This is a study in right diagonals. 4 key points are needed in an X. I draw X's between all the major and medium diagonals...then the key idea is to turn them into RIGHT diagonals. Everything is 90 degrees to each other.
The strangest thing happens when you do this. Circles that were ellipses become perfect circles.
What I do is pick one central point that looks like it could (with an ellipse shape) hit at least 2 points on the arc. Then from the SAME CENTER I increase the size of the ellipse to see if other 2 point hits occur with EXACTLY the SAME ellipse shape, (ONLY SIZE CHANGES, not shape, or aspect, or eccentricity). After I find multiple 2 point hits occur, from various ellipse SIZES, then I use AUTOscale and zoom in and out until the ellipses are close to circles...sometimes I will turn Autoscale off and NO scale LOCK...and try to make the circle shape. When they are close I use the projection tool and lay it over the key center point and size it to a large circle. I then fine tune the zoom until the circles are proper.
After all that what the "H' am I doing.
Well... when the chart is set to the correct scale for Ellipses INTO Circles...then strangely...the RIGHT Diagonals ALSO work out. Hmmm???
This is a long shot prediction. I used cloning techniques with angles, distances...and most important for this test...it was the right diagonals used to get to the final point.
I also reset the channels to match the point. They do look better now...but...I don't set the prices or the times.
So..this is only my speculative testing. If it's perfect...then I'm a genius. LOL
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