faylee
Long

Time and Price calculation -- Not for Trade, not very accurate!

OANDA:XAUUSD   Gold
972 14 40
2 months ago
This chart only for analysis, not for trade.
a month ago
Comment: remember this chart? under another post of mine. It's about the calculation of the retracement from $1274. At the time 0.618 is only a given fibo retracement target.
And according to 0.618 retracement level, it'll take 57bars, the price target is $1256.
snapshot
a month ago
Comment: sorry, this is the previous chart i was talking about
snapshot
a month ago
Comment: However, the retracement seems done at 0.5 level.
It took 48bars to reach the target 1260.
Then, I use it to calculate the Time and Price for next leg. See the chart below:
1.618 is a given fibo target level.
snapshot

The chart is only for analysis, not for trade!
a month ago
Comment: This is the updated prediction
snapshot
a month ago
Comment:
snapshot
a month ago
Comment: $1307 is crucial and to bears, well worth a bet here, but NFP & the Election is coming, so it's still gambling. If after NFP can't get through $1307, there's no "E" on my last chart. only ABC structure completed, and may retrace "(D)".
SungPLM
2 months ago
no idea waht that means 175x2.618=283?
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gfeng
a month ago
the chart is very good
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faylee gfeng
a month ago
thank you:)
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KanokpojThongjub
a month ago
thank u
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faylee KanokpojThongjub
a month ago
welcome
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Soren_S PRO
a month ago
You're doing a great job! thanks for sharing your ideas with us.
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faylee Soren_S
a month ago
thank you:)
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VirtualFax
a month ago
Well said re $1,307 level
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faylee VirtualFax
a month ago
yes:)
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VirtualFax faylee
a month ago
But what's in your view is important about 307? I know at least 3 different opinions about it.
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faylee VirtualFax
a month ago
this is only analysis chart, as for trading,follow up the trending closly, watch the signal and price action.
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dturtle712
a month ago
holy crap faylee, your oct 25 chart is uncanny, amazing! Does the time&price extrapolation have a name? or are you developing it youreself.
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faylee dturtle712
a month ago
haha,it's nothing new, price and time related, They're similar, price has its wave, so does the time frame.
Reply
faylee dturtle712
a month ago
And that's why waves are moving in cycle.
Reply
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