Friday, July 24, 2009

July 24 - GBP USD : ITD 5 High is In


ITD 5 high is likely IN at 1.6585 as today's candle has closed (London closing time) below the low of signal day (below 1.643).

MTD rotation is still unclear since it's still not totally out of inversion time period. ITD rotation slowly gets more clear and out of inversion time period.

Intermediate Term direction is DOWN to ITD 6 low due on average July 30.

4 comments:

Tony Gold said...

I can do an intraday count that is accurate to the hour. Can send you a .gif file for cable if you are interested. I am not a Delta user but you will see the similarities with your method. There was a shift of three hours on the new moon July 22, which was interesting.
Mail to terton1@live.com.

Anonymous said...

Hi, C
I have read a little about delta, but just a start.
In the book, it is said that
the 1 comes just after the orange line
2 just after the green line
3 between the green and red line
...
11 on the orange line
so it is different with your chart, can you explain to me why? how do you draw your period lines?
merci.

Anonymous said...

sorry, i see the problem
the position of 1 is different in different market....

Unknown said...

Thanks C for sharing your hard work. Will be watching this closely.

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