Murrey Levels - this type of market analysis has been demanded by many traders for a long time. Whether you trade shares, currency or futures, Murray Levels perfectly apply to all instruments. Main principle of ML is that all markets move in a similar manner (which means that behavior of crowd determines all markets and thus they have similar characteristics).
Murray Levels are based on discoveries made by William Gann in the first half of XX century. As William Gann performed as an efficient trader, his technique seemed complex and intricate. But Mr. Murray simplified Gann's technique: he created a special geometrical system that describes price movement over time.
| 2016 | EURUSD | GBPUSD | USDJPY |
| 02 Septiembre | Four-hours chart of EURUSD. The pair is going through correction and broke resistance area formed by the four-hours and weekly SuperTrend lines. Breakdown of resistance area indicates a continuation of the current upward movement. Next goal is the main support and resistance level (4/8). To continu | Four-hours chart of GBPUSD. The pair has demonstrated a fairly strong growth. It was not just breakthrough of the major support and resistance level (4/8), but reach of the next level (6/8). Now this mark is holding the price, but it is worth noting that this is not the strongest level in the syste | The four-hours chart of USDJPY . The pair continued upward movement, but stopped at the Weekly SuperTrend line, from where it has bounced off downward. Nevertheless, the pair continues to hold above major support and resistance level 103.13 (4/8), so as a the main option is growth of the pair. N |
| 01 Septiembre | |||
| 31 Agosto | |||
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