Picture of the author

Thomas Murray is a theorist of modern trading who made researches of W. Gann more comprehensible and more applicable in practice. Murrey Levels are efficient in determination of price of almost any financial instrument.

Murray levels analysis

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
22
April

Four-hours chart EUR USD. Yesterday both bulls and bears surprised us. In the first half of the trading day, the situation had been developing as per the basic scenario. Bulls had been holding the price above the Day SuperTrend Line and pushed the price up. But upon reaching the new local High, b

Four-hours chart of GBPUSD. At at the second attempt, buyers had tried to cross the main resistance level (8/8). The price had entered an overboughtness area and quickly left it, whereupon it pulled back to (7/8) again. Nevertheless, buyers managed to keep the support area. So far, our main expec

The four-hour chart of USDJPY . Resistance on the Day SuperTrend line was broken. So, the plan with decline was canceled. An upward corrective pullback is our main expectation. From the current positions, the pair can make a downward roll back to the line of Day SuperTrend and already from it it

21
April
20
April
19
April
18
April
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .