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.

2015 EURUSD GBPUSD USDJPY
28
August

The four-hours' chart of EURUSD. The goal at the top level of support nas resistance has been reached. This is the strongest level in the system, from which the pair has bounced up quite badly. Therefore, at the moment the primary expectation is resumption of growth of the pair. The first target

The four-hours' chart of GBPUSD. The target onf the main support level (0/8) has been reached. This is a very strong support level, passing which on the first attempt is not an easy task. Therefore, growth of the pair is our main expectation. Expected target is the intermediate level resistance (

The four-hours' chart of USDJPY . Movement in the channel (3/8 & ndash; 5/8) turned out not to be long, so exit from it does not serve as a prognostic event to us. The nearest goal of growth is the level 121.88 (6/8), after reaching which we can expect resumption of the downward movement targetin

27
August
26
August
25
August
24
August
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 .