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
15
Abril

Four-hours chart of EUR USD. The main support and resistance level (4/8) was reached. Here I would like to draw attention to the fact that the price did not rebound from this level, but continues to consolidate. Usually, it anticipates breakdown of this level. In addition, the price is pressed by

Four-hours chart of GBP USD. The last night no fundamental changes were recorded on the chart. The pair has broken a major support and resistance level (4/8) and now is consolidating below that level. So, decline is most likely option. The level of support will be fiercely protected by bulls and i

The four-hours chart of USD JPY . In general, the pair met our expectations. The pair came from four-hour SuperTrend line to the Daily SuperTrend line, from which it has bounced down. Given that the overall trend is down now, it is justified to expect resumption of the downward price movement. Bu

14
Abril
13
Abril
12
Abril
11
Abril
Close
Entrar
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.