Hi everyoneI have been getting a lot from this thread and agree...

Hi everyone
I have been getting a lot from this thread and agree with you Lindfield that it would be a shame to let it dwindle. I will try to add a bit to the swing charting ideas Scilliams has been sharing.

'My next big leap will be trying to estimate the height of the next swing - something I have been singularly unsuccessful at so far - so any tips will be gratefully received.'

I have liked Gann's ideas on ranges for a long time.

These charts might give a way of forecasting possible future levels - I'm no expert but since I've been watching Robb and Scilliams I have dug my interpretation of Gann's methods out and guess what? They still help.

I realise that I had something that worked for me and then took it for granted and looked for refinements :) - still I will keep a few of them.

The idea is that you measure the first legitimate run out /swing from a basing pattern or major low/high.
Then project that run from the low of the retrace as you can see here on this weekly 2008 Low. Not too shabby eh?
the 233% pulled the rally up.



Gann used monthly, quarterly and yearly charts for a clear picture of trends and projections so here is the current market and an idea of possible targets from the swings on a monthly.



And here is the same idea on a current daily - note the zigzag swings are weekly swings.
Cheers
Raine