Why So Many Lines?
Price Occurs in Multiple Dimensions
From time to time someone on Twitter questions why a particular chart has so many lines on it. Often these questions are more rhetorical or mocking than genuine. Setting that aside, there are some who have a genuine interest in what the answer to the question is. The short version is that price occurs in multiple dimensions. To represent the . . .
Gold: A Wider Angle
Over at Twitter you can often find various charts, analysis and support/resistance levels that don't appear on this site. It's often just easier to post the information in a quick, timely manner over there.
However, it's also useful, from time to time, a pull back a little to take a wider view of things - in . . .
Gold and Charting Note
One of the things that people criticize technical analysts - aka Chartists - over is random lines. It is an often valid criticism.
Honestly, charts can be a bit like numbers and statistics - they can be twisted to represent whatever point of view one holds.
That's why it is important to remove any bias from charts and . . .
Pi and Cycles
In case you hadn't heard, today is Pi Day. Yes, Pi, the number that starts with 3.14 and goes on forever and ever. Martin Armstrong, aka The Forecaster, became famous in the investing world for his use of Pi to discover Cycles. However, while Pi and Armstrong have achieved fame in certain circles, not many understand the role of . . .
Gold Churns, Will it Burn?
Since the big leap upward in the gold price over $1,260.00 a few weeks ago the price has churned higher, lower, higher...
There is no denying that gold has made a good move from under $1050.00 to above $1,280.00, but in spite of all of the sound and fury, there hasn't necessarily been a definitive movement signifying . . .
Plumbing the Depths of Gold
If you came to see this post expecting to be told exactly what you're looking at, which direction the market is going and how this chart works, you're going to be disappointed.
But, if you don't mind exploring new ideas, and plumbing the depths in search of a deeper understanding of the forces that move cycles, which in . . .
Gold Support and Resistance Lines
Some people will complain when they see a chart with a lot of lines. What those who complain fail to realize is that more lines can help reveal the hidden structure of price for a given market.
At a later date we'll look into the more esoteric structure of prices. Let's just say for now that the sometimes preferred clean, . . .
Cover image credit: http://pixabay.com