KnovaWave Reversal Methodology
Murrey and Gann - the cornerstone
A component of our methodolgy is mathematically defining support and resistance, citing market channels and angles,
potential inflexion points, and regressions from these points. We use Andrews Median Lines and Babson Action/Reaction Lines as their simplicity suits our ideals of
minimizing stress and secondly to search for points of confluence around key points of inflection.
Drawing Median Lines
Our reversal methodology determines points of confluence in both time and price within a probability
framework. Our reversal methodology utilises the following:
- Price
- Equilibrium Points
- Time
- Parallel Momentum Lines
- Points of Confluence
- Murrey?s 5 Circles of Conflict
- Speed Lines
- Fibonacci Lines
- Pattern Recognition
- Coils and Energy Zones
The Golden Rules of Reversal
- W.D. Gann set his trading strategy for any markets? reversals most frequently at 0.618 or the reciprocal 0.382 of any high/low price extreme over any given period of time.
- The T.H. Murrey ratio (MMRPM Murrey Math Ratio of Price Movement) equals 0.625 (reciprocal 0.375). This is the harmonic sound pitch change of any market set to the base of 10.
KnovaWave Methodology - Plan Components
To learn more about the other components of KnovaWave Methodology just click on the link below.
- Pivot analysis and market psychology around inflexion points.
- Pattern recognition reading the probability of future price action.
- KnovaWave Gann method in evaluating time and price and market cycles.
- Median lines using Andrews/Babson techniques and KnovaWave Medians.
- Fibonacci Techniques using mathematical repetition and prediction.
- Elliott Wave Analysis in determining our medium term view and for intraday analysis of inflexion waves.
- Murrey Math or Trading Range retracement and for evaluating turning points or reversal days.
- Bifurcation to recognize the market possibilities and opportunities.
- KnovaWave Reversal Methodology to recognize and profit from change.
- 80/20 Putting it together - having a truly profitable and disciplined trading plan.
KnovaWave - LEARN, PROFIT & ENJOY!
