Introduction

This section describes the standard format of the charts that can be downloaded for the 14 spot foreign exchange pairs. 

These pairs are:

AUD-NZD AUD-USD
EUR-CAD EUR-CHF EUR-GBP EUR-JPY EUR-USD
GBP-CAD  GBP-JPY GBP-USD
USD-CAD USD-CHF USD-JPY USD-NZD

Weekly predictions

All the weekly charts on this website have the following format:

The chart shows the GBP-USD weekly predictions for the week starting Monday 14th May 2018.  Remember that trading starts on the Sunday night at 5 pm New York time so these levels are valid from Sunday evening 5 pm through to Friday at 5 pm New York time.

Above the graph you can see the last weekly close and values for the long term trend channel top, middle, bottom and range for the week starting 14 May 2018 calculated by the VRM algorithm.  The range is just the distance between the top and bottom of the channel.  This range is the extent that the GBP-USD price can meander and still remain trending.  The top, middle and bottom of this channel are plotted in green on the graph for the last 50 weeks.

The blue vertical bar represents the week to come starting the evening before Monday 14th May 2018.

The graph also shows the high, low and close values for the last 50 weeks as vertical black bars with a red tab indicating the close each week.

To the right of the chart, you can see the week's starting date and the sequential 24 levels calculated by the VRM algorithm.  Important levels are colour coded.  These are the lowest H level, highest L level and S1 which is the sentiment level from the 1 week data set.

To the left of this column of 24 numbers are the red vertical bars with black tab that are a graphical representation of these 24 levels.  These red bars with black tab give a comparison of sentiment and range at the 8 different timescales.

To the right of this column are the top, middle and bottom of the long term trend channel for the future week and last week's close.  All these numbers are sequentially ordered from highest to lowest and nested into the 24 weekly VRM levels.

Daily predictions

The chart below shows the daily VRM levels calculated for the 24 hours ending 5 pm Monday 14th May 2018 New York time.  

The explanation for this chart is exactly the same as that for the weekly chart except now the blue curves represent the top, middle and bottom of the short term trend channel for the last 50 days.  

The last daily close and values for the top, middle, bottom and range of the short term trend channel for the 14th May 2018 are shown above the graph.  The short term trend channel range is the distance top to bottom and shows how far the market can meander and still be trending.

The blue vertical bar represents the day to come starting the evening before Monday 14th May 2018.

Overlaid on this graph is the long term trend channel in green.  You can see the collision of the top of the blue channel with the top of the green channel on 19th April.

The column of 24 levels shows the daily levels calculated by the VRM algorithm valid for one day ending 5 pm New York time.

To the left of this column of 24 numbers are the red vertical bars with black tab that are a graphical representation of these levels. These red bars and black tab give a comparison of sentiment and range at the 8 different timescales.

To the right of the 24 levels are the top, middle and bottom of the short term trend channel for the future day with the last day's close.  All these numbers are sequentially ordered highest to lowest and nested into the 24 VRM levels.

Find out how to use this information on a trading charting system using the link below.

Practice >