Because I am in a particularly good mood I decided to put up a tutorial for the different price projection techniques and where they apply. Lets start with the simple projection for trending markets. This projection is used in a market in which the trade cycles do not retrace more than 50% and has a lower high or higher low formed. The amount of time the market has to reach the projection is the same amount of time as the last cycle duration. If the trade hasn't reached the projection in a proportional amount of time you have to take your profits. It isn't actually important to solve if the move is heading toward the 50% projection or 100% projection. Just analyze the price action of the move a few days in and decide toward the end of the move. Momentum calculations are much easier to solve once the move has progressed at least two days. Most people here are trend traders... They trade from the inside of the range outward toward the maxims. Personally I prefer to swing trade from the outside of the range back toward the middle as the odds are better.