Screen prediction (nothing personal, just screenshots and comments) - page 27

 

I'm in a slump - I'll bear it:

 
gnawingmarket:

I'm going through a slump - I'll bear it:

what patience will end:

...... In addition, the bank of England expects economic growth to slow down in the second half of the year. British GdP grew as forecasted in Q2 (+0.8%), but this is clearly not enough to support the falling pound. the central bank's next meeting is on August 7 - we will closely follow the regulator's rhetoric. recall that the referendum on separation from the uK will take place on September 18 - the proximity of this event is also a negative factor for the pound.


 

The eurodollar is not straightforward and unambiguous either:

.......подытоживая общую картину, заметим, что американские отчеты в минувшую пятницу оставили больше вопросов, нежели прояснили ситуацию.

The long-term forecast for the eur/usd will remain negative while the pair trades below $1.3530/$1.3600. Fundamental factors are not in favor of the pair.

The chart analysis and the fundamentals may overlap, but there is a fly in the ointment for the determined bears:

...... Bearish net positions on the EUR have reached a high since late November 2012. It implies that if the US data fails to live up to expectations, there is a risk of a sharp bounce in the pair as shorts close.


 

Going by the gauges:

 
gnawingmarket:

Going by the gauges:

I have mistakenly deleted my forecasting chart, but we can see that the development is predictable so far:

........... I don't like D1 - it's too long period - the whole August the pair is turning. I tried to use indicator strategy for M15 while I was in the next ban. On demo I see lifetime of trades on this strategy about a week. My virtual deposit of 1000 green almost doubled in a fortnight:

We'll see, it's too early to beat our chests, we're working.

 

I see from the new strategy, that the usdjpy pair activated the limit at 103.516, then sat the limit at 103.906 and 104---most likely to reach them as well. Those orders will be closed at 102.700 or thereabouts. I do not place T-bills and Takes in order not to confuse the broker - it will not run away into the forest, miracles do not happen, anyway, it will be able to reverse somewhere to the support:

 
gnawingmarket:

The new strategy has usdjpy activating the limit at 103.516, then Limit is at 103.906 and 104---most likely to reach it. Those orders will be closed at 102.700 or thereabouts. I do not place T-bills and Takes in order not to confuse the broker - it will not run away into the forest, miracles do not happen, anyway, it will be able to reverse somewhere to the support:

It is still possible to have time for the electric train to 102.500

 

You can buy up to 84

 

Getting ready to roll back:

 
gnawingmarket:

I see from the new strategy, that the usdjpy has activated the limit at 103.516, then I have set a limit at 103.906 and 104---most likely to reach them as well. Those orders will be closed at 102.700 or thereabouts. I do not place T-bills and Takes in order not to confuse the broker - it will not run away into the forest, miracles do not happen, anyway, it will be able to reverse somewhere to the support:

gnawingmarket:

It is still possible to have time for the electric train to 102.500

Too beautifully drawn extremum ........No way was it possible to resist here, not to throw the Crowd:

I'll risk withstanding the drawdown, although there is a risk-secondarilythe market goes to 105.5..... know a trader who withstands a drawdown of 200pp(!), I think even to break through resistance or after...the market needs to come back to the trade:


Reason: