EURUSD - Trends, Forecasts and Implications (Part 1) - page 781
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>> it's going downhill, man.
Sabluk, you?
No, it's just that very few people know how to work the wave markup. To be able to work on it, you have to be able to draw it wrong, but in a very tricky way wrong, nobody knows how. Because if you do it the right way, you'll definitely sell out. That's the negative. It's easier to trade on the move of price than to cheat and go through the ass.)
Stsko ) I'll make myself a T-shirt with these words and use it for trading ;)
The EURUSD sentiment is so far in favour of selling. But at the American session something may change, but for now I see the situation as follows...
Strong attraction level for the price around 1.4470...
I suggest thinking about the fact that yesterday's rate decision did not lead to any further trend movement.
Doesn't that mean we will go up in the next few days?
I have already bought with a short stop.
Are you from the future?
FOMC Interest Rate Decision / FOMC Rate Decision
16 Dec.
The pivot point is at 1.4566.
Base scenario: SELL below 1.4566. Target is 1.4474 and 1.4412.
Alternative scenario: an upside break of 1.4566 would open the way to 1.4628 and 1.4721.
на 16.12.2009
Точка разворота находится на уровне 1,4566.
Базовый сценарий: ПРОДАВАТЬ ниже 1,4566. Цель - 1,4474 и 1,4412.
Альтернативный сценарий: прорыв вверх уровня 1,4566 откроет путь к 1,4628 и 1,4721.
Based on what? My calculations are quite different....