EURUSD - Trends, Forecasts and Implications (Part 2) - page 72
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i don't really care ... i.e. it is clear what is there ... but the adaptation - my opinion - is both good and bad ... it means that once again there is a correction to the story ... and if the dynamics does not change, it will continue - then good ...
change in momentum = lag...
otherwise we should be able to see the future, which is not a given. We have a process - we have defined its dynamics, and yes, we really hope it does not change, just like a train, if it accelerates, it most likely cannot stop instantaneously, although changes in dynamics can also be tracked (track, speed, acceleration ...), we can see that the train stops and starts to move in a different direction, we do not know at what speed it will move, and how long it will roll in that direction, we also do not know. But we should try to jump in and ride the train until we see that the dynamics start to change.
Z.I. My indicator showed Wednesday train reversal + last quarter of the fiscal year + something about the debt in Europe on that day. To me this is a signal to go long, no shorts. If i am right time will show and will put everything in its place, probably till mid September if it will not turn red, i will consider entries only in buy on this pair.
If i don't know what i think the market will look like, i don't know what to expect.
One of the DCs opened at 1.2560, now 1.2554.
So you could say there is no gap.
note the CADCHF chart
is everyone so interested in this gap?
note the CADCHF chart
Possible pullback to this area, high probability. Good entry.
Possible pullback to this area, probability high. Good entry point.
Thanks for the confirmation:)))))
http://img404.imageshack.us/img404/2102/eurd1.gif
As much as we would like to be in the third wave, but unfortunately or fortunately I can say that it has not started yet. The MACD move to the plus signifies the end of the whole falling wave from the level 1.51 and most likely, this is only the first wave. At the moment the second wave is in progress.
The eura wickly. Take a look at the line chart of the euwerkli (last 4 weeks segment), it clearly shows a three-wave structure at the moment - finished or not it will show only the end of this week, but you should pay attention to the MA100 and the neckline - all this gives big chances that only the first wave of the euw falling is finished and not the whole falling.
http://img693.imageshack.us/img693/8586/eurw1.gif
Euras H4
http://img3.imageshack.us/img3/567/eurh4.gif
let's see ALT_3 (I will put it in order after the full confirmation)
Since we are in a higher order wave (2) than previously thought, in which case we need a breakdown/piercing of the upper line. The reversal targets are 1.2730, but before the (3)-event they might make a false move up by a couple hundred pips (a long intraday spike for instance).
GBP H4:
http://img638.imageshack.us/img638/4549/gbph4.gif
https://www.mql4.com/go?http://img404.imageshack.us/img404/2102/eurd1.gif
As much as we would like to be in the third wave, but unfortunately or fortunately I can say that it has not started yet. The MACD move to the plus signifies the end of the whole falling wave from the level of 1.51 and most likely, this is only the first wave. At the moment the second wave is in progress.
The eura wickly. Take a look at the line chart of the euwerkli (last 4 weeks segment), it clearly shows a three-wave structure at the moment - finished or not it will show only the end of this week, but you should pay attention to the MA100 and the neckline - all this gives big chances that only the first wave of the eu fall is finished and not the whole fall.
https://www.mql4.com/go?http://img693.imageshack.us/img693/8586/eurw1.gif
Euras H4
https://www.mql4.com/go?http://img3.imageshack.us/img3/567/eurh4.gif
let's see ALT_3 (I will put it in order after the full confirmation)
Since we are in a higher order wave (2) than previously thought, in which case we need a breakdown/piercing of the upper line. My targets for the reversal are around 1.2730, but before the (3)-event they might make a false move up by a couple hundred pips (a long intraday spike for instance).
GBP H4:
https://www.mql4.com/go?http://img638.imageshack.us/img638/4549/gbph4.gif
interesting forecasts....looking down myself....but from where is the question....let's see from the market...