EURUSD - Trends, Forecasts and Implications (Part 2) - page 1559
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40% of the 20 years the eu has been above 1.30 and 60% below 1.30. Looking for an equilibrium price...
The eu is not yet 20 years old)))
US GDP has fallen relative to the forecast, and is actually rising for the 4th quarter in a row.
Well, things change sooner or later)
Eura is not yet 20 years old)))
look at the chart it has been on the interbank since 1989)))) . It was not in cash))))
Look at the chart - it has been on the interbank market since 1989))))
Imho this is a fake (made-up story), look better at the real one - since 2002.
So it was the forecasting analysts there who made the forecast from the ceiling.
They're always doing everything according to plan)))) And you're already combining Wolf and Gunn))))
Imho this is a fake (made-up story), look better at the real thing - since 2002.
"The euro was introduced to the world's financial markets as a settlement currency in 1999, and banknotes and coins were introduced in cash circulation on 1 January 2002. The euro replaced the European Currency Unit (ECU), which had been used in the European monetary system from 1979 to 1998, at a ratio of 1:1" - from wikipedia. IMHO)))
It looks very much like a reversal has taken place. How long - I don't know, I prefer to follow the trend dumbly.
And why sell at the close of the candle, you could have waited for a pullback at the next one.
"The euro was introduced to the world's financial markets as a settlement currency in 1999 and banknotes and coins were introduced on 1 January 2002. The euro replaced the European Currency Unit (ECU), which had been used in the European monetary system from 1979 to 1998, at a ratio of 1:1" - from wikipedia. IMHO)))
Yes, but the ECU was not traded in the forex, there were marks, francs etc. I don't trust this story which appeared "afterwards".)
The problems of one European country did not affect the whole of Europe before, but only the country itself, and after the euro was introduced, the "ass" of Greece or Portugal "shits" on the whole of Europe).
strangerr so the formula you are using is
((Root(opening price*100000)-2.24))^2/100000 is -90 degrees etc, just a question where you get the starting price
And why sell at the close of the candle, you could have waited for a pullback at the next one.