FOREX - Trends, Forecasts and Implications (Episode 5: July 2011) - page 212
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I look at PAMMs, a lot of the "toughs" have gone down or lost. they are used to fucking corrections.
What kind of toughs?
I look at PAMMs, a lot of the "toughs" have gone down or lost money. they are used to fucking corrections.
What kind of correction are we talking about?
The market is bouncing, it looks like history repeats itself = crisis, but I have doubts about the outcome, during the last round of crisis the market fell, and this time it may be only the dollar will fall, and that only to write off debts, I think it is for a reason that raw materials and metals have risen in price.
Thanks to everybody, who bet with me on the blue butterfly, found in https://www.mql5.com/ru/forum/134379/page195, it was exactly as the theory predicts, 1.27 level on the second line of the first wing (those weird 1.27, not the "golden" 1.23, that's a "magic phybe" for you). It was a great day's play, love it when everything is clear on technique and predicted in advance.
I like it when everything goes well with technique and makes good predictions.
Butterfly pattern is a reversal figure and after its execution the reversal is inevitable, like the collapse of capitalism. Where we go now, it is clear, to the south. What are your views, how much of a correction in this move?
Thanks to everybody, who bet with me on the blue butterfly, found in https://www.mql5.com/ru/forum/134379/page195, it was exactly as the theory predicts, 1.27 level on the second line of the first wing (those weird 1.27, not the "golden" 1.23, that's a "magic phybe" for you). It was a great day's play, love it when everything is clear on technique and predicted in advance.
I like it when everything goes well with technique and makes good predictions.
Butterfly pattern is a reversal figure and after its execution the reversal is inevitable, like the collapse of capitalism. Where we go now, it is clear, to the south. What are your views, how much of a correction in this move?
1,4320
Drew a couple of wolf waves on the last trend on the hourlies, both have a target of
1.4020
When there are two of them, the strength of the forecast doubles, I reckon.
I look at PAMMs, monitoring, a lot of "tough guys" are down or gone. used to fucking corrections.
And this is the projected descent through the Canadian, 500 points could go, but how fast, that's the question)
What next?