[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 7: September 2011) - page 57
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With a demo it's no shame
With a demo, it's no shame
I get it, you want to be a virtual millionaire.
No, but there is even less desire to go down from the real, I myself trade hands without these toys just decided to poke around at my leisure.
Hourly 1.3678
A look at the USDCHF pair. " The -zig-zag-[a]-[b]-[c] pattern isprobably complete. What could be next? 1-variant, the price will decline as a 5-wave and update Low-0.7067. 2-variant, the correction continues and the price will decline, forming a [x]-wave-coupling, then the decline, will work off Goals-1-2-3 (see the chart). At the moment, the options "price declines as a 5-wave" and "correction continues" will move synchronously, DECREASING the USDCHF exchange rate.
A look at the USDCHF pair. " The -zig-zag-[a]-[b]-[c] pattern isprobably complete. What could be next? 1-variant, the price will decline as a 5-wave and update Low-0.7067. 2-variant, the correction continues and the price will decline, forming a [x]-wave-coupling, then the decline, will work off Goals-1-2-3 (see the chart). At the moment, the options "price declines as a 5-wave" and "correction continues" will move synchronously, DECREASING the USDCHF exchange rate.
A look at the USDCHF pair. " The -zig-zag-[a]-[b]-[c] pattern isprobably complete. What could be next? 1-variant, the price will decline as a 5-wave and update Low-0.7067. 2-variant, the correction continues and the price will decline, forming a [x]-wave-coupling, then the decline, will work off Goals-1-2-3 (see the chart). At the moment, the options "price declines as a 5-wave" and "correction continues", will move synchronously, DECREASING the USDCHF exchange rate.
This is no longer the case and it cannot be: you are not paying attention to the fundamental analysis and force majeure on the CHF:
The EURCHF is fixed by the Swissy at 1.2000 and is now dancing around
USDCHF, accordingly, can not move in any way, ignoring this fact.
USDCHF = EURCHF/EURUSD = 1.2/EURUSD Therefore the pair will move in the opposite direction to EURUSD with a ratio close to the constant 1.2
And while the EURUSD is going down, the EURCHF will be going up. In order to reach your 1 target at 0.8219, EURUSD must become 1.4600, which is a very optimistic forecast.
... Also, I see a very different Elliot decomposition of the pair, I think your use of force majeure as a correction impulse is fundamentally wrong (because force majeure. The movement is correct, but the speed and strength of this movement-excessive, which creates harmful illusions) and in my opinion, the franc has only one path for the near future - to fall
Your forecast worked like clockwork on the Eurobucks on the pullback down.... do you think it will go further up? have you been trading in waves for a long time?
This is no longer the case and it cannot be: you have not paid attention to the fundamental analysis and force majeure on the CHF:
EURCHF is fixed by the Swissy Central Bank at 1.2000 and is now dancing around
USDCHF, accordingly, can not move in any way, ignoring this fact.
USDCHF = EURCHF/EURUSD = 1.2/EURUSD Therefore the pair will move in the opposite direction to EURUSD with a ratio close to the constant 1.2
And while the EURUSD is going down, the EURCHF will be going up. In order to reach your 1 target at 0.8219, EURUSD must become 1.4600, which is a very optimistic forecast.
... Also, I see a very different Elliot decomposition of the pair, I think your use of force majeure as a correction impulse is fundamentally wrong (because force majeure. The movement is correct, but the speed and strength of that movement-excessive, which creates harmful illusions) and in my opinion, the franc has only one path for the near future - to fall
.....)))) Thank you, laughed heartily.... You, lifted my spirits..., thanks again.... I do not understand what the contradiction is.... I have presented my view of the situation in two ways? I think also, we go down ( just in case, "down" ....))))...)
What you call Force Majeure, to me it is a 3-wave, which is always an impulse and easily predictable....)))) (will have to remember the new name in wave analysis - "force majeure")
See a different wave layout, yes for GOD's sake, I don't mind....)))). Only against the misspelling of the surname of the father of Wave Analysis, spelled Elliott.