What price do you expect for EUR/USD at 2014.12.31?

 
  • 10% (6)
  • 3% (2)
  • 0% (0)
  • 8% (5)
  • 10% (6)
  • 23% (14)
  • 18% (11)
  • 13% (8)
  • 5% (3)
  • 2% (1)
  • 0% (0)
  • 3% (2)
  • 5% (3)
Total voters: 61
 

The idea here is to test our knowledge of MT5 to forecast, doing a practical exercise of strategic vision , or perhaps numerology ;-)

Below I created a screenshot with the several prices options.

You can vote until 2014.03.01 and comment your vote, if you want.

From the results , I will create a quantitative model and the topic forecast, and publish the formula here to adjustments, if necessary .

MetaTrader Trading Platform Screenshots

EURUSD, MN1, 2014.02.01

MetaQuotes Software Corp., MetaTrader 5, Demo

EUR/USD Forecast for 2014

EURUSD, MN1, 2014.02.01, MetaQuotes Software Corp., MetaTrader 5, Demo


 
Analyzing only graphically  the EURUSD, if it does not happen unusual nothing this year, or against the Dollar, or the Euro, I believe that if price crossing to down of 1.33000, also crossing  below the SMA 14, with Stoch indicator in overbought level (80) with direction downward , this year the price may end in the support of the candle  PINBAR  minimum in 1.26000.
Price chasing this year 2014 between the trend lines up and down the triangle (blue lines), no breakout to up or to down. This is my opinion!
 
PauloBrasil:
Analyzing only graphically  the EURUSD, if it does not happen unusual nothing this year, or against the Dollar, or the Euro, I believe that if price crossing to down of  1.33000, also crossing  below the SMA 14, with Stoch indicator in overbought level (80) with direction downward , this year the price may end in the support of the candle  PINBAR  minimum in 1.26000.
Price chasing this year 2014 between the trend lines up and down the triangle (blue lines), no breakout to up or to down. This is my opinion!
Paulo, thanks, this graphical big picture of EUR/USD shows very well the decisive moment, since the subprime crisis at 2008, and in a very clear way.

And, some unusual factor, as you point out, can leverage the price movement since it can break this convergence and lateral trend.
 

We have the first Topic Forecasting for EUR/USD at 2014.12.31, as pictured and figured out below (1.4021).

The formula is quite simple, using the average price proportional to the voters of the range. Feel free to suggest another formula or adapt this one.

By now, thanks to all 48 participants.

1.9000 4 1.9500 7.80
1.8000 1 1.8500 1.85
1.7000 0 1.7500 0.00
1.6000 4 1.6500 6.60
1.5000 6 1.5500 9.30
1.4000 12 1.4500 17.40
1.3000 7 1.3500 9.45
1.2000 7 1.2500 8.75
1.1000 1 1.1500 1.15
1.0000 1 1.0500 1.05
0.9000 0 0.9500 0.00
0.8000 2 0.8500 1.70
0.7000 3 0.7500 2.25
48 67.30
Forecasting 1.4021

 

MetaTrader Trading Platform Screenshots

EURUSD, MN1, 2014.02.09

MetaQuotes Software Corp., MetaTrader 5, Demo

Topic Forecasting

EURUSD, MN1, 2014.02.09, MetaQuotes Software Corp., MetaTrader 5, Demo



Reason: