Market theory - page 128

[khorosh]

Yousufkhodja Sultonov:
What is wave B?

A term from wave market theory. You can read it here.

[Yousufkhodja Sultonov]

khorosh:
A term from wave market theory. You can read it here.

Do you believe in such fantasies too? When we stated that, even with the low of the day, the market remained bullish, it was quite obvious that, the move down was a correction of the uptrend and the price would recover.

[khorosh]

Yousufkhodja Sultonov:
Do you believe in such fantasies too?

I do. Only it is difficult to automate and sometimes difficult to analyse. But in some situations you can quite reliably foresee a reversal. And the fact that the market is bullish can be seen without your charts. It has been bullish on the daily chart since May 27.

[Alexey Burnakov]

Yousufkhodja Sultonov:
Do you believe in such fantasies too? When we stated that, even at the low of the day, the market remained bullish, it was quite obvious that, the move down was a correction of the uptrend and the price would recover.

There is truth in that.

[Yousufkhodja Sultonov]

At 19:00 MSK on the Pound/Dollar, Price dropped the Bears image and took the Bulls image, and the Market took the Bears image, dropping the Bulls image. But, now, the Lion is going to chase the bull market down, which happened afterwards. Indeed, Leo has done wonders for the market, organizing the trade around the 3rd, global break-even level himself:

By 22-22 MSC, Leo is already down as we anticipated:

[Yousufkhodja Sultonov]

These are the price levels at which the Friday trading session of 12 May 2015 ended:
Pound/Dollar

Euro/Dollar

[Vizard_]

Yousufkhodja Sultonov:

Indeed, Leo has done wonders with the market, organising the trade around the 3rd, global break-even level himself:

Looked. Saw. Price is not a steady girl, she walks with whomever she wants)))

[khorosh]

Vizard_:

I looked. Saw. Price is a girl not permanent, go out with whoever she wants ))))

Why didn't you mark the discrepancy at the end of the chart?

[Vizard_]

khorosh:
Why didn't you mark the discrepancy at the end of the graph?

I ran out of arrows... Leo is steering the market so dopey that you can't get any arrows ))))

[Yousufkhodja Sultonov]

khorosh:
Why didn't you mark the divergence at the end of the graph?

Let there be divergences or convergences, that is of no concern to us. We, guaranteed, know that, Leo will not get it wrong in the end.