EURUSD - Trends, Forecasts and Implications (Part 1) - page 1308
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Can you give us a hint as to the basis of this?
The Jenkins-Box method.
The Jenkins-Box method
Where can I read? Literature or links?
Where can I read? any literature or links?
no link, didn't need to, because there is a book:
Jenkins-Box vol. 1-2 "Time Series. Forecasting and Management"
On the pound, the 3rd wave of downward momentum clearly worked out. My target was 1.5037. Fool, put a trailing stop. Knocked out the stop at +23 points. As the 2nd one was a zigzag, with a pullback 61.8% of the 1st one, the 4th one must be a triangle, with a pullback, say, 38.2% of the 3rd one, i.e. it may not go higher than 1.5086. Targets of the 5th wave are on the picture. We are waiting for the end of the 4th wave. Let's check the forecast. I hope I did not miss anything.
Well clearly worked out the target.
joo wrote >>
>> 60 more points to go up anyway.
axel
EUROPEAN CURRENCY MARKET TECHNALYSIS: Pound expects more downward pressure
Dow Jones Newswires column by Francis Bray, MSc Technical Analyst /MSTA/
LONDON, March 9 (ANI). /Dow Jones/. Moving charts for 24 hours:
*The pivot point is calculated as the sum of the high, the low and the closing level, divided by three.
Ну четко отработала цель.
Неа, по-любому не получилось. Волны - великая вестЧьThe 5th wave worked out, so now it's up?
The 5th wave worked out, so now it's up?
In theory, yes, but! Only one impulse has been worked out. I do not know yet if it is wave 1, 3, 5 or C. So it may go down after a small correction. For example the 3rd wave. It might be another 100 pips down.
5-ю волну отработали, значит сейчас вверх?
1.3578.... rebound there are two fibo levels 62% and 38%Does anyone use Chaikin's fork? I'm watching it now. It indicates strong breakdowns and levels quite well.
Galina, you are letting us down. 161st place with a score of almost -60%.......((((