[Archive!] FOREX - Trends, Forecasts & Consequences (Episode 12: February 2012) - page 59
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Let's say an upwards momentum and then a 60-80% correction of the overall move up from 1.26. Margaret, where's the firewood coming from?)))
And on the pendulum?))
What kind of wood?
About the upward movement.
The experts could not answer otherwise about volumes, they understand it too literally, i.e. how much was invested in buying or selling. From that point of view, they are right - it only works that way in the commodities or stock markets.
I think that it probably does not follow any square (triangle) - it is just a myth (I saw a Gann chart somewhere - trends, Fibo - it worked then) - now it is a scam for a paid study.
I was thinking along the same lines, and if I don't have the brains to analyse it, I will think that way later, but until the work is finished, it is too early to
to draw conclusions, especially as there's nothing worse than unfinished business.
but it's unlikely that you'll make any money from it...)) (I'm reading about cannabis now.....)
cannabis helps here for what, there is a chip, print out an hour chart of the euro on A3 paper format in the centre draw a circle cm 2-3 hang it on the wall and look for ten minutes just a circle, sparks hairs and any devils that appear around the circle do not pay attention to, after five to seven minutes begins visions and glitches and see the continuation of price movements )))) practice development clear vision ))))))))
I was thinking along the same lines, and if I don't have the brains to analyse it, I will think that way later, but until the work is finished, it is too early to
to draw conclusions, especially since there's nothing worse than unfinished business.
cannabis helps for what, there is a trick, print out an hourly chart of the euro on A3 paper format in the centre draw a circle cm 2-3 hang it on the wall and look for ten minutes just at the circle, sparks hairs and any devils that appear around the circle do not pay attention to, after five to seven minutes begins visions and glitches and see the continuation of price movements )))) practice development clear vision ))))))))
About the upward movement.
The experts couldn't have answered otherwise, they understand it too literally, i.e. how much was invested in buying or selling. From this point of view, they are right - it only works that way in a commodities or stock market.
"my friend the trend".
As for the volumes - it is unreal to know the whole picture, at least because of the fact that on the spot market there are at least 5 market makers and they need to unite to make the volumes objective + at any moment a bank, a hedge fund or just a big investor can enter (for a while) - it is impossible to predict. On the other hand, futures, stocks, bonds, options, etc. have their own term, officially registered, you cannot just go in and out, unlike the currency market...
I talked to traders who have been working for more than twenty years and to their management and a group of specialists was asked this question online.... In principle, as I had previously thought, nothing has changed. The answer is: no one, nowhere and never keeps track of spot (currency) markets, because they are not regulated by anyone, the volumes are only recorded on the stock and bond markets, and no one knows how many positions there are on the currency market and no one takes them into account. Occasionally some volumes coincide with the currency situation, but it is an accident...
What do we have now? The level of the largest deals of the last(this) week is 1.3170. It was stormed twice today, the last time we approached it with increasing of tick's or synthetic volume (let's call it so not to cut an ear of specialists))), but declined. Conclusion - we are waiting for him to storm:
I talked to traders who have been working for more than twenty years and to their management and a group of specialists was asked this question online.... In principle, as I had previously thought, nothing has changed. The answer is: no one, nowhere and never keeps track of spot (currency) markets, because they are not regulated by anyone, the volumes are only recorded on the stock and bond markets, and no one knows how many positions there are on the currency market and no one takes them into account. Occasionally some volumes coincide with the currency situation, but it is an accident...
So everyone looks at futures, spot and even forex is not possible in principle.