FOREX - Trends, Forecasts and Implications (Episode 18: August 2012) - page 460
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Maybe try his predictions on a demo?))
But ask him for a medium term forecast, otherwise he will start - 20 pips up, then 30 pips down)))
looks like the fairy tale is coming true now support is at 2330 (according to Article)
It's too early to say anything before Europe, and I'm more interested in the resistance at 2341 and 2352 than the support now.
It is too early to say anything before Europe, and I'm more interested in the resistance at 2341 and 2352 than in the support.
I should also mention that the market is not the only one, it is the only way to get the support.
According to his layouts the traded levels are not static, they appear where and when the level is traded.
So, there are no serious trades below 1.2352.
No serious trading below 1.2352 yet.
In fact, yes, but the step has been traded and it now serves as support for further action.
In essence, yes, but the step has been traded and it now serves as support for further action.
Not yet, but if they increase it then yes:
Not yet, but if they increase it then yes:
the level appeared on the last candle and the outflow after that was aimed at increasing the price, i.e. to the resistance cluster and we'll see how it turns out from there.
The level appeared on the previous candlestick and the pullback after that was aimed at increasing the price, i.e. to the resistance accumulation and we'll see how it will be.
The trades are not static, or rather their value is not static. For example, at 2380 we sold 100 contracts, at 2330 we closed 50, and at 2340 someone else bought or sold, so they "float")
Didn't Emo and Tantric treat him with watermelon yesterday?)))
Euro/Dollar important levels are: 1.2548, 1.2491, 1.2463, 1.2411, 1.2392, 1.2315, 1.2295, 1.2246, 1.2230 and 1.2193. Here, continuation of upward movement, we expect after the price passes the noise range 1.2392 - 1.2411, in this case the target is 1.2463, in the corridor 1.2463 - 1.2491 the price consolidates. We still believe the potential upside level is 1.2548, the movement towards which we expect after the breakdown of 1.2491. In the corridor of 1.2315 - 1.2295, short-term downward movement is possible, this range is the key support for the local upward structure. Breakdown of the level of 1.2295 will have a negative impact on the development of the upward trend on the scale of H1, in this case the first potential target is 1.2246.
Trading recommendations:
Buy: 1.2411 Take profit: 1.2460
Buy: 1.2465 Take profit: 1.2490
Sell: 1.2315 Take profit: 1.2298
Sell: 1.2290 Take profit: 1.2250
Article is correct, the trades are not static, or rather their value is not static. For example, at 2380 you sell 100 contracts, at 2330 you close 50, and at 2340 someone else buys or sells, so they "float")
The energy of each candle is different, one will do 100 points and will be "empty", and the other 5 points and it will be followed by a shot, because the accumulated energy has to find an exit in the direction where they try to "pump" it.