Disliked{quote} Hello sir. Would you please be able to post a side by side chart which proves your theory? A chart would make it much easier to verify don't you think?Ignored
@MaxDoom hehe nice one. Your candles remind me on Ricky Gervais show, the bull candle is Karl Pilkington, and red candle is Ricky, where it ends with: Play the record, you are an idiot
@saver0 Thank you for link, interesting. I am personally ok predicting currency direction simply from PA and analysing all of its pairs or just from CHF index, but i was thinking maybe would be interesting to develop some sort of grid system that could predict targets per CHF -index currency that could be then applied to any pair of that X currency so that targets and bounces and be expected not from only X pair but also from index of that currency aswell to back up theory. Your heatmap is doing something similar but it doesnt have targets in i think. Gona think it trough today.
@vlady from my perspective move on USD is technical move, and especially if you cant find fundamental reasons for it should back it up.
USDCHF double top with pressure on demand which is highly bear setup especially the one that developed there, there was consolidated pressure on USDTRY bottom which is also bearish, there was upside preasure without bears on EURUSD on friday, all along only technical reasons why selloff happen. It was just that this setup has come in place across many pairs and it was enough to bring down dollar, somethimes thats enough .
Those are my two dollar shorts, meanwhile closed 3 shorts yesterday already, target is still at least 40 pips lower:
http://prntscr.com/3y9fv4
Also UCAD shorts:
http://prntscr.com/3y9j5z