My low on the 24th-25 September was slightly off I have no idea why this is I am going to try to establish why they are shifting. I think it has something to do with the fact that we have a leap year every so often and of course this will knock my cycles out as I am looking back 7,10,20 years to try to locate the cycle nodes. I am thinking of using something constant like solar positioning as that is more stable.
We don't realise just what a crazy world we live in where we can make days come and go as we please. So my next cycles are either the 29th September for a high or the 1st October my price level is 1.2987 or 1.3002.
So true to form I will be shorting at both with a 15 pip stop. My target for the down move is 1.2829, then up we go again. So that's up till the 29th Sept or the 1st Oct then down again.
Having checked and ajusted my thoughts are this turn will be on the 1st October 2012.
We don't realise just what a crazy world we live in where we can make days come and go as we please. So my next cycles are either the 29th September for a high or the 1st October my price level is 1.2987 or 1.3002.
So true to form I will be shorting at both with a 15 pip stop. My target for the down move is 1.2829, then up we go again. So that's up till the 29th Sept or the 1st Oct then down again.
Having checked and ajusted my thoughts are this turn will be on the 1st October 2012.