Nice analysis, Doli. I'm short as well.
Daily Chart.
http://content.screencast.com/users/...2012-12-01.gif
Daily Chart.
http://content.screencast.com/users/...2012-12-01.gif
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DislikedMy price cycle forecast has nothing to do with Hurst or Ehler. It's based on taking a single number.. ie the price at a specific time, and using the cycles contained within that number to create a composite cycle projected forward.Ignored
DislikedI did quite a bit of fine tuning on the fancy wavy line forecast tool settings. I took a heliocentric synodic cycle and did some number crunching to apply it to intraday. First up is the GBP/CHF 54 Min. chart. The magenta is a 5 wave composite. The yellow is a 4 wave composite to sort of smooth it out.
http://content.screencast.com/users/...2012-12-02.gifIgnored
DislikedI posted about the wavy line forecast in a thread in the trading discussions area and got a lot of flack as you'd expect. But I was also asked in some pm's how you'd trade this even if it were possible to forecast like this. Below is a chart of the EUR/USD 300 min. Don't ask on why 300 min. Too long to explain.
Even without the forecast the easiest way to trade is to just trade higher highs and higher lows in an uptrend and lower lows and lower highs in a downtrend. ONLY taking trades in the direction of the trend. In an uptrend if a...Ignored