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DislikedBTW, could you provide your insights of the Aussie's next moves? Criticizing others' views is much easier than making your own view clear. When you saw my projection was not the same as yours, if any, please provide yours instead of giving comments with no feedback. This is the way a forum works.Ignored
DislikedWell, I said the line would provide a bounce, and it did. That was my view for that move. If you know patterns, then you can see what looks like an ascending triangle could be happening next week.
Here (http://www.forexfactory.com/showthread.php?p=6033813#post6033813), just so you don't get confused. (The middle line needs to be adjusted to a close around 8/20. Since price didn't close above the level around this date, price could be dropping pretty soon, if the ascending triangle doesn't work out.) You can see that price made a new...Ignored
DislikedThis is a good feedback and constructive. Joking around with me is O.K. I don't mind. In case I joke around with you, please don't take it seriously.
Are you seeing the price will fall more from this level?Ignored
DislikedI'm anticipating a huge fall of epic proportions, I just don't know when. Though, in the short-term, 1.05008 seems like a nice area for a retrace.
DailyIgnored
DislikedI'm anticipating a huge fall of epic proportions, I just don't know when. Though, in the short-term, 1.05008 seems like a nice area for a retrace.
DailyIgnored
DislikedLast week, a member questioned why the USD is getting stronger after QE3. IMO, this proves one fact that the fundies are not the forces driving the market most of the time. There is a higher hierarchical power behind market moves.Ignored
DislikedThis is a cartoon I posted before. History repeats itself, so are DB's cartoons. The Bull looks in danger but he will try to get out of this sooner or later. IMOIgnored
DislikedThis is a cartoon I posted before. History repeats itself, so are DB's cartoons. The Bull looks in danger but he will try to get out of this sooner or later. IMOIgnored
DislikedThis is a cartoon I posted before. History repeats itself, so are DB's cartoons. The Bull looks in danger but he will try to get out of this sooner or later. IMOIgnored
DislikedRegarding the projections, I think constant updates are must. Even I believe patterns are preset, as human beings, we cannot see the outcomes until they are all done.
Daily ADX suggests recent down move has been a retracement. As to a huge fall of epic proportions, IMO, it won't happen until the Aussie makes a new high based on monthly ADX.Ignored
DislikedLast week, a member questioned why the USD is getting stronger after QE3. IMO, this proves one fact that the fundies are not the forces driving the market most of the time. There is a higher hierarchical power behind market moves.Ignored
DislikedThank you very much, chiknthief, for the detailed explanation. Yes it is very simple and keeps the charts uncluttered and helps to focus on PA. One more question though - any TFs where one would not use the 21MAC or should I say which are the preferred TFs to implement on.
Once again, many thanks.Ignored
DislikedAfter GBP Red news of Public Sector Net Borrowing, A/U starting to show support at 1.0470, the latest Red up arrow show a possible Long again now.
Note that Stoch is temporary very high though, but price could keep going up even in this overbought Stoch, looking for a nice Stoch Pop extension upwards.
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