Technical Analysis Fallacy
Not sure if I remember right,
but wasn't there some kind of correlation between life experience (age) and wisdom?
ai ya that is "old school".
the news also ask "which side you choose?", oh sh...t, I not gonna tell them 
Now is new age. Didn't you noticed.
I ask you?
What has happened to respect for the aged and elderly?
What has happened to love and care for old parents?
Ask any youngster.
Any one knows what these words mean?
天地 家禮貌教
Any one still teach these to their young?
OMG, heads up!
Cycle gurus are revealing the trend, they say 1.3090 is the top, if not, it's gonna be the bottom. News says, "roll up, roll up, let's spin the fortune wheel". Sounds like they gang up targeting my money
master of deception, say nothing. Just jesting.
)....Anyway, the gurus tell us that the issue that is muddying the cycles is determining which cycle peak is the real one. There was a collation of several currency peaks in October 2009 including the NZD, however there was a a higher EUR/USD top a month or so later in early Dec, which was when most European currencies peaked. Depending upon which point you chose, it tells them that you are in a topping process over this next 4-5 weeks but if the predominant cycle is the earlier one, you may already see the top as early as the end of this week. They say "Critical resistance in the EUR/USD is between 1.3050 and 1.3090" providing spot remains below 1.3090 on a daily closing basis then they recommend fading the rally for a down move lasting into the middle of October. They say if on that down leg 1.2700 cedes the down move will be stretched out into early January. If 1.3090 cedes in the near term, they say "the current uptrend will become extended and last into the end of October or early November".
no link, sir. it's from IFR news. I guess that's because guru's predictions are not free accessable for public. They didn't give guru's name either. I guess that's because the trend is not revealing itself yet
Here's some teaser from the guru's prediction:
In a fancinating weekly missive that appeared on our desk this morning, cycle gurus explores the effects of QE on the first page, and on the second revealed why the currency cycles are so tortured presently. .... (I know why, it's because I buy and sell too frequently
Seems gurus are TAF students, they've learned-- "If not go up, it will go down", you posted this 2 years ago, they reveal it today
, imjscn.
no link, sir. it's from IFR news. I guess that's because guru's predictions are not free accessable for public. They didn't give guru's name either. I guess that's because the trend is not revealing itself yet
Here's some teaser from the guru's prediction:
In a fancinating weekly missive that appeared on our desk this morning, cycle gurus explores the effects of QE on the first page, and on the second revealed why the currency cycles are so tortured presently. .... (I know why, it's because I buy and sell too frequently
A close friend of mine (and a fellow trader) shared a thought some time ago - All analysts/forecast gurus turn out to be right at some point in future much like the way my watch shows 3 o'clock twice a day.
Still makes me LMAO
Rgrds
S
you have very wise friend.
As for me i am a little sad.
This the second attack attempt that didn't yielded big pips.
Seems my feel & timing is not on the ball already.
Need sharpening.
Got very pumped, but no cigar.
regards
and this song keeps bugging my mind.
Yep, it's like that across the board since NY boys were left on their own. All ranges are easy to see now so...
Good night from me
Was that you blotter in the chart above?
However - wish you a relaxing evevning/night!
CU,
Niels
... this is the whole, after 10 hours little hasty
Good night
This used to be a decent song.
