DislikedThe most recent high is 1.2588. That is the top for the time being.Ignored
Or we'll take a different path to 88, but that involves a down move first..
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DislikedThe most recent high is 1.2588. That is the top for the time being.Ignored
DislikedAttile , Keynes is probably one of the brightest mind in economics we have ever witnessed. i can't recall someone who can match his contributions and the applicable knowledge he has contributed. The guy first introduction of the macro economics theory that helped USA to pull out from one of its worst recessions , and empowered the middle class that led to surplus revolution and higher production with cheaper prices. let alone , that Marshell project for the Europe post WWII was a legit son of keynes and the Social welfare state of Japan.
Just...Ignored
Disliked"During the 1950s and 1960s, the success of Keynesian economics resulted in almost all capitalist governments adopting its policy recommendations."
Yeah which lead to the 1970's stagflation, going completely off the gold standard, the "Jimmy Carter malaise" and so many other great things.
Only once free-market fundamentalists and Pres Reagan's deregulation of many industries came to the fore (.i.e. get the government out of the way of business) did the economy turn around.
Even Bill Clinton understood this.Ignored
DislikedI'm looking closer... If that top I showed is not put in place so that everybody can see it and trade it, we may never make it all the way to 88.. One at a time..
Or we'll take a different path to 88, but that involves a down move first..Ignored
DislikedSure. But without predicting places of exits it is impossible to trade. Even if one makes a wrong guess, one still has to make it and then take a position. Or... be out of it.Ignored
Disliked???
What do you mean? That it has to be visited second time to be qualified as a legal top?Ignored
DislikedHere you go H4, slipped my mind from earlier. Note target area is just approximate but when the wave 5 of 5 of C does comes, look out beloooow:Ignored
Disliked???
What do you mean? That it has to be visited second time to be qualified as a legal top?Ignored
Dislikedhard to explain, but it has to look different, there has to be a reversal pattern, not just a spike up to it.Ignored
DislikedWell... I would think so.. You need two points in space to draw a line.. That line is necessary for the people to see and trade if you're looking for a break up.. If it's not making it back there then we have a LH and bears have the upper hand... I am strictly talking about what you need for a break up, and it's mostly visible on the lower TFs..
You do agree that we have to get passed 65 in order to get to 88.. That's why I'm saying one at a time. Otherwise it can turn south and then who knows..Ignored
DislikedWell... I would think so.. You need two points in space to draw a line.. That line is necessary for the people to see and trade if you're looking for a break up.. If it's not making it back there then we have a LH and bears have the upper hand... I am strictly talking about what you need for a break up, and it's mostly visible on the lower TFs..
You do agree that we have to get passed 65 in order to get to 88.. That's why I'm saying one at a time. Otherwise it can turn south and then who knows..Ignored
DislikedWell... I would think so.. You need two points in space to draw a line.. That line is necessary for the people to see and trade if you're looking for a break up.. If it's not making it back there then we have a LH and bears have the upper hand... I am strictly talking about what you need for a break up, and it's mostly visible on the lower TFs..Ignored
DislikedAtilla.....I understand what your saying, but I have to beg to differ.
Here is a PnF chart - this is 3rd time in this zone, and its likely to break through, IMO.Ignored
DislikedWe don't disagree.. Three touches are much better than two(but they have to be within one, max two pips).. More people will see it. Again, only range situations I'm referring to.. not the regular pull back in trending markets. That's different..Ignored