EURCAD.
The recent top 1.4121 is not quite 1.4124 or 1.4141, both being 3.5699 of two triggers up.
Not quite means we can count on making it sooner or later. Maybe sooner due to the temperature rising.
There is a UPO @ 1.3956 and the usual remark here is that the market is bound to return there some time in the future.
My new chaos findings implemented in forex trading
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
GBPUSD
GBPUSD.
First thing first the trigger down expanded 3.5699 times 55 pips and that's it.
Take a look at the UPO @ 1.6055 and the next chart where a classical return to a UPO took place. Not in any manner, in an exact way.
Near the bottom a new UPO showed at 1.5900 and this level is exactly 4.669 of a trigger down. Looks sturdy for more gains at the close of last week the tone was up.
First thing first the trigger down expanded 3.5699 times 55 pips and that's it.
Take a look at the UPO @ 1.6055 and the next chart where a classical return to a UPO took place. Not in any manner, in an exact way.
Near the bottom a new UPO showed at 1.5900 and this level is exactly 4.669 of a trigger down. Looks sturdy for more gains at the close of last week the tone was up.
- Attachments
-
- gbpusd5.11x.gif (42.97 KiB) Viewed 1654 times
-
- gbpusd5.11.gif (39.08 KiB) Viewed 1655 times
FTSE100 update.
FTSE100 update.
Not quite 4.669 of a trigger up and a number of UPOs to be revisited. A difficult task given the down tone at the close of the week.
We are having two tops which are not quite 4.669 of their triggers. When markets behave like that it smacks of fear and nervousness. Nobody wonders these days when fear ovewhelms professionals more than crowds.
Not quite 4.669 of a trigger up and a number of UPOs to be revisited. A difficult task given the down tone at the close of the week.
We are having two tops which are not quite 4.669 of their triggers. When markets behave like that it smacks of fear and nervousness. Nobody wonders these days when fear ovewhelms professionals more than crowds.
- Attachments
-
- ftse1005.11.gif (46.64 KiB) Viewed 1652 times
DE30 update
DE30 update.
The index shows modest fractal expansions. Better something than nothing.
2.4220 for a trigger up and a trigger down.
Lots of UPOs and all these related to slumps of the market.
And the tone is down at the end of the week.
When DE30 gets to 14.208=5737.9 we will declare a local crash and severe instability of the system.
One cannot help noticing that markets are full of bravemen who never fret what the politicians say or are about to do.
For the first time in history politicians have been acting in divergence with
science. Very unusual to live a natural life on trees of ignorance rather than wisdom. Particularly interesting is so-called hubris syndrome when people in power tend to to make silly decisions because they feel they have a superior decision making mechanism.
There is not much literature in relation to the kinds of decisions that hubristic
managers make. This will change because of this crisis.
The index shows modest fractal expansions. Better something than nothing.
2.4220 for a trigger up and a trigger down.
Lots of UPOs and all these related to slumps of the market.
And the tone is down at the end of the week.
When DE30 gets to 14.208=5737.9 we will declare a local crash and severe instability of the system.
One cannot help noticing that markets are full of bravemen who never fret what the politicians say or are about to do.
For the first time in history politicians have been acting in divergence with
science. Very unusual to live a natural life on trees of ignorance rather than wisdom. Particularly interesting is so-called hubris syndrome when people in power tend to to make silly decisions because they feel they have a superior decision making mechanism.
There is not much literature in relation to the kinds of decisions that hubristic
managers make. This will change because of this crisis.
- Attachments
-
- de305.11.gif (46.03 KiB) Viewed 1649 times
CHFPLN update
CHFPLN.
4.669 of a trigger down looks pretty reassuring only to speculators.
The tone is down at the close of last week.
4.669 of a trigger down looks pretty reassuring only to speculators.
The tone is down at the close of last week.
- Attachments
-
- chfpln5.11.gif (45.07 KiB) Viewed 1647 times
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
DJIA update
DJIA updated.
The index was exactly at 12006. Then some reaction took place. The tone is bullish.
The index was exactly at 12006. Then some reaction took place. The tone is bullish.
- Attachments
-
- djia5.11.gif (44.31 KiB) Viewed 1642 times
EURUSD update
EURUSD.
First note the return to the UPO @ 1.3842.
Despite the woes the tone is up.
First note the return to the UPO @ 1.3842.
Despite the woes the tone is up.
- Attachments
-
- eurusd5.11x.gif (44.71 KiB) Viewed 1677 times
-
- eurusd5.11.gif (46.65 KiB) Viewed 1678 times
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.