Trade opportunities on EURJPY
Posted: Sat Nov 07, 2009 7:22 pm
EURJPY is between two longer-period UPOs ([highlight=red]Unstable Periodic Orbits[/highlight]) -
136.19 and 130.78 with a range of 541 pips.
EURJPY is also between two shorter-period UPOs -
134.84 and 132.69 with a range of 215 pips.
Spot rate on Friday Close - 133.52. Last signal - SELL.
The above UPOs will be reached with a 100% certainty although in an undefined time frame. The UPOs have been extracted from EURJPY H1 charts with the use of the theory of chaos.
These results and analysis pertain to the determinism of chaotic systems.
What I want to emphasize is that I have given you four target levels, two above and two below Friday Close. EURJPY is going to reach each target level at some time in the future, however the hierarchy of UPOs is an open question. Even the last signal is not indicative that targets below Friday Close will be reached first.
No new condition will change those targets, no new factor will affect the determinism of the system.
Whatever position you open now, long or short, you will be able to close it with a predefined profit (267 pips, 132 pips, 274 pips, 83 pips). No stop loss.
You may not be able to profit only and only if the negative interest eats you out.
You are welcome to suggest which target (UPOs) is seen by you as the most probable first one from the perspective of a stochastic market (TA), or from the perspective of a market map (no TA indicators). In other words you have gems in your hand but in order to keep them all or some you need to be able to establish some probabilities.
Red lines are classical support and resistance.
The first two ellipses mark returns to a UPO. The second return highlights Poincare's topological theorem which translated into forex language says that if prices return to a UPO after some time, then they will return to that UPO at least one more time.
Now I would like to refer to my September post and the EURJPY image. EURJPY revisited the UPO's line 16 times after the first return! Because a UPO is an unstable orbit, prices never settle on the line but cross it frequently and finally divert from it at a fast pace.
EURJPY ran away from 130.95 to over 138.00.
136.19 and 130.78 with a range of 541 pips.
EURJPY is also between two shorter-period UPOs -
134.84 and 132.69 with a range of 215 pips.
Spot rate on Friday Close - 133.52. Last signal - SELL.
The above UPOs will be reached with a 100% certainty although in an undefined time frame. The UPOs have been extracted from EURJPY H1 charts with the use of the theory of chaos.
These results and analysis pertain to the determinism of chaotic systems.
What I want to emphasize is that I have given you four target levels, two above and two below Friday Close. EURJPY is going to reach each target level at some time in the future, however the hierarchy of UPOs is an open question. Even the last signal is not indicative that targets below Friday Close will be reached first.
No new condition will change those targets, no new factor will affect the determinism of the system.
Whatever position you open now, long or short, you will be able to close it with a predefined profit (267 pips, 132 pips, 274 pips, 83 pips). No stop loss.
You may not be able to profit only and only if the negative interest eats you out.
You are welcome to suggest which target (UPOs) is seen by you as the most probable first one from the perspective of a stochastic market (TA), or from the perspective of a market map (no TA indicators). In other words you have gems in your hand but in order to keep them all or some you need to be able to establish some probabilities.
Red lines are classical support and resistance.
The first two ellipses mark returns to a UPO. The second return highlights Poincare's topological theorem which translated into forex language says that if prices return to a UPO after some time, then they will return to that UPO at least one more time.
Now I would like to refer to my September post and the EURJPY image. EURJPY revisited the UPO's line 16 times after the first return! Because a UPO is an unstable orbit, prices never settle on the line but cross it frequently and finally divert from it at a fast pace.
EURJPY ran away from 130.95 to over 138.00.