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Price Forecasting with chaos


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Price Forecasting with chaos

  #371 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
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EUR complete the 13160--13000--12940EQ also left an area between 12948 and 13056 unfilled

A external Cyprus news help trigger the upward paving movement

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  #372 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
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It is a typical example of BUY THE RUMOR , SELL THE FACT

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  #373 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
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When price breaks EQ and significant high and/or BP it is a good and for sure winning trade


USDJPY was consolidating below 9444 once it breaks, buying is a nice option

The profit target can also be predicted as EQ 9352---9418---9484

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  #374 (permalink)
 jta3 
Copenhagen, Denmark
 
Experience: Advanced
Platform: Fib Fib and Fib.!
Trading: Setup
Posts: 300 since May 2011
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Don't you use fib.?

Here some fib line. all set before hit.

https://www.tradingview.com/x/MVIaglzf/

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  #375 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
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jta3;315166 Don't you use fib.?

Yes I use it for day trade target comfirmation only, as chart show there is Fib no. on lower right corner

In 1980th I did use fib's extention to predict target but it wasn't good enough in day trade

In day trade I like to look for the possible target in next 15-45 minutes

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  #376 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
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EUR has formed the boundary of A EQ

13064--12898--12750,
12753--12798--12843 Rebound EQ offer day trade selling oppertunity

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  #377 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
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Since 3/26 EUR has been traded in lower part of EQ 13046--12898--12750,

In upcoming week, the breach of 12750 could lead EUR to test previous low of last NOV

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  #378 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331

Since 3/26 EUR has been traded in lower part of EQ 13046--12898--12750,

In upcoming week, the breach of 12750 could lead EUR to test previous low of last NOV

And if 12620 falls through there are caves need to be filled in a longer term

Attached is the J-Chart of EUR for 500 days and is considered only usueful for fund long term trading

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  #379 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
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EUR 12749 so far held rebound expected also EQ is formed

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  #380 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331



John Chen View Post
EUR 12749 so far held rebound expected also EQ is formed

For day trade sold 12864 can get out at BP 12812 or move trailing stop

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Last Updated on July 4, 2022


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