EURUSD: likely decline.

Discussion in 'Stock Market' started by dmitrievsky, Sep 11, 2012.

  1. dmitrievsky
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    dmitrievsky Rookie

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    Good afternoon. The market situation is characterized by a high probability of a decline for the euro-dollar. In the picture you can see the basic scenario for the current week, resistance is located at 1.2820 area, the goal of 1.2520, the timing of the forecast - up to 17-18 September. I wish you a successful trading this week!
     

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  2. Artevelde
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    Artevelde Senior Member

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    2013 will see EUR/USD parity.
     
  3. dmitrievsky
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    dmitrievsky Rookie

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    What is a fractal analysis of the market?

    Fractal analysis of the forex market (FOREX), stocks, futures, metals - a new trend prediction markets, building on the most advanced of the existing at the time, the mathematical model. In contrast to classical technical analysis, fractal market analysis FOREX, NYSE, FORTS is a scientifically valid method of predicting prices, and thus does not exclude the postulate "the price includes all." Therefore, fractal analysis of markets often results in a graphical forecasts, which puts it on par with the technical analysis of markets (Charting), and use all the tools of technical analysis in conjunction with a fractal.

    Our research in the field of classical technical analysis showed that the community of traders there are no uniform standards. There are many different techniques of forecasting, radically different from each other. Moreover, if we ask the two traders to analyze any market using the same tools of technical analysis, we find a difference in interpretation of results. This phenomenon is due to imperfection of all the techniques of technical analysis (if it were not so, there would be a single, globally available technology forecasting, giving unambiguous results.) Here comes into force the human factor when the two traders, because of their experience and external circumstances, may give different estimates of the same market conditions. Agree that this should not be. We want to have confidence in the reliability prediction, and to find confirmation of their findings in the pages of analytical resources and communities of traders.

    Fractal Market Analysis deprived of these shortcomings, because based on the clear laws of price formation, thus there is always one point of view of the schedule, which has a mathematical basis. On the other hand, the process of market analysis is partially automated, which eliminates the occurrence of errors in the forecast due to human error.

    The birth of fractal market analysis was preceded by a search for the golden mean. Traders needed a versatile method of technical analysis of markets, which would explain the very essence of pricing, as well as combined all kinds of technical analysis, revealing their meaning.
     
  4. dschere
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    dschere Rookie

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    Sigh ... in a centrally planned economy price discounts nothing.

    In the case currencies their fair market value has always been 0. When viewing a currency chart it is one fiat toilet paper versus the US fiat toilet paper. All under the control of central bankers so you would have to be nuts to take a position in that market unless you know something before the rest of us.

    But they can't print gold.

    So with negative interest rates in Europe and I suspect next year here as well it remains the long bonds (consumer asset deflation)/long gold/silver( consumer price inflation ). I would suspect with the fiscal cliff that Darth Printus Bernanke will be forced to buy more TBills to accommodate FED borrowing at zero or negative interest rates.

    How ironic that the man who called Gold a barbarous relic will go down in history as the man who is the chief motivation to get back on gold standard.
     
  5. dschere
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    dschere Rookie

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    well well well ... Darth Printus at the fed just boosted the value of my SLV by 4% today.

    Thanks Uncle Ben, the man that will reinstate gold standard has just declared total war on the American middle class.

    Lets hear it for the central planners:

    :clap2:

    ticker symbol: GLD

    :clap2:

    ticker symbol:SLV

    :clap2:

    ... and what do we middle class schmucks get paid in? US Dollars.
    So what is the US dollar doing?

    ticker symbol: UUP

    :eusa_boohoo:
     
    Last edited: Sep 13, 2012
  6. dschere
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    dschere Rookie

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    :eusa_clap: :eusa_clap: :eusa_clap:

    Total war on the middle class.
     
  7. iamwhatiseem
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    iamwhatiseem Gold Member

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    It will help two things.........
    Maintain the market bubble which is the second primary goal.
    The first primary goal is to keep interest rates at near-zero so the government can maintain it's zero-rate credit card. Interest rates rising would cause a catastrophic budgetary U.S. crises.
    Even a tiny increase in the rates would increase the U.S. debt payment by $1 trillion - every year.
     
  8. dmitrievsky
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    dmitrievsky Rookie

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    Last week there was a change of mood on the main currency pair. Price could be fixed below the moving average near 1.3050, which is currently a significant drag. At the same time, the image fractal structure suggests the possibility of further reducing 1.2750/800 early in the week. Evidence of such reduction will be consolidating below 1.2900, while the abolition of the script will rise above 1.3050 support.
     

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  9. African
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    does that mean I'll be rich?
     
  10. dmitrievsky
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    dmitrievsky Rookie

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    Review of short-and medium-term trends euro.

    Short term, there remains the potential for reducing the area of ​​the specified level of 1.2800 yesterday, the reduction falls on September 26 (Wednesday). September 26, too, is the time zone for the development of the correction to the downward movement. So, on Wednesday, the beginning of the growth can be expected for the pair in the 1.3000-1.3050 area, the completion of which should take shape until October 10.


    In this fun has just begun, since October 10 Timing is a key area for the Mid-term decline in the 1.2400-1.2200 area, which should be completed in the 10-th of November.


    So, watch out for key levels:

    September 26: the beginning of growth of the level of 1.2800 to 1.3000.
    October 10: the preconditions for the decline from 1.3000 to 1.24000/1.2200.
    November 10: time to reap the fruits of medium shorts and prepare for subsequent corrective growth.
     

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