Market goes up one day, down the next or up in the morning and down in the afternoon...… You get the picture.
Sine waves do UP and DOWN better than circles.
Good luck traders - you may need it.
Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Monday, October 29, 2018
Saturday, October 20, 2018
Week of Oct 22 outlook
Could we see new highs? Maybe, but put your rally cap on and prepare to raise some cash as the market is likely to rally and then pull back. Time to change strategy and sell the rallies and be very careful if/when buying the dips. Cycles are starting to sync to the up side.
GL traders
Monday, October 15, 2018
Weekly outlook - Oct 15, 2018
Should see some recovery as shorter cycles sync to the upside. Reminds me of Oct 2008 as we had moves of up/down during the day of more than 1% (both up and down the same day).
GL traders
GL traders
Monday, October 8, 2018
weekly outlook for oct 8, 2018
5 week cycle bottoms mid week, and then by late week 5, 10, 20 week cycles synced to move up.
Lot of "crap" comments. Do I need to block comments? I will if all these comments promoting FOREX continues.
You want to support FOREX start your own blog.
Good luck traders
Update 10/11/2018
looking at yesterday's action. Appears 5 week, 2.5 week, 1.25 week short cycles bottomed together (happens every 5 weeks (making 5 week cycle to appear dominant).
Lot of "crap" comments. Do I need to block comments? I will if all these comments promoting FOREX continues.
You want to support FOREX start your own blog.
Good luck traders
Update 10/11/2018
looking at yesterday's action. Appears 5 week, 2.5 week, 1.25 week short cycles bottomed together (happens every 5 weeks (making 5 week cycle to appear dominant).
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