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Realities of Forex Investment
lochaz-index
#3941 Posted : Wednesday, August 12, 2020 9:40:32 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
mnandii wrote:
The recent bull run from the March low is over in most major indices. Expect sharp falls in UK, GERMANY, NETHERLANDS, SPAIN, ITALY, UK, FRANCE.

I like the potential drops on the CAC 40 and IBEX 35.
The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#3942 Posted : Wednesday, August 12, 2020 9:42:52 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
mnandii wrote:


DJIA. Brace yourselves. A major fall off the sky is looming.

Counting on it too as well as a reversal on the DXY and EUR/USD.
The main purpose of the stock market is to make fools of as many people as possible.
Ceinz
#3943 Posted : Thursday, August 20, 2020 12:16:54 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
mnandii wrote:


Gold has turned DOWN. And, as I have been saying, expect it to fall to levels below $1000 hedge or not.


Good call, the trend is downwards but to around $1700-$1500 levels before resuming the bullish trend
“small step for man”
mnandii
#3944 Posted : Tuesday, October 06, 2020 7:01:57 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


GOLD will stage ONE FINAL rally towards $2100 or $2250s in coming days. Prepare for a major fall afterwards.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3945 Posted : Thursday, January 07, 2021 5:54:43 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


USDJPY
Triangle complete at 102.70

Expect a move UP beyond 113.00s
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3946 Posted : Saturday, February 06, 2021 2:43:25 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


GOLD DAILY TIME FRAME CHART
Gold should make one final drop below $1780s (but above $1763.51) then rally in wave 3 UP.

If Gold manages to drop below $1763.51 in the coming days then we'll reconsider the wave counts.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3947 Posted : Saturday, February 06, 2021 2:50:17 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299
mnandii wrote:


GOLD DAILY TIME FRAME CHART
Gold should make one final drop below $1780s (but above $1763.51) then rally in wave 3 UP.

If Gold manages to drop below $1763.51 in the coming days then we'll reconsider the wave counts.




GOLD
1 HR Time Frame. A drop in wave (v) of [c] of 2 expected then a reversal upward.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3948 Posted : Saturday, February 06, 2021 2:57:00 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


EURUSD

The pair should continue falling in wave (A) to about 1.1697. It should then rise above 1.2346, the extreme of wave [1].
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3949 Posted : Saturday, February 06, 2021 3:06:20 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


USDJPY

The triangle pattern ABCDE has bottomed at 102.49.
The pair is now rising off 102.49 impulsively. Should top 113.20s in a few months hence.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3950 Posted : Saturday, February 06, 2021 3:09:40 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


USDJPY

4 Hour Time Frame chart
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3951 Posted : Saturday, February 06, 2021 3:41:47 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


CRUDE OIL
XTIUSD
Crude Oil is completing circle wave c with the ultimate target of 58.25 where wave c will be Fibonacci 0.618 of wave a.

Once Oil tops I expect it to fall ultimately to below 3.49, the previous low. A move below 33.44 in a few month's time will be confirmation that this forecast is right. Meanwhile prepare to trade the swings.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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