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Realities of Forex Investment
mnandii
#3921 Posted : Tuesday, August 04, 2020 8:38:30 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


Italy IT40. Counter trend in wave 2 then a sharp fall in wave 3
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
#3922 Posted : Tuesday, August 04, 2020 9:09:43 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


USDJPY. Red wave B complete at 104.176. Wave (i) complete. Countrend wave (ii) in progress. USDJPY may rise to 106.70s then fall down below 105.00s before starting a major leg upward which is my preferred count. Alternatively it may rise from 106.10s in the major move upwards of 112.00s.
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
#3923 Posted : Wednesday, August 05, 2020 6:51:02 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
Gold is about ready to reverse downwards in a major move. Still it could reach $2100.00 but the outlook remains bearish
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
#3924 Posted : Monday, August 10, 2020 7:14:51 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


Stoxx 50. One Final move Up to complete wave [ii] then a strong third wave down.
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
#3925 Posted : Monday, August 10, 2020 7:17:41 AM
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Joined: 10/11/2006
Posts: 2,304


Germany Dax De30.
One final move up to complete wave [ii] then a strong third wave down. Resistance line is 13320.
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
#3926 Posted : Monday, August 10, 2020 7:22:35 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


UK100. Completing wave (ii) Up then a strong wave (iii) Down. Resistance at 6316.82
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
#3927 Posted : Wednesday, August 12, 2020 7:14:57 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


Gold has turned DOWN. And, as I have been saying, expect it to fall to levels below $1000 hedge or not.
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
#3928 Posted : Wednesday, August 12, 2020 7:19:07 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
USDJPY is rallying as we had anticipated.
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
#3929 Posted : Wednesday, August 12, 2020 7:30:32 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
mnandii wrote:


Stoxx 50. One Final move Up to complete wave [ii] then a strong third wave down.

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
#3930 Posted : Wednesday, August 12, 2020 7:32:13 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
mnandii wrote:


Stoxx 50. One Final move Up to complete wave [ii] then a strong third wave down.



Stoxx 50 rallied as I had anticipated. The next significant move is a strong sharp move DOWN.
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
#3931 Posted : Wednesday, August 12, 2020 7:37:00 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
mnandii wrote:


Germany Dax De30.
One final move up to complete wave [ii] then a strong third wave down. Resistance line is 13320.

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
#3932 Posted : Wednesday, August 12, 2020 7:38:34 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
mnandii wrote:


Germany Dax De30.
One final move up to complete wave [ii] then a strong third wave down. Resistance line is 13320.





DAX. Rallied as anticipated. The next significant move is a strong sharp third wave DOWN.
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
#3933 Posted : Wednesday, August 12, 2020 7:40:12 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
Gold will show people things. Most especially fundamentalists
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
#3934 Posted : Wednesday, August 12, 2020 7:42:32 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
mnandii wrote:


UK100. Completing wave (ii) Up then a strong wave (iii) Down. Resistance at 6316.82




UK 100. We got our rally in wave (ii). The next significant move is a sharp drop in wave (iii)
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
#3935 Posted : Wednesday, August 12, 2020 7:45:21 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


Netherlands Neth25.

Completed rebound in wave (ii). The next significant move a strong sharp wave (iii) DOWN.
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
#3936 Posted : Wednesday, August 12, 2020 9:09:36 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
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
#3937 Posted : Wednesday, August 12, 2020 9:16:22 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304


Gold.
Rising in a minor wave 4 then a fall in wave 5 to complete intermediate wave (1).

Opportunities gallore.
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
#3938 Posted : Wednesday, August 12, 2020 9:28:39 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,304
Volatility is back in the markets.
Money will be made faster.
Money will be lost faster.
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.
lochaz-index
#3939 Posted : Wednesday, August 12, 2020 9:34:39 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
mnandii wrote:
Volatility is back in the markets.
Money will be made faster.
Money will be lost faster.

My favorite type of market action.
The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#3940 Posted : Wednesday, August 12, 2020 9:36:12 AM
Rank: Veteran


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


Gold.
Rising in a minor wave 4 then a fall in wave 5 to complete intermediate wave (1).

Opportunities gallore.

Will go short from around 1850 waiting for some confirmation on bond yields.
The main purpose of the stock market is to make fools of as many people as possible.
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