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Realities of Forex Investment
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mnandii
#3921 Posted : Tuesday, August 04, 2020 8:38:30 AM
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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.
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mnandii
#3922 Posted : Tuesday, August 04, 2020 9:09:43 AM
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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.
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mnandii
#3923 Posted : Wednesday, August 05, 2020 6:51:02 AM
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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.
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mnandii
#3924 Posted : Monday, August 10, 2020 7:14:51 AM
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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.
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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.
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mnandii
#3926 Posted : Monday, August 10, 2020 7:22:35 AM
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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.
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mnandii
#3927 Posted : Wednesday, August 12, 2020 7:14:57 AM
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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.
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mnandii
#3928 Posted : Wednesday, August 12, 2020 7:19:07 AM
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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.
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mnandii
#3929 Posted : Wednesday, August 12, 2020 7:30:32 AM
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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.
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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.
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