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Realities of Forex Investment
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mnandii
#3781 Posted : Wednesday, May 16, 2018 9:50:31 AM
Rank: Elder

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


Gold broke below our bottom at 1301 suggesting that our wave [ b ] corrective pattern is actually a flat. I don't expect any more significant drop in the pair. 1286 level should offer support and complete the move down. My bullish call is still in the cards. Gold chart on a smaller timeframe is as in the below post.
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
#3782 Posted : Wednesday, May 16, 2018 9:52:55 AM
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Joined: 10/11/2006
Posts: 2,304


Gold. 4 HOUR chart. We are about to complete wave v
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
#3783 Posted : Wednesday, May 23, 2018 9:40:55 AM
Rank: Elder

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


GBPUSD completed its Elliott Wave (4) at 1.4410s. It is readying itself to drop to below 1.1570s. Find a suitable place to short in wave 2 and target >>3000 pips in the next few months.

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
#3784 Posted : Wednesday, May 23, 2018 9:44:55 AM
Rank: Elder

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


GBPUSD is falling in wave 3. Next target is 1300 pips below at 1.2117. Be SHORT
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
#3785 Posted : Wednesday, May 23, 2018 10:21:23 AM
Rank: Elder

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


Expecting Bitcoin to find a bottom at 7740 - 7530s. Thereafter it should rebound and target a move upwards of $10000.
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
#3786 Posted : Wednesday, May 23, 2018 12:04:40 PM
Rank: Elder

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


Blue wave [i] on extreme right is complete. Wave [ii] is developing as depicted by the blue trend lines. Once complete expect USDJPY to rise significantly above its previous highs.
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
#3787 Posted : Thursday, May 24, 2018 9:02:31 AM
Rank: Elder

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


Bitcoin. The downward correction is over at $7400. A move to above $8600 will be good confirmation. Expect a rebound to targets $10,000 or $10830s
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
#3788 Posted : Monday, May 28, 2018 5:55:34 PM
Rank: Elder

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


USDKES. The pair has completed an Elliott Wave zigzag ABC. Expect a move UP past the previous high of 106.
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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lochaz-index
#3789 Posted : Tuesday, May 29, 2018 12:03:08 PM
Rank: Veteran

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


USDKES. The pair has completed an Elliott Wave zigzag ABC. Expect a move UP past the previous high of 106.

That move is way overdue. I'm even surprised it has stayed this steady in light of what is happening to other EM/FMs. One nasty shock for the NSE awaits when that comes into fruition not to mention a hell of a fiscal mess.
The main purpose of the stock market is to make fools of as many people as possible.
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mnandii
#3790 Posted : Wednesday, May 30, 2018 8:19:37 AM
Rank: Elder

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


USDKES. The pair has completed an Elliott Wave zigzag ABC. Expect a move UP past the previous high of 106.

That move is way overdue. I'm even surprised it has stayed this steady in light of what is happening to other EM/FMs. One nasty shock for the NSE awaits when that comes into fruition not to mention a hell of a fiscal mess.

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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