Hi everybody,
Well,the first conclusion of my previous post starts materializing itself-Top at 1.9695+-39pips,before today 11:00GMT(Hope it continues..
)see pic1..now with the support of Hard signals,specifically the Chandelier indicator..see pic2..WE have had a top at 1.9706 at approx 09:30 GMT
Let`s see what happens and learn from it.My expectation is that if,conclusions 1 and 2 of the previous posts are going to be both right,the GBPUSD decline could probably find support in the 1.9460/1.9555 area..see pic 1 again and will see why..of course,the most important thing to monitor,besides managing our profits,is the behaviour of the Aqua centered sma
By the way,is anybody still interested in this thread? Sometimes I get the feling that I am posting to myself..for posterity perhaps
Comments,questions,etc will be very interesting to have..Or are you making so much money with the ConMan that you do not have time to spare for the "old" Hurst based analysis
??
Will continue
Simba