Originally Posted by Pippt

Hi Simba,

Since last night I bought using Simbasystem USDJPY.

I would like to have your opinion about cycles on the 1H chart that I am attaching with this post.

On that chart you can see:

Magenta line: Mavg 35 (-17)
Red line: Mavg 52 (-25)
Green line: Mavg 69 (-34)

Question one: as you can see the magenta line crosses the red line two times. That means two cycles in the same move? How do you calculate the price target? ...When this happens,at it does happen fairly often,it means that the shorter term cycles are absolutely dominated by the higher length ones..and the interesting thing is that now you can project that the final cross will,PROBABLY, be either in the middle of the 2 first crosses or at the farthest away one,in this case the upper one
Question two: do you use another cycle calculation using for instance the cross of the red line with the green line?.. The most important thing is to project the cross of the slowest centered sma,and all the other smas you use are for you to be able to get a peek at where this cross is supposed to be so that you can,in time,project a fairly accurate top or bottom area
Thanks in advance for your comments.

Pippt