After the scenario was released on 10/30, what happened next?
Australian dollar
As of 10/25, scenario where it drops along the yellow line
As of 10/30, dropping from just before 6 pips
Unhappily missing by 6 pips
I gave a market analysis of gold and EURJPY at an SMC study group.
At that time, I introduced that it would turn around here.
10/25 EURJPY, 15M chart, light blue line at 176.491, a scenario where it declines from a double top.
As of 10/30, it swept a bit, but then fell about 90 pips. 10/30, 22:30 current
Gold
10/25, expected to drop from the light blue line around 4071 or 4082
As of 10/30
From a slightly right-shouldered double top at 4082, about 1200 pips drop. 10/30, 22:30 current
Things are hitting very accurately like this.
Why?
Because it anticipates the movements of institutional investors.
It’s almost impossible to do it by self-study.
Skills are learned through output.
Would you aim to become a pro in three months of your life?
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