EUR prediction

Quite recently I posted my view on Eur/Rub here: http://www.trade2win.com/boards/for...forecast-starting-august-2-a.html#post1219286

And as you can now see it was 100% match. On the first (old thread) picture in plain Russian language it was proposed to wait for the move on the week starting November 1. Fomc appeared to negotiate something that particular time....

so here is the real chart....combined with the old one.

if you agree with my concept, you can probably have the correct view on Euro till the end of this year....

enjoy and have fun in trading

by the way, this week is in red for Euro as predicted)

Cant understand any of these charts, can you do a summary in english?

BlackBison said:

Cant understand any of these charts, can you do a summary in english?

Click to expand...

added comments in English on the following chart.

red lines = falls, two horizontal lines = a stop of the price movement, i.e. a particular level has been reached reached....

The European problems which have dominated proceedings recently will continue in 2011. Structural issues in Portugal, Spain and Belgium will very much be in focus in the near-term and the fear and uncertainty surrounding this will likely cause the euro to remain on the back foot throughout next year