Waiting for the NFP I thought I would see what the current correlation for EURCHF is and compare that to what is touted in the promo video.
From 25/11/03 it is -0.91162, or appx 91.2%, and from 2/1/06 it comes out at -0.90835, or 90.8%. Seems high but EURGBP from 25/11/03 is...
I think that there is something vaguely ironic that I'm looking at this thread on a day the EURCHF is up 90 pips in a 110 pip range!!
Actually ,look at a longer term chart and I expect that FR's 98 % correlation may be a bit ambitious for the last 14 months.
James Bond walkes into a bar and sits himself down at the bar next to the most attractive woman there.
He orders his usual and begins staring at his watch. This begins to annoy the butsy brunette next to him so she asks him, "What are you doing?".
"I have been given this new watch by Q"...
What is your opinion about the retracement of wave 4 into the range of wave 1. Strict Elliott rules say wave 4 cannot go below, in the current up move, the top of wave 1, but we have now exceeded this by quite some way in the current pattern.
Do you subscribe to this rule or are you...