If I am correct and the Pound is going to retest 1.47 area, it looks almost ready to go straight ahead there.
The level is between 1.47 and 1.4750.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's all coming right on schedule. Whether one thinks Armstrong is on top of things or not, I've been saying basically the sames things for going on ten years now. Bye, bye, Euro. Bye-bye. There is nothing particularly significant about my levels, just my charts, research, round numbers, value at inception, 30 year TL, and so on.
1) Break the over 30-year TL at around 1.05
2) Break par (key psychological level)
3) Take out 80 (hence trade at a new all-time low)
4) Take out 65
5) Bye, bye, Euro. Bye-bye. They can't take it any more and they end it.
6) Jim has to unstick himself from his shorts (pardon the crass French) (I'm not sure if this translates for my overseas readers...)
https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/euro/is-the-pending-euro-collapse-on-target-from-our-2011-forecast-of-2016-202/
1) Break the over 30-year TL at around 1.05
2) Break par (key psychological level)
3) Take out 80 (hence trade at a new all-time low)
4) Take out 65
5) Bye, bye, Euro. Bye-bye. They can't take it any more and they end it.
6) Jim has to unstick himself from his shorts (pardon the crass French) (I'm not sure if this translates for my overseas readers...)
https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/euro/is-the-pending-euro-collapse-on-target-from-our-2011-forecast-of-2016-202/
RA
rat89
Rep: 0
Posts: 7,015
surgery went well...it was very weird indeed. was not completely out, but in a dream state, so could hear voices, and see silvery light in the eye he was working on, shadows, etc. Strange.
RA
rat89
Rep: 0
Posts: 7,015
key, key, key area here
Click image for original size
Click image for original size
Click image for original size
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
And you're back so fast, rat!
Great.
Great.
Originally posted by rat89
surgery went well...it was very weird indeed. was not completely out, but in a dream state, so could hear voices, and see silvery light in the eye he was working on, shadows, etc. Strange.
RA
rat89
Rep: 0
Posts: 7,015
patch on the eye, and will take about a week to see anything out of it. Then 3-6 months for it to be fully up and running. I can see the fibs with one eye though, but it's tiring
Originally posted by MarcinO
And you're back so fast, rat!
Great.
Originally posted by rat89
surgery went well...it was very weird indeed. was not completely out, but in a dream state, so could hear voices, and see silvery light in the eye he was working on, shadows, etc. Strange.
JI
jimkane
Rep: 3,058
Posts: 33,089
Great to have you back, rat. Yes, we are at a critical spot for sure. It took 1915 like it wasn't even there, which doesn't surprise me. It has a look like it hasn't even gotten started. That has me wondering, as I have a lot lately, is that genuine, or is it the usual as per late, they make it look insanely strong into an area where they plan to dump it. Oh, and by my data, that pop right now is a new high for the entire move.
