MonthlyForecasts
Long

EURUSD Forecast: 1/05 (LOW) to 1/08 (HIGH)

FX:EURUSD   Euro Fx/U.S. Dollar
http://www.monthlyforecasts.net

1/05 LOW came in right on 1/05 per the Euro             forecast.

We are approaching a HIGH on 1/08. I'm going in a little bit early on the price projection before the market closes because I don't expect the price to drop much lower then today's low or raise higher then today's high. - https://www.youtube.com/watch?v=9fwgdH8AaVc

IMPORTANT NOTE: Final projection on where price is headed for the HIGH of 1/08 will be on 1/07.
Actual price trend pivot was HIGH on 1/7 - one day earlier then the forecast date of 1/8. This is what W.D. Gann describes as an Orb, or lost motion in time. The actual forecast high can come in either on the forecast date, or 1 day of either side of the forecast date (Orb). This is covered in the STARTER KIT, which is located in the Member Area of our site.
-1 Reply
All - Be sure you are reading the forecasts correctly. Don't over-complicate things. You are going from point A (the Low) to point B (the High). In no way does 1/05 LOW to 1/08 HIGH mean the low in the price bar will never dip down like it did on 1/07 - pay attention to your trend line as shown above, it's still up (low to high).
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Notice how today's price opened right on my lower projected price line? Price respecting the line!
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