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vsampier · 31-05-2007, 10:17

Referring to my earlier posts, we are are now leaving one of the key time periods (5/27-6/1) - The next key time period occurrs (7/13-7/18), and the next key time period beyond that occurrs (8/13-8/16), an then the next one occurrs (9/3-9/5).

These key time periods are called 'exchange points'.

In my analysis, I refer to the time between any two 'exchange points' as an 'epoch'. Note: actually the 6/1 - 7/18 contains 2 epochs - this is a special case, for reasons I won't go into, in this post.

Now, as I said in my earlier posts, these exchange points are the times to be 'on alert' for trend changes (impulses or corrections).

In an earlier post I said:

"Timing and chart indications suggest current correction should last at least through 5/26-5/31 period. At that point correction to the recent upthrust may not have fully completed in which case it will continue until 7/13-7/18 period. On the other hand, if correction completes during 5/26-5/31 period, then upthrust will resume at least until 7/13-7/18 period."

Here are two scenarios:

If the recent upthrust is to resume (as an impulse - ie: continuing as the dominant trend going forward) then I would expect that the current correction that we are in (starting on 4/27) *should* last for 3 epochs (refer to definition of 'epoch' above). Which means, if the main trend UP is to continue, I would expect the current correction to continue up through the 7/18 exchange point period. Why 3 epochs? well that is the part of my analysis technique that I have been developing, and I won't go into all of those details here in this post.

Now, if the recent upthrust, is in fact ended or ending (ie: the EUR is about to embark on a major trend change in direction DOWN), then this correction may only last 1 epoch (ending tomorrow 6/1), which would be followed by a short upthrust lasting for 2 epochs (ending on the 7/18 period exchage point).
At that point, the main trend will have changed, and a major trend DOWN for the EUR will have been started.

FXHolic - this 2nd scenario, is in line with your latest projections.

Either case, it appears that by the (7/13-7/18) exchange point, the EUR will either resume its UP trend, or a major trend reversal will have started in the DOWN direction.

Right now, I am leaning toward the 2nd scenario - which again agrees with FXHolic's latest projections.

Let's see what happens next - 'Time will always reveal the truth'.

31-05-2007, 10:17	#14
vsampier level 1 Join Date: Jun 2004 Posts: 18 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Trend Reversal Prediction Referring to my earlier posts, we are are now leaving one of the key time periods (5/27-6/1) - The next key time period occurrs (7/13-7/18), and the next key time period beyond that occurrs (8/13-8/16), an then the next one occurrs (9/3-9/5). These key time periods are called 'exchange points'. In my analysis, I refer to the time between any two 'exchange points' as an 'epoch'. Note: actually the 6/1 - 7/18 contains 2 epochs - this is a special case, for reasons I won't go into, in this post. Now, as I said in my earlier posts, these exchange points are the times to be 'on alert' for trend changes (impulses or corrections). In an earlier post I said: "Timing and chart indications suggest current correction should last at least through 5/26-5/31 period. At that point correction to the recent upthrust may not have fully completed in which case it will continue until 7/13-7/18 period. On the other hand, if correction completes during 5/26-5/31 period, then upthrust will resume at least until 7/13-7/18 period." Here are two scenarios: If the recent upthrust is to resume (as an impulse - ie: continuing as the dominant trend going forward) then I would expect that the current correction that we are in (starting on 4/27) should last for 3 epochs (refer to definition of 'epoch' above). Which means, if the main trend UP is to continue, I would expect the current correction to continue up through the 7/18 exchange point period. Why 3 epochs? well that is the part of my analysis technique that I have been developing, and I won't go into all of those details here in this post. Now, if the recent upthrust, is in fact ended or ending (ie: the EUR is about to embark on a major trend change in direction DOWN), then this correction may only last 1 epoch (ending tomorrow 6/1), which would be followed by a short upthrust lasting for 2 epochs (ending on the 7/18 period exchage point). At that point, the main trend will have changed, and a major trend DOWN for the EUR will have been started. FXHolic - this 2nd scenario, is in line with your latest projections. Either case, it appears that by the (7/13-7/18) exchange point, the EUR will either resume its UP trend, or a major trend reversal will have started in the DOWN direction. Right now, I am leaning toward the 2nd scenario - which again agrees with FXHolic's latest projections. Let's see what happens next - 'Time will always reveal the truth'.