بِسْمِ اللَّهِ الرَّحْمَنِ الرَّحِيم
Hopefully everyone have great days ahead. aaaaamiiin
Here, in this blog, i'll share all important reference for our Forex Trading. Stay Close! See you and All the Best! Yantie Yaacob
بِسْمِ اللَّهِ الرَّحْمَنِ الرَّحِيم
Hopefully everyone have great days ahead. aaaaamiiin
“Yes, the market will rally, and likely substantially so. But, let me remind you of Bob Farrell’s Rule #8 from our recent newsletter:
Bear markets have three stages – sharp down, reflexive rebound and a drawn-out fundamental downtrend
Dow Theory also suggests that bear markets consist of three down legs with reflexive rebounds in between.
However, the “bear market” is only one-half of a vastly more important concept – the “Full Market Cycle.”
Over the last decade, the media has focused on the bull market, making an assumption that the current trend would last indefinitely. However, throughout history, bull market cycles make up on one-half of the “full market” cycle. During every “bull market” cycle, the market and economy build up excesses, which must ultimately be reversed through a market reversion and economic recession. In the other words, as Sir Issac Newton discovered:
“What goes up, must come down.”
The chart below shows the full market cycles over time. Since the current “full market” cycle is yet to be completed, I have drawn a long-term trend line with the most logical completion point of the current cycle.
https://www.investopedia.com/trading/market-cycles-key-maximum-returns/
Here, in this blog, i'll share all important reference for our Forex Trading.
Stay Close!
See you and All the Best!
yy
GBP/USD Mid-Day Outlook |
GBPUSD Outlook | Written by ActionForex.com | Jan 02 14 13:54 GMT |