SMC Update 7-13-22

Wed, 07/13/2022 Wednesday, 07/13/2022 7:14 PM PDT


Comments (8)
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tomlinf65
tomlinf65

If you have time could you show the CHF to GBP currency projection

mikepowell.vietnam107
mikepowell.vietnam107

Thank you Peter. I like to trade TQQQ and use the projection software for it and QQQ. I had used the close price and median price for both etf’s and was amazed how the median price projections were hit and slightly exceeded during pre market and right at the open. The close price projection never even got close to being met even though close price and median price projections were pretty close to being he same projection prices. Also the statistics using ATR where very close aligned as well. Makes me feel like it is a coin toss right now. I’m hoping the close price projection will get invalidated but usually when I hope for something, the exact opposite happens, lol

gnote161749
gnote161749

Can you please post USD projection? Thanks

Peter Eliades
Peter Eliades

gnote161749 said:

Can you please post USD projection? Thanks

I actually showed the Euro-Dollar projection in today's video above these comments, gnote. Did you not see it?

acypress1455220
acypress1455220

how about doing projections on the vix and gold

volfgang
volfgang

Thank you Peter for all your quality work, I wonder if you could take a look at the FTSE? It's the UK100 stock index, looks close to rolling over.

nimishtrading263
nimishtrading263

@acypress1455220 - Draw parallel channels (with mid-channel lines) on the Ftse 100 log chart on the Monthly and Daily. I cannot believe, after 8 years of trading, that I have finally discovered the Ftse 100 pattern, which fits perfectly using this method. I thought there was no pattern to it until I started using parallel channels on the log chart. Use Tradingview.com and symbol UKX. Investing.com can be used as an alternative but it's not as good as Tradingview. If this bear market continues Ftse 100 could get as low as the 5700s using the above method of analysis.

nimishtrading263
nimishtrading263

Sorry, @volfgang

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