Lesson 9
Posted: Fri Oct 10, 2008 11:59 am
In video clip 1.11, lesson 9, page 217, on monthly chart of Australian dollar, you posed a question " Can weekly nearby support area and 5/1 up cause a move to monthly pldot refresh through monthly 1-1 low, with a target of the monthly ET or higher, OR stop at monthly EB to continue monthly C wave down?"
My answer: looking at weekly and daily, it seems like daily popped over weekly 5-1 down which I interpret as a
sign of strong support, so, there is a higher likelihood of prices going to target. Am I correct?
BTW, that Ouspensky's material is excellent. I am involved deeply in meditation, and almost all of the material
that Ouspesnky described is a natural experience during meditation. I think Ouspensky had not only read but
also practiced and lived according to Indian scriptures. I have ordered his books 4th way and in search of the
miraculous from Amazon for further reading.
My answer: looking at weekly and daily, it seems like daily popped over weekly 5-1 down which I interpret as a
sign of strong support, so, there is a higher likelihood of prices going to target. Am I correct?
BTW, that Ouspensky's material is excellent. I am involved deeply in meditation, and almost all of the material
that Ouspesnky described is a natural experience during meditation. I think Ouspensky had not only read but
also practiced and lived according to Indian scriptures. I have ordered his books 4th way and in search of the
miraculous from Amazon for further reading.