Price prediction is possible, however, not the way many traders think it is. It all boils down to how price moves. One has to understand that one first. All movements have a story and the story is framed by several, not obviously related influences. ...

Why it is possible to predict price movement?

Not sure who is addressed but you can see from 2 predictions above that one could be either exactly or approximately right. You can look at USDCHF that I consider good for around a 150 pips long. However, one has to understand several important ...

Why it is possible to predict price movement?

The prediction on UJ was quite accurate. Here is another one. GU to touch the area around the yellow line.

Why it is possible to predict price movement?

To me, a good test of price predictability would be to see UJ going up higher from where it is now (149.93) to around 151.90. I consider the price cycle incomplete and some functions of price movements pointing to the upside. Will traders be stopped ...

Why it is possible to predict price movement?