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Trading is something you have to develop a “feel” for. The only way to do that is with experience. The object of our modeling is to place the entire world before you. Once you become familiar with how to use the model, you will be able to look at any market and ascertain its direction based upon experience with the model in other markets.
We had also only reached three Downtrend Lines. The timing was correct for the yen. We were at a major turn in the Economic Confidence Model. Our models had forecast that Russia was about to collapse, which manifested in the Long-Term Capital Management collapse.
Everything was in line. This is what we are porting over and the computer will articulate this as everything lines up.
https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/trading-reversals-in-reverse/
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