I am a chaotist and therefore I know that "technical analysis" and "fundamental analysis" mislead as to how the market works because they are not founded on hard science. Further, chaos shows incontrovertibly that chaotic systems (such as the market) are unpredictable. Only the mathematical properties of such systems are predictable and therefore in the case of markets one trades only based on those properties - however this is a "contest" so I will break my rule of never predicting price levels ahead and play along for fun. If I win it is by pure luck as attempting to predict a chaotic system is no better than gambling. No skill, experience, information or system can EVER predict a chaotic system consistently - only pure chance can allow wins and such wins will be so inconsistent as to be unsustainable over the long run. But below is my prediction with best wishes to my fellow gamblers in this contest.
"I predict EURUSD will close at 1.1196 at market close".
PS: I have traded over 13 years focusing on metals Gold and Silver and I do not and will never trade the Euro. It is sluggish and mathematically not well behaved. But like I said this is a contest may the lucky man win.
