PREDICTIVE ANALYSIS/FORECASTING DATA: High-Probability Reversal at: - TG-Lo = 1.58180 - 10 DEC 2014 Moderate-probability target: - TG-1 = 1.62263 - 10 DEC 2014 Low-probability target: - TG-Hi = 1.64489 - 10 DEC 2014 INVALIDATION CONDITION: - Failure of "Bullish Entrenchment" range (1.57065/1.57619) invalidates model's predictive...
04 DEC 2014 - Update: Friends, Important NFP data coming out tomorrow. Expectation favors softer employment data. In the long-term, USDollar index remains bullish. However, the interim calls for unwinding. Looking at the $USDJPY, model defines a high-target at 120.996 - This nominal target represents a low-probability reach, but high-probability reversal...
Rationale: Pure technical - Predictive/forecasting model - Gap pending 1 - Predictive/Forecasting Model: - Target = TG-Lo = 456.21 - 04 DEC 2014 2 - Pending gap favors similar technical demand 3 - Structure: Overhead resistance proven @ 567.45 - IF price break > 567.45, bearish target invalidates if closes > 598.58 - Targets affirmed at break <...
Traders, This is one chart that defied the predictive/forecasting model, as evidenced by the older targets left ghosted in the chart. Prior analysis indicated that, while these former targets were defined in the 4-hour timeframe, failure of nominal targets such as TG-Lo and TG-x, as it were, suggests higher-frame interference from heavier (i.e.: institutional)...
Traders, An expanded triangle completed at point-5 following a surgical alignment with an internal symmetry projection off of same pattern's Point-3. Since this Fibonacci validation, price rolled below the pattern's 1-3-5 Line and is now at a point of recovery as it approaches this line's underbelly. Look for signs of capitulation, such as repeated failure...
Traders, As the $USD continues to benefit from recent fundamental cues in Swiss referendum against propping up its central bank gold reserve, the pair has defined an advanced market geometry in Bill Wolfe's Wolfe Waves pattern: WOLFE WAVES POINTS: This pattern works remarkably well with discreet projection of its 2-4 Line off of Point-3 to trace the course...
Bearish Pattern with following parameters: 1 - TG-1 = 44.688 - 01 DEC 2014: Core modular geometry 2 - TG-2 = 24.136 - 01 DEC 2014: Janus Pattern and 3 - TG-Lo = 23.668 - 01 DEC 2014: Great White Rationale = Purely technical; Proprietary pattern Trade profiile: Entry = 51.856 SL > 53.761 L/T David Alcindor
Predictive Model + Prop Pattern define following targets: PREDICTIVE/FORECASTING TARGETS: 1 - TG-1 = 0.88109 - 27 NOV 2014 2 - TG-2 = 0.91489 - 27 NOV 2014 and 3 - TG-Hi = 0.96624 - 27 NOV 2014 SUPPORT DEFINITION: 1 - Bearish entrenchment range: - 0.84951 to 0.87320 and 2 - Support at 0.83575 TRADE INVALIDATION CONDITION: BACA < 0.81599
Traders, Parameters as defined in chart ... Pending long entry. Low risk, high RR. Probability: Medium. David Alcindor (not shared in Twitter or other social media)
$AUDNZD: Entry, SL, Target as per posted parameters. - Check link: for recent analysis. - On record: Trade #xxxx1236 in MT4/FXCM accnt. - Not published on Twitter or any other social media) David Alcindor
Friends, I am re-posting this analysis in a new discussion thread, as we near a new trading month. I will cut/paste the analysis, as it reviews major bank FX positioning, technical analysis, and predictive/forecasting data. All this coming up in the discussion thread next. Thank you. David Alcindor Predictive Analysis & Forecasting Denver, Colorado -...
TECH-NOTE: From Twitter: ---------- #CME's $ESZ2014 eyes internal 1.414-Fib and 1-3-5 Line confluence: - via @tradingview | $USD $JPY #nikkei #forex ---------- Worth following as it correlates positively well with $USDJPY
$XAUUSD - 15 NOV 2014 - TRADE RECAP ----------------------------------- Following is the frame by frame development of a trade, defined by the Predictive/Forecasting Model - Last frames (H4 and DAILY chart) will contain the most recent update in predictive/forecasting analysis - First, just a quick visual synopsis, looking back at this particular...
Friends, While the predictive/forecasting model is posting an early bearish market reversal signal, there are also fundamental and technical reasons to consider a potential bearish downturn in this $GBPCAD pair FUNDAMENTALS: Central bank decision regarding UK is expected to maintain interest rates unchanged. This implies that $GBP won't gain rally without...
Traders, JANUS PROP PATTERN TIMES TWO: This is one of those rare trades I put out that depend solely on a proprietary pattern I have named Janus. In fact, there are two of these patterns playing out on two separate timeframes. If the pattern influence price towards their respective completion, then TG-Hi = 103.703 should be answered first, followed by TG-Lo...
PREDICTIVE/FORECASTING + PROP./ADV. PATTERN + TARGETS Several technical tools point to probable reversal level. Applying predictive/forecasting model today with proprietary pattern overlay, all point to reversal at or near 11218. Prop pattern ("Great White") seeks resolution at an abysmal 9492. 1 - PREDICTIVE ANALYSIS/FORECASTING -- TG-Hi = 11218 - 04 2 -...
Friends, SYNTHETIC EXPRESSION: I decided to focus strictly on the price action of all 3 bitcoin exchanges, namely: 1 - BTCe 2 - Bitfinex 3 - Bitstamp I have averaged all three exchanges on an equal-weight basis, such that the current price reflects a synthetic expression of the following: (BTCe + Bitfinex + Bitstamp) / 3 Overall, the synthetic product is...
Traders, Predictive/forecasting model defined the following two bearish targets: 1 - TG-Lo = 1.55764 - 28 OCT 2014 and 2 - TG-x = 1.54661 - 28 OCT 2014. A discreet geometry could also be playing out via the height of a first significant retracement, projected downward. This method is similar to the Euclidean module projection (EMP), lining up perfectly with...