Friends, A quick note here to state the obvious: The recent target at "TG-1 = 554.65 - 04 MAR" was also defined as support, as the prior analysis had projected bullish targets favored by my predictive analysis and forecasting. However, the markets are back at it, with fundamental supply of bear-waking news pressing the crupto-currency back into its abysmal...
Friends, I was just posting yet another predictive analysis and forecast on $USDCHF, highlighting a market that is currently favoring the USD - See that analysis here: Regarding this EURUSD pair, our most recent analysis (here: ) was from th top-side of a strong support (near the 1.37500), yet our predictive analysis and forecasting remained focused on two...
Friends, A signal came through yesterday, triggering a long trade contemplation, as the signal confirms a bullish market reversal confirmation in this pair. Momental lines (ghosted) as classic trendlines are drawn (bolded) in the price field to highlight a mature bullish pace well underway. Predictive analysis and forecasting system has defined TG-1 =...
27 MAR 2014: Friends, As you may know by now (see my prior Forex, stocks and index lessons on Wolfe Waves pattern trading), reversals at Point-5' ("five-prime") are much more common than reversals at Point-5 when dealing with the Wolfe Waves pattern ("WW"). Here is the most recent technical comment on this pattern as price carves out a top at Point-5': - In...
Friends, Cruising around the NYSE charts, my predictive analysis and forecasting system pointed to a potential bear, seen in Harley Davidson's stck ($HOG - #NYSE). First, a recent relief rally occurred, but failed to carve a new structure high. instead, it fell square into a price range I had defined as "EAGLE" (for Extremely AGgressive Level of Entry for a...
Friends, A very quick note ... Here is one that turned around quite fast and reinforced a bearish market reversal confirmation. Bearish targets are as follows: TG-1 = 4.052 - 26 MAR 2014, moderate probability and TG-Lo = 3.481, low probability More on this chart as price action unravels. Cheers, David Alcindor Predictive Analysis and Forecasting If...
Friends, Here we are again with another directional signal confirmation, to the downside this time. As you recall, we have been quite successful (and very precise) in the predictive analyses and forecasts with this major pair (See all three target forecast here: as well as subsequent analysis here: regarding that successful stream of forecasts). At this...
Friends, As you may recall, I presented the Wolfe Waves ("WW") pattern using different examples. In this particular case, we looked at a failed Point-5 reversal, which instead continued off to its Point-5'. In fact, yesterday, I was mentioning that as a matter of experience, whenever I come across a potential WW, I expect a reversal to occur at Point-5', as the...
Friends, A quick review of another advanced pattern, which I rarely trade, but sinde itwas "caught in the net" of my predictive analysis and forecasting system, which signed (not signaled, yet) a potential directional reversal and bearish target at 82.035, I thought it was worth putting it into that same analytical plane and keep an eye on it. The diamond,...
Wolfe Waves Pattern: Aftermath ... Lesson | $AUD $NZD #RBA #RBNZ #forex Friends, Last March 06th, I presented a potential short signal based on an advanced geometric pattern called the Wolfes Waves pattern. Now that its 1-4 Line was hit and price nearly hit our defined TG-1 = 1.05260 (missed by a mere 4.3 pips, unless you generously front your take-profit...
Friends, A high-risk trade coming thru, based on loose upside - I usually prefer more generous reward-to-risk ratios, but here it is: Partial Entry @ 91.58 SL @ 93.442 - More junior traders might consider a rallying into 92.758 vicinity to play it safe TP @ three potential levels, namely: 1 - TG-1 = 89.250 - 21 MAR 14, moderate probability 2 - TG-2 = 87.404 -...
Friends, Worth looking into this potential advanced market geometric pattern: Wolfe Waves. Not all requisite conditions are met (for instance, a perfect bearish Wolfe Waves would require a rising 2-4 Line and 1-3-5 Line. Here, only the 2-4 Line is rising. As a relaxed condition, I have looked for occult geometric events that would aggregate all conditions into...
Entry = 141.045 SL = 141.768 TP = 138.422 Cheers, David Alcindor TradingView.com Moderator, Alias: 4xForecaster Predictive Analysis & Market Forecasting PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by...
Friends, Predictive analysis and forecasting defined three potential bearish targets, namely: 1 - TG-1 = 13755 - 21 MAR 2014, moderate probability 2 - TG-2 = 13412 - 21 MAR 2014, moderate probability and 3 - TG-Lo = 12968 - 221 MAR 2014, low probability This trader's directional bias is bearish, whereas the predictive analysis and forecasting system just...
Friends, As you might recall, on March 12th, I presented this pair as I warned about the imminent possibility of a price reversal at Wolfe's Point-5 might (review analysis here: ). Instead, price action sought out a loftier level at 5-prime (5'), where it currently consolidates. 5-prime represents one of two potential adverse excursion (second one extends off...
X (US Steel) - New Target @ 30.422 | #Steel #NYSE Pending bullish market reversal signal David Alcindor Predictive Analysis & Forecasting
Friends, At this point, we finally hit ALL forecast targets that were defined initially on February 15th, and of late, March 05th, 2014. Following is a review of the prior analyses and forecast defining all targets: 1 - Replay here before all targets getting hit: - 2 - Last analysis here: - OVERALL: For the time being, we will sit on the side and see...
AUDJPY - Long entry - Trade Record Entry @ 92.211 - 12 MAR 2014 TG-1 = 93.382 - 12 MAR 14, high-probability TG-2 = 95.655 - 12 MAR 14, moderate-probability TG-Hi = 101.354 - 12 MAR 14, low-probability (ghosted) TG-Max = 103.711 - 12 MAR 14, low-probability/Great White (not shown) SL = 91.628 * * * Trade shared on TradingView.com only; not published on...