4xForecaster

4xForecaster

Friends, Recently, I offered a definition over certain terms I use in my predictive analyses and forecast, one of which was sign vs. signal. For instance, in the Loonie, an early bearish market reversal event occurred, constituting a market directional sign (i.e.: a signal lacking confirmation). Once the system posts a confirmation of this potential bearish...

4xForecaster

Friends, A quick Tech-Note here. Last week, we offered two new bullish targets (here: ), and renewed the bullish outlook with a cautionary technical word on a probable interim rally (here: ). At this time, price seems to have found a potential discreet technical support at the crossing of two bullish momental channels - See circled highlight in chart....

4xForecaster

Friends, This February 17th, I offered a predictive analysis that would define a few targets (here: ), namely: TG-1 = 0.83653 - 17 FEB 14, as a high-probability target and TG-2 = 0.84504 - 17 FEB 14, as a moderate-probability target. At this point, TG-1 = 0.83653 - 17 FEB 14 got hit dead-on, that is right at the tip of its candle before a new candle...

4xForecaster

Friends, As indicated in the comment made following the release of the bullish reversal signal: "Cautionary Note: I would NOT trade this until a candle closes above the overhead resistance. Right now, the analysis has turned bullish, but it is up to the trader to define his rule of engagement. Added confirmation won't hurt. Cheers! David Alcindor, MOD " What...

4xForecaster

Friends, Today saw a resurgence of bullish strength, and a cautionary note was added to the chart by defining technical conditions under which a reversal would be confirmed. These conditions have been met, and the chart has now taken a bullish stance. As we abandon the now-lower probability of a decline and reset our mindset into skywards expectations, here...

4xForecaster

Friends, A quick tech-note here to alert that a potential reversal might occur on two technical bases: 1 - Our predictive analysis is printing an early bullish market reversal sign, pending signal confirmation and 2 - Price action has moved opposite to forecast direction and is now testing overhead resistance of momental channel. OVERALL: For reasons...

4xForecaster

Friends, Yesterday we offered the following two BULLISH targets (see analysis and forecast here: ). Despite significant BEARISH fundamental and technical changes in other majors ($USDJPY), the $EURGBP has remained quite resilient and continues to lean towards our targets overhead. At this point, a structural break would add further credence to the analysis...

4xForecaster

Friends, AUDNZD has been under our analysis for a few weeks now, and all forecasts (see below links) have remained respectfully in line with ensuing price action. Once again, price has moved in the forecast direction, and no particular event (be it fundamental, technical or system-wise) has emerged to upset or contradict the original forecast. Again, following...

4xForecaster

Friends Yesterday we hit our target dead-on (See chart here: and prior analysis here: ). Not posted was an older target defined an abandoned, originating from November 26th, 2013, calling for a significant support at 2.944/2.938 range. We would like to reactivate this target as of this hour, as price is nearing it (currently, price posts 2.955 without having...

4xForecaster

Friends, Last week, we posted a bearish outlook and abysmal targets, both of which received added confirmation mot only by fundamental news emanating from a deteriorating Asian market this week, but empirically from the dynamic price decline that occurred since market's open this Sunday - Here is the most recent analysis in reference: . At this time, price has...

4xForecaster

Friends, With recent fundamental news revealing a failing Abenomics regimen, combined with increasing oil prices and weakening levels of consumption weighing on its export-dependent economy, one might expect that the BoJ might once again think about pulling on that easing level once more. Or at least sooner than later. PREDICTIVE ANALYSIS = BULLISH, PENDING...

4xForecaster

Friends, As this small cap nears a significant resistance level at TG-1 = 1246.09, I added multi-year momental lines projections into parallels to highlight significant dynamic and static support resistance areas. The momental lines acting as dynamic support/resistance across the field can also help correlated with the static target levels defined by the...

4xForecaster

Friends, Some of you may now know that I have progressively migrated from my formerly Facebook home to my new nest at TradingView. Another change that should be quite obvious, is that I will now reveal some of my on-going and future trading activity. However, I have stopped my lessons as I decided to concentrate on my own trading, so some of you will understand...

4xForecaster

Friends, Last February 01st, our predictive analysis and forecasting offered a potential price action, seeing first TG-1 = 3.158 as a potential support, then 3.288 as resistance, and finally, eyeing 2.999 as an abysmal low-target, defined as "TG-Low = 2.999 - 01 FEB 2014. What ensued was nothing shorter than a perfect adherence to the anticipated price action -...

4xForecaster

Friends, Things did not turn so well in Asia this weekend, if we consider lackluster results coming out of China. In Forex currencies, this should translate into bearish pressures over currencies whose economies are net export dependent relative to mainland China, namely AUD and NZD. Yet, looking at the AUDNZD cross, the question is quite clear: Which direction...

4xForecaster

Friends, Things did not turn so well in Asia this weekend, if we consider lackluster results coming out of China. In Forex currencies, this should translate into bearish pressures over currencies whose economies are net export dependent relative to mainland China, namely AUD and NZD. Yet, looking at the AUDNZD cross, the question is quite clear: Which direction...

4xForecaster

Friends, Yesterday, we posted a preliminary bearish statement, calling the trader's attention to a possible downtrend. I made it clear that the bearish statement was lacking an early bearish market reversal, and to this day, that signal has not been emitted. Yet - Here is the prior analysis and the option for you to replay the price action: ANALYSIS HOLDS AT...

4xForecaster

For the record, short triggered @ 0.91223 Background pattern: - Great White Reversal Pattern: - Modified Wolfe/3-Drives Internal Pattern: - Bearish Shark Target: 1 - TG-1 = 0.86946 - 07 MAR 14 2 - TG-Lo = 0.85845 - 07 MAR 14 NOTE: Watch for 5-0 completion and adverse excursion > entry point. Directional Bias: - SHORT System Direction: Neutral...