4xForecaster

4xForecaster

Traders, This new chart is worth heeding, based on the convergence of technical events explained in the chart's insert - I have copied and pasted it, as follows: "15 FEB 2014 - Price coming to a significant multi-year high nearing a multi-time frame Fib convergences. While these events may represent wild correlations, superimposition of our predictive analysis...

4xForecaster

Friends, Some surprising fundamentals helped lift the EURUSD above its 1.3700 ceiling with the help of disappointing fundamental US data - See edifying fundamental reviews offered by Kathy Lien here: www.bkassetmanagement.com From a technical standpoint, a bullish market reversal signal posted on our proprietary strategy and predictive analysis, bringing our...

4xForecaster

Friends, A brief update on this potential short: This past February 05th, we issued a warning for a potential short based on our prop predictive analysis and forecasting methodology. Analysis indicated a potential short, with a forecast level defined at 45.55. As of this morning, a deeper potential forecast low, defined as a secondary TG-2 = 40.26 is issued,...

4xForecaster

TARGETS: TG-1 = 23.45; TG-2 = 22.33 - Not final; pending SURF PATTERN: Shark OUTLOOK: 5-0 Pattern to significant structure + SURF definition David

4xForecaster

Friends, On February 01st, we posted a bearish target at 2.999 with a cautionary note that this DAILY copper chart will likely print a relief rally to the structure dwelling at 3.288 above. Since that cautionary remark, price has indeed moved 8 incremental candles towards that target, with a shallow respite, which basic pattern traders might possible grab as a...

4xForecaster

Friends, On February 02nd, we cautioned traders about a potential new historical high to 93.08 using this WEEKLY chart. Since then, a bullish pinbar sent price to a current weekly high of about 84.75, corresponding to a 2-month old structural resistance of a Shark. For the astute, advanced pattern trader, one should expect the current rally to stall at 50% of...

4xForecaster

Friends, On February 01st, we released this DAILY chart with a "Neutral" directional bias pending a bearish market reversal confirmation signal. This signal has yet to come, however, at that time, we highlighted two significant overhead resistance, one at 21.84 representing a probable level of reversal, and a second at 22.16, representing a historical structure...

4xForecaster

Friends, On February 03rd, we offered two charts with differing channel interplays. The idea was to decipher which momental lines had the greatest impact on price, and whether price would submit to reversal levels defined herein, at either 1.05076, 1.51523, or 1.52050. The middle target was hit dead-on (i.e.: defined by the tip-most part of a reversal "pinbar"...

4xForecaster

Friends, Can't say that the market for Bitcoin did not overeact. It hit our target (See a replay here: ) on its way to the 100, and waived us good bye a second time on its way back to 700, all at the speed of light - sort of. As of today, I am not sure I want to risk another chance of providing another forecast. The one above was right in terms of direction at...

4xForecaster

Friends, I won't post this one on Twitter. Just a quick editorial note here as an analyst, to alert you, the trader, and bring your attention to the fact that some EBAY charts produced on this site have widely differing data. One Ebay chart I just came across has data originating from BATS, whereas the one I have here has data generated from NASDAQ, yet both...

4xForecaster

Friends, On January 25th, we defined two bearish targets, one primary at 176.19 and a secondary at 167.97. In the interim, we also introduced an alternate Wolfe Waves pattern, with a target 1-4 Line which we anticipated to play as a backstop against a declining price ... And it did just that - See most recent analysis here: As of today, 06 FEB 2014, we are...

4xForecaster

Friends, Ever since we covered #MSFT on January 30th (See "Is Micro Soft?" here: and subsequent analysis here: ), the stock has managed to stumble out of a short-term bullish channel. A relief rally has a good chance to hit the underbelly of that bullish channel which it is likely to act as a backstop against further advance in price - A typical counter-trend...

4xForecaster

Friends, Yesterday, we released a bearish target, TG-1 = 45.55 from a 58.42 position (See our chart analysis: "Which Way To The Bear Party?" - ). Today, we let the bear point the way. Down. Indeed, the stock continued to fell to new lower lows over 5 news candles, even posting a new lower low yet according to TradingView.com after-market trading activities....

4xForecaster

Update/New Target - Bullish reversal confirmation - www.tradingview.com | #GOOG #Google #NASDAQ Here is link to prior analysis - Since that time, price hoisted itself to EAGLE Nest - Posted a bullish reversal confirmation: Cheers, David Alcindor | 4xQuad.com Predictive Analysis & Forecasting Denver, Colorado USA --------------------------- Follow our...

4xForecaster

Friends, As indicated in the prior technical analysis (see: ), the directional bias remains "Neutral". However, price behavior relative to the channels indicates that the bearish channel has had little influence so far on price relative as compared to the more obvious effects of the bullish channel, whose bottom border remains a significant support for the...

4xForecaster

Friends, We decided to cover #TWTR considering its news-related action today. We hope we are not too late to the party. Bear party that is. Our predictive analysis lines up with prior structural support. Expecting continued decline towards target unless bullish reversal signs emerge. A bullish upturn has not threatened the chart at this point, but a rally...

4xForecaster

Friends, as we continue to follow this EURCAD-H4 chart, particularly the channel interplay studies we initiated yesterday, I thought it appropriate to look at this particular "battle field" event, one in which a shared median zone defines the middle tier of a bullish and a bearish channel intersecting. In effect, this zone stands in the way of price much like...

4xForecaster

Friends, Today, we pretty much spent most of the day nit-picking at the AUDUSD pair on the 5-minute timeframe. This exercise was more a pretext to introduce ourselves and show what type of mindset we use to consider trades. It was done at such a small timeframe, because this afforded us a forward-moving price action over which we could explicate the concepts of...