LESSON: $GBPNZD #fibonacci Strat. #forex $GBP $NZD #RBNZ #BOE Friends, Following is a quick review of a Fibonacci-based methodology I used to employ in trading. Please, consider following the actual trade with its original predictive/forecasting analysis at this link: 1 - FIRST and foremost, I make it a rule that my zero and 100 Fibonacci levels are...
Friends, Yesterday, we looked at the Geo methodology, defining a high-probability target by the use of its "Off-Set Rule" - see set up and target-hit here: ). Today, we are considering the conventional Wolfe Wave pattern, eyeing a possible target along its 1-4 Line, as shown in the following chart: Of geometric note here, it is interesting to see how the...
Friends, An unusually short-term consideration here, as we are witnessing the nascence of a Wolfe Wave/Geo. Point-5' completed, suggesting a very high probability hit at the FIRST highlighted zone. Subsequent levels represent vanishing probabilities. The prior chart remains bearish in its M/T outlook - See it here: Best, David Alcindor Predictive...
Friends, As per Geo's "Off-Set Rule", attainment of a 5-second (5") will likely build a significant support at the price level corresponding to the geometry's Point-3. This range is defined as - 122.012 to 121.576. As per prior analysis, the Predictive/Forecasting Model remains bearish, having set a qualitative target that has remained unchanged since the...
Hello friends, As a continuation to a glacier-paced trade from 22 JAN 2015, we are following the development of $AUDNZD's price action. Of late, a Wolfe Wave completed. Taking an alternate angle on the geometry by using the "Geo-Anchor" as a reference point to define the 1-4 Line, we are now looking at a potential target as defined in the following chart,...
Friends, You you followed the "Adv. Market Geometry Lessons" offered over the past months, you are now aware of this pair having hit its bullish targets in the way up, and most recently, its first bearish quantitative target ("TG-1") as we defined a top-reversal and are now considering a probable decline. The Predictive/Forecasting Model targets are as...
Friends, Predictive/Forecasting Model had already suggested imminent decline (see prior analysis in my threads). In this particular pair, a primary, quantitative target emerges at significant historical structural levels - See line-up of highlights in following chart: In the background, a nascent geometry is taking shape, carving out a speculative...
Friends, This pair has been quite clement with us, as it has consistently adhered to the Predictive/Forecasting Model forecast in recent and distant analyses. At this time, there is a high-probability of reversibility, based on the Model's Qualitative Target having been reached at 187.590 from prior depth. The current Predictive/Forecasting Model...
Following is a brief step-wise approach to the refinement I have applied to the Mr. Bill Wolfe's Wolfe Wave (www.WolfeWave.com) pattern. Although in his introductory site (www.WolfeWave.com), Mr. Wolfe insists that no internal geometries needs to supplement this pattern, my encounter with this pattern came originally from a different angle, having discovered my...
Friends, #RBA rate cuts to historic low did nothing to interdict price's sustained rally towards targets defined this past January 2015 (see original analysis here: www.tradingview.com ) Hence, the following targets remain in force: 1 - TG-1 = 0.84131- 05 MAY 2015 2 - TG-Hi = 0.86144 - 10 JAN 2015 and 3 - TG-Hix = 0.95025 - 10 JAN 2015 Also defined...
A geo is playing out here, propelled by a weaker USD. The traditional 1-4 Line is foregone, and instead it has been supplanted by a more conservative Alt. 1-4 Line, created from the "Geo Anchoring" concept discussed in prior analysis, defined therein by the GREEN asterix. A Predictive/Forecasting Model has not been submitted for target definition at this...
This past April 21th, the Predictive/Forecasting Model churned out the following two qualitative targets: 1 - TG-Lo = 1.87545 - 21 APR 2015 and 2 - TG-Lox = 1.85918 - 21 APR 2015 A geometric overlay provides a visual reference to support above forecast, whereis a Point-4 pf a larger system may have completed a Double-Top with a preceding Point-2 of a lesser...
Last April 15th, I posted a highly speculative interplay of geometries, wherein a dominant geometry (II) would support the rallying of price from its Point-3 (grey), invalidating III and supporting I - Posted as of the origin of the orange, dashed arrow. Price held its tack so far, invalidating III and continuing adding credence to I - The overall expectation...
At 1.04613, the nadir of last month also marked the exact level at which the LEFT completion of the geometry sent price to its 1-4 Line validation. Upon a new month, price rose from that geometric validation, and appears to remains in suspension as of this writing (23 APR 2015). Just as important, a new geometry has reached completion at its 5th plot, and...
Background geometry completed at Point-5 but posted an ectopic Point-5 as Point-5-prime (5'). As this adverse geometric excursion resolved, price continued to decline first via a complex series of corrective coiling, and of late into a sustained impulse. The geometry is illustrating two distinct geomtric targets via its 1-4 Line. A rudimentary one is defined at...
Yesterday, we did an initial study of the background nascent geometry (see it here: ). As the geometry was still unfolding, we strived to define Point-4 in the interest of entering a LONG position. This exercise was aided by the method I develop, which simply consists of defining a "Geo Anchor", or a supportive inflection points that typically emerges out of...
Ready for this NEW one? We are adding another long-term chart to the collection of "Adv. Market Geo" lessons, looking in the eyes of a DAILY chart. The particular importance of this one is that the DAILY bar has not completed its daily consumption, and that although it has penetrated the 1-3 Line, ONLY a new bar can trigger any consideration for a LONG position....
Price reached a significant Wolfe Wave landmark, namely its "Take-Profit" area, along its 1-4 Line - See chart below: The Predictive/Forecasting model posted a quant-target today, and maintains two older qual-targets from last February, namely: 1 - TG-1 = 181.191 - 22 APR 2015: High-Prob. Hit, Low-Prob Reversal 2 - TG-Hi = 185.707 - 19 FEB 2015: Low-Prob....