Above is just fast analysis of the current market situations on charts from 5Min to 30Min based on Gravitational Lines. This is just sample experiment limited by so many constraints preventing me from having proper analysis. Once I complete programming / automation of my work, I will be able to regularly forecast upcoming market moves with high accuracy.
It seems bye bye for more Dollar rate hikes during 2019. Let's if I have captured the true trend of the market now and see if the market can test higher targets mentioned on the chart 2865 and 2922. I used Kinetick for free data but the platform doesn't allow capturing the last two bars at the right hand side. I will figure out solution and overcome this issue.
Experimental Idea: New technique for forecasting price targets. This is the first test and let's see how it goes from here. Green line should be touched during next week no later than 2nd April 2019. There is red line representing market extreme range to be reached during the period specified above. I have removed it due to missing few bars in the available...
Experimental Idea: New technique for forecasting price targets. This is the first test and let's see how it goes from here. Green line should be touched during next week no later than 2nd April 2019. Red line is the farthest price expected to be reached during this time period. Please note that error percentage is relatively higher here due to few missing...
Just Testing: EURO to continue declining to the bottom of expected range.
We are back.... Just brief description of what we expect to happen next week: 1- Daily bottom is expected tomorrow, this could be one day earlier if price doesn't go below the low of 2107/08 to 2094 level. 2- This bottom coincides with weekly bottom expected next week. So we might see bounce in S&P price during early next week. 3- This analysis is based on...
Daily short-term outlook, expect ES to end the upward move starting from today / Monday. Targets are 1904 / 1895 / and possibly 1865. You need to be cautious, because projections for the next weekly bar is top to be formed on weekly chart.
This week / next week to form weekly top Projected Prices to be published later.
Expecting ES to continue declining for next couple of days.
ES plummeted roughly 165 points from December daily top into the bottom expected on Friday Jan 8th plus one trading day. This week is expected to be the bottom on weekly chart provided that ES goes up and close above 1916 level on the daily chart. US equities. Early bounce to the week could be delayed as most indicators remain overbought indicating later...
We are back. Fundamentally we don't have too much to say about the markets as professional traders started to return to their trading desks after sluggish markets during last couple of weeks of December 2015. Back to the charts of Emini S&P500 which shows daily top on Dec 29th, 2015 which has been confirmed today Monday 4th Jan. by reaching the first target...
What is guessing? it is to estimate or suppose (something) without sufficient information to be sure of being correct. Forecasting is advanced stage of guessing where we estimate that a specified thing will happen in the future or will be a consequence of something or condition occurred in the past or an event that is happening now. Knowing is the ultimate...
Weekly target has been reached today and it was really wonderful setup. The beauty of trade was the confluence of short setups on weekly & daily charts that enabled us to wait longer for distant profit target. Second weekly target for those who want to continue holding their position will be 1102.00 if they can psychologically tolerate holding profitable trades...
You only have the past data plus what is going on now, that is the present to predict the future price action. So what you need exactly to be a successful trader?? - Well, you need the odds to stack up to pick the right direction of each trade. - System, method, strategy that generates big winners vs losers. - Be emotionless by having precise entry / exit...