Some of my forecasts
- Thread starter 4xpipcounter
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Akpinku, with the recent split on TM, it has fouled my charts all up. My 30-min on down are the only ones back to normal. In basing any kind of a view in just using them, I would say the 30-min kijun is in view at 151.95. As a safer gauge, the WS1 at 153.14 could be hit.
The only other objective evidence I can find with regard to the higher TF's is the 764.93 level before the split, which translates to 152.98 at current level. It appears a slight correction could have been seen, but that is no longer the case. It still puts a perspective on this week's WS1.
There are no certainties behind my view only because I have no read with regards to the higher TF's, because the split made it hard to discern heads or tails of my charts.
The only other objective evidence I can find with regard to the higher TF's is the 764.93 level before the split, which translates to 152.98 at current level. It appears a slight correction could have been seen, but that is no longer the case. It still puts a perspective on this week's WS1.
There are no certainties behind my view only because I have no read with regards to the higher TF's, because the split made it hard to discern heads or tails of my charts.
Sir I am short in tata Motor @ 160, please guide
Weekly Forecast--091811
EUR/USD: The weekly TF is weighing heavily on this pair, but the daily is still showing a move further north. The WR1 at 1.3916 should be hit this week, but we need a daily close in that area, and then this pair should have the incentive to move quite higher. The thing with the weekly is that a thin clouds bottom has been hit along with the SD channel extreme. That, alone, could be enough to have the weekly change is mind and reverse its course. This adds up to what should be a quick move to weekly kijun at 1.4215. Watch for the WS1 at 1.3671. That is going to be a decision point.
USD/JPY: This pair continues east on a narrow road. The only way to break this up is to see a move to the strong R area from 77.8478.56.
GBP/USD: The Up towards 1.7333 is over unless we got a headfake in the weekly cloud and below the weekly TL. The thing that says it is a headfake is that it was not the typical strong candle that took the TL out. If this is the real thing, then we are headed to the bottom of the weekly cloud at 1.5312. Watch for reaction at the daily tenken at 1.5951. That would be tough to get this week. The WR2 is 1.5886.
USD/CHF: This pair is still headed to the monthly kijun at .9396 and the bottom of the weekly cloud at .9457. OTT, it is hard to ascertain what the Swiss pairs are going to do shorter term because they are as erratic and volatile as can be. The favored scenario is to look for a correction back to the daily tenken at .8373.
EUR/CHF: This pair is headed to the bottom of the weekly cloud at 1.2961. Look for a correction back to the daily tenken at 1.1599
AUD/USD: Possible containment this week should be circa 1.0498. Look for the top of the weekly cloud at .9956 to provide an explosive reversal. This week the dip should take us to the WS1 at 1.0266 or the WS2 at 1.0194.
USD/CAD: Look for containment to be at the bottom of the daily cloud weekly/TK combo at .9707. The WS1 is .9710, so that area is perfect. Afterward, we should see the WR2 at .9913 being hit. The only thing that leaves doubt to this outlook is the original reversal off the bottom of the weekly cloud is a strong containment area. We could see a further residual effect from it.
NZD/USD: The 4-hour TL has contained the reversal thus far, but it does not mean it will continue to do so. The area of .8400 to .8409 looks solid for any kind of a move to the upside. The weekly kijun has moved from the .7973 to .8065. I still would not be surprised to see the .7973 to be hit on the downside if not lower. That move will probably not be completed this week.
EUR/GBP: This pair has still not found its way back into the daily cloud, but it should be forthcoming. Once it happens, then it is a clear shot to the top of the cloud at .8861. It should contain for a very strong reversal. The WS2 is .8882, so it should be hit this week. A correction should begin the week, but the WS1 at .8663 should contain.
EUR/JPY: The area of 107.42 to 107.89 needs to contain if we continue to head lower. If that area is taken out, then we head to the daily TL at 109.31. The WS1 at 105.06 should contain for the week. On the upside, even if 109.31 is hit, it is not expected this week.
GBP/JPY: Ive alluded to it a lot, but the weekly TL, currently at 105.02 remains a major obstacle. Downside momentum is beginning to wane, and it is a matter of time when a longer term correction will begin. The WS1 is 120.52 and the WS2 is 119.87. Most likely the WS1 is containment to the downside for the pair, while the latter would be absolute. WE should see the WR2 at 122.47 being hit this week.
EUR/USD: The weekly TF is weighing heavily on this pair, but the daily is still showing a move further north. The WR1 at 1.3916 should be hit this week, but we need a daily close in that area, and then this pair should have the incentive to move quite higher. The thing with the weekly is that a thin clouds bottom has been hit along with the SD channel extreme. That, alone, could be enough to have the weekly change is mind and reverse its course. This adds up to what should be a quick move to weekly kijun at 1.4215. Watch for the WS1 at 1.3671. That is going to be a decision point.
USD/JPY: This pair continues east on a narrow road. The only way to break this up is to see a move to the strong R area from 77.8478.56.
GBP/USD: The Up towards 1.7333 is over unless we got a headfake in the weekly cloud and below the weekly TL. The thing that says it is a headfake is that it was not the typical strong candle that took the TL out. If this is the real thing, then we are headed to the bottom of the weekly cloud at 1.5312. Watch for reaction at the daily tenken at 1.5951. That would be tough to get this week. The WR2 is 1.5886.
USD/CHF: This pair is still headed to the monthly kijun at .9396 and the bottom of the weekly cloud at .9457. OTT, it is hard to ascertain what the Swiss pairs are going to do shorter term because they are as erratic and volatile as can be. The favored scenario is to look for a correction back to the daily tenken at .8373.
EUR/CHF: This pair is headed to the bottom of the weekly cloud at 1.2961. Look for a correction back to the daily tenken at 1.1599
AUD/USD: Possible containment this week should be circa 1.0498. Look for the top of the weekly cloud at .9956 to provide an explosive reversal. This week the dip should take us to the WS1 at 1.0266 or the WS2 at 1.0194.
USD/CAD: Look for containment to be at the bottom of the daily cloud weekly/TK combo at .9707. The WS1 is .9710, so that area is perfect. Afterward, we should see the WR2 at .9913 being hit. The only thing that leaves doubt to this outlook is the original reversal off the bottom of the weekly cloud is a strong containment area. We could see a further residual effect from it.
NZD/USD: The 4-hour TL has contained the reversal thus far, but it does not mean it will continue to do so. The area of .8400 to .8409 looks solid for any kind of a move to the upside. The weekly kijun has moved from the .7973 to .8065. I still would not be surprised to see the .7973 to be hit on the downside if not lower. That move will probably not be completed this week.
EUR/GBP: This pair has still not found its way back into the daily cloud, but it should be forthcoming. Once it happens, then it is a clear shot to the top of the cloud at .8861. It should contain for a very strong reversal. The WS2 is .8882, so it should be hit this week. A correction should begin the week, but the WS1 at .8663 should contain.
EUR/JPY: The area of 107.42 to 107.89 needs to contain if we continue to head lower. If that area is taken out, then we head to the daily TL at 109.31. The WS1 at 105.06 should contain for the week. On the upside, even if 109.31 is hit, it is not expected this week.
GBP/JPY: Ive alluded to it a lot, but the weekly TL, currently at 105.02 remains a major obstacle. Downside momentum is beginning to wane, and it is a matter of time when a longer term correction will begin. The WS1 is 120.52 and the WS2 is 119.87. Most likely the WS1 is containment to the downside for the pair, while the latter would be absolute. WE should see the WR2 at 122.47 being hit this week.
Sir I am short in tata Motor @ 160, please guide
The problem with any split up is it tends to make its own pivots based on new pricing. As the tatamotors' lot size is now 1250 (i think), it means a 1 point move equals 1000 Rs after brokerage etc. It is gonna be a true punters' stock. So you better watch out for any short-term up spike. Remember LIC split a few months back?
Uuhm, excuse me maam!? There are no idiots in my thread. He asked a perfectly intelligent question, and I am sure he will be on the winning side of it when the dust settles.
After all, he was short at 160. My WS1 is 153.14, so what would be wrong with taking profits at that point?
Also, Toing, I am far from an internet freak. Trying reading my thread and my forecasts. I'll guarantee you if that is all my worth was, I would be out of here. Don't forget it!
For the benefit of other readers, this is what trading is all about. If we can look back on our trades and see profits, then please tell me where the idiocies would be.
As far as you are concerned, Toing. Why we don't concentrate more on friendship than you name calling.
After all, he was short at 160. My WS1 is 153.14, so what would be wrong with taking profits at that point?
Also, Toing, I am far from an internet freak. Trying reading my thread and my forecasts. I'll guarantee you if that is all my worth was, I would be out of here. Don't forget it!
For the benefit of other readers, this is what trading is all about. If we can look back on our trades and see profits, then please tell me where the idiocies would be.
As far as you are concerned, Toing. Why we don't concentrate more on friendship than you name calling.
You just answered one, Pips buddy!
But I am afraid this reasonability of your is not going to produce any 'towing-towing' in a manure-filled head.
The best thing you can do is, ignore. If the pig-headedness persists, and gets annoying, send a PM to ST. He will remove all his foul-smelling droppings by pressing 'delete' just once.
Good night, friend.
Re: Weekly Forecast--091811
DM, don't take it for face value. I always encourage people to follow it up and to read the Weekly Review. This adds authenticity.
The derivation of the levels are done through the wholeness of my entire methodology. It's just experience.
Thank-you for your well wishes. Wishing you the same.
DM, don't take it for face value. I always encourage people to follow it up and to read the Weekly Review. This adds authenticity.
The derivation of the levels are done through the wholeness of my entire methodology. It's just experience.
Thank-you for your well wishes. Wishing you the same.
I want a date with you. LOL. How do you predict these leves? with your secret formula? I wan a join your class form tomorrow. tell me your next batch time. Have a great Sunday friend.
Eagle, it may have already been done. I tried to respond to another of her posts and the message came on saying "User does not have significant privileges.
Manure is good for the fields it helps the crops grow--lol.
BTW, she was annoying as soon as she blasted one of my friends in my thread.
Good-night, Eagle. May you fold your feathers in perfect restful sleep.
My cats are still debating over what R is..."grrrr grr"
Manure is good for the fields it helps the crops grow--lol.
BTW, she was annoying as soon as she blasted one of my friends in my thread.
Good-night, Eagle. May you fold your feathers in perfect restful sleep.
My cats are still debating over what R is..."grrrr grr"
[/U]
You just answered one, Pips buddy!
But I am afraid this reasonability of your is not going to produce any 'towing-towing' in a manure-filled head.
The best thing you can do is, ignore. If the pig-headedness persists, and gets annoying, send a PM to ST. He will remove all his foul-smelling droppings by pressing 'delete' just once.
Good night, friend.
You just answered one, Pips buddy!
But I am afraid this reasonability of your is not going to produce any 'towing-towing' in a manure-filled head.
The best thing you can do is, ignore. If the pig-headedness persists, and gets annoying, send a PM to ST. He will remove all his foul-smelling droppings by pressing 'delete' just once.
Good night, friend.
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