Some of my forecasts

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Eagle, as per post #1090, we are agreeing.


@Pips
I don't remember which post. I posted just to have your opinion on them, because I hardly tracked them. Now, today after a long time I pulled something up on ichi. On it Tatasteel seems to have had it. Kijun plunged and shot through tenken from above 3 candles before. Cloud geometry is not helpful either for upward movement. On my other personal system (which I trust more), it has already had clean break from 461... I will see tomorrow how it moves.
 

EagleOne

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That is it, buddy. As I said a while back, it is always good have a wise friend's opinion! Besides, I was feeling bit rusty looking at Ichi. :)

Thanks
 

EagleOne

Well-Known Member
Re: Sbi

Wow! VJAY, I have to admit to everyone reading this that was a total error, on my part, to even bring that up.
To make a long story short 1640 "could" be the means for an explosive reversal, but that area does not pertain because of the recent TL break. Therefore, in lieu of the TL break, I should have never brought the 1640 level up.
Sorry about that.
1640..hmmm...it may come. :) 1700 -1800 PEs were doing fine business today!
 
Eagle, there are many mixed outlooks on many of the markets, because of mixed outlooks on many TF's and the way they look within the respective TF's. Even in doing the Weekly Forecasts, it was tough. Most of them have looks of going east, or strong volatility, or strong breakaways. It is the kind of outlook that can make me look real bad when I do the Weekly Review. OTOH, most of those markets I plan on leaving alone trading-wise.
Having said all that, TS is one market that has the stronger of the directional biases.



That is it, buddy. As I said a while back, it is always good have a wise friend's opinion! Besides, I was feeling bit rusty looking at Ichi. :)

Thanks
 

EagleOne

Well-Known Member
You got that right. I call such markets 'honest'. That is why I am interested in it.
 
Re: Sbi

I messed up for bringing that level up. It will only be effective if we got another false break of the TL.

This just dawned on me while I posted the previous paragraph. If on the false break of the TL, I mentioned that level after price action came back under the TL, then I was right in reporting it, and my apology was in vain.
That would have been an SD channel extreme on the 4-hour and would have resulted in a strong spike of my MS2 at 1695.

Anyway, the level is nullified as long as the daily TL holds up.


1640..hmmm...it may come. :) 1700 -1800 PEs were doing fine business today!
 
Sgd/jpy



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As per request:

I wish I got this message earlier. I would have called the reversal at the MS3/WS2 combo as seen on the chart. The correction has begun. Where the tenken and kijun have leveled at is where I would look for initial strong R, which is 61.25. After that process is finished, I would look for the correction to continue to 62.10.
Keep in mind. This is only a correction. It is likely 62.10 becomes a decision point, as this pair will head lower in months to come.
 
Chf/jpy



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I talked about this pair last Tuesday, and the imminent reversal that is about to happen. As you can tell by this weekly chart, the downward thrust has lost its team, and is even more evident on the daily. There will be other R's along the way, but I'll reiterate from the previous post that TK combo at 97.41 as seen on this chart is minimum expectation.
 
Hi Paul,

As regards your TataSteel projected-levels, I do hold it in my portfolio, is it a good time to exit it ? or wait for higher levels since markets are bullish today ? Also plz give your valuable opinion on Reliance (again I do have it).

Thanks for all your skills, experience, time, co-operation, patience & for everthing else too :)

Thanks a lot.
 
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