Some of my forecasts
- Thread starter 4xpipcounter
- Start date
- Status
MR paul, good morning LOL, this post tells me how fine I may be doing ! I have still a lot to learn about ichimoku before going live again !
btw nzd/usd weekly top cloud has been hit I expect to see a reversal to the up again but I am not sure , even if the reversal happens I don't think it will contain, monthly price is below the kinjun there is a strong support seen at the bottom of the monthly cloud 0.6559 on the longerm term I expect this level to be hit!
gbp/jpy -H4, the storm finally pushed the pair to the downside ,expecting the move to 117.76 now breaking below will open the gateway for the lowest off all time 116.85 !
I didn't ask about aud/usd do you expect the pair to hit the bottom of the weekly cloud at 0.9320 and the reverse or brake the cloud? I am expecting for some good reversal moves ! what do you think?
btw nzd/usd weekly top cloud has been hit I expect to see a reversal to the up again but I am not sure , even if the reversal happens I don't think it will contain, monthly price is below the kinjun there is a strong support seen at the bottom of the monthly cloud 0.6559 on the longerm term I expect this level to be hit!
gbp/jpy -H4, the storm finally pushed the pair to the downside ,expecting the move to 117.76 now breaking below will open the gateway for the lowest off all time 116.85 !
I didn't ask about aud/usd do you expect the pair to hit the bottom of the weekly cloud at 0.9320 and the reverse or brake the cloud? I am expecting for some good reversal moves ! what do you think?
Last edited:
Forexworld, this is why the forex picture is so interesting. There are many markets getting ready for key and huge reversals.
BTW, it is a strong point to be patient and just let the method come to you and really learn it instead of jumping in. It seems you are also learning it as it becomes personal for you and not just what someone told you, whether it be me or someone else. I work with a few people one on one. The main malady I run into are ones that are just in too much of a hurry, then they pay the price by jumping the gun. They fail to realize if they really learn this stuff, they have the rest of their lives to enjoy the rewards.
This area should be a temporary containment level. This is a fresh cloud, as is evidenced by the fact it has been 58 weeks since the candle was inside it. Here, we are talking about containment as being the body of the candle resting on top of the cloud when the week is over. Therefore, it could still drop further and the top of the cloud still contain. What seems clearly evident is we will get a strong move north before the week is out.
The weekly does have some strong momentum pushing down on it still, but any strong reversal will fix that.
A look at the monthly and what was an OB condition on the stochs is indicating there is still a ways to go in the DOWN. Containment to the north should be the weekly kijun at .8166 and a minimum target of the tenken at .8033.
Additional support for the drop will be seen at the weekly TL at .7458, and the WS2 at ,7425 should contain any spike after that. It does not mean any of that will be hit. The warning for the reversal is the top of weekly cloud being hit.
BTW, it is a strong point to be patient and just let the method come to you and really learn it instead of jumping in. It seems you are also learning it as it becomes personal for you and not just what someone told you, whether it be me or someone else. I work with a few people one on one. The main malady I run into are ones that are just in too much of a hurry, then they pay the price by jumping the gun. They fail to realize if they really learn this stuff, they have the rest of their lives to enjoy the rewards.
This area should be a temporary containment level. This is a fresh cloud, as is evidenced by the fact it has been 58 weeks since the candle was inside it. Here, we are talking about containment as being the body of the candle resting on top of the cloud when the week is over. Therefore, it could still drop further and the top of the cloud still contain. What seems clearly evident is we will get a strong move north before the week is out.
The weekly does have some strong momentum pushing down on it still, but any strong reversal will fix that.
A look at the monthly and what was an OB condition on the stochs is indicating there is still a ways to go in the DOWN. Containment to the north should be the weekly kijun at .8166 and a minimum target of the tenken at .8033.
Additional support for the drop will be seen at the weekly TL at .7458, and the WS2 at ,7425 should contain any spike after that. It does not mean any of that will be hit. The warning for the reversal is the top of weekly cloud being hit.
Good Morning mr paul, It looks like you have years of experience in the forex world, its been a year for me I have tried various other technical indicators but none of them was working for me so I finally switched to ichimoku It is very different from the other analysis and accurate! I will take my time before going live! but I have small bills to start with ! I completely agree with you we can get a strong move north to the weekly tenken min and even the kinjun I am just waiting for the candle to close above the cloud ! for now it looks like it has entered the cloud and is very near from hitting the weekly trendline at 0.7458 but as the monthly price has settled below the kijun I was also expecting some down moves regarding the ! Hitting the minimum weekly tenken will indicate a cross above the monthly tenken, if this happens it will be s monthly bullish sign ! what do you think?!,
Last edited:
I forgot to attach your comment on the last post, so here we go.
I noticed the time of your post. You were saying, "Good morning!", and I was already in bed .Now it is "Good morning!" from me.
I mentioned in my Weekly Forecast about key S points for the GBP/JPY 119.49 and 118.80, they were taken out and we see the long candle from yesterday as a result. Regardless of how bearish this picture looks, the ichimoku on the weekly tells us the story. The last couple of weeks has begun a consolidative picture, at least by comparison to the last 24 weeks. Regardless of the break it made yesterday, there are still definite signs a reversal is clearly imminent.
Getting back to the weekly, and even looking at the daily in conjunction, the candles are getting buried under the cloud. You could even plot your grid on there and always take note there is a maximum amount of horizontal grid lines that any market will dip under or over the cloud in any TF. The nice thing about the higher TF's is the trader can prepare in anticipation of the reversal.
The weekly is showing a not-so-obvious sign of the immanency of the reversal:
1. We are buried, as I already mentioned.
2. Look at the bottom of the cloud. Notice it is level at 129.09, but 2 stripes in the cloud (Representing 2 weeks.) it levels again while climbing to 131.35. Let's say price remains where it is now. It simply means price is buried an additional 226 pips under the cloud.
3. The cloud is also telling us 131.35 is the highest peak for the correction. Needless to say, the cloud is going to be fresh, and it is the highest peak at the bottom, as it becomes bearish after 131.35. In essence, if it is going to hit that level, it has 15 weeks to do it, or the containment will descend after that. This is one way to use the ichimoku cloud as a time element.
Moving on to the AUD/USD:
I had been saying for 3 months this pair was on its way to .9390, and as of this writing we are just a few pips away, and it appears to have further to go.
The irony of it all it broke one of the cardinal rules. It took out a fresh weekly cloud, and it is approaching the bottom.
Reversal moves?!?! Hang on your seat belt!
I noticed the time of your post. You were saying, "Good morning!", and I was already in bed .Now it is "Good morning!" from me.
I mentioned in my Weekly Forecast about key S points for the GBP/JPY 119.49 and 118.80, they were taken out and we see the long candle from yesterday as a result. Regardless of how bearish this picture looks, the ichimoku on the weekly tells us the story. The last couple of weeks has begun a consolidative picture, at least by comparison to the last 24 weeks. Regardless of the break it made yesterday, there are still definite signs a reversal is clearly imminent.
Getting back to the weekly, and even looking at the daily in conjunction, the candles are getting buried under the cloud. You could even plot your grid on there and always take note there is a maximum amount of horizontal grid lines that any market will dip under or over the cloud in any TF. The nice thing about the higher TF's is the trader can prepare in anticipation of the reversal.
The weekly is showing a not-so-obvious sign of the immanency of the reversal:
1. We are buried, as I already mentioned.
2. Look at the bottom of the cloud. Notice it is level at 129.09, but 2 stripes in the cloud (Representing 2 weeks.) it levels again while climbing to 131.35. Let's say price remains where it is now. It simply means price is buried an additional 226 pips under the cloud.
3. The cloud is also telling us 131.35 is the highest peak for the correction. Needless to say, the cloud is going to be fresh, and it is the highest peak at the bottom, as it becomes bearish after 131.35. In essence, if it is going to hit that level, it has 15 weeks to do it, or the containment will descend after that. This is one way to use the ichimoku cloud as a time element.
Moving on to the AUD/USD:
I had been saying for 3 months this pair was on its way to .9390, and as of this writing we are just a few pips away, and it appears to have further to go.
The irony of it all it broke one of the cardinal rules. It took out a fresh weekly cloud, and it is approaching the bottom.
Reversal moves?!?! Hang on your seat belt!
Once the ichimoku is learned, then you realize you can't live without it. I let someone come into a trading chat room I had in 2007 to show it off. I thought some of my people would benefit from it, and I'm the one that ate it up.
I opened my first demo account on July 20, 2004. There has been a lot of water under the bridge since then. Ironically, the stochastics is the only indicator I have left from my original methodology.
I'm very convinced that kiwi is not going to have a trend reversal, as the monthly tells the story. Look at your stochastics, and it should show why. It was OB and diverging. It has not moved that much but is opening up. From there tone the microscope down to the weekly, and see the reversal obviations on it, look to the kijun as the maximum point on the correction, and you should have it.
Just like we are waiting in anticipation of a big move at the current point, when price action approaches the weekly kijun, it would be the same thing.
I opened my first demo account on July 20, 2004. There has been a lot of water under the bridge since then. Ironically, the stochastics is the only indicator I have left from my original methodology.
I'm very convinced that kiwi is not going to have a trend reversal, as the monthly tells the story. Look at your stochastics, and it should show why. It was OB and diverging. It has not moved that much but is opening up. From there tone the microscope down to the weekly, and see the reversal obviations on it, look to the kijun as the maximum point on the correction, and you should have it.
Just like we are waiting in anticipation of a big move at the current point, when price action approaches the weekly kijun, it would be the same thing.
Sensex monthlies--1011
R3 17883.37
R2 17217.84
R1 16816.92
S1 16028.53
S2 15641.05,
S3 -14948.63
I'm quite sure I nailed it on the monthlies for this market. If your 4-hour chart does give a rhyme and reason for the levels then we should be okay. I can't give an analysis on it as I am limited to just what I can do with a spreadsheet.
R3 17883.37
R2 17217.84
R1 16816.92
S1 16028.53
S2 15641.05,
S3 -14948.63
I'm quite sure I nailed it on the monthlies for this market. If your 4-hour chart does give a rhyme and reason for the levels then we should be okay. I can't give an analysis on it as I am limited to just what I can do with a spreadsheet.
Mr, paul I am glad you agree that kiwi is bullish on the big picture ! but there were some confusions ! As on the weekly the pair is sitting on the top of the cloud and we are looking for the reversal to the upside! the kinjun is at 0.8168 , you said that "look to the kijun as the maximum point on the correction, and you should have it" I was confused by this did you mean that it could go all the way back down after hitting the weekly kinjun at 0.8168?
- Status
| Thread starter | Similar threads | Forum | Replies | Date |
|---|---|---|---|---|
| J | Global Market Astro's innovative and accurate forecasts | Introductions | 2 | |
| U | Daily Forex Forecasts (D'Ani Foresight) | Forex | 2 |
Similar threads
-
Global Market Astro's innovative and accurate forecasts
- Started by johnrolan19
- Replies: 2
-