Some of my forecasts

[4xpipcounter]

Without a doubt. I believe the top of the cloud eventually gets taken out and we head much lower. Again, this is because of what is seen on the monthly chart.

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?

 

[forexworld]

Without a doubt. I believe the top of the cloud eventually gets taken out and we head much lower. Again, this is because of what is seen on the monthly chart.

Yes so the next target is to be on the upside weekly kinjun , this could be the max correction and then we could go all the way down on the top of the monthly cloud!

 

[4xpipcounter]

I would not look at it as a target, but as containment. It may not make it all the way back to that point. We do know a few things:
1. That is the potential of the correction of the longer term DOWN.
2. It is going to be strong based on what we see on the weekly.
3. It is only a correction based on what we see on the monthly.
4. As the correction unfolds, we will have a better idea of the reversal point back to the trip south.
5. The stochs did not cross, and it is bouncing off a bullish fresh weekly cloud so after a strong move it could get consolidative. Price action will also tell us the story on that.
6. A conservative "target" is .7821, as that is the 1st leveling of the cloud in the future. It will go higher than that. Nevertheless, how many people do you know gets 300 pips on a routine basis?

Yes so the next target is to be on the upside weekly kinjun , this could be the max correction and then we could go all the way down on the top of the monthly cloud!

 

[forexworld]

Mr paul , I thank you for clearing things up !!The target 0.7821 is 1st leveling of the cloud in the future as well as I observed that iy is very strong resistance and support area, I can see the weekly price action on the beggining of the year Consecutively hitting there and pulling back from this level and yes I also observed the stoch has not crossed the 20 yet!it could start a consolidative pattern I would have to keep these things in mind!!!!! I do not know anyone getting 300 pips on daily routine! most of whom I know has blown their account ! btw mr paul, Eurusd has bounced from the bottom of the weekly cloud by 170 pips,

 

[4xpipcounter]

Eur/usd

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There is not much more we need to know than a glance at the 4-hour chart than to know we are at the beginning stages of the move north we have been talking about so much. The initial TL has been broken with a candle that typifies any TL break. It is now safe to say that containment to the downside will be 1.3242.
The next major ST obstacle will be 1.3385. Once this pair is through negotiating at that point, then it will be on to 1.3545 with relative ease.

 

[4xpipcounter]

Forexworld, I've been enjoying the ongoing chat. I can talk on and on about whatever interests me, but I always prefer someone else's input, as it is all relative to chart analysis, and so for me, it is stimulating.

BTW, the routine pips on kiwi I was talking about was not meant it would be in one day. It's just the .7821 target is so clear, it is just begging to be hit.

The choppiness could ensue after the thrust.

Mr paul , I thank you for clearing things up !!The target 0.7821 is 1st leveling of the cloud in the future as well as I observed that iy is very strong resistance and support area, I can see the weekly price action on the beggining of the year Consecutively hitting there and pulling back from this level and yes I also observed the stoch has not crossed the 20 yet!it could start a consolidative pattern I would have to keep these things in mind!!!!! I do not know anyone getting 300 pips on daily routine! most of whom I know has blown their account ! btw mr paul, Eurusd has bounced from the bottom of the weekly cloud by 170 pips,

 

[4xpipcounter]

Gbp/usd

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A strong bullish engulfing candle si indicating cable is prepping up, but with it still under the TL, it is saying it still might be a precarious moment. It may need to head back to at least 1.5379 in order to get a running head start to take the level out. A huge shorter term obstacle is going to be 1.5528. After that it could be a free ride to at least my MR1 at 1.5835. That is the minimum upside objective before the month is out.

Yep, there is about 450 pips for the taking. I feel like a kid in the candy store with everything moving at one time.

 

[forexworld]

Mr paul I am going to reply to all the charts posted above in 2 min now! but I just had to say this first all the lines on your chart excites me with goosebumps ! You also trade the 1 hour chart with confluence of higher time frames ! you feel like a kid at the candy store - LOL it must me a great feeling !

 

[forexworld]

Re: Gbp/usd

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A strong bullish engulfing candle si indicating cable is prepping up, but with it still under the TL, it is saying it still might be a precarious moment. It may need to head back to at least 1.5379 in order to get a running head start to take the level out. A huge shorter term obstacle is going to be 1.5528. After that it could be a free ride to at least my MR1 at 1.5835. That is the minimum upside objective before the month is out.

Yep, there is about 450 pips for the taking. I feel like a kid in the candy store with everything moving at one time.

Lol the beauty of the trend lines ! I didn't focus on this pair I assume gbp/usd weekly bottom cloud has been hit! so our focus goes on the upside now

 

[forexworld]

Re: Eur/usd

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There is not much more we need to know than a glance at the 4-hour chart than to know we are at the beginning stages of the move north we have been talking about so much. The initial TL has been broken with a candle that typifies any TL break. It is now safe to say that containment to the downside will be 1.3242.
The next major ST obstacle will be 1.3385. Once this pair is through negotiating at that point, then it will be on to 1.3545 with relative ease.

Mr paul, this is a really great analysis, All those MR/MS and WR/WS amazed me ! according to me I did open a buy at the bottom of the weekly cloud I was targeting for minimum 1.3512 to hit according to weekly chart as this level it is a great resistance on the previous cloud ! this was just simply looking at the weekly chart! this level is also the monthly kinjun!