Some of my forecasts

[4xpipcounter]

Re: EUR/USD and the NFP

Here are all the levels for this month:

R3 1.4406
R2 1.3943
R1 1.3664
S1 1.3105
S2 1.2825
S3 -1.2364

Mr paul what is the level for MR1?

 

[4xpipcounter]

Do you think it is dropping 400 pips form current level?

here it goes my 400 pips target at the bottom of the weekly cloud with matches up perfectly with the monthly kinjun was hit !

 

[forexworld]

Re: EUR/USD and the NFP

Here are all the levels for this month:

R3 1.4406
R2 1.3943
R1 1.3664
S1 1.3105
S2 1.2825
S3 -1.2364

Thanks mr paul, I lately have observed That I mess up when trading daily ! It is good to keep long trades like 5-6 good trades every week rather than putting on trades daily! How do I trade these levels in my live account? I know it is a buy on S and sell on R but do you have any targets! I think I can figure it out myself when do I move out !

 

[4xpipcounter]

I posted the following in my Weekly Forecast:
USD/CAD: Containment to the upside this week should be the WR1 at 1.0600. The reversal could be explosive from that point. The top of the weekly cloud at 1.0188 and even lower is not out of the question.

1.0188 still has not been hit yet, so we are headed lower.

The top of the weekly cloud with matches perfectly with my monthly kinjun got hit, Yes Mr paul the correction that low was hard to imagine but it touched at that level and now its reversed again to the up ! daily kinjun, H4 bottom cloud and montlhy kinjun were all pointing very strong support! Now as this level is hit itstime to look for long entries !

 

[forexworld]

Do you think it is dropping 400 pips form current level?

Mr Paul , I entered a sell entry at 1.0655, and we already talked about that I was targeting for the top of the weekly cloud which is also the monthly kinjun at 1.0247! I meant it was a 400 pip movement on my side! No it cannot drop from here It is a move north from here tHe correction is completed to the downside now it should move north ! but I have my fingers crossed !

 

[forexworld]

I posted the following in my Weekly Forecast:
USD/CAD: Containment to the upside this week should be the WR1 at 1.0600. The reversal could be explosive from that point. The top of the weekly cloud at 1.0188 and even lower is not out of the question.

1.0188 still has not been hit yet, so we are headed lower.

It was 50 pips short from 1.0188 , it hit till 1.0234 and went up!

 

[forexworld]

I rarely get a short term trade positive this was one of it !

 

[4xpipcounter]

Re: EUR/USD and the NFP

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These are my weeklies. I have a set of charts specifically with only my weeklies on it because I am working with someone in the usage of static S&R's.

For now I make a long story short. I should have drawn the Fibs on here, but here's the sequence for automated scalping:
1. Draw the Fibs between each reference point (WR2>WR1, WR1> WP, WP>WS1, etc.).
2. The entry for the reversal is the reference point.
3. A conservative TP is the 38% point of the reference points.
4. Once the 3 is hit, either their is a strong reversal, like what you see in the picture. If that does not happen, then its a freight train. Watch for a strong.

For scalping and short term trades, use the S&R's in conjunction with the lower TF's--4-hour on down to the 5m, with the ichimoku.
For others watching my S&R's are doable in conjunction with your indicator of choice.

The only thing that cautions would be a strong trend on the upper TF's. If that is the case, then there are many continuations, such as a move from the WP--WR2 with no pullback.

Also be aware that the levels are effective for the entire time (weekly levels during the week), but they are not as effective once the cycle has been completed after they have been hit. A live example of that is the EUR/USD. After the predicted reversal, it is struggling at the WP--1.3385.

Also the measure between the levels is of the cycle for that TF. The cycle on the EUR/USD has completed from WR1 to WP, and so it is now struggling to keep moving before it heads lower. We may not make it back to the WS1 at 1.3295 is unlikely. New cycle limits are measured for the new week, and thus, they start all over again.

As a general rule the range for any TF is between the 1 and the opposite 2. It's the mark of a very strong trend for that TF or a breakaway if the 3 is hit.

Thanks mr paul, I lately have observed That I mess up when trading daily ! It is good to keep long trades like 5-6 good trades every week rather than putting on trades daily! How do I trade these levels in my live account? I know it is a buy on S and sell on R but do you have any targets! I think I can figure it out myself when do I move out !

 

[4xpipcounter]

S&R's II

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Here's an example of a "strong trend for that TF"

The 4-hour S&R's for the EUR/USD are as follows:

R3 1.3580
R2 1.3535
R1 1.3507
S1 1.3453
S2 1.3425
S3 -1.3380

The dip for the 4-hour candle is 1.3379 (Believe it or not the 1.3380 is rounded off. The actual number is 1.33796.).

The S3 was hit, and the size of the candle shows the strong move.

Also opposite 3's are never hit in one TF.

I could go on and on about my S&R's. This is a total addiction for me. They work on your local weather, regardless where in the world you live. If you have the history of your weather and I can plot it on a chart, I'll prove it.

 

[4xpipcounter]

I thought you were talking about the EUR/USD dropping that low.

Mr Paul , I entered a sell entry at 1.0655, and we already talked about that I was targeting for the top of the weekly cloud which is also the monthly kinjun at 1.0247! I meant it was a 400 pip movement on my side! No it cannot drop from here It is a move north from here tHe correction is completed to the downside now it should move north ! but I have my fingers crossed !