Some of my forecasts
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Re: S&R's II
That HUGE reversal for Swissy is around the corner. Its update is coming in my Weekly Forecast.
Gold, silver, and the DAX levels will also be coming.
That HUGE reversal for Swissy is around the corner. Its update is coming in my Weekly Forecast.
Gold, silver, and the DAX levels will also be coming.
85% winning trades every month smells good -lol ! btw I am going to keep an eye on the 3 ! I am going to put this up every week on 5 forex pairs from the WF,I am not going to trade any chf pairs, they give me chills!talking about chf usd/chf we were talking about a huge reversal! do you expect to see that this week? also I am going to put this on commodities gold and silver and if you could give me for DAX !
Nanda you are very welcome. I guess the strong move north kind of put a scare in you. I'll add the crude weeklies to my list.
Without even knowing what the levels are this week, crude will hit at least the WS1 this week, and should go lower. A cursory glance at price action tells me that.
Without even knowing what the levels are this week, crude will hit at least the WS1 this week, and should go lower. A cursory glance at price action tells me that.
Thank you Paul sir for crude chart and guidance.
regards
regards
Re: EUR/USD and the NFP
Hi Mr pips , How was the party ? that is real good if you don't touch alcohol, I don't touch it to! but I though that drinking alcohol in USA is like drinking soft drinks in India -LOL
Btw I told you a day ago that I would be using 0.5 micro for each trades that would give 50 cents on every pip and the stop loss 40% from the reff point! With positive trades each week it could give around 10% RIO weekly, It does sound satisfying ! your The man -LOL
My point was anything could happen. I will always give the levels. I plan on trading just for the love it.
As far as drinking and driving goes, there is no rule against drinking water or coffee while driving. I don't touch alcohol. Life is too short to be dabbling in that.
After having said that, I do think you will enjoy them once you get used to them. I got a friend that I have discouraged from just copying my methodology but has used my levels for 3 years, along with his own implementations, and he is doing real well.
As far as drinking and driving goes, there is no rule against drinking water or coffee while driving. I don't touch alcohol. Life is too short to be dabbling in that.
After having said that, I do think you will enjoy them once you get used to them. I got a friend that I have discouraged from just copying my methodology but has used my levels for 3 years, along with his own implementations, and he is doing real well.
Btw I told you a day ago that I would be using 0.5 micro for each trades that would give 50 cents on every pip and the stop loss 40% from the reff point! With positive trades each week it could give around 10% RIO weekly, It does sound satisfying ! your The man -LOL
Weekly Review--100211
EUR/USD: This pair could continue south this week to the WS1 at 1.3295. That should be it to the south for the week, and maybe for the month. The month and the week ended on top of the monthly TL, as well as on top of the bottom of the weekly cloud and the extreme lower level of the weekly SD channel.
This pair kept dropping even after it hit the WS1 and beyond the WS2 at 1.3205 to the dip at 1.3144. Eventually, the reversal did take place as the pair took its flight to the WR1 (1.3479) as the peak was 1.3523.
USD/JPY: This pair could be ready for a sharp return to the DOWN at 77.58, the WR2. That point also matches up nicely with the bottom of the daily cloud. The pair just found its way out of the 4-hour cloud with some nice momentum. The daily cloud is fresh, so it all indicates one of 2 things: 1. 77.58 contains, and the movement out of the 4-hour cloud is short-lived; 2. We have a very sharp move on the other side of the cloud.
Having said that, we could see this pair hit that mark then travel east for awhile then take out the bottom of the cloud. That could be the most likely scenario.
It was another tight squeeze for this pair as it peaked at the beginning of Tokyo on Monday at 77.25, then the dip was stopped at the WS1 at 76.50.
GBP/USD: The bottom of the weekly cloud, currently at 1.5325 still has not been hit. It still needs to be visited, but it also has the means for a bounce that will contain a very strong reversal. For now and with the strong reversal implications, that seems like such a long way. Regardless seeing that level hit is the most favorable scenario, and if it is hit, then a very strong return to the UP has begun.
The bottom got hit this week as the dip was 1.5269. A look at the 4-hout chart at the end of the week shows the strong bounce, but that is still not convincing enough coming off the weekly cloud.
USD/CHF: This pair is also getting ready for a very powerful reversal. The bottom of the weekly cloud at .9407 will contain. Also, look for a strong reaction at the WR2 at .9200.
After the WR2 was hit, a look at the 4-hour shows an eastward motion after the uptrend. It was combined with a volatile mix that took the pair to the peak at .9313.
EUR/CHF: There will probably not be much of a down move to start the week, and this pair could very well hit the WR3 at 1.2277 before the week is out.
MT, the bottom of the weekly cloud is 1.2946, and additional R will be 1.2740. Either one of those marks could be means for containment that will herald a more meaningful correction.
Things happened as planned as the WS1 was not even hit. It not only hit the WR3, but slaughtered it, as the peak was 1.2423.
AUD/USD: This pair is still ticketed for .9390 and even .9324. The latter will provide the means for an explosive reversal. The trip south should continue this week to the WS1 at .9560. It could make a sprint to the WS2 at .9460. A move back to the level kijun on the 4-hour at .9802 should be forthcoming.
The .9390 level was finally hit as the dip was .9384, then the reversal was violent, as the peak was violent as the peak was .9877.
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.
The WR1 did its job, as only a sharp spike took the pair to the peak at 1.0656, and the reversal was highly explosive, as we went to the dip at 1.0233.
NZD/USD: Im looking for the top of the weekly cloud at .7502 to contain the MT before we get a very strong reversal.
A wick spike took this pair to the dip at .7465, and then the strong reversal took it to the peak at .7794.
EUR/GBP: The bottom of the weekly cloud is .8504, which matches nicely with the WS2 at .8496. That area will provide a springboard for a strong reversal. It will take a strong move to get there if it starts the week heading in that direction. It could take on an awkward zig zag pattern to get if it doesnt.
We never quite made it to the weekly cloud as the dip was .8528. The week ended with a strong reversal from the peak at .8725.
EUR/JPY: This pair is getting ready for a very strong MT reversal as it is facing extreme levels on the weekly. A move south to begin the week should be forthcoming. Watch for reaction at 102.27. Once the MT correction begins R to be at the weekly tenken at 108.03, then the TL at 111.32. The bottom of the cloud at 114.40 contains.
The 102.27 reaction level was ripped out on Monday, as the pair plunged to a new all-time low at 100.73. The wait is still on for the MT strong reversal. The peak was 103.85.
GBP/JPY: It appears the correction has already begun for this pair. 119.49 is cluster S on the 4-hour. The daily tenken at 118.80 needs to contain to be convinced the correction has begun. On the way north, look for the weekly tenken at 123.79 to be strong R, the kijun at 128.39 to be possible containment and strong R, the bottom of the cloud at 131.35 to be absolute containment.
The pair is still have trouble getting its footing for the reversal. The daily tenken could not hold as the pair plunged to a new all-time low at 116.93.
EUR/USD: This pair could continue south this week to the WS1 at 1.3295. That should be it to the south for the week, and maybe for the month. The month and the week ended on top of the monthly TL, as well as on top of the bottom of the weekly cloud and the extreme lower level of the weekly SD channel.
This pair kept dropping even after it hit the WS1 and beyond the WS2 at 1.3205 to the dip at 1.3144. Eventually, the reversal did take place as the pair took its flight to the WR1 (1.3479) as the peak was 1.3523.
USD/JPY: This pair could be ready for a sharp return to the DOWN at 77.58, the WR2. That point also matches up nicely with the bottom of the daily cloud. The pair just found its way out of the 4-hour cloud with some nice momentum. The daily cloud is fresh, so it all indicates one of 2 things: 1. 77.58 contains, and the movement out of the 4-hour cloud is short-lived; 2. We have a very sharp move on the other side of the cloud.
Having said that, we could see this pair hit that mark then travel east for awhile then take out the bottom of the cloud. That could be the most likely scenario.
It was another tight squeeze for this pair as it peaked at the beginning of Tokyo on Monday at 77.25, then the dip was stopped at the WS1 at 76.50.
GBP/USD: The bottom of the weekly cloud, currently at 1.5325 still has not been hit. It still needs to be visited, but it also has the means for a bounce that will contain a very strong reversal. For now and with the strong reversal implications, that seems like such a long way. Regardless seeing that level hit is the most favorable scenario, and if it is hit, then a very strong return to the UP has begun.
The bottom got hit this week as the dip was 1.5269. A look at the 4-hout chart at the end of the week shows the strong bounce, but that is still not convincing enough coming off the weekly cloud.
USD/CHF: This pair is also getting ready for a very powerful reversal. The bottom of the weekly cloud at .9407 will contain. Also, look for a strong reaction at the WR2 at .9200.
After the WR2 was hit, a look at the 4-hour shows an eastward motion after the uptrend. It was combined with a volatile mix that took the pair to the peak at .9313.
EUR/CHF: There will probably not be much of a down move to start the week, and this pair could very well hit the WR3 at 1.2277 before the week is out.
MT, the bottom of the weekly cloud is 1.2946, and additional R will be 1.2740. Either one of those marks could be means for containment that will herald a more meaningful correction.
Things happened as planned as the WS1 was not even hit. It not only hit the WR3, but slaughtered it, as the peak was 1.2423.
AUD/USD: This pair is still ticketed for .9390 and even .9324. The latter will provide the means for an explosive reversal. The trip south should continue this week to the WS1 at .9560. It could make a sprint to the WS2 at .9460. A move back to the level kijun on the 4-hour at .9802 should be forthcoming.
The .9390 level was finally hit as the dip was .9384, then the reversal was violent, as the peak was violent as the peak was .9877.
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.
The WR1 did its job, as only a sharp spike took the pair to the peak at 1.0656, and the reversal was highly explosive, as we went to the dip at 1.0233.
NZD/USD: Im looking for the top of the weekly cloud at .7502 to contain the MT before we get a very strong reversal.
A wick spike took this pair to the dip at .7465, and then the strong reversal took it to the peak at .7794.
EUR/GBP: The bottom of the weekly cloud is .8504, which matches nicely with the WS2 at .8496. That area will provide a springboard for a strong reversal. It will take a strong move to get there if it starts the week heading in that direction. It could take on an awkward zig zag pattern to get if it doesnt.
We never quite made it to the weekly cloud as the dip was .8528. The week ended with a strong reversal from the peak at .8725.
EUR/JPY: This pair is getting ready for a very strong MT reversal as it is facing extreme levels on the weekly. A move south to begin the week should be forthcoming. Watch for reaction at 102.27. Once the MT correction begins R to be at the weekly tenken at 108.03, then the TL at 111.32. The bottom of the cloud at 114.40 contains.
The 102.27 reaction level was ripped out on Monday, as the pair plunged to a new all-time low at 100.73. The wait is still on for the MT strong reversal. The peak was 103.85.
GBP/JPY: It appears the correction has already begun for this pair. 119.49 is cluster S on the 4-hour. The daily tenken at 118.80 needs to contain to be convinced the correction has begun. On the way north, look for the weekly tenken at 123.79 to be strong R, the kijun at 128.39 to be possible containment and strong R, the bottom of the cloud at 131.35 to be absolute containment.
The pair is still have trouble getting its footing for the reversal. The daily tenken could not hold as the pair plunged to a new all-time low at 116.93.
paul,
please add gold and silver also to your weeklies alongwith crude.
thanks a lot.
please add gold and silver also to your weeklies alongwith crude.
thanks a lot.
Nanda you are very welcome. I guess the strong move north kind of put a scare in you. I'll add the crude weeklies to my list.
Without even knowing what the levels are this week, crude will hit at least the WS1 this week, and should go lower. A cursory glance at price action tells me that.
Without even knowing what the levels are this week, crude will hit at least the WS1 this week, and should go lower. A cursory glance at price action tells me that.
Re: EUR/USD and the NFP
It was a wonderful time. We had plenty of really good food, then we sat around the campfire and roasted marshmallows and wienies.
My friend as a huge pond and woods where he also parks his plane on the landing strip. It might give you an idea how big his place is. We always have our fall picnic on his property, along with our campout in July.
Just about everyone in the USA, as I guess most places, drinks alcohol. I don't see any sense in putting anything in me that inebriates me. makes me smell like a sewer, and makes me wake up with a hangover the next day.
It was a wonderful time. We had plenty of really good food, then we sat around the campfire and roasted marshmallows and wienies.
My friend as a huge pond and woods where he also parks his plane on the landing strip. It might give you an idea how big his place is. We always have our fall picnic on his property, along with our campout in July.
Just about everyone in the USA, as I guess most places, drinks alcohol. I don't see any sense in putting anything in me that inebriates me. makes me smell like a sewer, and makes me wake up with a hangover the next day.
Hi Mr pips , How was the party ? that is real good if you don't touch alcohol, I don't touch it to! but I though that drinking alcohol in USA is like drinking soft drinks in India -LOL
Btw I told you a day ago that I would be using 0.5 micro for each trades that would give 50 cents on every pip and the stop loss 40% from the reff point! With positive trades each week it could give around 10% RIO weekly, It does sound satisfying ! your The man -LOL
Btw I told you a day ago that I would be using 0.5 micro for each trades that would give 50 cents on every pip and the stop loss 40% from the reff point! With positive trades each week it could give around 10% RIO weekly, It does sound satisfying ! your The man -LOL
Re: EUR/USD and the NFP
roasted marshmallows ? Now M feeling hungry! your friend owns a plane? a plane like the real one? booom that is amazing !
It was a wonderful time. We had plenty of really good food, then we sat around the campfire and roasted marshmallows and wienies.
My friend as a huge pond and woods where he also parks his plane on the landing strip. It might give you an idea how big his place is. We always have our fall picnic on his property, along with our campout in July.
Just about everyone in the USA, as I guess most places, drinks alcohol. I don't see any sense in putting anything in me that inebriates me. makes me smell like a sewer, and makes me wake up with a hangover the next day.
My friend as a huge pond and woods where he also parks his plane on the landing strip. It might give you an idea how big his place is. We always have our fall picnic on his property, along with our campout in July.
Just about everyone in the USA, as I guess most places, drinks alcohol. I don't see any sense in putting anything in me that inebriates me. makes me smell like a sewer, and makes me wake up with a hangover the next day.
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