Some of my forecasts

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Columbus, try going to http://grooveshark.com/. They have your reggae and a lot more. It's actually quite an amazing site when you consider how much music they offer.

http://pandora.com/ is an excellent site for setting up a radio listening environment. You type in your artist, and it will play constantly music related to the artist you typed in.
Sir pandora can't be accessed by people outside the U.S.A ( Sir I didin't get a reply on my P.M. lol that ok . As you have given the update on djia I lso request you for an update o crude for this week thank you :)
 

del_66

Well-Known Member
Columbus, try going to http://grooveshark.com/. They have your reggae and a lot more. It's actually quite an amazing site when you consider how much music they offer.

http://pandora.com/ is an excellent site for setting up a radio listening environment. You type in your artist, and it will play constantly music related to the artist you typed in.
Sir pandora can't be accessed by people outside the U.S.A ( Sir I didin't get a reply on my P.M. lol that ok . As you have given the update on djia I lso request you for an update o crude for this week thank you :)

Hi wanna listen to reggae music then try sky.fm... it is also a good site with variety of music :)
 
Weekly Forecasts--012212

EUR/USD: The top of the cloud on the 4-hour should contain this week, and we should see the pair continue its move north to the WR2 at 1.3135. The correction should be exhausted by the time the pair gets to the bottom of the daily cloud at 1.3248.

GBP/USD: This pair will start the week with a ST correction of the correction it is already in, and there is potential for it to go deeper than its cousin, the EUR/USD. The 4-hour cloud top is 1.5428. If it does not contain, then additional support will be seen at the WS2 at 1.5378. The daily bottom of the cloud at 1.5669 should contain the upside this week. Its favorable to see an eventual break into the cloud and for the top to contain at 1.5786. The 1.5669 level fits in nicely with the WR1 at 1.5656.

USD/CHF: The market dipped to a very key level last week at .9305. That was a key decision point. As far Im concerned, that decision has been made. After the correction to the WR1 .9415 has been completed, then the MT correction will continue south. The next leg south should be much stronger than the 1st, as we see the drop continue to the radar at the WS2 at .9193, and a strong likelihood of the WS3 at .9071

AUD/USD: A correction will start the week. The MR2 is 1.0493, so it would be nice if it could get hit before the correction begins. Nevertheless, it should be limited to the top of the 4-hour cloud at 1.0369, and then give vent to another rise that could top off at only 1.0555, which is the WR1. If the WR1 does not contain, then the rise could be furious.

USD/CAD: There is no doubt the WR2 at 1.0223 contains all action heading north. Its more likely to see the WS2 at 1.0025 hit.
 

rkgoyal_98

Well-Known Member
EUR/USD

Sir
I know you are very busy on the weekend but i could not resist few questions coming to my mind after reading your review
You can answer this whenever you have spare time

Top of the 4H cloud is about 1.2850 at present and 1.278X after 3-4 candles
if we are going to be supported by that it will meant we have to cross the cloud on Hourly timeframe. Th cloud is thick also so should not we first think that small correction on the dowside on the basis of hourly chart can be played atleast for small swing
and bottom of the cloud on daily chart by next weekend shoud be arround 1.316X Will that not be entered isf we hot that and reach 1.32xx
Are u using different timeframe for ichimoku settings, if so kindly guide me regarding the settings. Moreover i want to learn about entry and exit signals too ( like should we not take trade on the basis of hourly chart entry in the cloud) when 4hours also support correction till the upper edge of the cloud while daily and weekly timeframes are having not problems in such short term trade. How to calculate risk reward in suc a trade
I hope i am not asking too much in single query
Regards
 
Re: Weekly S&R's--012212

My edit button is missing on the post I made of my S&R's. Please note the correction on the NZD/USD:
NZD/USD 0.8233 0.8155 0.8107 0.8013 0.7965 0.7887



R3 r2 r1 s1 s2 s3
eur/usd 1.3302 1.3135 1.3034 1.2832 1.2731 1.2564
gbp/usd 1.5879 1.5740 1.5656 1.5488 1.5404 1.5265
usd/chf 0.9611 0.9489 0.9415 0.9267 0.9193 0.9071
aud/usd 1.0745 1.0626 1.0555 1.0411 1.0340 1.0221
USD/CAD 1.0306 1.0223 1.0174 1.0074 1.0025 0.9942
nzd/usd 0.8426 0.8369 0.8335 0.8267 0.8233 0.8176
eur/gbp 0.8426 0.8369 0.8335 0.8267 0.8233 0.8176
eur/jpy 103.00 101.46 100.53 98.67 97.74 96.20
gbp/jpy 122.62 121.40 120.67 119.21 118.48 117.26
eur/aud 1.2571 1.2463 1.2398 1.2268 1.2203 1.2095
 
Re: Weekly Forecasts--012212

The edit button is not working, so here is the complete Weekly Forecast:

EUR/USD: The top of the cloud on the 4-hour should contain this week, and we should see the pair continue its move north to the WR2 at 1.3135. The correction should be exhausted by the time the pair gets to the bottom of the daily cloud at 1.3248.

GBP/USD: This pair will start the week with a ST correction of the correction it is already in, and there is potential for it to go deeper than its cousin, the EUR/USD. The 4-hour cloud top is 1.5428. If it does not contain, then additional support will be seen at the WS2 at 1.5378. The daily bottom of the cloud at 1.5669 should contain the upside this week. Its favorable to see an eventual break into the cloud and for the top to contain at 1.5786. The 1.5669 level fits in nicely with the WR1 at 1.5656.

USD/CHF: The market dipped to a very key level last week at .9305. That was a key decision point. As far Im concerned, that decision has been made. After the correction to the WR1 .9415 has been completed, then the MT correction will continue south. The next leg south should be much stronger than the 1st, as we see the drop continue to the radar at the WS2 at .9193, and a strong likelihood of the WS3 at .9071

AUD/USD: A correction will start the week. The MR2 is 1.0493, so it would be nice if it could get hit before the correction begins. Nevertheless, it should be limited to the top of the 4-hour cloud at 1.0369, and then give vent to another rise that could top off at only 1.0555, which is the WR1. If the WR1 does not contain, then the rise could be furious.

USD/CAD: There is no doubt the WR2 at 1.0223 contains all action heading north. Its more likely to see the WS2 at 1.0025 hit.

NZD/USD: The MT .8106 level has almost been hit, and it will be hit this week, as the WR1 is .8105. On the downside, any convincing break of .7986 will mark the beginning of the downtrend. The WS2 is .7965, so the reversal could happen this week.

EUR/GBP: If the price gets comfortable around the WS1 at .8267, we would get a correction from that point. After that it could be full speed to the .8167 MT target. The WS3 is .8176, so if the market starts south this week and heads to the WS1, the MT target could be hit this week.

EUR/JPY: The drop that ended last week should be continuing into this week. The WS1 at 98.67 needs to contain if the MT correction is going to continue. If that is the case, then the move north should continue to the WR2 at 101.46.

GBP/JPY: The strong upmove that ended last week should continue this week. Containment this week to the south should be seen at the top of the hourly cloud WS1--combo at 119.21. The move north should continue to the WR2 at 121.40. If it makes it to the WR3 at 122.62, that will mark strong containment.

EUR/AUD: The current price needs to contain. If this pair drops much lower, then it is going to be on to new all-time lows. If the pair falls through the current area, then is on to the WS2at 1.2203, and eventually to 1.2095. If it holds up, then the WR2 at 1.2463 will be hit.



EUR/USD: The top of the cloud on the 4-hour should contain this week, and we should see the pair continue its move north to the WR2 at 1.3135. The correction should be exhausted by the time the pair gets to the bottom of the daily cloud at 1.3248.

GBP/USD: This pair will start the week with a ST correction of the correction it is already in, and there is potential for it to go deeper than its cousin, the EUR/USD. The 4-hour cloud top is 1.5428. If it does not contain, then additional support will be seen at the WS2 at 1.5378. The daily bottom of the cloud at 1.5669 should contain the upside this week. Its favorable to see an eventual break into the cloud and for the top to contain at 1.5786. The 1.5669 level fits in nicely with the WR1 at 1.5656.

USD/CHF: The market dipped to a very key level last week at .9305. That was a key decision point. As far Im concerned, that decision has been made. After the correction to the WR1 .9415 has been completed, then the MT correction will continue south. The next leg south should be much stronger than the 1st, as we see the drop continue to the radar at the WS2 at .9193, and a strong likelihood of the WS3 at .9071

AUD/USD: A correction will start the week. The MR2 is 1.0493, so it would be nice if it could get hit before the correction begins. Nevertheless, it should be limited to the top of the 4-hour cloud at 1.0369, and then give vent to another rise that could top off at only 1.0555, which is the WR1. If the WR1 does not contain, then the rise could be furious.

USD/CAD: There is no doubt the WR2 at 1.0223 contains all action heading north. Its more likely to see the WS2 at 1.0025 hit.
 
Crude Oil

I did not look up my previous forecast on this market, but I'm sure any interested parties are tracking it, and might update me.
According to what I see here, I was probably talking of a correction that would lead to circa 97.28 as containment. The WS1 is 97.16, and that is the area to look for a reaction. Either it contains and we are back in the UP or it gives out and there will be some more happy campers at the gas pumps.

As long as it contains, the focus remains on 108. If the WS1 is broken, then the focus is shifted to 96.43 and then 94.59.
 

rkgoyal_98

Well-Known Member
Tatamotors

Sir i want to know if Tatamotors ia a short trade, Except for weekly hitting the cloud all other timeframes favur shrot
Price is being resisted by trendline
Hourly Tenken may go below kijun soon

If short trade do exist here then what should be ideal entry level,

1 Hour


4H



Daily




Weekly
 
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