Some of my forecasts
- Thread starter 4xpipcounter
- Start date
- Status
Re: Weekly Forecast--021212
I took a short on the EUR/JPY, and it was my ugliest trade in at least 2 weeks. I was looking to and hoping the upper channel would not be broken. It wasn't, so it would be on its way to 101.48.
The EUR/USD is also on its way, even though some of the lower parameters have changed. Its eye is on 1.3115, and the 1.3048 should still be hit before the week is out.
I took a short on the EUR/JPY, and it was my ugliest trade in at least 2 weeks. I was looking to and hoping the upper channel would not be broken. It wasn't, so it would be on its way to 101.48.
The EUR/USD is also on its way, even though some of the lower parameters have changed. Its eye is on 1.3115, and the 1.3048 should still be hit before the week is out.
I didn't find any trades today on eur/usd and eur/jpy both were consolidated but eur/usd is putting spikes below the h4 cloud as the cloud holds a very poor state of support but the swing low on 1.3127 hasn't been broken yet bearish divergence could be seen on the daily . the eur was showing positive strength with the yen and negative with the USD consequences could be seen on usd/jpy
The upper channel still could not be broken for the EUR/JPY, and so it is in the middle of another retreat. I just got a favorable break on the downside for the EUR/USD. The EUR/JPY is still not looking pretty but the EUR/USD has balanced it out.
As per my Weekly Forecast, I'm still expecting the EUR/USD to hit 1.3033 before signs of a retreat back to the UP. The downside did not appear to be complete for the EUR/JPY, and still expecting a move lower, even though now hopes are dimming more as far as the move farther south.
As per my Weekly Forecast, I'm still expecting the EUR/USD to hit 1.3033 before signs of a retreat back to the UP. The downside did not appear to be complete for the EUR/JPY, and still expecting a move lower, even though now hopes are dimming more as far as the move farther south.
Sir where did you enter the short on eur/usd ? I was planning to hit the sell button on the break of the h4 poor support cloud but as the t/k were still above the cloud (they still are) I didn't go for it ! that was a weak crossover but it worked out well! sir do you usually wait for a crossover to happen or you enter on the break of the kinjun or cloud ? I am having a feeling about pair hitting 1.2972 ..Sir what do you mean by the term "upper channel"
Re: TVSMotors
T4J, that looks precarious, to say the least. I favor the move higher, but not with a high degree of certainty. The cloud, on the weekly, is wore out, but the tenken is bearing down heavy on it, as it is still outside the cloud.
The daily barely got its head in the cloud, but who's to say it was not a head fake? I still favor a move higher, but I'm not sure I'd want to put my money on it.
Notice the recent peak on the daily and weekly. They both match. When that level is broken, then price action will be out of the congested area, and then free to sprout wings.
T4J, that looks precarious, to say the least. I favor the move higher, but not with a high degree of certainty. The cloud, on the weekly, is wore out, but the tenken is bearing down heavy on it, as it is still outside the cloud.
The daily barely got its head in the cloud, but who's to say it was not a head fake? I still favor a move higher, but I'm not sure I'd want to put my money on it.
Notice the recent peak on the daily and weekly. They both match. When that level is broken, then price action will be out of the congested area, and then free to sprout wings.
I am long in this from today.
Daily suggests to go long (Chikou above candles), And i think it should break top of cloud.
Not sure about weekly.
Your comments
Daily Chart
Weekly chart
Daily suggests to go long (Chikou above candles), And i think it should break top of cloud.
Not sure about weekly.
Your comments
Daily Chart
Weekly chart
- 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
-