Some of my forecasts

[4xpipcounter]

Static S&R's III--Nifty

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Here it is! The chihuahua of the markets of this forum (Sorry, little pun intended.). The oval shows the initial hit on the WR1 at 4925, and then the correction that took the pair below the 38.2% level. As you see, it dropped much lower, which is why I consider the 38.2 to be a conservative and quick target.
It did not signal a trade when the price returned to that point. We just want to take trades on the fresh hits of the level, so the next trade would be at the WR2 or the WS1.

 

[4xpipcounter]

Static S&R's IV--Tata Steel

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This is a picture of the past and what will happen in the future. This market ended Wednesday at the WS1. The arrow is pointing to the 38.2 Fibo line to show the minimum level price action is headed to to start Thursday.
The ovals show already what happened this week at the WR1 and WR2.

 

[4xpipcounter]

Static S&R's V--GBP/AUD

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This is a live trade I have up. The entry was made without regard to the current discussion. The TP is a little over the WS2 because of the spread that has to be paid. That is also my entry to go long once it is hit.

The WS1 was hit and bounced. I forgot to draw the Fibo, but I am sure at a cursory glance it can be seen at least 38.2% was hit.

Once I take profit on this trade, the arrow shows where we are headed next which is 38.2% of the WS2>WS1.

 

[sanjosedesi]

Re: Static S&R's IV--Tata Motors

This is a picture of the past and what will happen in the future. This market ended Wednesday at the WS1. The arrow is pointing to the 38.2 Fibo line to show the minimum level price action is headed to to start Thursday.
The ovals show already what happened this week at the WR1 and WR2.

Hi Paul, this is Tata Steel not Motors. We need to confuse you more by asking for Tata Coffee, Tata Consulting and many many more Tatas. There are only 114 companies in the group, and only half of them carry the name Tata.

 

[4xpipcounter]

Static S&R's VI--GBP/USD

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This stuff comes in so fast you can't even keep up. I got an entry to go long at the WS1 and a TP at the arrow. Oval on top shows the perfect bounce off the WR1.

 

[tradetogain]

hi paul,
i read your view on gold about the coming hard fall.hats off.your ability to see the levels and the oncoming action is really GOLDEN. .the fall was really hard today.
disclaimer: i could only burn a small hole in my pocket.i bought during the fall at the first level itself around 1811 and it burst down.i quit considering the fact such a big fall is not seen in gold since many months.let the train stop.
thanks for your such great views and keep them coming.

 

[4xpipcounter]

TTG, foremostly, I'm glad you are enjoying it, and you are welcome. I do admit, there is that part way down inside of me that loves doing that.
Speaking of the train, you will see in the next post what it does to my S&R's.

hi paul,
i read your view on gold about the coming hard fall.hats off.your ability to see the levels and the oncoming action is really GOLDEN. .the fall was really hard today.
disclaimer: i could only burn a small hole in my pocket.i bought during the fall at the first level itself around 1811 and it burst down.i quit considering the fact such a big fall is not seen in gold since many months.let the train stop.
thanks for your such great views and keep them coming.

 

[4xpipcounter]

Static S&R's VII--Gold

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What was the previous warning!? Do not get in the way of freight trains! This is what happens when you do. I have finally found the first exception to the rule.
BTW, I only trade forex, but if I was trading this market, I would not have come close to it at the WS1. This is because when the upper TF's says the horns are blowing and the lights are on, then take heed!!!

Let's go to plan B, and I'll explain why there might be an exception to that rule.
The WS1 got taken out like it does not exist (I feel offended. These are my S&R's--lol.), and then it bounced off the WS2. This is what I call a continuation. On a continuation, price bounces off the WS2 and retraces to the WS1. That's the rule! It may not happen, because the bears are mad.

A forecaster's point of view:
Look for the WR1 to contain. The daily kijun at 1746 still has not been hit, and it is well within view.

 

[4xpipcounter]

Aud/usd

Watch for 1.0449 to get taken out. Once that happens, buy your ticket, this market will be heading south quickly. As per my Weekly Forecast, 1.0263 is still within reason.

 

[Piratetrader]

Re: Static S&R's II--GBP/USD

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I said I would post lots of past performances, but I'm starting with something live.

First, the rules are simple. (Trading is not easy, but the rules you use to trade with should be simple.) When an S or R has been hit enter at that point going the opposite direction. The TP for my demonstrations will always be the most conservative at 38.2% of the mark between reference points. In this example, the next trade for the GBP/USD will be at the WS1 at 1.6364, and 38.2% of the level between the WS1 and the WP at 1.6464 is 1.6402. For the benefit of simplicity the 38.2% level only will be plotted on my charts.
It should also be noted that higher levels could be set for the TP, such as the 50% and the 61.8%. The odds are those levels will be hit, but the 38.2% is a quick level with no suspense.
There are some other basic rules that will be pointed out along the way, such as staying out of the way of freight trains

This chart shows the past performance after the WR1 was hit. That actually changed the direction of the trend on this TF.

LOL SIR IT HIT YOUR WS1 at 1.6364 and went up ! I don't know how do you know that it is gonna hit there I wish i could do that and sir looks like i bought at the right time and Sir the above chart is head and shoulders pattern ! selling at the neck line could also have been good! but i didn't notice