


4xForecaster
PremiumFollowing is a step-by-step demonstration of my own approach to Wolfe Waves detection, analysis and trading application. This does not constitute or represent Mr. Bill Wolfe's lesson on his namesake pattern, the Wolfe Wave (www.WolfeWave.com). $EURGBP - H4 Chart: Instead, it represents my own interpretation based on a preceding interest in occult market...
Friends, Price is likely to encounter a significant support at 1445.00. Breaking of that floor opens price to the following Predictive/Forecasting Model's target: - TG-Lo = 1089.93 - 10 APR 2015 This would only represent a smaller aperture to the prior analysis done over this following chart: Source of predictive analysis and forecasting: This chart...
Friends, The Dollar Index is currently facing a significant, but discreet hurdle at 98.39. A break above 98.66 would indicate further headway towards the bearish entrenchment, defined by 99.49/99.91 range. Predictive Analysis and Forecasting Model offers a limited upside potential given this first hurdle condition met, with a nominal/qualitative target defined...
Friends, This will remain a very short post. If you recall, last year, i released a long-term bearish signal, defining one numerical target and one nominal target (see today's dated technical note on "Predictive/Forecasting Model - Definition" in this thread: for more on the significance of these distinct targets). This DAILY chart shows older targets,...
Looking at following potential interim development: 1 - background geometry to 1-4 Line 2 - Range: 1.89098 to 1.89610 Expecting further decline based on predictive/forecasting model, aiming for following bearish target: - TG-Lo = 1.79707 - 20 MAR 2015 OVERALL: Background geometry is likely to contain price subdued to range defined above....
05 MAR 2015 - Tech-Note: Friends, A quick explanation of what TG-Hi, Lo and TG-Hix and TG-Lox are - Cut/pasted from a private message: WHAT ARE TG-Hi/Lo; HOW DO THEY COMPARE TO TG-Hix/Lox? ---------------------------------- TG-Hi and TG-Lo are are named target, as opposed to numbered target, hence called nominal target. Nominal targets represent a...
PREDICTIVE/FORECASTING SYSTEM: 1 - 575.65 - 27 FEB 2015 and 2 - 405.95 - 27 FEB 2015 SIMPLE MARKET GEOMETRIES: Large simple symmetrical a-b = c-d patterns aim for similar vicinity. 1 - The largest in light blue projects into the Model's range of 575.65 to 405.95 2 - The smallest in light purple projects slight above the Model's first target of...
Bearish bias prevails at this point PREDICTIVE/FORECASTING MODEL: - Numerical Targets: 1 - TG-1 = 1.21656 - 25 FEB 2015 and 2 - TG-2 = 1.17984 - 25 FEB 2015 - Nominal Targets: 1 - TG-Lo = 1.15527 - 25 FEB 2015 and 2 - TG-Lox = 1.13517 - 25 FEB 2015 STRUCTURAL TRADING: - Invalidation > 1.26965 - Strongest bearish resistance @ 1.26234 - See "Market Geo"...
Friends, PREDICTIVE/FORECASTING MODEL: Predictive/forecasting model signals a nominal target attainment at TG-Lo = 0.73344, implying a high-probability reversal at this precise level. This target was defined today - There was no prior target defined at this level, so not a "Target Hit" announcement. MARKET GEOMETRY: The background geometry supporting this...
Friends, GEOPOLITICAL SHIFTS: The relative strength between pricing of oil on an international vs. US domestic bases illustrates quite well the geopolitical changes that have occurred in the oil-producing theaters, not only from disruption of supply in the middle east - likely causing the shift fron under-to-above parity (purple line) around 2009, as well as...
Friends, CAC-40 is nearing a potential resistance at: - TG-1 = 4816 - 18 FEB 2015. This level is likely to play out as a significant level of reversal. Predictive model remains mixed as to its reversibility value, although the target is posted as a numerical value (i.e.: most likely to impose a retracement rather than reversal. EXPECTING A SHALLOW...
Looking at the majors in e-mini Forex, here is a quick synopsis of potential price action - Black levels are model-based R/S level projection; Colors are TG-Hi/Lo in red and TG-Hix/Lox in purple. $EUR vs. $USD: Expected to lose ground against USD. A hard structure stands at 1.1538 to invalidate this bearish outlook. In opposite, a softer ground at 1.1267 would...
Quick note here on the Russell (private request I decided to share) Market closed right at 121.53 in the context of the following predictive/forecasting model results: BULLISH TARGETS: 1 - TG-Hi = 121.78 - 13 FEB 2015 and 2 - TG-Hix = 128.18 - 13 FEB 2015 PATTERN ANALYSIS: - ELLIOTT WAVE ("EW"); Wolfe Wave ("WW"): Model suggests a topped-off condition....
Friends, A LOW-PROBABILITY RALLY: At this point, USDollar index has reached a significant bearish entrenchment level. Transgression of this level would open the roof up to higher-highs, starting with a probable 1.618 extension as a point of termination for a 5th wave. However, what is occurring at the moment resembles more an Elliott Wave 5th wave...
Friends, As I come across comments on the charts in which traders overlay simple geometries, I thought I should point out to the ones that have been most important in my experience, in terms of how reliable they have been. THE STANDARD AB=CD PATTERN: To start the enumeration of the most common ones, let's name the most obvious ones, the a-b = c-d symmetrical...
TRADE PROFILE: Long prospect given two structural "lines in the sand" - 1.53511, marking a probable bullish momentum or - 1.52005, marking a probable retracement into bullish entrenchment range (1.50360/1.49959) PREDICTIVE/FORECASTING MODEL: Model defined the following bullish target: - TG = 1.64116 - 09 FEB 2015 FIBONACCI ANALYSIS: Model's target...
Trade Profile: SL = 1.96640 Entry = 1.96260 Target = 1.81668 Alternate (Conservative) entry = 1.94988 RR = 38.5 to 1 OVERALL: - Low risk, low exposure. Conservative entry should consider a lower SL (recommending 0.886 of prior swing). - Trade invalidates at SL; Would reconsider re-entry at conservative level if resumes in that direction and model...
TRADE PROFILE: Long Opp - Entry = 85.395 - SL = 85.265 - TP = 91.889 RR = 28.2:1 Caveat: Trade generate per model; Downside exists but as minimal probability. Original predictive analysis called for 84.787 (02 DEC 2014), but most recent technical comment suggested a potential floor at 85.242 (29 JAN 2015) as potential technical correction. Re-entry would...