fibo2618

The Blueprint:

http://wallstreetwaves.com/forex/EURUSD%20BLUEPRINT%202014MAY18.jpg

All lines are support/resistance/targets.The thicker lines the strongest.

These are the REAL S/R lines as well as targets up/down, and are not Pivots, fibo retracements or derived from older resistances or from any indicator.

These lines are my own calculations based on wave count analysis. Just put these lines on your graph, and see by yourself.

The Forecast for the next few weeks (all yellow lines):

http://wallstreetwaves.com/forex/EURUSD%20FORECAST%202014MAY18.jpg

Note: If you don't see the complete word "www.prorealtime.com" on the upper right, probably you are not seeing the whole image. In that case just zoom out or save it to your computer.

Good luck.

I have tried to publish the image here, but I don't know why it always appear too big.

Anyway here is the link to the image:

http://wallstreetwaves.com/forex/xagusd.jpg

All lines are support/resistance/targets.The thicker lines the strongest.

These are the REAL S/R lines and are not Pivots, fibo retracements or derived from old resistances.

These lines are my calculations from waves analysis.

Just put these lines on your graph, and see by yourself.

In this case, XAGUSD, pay attention to the lines bellow, the 15.951 and 15.493. One of those will be used for the turnaround point for a long time (years).

Because Asia session has dropped 5 pips from what I was expecting, some minor changes will reflect on the graphic:

- Where it is 1.3783 should be 1.3781

- where is 1.3737 should be 1.3733.

- where is 1.3755 should be 1.3751.

All others remain the same.

Have fun!

Here´s what I find the most probable way to reach the target 1.3884:

All lines are resistances/support and very important, be aware of these points.

Good luck

I am pretty sure about this one:

Sell EURUSD @ 1.3884 (+- 2 pips).

That´s it! no bla, bla , bla, no vague theories where all is possible , and no previsions with 100 pips risk. One number only!

This will initiate one 4th wave and could go down until 1.3543 ( I will check later after the first waves down), but at least will go down until 1.3650. :-bd

Good luck.

Weekly

Monthly

Does anyone have ProRealTrend Indicator ???

 

https://www.prorealtime.com/en/automatic-support-resistance-trendlines#link2

 

ProRealTrend allows you to display support and resistance lines for your favorite securities in one click.

- Display horizontal support and resistance lines.

- Display channels and oblique support and resistance lines.

- Set the density of trend lines displayed on charts.

- Display channels and oblique support and resistance lines.

- Use ProRealTrend in multiple views.

- Detect securities approaching key price levels.

 

Thank's in Advance...

prorealtrend is part of Prorealtime application.

It´s free for EOD, just register on their website. You will need updated Java version.

If you use forex, just enter "freedata" on the application search box and you'll get intraday free charts.

I am using it for 2 years for me is my prefered analysis software.

These are my Monthly/Weekly resistances/supports based on Harmonic waves (Wave counting + fibo targets).

Use it as a guide for entry/exit.

The ticker, the stronger. Green/Blue lines are targets up and Red/Magenta/Orange are targets down.

Download it to see it full.

Enjoy. Good luck.

found it! enjoy.

http://uploading.com/files/3md2f953/ForexMentor_Top20KillerMistakes.rar.html

According to my analysis, I think the 4th wave should begin @1.3155 (+- 5 pips), however all the wave up should end only @1.3278 (0 to -3 pips tolerance).

I really like to have this one. Multiupload i'snt working for me - "not available to your region", and I could find any working link on the net. Can someone please reupload this videos?

Thanks.

I have saw the videos and in my opinion is a very basic fibonnacci knowledge and in sometimes a confusing mix with other systems, not convincing me at all.

And worse than that, he doesn´t talk about wave counting and for me fibonnacci ratios without wave counting and vice versa is useless.

Been crunching the numbers and I finally came up with 1.2921 for the Euro as the swing high, we are getting close, see what happens.

I agree with you 1.292 seems to be the target for this 1st wave, maybe 2 pips less like 1.2918.

regards

After a deeper analysis and with the aid of the last waves made on Friday, there is in my opinion 2 possible scenarios for next week. One that maintains a bullish overview and for that is preferable to close this current wave 4 at around 1.2687 forming a bigger wave 2.

Other is a bearish scenario that transforms this wave up into a 4th wave of the down from 1.3140.

Both scenarios are valid at this time. I think that this hesitation as to do with the current European News.

My bet is on the Scenario A - Bullish.

Please pay attention to the black lines. these are very important target/resistance/support numbers.

Good luck to all next week.

Don't complain to me about the rules but they are set in place by admin. Heads up: Predictions are Assumptions. If you don't like the rules, I recommend that you stop posting.

I also suggest that you stop your comments in this thread, because I don't think anyone is coming here to see your observations.

I already have contacted the administrator of this forum and ask for an appreciation of my thread. Only him or any other from the staff can give me directions about this thread, not you.

If you really have a worth information, please get your own thread to post your thoughts and stop making noise on this one.

Read the rules:

 

Forum: Technical Analysis

 

"Discuss the technical analysis of the Forex market with explanations on how to get the signals. Signals with no explanations are considered SPAM!".

 

Several of your postings have no explanation, just assumptions and this is why you are asked for charts to back up your postings. This is why you are asked to follow the forum rules.

 

If you have questions on how to post correctly in this section, look how other members post.

Spam? I am not selling anything or pointing to somewhere.

But yes, there is a lot of spam of other members, most of them just make a copy/paste from other sites with theory's that indeed doesn't work and graphics full of indicators that don't indicate anything at all.

My method is genuine, I have been developing it for more than 3 years.

I am sharing here PART of it, and I am giving real predictions for making money.

Assumptions? Are you kidding? This is all there is in a forum like this one.

By the way, are you an administrator of the site or just a police forum?

If you're not happy with my posts, just make a complaint to the administrators and I will stop posting after been contacted by them.

I don't stop now because I think my posts are being useful for someone, but if it will became difficult to post or if I feel that no one is paying attention, then I am wasting my time.

Hi 2618, great stuff, its one thing to read about, another to see in action before hand!! I am curious why you think this will be such a large ABCD correction. At .786 isn't the X-1 correction over? How can the grey 4 end so far below the top of grey 1.

 

Thanks,

 

ddam3

This is my way of counting waves, I don't use the word "correction", because for me is all equal waves, there is no such thing as ABC correction waves.

According to my system, this wave up is pointing to a little before that red landing zone, which means that is bellow the top, suggesting another wave down about the same amount to find an equilibrium.

I wish that wouldn't happen because I still have an order at 1.2675, lol.

Also, I found that the wave down labelled AB has not finish yet, I only count it until wave 3, missing the 4 and the 5.

If this wave up (BC) finish before that red rectangle than there is a great chance of a new bottom. If finish inside the rectangle than the chance of a new bottom is more far away.

Please don't pay attention to the timeline in the graphic, I am not predicting when, only how.

That is just a theory of what could happen, I am not sure about that. My method only gives me a prediction of the end of the waves individually, that is why this thread as born, with a prediction of the end of the wave down that as begun at 1.3141.

Also, in my method is preferable that the wave close between wave 2 and wave 1 (the green landing zone) or else it can form a gartley in the opposite direction.

Once, I found a guy on a forum that as made a thread kind of "I have a solution to be rich at Forex", then he explains: "Is very easy, all you have to do is buy when the price is down and sell when is up". LOL.

But in essence he is right, that is what we are all searching, to know when is the high or low.

Regards

Here is what I mean about the gartley pattern AB=CD. The rectangles on red and green are the ideal landing zones to maintain a true AB=CD. On thing to note is my way of counting waves that differs from Elliott method. For me what they call a "corrective wave A,B and C" is just a wave 4 as can be seen by the numbers applied to waves.

Don't forget to post charts with your postings. Signals must have explanations.

ForexMike,

I understand your concerns, but I can´t make a graphic every time I say something.

I share my graphics when I think a great change will occur.

If that is against the rules, then I will wait for an administrator of the site to contact me and I will stop of making posts.

Anyway for this time I will share a graphic for my thoughts about the Gartley pattern.

Regards

Yes, this 4th wave was a real destroyer with the help of the London Market.

Anyway, in my opinion this wave down will break in 3 parts. First part is over. Next part will be up probably up to around 1.277. Then it will go down again forming kind of a Gartley AB=CD, maybe forming also a double bottom or can go down more 6 or 8 pips. That´s because who have made the bottom at 1.2660 was London session, so NY as not participated, so I think they will try his own bottom.

Also, I think the market will gonna close today forming a bull candle on the week chart.

Overall I maintain the conviction that the market is turning around and will go up next weeks.

Is now 19:00h GMT, we are at the final steps of this last 5th that as begun at 1.2717 and that as already finish is 3rd at 1.28. We are now of it's 4th that should end about 1.2755. From there a last 5th wave will finish at the expected final target 1.2822.

From there a new wave should begin to the other side. Further details after confirmation.

Regards to all, hope someone have also make good money.

Here is the probable situation: