fibo2618 Posted February 4, 2012 Report Share Posted February 4, 2012 (edited) See my overall forecast for eurusd on my post @ 7 Jan 2012: http://indo-investasi.com/showthread.php/16643-EURUSD-forecast-07Jan2012-by-fibo2618 If you like my forecasts, please click on thanks, so I know that this is useful for someone and maintain my posts :) Edited February 4, 2012 by fibo2618 mykap, forex4love, Rokz and 1 other 4 Quote Link to comment Share on other sites More sharing options...
Patttern Posted February 4, 2012 Report Share Posted February 4, 2012 thanks for predict ..yor analysis is very nice I not have yet the ability to click on thanks. fibo2618 1 Quote Link to comment Share on other sites More sharing options...
iho Posted February 5, 2012 Report Share Posted February 5, 2012 Hi Fib2618, You have been a great help and insight for newbie learners like me :) Keep on the great work in your EUR USD analysis! We all appreciate your time n effort, It will be great if you can also kindly share or briefly guide us how you reach those turning points ? :) See my overall forecast for eurusd on my post @ 7 Jan 2012: http://indo-investasi.com/showthread.php/16643-EURUSD-forecast-07Jan2012-by-fibo2618 If you like my forecasts, please click on thanks, so I know that this is useful for someone and maintain my posts :) fibo2618 1 Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 5, 2012 Author Report Share Posted February 5, 2012 Hi Fib2618, You have been a great help and insight for newbie learners like me :) Keep on the great work in your EUR USD analysis! We all appreciate your time n effort, It will be great if you can also kindly share or briefly guide us how you reach those turning points ? :) These turning points are derived from the end of waves. 1)To know where the wave ends, you need to have some knowledge about wave count and check to see if all waves are already there. 2) Find some clusters (coincident points) derived from fibos and maybe trendlines at the end of waves. 3) I count corrective and impulsive waves in the same way. for me the only difference is on the waves waves 4 ( 4 of 3 & 4 of all) that go against the trend and that are bigger on the so called correctives. 4) Every wave end is a S/R zone. 4) Many, many hours looking at the screen to follow waves unfolding (that could be done on 1 minute timeframe, better on 100 or 300 ticks). I don't use any indicator, pivots or horizontal trendlines as S/R. I can´t tell you more details because doing these forecasts is my way of living and if my clients will know how I do this, they don't need me anymore, right? iho 1 Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 6, 2012 Author Report Share Posted February 6, 2012 (edited) Last hour update Next Hot Zone reversal point is @ 1.3036 AB=CD 127% (A=1.32176 B=1.30850 C=1.32307) Edited February 6, 2012 by fibo2618 Quote Link to comment Share on other sites More sharing options...
Marchello Posted February 6, 2012 Report Share Posted February 6, 2012 Next Hot Zone reversal point is @ 1.3036 AB=CD 127% (A=1.32176 B=1.30850 C=1.32307) Thank you Good trading wishes fibo2618 1 Quote Link to comment Share on other sites More sharing options...
Patttern Posted February 6, 2012 Report Share Posted February 6, 2012 Thank you fibo2618. this is also good price for buy entry? Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 6, 2012 Author Report Share Posted February 6, 2012 Last hour update They changed the plans. Hot zone reversal point could go a little further and now should be between 1.3036 & 1.3024. My bet is that will touch 1.3024 Good luck to all. Go to sleep now. Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 6, 2012 Author Report Share Posted February 6, 2012 Thank you fibo2618. this is also good price for buy entry? Yes, However is countertrend, so be aware, and use tight stops. Quote Link to comment Share on other sites More sharing options...
iho Posted February 6, 2012 Report Share Posted February 6, 2012 Hi Fibo2618, Greatly Appreciated , thanks for your explanation and kind sharing efforts. So sorry my ignorance that you have a client base :) These turning points are derived from the end of waves. 1)To know where the wave ends, you need to have some knowledge about wave count and check to see if all waves are already there. 2) Find some clusters (coincident points) derived from fibos and maybe trendlines at the end of waves. 3) I count corrective and impulsive waves in the same way. for me the only difference is on the waves waves 4 ( 4 of 3 & 4 of all) that go against the trend and that are bigger on the so called correctives. 4) Every wave end is a S/R zone. 4) Many, many hours looking at the screen to follow waves unfolding (that could be done on 1 minute timeframe, better on 100 or 300 ticks). I don't use any indicator, pivots or horizontal trendlines as S/R. I can´t tell you more details because doing these forecasts is my way of living and if my clients will know how I do this, they don't need me anymore, right? Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 6, 2012 Author Report Share Posted February 6, 2012 Hi Fibo2618, Greatly Appreciated , thanks for your explanation and kind sharing efforts. So sorry my ignorance that you have a client base :) No problem my friend. Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 6, 2012 Author Report Share Posted February 6, 2012 Update last hour Is not very clear, but this wave up that begins @ 1.3028 should end around 1.3155. If it holds, it will be a great entry short. Good luck. Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 6, 2012 Author Report Share Posted February 6, 2012 (edited) update This wave up that begins @ 1.3028 is doing his 4th wave now. His 3rd wave was very strong and according to my calculations they are trying to reach the target already established on Friday wich is around 1.3189. That could be reached at the end of of U.S. session. Still a good place to enter short. Lets see if they could reach there. Other possible scenario would be that this wave 4 be very strong down and for that reason wave 5 will be truncated and could not go above the 3rd. That´s the war between the bulls and bears. Let's be careful out there! 8-) Edited February 6, 2012 by fibo2618 Quote Link to comment Share on other sites More sharing options...
Patttern Posted February 6, 2012 Report Share Posted February 6, 2012 thank you fibo2618. so short from 1,3189 or 55? Quote Link to comment Share on other sites More sharing options...
fibo2618 Posted February 6, 2012 Author Report Share Posted February 6, 2012 (edited) thank you fibo2618. so short from 1,3189 or 55? yes, if the price could reach there. Market will change all the time. when this wave up begins it was the 1.3155 his target, However they were able to do a 3rd wave longer than usual, so now they can reach the 1.3189. That also will depend of this wave 4 that is very tricky... could go down to 1.3069 but could also end @ 1.3113. Anyway after this wave down, will be another wave up. That will be the last breath. Enter short has high has possible. Edited February 6, 2012 by fibo2618 Quote Link to comment Share on other sites More sharing options...
Patttern Posted February 12, 2012 Report Share Posted February 12, 2012 what happened to your analysis?last short from 1.3189 hit SL. price was up to 1.3320.Do you have any other prediction? Quote Link to comment Share on other sites More sharing options...
mohzulmd Posted February 12, 2012 Report Share Posted February 12, 2012 my target is 1.2530 http://screencast.com/t/yerxPpjX Quote Link to comment Share on other sites More sharing options...
mohzulmd Posted February 12, 2012 Report Share Posted February 12, 2012 http://screencast.com/t/yerxPpjX Quote Link to comment Share on other sites More sharing options...
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