BTCUSD - Chart Update: Neutral-to-Cowish?
Friends,
At 4xQuad, we used a layered approach to our predictive analysis, so that once all indicators hint (without necessarily pointing to) a directional bias, it gets our attention and move on the precautionary offensive, as far as taking up a trading position goes.
Our predictive analyses are generated for the sake of our private clients who have taken up positions and rely on 4xQuad's directional biases, predictive analyses and forecasts.
Since we are paid mainly for trading information on Forex, indices, metals and other commodities ... but not crypto-currencies, we are glad to share with the public trading information that would otherwise remain hid. If anything, you get to appreciate how "ow we do, see and think things around Bitcoin analyses, and perhaps realize that any chart where a price moves over time can be analyzed, a forecast generated, and speculative calculations foreseen ahead of a move.
In the case of the BTCUSD, we are glad to discover that it does NOT escape the validating filters of our methodology, and that we remain capable to define a candle-by-candle, or week-over-week forecast, wherein a candle would close at the tip-end of the forecast, ore simply close and produce a new candle right at the forecast level, as is the case in this BTCUSD chart.
We opened a course last year teaching some of our predictive analysis, but it remains close for now (preempting any request which we continue to receive every day. Yet, we want to thank you for your interest, support and friendly referral).
So, stay tuned and let's see where price leads us. The most important mindset which we like to remind our students, is not to try to be right, or prove someone else wrong in our analyses and forecast, but simply to remain sensitive to the imminent moves and probable direction of the market, which ever underlying item is being traded.
OVERALL:
BTCUSD has not met our conditions to move the "Market Direction Prediction" from Neutral to Long. In fact, it is moooooh-ving so slow, that we are willing to wait for this bull to mature, while remaining outwardly bullish about or prospects.
In the mean time, we wish out a a wonderful weekend. For reading suggestion, we would like to bring your attention to two dead-on hits we produced this week, one in the USDollar index (see it here: on.fb.me/1ktCEzB) and the second in the $CADJPY Forex pair (see it here: on.fb.me/1iryi7F).
These targets are important for self-edifying purposes as we want to introduce the community to Wolfe Waves patterns ("WW" in short), and stir the more senior traders towards these interesting market geometries, which are at the core of our research.
Again, have a great week-end.
Cheers!
David Alcindor | 4xQuad.com
PS: Feel free to refer us to our friends, like us on Facebook (Here: www.4xQuad.com), follow us on Twitter (@4xForecaster), and most importantly to bring in more of your trading friends and family here at TradingView.com.
Friends,
At 4xQuad, we used a layered approach to our predictive analysis, so that once all indicators hint (without necessarily pointing to) a directional bias, it gets our attention and move on the precautionary offensive, as far as taking up a trading position goes.
Our predictive analyses are generated for the sake of our private clients who have taken up positions and rely on 4xQuad's directional biases, predictive analyses and forecasts.
Since we are paid mainly for trading information on Forex, indices, metals and other commodities ... but not crypto-currencies, we are glad to share with the public trading information that would otherwise remain hid. If anything, you get to appreciate how "ow we do, see and think things around Bitcoin analyses, and perhaps realize that any chart where a price moves over time can be analyzed, a forecast generated, and speculative calculations foreseen ahead of a move.
In the case of the BTCUSD, we are glad to discover that it does NOT escape the validating filters of our methodology, and that we remain capable to define a candle-by-candle, or week-over-week forecast, wherein a candle would close at the tip-end of the forecast, ore simply close and produce a new candle right at the forecast level, as is the case in this BTCUSD chart.
We opened a course last year teaching some of our predictive analysis, but it remains close for now (preempting any request which we continue to receive every day. Yet, we want to thank you for your interest, support and friendly referral).
So, stay tuned and let's see where price leads us. The most important mindset which we like to remind our students, is not to try to be right, or prove someone else wrong in our analyses and forecast, but simply to remain sensitive to the imminent moves and probable direction of the market, which ever underlying item is being traded.
OVERALL:
BTCUSD has not met our conditions to move the "Market Direction Prediction" from Neutral to Long. In fact, it is moooooh-ving so slow, that we are willing to wait for this bull to mature, while remaining outwardly bullish about or prospects.
In the mean time, we wish out a a wonderful weekend. For reading suggestion, we would like to bring your attention to two dead-on hits we produced this week, one in the USDollar index (see it here: on.fb.me/1ktCEzB) and the second in the $CADJPY Forex pair (see it here: on.fb.me/1iryi7F).
These targets are important for self-edifying purposes as we want to introduce the community to Wolfe Waves patterns ("WW" in short), and stir the more senior traders towards these interesting market geometries, which are at the core of our research.
Again, have a great week-end.
Cheers!
David Alcindor | 4xQuad.com
PS: Feel free to refer us to our friends, like us on Facebook (Here: www.4xQuad.com), follow us on Twitter (@4xForecaster), and most importantly to bring in more of your trading friends and family here at TradingView.com.