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$BTCUSD (#bitcoin) - Chart Update | #gold #USD #EURUSD

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
162 3 0
$BTCUSD (#bitcoin) - Chart Update | #gold #USD #EURUSD


So far, every single primary targets ("TG-1") have been hit dead-on. Of last, the 723.67 level was forecast was imposing "Low Resistance" against the week-end's bullish interests, and it took very little convincing to maintain the market in favor of the bears.

As was indicated before, this small timeframe has had no effect whatsoever on our long-term target, which eyes TG-Low at 270.61, as defined back in December 15th.

Stay tune for our forecast by joining us at 4xQuad.com - Signal services are planned sometimes in 2014.

Happy Holidays!


David Alcindor | 4xQuad.com
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
merritt
2 years ago
Hi David, have you priced in a possible top-level Chinese cash liquidity crisis?
http://www.telegraph.co.uk/finance/economics/10535540/Chinas-cash-crunch-threatens-Shadow-Banking-shock.html
Reply
Hello Merritt:

Thank you for reaching out.

Short answer: At the risk of sounding presumptuous, my predictive analyses look at non-price events using layered technical analyses to define its dead-on forecasts.

The long answer: While fundamental events may have been discounted (or not, depending on what you believe relative to technical analysis), the historical accuracy of my prop trading (applied to Forex, stocks, indices, metals/commodities) has been consistent and reliable, regardless of the underlying news. Here is where I have compiled all of the dead-on hits I continue to make week-after week ever since providing signals to clients (see listed results here: ), as well as a typical dead-on call results (see for instance the recent AUDUSD call made many weeks prior to all 4 targets getting hit: http://on.fb.me/1kDHbdB), all shared on my Facebook page: www.4xQuad.com.

All charts, analyses, forecasts I am sharing with you above are made using the same non-price predictive analyses methodology.

Again, it all depends on what side you stand across the analytical divide, whether you believe that technical analysis alone or fundamental analysis are are self-sufficient to define the trend. In predictive analysis, I go past trend definition by call tip-top, bottom-tip reversals, while keeping an ear out to major macro-economics and geopolitical development that may impact a currency.

Bitcoin has no sovereign origin per se, but it may be correlated positively to a risk asset.

Recently, someone sent me concern about Overstock (OSTK) admitting bitcoins for payment, and your link in addition to other links I receive from other traders reflect some degree of uncertainty within the trading community at large.

I won't say that I am always 100% sure about my choices outside of trading, but I can say that I am 100% sticking to the direction, targets and signals I receive from my prop trading, which I treat as both a system and discretionary methodology.

I hope this answer your recent question, and preempt others you might have had.

Have a great holidays with your friends and family.

Cheers,


David Alcindor | 4xQuad.com

Reply
merritt
2 years ago
Cheers to your great reply. You targets and hits have been remarkable.
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