I have chosen this unusual format as a forum open to experienced and advanced traders. The goal is to promote intellectual exchange on real-life financial opportunities going on in the various financial markets.
As a sole moderator, I will continually oversee this project and will freely contribute my opinion for educational purpose only. I will not necessarily or always possibly respond to charting requests, but I will do so whenever an educational value is found.
As much as possible, I will add links to other charts posted in one of the several rooms I manage, which are:
MENU SERVED EVERY DAY:
1 - AMUSE-GUEULE: Forex Intel
This is the appetizer's food for the experienced trader who already has planned a trade, trades the plan, and might be interested in knowing what is the major institutional bias - Here, actual major banks' FX positioning are posted as they come (only medium and long-term positions)
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2 - MEATS & CARBS: The PAF Model
This represents the heaviest meats and creamy carb servings that are "still cooking" or about to be put on the kitchen table after receiving the last seasoning screen from the proprietary Predictive Analysis and Forecasting model - Expect a taste for everyone, served in a family-style potlatch. So here, the trader brings his/her own forks, Pi and other trading accoutrements. No links and no sausage fest please. Distractors will be gutted and served to the kitchen staff
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3 - DIGESTIF: e-MINI S&P 500
A true Chicago treat: Finger-size delicatessen imported from the north-central parts of the Unites States - Occasional visual gourmandise would be served after-hours most of the time.
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CHEF: David Alcindor, a.k.a.: 4xForecaster
TOOLS: A panoply of kitchenware and stuffing material exclusively from TradingView's armory.
If you have any special dietary requests, be sure to let us know. Our staff is comprise or David Alcindor, 4xForecaster, and himself. So, delays might occur, but we will do our best to accommodate your needs.
Merci bien de votre comprehension and future participation.
... Et, comme entendu: Bienvenu chez "Le 4xForecasteur"!
14th septembre, 2014
* * * A WW Within A WW * * *
$GBPJPY - M15: WW
$GBPJPY - H4: Tiny WW forming at the end of an impulse that started off of a larger WW's Point-4 - H4 chart:
$GBPJPY- DAILY: Here is the larger view of a larger WW.
Therefore, expect that the small WW completes into a lower leg, so as to help define Wave-B of a A-B-C pattern moving completion towards Wave 5 (shaded).
In other words, expect a temporary retracement to allow for the completion of the smaller WW, which is the continuation of the corrective's B Wave. After that, it's a move towards Point-5, I should expect - David