EURUSD Forecast: 1/05 (LOW) to 1/08 (HIGH)

FX:EURUSD   Euro / U.S. Dollar

1/05 LOW came in right on 1/05 per the Euro             forecast.

We are approaching a HIGH on 1/08. I'm going in a little bit early on the price projection before the market closes because I don't expect the price to drop much lower then today's low or raise higher then today's high. -

IMPORTANT NOTE: Final projection on where price is headed for the HIGH of 1/08 will be on 1/07.
Actual price trend pivot was HIGH on 1/7 - one day earlier then the forecast date of 1/8. This is what W.D. Gann describes as an Orb, or lost motion in time. The actual forecast high can come in either on the forecast date, or 1 day of either side of the forecast date (Orb). This is covered in the STARTER KIT, which is located in the Member Area of our site.
-1 Reply
All - Be sure you are reading the forecasts correctly. Don't over-complicate things. You are going from point A (the Low) to point B (the High). In no way does 1/05 LOW to 1/08 HIGH mean the low in the price bar will never dip down like it did on 1/07 - pay attention to your trend line as shown above, it's still up (low to high).
Notice how today's price opened right on my lower projected price line? Price respecting the line!
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