Short

# \$GBP v. \$AUD - Geo's Eyes Off-Set Rule #2 Target | #BOE #RBA

FX:GBPAUD   British Pound / Australian Dollar
1336 5
QUICK ANALYSIS:

GEO:

Price reached 5', calling for Geo's Off-Set Rule #2 application - This defines the highest probability target in the 2.11425/2.10857 range.

The Geo             takes into account distortions that may be occurring in the Wolfe Wave pattern, and thus adjusts a target of higher probability than that which is defined by the Wolfe Wave's 1-4 Line.

The 1-4 Line does remain a viable dynamic target, but of lesser probability compared to the more proximal static target range defined above - See Mr. Wolfe's namesake pattern for more information on this great pattern: http://www.WolfeWave.com.

Best,

David Alcindor
Predictive Analysis & Forecasting

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Comment: 03 NOV 2015 - Chart Update / Tech-Note:

Price continues its forecast decline to price level of Point-4, per Geo's Offe-Set Rule #2:

David Alcindor
Trade closed: target reached: 07 NOV 2015 - Target Hit:

This is a perfect demonstration of how the Geo is 1) offering a high-probability target, and 2) illustrating its geometric compensation as a significant improvement from the Wolfe Wave.

As you know, the Wolfe Wave makes no requirement of its internal construction, and only requires a single target along its 1-4 Line.

However, the Geo takes its account the adverse excursion that occurs off of Point-5, and thus adjusts to this distortion by offering the highest probability target, based on a set of rule, such that:

Rule #1 - If price reverses from Point-5, then highest probability target rests along the 1-4 Line (this is the Wolfe Wave rule);

Rule #2 - If price reverses from Point-5', then highest probability target rests at the price level of Point-4;

AND

Rule #3 - If price reverses from Point-5'', then the highest probability target rests at the price level of Point-3.

Note that in terms of probability, price will reverse from 5' most frequently, and from 5'' least frequently, such that:

Point-5' > Point-5 > Point-5''.

OVERALL:

This was a high-probability trade, using a geometric compensation that I discovered through the Geo. There are other on-going trades, so Google me up under "4xforecaster + Geo" for more on past and on-going educational opportunities - None of these are trade advice. Just bits and parts of lessons I used to offer.

If it helps you, let me know, share with your friends, peers and family, and follow-me on TradingView (alias: 4xForecaster) for continuous surveillance of high-probability set-ups.

Also, check out the links below for on-going lessons, pearls, tricks and new set-ups in Forex, commodities, metals, stocks and indices.

Best,

David Alcindor
Predictive Analysis & Forecasting

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Comment: 07 NOV 2015 - Target Hit:

This is a perfect demonstration of how the Geo is 1) offering a high-probability target, and 2) illustrating its geometric compensation as a significant improvement from the Wolfe Wave.

As you know, the Wolfe Wave makes no requirement of its internal construction, and only requires a single target along its 1-4 Line.

However, the Geo takes its account the adverse excursion that occurs off of Point-5, and thus adjusts to this distortion by offering the highest probability target, based on a set of rule, such that:

Rule #1 - If price reverses from Point-5, then highest probability target rests along the 1-4 Line (this is the Wolfe Wave rule);

Rule #2 - If price reverses from Point-5', then highest probability target rests at the price level of Point-4;

AND

Rule #3 - If price reverses from Point-5'', then the highest probability target rests at the price level of Point-3.

Note that in terms of probability, price will reverse from 5' most frequently, and from 5'' least frequently, such that:

Point-5' > Point-5 > Point-5''.

OVERALL:

This was a high-probability trade, using a geometric compensation that I discovered through the Geo. There are other on-going trades, so Google me up under "4xforecaster + Geo" for more on past and on-going educational opportunities - None of these are trade advice. Just bits and parts of lessons I used to offer.

If it helps you, let me know, share with your friends, peers and family, and follow-me on TradingView (alias: 4xForecaster) for continuous surveillance of high-probability set-ups.

Also, check out the links below for on-going lessons, pearls, tricks and new set-ups in Forex, commodities, metals, stocks and indices.

Best,

David Alcindor
Predictive Analysis & Forecasting

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There are several "Chatrooms" in which I do most of the "brain chatter" with myself. These rooms are more like back-stage "ateliers" where I prepare trades in advance. You are welcome to wipe the dust off of the windows and peek in. The glass is rather thick, so I rarely reply to taps on the glass or even shouts from the door. I work very late hours in the ER and I use these moments to collect thoughts, ideas, concepts, and lay it out there in the open.

Following are a few of the rooms where I prepare trading ideas before they become shared on Twitter, Linked-In, Google, Facebook, StockTwits and TradingView communities - So, if you want to have first peek, feel free to stop on by. If I don't reply and it smells like coffee, it's because I might be in the basement, hammering other charts in another "brain chatter" room:

\$BTC | Predictive Analysis & Forecasting | 4xForecaster:

\$GBP | Predictive Analysis & Forecasting | 4xForecaster:

\$CAD | Predictive Analysis & Forecasting | 4xForecaster:

\$EUR | Predictive Analysis & Forecasting | 4xForecaster:

\$NZD | Predictive Analysis & Forecasting | 4xForecaster:

Metals | Predictive Analysis & Forecasting | 4xForecaster:

Stocks | Predictive Analysis & Forecasting | 4xForecaster:

Indices | Predictive Analysis & Forecasting | 4xForecaster:

Commodities

* * * Archives of Hit Targets * * *
Comment: ===================================

* * * NEW PATTERN METHODOLOGY * * *

ATHENA - Geometric Methodology Of An Elliott Wave Pattern:
... Letting the reciprocal lines tell you where to hold, stop and go

Here is the latest room I opened - Here too, not much peer to peer chatter. Just free-sharing a new pattern methodology. If you liked the "Geo", then have fun with this one:

ATHENA | Predictive Analysis & Forecasting | 4xForecaster:
===================================

Feel free to capture and share links - I do apologize ahead for not immediately or rather rarely replying to inquiries within these chatroom - Best is to contact me through the threads, such as this one, where the discussion can reach a far greater number of traders and benefit not just the chatroom participants, but the larger community of traders here on TradingView and outside.

Also, these chatrooms are not spaces where I would engage traders into circular arguments, as I really have no opinion of the underlying market for which the analyses are provided. This is all educational, and if you need real trading advice, seek that of a certified professional - I am a non-certified life-time student of the market. I am the author of several proprietary (i.e.: not for sharing) patterns (Great White, Janus, Euclid) and lesson-based shared methods (EAGLE, AFT), but I do spend most of my time double tasking between broken people and breaking markets.

Best,

David Alcindor

PS: If you like certain charts, ideas, concepts, then given it a thumbs-up so I know which one to delve into and which one to lay off of. And, if you think these are ideas that can advance the edification of a peer, then I thank you ahead for sharing - I don't make money via memberships. Just trading my own ideas and free-sharing ... Just a better credential, if I may say so.

David
Comment: 24 JUN 2016 - Chart Update:

Here is one of many signals turning out positive during private course I have started to offer in Predictive Analysis & Forecasting ( ... The next step-up for any advanced technical analyst):

This is the 18 JUN chart - Predictive and limited reactive rally with a deep forecast target, 5 days prior to #brexit:

... And this is the #brexit price reaction on 23 JUN 2016 and aftermath on 24 JUN 2016, illustrating forecast target hit:

Predictive analysis and forecasting demands a solid basis of technical knowledge from which the technical analyst does not simply follow price, but learns to predictive trend, direction, extent and strength of a probable price pathway, as well as formulating a precise price forecast.

Unless you can direct me to some other person, I believe I am the only person I know who teaches the technician to become a predictive analyst/forecaster of the financial markets.

If you are interested, feel free to contact my assistance at admin@KADAInstitute.com for more information - The private course is a one-on-one, intense series of private lessons over multimedia (emails, text alerts, Skype and TeamViewer) over a year time and open-ended.

Best,

David Alcindor, CMT Affiliate #227974
- Alias: 4xForecaster
David Alcindor
Alias: 4xForecaster

FREE Strategies:
- http://bit.ly/4xForecaster-FreeLessons

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- http://www.MarketPredictiveAnalysis.com

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## Related Ideas

02 NOV 2015 - Chart Update:

David Alcindor
Any stop loss level ??
prashantfx
Hello @prashantfx - I do not make any trade recommendation. All that I post is for educational purpose only.

However, I always suggest that, if your risk management and account size allows (based on your own defined risk aversion, exposure, leverage, .. etc), a 1.414-FE is always a safe bet for a SL - This would put your SL, as illustrated below:
4xForecaster
... 2.17257:

This would allow you to "reload" if price were to move against you, as it remains a possibility that price could rise to 1.618-FE.

Cheers,

David Alcindor
i am short gbp/aud nice trade!
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