Timing is key
Short

Targeting 1.92650 on the GBPNZD (240)

FX:GBPNZD   British Pound/New Zealand Dollar
437 12 6
Hello all,

This idea is pretty straight forward, showing confluence with numbered sequences from Fibonacci, Lucas and Gann Degrees of a Circle. I am also using my own unique forecasting tool ie "The Mod.Schiff Nodal Point" which has already called the Low on the Median Line and is now forecasting a LOW on the lower parallel at around 1.92650 late on the 11th/ & early on the 12th Jan 2015. Let's see how this unfolds.

Sincerely,

TIK
Correction on chart: The chart legend Fibonacci sequences should say Days NOT bars as illustrated on the chart see the RED Stars. It does not effect the forecast.
Thanks
+1 Reply
Thanks for the chart TK. i am expecting a reversal at the dashed trendline around 1.948x in the chart below
snapshot
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Yes, your logic is sound with reference to your daily uptrend line, I would expect a bounce at that point as my timing line is still 4-5 days away, however I feel 1.948X will be broken as the Mod Schiff Median Line has been broken convincingly and probability tells me that the next station:) is the lower parallel at the yellow vertical timing line at around 1.92650 which should be a cycle bottom and a good buying area as the market heads back to the median line.....At least this is what my chart is telling me....:) Thanks for your feedback GcNaif
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Thanks TIK, it looks like its easily breaking my trendline, by the way great analysis, thanks for sharing
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Thanks ok, happy to share ideas:)
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Hi TIK. Great analysis. What is higher tf view on this pair. I was thinking to go long at 1.97 toward 2.05XX, if the price doesn't go below 1.9615 as a EOD trading idea. But the price broke much lower now and would like to wait and see.
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Timing is key HamedAghajani
This pair is tanking pretty hard, If my target is around 1.92650 in around 4-5 days time. I would be looking for a 1 to 2 day pullback for a short. At this late stage of the game my Risk/Reward would be borderline on a daily, The better entry was the pullback to the ML after it was broken. just my thoughts in line with my forcast.
+1 Reply
Hello all,

My PRICE Target of 1.92650 has been met!, however my time TIME has around 28-32 hours to go .......or within 7 to 8 ( 4 hr ) bars....... May sound weird but it looks like this will be a double bottom before the market will reverse to the upside.

Note 1:
less likely scenario but still a possibility is that the yellow timing line is a smaller top before a reversal to the downside. Interesting how this pair plays out.

Note: 2:
The reason I am so pedantic about TIMING ( apart from my name "Timing Is Key":) is that I have been on a HG quest to time the markets with accuracy for many years now using "Market Geometry" or what some refer to as "Sacred Geometry" and therefore have read and applied and experimented and applied many and varied concepts. I will keep posting my trades and forecasts as I enjoy sharing my ideas with the tradingview community.

I will update this chart soon.

TIK
+3 Reply
Timing is key Timing is key
NAILED IT!
+1 Reply
GcNaif MOD Timing is key
congrats TIK
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Timing is key Timing is key
Also reversed & hit the median line as per my forecast.
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