4xForecaster
Long

LONG Trade Opp | $NZD $JPY

FX:NZDJPY   New Zealand Dollar/Japanese Yen
1049 20 13
TRADE PROFILE:

Long Opp            

- Entry = 85.395
- SL = 85.265
- TP = 91.889

RR = 28.2:1

Caveat: Trade generate per model; Downside exists but as minimal probability. Original predictive analysis called for 84.787 (02 DEC 2014), but most recent technical comment suggested a potential floor at 85.242 (29 JAN 2015) as potential technical correction.

Re-entry would be considered if SL hit at such a narrow set of conditions,


OVERALL:

We are reversing a position linking it to the trade announced last 23 DEC 2014 (see it here: https://www.tradingview.com/v/ivo40a4B/), which hit all target, except for extreme-low at 84.787. The interim technical comment suggested a potential bullish front, ahead of that abysmal target, rendering it quite difficult to attain. For this reason, this reversal signal to the upside is generated, with an opp             to re-enter at minimal exposure if abysmal target were to get validated.

Signal NOT shared on public sites (Twitter/StokTwits)

Have a great Friday,

David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA


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Twitter:
@4xForecaster
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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
30 JAN 2015 - Update:

NOTE: Trade shows up as closed as I loaded the TradingView trade signal from the 4-hour chart, causing it to skew to much to the left and triggering a closed ... Just for the record. Data will show that from release on forward, price has not reversed but moved forward as per forecast.

Following will be a continuous coverage of the trade.

David Alcindor
+2 Reply
30 JAN 2015 - Update:

Price hit bearish target to complete the prior bearish forecast - Below is announcement of trade completion announced on Twitter, followed by current trade update:

From Twitter:
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$NZDJPY hit target @ 85.242 from inception on 22 Dec. @ 93.661:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ $USD #forex
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snapshot



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Current trend status:

snapshot



David Alcindor
+2 Reply
30 JAN 2015 - Trade Update:

* * * Closed * * *

Model's parameters remains bullish - Keep an eye on this one!


David
+2 Reply
03 FEB 2015 - Update:

From Twitter:
----------
$NZDJPY moving on to TG @ 91.889 as forecast; Watch for Carney's 5-0:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ #forex
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snapshot



David Alcindor
+2 Reply
ImOnforum 4xForecaster
2 years ago
Hi David, what is Carney's 5-0:?
+1 Reply
4xForecaster PRO ImOnforum
2 years ago
Hello @ImOnforum - Scott Carney discovered several patterns (see: www.HarmonicTrading.com), one of which is the Shark pattern, which is often followed by the 5-0 pattern. 5-0 pattern is a TRUE pattern, as compared to the Shark, in so far as (in my opinion) it is borned out of the standard X-A-B-C-D points. In contrast, Shark is borne out of a numerical origin: Zero, making it a pseudo pattern.

In effect, I like to refer to the Shark pattern as the "Gate-Keeper" of the 5-0 pattern, whereof 5-0 or five-zero refers to the 5-0, or 50 percent retracement occurring once a Shark completes.

David Alcindor
+2 Reply
09 FEB 2015 - Update:

Price continues to climb from bottom-tip entry. Target remains intact and in force:

snapshot



David Alcindor
+1 Reply
12 FEB 2015 - Update:

From Twitter/Linked-In:
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$NZDJPY rose from 84.787 as forecast; Bullish target remains intact:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ $USD #forex
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snapshot



David Alcindor
+1 Reply
13 FEB 2015 - Update:

From Twitter/Linked-In:
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$NZDJPY - Eyeing 88.96; Break would open roof to loftier forecast target:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ #forex
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snapshot



David Alcindor
+1 Reply
15 FEB 2015 - Update:

From Twitter/Linked-In:
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$NZDJPY carves new highs; Marches on 91.889 target since reversal at 84.787:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ
----------


snapshot



David Alcindor
+2 Reply
25 FEB 2015 - Update:

From Twitter/LinkedIn:
----------
$NZDJPY served us well in both directions; Continues to rise from 84.787; Eyes 91.889:

snapshot


@tradingview $NZD $JPY $USD
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snapshot



David Alcindor
+1 Reply
04 MAR 2015 - Update:

From Twitter/LinkedIn:
----------
$NZDJPY nears bullish target @91.889 via nascent WW; 5-prime probable geo-target:

snapshot


@tradingview $NZD $JPY #RBA #BOJ
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snapshot



David Alcindor
+2 Reply
05 MAR 2015 - Update:

From Twitter/LinkedIn:
----------
$NZDJPY delineates a nascent geo towards bullish target w/ (+) Div.:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ #forex $USD
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snapshot



David Alcindor
+2 Reply
06 MAR 2015 - Update:

From Twitter/LinkedIn:
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$NZDJPY rallying off of Pt-4 to complete geo.; Target at 91.889 in force:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ #forex
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snapshot



David Alcindor
+3 Reply
takefal 4xForecaster
2 years ago
1.I'm already positioned to rise from point 4 of the graph. But where is the point 4; Must go first to point 2 (blue line) this fall;
2.Should be taken seriously, the basic requirements (Will For example today,NFP, growth US economy, rise of the index NIKKEI 225 and others) and not ONLY the technical condition on the graph;
What is your view on the two questions David;
Reply
18 MAR 2015 - Update:

From Twitter/LinkedIn:
----------
$NZDJPY resumes rallying towards forecast target at 91.889; Bullish:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ $USD #forex
----------


snapshot



David Alcindor
+2 Reply
20 MAR 2015 - update:

From Twitter/LinkedIn:
----------
$NZDJPY untangles from geometric interplay; Nears 91.889 target from 30 JAN 2015

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ
----------


snapshot



David Alcindor
+1 Reply
HamedAghajani PRO 4xForecaster
2 years ago
Thanks David, for this fruitful trading idea. My Target profit has been successfully achieved at 91.75. God bless you. Kindly, Hamed
Reply
23 MAR 2015 - Update:

From Twitter/LinkedIn:
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$NZDJPY hit 91.889 target; Possible double top, but expecting reversal here:

snapshot


@tradingview $NZD $JPY #RBNZ #BOJ
----------


snapshot



David Alcindor
+3 Reply
25 MAR 2015 - Update:

From Twitter/LinkedIn:
----------
$NZDJPY continues to reverse after it tip-toed on target; Reversing as forecast; Bearish:

snapshot


@tradingview $NZD $JPY
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snapshot



David Alcindor
+3 Reply
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