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: 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
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;
4xForecaster
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18 MAR 2015 - Update:
From Twitter/LinkedIn:
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NZDJPY resumes rallying towards forecast target at 91.889; Bullish:
From Twitter/LinkedIn:
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NZDJPY continues to reverse after it tip-toed on target; Reversing as forecast; Bearish:
@TradingView NZD JPY
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David Alcindor