EverythingForex

EverythingForex

My last post here on Gold (see Quick Take: Gold: Pre-FOMC Outlook ), I predicted that we would see it drop again. Here's the chart that showed this pre-FOMC: I also showed you how having predicted, projected, making a trading plan and TRADING that trade plan based on my projections and the many wave count scenarios that I worked hard on coming up with, I and...

EverythingForex Updated 

Coming in 2 days, arguably the most important FOMC meeting will take place and the last opportunity of the year to raise the interest rates is this meeting. If they do raise the rates, then the USD is expected to rise. And with it, all USD/xxx crossed pairs should do the same. So if that is the case, then what happens to the USDJPY pair? Already, in front of...

EverythingForex Updated 

Only 15M before the FOMC release and this is how I see Gold headed. It is now forming an ED in the ending of the wave v of 5. It should head on down and hit the MAJOR DT TL which should offer resistance and should bounce from there.

EverythingForex Updated 

Back on November 9th, we identified what is the corrective equivalent of a wave 3: a Wave C. But we have been waiting for this wave C to show itself for some time! Now, you might ask what is this wave C correction part of and where it might go? I'll explain and shed light on what this is and give you some insight as to what is happening here in the big picture so...

EverythingForex

This post is to recap my idea I posted 4 MONTHS AGO where I said that there was a GOLDEN OPPORTUNITY in Gold that was coming. You can see how we traded it and how this "GOLDEN OPPORTUNITY" I posted about unfolded. By recapping it, you can see clearly how my trade plan and my wave count worked to perfection! This is a nice lesson on how you form a trade plan and...

EverythingForex

Excuse me for not having published here for awhile but just been very, very busy lately! But to be sure, part of that being busy is busy trading and banking profits! For example, 3 MONTHS AGO , I gave you my SETUP OF THE MONTH and said that we were about to see a MASSIVE MOVE UP in this pair. See this post: USDJPY: This Is My "SETUP OF THE MONTH" Don't Miss...

EverythingForex

A month ago, I published this chart on Gold and TOLD you that we were going to see something BIG happen. Here's that post: DID YOU LISTEN? Or did you still doubt me? Do you doubt me now? What about the "POWER OF PATTERNS" or are you still poo-pooing the veracity of patterns? You can see by the updated chart that I pretty much predicted what Gold was going to...

EverythingForex Updated 

Ok, so for those of you who went and sold this off of a pinbar...well, you got played! Any of you who have followed me for any amount of time know that I keep saying, DON'T TRADE PINBARS! This was just another example of why. Pinbars are for suckers! But that isn't to say that pinbars don't mean anything! No. They do. It's the PRICE ACTION surrounding and...

EverythingForex Updated 

Members of my site know this already and I have been preparing them for this to happen for awhile now. There is a POSSIBLE H&S pattern that is forming here. But it won't become validated for awhile, IMO. That does not mean not to trade it! This pair tends to make LARGE moves within large patterns. Case in point: My members were alerted to SELL this pair back on...

EverythingForex

I posted this on 9/14, eight days ago waaaayyy before today's FOMC: Look at today's chart after the FOMC and tell me what you see? Did I KNOW this would happen 8 days ago? No. But the chart sure did! I just read and interpreted what the chart was already saying would happen. I don't have a crystal ball. So now it has dropped and completed that Gartley...

EverythingForex Updated 

After banking over +231 pips on a LONG trade we took on this pair, we are now looking at selling into a retrace with very low risk. What we see is a 5-wave move up from what could've been the wave (b) completion. By that count, this move up is part of the larger wave (c) up. This 5-wave move could be the wave a of (c) OR it could be the wave 1 of a MUCH larger...

EverythingForex

Obviously, much of what is to happen to this pair will depend on the FOMC coming next week. But there are a few days and several trading sessions to go before we get to that decision. So for now, what we see happening here is that we should continue to see more retracement back down after that nice advance where we banked over +900 pips on a +281 point move. After...

EverythingForex

WEEKLY MARKET ANALYSIS Week Sep. 5th - 9th This is part of my weekly analysis newsletter that is sent out every week to subscribers. Use this analysis in addition to your own analysis of the markets. More detailed charts available to subscribers. GBPUSD - Are We To FINALLY See GBPUSD Retrace The Brexit? IF It Does, That Could Be Worth Over +1500 Pips! ...

EverythingForex

WEEKLY MARKET ANALYSIS Week Sep. 5th - 9th This is part of my weekly analysis newsletter that is sent out every week to subscribers. Use this analysis in addition to your own analysis of the markets. USDCAD - Something HUGE Could Be Brewing Here! USDCAD has been working inside a large and wide trading channel for months now. Has that consolidation come to...

EverythingForex

WEEKLY MARKET ANALYSIS Week Sep. 5th - 9th This is part of my weekly analysis newsletter that is sent out every week to subscribers. Use this analysis in addition to your own analysis of the markets. AUDUSD - A Very Telling But Complicated Pattern Is Developing. But When It Completes, BIG Moves Follow! AUDUSD has been making LARGE swings back and forth...

EverythingForex

WEEKLY MARKET ANALYSIS Week Sep. 5th - 9th This is part of my weekly analysis newsletter that is sent out every week to subscribers. Use this analysis in addition to your own analysis of the markets. USDJPY is currently making a correction and consolidation near its lows where I have marked as the end of the MAJOR wave A. If this wave count is correct, then...

EverythingForex Updated 

We BOUGHT USOil back on Sep 1st and our members are now up +413 pips so far and still looking for more! BUT as you can see on the chart, I'm NOT completely BULLISH on Oil just yet. From the chart, you can see that I am expecting that prices will hit $48 and then may reverse and retrace. MAYBE. In either case, my members and I will be pocketing almost +500 pips...

EverythingForex

I'm publishing this idea because I hate to see anyone sell this without a full understanding of what is really going on. I personally would NOT sell this pair but if you insist on doing so, at least do it KNOWING that you are selling against the trend and that trend IS NOT DONE. You could be "catching the falling knife" here! You see in my chart that it is in a...