This pair have been in a complex correction since mid Dec 2016 The triangle should indicate the end phase of the correction so watch for the breakout. I think it will go long but triangle can break either way so be careful. Always wait for an entry set up before risking your money. All forecasts will be updated as they develop so remember to follow to...
I've been waiting for a long set up on this pair for a few weeks - we still don't have a set up but we are at a decision point. We'll know shortly if it's going long or one more down. Either way we always wait for the correct entry set up before doing anything. All forecasts will be updated as they develop - remember to follow to receive them. Always wait for...
This looks like a continuation of the long trade up to the channel top. My weekly forecast for this pair is bullish so any long trade now could turn out very nice indeed. There is a possibility that the current correction isn't finished but given the up side to this pair I will take the risk. If price comes down and takes out my stop loss I'll start looking for...
We currently have a breakout of the bear channel - wait for it to prove that it is not going back into the channel before opening a long position. Break out - correction - entry All forecasts will be updated as they develop - remember to follow to receive them. Always wait for an entry set up before risking your money. This is not investment advice - it is...
Silver has broken out of the recent down trend and looks like it will be long for quite some time. That does not mean it won't have significant shorts as it progresses. The current structure looks like it will break short within the next week so I will not trade it until it breakout of it current diagonal. As we know it may do the opposite of my prediction but...
Price has been ranging in this nice flat for quite a while. If it stays in this structure we should get a nice short trade back down. It all depends on what happens when it reached the structure line. If it turns and gives us a sell set up I'm in - if not we'll have another look at it. Most forecasts will be updated as they develop so remember to follow to...
The Euro has broken out of the bearish diagonal and could go long from here. look for a good price after a pullback and wait for the correct entry set up All forecasts will be updated as they develop - remember to follow to receive them. Always wait for an entry set up before risking your money. This is not investment advice - it is purely for educational...
We've correctly predicted this c Wave so far but we are now looking for a turning point. Given the degree of retracement and the divergence on the MACD I would expect a move up to start this week - if not then next week. We will now wait for a long setup before getting involved Remember we do not trade turning points - they are to unpredictable and you'll...
This is making a high degree ABC correction of the previous impulse up. My position of C is speculative and could be further down. (of course we may have already reached it) Given the current structure and count this looks likely to make one more move down to find its turning point. All forecasts will be updated as they develop - remember to follow to receive...
I posted a Forecast Chart on the Daily time frame for this pair a few days ago. I was just going to take a screen shot of this to show what it looks like on the 1H but it needs more than that so I've posted this chart. Please see the earlier chart linked below for context. I am expecting a huge move up to the channel top over the coming months. If we can get into...
I've posted this to give an overview of the USD YEN pair. Trading View charts rarely give us enough historic data to get a complete picture but it can be found on google. The link below shows this pair since 1970 where price drops from 350 plus giving us an bear impulse. logicfxtrading.com By extension we can see that price has been scribbing out a huge ABC...
This pair appear to be making an ABC Flat on the Daily timescale It probably has a bit more to go before wave C is complete therefore I'm long on this. Can it go short from here? YES - remember we're dealing with probabilities. Focus on the structure because it will tell you where it is most likely to go. On the 1H chart price has broken out of the previous...
On the weekly chart this seems to be making a D wave therefore my bias is long. Price is currently breaking out of the bearish correction and could start going long from this level. Wait to see if it puts in a stronger move up and correction before looking for a long entry set up All forecasts will be updated as they develop so remember to follow to receive them....
This pair have been making an ABCDE correction for the last 18 months Currently we are in the E wave so I'm expecting a nice long trade once the current correction ends ( see screenshot in comments) All forecasts will be updated as they develop so remember to follow to receive them. Always wait for an entry set up before risking your money. This is not...
I've been waiting for a short trade on this pair for a few weeks . This triangle is about to break - if it's short there could be a very nice trade down. All forecasts will be updated as they develop so remember to follow to receive them. Always wait for an entry set up before risking your money. This is not investment advice - it is purely for educational...
Looks like a nice short set up - of course do not commit until we get a breakout and correction All forecasts will be updated as they develop - remember to follow to receive them. Always wait for an entry set up before risking your money. This is not investment advice - it is purely for educational and discussion purposes. Your Ideas, comments and...
This looks short - the recent long move could well be a correction of the previous short. It is currently around the 61.8 fib and looks like a ending diagonal c wave of a Zig Zag price has recently broken out of this diagonal and could be about to short. All forecasts will be updated as they develop so remember to follow to receive them. Always wait for an...