Hello Traders,
Please read this article to the end. I’m going to review my forecasts for the last month (Since Oct 9) in EUR/USD.
This review is not about how good I am at forecasting “Time Cycles”, it is about what can be done in terms of technical analysis and I hope it gives you a good insight.
1- Oct 9, I expected to see a trend reversal. Worked fine.
2- Oct 21, Forecasted downward price movement. Worked fine.
3- Oct 24, Forecasted downward price movement. Worked fine.
4- Oct 30, Forecasted Trend reversal (Upward). Worked fine.
5- Nov 5, Forecasted future price movement. Worked fine.
6- Nov 6, Forecasted reversal by the start of the week. Worked fine.
7- No 9, Forecasted future price movement. Worked fine.
8- Nov 11, Forecasted end of the wave and future time cycles. Worked fine.
9- Nov 12, Forecasted future time cycles
Please share it, like it and follow me. By doing that more traders can be notified about my analysis. It might help them in their trading. Thanks.
Let me know what do you think about these analyses.
Good luck
P.S. Sometimes I define the Time Cycle zones in advance and they might need update when price reaches to them so check the updates. In case that they are valid and nothing changes, I would not update the analysis.
I try to define the best time for Correction, Trend reversal or Continuation in the market (Time Cycle zone), not the exact place of price, so lines and bar patterns that I put on the chart are only showing time and direction.
Please consider that these analyses are my opinions and sometimes they are wrong. They are not trading advice. So please follow your own strategy and risk management.
Please read this article to the end. I’m going to review my forecasts for the last month (Since Oct 9) in EUR/USD.
This review is not about how good I am at forecasting “Time Cycles”, it is about what can be done in terms of technical analysis and I hope it gives you a good insight.
1- Oct 9, I expected to see a trend reversal. Worked fine.
2- Oct 21, Forecasted downward price movement. Worked fine.
3- Oct 24, Forecasted downward price movement. Worked fine.
4- Oct 30, Forecasted Trend reversal (Upward). Worked fine.
5- Nov 5, Forecasted future price movement. Worked fine.
6- Nov 6, Forecasted reversal by the start of the week. Worked fine.
7- No 9, Forecasted future price movement. Worked fine.
8- Nov 11, Forecasted end of the wave and future time cycles. Worked fine.
9- Nov 12, Forecasted future time cycles
Please share it, like it and follow me. By doing that more traders can be notified about my analysis. It might help them in their trading. Thanks.
Let me know what do you think about these analyses.
Good luck
P.S. Sometimes I define the Time Cycle zones in advance and they might need update when price reaches to them so check the updates. In case that they are valid and nothing changes, I would not update the analysis.
I try to define the best time for Correction, Trend reversal or Continuation in the market (Time Cycle zone), not the exact place of price, so lines and bar patterns that I put on the chart are only showing time and direction.
Please consider that these analyses are my opinions and sometimes they are wrong. They are not trading advice. So please follow your own strategy and risk management.