Appears one up leg to form a "W" pattern (slight) dip first?)
Good luck traders
Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Friday, November 23, 2018
Saturday, November 17, 2018
weekly outlook nov 19, 2018
I expect some decline first part of the week and a turn up by end of week if we see a "W" that appears to be forming.
Good luck traders.
Good luck traders.
Monday, November 12, 2018
Nov 2018 outlook
expecting sell off to indicate possible "W" formation by late Nov or early Dec???
Other outcomes might test the February lows. Potential Elliott Wave formation possibly now into a down phase.
GL traders
Other outcomes might test the February lows. Potential Elliott Wave formation possibly now into a down phase.
GL traders
Monday, October 29, 2018
Oct 29, weekly outlook
Market goes up one day, down the next or up in the morning and down in the afternoon...… You get the picture.
Sine waves do UP and DOWN better than circles.
Good luck traders - you may need it.
Sine waves do UP and DOWN better than circles.
Good luck traders - you may need it.
Saturday, October 20, 2018
Week of Oct 22 outlook
Could we see new highs? Maybe, but put your rally cap on and prepare to raise some cash as the market is likely to rally and then pull back. Time to change strategy and sell the rallies and be very careful if/when buying the dips. Cycles are starting to sync to the up side.
GL traders
Monday, October 15, 2018
Weekly outlook - Oct 15, 2018
Should see some recovery as shorter cycles sync to the upside. Reminds me of Oct 2008 as we had moves of up/down during the day of more than 1% (both up and down the same day).
GL traders
GL traders
Monday, October 8, 2018
weekly outlook for oct 8, 2018
5 week cycle bottoms mid week, and then by late week 5, 10, 20 week cycles synced to move up.
Lot of "crap" comments. Do I need to block comments? I will if all these comments promoting FOREX continues.
You want to support FOREX start your own blog.
Good luck traders
Update 10/11/2018
looking at yesterday's action. Appears 5 week, 2.5 week, 1.25 week short cycles bottomed together (happens every 5 weeks (making 5 week cycle to appear dominant).
Lot of "crap" comments. Do I need to block comments? I will if all these comments promoting FOREX continues.
You want to support FOREX start your own blog.
Good luck traders
Update 10/11/2018
looking at yesterday's action. Appears 5 week, 2.5 week, 1.25 week short cycles bottomed together (happens every 5 weeks (making 5 week cycle to appear dominant).
Saturday, September 29, 2018
Month Oct 2018 outlook
Short term - into mid month the 5 week cycle should bottom around Oct 13. As the 5 week cycle bottoms the 10 week cycle should top - making any pull back moderate. The final 2 weeks of October the 20 week cycle and 5 week cycle are up as the 10 week cycle pulls back from the mid month top.
Saturday, September 22, 2018
weekly outlook Sept 24, 2008
I stated last week that the week probably be an up week. That proved to be the case. This week the 5 week cycle has topped and will be down by week end. The 10 and 20 week cycles are up. So I expect the week to be up, but less than the past week.
Take a look:
Take a look:
GOOD LUCK TRADERS
Saturday, September 15, 2018
weekly outlook Sept 17, 2018
Any student of cycles understands that cycles do not always fit the assumed length. If it is a long cycle of several months a variation of length (short or long) may be of small consequence. Whereas one or two days may be significant for a short cycle. As a result it may be necessary to adjust bottom pivot points so charts more closely match past movement....
For short cycles medium length cycles provide the frame for shorter cycles (20 weeks divides in to two 10 week cycles and 4 five week cycles. So changing the bottom pivots of the 20 week cycle changes pivots of the 10 week and 5 week cycles. To sum it up: without expensive tools these changes are made using the ole "eyeball". And the "eyeball" is imperfect.
Two longer cycles (10 and 20 weeks) are up. 5 week cycle tops mid week. probably up week (could be sideways).
GL traders.
For short cycles medium length cycles provide the frame for shorter cycles (20 weeks divides in to two 10 week cycles and 4 five week cycles. So changing the bottom pivots of the 20 week cycle changes pivots of the 10 week and 5 week cycles. To sum it up: without expensive tools these changes are made using the ole "eyeball". And the "eyeball" is imperfect.
Two longer cycles (10 and 20 weeks) are up. 5 week cycle tops mid week. probably up week (could be sideways).
GL traders.
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