Numerical Price Prediction Daily Analyses

WEDNESDAY / DECEMBER 8, 2021

Who has seen its two-day baseline turn bullish?
AUDJPY
AUDUSD
CADJPY
EURJPY
USDJPY

Who has seen its two-day baseline turn bearish?
EURAUD
USDCAD

EURGBP remains decidedly bullish.
EURUSD remains somewhat bullish.

USDCAD looks like it is trying to turn north, but has not yet succeeded in doing so and is currently neutral.

GBPUSD remains decidedly bearish.
GBPJPY remains bearish, but is losing momentum.

On November 13, 2021 you wrote that you expected to see AUDJPY turn north anywhere between 77.27 up to 82.12. I'm therefore curious to know at what price the rate actually reversed direction?

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It was at 78.79. So yes, it was within the range that was forecast. (Note also that it was at a level of previous horizontal support.)
 
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Tuesday / December 21, 2021 / 10:00 AM PST
expiated said:
This has led me to conclude that when it comes to position trading Forex, the key measures are the one-, two- and five-month baselines. Viewing the markets from this perspective suggests to me what I should be looking to do to make "big money moves," so I figure I might as well integrate this knowledge into my trading as long as it is available, which is what I am doing here.
More...
I have finished this project, with the final outcome being my forming the opinion that, given what I know and what I am able to do, to look to make "big money moves" would be a silly thing for me to do personally.

Far better to make money consistently and continuously via intraday trading using the 8-hour baseline to convey the general overall direction of price, with the three-hour baseline suggesting the more immediate price flow, and the 24-, 8- and 6-minute measures indicating what rates are doing in the here and now.

Accordingly, I will probably suspend adding any entries to this thread for a while, if not ever again.
 
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Sunday / January 9, 2022

Toward the end of last week AUDJPY saw its 16-hour baseline turn bearish, but I’m not yet convinced that the pair is truly committed to turning south. It was being repeatedly rejected by the 56-, 28- and 8-hour temporal support levels during the last 40 hours of last week, so I will be watching to see if it breaks through below the 82.62 level this week or if it pulls back above 83.22. If it does the latter, I will continue to watch to see what it does AFTER that. If it does the former, I will wait for it to pull back to (and then bounce off) the 28-hour temporal resistance level as my signal to enter a short position. (SELL?)

Around the beginning of last week AUDUSD saw its 16-hour baseline turn bearish, but at 0.7181, the pair has tagged the 28-hour temporal resistance level. I will therefore be watching for this pair to reverse direction and resume a southbound trajectory this week.

At this point, CADJPY’s 16-hour baseline looks more-or-less neutral, so I will be watching to see if it breaks out above 91.65 to continue heading north, of if it breaks down below 90.28 to establish a new bearish trend.

EURAUD is headed north for now, but that hardly matters seeing as how it has been on a rambling path that has wandered up and down for the last two-and-a-half months at a minimum.

EURGBP has made no progress over the last three or four days, so I will be watching to see if it continues south or reverses north this week.

If EURJPY continues heading north, rejection off the 28-hour temporal support level will constitute a buy signal.

EURUSD has been in consolidation for almost a month-and-a-half now.

If GBPJPY continues to head north, rejection off the 28-hour temporal support level will constitute a buy signal. (Right now however, it looks like it's lost some momentum.) (BUY?)

GBPUSD is a buy if and when the rate pulls back to the 28-hour temporal support level.

USDCAD has been indecisive over the last five weeks.

USDCHF saw its 16-hour baseline turn north last week. And seeing as how price is currently testing the 28-hour temporal support level, I will be looking for an opportunity to buy this pair if and when it turns north again.

USDJPY looks like it is trying to reverse the ascent it began on December 6, 2021, or most certainly, six days later on December 12th. I will therefore be looking to sell the pair if and when it pulls back to bounce off the 28-hour temporal resistance level up around 116.00.
 
Sunday / January 9, 2022 / 8:20 AM PST

This week I will be adopting an approach in which I will be primarily monitoring four-hour and five-minute charts. Ideally, I would prefer to mainly be using four-hour and one-minute charts. However, the one-minute time frame zeros in on price action to such a microscopic degree that it cannot be sufficiently correlated to the overall picture painted by its distant longer-range cousin.

Due to the degree of faith I have in the validity and reliability of the configurations I have settled on at this point in time, I am no longer posting images of my charts in that I regard the manner in which they are now organized as proprietary information constituting intellectual property I should be making at least some amount of effort to protect.
 
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