Forecast of daily high and low.

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Zion_Lion
257
Zion_Lion  

Each day in the forex market, there are at least 2 guarantees for the price of each pair;

Guarantee 1- There is going to be a high of the day.

Guarantee 2- There is going to be a low of the day.

At the beginning of each trading day, an accurate forecast for the high and low could give any trader a very well established outlook of what may occur during that trading day, and also when to exit a trade for maximum profit.

Because everything in the forex is based on number figures, mathematical calculations and formulas, a strive began many moons ago to develope a new formula that could determine the potential high and low of each trading day.

This formula has been discovered. The formula provides 3 levels, with one being the most potential and consistent.

The formula also provides 1 to 2 power levels that last the entire week which can also serve as a top or bottom for any given day of that particular week.

Although, I'm not able to deliver the formula to any person for secrecy sake, I can deliver each day the forecast for a few pairs to this forum group.

The first forecast delivery is to between June 27, 2010 and July 4, 2010; within 1 or 2 hours of the open. Date to be determined due to other obligations.

These forecasts are going to be delivered for 1 to 2 months, and may or may not continue after that.

This is for generosity sake. Perhaps during these next months, I am able to assist you in maximizing your profit.

I promise to do my best at helping each of you succeed on your path to/of financial independence.

There are a few details that I must mention that you MUST be very well aware of.

1. These are NOT buy/sell signals. Please do not use them as entry points. Please only use them as a tool for determining when to possibly exit your current trade or when to possibly exit with partial lots.

2. As mentioned above, the forecast gives 3 potential level for the high and low of the day, with one of the levels being the most probable.

2.1 On occasion, only the forecasted high is reached OR only the forecasted low is reached.

2.1 On occasion, such as on a low volume and ranging day, none of the forecasts are reached.

2.3 On occasion, I may change the forecast through-out the day, depending on price action. However, this is rare.

2.4 As mentioned above, the weekly power levels are also included for each day and remain applicable for the entire week. They also serve as potential tops and bottoms.

The power levels are forecasted on either the first or second trading day of the week.

3. These are NOT the regular daily levels, such as pivot, mid-resistance, resistance 1, mid support, camarilla's, fibos, etc.;

so please do not be confused.

4. On occasion, the forecast levels might match other daily levels. That is just coincidence.

5. The forex market can sometimes be very unpredictable. If there is, for example, a surprise news announcement in the middle of the night, please do not anticipate the forecasted levels to stop the freight train.

6. If there are major news announcements during the course of a trading day, the price may or may not stop at the forecasted levels. Sometimes the freight train just wont stop for the forecast level.

7. The open price of Sunday night (EST) can sometimes be several pips higher or lower than the closing price of Friday. Because of these invisible swings and invisible price actions of candles, the forecast becomes more difficult to formulate. Please bare with me during those times. I promise to do my best.

8. Fridays tend to have less volume toward the end of the day, so the forecasted level may not be reached. But the price may come close. Typically though, one of the forecasted levels is reached.

9. Each pair has it's own variation of the formula. This is because some pairs are very erratic and volatile such as the gbp/jpy, while others are calm and smooth, such as the eur/usd.

10. Because of the items mentioned in point 9, occasionally some pairs, such as gbp/jpy, wont agree with their forecasted high or low.

Please bare with me with my forecast of these pairs as we all know how erratic they tend to be. I promise to do my best.

11. Because of the items mentioned in point 9 and 10, I have developed a difficulty rating system. Each pair of the forecast receives a difficulty rating. The higher the rating, the more challenging the pair is to forecast.

Therefore, proceed with caution if you choose the higher difficulty pairs.

12. Often, the price can stop to the exact pip of the forecast, or come within or cross over a few pips of the forecasted level, depending on the currency pair, volatility, and overall conditions.

GodSpeed to all.

Zion

iamloco
10
iamloco  

I use the daily high and low as my breakout points

Zion_Lion
257
Zion_Lion  
iamloco:
I use the daily high and low as my breakout points

Do you mean the previous days high and low? Those are historical levels and have no meaning to the forecasted levels.

iamloco
10
iamloco  
Zion_Lion:
Do you mean the previous days high and low? Those are historical levels and have no meaning to the forecasted levels.

i've been using it on GBPJPY and the result is quite good

xx3xxx
1756
xx3xxx  

freight train is a good analog , we try to hard to tell the forex price movement as pathway, and mover knew that , so we could lose to have to consider where will the one-wheel bike U-turn in each candle

but you need some experience and gut to trade it like your idea , as the overall will still SHORT, i.e. still loss more than the overall profit -- but I think we could look into it as life could be beautiful if we master it -- very simple methodology - closer to ideal tactics

Zion_Lion
257
Zion_Lion  

June 27 forecast

Okay gang, here is the forecast for today's high's and low's. See next post for weekly levels.

I'm still working out a few kinks, so bare with me.

I am adding a fourth level to daily forecasts, which I am naming the extreme level. It is very improbable, but possible if there is tons of volume.

I am also adding gold to the list.

I am also adding monthly forecast levels, which shall begin at the start of next month.

There is only one major news announcement today and that is at 8:30 EST.

This may or may not affect the forecast.

PS- There are many numbers to calculate and levels to post, and I am going to double and triple check this entire post for errors. If I see something, I am going to add a correction post after this one. I double checked everything already and so far, the forecast levels look good.

Godspeed, Zion

GBP/USD

LESS PROBABLE HIGH- 1.5128

MOST PROBABLE HIGH- 1.5190

LESS PROBABLE HIGH- 1.5222

EXTREME- 1.5318

LESS PROBABLE LOW- 1.5018

MOST PROBABLE LOW- 1.4955

LESS PROBABLE LOW- 1.4924

EXTREME- 1.4831

EUR/USD

LESS PROBABLE HIGH- 1.2427

MOST PROBABLE HIGH- 1.2468

LESS PROBABLE HIGH- 1.2498

EXTREME- 1.2549

LESS PROBABLE LOW- 1.2352

MOST PROBABLE LOW- 1.2312

LESS PROBABLE LOW- 1.2291

EXTREME- 1.2230

GBP/JPY

LESS PROBABLE HIGH- 134.93

MOST PROBABLE HIGH- 135.38

LESS PROBABLE HIGH- range 135.60 -135.83

EXTREME- 136.28

LESS PROBABLE LOW- 134.09

MOST PROBABLE LOW- 133.63

LESS PROBABLE LOW- range 133.41 - 133.18

EXTREME- 132.73

AUD/USD

LESS PROBABLE HIGH- 0.8794

MOST PROBABLE HIGH- 0.8841

LESS PROBABLE HIGH- range 0.8865 - 0.8888

EXTREME- NONE

LESS PROBABLE LOW- 0.8711

MOST PROBABLE LOW- 0.8663

LESS PROBABLE LOW- 0.8640

EXTREME- 0.8570

USD/JPY

LESS PROBABLE HIGH- 89.51

MOST PROBABLE HIGH- 89.59

LESS PROBABLE HIGH- 89.82

EXTREME- NONE

LESS PROBABLE LOW- ALREADY REACHED ( 89.26)

MOST PROBABLE LOW- 89.14

LESS PROBABLE LOW- 88.81

EXTREME- NONE

USD/CHF

LESS PROBABLE HIGH- 1.0952

MOST PROBABLE HIGH- 1.0987

LESS PROBABLE HIGH- 1.1014

EXTREME- 1.1056

LESS PROBABLE LOW- ALREADY REACHED ( 1.0895)

MOST PROBABLE LOW- 1.0864

LESS PROBABLE LOW- 1.0847

EXTREME- 1.0797

USD/CAD

LESS PROBABLE HIGH- 1.0372

MOST PROBABLE HIGH- 1.0402

LESS PROBABLE HIGH- 1.0425

EXTREME- 1.0462

( NOT LIKING WHAT I AM SEEING FOR THESE CALCULATIONS, BUT LETS GIVE IT A SHOT ANYWAYS)

LESS PROBABLE LOW- 1.0319

MOST PROBABLE LOW- 1.0289

LESS PROBABLE LOW- 1.0260

EXTREME- NONE

NZD/JPY

LESS PROBABLE HIGH- OPEN PRICE (63.84)

MOST PROBABLE HIGH- 64.40

LESS PROBABLE HIGH- 64.86

EXTREME- 65.32

LESS PROBABLE LOW- 63.30 (ALREADY REACHED)

MOST PROBABLE LOW- 62.89

LESS PROBABLE LOW- 62.68

EXTREME- 62.00

EUR/GBP

LESS PROBABLE HIGH- ALREADY REACHED (82.37)

MOST PROBABLE HIGH- 82.61

LESS PROBABLE HIGH- 82.85

EXTREME- 82.08

LESS PROBABLE LOW- 82.10

MOST PROBABLE LOW- 82.06

LESS PROBABLE LOW- 81.79

EXTREME- NONE

AUD/CAD

LESS PROBABLE HIGH- 0.9088

MOST PROBABLE HIGH- 0.9098

LESS PROBABLE HIGH- 0.9168

EXTREME- NONE

LESS PROBABLE LOW- 0.9025

MOST PROBABLE LOW- 0.8990

LESS PROBABLE LOW- 0.8973

EXTREME- 0.8956 OR 0.8921

GOLD

LESS PROBABLE HIGH- 1260.25

MOST PROBABLE HIGH- 1261.88

LESS PROBABLE HIGH- 1272.56

EXTREME- NONE

LESS PROBABLE LOW- 1250.87

MOST PROBABLE LOW- 1245.41

LESS PROBABLE LOW- 1242.72

EXTREME- 1234.65

Zion_Lion
257
Zion_Lion  

ratings

Forecast difficulty rating system. 1 - 5 with 5 being most challenging to forecast.

GBP/USD- 3

EUR/USD- 1

GBP/JPY- 5

AUS/USD- 4

USD/JPY- 2

USD/CHF-1

USD/CAD- 2

NZD/JPY- 3

EUR/GBP- 1

AUD/CAD- 3

GOLD-5

Zion_Lion
257
Zion_Lion  

Gold correction

Gold daily forecast correction

less probable high- 1260.25

most probable high- 1261.88

less probable high- 1267.18

extreme- 1272.56

Zion_Lion
257
Zion_Lion  

Correction to eur/gbp

(Always triple check)

I multiplied by 100 and also input a few other numbers incorrectly.

Here is the revised and corrected forecast.

EUR/GBP

LESS PROBABLE HIGH- 0.8236 (ALREADY REACHED)

MOST PROBABLE HIGH- 0.8259

LESS PROBABLE HIGH- 0.8283

EXTREME- 0.8306

LESS PROBABLE LOW- 0.8213

LESS PROBABLE LOW- 0.8191

MOST PROBABLE LOW- 0.8184

EXTREME- 0.8137

Zion_Lion
257
Zion_Lion  

Weekly forecasts for june 27 - july 2

Weekly forecast june 27 - july 2

not to be confused with daily foracasts

still working out kinks on these

these are less likely than daily forecasts

triple checking after posting. Corrections posted later if necessary.

Gbp/usd weekly

less probable high- 1.5145

most probable high- 1.5230

less probable high- 1.5274

extreme- 1.5401

less probable low- 1.5015

most probable low- 1.4934

less probable low- 1.4850

extreme- 1.4510

eur/usd weekly

less probable high- 1.2425

less probable high- 1.2510

most probable high- 1.2535

extreme- 1.2713

less probable low- 1.2331

most probable low- 1.2241

less probable low- 1.2197

extreme- 1.2063

gbp/jpy weekly

less probable high- 135.24

most probable high- 136.39

less probable high- 136.96

extreme- 138.67

less probable low- 133.60

less probable low- 132.51

most probable low- 132.16

extreme- 129.85

aud/usd weekly

less probable high- 0.8810

less probable high- 0.8906

most probable high- 0.8934

extreme- 0.9035 or 0.9135

less probable low- 0.8675

most probable low- 0.8574

less probable low- 0.8523

extreme- 0.8373

usd/jpy weekly

less probable high- 89.76

most probable high- 89.99

less probable high- 90.47

extreme- none

less probable low- 88.87

most probable low- 88.40

less probable low- 88.16

extreme- 87.46

usd/chf weekly

less probable high- 1.0958

most probable high- 1.1004

less probable high- 1.1049

extreme- none

less probable low- 1.0841

most probable low- 1.0818

less probable low- 1.0747

extreme- none

usd/cad weekly

less probable high- 1.0415

less probable high- 1.0523

most probable high- 1.0558

extreme- 1.0791

less probable low- 1.0272

most probable low- 1.0153

less probable low- 1.0093

extreme- 1.0034 or 0.9913

nzd/jpy weekly

less probable high- 64.39

most probable high- 65.36

less probable high- 65.85

extreme- 66.33 or 67.30

less probable low- 63.14 (already reached)

less probable low- 62.22

most probable low- 61.94

extreme- 60.97 or 59.99

eur/gbp weekly

less probable high- 0.8279

most probable high- 0.8307

less probable high- 0.8335

extreme- 0.8390

less probable low- 0.8207

less probable low- 0.8156

most probable low- 0.8140

extreme- 0.8085 or 0.8030

aud/cad weekly

less probable high- 0.9079

most probable high- 0.9158

less probable high- 0.9221

extreme- 0.9285

less probable low- 0.9004

most probable low- 0.8940

less probable low- 0.8907

extreme- 0.8875 or 0.8811

gold weekly

less probable high- 1259.05

less probable high- 1270.67

most probable high- 1274.23

extreme- 1286.55 or 1298.88

less probable low- 1250.51

most probable low- 1238.08

less probable low- 1231.97

extreme- 1225.85 or 1213.61

Zion_Lion
257
Zion_Lion  

Nzd/jpy daily correction

(always triple check)

nzd/jpy daily forecast correction

less probable high- 64.36

most probable high- 64.81

less probable high- 65.04

extreme- 65.27 or 65.73

less probable low- 63.32

less probable low- 62.87

most probable low- 62.65

extreme- 62.40 or 61.94

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