GWaves

GWaves Updated  Feb 6, 2017

Hello Traders, EURJPY is giving us a strong buy signal with the following targets defined. Red Line = 125.572 Very High Probability Target Blue Line = 126.289 High Probability Target Orange Line = 126.893 Medium Probability Target An aggressive entry would be now with the defined stop loss of 120.540, a more conservative entry would be the break of the most...

GWaves Updated  Jan 30, 2017

Hello Traders, Here is a Daily view and trade of EURNZD. I currently have targets defined at 1.46653 and 1.42175, which comes close to the AB=CD completion in this Wolfe Wave. Geo's Off-Set Rule #2 suggests 1.69306 as the highest probability target (if 5' is hit). The Wolfe Wave considers the 1-4 line as the highest probability target. I typically look for an...

GWaves Updated  Jan 24, 2017

Hello Traders, EURUSD has given us a short opportunity using the Wolfe Wave method, wolfewave.com. A short position from this level would be low risk since the stop would be placed above the recent high created. The price target for this trade would be roughly in the vicinity of the green box. Best, Chartistry

GWaves Updated  Jan 24, 2017

Traders, NZDCAD formed a bullish Wolfe Wave in the H4 time frame offering us a perfect buy set up. I suspect there will be a minor correction before a continued uptrend. However, price can ignore the correction and continue on its way up. Either way, this will be a good long for next week. Happy Holidays! Best, Chartistry

GWaves Jan 17, 2017

Hello Traders, I have decided to expand my technical analysis to stocks and take a much longer outlook in the stock market. These charts would be great for a long term investor. As of 01-17-217 I expect this stock to visit the 10.99 level defined to complete the Geo' it has created in within the skinny blue lines. I have also defined an engulfing (and potential)...

GWaves Dec 31, 2016

Traders, $AXP is offering a short opportunity before an even larger move to the upside. I would naturally expect a reaction off the 1-4 line. However, depending on the violence of the move down we might see lower lows than the 1-4 line level. For now, American Express looks like a good short. Best, Chartistry

GWaves Dec 31, 2016

Hello Traders, The Wolfe Wave is already underway in this chart but the model suggest a great entry point at the level of 122.28. As always I expect the Target to be the 1-4 line of the Wolfe Wave. In this case we are looking at the 94.36 level as a high probability target (Highlighted with green box). Best, Chartistry

GWaves Updated  Dec 31, 2016

Hello Traders, Looking at a long term view of the S&P500, the predictive/forecasting model has produced the following numerical targets: High Probability = 2335.3 Medium Probability = 2536.0 Low Probability = 2830.1 The lower the probability of attainment, the higher the probability of reversal. Stay tuned for this multi year chart as I will update it far into...

GWaves Dec 24, 2016

Traders, 5 months ago I posted this chart for EURNZD defining the targets of 1.46653 and 1.42175. So far price has come close to, but just missed, the first target of 1.46653. I have mapped out a potential pathway for price. 1.42175 still remains a high probability target and could be a good short from the level defined in the yellow box. Best, Chartistry

GWaves Updated  Dec 23, 2016

Hello Traders, Here is a great long opportunity in GBPCAD with a very small risk exposure. Depending on where price opens on Sunday, it can be a great buy. Best, Chartistry

GWaves Updated  Dec 23, 2016

Hello Traders, Putting Bitcoin to the test of the Forecasting model tells us that there is a high probability of a new all time highs being created in the near future. For those that have not seen the model at work, take a look at the previous forecasts I have made in the related links below. It has proven to be quite a good tool to predict and forecast future...

GWaves Updated  Dec 23, 2016

Hello Traders, As the Fed decides to raise rates we must look at the long term effect this will have on the market. In EURUSD for example a break of 1.04624 gives way for bears to take control of this pair. If and only if there is a break across and a close across 1.04624 will I consider taking a short for this pair. At the very least it will have to happen on...

GWaves Updated  Dec 23, 2016

Hello Traders, Todays (12-14-16) Fed rate decision was to raise the interest rate and to continue to do so throughout the next year. In light of this recent decision AUDUSD has given us a big short opportunity. A High Probability target of 0.70474 clusters nicely with an AB=CD pattern. On a smatter time frame I am looking for a small retracement here to enter...

GWaves Updated  Dec 22, 2016

Hello Traders, Hope you are all doing well. In my previous NZDUSD chart (related links) I proposed an ETA for the recent bullish Wolfe Wave created in the Daily Chart. I understand that the above chart can take some time. I decided to post this chart in the M15 time frame to test my proprietary ETA and EPA model for the Wolfe Wave in real time and in...

GWaves Updated  Dec 17, 2016

Hello Traders, The US DOLLAR, which is a basket of major currencies weighed against the USD, is showing signs of weakness after an explosive move to the upside. Here we have 3 potential targets. The first target, and highest probability target, is Geo's Off-Set Rule #3 at point 3, followed by Geo's Off-Set Rule #2 at point 4, and finally the 1-4 target line....

GWaves Updated  Dec 16, 2016

Hello Traders, AUDCAD is offering a long opportunity for a long term trade set up.The level of entry at 0.98529 at the time of writing remains a speculative and aggressive entry. But offers the lowest risk as it is closest to the stop loss. The targets posted on this chart may in fact change as this trade progresses along. As for now, they remain the highest...

GWaves Updated  Dec 8, 2016

Hello Traders, This is an update from my last post in the Daily Time Frame posted 6 months ago (related link). At the end of 11/25/2016 NZDUSD created a BULLISH Wolfe Wave negating further decline. Whenever there is a Wolfe Wave pointing in the opposite direction it cannot be ignored and often times negates the Wolfe Wave that came before it. In this case, I...

GWaves Updated  Dec 7, 2016

Hello Traders, USDCAD formed a bullish Wolfe Wave. Currently it is offering a low risk entry. The highest probability target will Geo's Off-Set Rule at point 4. The next highest probability target will be the 1-4 target line defined by the Wolfe Wave. Stay tuned for updates. Best, Chartistry