EURUSD Forecast - Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower of hidden, known and present and future, for the gift of knowledge and then bestowing the ability to share with others

EUR forecast came to fruition on both parts, first on the intermediate top, warning issued on August 04th. After topping, I had given a first price profit target.

Today it closed within 0.10 of a PIP of the forecasted price level, this even impressed me. It happens only, when we are aligned with the Laws of (the Universe) The Creator, The One Who Is The Ultimate Knower. I am still attempting to find my connection with Him. On this quest of subjugation of my own inner negativity (including false ego, false self-pride, vanity), I, sometime, find some light (of knowledge) and able to share it with you. I hope it is helping some of you.

Current Market Outlook - Get Ready for The Decline, I have been Warning about!! - Update 08-12-10

I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower of all, hidden and obvious for the countless blessings including the knowledge and ability to share.

Markets have been dropping since my forecast (yes, it waited for a few days longer, however could not go higher either, due to the strength of price cycles). However it is not over yet. Weekly and monthly charts are Gann's favorite charts, to determine and verify the trend of the markets. Please see the enclosed, weekly chart. It  clears any doubts, someone might have doubt about the forecast. 3-days chart is great tool, I used and is also Gann's favorite one. 3-days chart also reinforce the same conclusion that further downside is imminent. What to do with any rally attempts? Sell and add more to the existing short positions.!!! Whether you see rallies in FTSE or European markets or US markets. It is all fake-out, or someone trying to unload, by taking the markets higher (can only do for some very small amount of time, intra-day. I know from my own experiences). Going short and selling is the right strategy now, until the trend reverses.

EURUSD Forecast - Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the knowledge and the ability to share

EUR has been selling off real hard, since one day after my forecast. Grace and All Gratitude are entirely and exclusively reserved for His Graciousness and His Magnificence.

Current Market Outlook - Get Ready for The Decline, I have been Warning about!! - Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gifts of knowledge and then Blessing with ability to share with others!

I once again offer my gratitude to My Creator for humbling with His Benevolence and Bestowing me with the ability to forecast the markets trend, when others are confused or lost the sense of markets. I had forecasted a serious sell-off and we got a beginning of it, since August 10th. It was delayed, by anyone or anything by a couple of days. But it only created a dam-like situation, where water was gathering. Once dam is broken, it must gush down with more force, as compared to, if it was let move freely and change its direction, when needed.

I have not posted my price and time cycle proprietary charts for some time. See the attached chart!!

Current Market Outlook - Get Ready for The Decline, I have been Warning about!! - UPDATE Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Markets tried to rally after FOMC, then sold-off again in last hour.
Financial and Technical Sector are usually who lead the markets to the upside and downside. Let's look at them both, to clear any confusion about the future trend in the markets. Which is DOWN!!! at least in the next immediate future.

How to use my trade entry and Exit triggers

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower of hidden and obvious.

Trading with forecast, along with the trading system: Following just the forecast alone, would have meant an unwise trading strategy. However, using with my own devised trading plan, would have let you stayed out of the market and let you keep your trading capital.

Some Stocks to Look at (AAPL)

I commence with my humblest gratitude to The Ultimate Guide, The All-Knower of hidden and obvious

Current Market Outlook - Get Ready for The Decline, I have been Warning about!! - Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower of hidden and obvious

Some Stocks to Look at (NFLX)

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower of hidden and obvious.

NetFlix, symbol NFLX, has been trying to trade higher and it has failed in its third attempt yesterday. Although it has successfully filled the gap, however its rejection (though, expected) at this level, indicates a further down move is imminent. Furthermore, it has been squaring its price cycles beautifully. Its below profit target is at least $92.88 (with GOD's Willing and Blessings)

Current Market Outlook - Get Ready for The Decline, I have been Warning about!!

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the countless blessings and ability to share.

Markets have been treading on water and are over-due for the decline.!!!!

RIMM - Price and Time Cycle Complete - ALERT - Update - Update

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the gift of knowledge and ability to share.

RIMM had found the support exactly at the first target zone previously indicated in my earlier RIMM posts, and it bounced to an expected level and it is ready to decline again. As a matter of fact it shall gap down and/or serious sell-off to confirm the continuation of its down-trend.

Financial Markets Outlook -- Where are we headed??

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Since May 2010, Markets have gone up, down several times and every time, testing lows and highs made after the May sever and waterfall decline. One of my other posts, titled "Expect the Unexpected". Well the expected and unexpected (potential) paths of the markets are not that unexpected. We are looking at 4 possible scenarios. 4th one shall be more painful, as it shall drive the market and market participants crazier than one can imagine.

Let us discuss the first 3 case scenarios:
For scenario 3, it shall be easy to determine. When the markets trade and close above the down-trend-line on monthly basis, then we know that we have a new bull markets on our hand, just like 1982, 1988 and 1992.

For scenario 1 (and 2), we look at another indicator, which is called Institutional Index. The Institutional Index is a capitalization-weighted index of 75 stocks most widely held as equity investments among institutional equity portfolios. The index is designed to reflect the performance of their core stockholdings. The XII was developed with a base value of 125 as of June 24, 1986. We know that it is the institutions, big money funds, who drive the markets. Therefore, it is a true representation of the market participants. XII retraced 61.8% and made a lower high in 2007. Thereafter it suffered serious decline and made a lower low in March 2009. We see it rallied and retraced only 50% (less strength than last rally attempt) and make a lower high in March/April 2010. Then next obvious move is the continuation of the down-trend.

Now looking at a bit micro level, we look at the weekly chart of the market. We see that markets have been following a mathematical and geometrical pattern, as alluded to my previous posts (it is one of the time cycles markets follow). Based upon this, we have run over the time cycle, for a over-due decline (and still staying within all these scenarios).