Hi everybody,

Let`s review my previous conclusions...


"It seems to me that we will reach a temporary top in the 1.9693+or- 39 pips..
so ,the expected reversal area is 1.9655/1.9735 approx..and this reversal should be located,in time since a few hours ago to 16 Jan at 11:00 AM GMT"....WE have had a top at 1.9706 at approx 09:30 GMT 16 January.......
....RIGHT ON TARGET

"It seems to me that the above mentioned potential reversal has the possibility to be very short..100/200 pips.."..
...RIGHT ON TARGET..from 1.9706 to 1.9586..120 pips

"Let`s see what happens and learn from it.My expectation is that if,conclusions 1 and 2 of the previous posts are going to be both right,the GBPUSD decline could probably find support in the 1.9460/1.9555 area.." ...
...WRONG ON TARGET..The move stopped in the 1.958+ area..

So,let`s see what happens with my second conclusion

"Because if the last centered sma crosses the other smas in the 1.9601/1.9605Area,"...it seems probable..see pic

"..so,let`s say in the 1.9700 to 1.9800 area we have our target range..and the potential time range is from this Thursday to(the pic marks Saturday,so let`s say)Monday.."..Well...still unclear..but still possible

Will continue
Simba

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Hi everybody,

"..so,let`s say in the 1.9700 to 1.9800 area we have our target range..and the potential time range is from this Thursday to(the pic marks Saturday,so let`s say)Monday.."..

Well,it looks like we are almost there..we have reached 1.9777..and it is Thursday..and today we have several potential catalyzers with several news releases from 14:30 CET to the afternoon..even Bernanke is scheduled for some,I presume,interesting talks..we will see what happens..

Just keep this in the back of your mind,and trade hard signals..but take care because we are in a potential temporary top area..see pic

Regards
Simba

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interesting1h.gif (17.9 KB, 608 views)

just wondering if you can put an option to invert the line---
that is and option to multiply the result by -1

Sorry mate, I can`t...exercise your visual flexibility

Simba

Hi everybody,

It looks like the second part of my analysis was right OFF target,today is Tuesday and we have had,for the moment,a high in the 1.9857 area..fortunately we trade reality(in my case slope of the SATL..usually ),not predictions.

If we update the "Hurst method" prediction with the latest information,we can see that there is a potential for reversal in the 1.9834/1.9891 area,according to the 1h pic..we are there now,so,trade with even more care than usual.

On the other side if we look at the 4h pic..from the extrapolation of the longest centered sma crossing point we can see that there is the potential,IN BOTH PRICE AND TIME,for a reversal in the 1.9934(+-67 pips..1.9867/2.0001) area..TOMORROW or Thursday

I will not trade any of this predictions until confirmation by hard signal..And I will carefully check the evolution of the longest centered sma to "fine tune" the potential crossing point,and by extrapolation,the potential top area.

Will continue
Simba

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	interesting1h.gif (32.1 KB, 452 views)
	interesting4h.gif (31.7 KB, 436 views)

Hi everybody,I quote from my previous post..

"If we update the "Hurst method" prediction with the latest information,we can see that there is a potential for reversal in the 1.9834/1.9891 area,according to the 1h pic..we are there now,so,trade with even more care than usual." ...WE WERE THERE INDEED..YESTERDAY WE HAD OUR REVERSAL

"On the other side if we look at the 4h pic..from the extrapolation of the longest centered sma crossing point we can see that there is the potential,IN BOTH PRICE AND TIME,for a reversal in the 1.9934(+-67 pips..1.9867/2.0001) area..TOMORROW or Thursday" ...THE REVERSAL WAS ALMOST @ 1.9934,IT WAS @ 1.9914..BUT IT WAS ON TUESDAY,SLIGHTLY EARLIER THAN PREDICTED(So,the prediction was late,reality is what counts.. )

New prediction:We will see GBPUSD in the 1.9665/1.9620 area, at least, either today-Wednesday- or tomorrow-Thursday..see pics

Will continue..hopefully
Simba

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	interesting4h.gif (33.0 KB, 436 views)
	interesting5m.gif (32.4 KB, 422 views)

Hi everybody ,

I quote from my previous post

"New prediction:We will see GBPUSD in the 1.9665/1.9620 area, at least, either today-Wednesday- or tomorrow-Thursday..see pics"..

...This was written at 14:39 CET.. GBPUSD was @ 1.9714.. less than 2 hours later we had a minimum in the 1.9645 area..

Sheer luck?..Yes.and Mr JMHurst unbelievably useful techniques

Do yourself a favour and learn those techniques..they will give you an edge..you will understand the market like never before..and you will trade knowing the most probable script for the market,and the potential alternative ones..No more horror movies,just some interesting action thrillers..And,once you learn these techniques,take care with the trend..the only thing that can waste a Hurst trader is doing a countertrend trade too early and getting irrationally stuck on a position ..so,always confirm with hard signals that the trend has REALLY changed..,enter with half,or even one third,positions..if you feel you have to enter before confirmation..close them if they are not confirmed..and reopen them later at a better price..and when you have confirmation..Go For It

A good trader does not become tense but ready...ready for whatever may come. A trader has to take responsibility for himself and face the consequences of his own doing. To have no fixed pattern, there is no "Market," because the "Market" does not exist...The "Market" is just a reflection of your fixed mind patterns... When the "Market" expands you contract and when it contracts, you expand... And doing so,you will surprise yourself by finding... that when there is an opportunity, "You" do not trade, "It" trades all by itself..Be Ready,my friends

Good learning to everybody
Simba

Hi!!

Very well done, SIMBA.

Ben fet.

Nina

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

..............

Thanks for the great thread Simba,

I may have to read it again


Tross