This is my second attempt to continuously prove that Financial Astrology can forecast the future with high accuracy rate.
Gold (current price $1,202) is now undergoing a big downfall to below $1,000 before April 1st 2019
and now it gives us a very high reward to risk ratio to shortsell the market at $1,202 and set a Stop Loss at 1,220.
I could end up be way off on this single prediction, but trading is not about one single trade but with lots and lots of trade of repeated set up.
And similarly, as a trader, we draw trendlines, listen to news, and have an expectation of what will happen tomorrow (your own prediction), and many retail investor have overlook this piece of "Real Time Confirmation of your Thinking" and keep on changing the outlook for tomorrow and blindly trade according to the momentum and sentiment, or news being circulated in the market.
As a trader, we should all have a basic forecast of the immediate future from our own analysis, then we should monitor the market for some time AFTER the analysis was made and see if the REAL TIME Market is doing the same as you thought. Once we synchronize our thought with what the market is actually unfolding, then we can start to trade the market. This will eventually help you identify the noises of the market and STOP from cutting loss when there is a false breakout of the range that the Market Maker arbitrarily makes, or irrelevant news being circulated in the mass media.
Instead, what we should all do, is have a general idea the market is going to rising or falling in this upcoming few days, and then find the repeating cycle that the market had been unfolding again and again in the market and trade with that same set up repeatedly.
We, Trineaspect.com aim to teach you how to discover such cycle which is repeatedly happening in the market every week, and understanding that will give you the correct starting point on your further search for the ultimate financial astrology truth, the wd gann master time factor.
and we have just recently launched FREE NEWS TRADING WEBINARS to help traders, please email us (contacts available at the website) with the subject "code: #FNTW" for details
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Khit Wong and all members of Gann Explained LLC are NOT financial advisors, and nothing they say is meant to be a recommendation to buy or sell any financial instrument. All information is strictly educational and/or opinion. By reading this, you agree to all of the following: You understand this to be an expression of opinions and not professional advice. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and education and does not constitute advice. The brand name of Gann Explained LLC will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. You are solely responsible for the use of any content and hold Khit Wong, Gann Explained LLC all members harmless in any event or claim. FTC DISCLOSURE: Any income claims shared by myself, students, friends, or clients are understood to be true and accurate but are not verified in any way. Always do your own due diligence and use your own judgment when making buying decisions and investments in your business.
Editors’ Picks
EUR/USD climbs to daily highs near 1.1820
EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.
GBP/USD trims losses, retests 1.3460
After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.
Japanese Yen gives back half of early gains against USD ahead of US PPI data
The Japanese Yen (JPY) surrenders half of its early gains against the US Dollar (USD) during the European trading session on Friday. The USD/JPY pair rebounds to near 155.90 as the JPY falls back, but is still 0.15% down.
Editors’ Picks
EUR/USD: Fed calm, ECB steady, but the Dollar still leads Premium
EUR/USD is still struggling to find real traction. The pair has tried to stabilise, but momentum keeps fading, leaving the door open to further weakness.
Gold: Falling US yields, geopolitics help XAU/USD hold ground Premium
Gold (XAU/USD) gained traction and climbed above $5,200, ending the fourth consecutive week in positive territory. The next round of US-Iran talks and crucial macroeconomic data releases from the US will be watched closely by market participants in the short term.
GBP/USD: Will Pound Sterling defend key 1.3450 support ahead of US jobs data? Premium
The Pound Sterling (GBP) entered a bearish consolidation phase against the US Dollar (USD), after having tested critical support near the 1.3450 level on several occasions.
Bitcoin: Another month of losses, and it’s been five
Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.
US Dollar: At a crossroads; Fed steady, tariffs in flux Premium
The US Dollar’s (USD) upward momentum from the previous week seems to have encountered a tough nut to crack in the 98.00 region, as measured by the US Dollar Index (DXY).
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