Friends,
In case you had missed one of the many signals I release via my Twitter alias, @4xForecaster, here is a repost of the tweet from this June 03rd, 2014:
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"$CADJPY - Short opp @ 93.995 - SL trader's tolerance risk (mine: 94.03 = 93.995 + spread)
- S/T TP@ 93.371
- L/T TP@ 91.489 - High RR"
---------------------------------
Time-posted source: twitter.com/4xForeca...s/473931676196667392
As of this morning, the trade is well on its way, although today's data may frustrate the plan. Nonetheless, I thought it was worth posting this for the record, as price continues to near the S/T target at 93.371.
Added downside exists on a technical basis, but the force of the fundamentals might tip the balance one side or another between here and the more abysmal target. More on this as time elapses.
While the trade was generated based on a technical basis, the predictive/forecasting model remains at an impass, between a S/T bearish bias and a L/T bullish bias, making the directional bias a "Neutral" one, and elevating this trade at a highly-speculative level.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
---------------------
Twitter: @4xForecaster
Forecast archive: bit.ly/16JMnH8
---------------------
In case you had missed one of the many signals I release via my Twitter alias, @4xForecaster, here is a repost of the tweet from this June 03rd, 2014:
---------------------------------
"$CADJPY - Short opp @ 93.995 - SL trader's tolerance risk (mine: 94.03 = 93.995 + spread)
- S/T TP@ 93.371
- L/T TP@ 91.489 - High RR"
---------------------------------
Time-posted source: twitter.com/4xForeca...s/473931676196667392
As of this morning, the trade is well on its way, although today's data may frustrate the plan. Nonetheless, I thought it was worth posting this for the record, as price continues to near the S/T target at 93.371.
Added downside exists on a technical basis, but the force of the fundamentals might tip the balance one side or another between here and the more abysmal target. More on this as time elapses.
While the trade was generated based on a technical basis, the predictive/forecasting model remains at an impass, between a S/T bearish bias and a L/T bullish bias, making the directional bias a "Neutral" one, and elevating this trade at a highly-speculative level.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
---------------------
Twitter: @4xForecaster
Forecast archive: bit.ly/16JMnH8
---------------------