Some of my forecasts

You mean we come to "Some of my forecasts" for more than just trading?
I do use a lot of slang and metaphors when I talk. It is my nature in everyday life. Math was my specialty in school, not English.
OTOH, notice the strict format when I do my Weekly Forecast. Whenever in doubt, just refer to the "Semantics" post. The Weekly Forecast is a most enjoyable time of the week for me, but it is not a time of joking and pun (For the most part. I never really can be trusted.). I refer to it constantly throughout the week for my trading. I don't want to read through jokes and pun when I'm looking to make a trading decision.

OK sir lol I won't do that m sorry

That comment was not directed at you. It was directed at me.
That is why in my Weekly Forecast the overtones are basically all business.
Saif, you should know me. I'm always game for a good joke and kicking my shoes off--lol.

[/QUOTE]

On 27th December, you were talking about uptrend which i missed

Now here is the update, It seems now reversal is on his way. As cloud is thin, it might try to touch top of the cloud. Can we take this trade for sure reversal?

On 27th December, you were talking about uptrend which i missed

Now here is the update, It seems now reversal is on his way. As cloud is thin, it might try to touch top of the cloud. Can we take this trade for sure reversal?

[/QUOTE]

You know trader look at the future cloud Its already at a solid R level btw cloud doesn't look thin . there is a crossover the flip which Me and paul sir were just talking about but here also look at the momentum it is overbought !It surely tells you of a trend reversal ok in this situation you should wait for a correction back to the tenken sen or the solid S that the flat kinjun formed just previously ! that should push the pair higher ! you have this chinkou hitting the price action what more do you need sir?

T4J we have some variables working here. With the RSI posted, that tells me of a strong sign of containment at the cloud. The reading has been over 70 for over 5 candles, so it could be ready to turn. If that happens, then look for the TK combo to contain the downside.
If it continues north, then the break through the cloud will effectively put a flat cloud under it for support. Watch for the correction back to the top of the cloud along with the TK to catch up. The other thing you want to keep your eye on is the chinkou. It's about to cross the candles which will add to the bullishness. A strong reversal from current level is necessary to nullify that view.


On 27th December, you were talking about uptrend which i missed

Now here is the update, It seems now reversal is on his way. As cloud is thin, it might try to touch top of the cloud. Can we take this trade for sure reversal?

[/QUOTE]

ichimoku XIX--chinkou

The previous discussions we have had on the kumo, just kind of tie all that together. There were different points of the discussion that was going to be featured in the series, but instead, I'm going to push ahead to the chinkou. My goal is to still finish the series by this week, and post the URL for all insertions. If any previous posts that are not labeled as you see in this title are of importance to you, then copy and paste them somewhere, because they will not be in the series when I post it all. Let's move on to the chinkou:

It is important to know how and why the chinkou is plotted the way it is and how it plays such an important part of the ichimoku. I will readily admit that if I ever have an underrated portion of any part of my methodology, it is the chinkou. After all, go through this whole thread and find how many times I even mention it. I guess I'm telling on myself.
The chinkou is also the simplest part of the ichimoku, and arguably, the most effective. Look at the close on current price, plot it back 26 candles (That's if you have the default settings of 9,26,52.), and that is it. Why is 26 candles so important? (Reread if necessary. This is important stuff.) A complete cycle is viewed as a length of 26-32 candles, depended on the market we are evaluating. When the chinkou crosses the candle, that is probably the beginning of a hot trend. If it just crossed, and the cycle is 26-32 candles, then at the least, it caught what should be close to the beginning.

There are no charts on this insertion. That is all we need to know, for now. It is important to let this digest, then we can move on.

Important note: There are respected traders in this forum who use different settings, and it works. How many times do I say it? If it works, there are no arguments. I think Linkon is one who shares the ichimoku under different settings. Here's the advantage you get here. Go to his thread and get his perspective on it. Come to this thread and get mine. Then, you can do one of 3 things: Use his, use mine, or make up your own.

Candle touched & stopped @ cloud bottom.
Chinkou breached & now stays above candles.
Tenken is now above kjun.
From down 4th candles has taken support of kjun

Any other observation?

Now what?

Sir hello A request to review crude oil . Sir it looks like the daily kinjun could be broken and headed to the next spport. and sir tll when would you post the URL for all ichimoku insertions. ?

Re: GMR Infra

Here is update

As you said, Correction continue here.

But now kjun is also above cloud and its slight turn around

Any change ?