Gold Final Daily 19th Sep

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  • 7/23/2019 Gold Final Daily 19th Sep

    1/2

    Sentient Trader - Current Cyclic Model

    Current Cyclic Model XAUUSD1440.csv(daily) as of 18/9/2015

    1

    L X X x2

    18m 20.2M 2.0M 12.6

    40w 46.4w 2.0M 19.0

    20w 26.9w 2.0M 38.2

    80d 63.8d 2.0M -6.3

    40d 33.5d 3.3w -1.5

    20d 16.6d 7d -2.5

    10d 8.2d 7d 2.7

    5d 4.0d 4d 0.6

    Price is currently in the SECOND 4 day cycle, of the FIRST 8 day cycle, of the SECOND 16 day cycle, of theSECOND 33 day cycle, of the FIRST 63 day cycle, of the FIRST 26 week cycle, of the FIRST 46 week cycle,of the 20 month cycle.

    Updated FPA reveals that the dominant cycle has a wavelength of 20.2M, or 615 bars. This is assumed to bethe 18m nominal wave, which implies that all waves will be (13%) longer than nominal.This cycle is beginningto RISE, and is accelerating. The underlying trend to this cycle is currently slightly DOWN. Recent fulfilledprojections however indicate that the underlying trend is FLAT, probably turning DOWN. The future FLDindicates that this cycle will influence prices to FALL.

    The sub-dominant cycle (next wave down from the dominant cycle) has a wavelength of 46.4w, or 325 bars.

    This is assumed to be the 40w nominal wave. This cycle is RISING fast. This is probably the FIRST of 3 sub-waves. The underlying trend to this cycle is currently slightly DOWN. Recent fulfilled projections confirm thetrend is DOWN, but indicate that it is STRONGLY DOWN. The future FLD indicates that this cycle willinfluence prices to peak soon, and then fall.

    There is no apparent pre-dominant cycle (next wave up from the dominant cycle).

    L is currently STRONGLY DOWN (strength: -2 cycles)The 46.4w CYCLE component of L is currently STRONGLY DOWN (strength: -2 cycles)The 26.9w CYCLE component of L is currently DOWN (strength: 1)The 63.8d CYCLE component of L is currently STRONGLY DOWN (strength: -2 cycles), and accelerating.The 33.5d CYCLE component of L is currently STRONGLY DOWN (strength: -2 cycles)The 16.6d CYCLE component of L is currently STRONGLY DOWN (strength: -2 cycles), but decelerating.

    The 8.2d CYCLE component of L is currently DOWN (strength: 1), but decelerating.The 4.0d CYCLE component of L is currently UP (strength: 1), and accelerating.A shorter cycle than that selected would have been the ideal cycle to trade, however because of theweakness (low amplitude) of that cycle, Sentient Trader would recommend trading a longer cycle.The 8.2d cycle might be the ideal trading cycle, with an average potential of 6.8% per half-cycle. Thisequates to 68.3% because of leverage settings. However trading such a short cycle is not recommended.Sentient Trader therefore recommends the 16.6d cycle, with an average potential of 9.4% per half-cycle.This equates to 93.9% because of leverage settings.

    As you have chosen a shorter cycle than this to trade, Sentient Trader would recommend that you changethe trading cycle, or change the leverage in the Trading Settings by using the Tools|Trade Settings|Editmenu. To allow the trading cycle to be changed automatically in circumstances like this, change the "AllowSentient Trader to adjust trading cycle" option

    CURRENT FLD PATTERN PROJECTION:Price is currently moving UP (last close 1138.72), in an active FLD pattern cascading down.The first FLD pattern sequence (ref #0) projects a price movement DOWN to a target of 1101.16 by about

    continued on next page ...

  • 7/23/2019 Gold Final Daily 19th Sep

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    Sentient Trader - Current Cyclic Model

    Current Cyclic Model XAUUSD1440.csv(daily) as of 18/9/2015 (continued)

    2

    21/9/2015. This move would imply a price cross below the 4 day FLD (est: 19/9/2015 & level: 1127.76) . Thisprice move breaks below the 4 day VTL implying that the peak yet to be formed will be the expected peak ofthe 8 day cycle.The second FLD pattern sequence (ref #1) projects a price movement UP to a target of 1120.10 by about22/9/2015. This move would imply a price cross over the 46 week FLD (est: 23/9/2015 & level: 1120.11) .

    This price move breaks above the 4 day VTL implying that the trough yet to be formed will be the expectedtrough of the 8 day cycle.

    OUTSTANDING FLD PROJECTIONS:20.2M Refined FLD projection created on 25/12/2014 projecting a price fall of 215.6411 to 1002.1880 by20/7/2015. The closest price has got to this projection target so far is 1070.77(6.4% short) on 20/7/2015.

    Although this projection is overdue, Sentient Trader will not yet retire it.46.4w: no projection26.9w Refined FLD projection created on 29/6/2015 projecting a price fall of 73.9119 to 1084.4760 by20/7/2015. This projection target was reached and exceeded on 20/7/2015. Normal FLD projection createdon 25/3/2015 projecting a price fall of 113.5950 to 1080.0800 by 20/7/2015. This projection target wasreached and exceeded on 20/7/2015.

    63.8d: no projection33.5d: no projection16.6d Normal FLD projection created on 17/9/2015 projecting a price rise of 25.6130 to 1149.8160 by23/9/2015. This is still a valid projection target.8.2d Normal FLD projection created on 16/9/2015 projecting a price rise of 8.9873 to 1116.5650 by21/9/2015. This projection target was reached and exceeded on 16/9/2015.4.0d Normal FLD projection created on 15/9/2015 projecting a price rise of 7.5345 to 1113.6590 by19/9/2015. This projection target was reached and exceeded on 16/9/2015.

    CURRENT FLD PATTERN PROJECTION:Price is currently moving UP (last close 1138.72), in an active FLD pattern cascading down.The first FLD pattern sequence (ref #0) projects a price movement DOWN to a target of 1101.16 by about21/9/2015. This move would imply a price cross below the 4 day FLD (est: 19/9/2015 & level: 1127.76) . This

    price move breaks below the 4 day VTL implying that the peak yet to be formed will be the expected peak ofthe 8 day cycle.The second FLD pattern sequence (ref #1) projects a price movement UP to a target of 1120.10 by about22/9/2015. This move would imply a price cross over the 46 week FLD (est: 23/9/2015 & level: 1120.11) .This price move breaks above the 4 day VTL implying that the trough yet to be formed will be the expectedtrough of the 8 day cycle.