Kiwi looks like it could setting up for a major move and we want to get set on this off the

RH shoulder of this potential Head and Shoulder pattern if possible – somewhere around .7350 at the Kijun Sen/or slightly higher Kumo base. Initial target will be around .7202 (KS daily), and if it keeps going we may even see .6800. (Monthly KS even lower at.6556 – can we get lucky)

All Ichimoku elements are in place on the 1H chart but other time-frames are not corresponding as yet

It seems like next week could be very busy with potential sets-ups ready to perform, so we are looking forward to getting things under-way for the new year of trading.

We’ve now reached the gap I said was a distinct possibility and active members picked up 200+ pips from my recommendation on the Kiwi.  Unfortunately the reversal candle pattern came in the middle of the NZ night, so I was not able to send out a mail broadcast. Anyway, I know from our messages that quite a few members took the plunge as they knew exactly what to look for. Next week we will give new instructions for member on the likely flight path of the Kiwi- Non members should join now if they wish to get that valuable information.

Because I was unable to broadcast at the time of the reversal pattern I will not add any pips from this trade to the monthly total.

Unfortunately the reversal candle signal came after midnight NZ time and with the office closed I was unable to put out a mail broadcast. I know some of our members on the late European and and US sessions managed to get in short following my suggestion of entry on a reversal candle pattern. Also following the purple projection line gave a round trip of maximum 115 pips so far.  Below I update the chart showing the old purple trace which gave  a maximum of 55 pips long and 60 pips short for active traders. None of these pips have been added in the monthly total.

The following trading information and chart is for members only

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If anyone took the initiative and followed my purple line higher they will now have around +50 pips.

Lets see now if we get a reversal pattern for the next trade.

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IMO Kiwi is getting close now to a potential move, and I’m looking for a candle pattern in the yellow box area which I hope will give us perhaps 150-500 pips. The purple line shows the path I this this initial move will take, and as you can see it could be quite a profitable run, and then we may be able to get in on the first retracement for a further 100 pip move

The following information and charts are for members only

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