Forexmospherian Currency Kraken | 31 Currency Pairs | Multiple Time Frames
(Now replaces: Trading and The Wisdom of The Crowd which will be archived.)
This Forex Market Analysis was previously posted by the Forexmospherians for seven consecutive years and was then known as Jelly Bean Crowd Behaviour "JBCB" for 13 Currency Pairs at FXstreet. The new table has now been taken infinitely further and will consist of 31 Currency Pairs. 5 time frames are analysed for each pair and the bias is then posted. If the market bias is still being upheld despite a move against the bias, then it will still be regarded as bull or bear respectively. This is because Price action rises and falls in any given time frame and market. When price action reaches a state of neutral in the original bias it is possible that the bias can be regained or broken entirely. It will be known as a "Non Trading Zone" (NTZ) for the bull or bear market concerned. A neutral bias can therefore form in consolidation periods as well as before market reversals opposing the original direction.
Green = Positive/Bull in that TF.
Red = Negative/Bear in that TF.
Amber = Still in the Market Bias but NTZ
CB or CBA is a calculation which can be greater than or equal to one Weeks notice that a Major Market move is pending, early notification, well before most Traders realize what is happening.
The Table displays the Market bias in the nominated Time Frames and will be updated with regular Market Alerts.
This analysis will be updated at regular intervals however will not detail when the bias was created nor will it detail when it will end.
The market can and will change at any given time and so trade responsibly and manage your own risk.
*Update* - Additional Kraken Information: Click Here: Additional Forexmospherian Currency Kraken