TDA with IMT (TDA with IMT) | Foreign exchange EA download- MT4/MT5 resources

EAcpu | 3 reads | 0 comments | 2026-05-03

Top-down analysis using Intrinsic Market Timing

I started this post after multiple requests for market analysis. These analyzes are suitable for day trading and ultra-short-term swing trading.
These are my personal thoughts on what I think is very likely to happen. I am not a licensed trading professional. Any information I provide is not a trading signal or trading advice.

Analysis Basics <br> I review each time frame from largest to smallest, applying the principles of intrinsic market timing to discover

main direction
Controllable time frame
The time frame in which action is most likely to be taken

Only a summary is provided here; my personal record contains more details. I sometimes make screenshots to help clarify situations.

In addition to ForexFactory, I have other interests and commitments. I might post a few posts in a day, or I might post nothing for many days. I do not guarantee a response to questions, inquiries and comments. If you find any of the information provided helpful, please leave a comment citing the specific post. If you find any or all of them rubbish, please kindly leave a comment citing the specific post. At the very least, I hope this gives you a perspective to compare with your own technical analysis.

If you want to post your own analysis, please don't! This is not a topic to discuss what I have presented. If you have any comments or questions, please PM me. But again, I don't guarantee a reply.

I don't like the "ignore" button, but...
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July 2020 Edit: A spam email was posted in July 2020 by a Forex Factory member who had encountered many problems in his life and brought these problems to Forex Factory. Unfortunately, these posts cannot be removed except by FF management. The next best available option is to implement an "ignore" feature.
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And with that, it’s all over…

USD/CAD <br> Bias direction: Downward control: W1/D1
Action: H1

The general direction is downward. Having said that, MN1, being a sizable timeframe, is rising, causing W1 to rise.
The current phase of the rally is long overdue and prices are falling.
Currently, H1 is critical in determining whether the rally is over or will continue for at least another cycle. Previous swing highs have been breached in the first half, but buyers have shown no commitment to continuing further gains.

Canadian Dollar Japanese Yen <br> Bias direction: Downward control: W1/D1
Action: H1/H4

The general direction is downward.
D1 is moving sideways down, which seems to be buyers anticipating a rebound.
H4 may rise a bit, but unless there is a strong commitment from buyers, the rise will only be to find a level that is conducive to selling.

Note that I see a downside bias in both pairs, but the Canadian dollar is the base currency in one of the pairs and the counter currency in the other. This usually results in a set of pairs traveling in opposite directions. Just for fun, you can check the currency correlation indicator and see if you can identify what causes two currency pairs to have the same directional bias on high time frames.