Thursday 31 March 2016

Yin yang Forex Trading System - wato forex trading system

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Yin yang Forex Trading System ~ wato forex trading system




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Weekly Elliott Wave Analysis 11 01 (updated) - near trading forex signals

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Weekly Elliott Wave Analysis 11 01 (updated) ~ near trading forex signals


The elliott wave intraday and long term forecast and analysis of Gbpchf, Audchf, Euraud, Gold, S&P 500, Usdcad, Crude Oil, Dax 30, Eurgbp, Usdjpy






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I Love Diagonals Euraud! - forex trading signals urdu

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I Love Diagonals Euraud! ~ forex trading signals urdu


This trade was one of the case studies of  trade the pattern and not the count. I am a strict advocate of pattern trading. 

 

Whats my business opening a position when a pattern is not in place?



Toward the end of April, I saw a diagonal pattern, a textbook one.



Prior to that, I have been following the pair since January and was trading along as tradable patterns are being revealed. 



A 5-wave impulsive move ended in January, 2014 ( my type of trade). I still dont undersatnd how I missed it.

 

 

A long term correction was expected. 

We saw the first leg of the correction ending in september. It was another 5-wave pattern. 

 

I dont usually trade the impulsive end of wave A( I prefer trading the corrective end of B), besides, the 5-wave pattern wasnt very clear ( I had to view through lower time frames to count). 

 

 An advance followed as expected which was a clear A-B-C zigzag pattern.

 

 

 

 

 I have traded more than 30 zigzag patterns since i started in the path of elliot wave and harmonic pattern trading. I love them and Ive gained a mastery of how to recognize and trade a viable zigzag correction pattern.



I traded this pattern on December 2014, though I didnt share the analysis here. I exited with 720 pips risking 340pips. 

 


My projection for this dip was at 1.3250. I determined to wait and see what price will do. I was not just expecting a dip to 1.3250 but in a motive wave--- a 5-wave impulsive move or an ending diagonal.



On April, 2015, an ending diagonal pattern was formed, a textbook one. The pattern completed at 1.3660, 420pips away from the projected 1.3250.

 

 

 

 


The pattern was so clear and I jumped at it after confirming with my entry parameters . I bought at 1.3965 and price moved a bit up.


Price moved up and down slowly in a typical diagonal end-of-formation move.

 

I posted an update here with an analysis titled Euraud at critical wave zones and I discussed how to profit from the diagonal effect. 

 

It was a good one. I was very happy when I got calls from readers of this blog and some facebook friends I shared with. 


Euraud has gone to 1.5 from there giving me 850 pips after risking 350pips. 


What a profitable patterns. I have seen many diagonals forming and traded a handful of them. 

 

They are not perfect, no system/methodology is, but are among the very high probability trades with good risk/reward ratio.


How I recognise diagonals will be explained in details in my coming 6-weeks mentorship course.


You can book a spot


Interested? Call or sms +2348134820569 or mail forexmaster05@yahoo.com


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Key Support and Resistance levels - forex day trading signals

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Key Support and Resistance levels ~ forex day trading signals


Monthly and Daily Support/ Resistance


Monthly and Daily SR zones



double top, doji, chart analysis
Daily Support Resistance


monthly euro chart analysis
Monthly Support Resistance



On the daily chart we see the importance of the key level at 1.2456 (monthly low of March 2009-purple line).

euro vs us dollar chart analysis
1 hour Daily Support Resistance


butterfly sell pattern, chart analysis, sma
5 min Support Resistance



The Euro consolidated at the hourly 20 SMA in yesterdays late US session and resumed its up trend in the Asian session. The Euro moved up to the 100 % fib extension (5 min chart). From there, the Euro fell back into the price range of the prior consolidation and the Euro formed a kind of Butterfly pattern on the 5 min chart. Market moved to the 127 % fib extension (target of the butterfly: 127 or 161), which coincided with the 20 SMA on the 4 -hour chart before the Euro bounced back and moved below the low of the butterfly pattern (reversal pattern).


The 5 min chart also shows that the breakout above the recent high at 1.2524 did not get confirmed and market cleared the stops and limit orders above the recent high before the Euro reversed.

The prior consolidation pattern, the pivot point and the 61.80 % fib retracement terminated the retracement up to 1.2515 and market resumed its down trend. However, the Euro found strong support at the monthly low (March 2009) at 1.2456 as well as the daily S1 and weekly S1 and the 5 min breakout candle of yesterdays low (stop fishing-first test) did not get confirmed. The Euro moved up and found some resistance at the hourly 10 and 20 SMA (green circle on hourly chart).

The Euro resumed its downtrend, formed a bear flag and breached the monthly support initially with the beginning of the new 4-hour candle at 4 p.m. after the prior 4-hour candle already touched (respected) the monthly support. However, The Euro could not confirm a break below the monthly support on the 5 min chart and market bounced back from the daily low of June 12th (pink line) and the 100 % fib extension (hourly, 5 min chart).

The Euro moved up from the support level and formed a bull flag on the 5 min chart at about 4:30 p.m.. Furthermore, the hourly candle closing at 5 p.m. shows a strong rejection (pin bar) after the unconfirmed breach of the monthly support level. After the close of the hourly candle at 5 p.m. (confirmation of the strong pin bar) market initially moved up further from the small bull flag and cleared the stops above 1.25 level. The Euro found some resistance above the recent high (stop clearing target reached, 200 SMA on the 5 min chart).


Consolidation price zones (particularly the middle of this zone) very often provide some support/resistance at least for a temporary small bounce when price reaches this price zone again particularly for the first time (however, if one candle closes in the zone (respecting of the level) then the next might move through the consolidation price zone without a bounce (strong trend)). This price behaviour is visible in most of the circled consolidations on the 5 min chart for example the Euro found support at around 10 p.m. GMT, which is likely to be a consequence of the consolidation price zone at around 4 p.m. yesterday. Similarly, the consolidation in the late US session yesterday is likely to be the reason for todays support at this price level.The small consolidation at about 1.30 at the monthly support might not be a good example due to the Timing setup (4.p.m. and the strong tendency of the market to clear stops below highs/lows).



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EURUSD Market Pivot Point On April 28 (updated) - new science of forex trading reviews

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EURUSD Market Pivot Point On April 28 (updated) ~ new science of forex trading reviews


HotForex Broker Promotion
EURUSD market Pivot Point results On April 28, 2015. This results was generated by using our HotForex tools. And this tool has been generated from the Floor Pivot points , Woodie Pivot Points, Camarilla Pivot Points, Demarks Pivot Points.

For other Currency market pivot points, please to use our tool here : Forex Pivot Point Tool Gerenator. I Hope it will be useful for you. Thanks for visiting my blog. Good luck in your trading Forex. Regard, Tom Berlino.






Auto generate pivot point tool for currency market of EURUSD.

EURUSD TRADING MARKET PIVOT POINT

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SURE SHOT SIGNAL RESULT USD JPY 143 GREEN PIPS … TARGET ACHIEVED - forex trading tutorial in malayalam

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SURE SHOT SIGNAL RESULT USD JPY 143 GREEN PIPS … TARGET ACHIEVED ~ forex trading tutorial in malayalam


SURE SHOT SIGNAL RESULT: USD/JPY 143 GREEN PIPS …..TARGET ACHIEVED

Signal:

 

Result:
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Technical Pattern Gartley - forex buy and sell trading signals set and forget

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Technical Pattern Gartley ~ forex buy and sell trading signals set and forget


EURO /USD Chart Reading


Trading the Gartley pattern



The Euro found support at the 100 % Fibonacci Extension Cluster/ Gartley pattern projection yesterday and moved up from the target of the Gartley Pattern to the daily 10 SMA. From there, market moved lower with strong bearish momentum and created a new daily low.

On the 4 hour chart the EUR/USD continued its downward trend with the beginning of the new 4-hour candle at 12 a.m. after the previous candle closed at the 10 and 20 SMA Support level (Breakout Timing).
 The Euro found support at the daily S2 after clearing the stops below the important low of September the 10th (thick orange line). However, so far market did not close below this daily support (see hourly chart).



Gartley Chart pattern
Gartley Techncial Chart pattern


Euro Technical Chart Analysis
4 hour Euro 100 % Fibonacci Extension

Euro Dollar Technical Chart Analysis
1 hour Euro Dollar Technical Chart Analysis



Technical Chart Analysis of the day before

The Gartley chart pattern


played out well. Currently, the EUR/USD is holding at the Fibonacci Support zone, which consists of the two 100 % Fibonacci Extension levels. Furthermore, this support zone coincides with the Daily S1 and the consolidation price zone of the prior consolidation pattern on the left side of the Euro US Dollar Chart. We also had a nice Doji Candlestick chart pattern on the EUR USD.
The red circles on the daily Euro chart mark some Breakout Timing Strategy, whereby market closed at the support level with a bearish candlestick (20 SMA and daily support level) and breached support with the new daily candle.




Gartley pattern
Gartley Chart Pattern, Doji, Breakout Trading Strategy

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Wednesday 30 March 2016

Flag patterns - honest forex trading signals

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Flag patterns ~ honest forex trading signals


Bull and Bear Flags


Trading the Flag patterns



eur/usd techncial chart analysis
Daily Euro US Dollar Forex Market Update
At the daily chart we had a small consolidation last week (circled) at the 1.2931 support level created by the daily low from January 25 and the gap from January 23.

eur/usd techncial chart analysis
4 hour Euro US Dollar Forex Market Updates
Oh the 4 hour chart we see that the daily support and the 61.80 % fib extension from the A-B wave moved to the C wave at 1.2928 held the market last week (no confirmed break of the the support). However, price also could not bounce back so that the bear flag got triggered due to this weeks gap down. In the following, price held at the 61.80 % fib extension from wave C-D moved to point E at 1.2884 in the Asian session today.

Bear flag trading pattern
1 hour Bear flag trading pattern


As seen on the 1 hour chart, the 100 % fib extension of wave a-b moved to point c at about 1.2882 strengthened this support area. Market consolidated there but could not bounce back so that  the following bear flag was created, and price broke down in the European session to the 1.2825 support level created by Weekly S1, Monthly S2 + the 100 % fib extension at point a (or point E on 4 hour chart) at 1.2825 and the most recent fib extension of wave c-d moved to point e at 1.2819. Market seems now to consolidate at this support level.


Note:

Bear/Bull flags show that the market is unable to bounce back from the support/ resistance level and erode these levels over time till the market stops consolidating and continues the trend (level can not be held any more after accumulation/ distribution is over).

In a strong trend the bull/ bear flags can repeat over and over till a rejection of the breakout occurs (price moves back into the consolidation) or the the bull/ bear flag fails (breakout of the consolidation is to the other side. Then, a turn around or larger consolidation could follow



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A new look at Cadchf - day trading forex live reviews

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A new look at Cadchf ~ day trading forex live reviews


Before I start,please take time to read my last post on this pair (click here).


Price broke the triangle I talked about and went back immediately giving me no real chance of buying.


The congestion is not looking over yet as we have price moving up and down to form a larger triangle.


As price adds up to itself, we ask ourselves, are we still in line?. Being able to follow price and allowing it to connect with us is very important. Thats why I chose elliot waves analysis as my primary tool.


With what price came up with of recent, it shows clearly that the first corrective wave ( wave 2) of wave 5 of the impulsive moves ( in blue) is about to be completed as a triangle corrective pattern. 

If this is anything to go by, we expect the price to break the upper line of the triangle for an explosive move upside. I will wait for a chance to buy at the break to target 0.8810.





Conversely, if price breaks the triangle downwards, what we will be having is a complex correction or temporary change in trend which requires more studies and patience.


Either way, price determines where it goes and we just have to understand him and follow. We should see a real action next week.


Connect with me on whatsapp: 2348134820569

Facebook: Sanmi Adeagbo

Twitter: @Forexelyte

BB Pin: 7FF79963

Let me also add you to my mailing list to alert you of my new post...                                                  E-mail: forexmaster05@yahoo.com


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Eurusd In A Bearish Net - forex trading signals websites

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Eurusd In A Bearish Net ~ forex trading signals websites



The chart above was how we counted the elliot wave of eurusd.

 It has been noted that the bullish move from March 2015 is a correction as against the expected impulsive bullish move. 

 

A double zigzag deep correction is expected.



After some time, this is what we have.

 

 






The effect of the diagonal could take price to 1.113 or 1.105 before the bullish move could continue.


Our bias in the short term is bullish to 1.175 and the long term is bearish.


If price breaks below 1.1045, the short term bullish bias will be fading as we will be looking bearish all the way.


Updates will be posted here.



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I AM GOING TO ATTEND iFX EXPO Asia (updated) - forex trading technical analysis tutorial

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I AM GOING TO ATTEND iFX EXPO Asia (updated) ~ forex trading technical analysis tutorial


I AM GOING TO ATTEND iFX EXPO Asia 2016 ON COMING JAN 26 - 28AT Hong Kong Convention & Exhibition Centre

So Im Available in RENAISSANCE HARBOUR VIEW HOTEL Hong kong from 27th to 30th, If anyone want a Appointment, Please message me.. Website: http://www.ifxexpo.com/


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Still holding Gold trade in my live account profit 9450 traded by tamil - forex trading tutorial bangla pdf

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Still holding Gold trade in my live account profit 9450 traded by tamil ~ forex trading tutorial bangla pdf


Still holding Gold trade in my live account profit 9450$ traded by tamil

FOREX TRADING / FOREX TRAINING / FOREX ACCOUNT OPENING
FOREX ACCOUNT OPENING CONTACT US
Mail : infoqmanager@gmail.com Skype : qmanager.live
Phone : 0091 9003344190 and 0091 9600329983
Whatsup: +91-9487929983 and viber: +91-9600329983
Instagram: https://www.instagram.com/forextamil/
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GbpNzd Its As Simple As That - forex trading signals tutorial

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GbpNzd Its As Simple As That ~ forex trading signals tutorial


Look at the weekly chart of GbpNzd below, what can you see?.




The sell off from 3.7 to 1.75, a 19500 dip from 2000 to 2013. Is it a price movement in correction or motion (trend) ? Is the subsequent bullish move from 1.75 a correction of the bearish trend or continuation of the bullish trend?


All these questions can be answered by elliot wave theory.


Lets look at the following scenarios.


Lets consider the sell off as a bearish trend.




This is a very clear 5-wave decline and a rally followed immediately. According to elliot wave theory, a 5-wave  will be decline will be followed by a 3-wave advance. 

After the first rally, price is expected to retrace downward before advancing further to break the resistance trend line.


The chart below shows the second scenario

 

 

.

 

The sell off could be seen as a long term double zigzag correction. Wave W = Wave Y which is a common ratio in zigzag corrections. Price will validate this wave analysis by moving higher and break the 3.7198 resistance in a very long term. The time taken by price to recover the sell off should be about two-third of the sell off time. 


The two charts above are advocating for more bullish move; the first as a trend and the second as a correction.


What IF price, responds more to the strong resistance and falls further to break 1.7522 low?. Elliot wave has something for that in the chart below.

 



The long term decline is seen here as the completion of the first 3-waves of an expected 5-wave impulsive move. 

 

According to elliot wave, the 4th wave should not trade in the region of the 1st wave. The 4th wave is bouncing off that region, thereby making this count stand. 

 

The horizontal and diagonal resistance could be too strong to be broken upside. Price could continue to move downward in a new journey and the next target will be 1.6240 (0.618 x wave 1) or deeper, but should be above 1.2 region ( region at which wave 1= wave 5 ).

This wave count will be invalidated if price breaks above the resistance.


If price breaks below 1.62412, there is high tendency that the recent bullish move and the subsequent  bearish continuation are parts of the larger term wave 3.

Wave 3 is known to usually be the strongest, so this count will support that. Price must stay below the trend line.

 



Price is expected to dive to 1.37 which is a strong fibo-confluence zone. 


Price will, to a great degree of certainty, validate one of these forecasts. Are we to be confused by these forecasts. Capital NO.



This is an information in our hands. Elliot wave theory has helped us with varying ways of seeing possible price movement. 

Anyway price moves, we understand the language and adjust with confidence.


How do we profit from this? We simply look for the completion of elliot wave tradable patterns in the lower time frames that goes well with any of these analysis, set a profit and get out. 

We dont have to trade the forecasts, we simply trade the patterns.

Im already in a sell position from 2.3677 , targeting  2.3000 due to a pattern I recognized in the hourly charts.



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DO YOU WANT TO LEARN HOW TO SPOT HIGH PROBABILITY TRADES?

DO YOU WANT TO LEARN HOW TO KNOW WHEN TO CLOSE YOUR POSITION BEFORE PRICE GETS AGAINST YOU?

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Dewa Scalper Forex System - spoutnik forex trading system.zip

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Dewa Scalper Forex System ~ spoutnik forex trading system.zip




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Tuesday 29 March 2016

Jim Rogers goes for Gold Sugar Chinese RMB and Russian ETFs - forex vertigo trading system

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Jim Rogers goes for Gold Sugar Chinese RMB and Russian ETFs ~ forex vertigo trading system


Jim Rogers, touted as a legendary commodities investor, is an investor and author based in Singapore. In his recent interview on FOX Business, Rogers outlined several investment opportunities:
  1. Gold, if it goes below US$1000 per ounce
  2. Sugar as a commodity, and Sugar companies
  3. Chinese RMB
  4. Russian Exchange-traded Funds (ETFs)


Source: Jim Rogers: If Gold Dips Below 1K, Ill Buy

In another video, Rogers talks about the artificial stimulus package introduced in the United States, and believes that America will "default (on its debts) one way or the other". When that happens, he believes that the Dollar will lose its place as the World currency.

Source: Jim Rogers Discusses Gold, Housing and China

  • Jim Rogers: heres why the commodities supercycle is not over (marketsanity.com)
  • Jim Rogers Calls Frontier Markets The Next Big Thing? (etfdailynews.com)
  • Jim Rogers: Developing World: Some Doing Well, Some Doing Hopeless (silveristhenew.com)
  • Jim Rogers: Economic slowdown coming by 2016 at the latest (marketsanity.com)
  • JIM ROGERS - When the FED stops PRINTING FIAT CURRENCY the COLLAPSE will be here. PREPARE NOW (disclose.tv)
  • Jim Rogers: An even worse catastrophe is coming (glblgeopolitics.wordpress.com)
  • Jim Rogers Calls For A Gold Price Drop To $900 (etfdailynews.com)
  • Jim Rogers: China: Opportunities To Come (silveristhenew.com)
  • Jim Rogers Warns US Stock Investors Be Careful ... Youre In A Fools Paradise (infiniteunknown.net)

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Monday 28 March 2016

5 min Forex Trade Trading System - forex trading signals review

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5 min Forex Trade Trading System ~ forex trading signals review





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ARITHMETIC TRADING LIVE ACCOUNT PROFIT RESULT 1801 USD - punjab forex trading reviews

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ARITHMETIC TRADING LIVE ACCOUNT PROFIT RESULT 1801 USD ~ punjab forex trading reviews


ARITHMETIC TRADING LIVE ACCOUNT PROFIT RESULT 1801 USD

No Strategy, No tools, No indicators, No EAs, No money management, NO psychology, No tricks, No trends, No Scalping, No positional, = Arithmetic trading
COPY TRADING IN ANY MT4 BROKERS MIN 100k USD
"DONT ASK ME ACCOUNT PASSWORDS" IN ONLINE....MEET ME DIRECT AND SEE THE RESULTS IN FRONT OF ME




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Usdcad Analysis for (updated) - online forex trading course reviews

,

Usdcad Analysis for (updated) ~ online forex trading course reviews



I have the pleasure of going a long way with this currency pair, not just because the last analysis I posted on my blog was on Usdcad, but because I have a view of its past and present movement  ; and the analytical and forecasting tool for the future. From July 2014 when I started the journey, I have made predictions with excellent precision.

Usdcad broke out of a horizontal channel. Few could explain one reason or the other for the recent bullish move, yours sincerely is among the lucky few. The last post on Usdcad on 23rdDecember 2014 can attest to that. In the post, I also stated a possible bearish return from 1.1715-1.1800. Presently I am in a bullish position with 100pips profit risking just 40pips.

With my recent analysis which I will soon share with you, I expect a return soon, but at some forecasted Price Reversal Zones

You will need an-above-average knowledge of Elliot wave theory and Fibonacci analysis to absorb all I will state below. If you need an e-book on Elliot wave and fibonacci analysis, you can mail me at forexmaster05@yahoo.comor fix a mentorship program with me and I will use all necessary tools to simplify the studies for you.

OK. Let’s get started.

Going by the long term, weekly chart I can say between January 2002 and November 2007 ( a period of almost 6years), price moved in a way that would have interested many core Elliot wave analysts around the world. Price moved in five non-overlaping waves, what we refer to as an Impulsive move which was bearish. There are a few things that are even more interesting about this move.

·         The fifth wave of the Primary Impulsive move was extended and not surprisingly, the fifth wave of the extended wave 5 was also extended.

·         One would expect a fast move to the region of the wave 4 of the primary impusive wave. Price did just that

After the completion of the Impulsive wave with all the internal wave structures well formed, price rallied to 50% retracement of the 6-years Impulsive move to 1.3050      ( March 2009) in 2 years and 4 months. The completion of an impulsive move must be followed by a corrective pattern which was not known as of the time.

Presently after another 5 years 10 months from March 2009, price has moved up and down in a wavy pattern.

 

 

The bullish correction to 1.3050 in 2009 is labeled as the ‘A’ corrective leg of a projected ‘ABC’ zigzag corrective pattern which was followed by a bearish move , labeled ‘B’ leg of the formative correction ( more that 78.6% correction of A) which ended in July 2011 and followed by an impulsive five wave move which I have been discussing since the second half of last year.

 In the long term, this current impulsive move from 2011 is probably part of the ‘C’ leg of the projected zigzag corrective pattern. The ‘C’ leg should take us to 1.35xx and 1.46xx in the years to come, probably a period of 3-4 years. In the nearer term, what is expected is the completion of the fifth wave of the first 5-wave drive of ‘C’. This completion could take us to 1.06xx before the long term bullish move resumes.

That is where we were coming from and with the eyes of forecasting, we can see where we could be in the coming years. This will help us to prepare further for the task ahead. We will also adjust and re-analyse as price move further. 

It’s a projection, it’s what could happen. While admitting the fact that we should only trade what is happening only but the importance of knowing what could happen can’t be ignored. We can see the present from the the past and use the two to forecast the future while we wait for it.

Zooming down to lower time frame, 4 hour chart, what we could see is a five wave impulsive move beautifully positioned in a channel. With the fifth wave heading to the roof of the channel, we can only wait for a reversal which is imminent.



The fifth wave of the 4 hour Impulsive move can be seen clearly on the 1hour time frame; which is expectedly and clearly an impulsive move also. Bearishness is imminent.

 

What is my target zones of reversal? Fibonacci tools will be of great help. With about 20 Fibonacci projections of price from various important swing points, I have come with two zones.

1.       1.1830- 1.1850 reversal zones are the most probable given the fact that they fall within a strong horizontal ( resistance ) and diagonal ( trendlines )  resistive zones.

·         1.1830 is the 100% Price Projection of wave 1 from wave 4 of the hourly chart

·         1.1850 is the 61.8% Price Projection of waves 1 to 3 from 4 of the hourly chart

·         1.1850 is the 78.6% Price projection of wave 1 to 3 from 4 of the 4 hour chart

2.       1.1890-1.1920 reversal zone is the next if the first reversal zone is penetrated. This is less probable than the first reversal zone considering the fact that it’s above the strong resistive zone. But price can still get there after a brief penetration above the resistive zone followed by an immediate return below it.

A bearish reversal candlestick pattern on the daily or weekly chart, a divergence or any other reversal signal will be enough to start a bearish journey if price gets to any of these zones.

Profit targets could be at 1.15xx, 1.12xx ,1.11xx depending on the entry and risk management.

I see dollar weakening against the Canadian Dollar in the first half of 2015 as I expect a bearish move targeting 1.06xx.

These are probabilities and one is expected to follow price as it unveils more information. How fast things can change by events and economic happenings. Having a knowledge of what price is doing and could do, will serve as a barometer and analytical compass for Us.

I update my blog regularly, you see my old posts and download free e-books on Elliot wave  and Fibonacci analysis .

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