DOWNLOAD FREE FOREX WORLD - how to use forex trading signals

DOWNLOAD FREE FOREX WORLD ~ how to use forex trading signals

• YOU CAN FREELY DOWNLOAD AND SURF 500 (+) FOREX STRATEGIES  
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AudNzd A Technical Combination! - paid forex trading signals

AudNzd A Technical Combination! ~ paid forex trading signals

In the last update on Audnzd I used different technical analysis, headed by the elliot wave theory, to forecast a probable upward move.

There was a condition for a bullish opportunity.

Price could trace down a bit before rallying to break the upper trendline upside. This will be a trading opportunity to buy this pair with a good risk/reward ratio.

There could be a trading opportunity to ride wave C to 1.2175

Read the full analysis

After some days, price fulfilled the condition perfectly and hence, a bullish opportunity. Price broke out of the trendline with a a good bullish candle and a fast rally followed to the next resistance.

It should be noted that the terminative pattern shown above is an ending diagonal which, according to elliot wave theory, occurs at wave 5 of an impulse or wave C of a corrective pattern.

The long term bias is still bullish but a dip could happen in a few coming days before the bullish journey continues and here are the reasons

1. The breakout move from the ending diagonal is expected to be a motive 5-wave. Price chart below shows that wave (1) of this 5-wave is probably completed (at a resistance level) and price could dip (wave 2) before the big move.

2. There is a bearish candlestick pattern on the daily chart which indicates a possible weakness of the intra day bullish trend.

We have closed a large portion of our bullish position as we await the dip for more opportunity upside.

Check here for updates regularly.





You can also subscribe to our free or premium signal service by sending your e-mail address and phone number with the title "Signals" to forexmaster05@yahoo.com

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Gold Expected Rally An Alternative View - forex trading signals online

Gold Expected Rally An Alternative View ~ forex trading signals online

On 21st December, 2015, we posted a forecast on an expected Gold rally. We quoted thus:

Gold might still fall in the future to $671.11 after an expected rally to $1450-1500 price levels

 This view was supported as a result of a clear 5-wave impulse wave from $1920.50 which was expected to be supported above $1000; and was labelled as a clear 5-wave.
We posted this chart.

The 5th wave is an ending diagonal pattern formation . It can be seen in the daily chart below as we have posted in the analysis.

Read the full analysis here.

Price is expected to rally and if it breaks the demand trendline of the diagonal, it will be expected to soar to $1399 and above.

Price will be expected to rally, if the diagonal is completed, in a motive wave.

Meanwhile, we have an alternative view.
Can price rally a bit and then dip further below $1040?... Yes it is possible.

The chart below shows a clue.

It can be seen from the chart above that the first four waves of the diagonal are typical 3-waves corrections. The 5th wave can form the same pattern- rally in corrective waves and fall to be contained by $1000.

The chart above is the hourly chart which shows the first leg of a probable 3-wave 5th leg of the diagonal. A rally up and then a dip down will be expected if the rally is corrective.

The first four waves of a diagonal are usually 3-wave drives, the 5th wave could either be motive or corrective.

Price itself will prove which of these scenarios will hold.

Our subscribers are already in a buy position since december and we are watching closely to see how price reacts if a bit of rally will happen or a total breakaway.

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To join the next elliot wave mentorship programme, coming up on 25th February 2016, send a mail to Forexmaster05@yahoo.com

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GbpJpy To Continue Downward - plain forex trading signals

GbpJpy To Continue Downward ~ plain forex trading signals

The fast fall in the GbpJpy had been forecast after a very powerful reversal pattern showed up- I call the pattern the pregnant diagonal i.e a diagonal pattern ending a larger degree diagonal pattern. You can read the forecast  GBPJPY

And then read how price react later after the pattern completed GBPJPY

The fall was fast just as expected knowing that a diagonal is often followed by a fast counter move to its starting point.


The short is still expected to continue as price is probably in the second wave ( a probable double zigzag corrective pattern) of a probable third wave of the bearish new move.

If price is contained below 185 and breaks below the trend line shown in the chart below, a short opportunity might present itself as price could break below 180.2 on a journey to 174.6 ( the starting point of the larger diagonal)

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AudJpy May Continue Downside - top forex trading signals provider

AudJpy May Continue Downside ~ top forex trading signals provider

We have been watching the long term historical activities of this pair for some time now but waiting for the right moment to follow the bearish trend move.

The move from 55.23 (in year 2000) to 108.275 ( in year 2007) was a clear 5-wave impulse (as illustrated in the chart below).

After such a move, one would expect a 3-wave correction (according to elliot wave theory). The corrections, though varying and complex in nature, are easy to spot.

The good thing about trading the elliot wave theory is that short term opportunities can be spotted within a large time frame and still following all the rules and guidelines of the wave theory. One can forecast a long term market move and trade clear patterns in the direction of the trend.

From 108.275 to 54.91 wave w ( a 3-wave decline) and back to wave x at 105.4 (a 3-wave rally), one can anticipate a double zigzag decline in labelled (W,X,Y in blue) which could end at 55 price level or below.

How can we take advantage of this forecast?, we can go to a lower time frame and read wave theory and price activities using combinations of technical tools.

The decline from 103.46 has completed the first leg of a double zigzag pattern and now correcting to 91.2 region. We expect price to be contained below 91.27 below the falling trendline. There is so much fibonacci ratios converging in that region. We expect it to be strong enough to keep the correction exhausted.

If there is a short opportunity below 91.27, a good ride could happen as we follow price decline further to 71.86

Lets alert you of any trading opportunity we spot.
You can send your E-mail address to Forexmaster05@yahoo.com for high probability forex signals. 

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Intraday Analysis Cable to continue the bearish move - free forex trading signals in india

Intraday Analysis Cable to continue the bearish move ~ free forex trading signals in india

Cable is expected to continue the downtrend which is projected to halt at 1.1740.
Price is about completing the 4th wave of the intra day trend and we may see further dip especially if price is contained below 1.4150 resistance.



If price is contained beneath the zone (1.41-1.415) and breaks below 1.404, we may see price dip to 1.372 which is the next projected support level.

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