This has been a tricky pair and formed the basis of my obsession. Using Heiken Ashi Candles and Trendline Break method (Mouteki) and charting across H4, D1, W1 I 'expect' price to drop down first to 1.62419 region (H4 target) and bounce back up to 1.68715 (D1 Target) after which we can expect to see a drop to 1.45658 level. To take a short, the best idea would be...
Aussie has been doing somewhat better against most pairs. GBPAUD looks like dropping, probably to do with the inflation (which probably might come out less than expected).
EURUSD looks to be dropping again, with target of 1.268.
Experimenting with the Mouteki method along with Heiken Ashi Candles
Another example trade to test the efficiency of the modified mouteki trading method.
Another example of the MM method. I am already short CVX using Wolfe Waves, but MM further helps to validate the trade idea.
CADCHF Trade idea based on the modified Mouteki Method. Details here: bit.ly
A modified version of the well known Mouteki Trading system. More details here: bit.ly
Maybe i'm right, maybe i'm wrong. But placing a pending order, with a tight stop and a good risk/reward ratio doesn't hurt. But again, its one's choice. So here goes.. Shorting around 1.55/1.56 with targets set to 1.464/1.441. You do the math. August will be interesting.... and even more, watch for economic indicators pointing to improved economic data in the...
Saving this chart so I can look back on this at a later stage.
This trade idea is published using Wolfe Waves, but i've introduced a new concept of using rectangles to measure price and time. Accordingly, I see that GOOG should be on a downtrend, with possible est. price between $829.41 and $819.25. This bottom co-incides with July 18th, when Google is expected to annouce its earnings. The analysis shows that price is likely...
Common sense dictates not to trade Wolfe Waves until Point 4 is formed. I've been trading with WW for quite a while and CVX presents a great opportunity to 'guess'timate how price is likely to move. So far, we have Points 1, 2, 3. Currently, we are in the process of Point 4 being established. Price should ideally reverse around $124.44 After which, we expect...
Been watching this stock for a while and there are signs that a drop to $800 region is imminent. The same conviction is confirmed by Wolfe Waves, with possible ETA around 2nd August, 2013.
GS's Earnings Announcement is due July 16. EPS consensus at $2.83 with last actual at $1.78. There is a Gap down that hasn't been filled. So likely price will cover this gap and then drop.
Trade idea based on Wolfe Waves on the Weekly/Daily Charts. The three trades is basically trades with three target levels. When T1 reaches TP1, T2, T3 should be moved to BE When T2 reaches TP2, T3 should be moved to 1.04365, ensuring a risk free trade for the final leg of the trade This is a Long Term trade... and if it succeds could potentially make you pocket...
BofA, JP Morgan and Morgan Stanley Trade positions. The rectangles denote the actual supply/demand. Notice how it pretty much falls in line with institutional positiong??
Yet another analysis based on TL's and Fibs. This is my second analysis on FSLR. The previous one was based off weekly charts, which showed the price was due for a correction. It will be interesting to see if price will indeed hit the target level.