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Here is an interesting example of how the combination of analysis tools can prove to be very profitable. A rally into the OTE short zone was expected. Couple that rally with a move of our Willy21 momentum indicator into the 'stupid overbought' zone and a moving average cross and a triple top and we had a nice shorting opportunity. If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : & follow me on Twitter @CRInvestor

Distribution here, looking for lower continuation.

Update: Copper has been under heavy pressure recenrtly, managed to to break the ascending support for the latest bullish correctional structure, i am expecting a quick and initial move towards 2.985. Earlier Analysis (https://www.tradingview.com/v/2hbylllo/ ): Major long term bearish head and shoulders has a target around 1.5. Note: what i don't like about this pattern, is that it doesn't follow well the relativity concept, i mean the pattern is more than 50 percent bigger than the prior trend, in terms of amplitude and time. https://twitter.com/thefxchannel www.thefxchannel.com

We had a 5 wave rally with a failed wave 5. I still like more upside in this pair. Will buy the next low as long as we stay above 1.0490.

Major bearish action on Friday's session closing, as price retreats sharply forming a major long legged doji at 94.07 previous swing high in addition to the 1.271 extension level, i am looking for a bearish correction this week as volatility remains highs https://twitter.com/thefxchannel www.thefxchannel.com

After working the way strongly higher above 87.37 main high and resistance level, the pair retreated and failed to close above that Resistance, forming a pin bar. We might see sideways fluctuations and bearish correction below 87.37 next week, for a possible retest of 85.65 broken resistance level. A break above that resistance is required now to signal more upside.. https://twitter.com/thefxchannel www.thefxchannel.com

NEUTRAL to SHORT From my last published chart of Bitcoin on Mgox suggested potential flat 3-3-5 correction in the position of wave (iv) of larger wave 3. You can refer to that chart here (along with Youtube video explaining what typical 3-3-5 flat correction is) https://www.tradingview.com/v/pO8XEiEy/ I cautiously suggested minimum downside target of 400, but pointed out that even 250 or lower would not surprise me and still would conform to wave (iv) correction in larger up trend. This is when price was still in 1000 area having bounced from low in 500 zone. Many argued with me that with low at 500 satisfied ABC correction and now that we are in new up trend. I tried to explain why that view would not be correct since the drop to 500 did not exhibit 5 wave internal in the 2nd leg down. Further the bounce did not exhibit new impulsive 5 wave up. I noted that both the drop and subsequent bounce to 100 area only had 3 swing down and 3 swings up. Hence, my expectation of 3-3-5 flat. Without labouring, the final leg down appear to have exhibited very impulsive leg down and could well have form 5 waves down, but the following the event of MGox no more data is available, hence the final minor wave is incomplete. BitStamp do not have the back history, however, I am carrying over the wave count from MGox to BitStamp and consider that since the High at 1160 we are in wave (iv) of 3. It amazes me that some with rudimentary Elliottewave (EW) knowledge continue to argue about the wave labels since that 1160 high and every drop they can count 5 waves. I do not consider myself an authority but do have reasonable good grasp of the basic concept of the EW. I an struggling to place clear 5 wave counts on any of the major legs since that high. BitStamp appears to be developing a triangle (as suppose to 3-3-5 flat in the case of MGox). This type of triangle often forms in position of wave iv. They have 5 swings labelled as a-b-c-d-e as show in my chart and each leg could have 3 swings each making it 3-3-3-3-3 triangle. If this interpretation is correct we are in finale leg down being my preferred count which also has nice pitchfork suggesting further downside potential. The Alternate is shown in turquoise with leg (d) as high as 865 - 870 zone before dropping for the final leg to low around 400 zone or little higher. One reason adding further weight to this still being in congestion and not a new Impulsive move up is that so far the bounce from 25th Feb low has not exhibited impulsive 5 wave type of move to the upside. Watching 5 min, 15 min and such time frame often looks very exiting but sadly do not dictate the larger time frame no matter how many divergences are noted. So, till I have evidence to the contrary, we are the wave (iv) Triangle correction since the 30th November 2013 high and are likely to retest the low around 400.

After a nice turn higher BTC-E currently is consolidating very near our significant pivot of 632. A resolution of this level either way should produce a trade-able move but it isn't here just yet. Considering too Willy's rather negative ema cross here, I recon we are going to have to take some time and clean things up. If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 & follow me on Twitter @CRInvestor

After a nice bounce off a key trend line (on strong momentum and volume) we rallied to the top of the current trend channel and are now consolidating. Should we fail here in earnest the current OTE long sweet spot just so happens to be right at a bear ab=cd price target. Momentum and volume are suspect here so i for one shall be hesitant to get too bullish until we see some sort of resolution. If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 & follow me on Twitter @CRInvestor

U.S. indices underestimate Ukrainian crisis. Crimea will remain Russian. What will be the response the U.S. and allies? No matter what will be. It is already too late. http://thepatternsite.com/abw.html http://www.bloomberg.com/news/2014-03-07/russia-hears-goodbye-america-with-putin-opening-paralympics.html http://www.youtube.com/watch?v=bgBm6Qz1yc8

AUDCAD facing TLs resitance..200 SMA 61.8 fib

SHORT AUD THE MONTHLY DOWNWARD TREND LINE PLUS THE 144 169 EMA HOLD THE PRICE GOOD NFP ALSO LIMIT THE PRICE TO GO HIGHER THE RECENT RALLY MAYBE CAN BE SEEN AS THE CORRECTION C WAVE.

Lumber has been coiling in a B wave triangle for the last 3 months, but looks ready to resume it's ascent to the grey box. My prediction is 450-480 by the end of the year (October at the earliest).

I have moved a substantial amount of my Forex profits over the past 3 years into silver bullion. Nothing feels better. Why do you need so much in your account anyway? Let me let you in on a little secret: LEVERAGE. if you are trading with proper money management, you will ever only need 5% of your net risk capital into any one brokerage. if you are trading at 20:1 leverage that means you are in effect using your entire risk capital, without having any exposure. So what I have effectively done is converted CASH profits from speculative trades and moved them into an essentially risk free TRUE FORM of money (intrinsic value, not perception based like bitcoin and the FX). The reason I say it is risk free is because I bought at a great price. Silver may touch $15 but it will not be able to sustain those levels for more than 6 months without an extreme snap back to $20+. Eventually the cup and handle will play out. I'm a huge tech head and the fact that this market looks as beautifully technically as it does fundamentally just makes me an extreme bull. I hold 15% of my net worth into silver from average price $19.70 and best price $19.17. I will increase to 30% net worth at $15 and 50% net worth at $11 zone To the moon to the moon! Same with Aussies. Aussies will be on fire for the next few months at least. Bulls are back with a vengeance.

Friends, Things did not turn so well in Asia this weekend, if we consider lackluster results coming out of China. In Forex currencies, this should translate into bearish pressures over currencies whose economies are net export dependent relative to mainland China, namely AUD and NZD. Yet, looking at the AUDNZD cross, the question is quite clear: Which direction would this pair take, considering their tethered dependence on the broad Asian market? The answer to this question might come from their respective central banks. Recently, RBA Governor Glenn Stevens mentioned that his views on the present high currency rate remains unchanged from comments he had made back in December 2013, and now states that "$0.85 would be closer to the mark than $0.95". In contrast, RBNZ Governor Graeme Wheeler more than hinted at a rate hike, saying: ""It is becoming unnecessary to maintain the current degree of monetary stimulus" in late December 2013. In fact, more recently, he stated that "The Bank expects to start this adjustment soon." Could this hint be any more explicit? For the Forex pair, this would have the effect of a net BEARISH pressure, which really falls in line with the predictive analysis and forecasting we produced earlier - See the AUDNZD chart here: https://www.tradingview.com/v/pMU3TCeA/ Now, looking at the NZDUSD chart on its own, any cash rate increase from RBNZ is expected to push this pair up, and from a technical standpoint, one has now to wonder: To what heights? TECHNICALS: As of today (08 MAR 2014), our price-independent, fundamentally-ignorant predictive and forecasting system has favored a BULLISH upturn already, churning out the following targets: 1 - One moderate-probability target: "TG-1 = 0.85950 - 08 MAR 14" 2 - One low-probability target, TG-2 = 0.86656 - 08 MAR 14" and 3 - One distant TG-Hi = 0.94565 - 08 MAR 14, with a probability that remains quite low at this point. PATTERN ANALYSIS: The pattern trader might already recognize that the historical structure high offers a handle for a potential Butterfly as its Point-X, with 1.414 x XA lining up closely to our "TG-Hi = 0.94565 - 08 MAR 14" loftiest target. A dashed line from Point-A also suggests a median momental line, pacing a wounding price around it during its potential ascent. A lower target sits down at TG-Lo = 0.57337 representing a potential Janus Pattern, which would potential come to existence if and only if TG-Hi = 0.94565 - 08 MAR 14 got hit. So, we'll keep it ignored in grey for now, but for the record. OVERALL: (cont'd underneath chart as comment) David Alcindor TradingView.com Moderator, Alias: 4xForecaster Predictive Analysis & Market Forecasting PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor. ----------------------------------------------------- Get signals, analyses and forecasts on Twitter Alias: @4xForecaster ----------------------------------------------------- Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster

This week, the main Australia data is : Unemployment Rate and Employment Change on Wednesday. I repeat Australia data last week; - Building Permit : 34.6% - GDP :2.8% vs 2.5% forecast - Retail Sales :1.2% - Trade Balance : 1.433M Those positive data would impact on Employment Change . I think A/U would touch SMA200 : 0.9150 level