I believe that we've got a short on AJ, we could possibly see prices heading towards the 82.000 Region/81.000. ALSO! Possibly +200 pips towards the downside.
Logging the second week of my little experiment. I think this week things are slowing down -.-
Could not help but see how similar Wyckoff's Distribution schematic #3 looks compared to the DXY, what ought to come next is a blood bath in the form of markdowns. If so then this would cause an Increase in most xxx/USD pairs & a fall in most USD/XXX pairs. I am interested to see what you guys think about this.
GBPUSD, 240, Fibonacci & Bollinger Bands & MavilimW. Analysis
Another follow up analysis of Bitcoin! Price is moving perfectly with our previous Bitcoin analysis! In our previous analysis, we predicted the bearish flag was about to happen, then we predicted support levels where the buy could take place! So we have perfectly predicted Bitcoin's movement! Now we've perfectly gaged the down move, I have zoomed out to the daily...
GBPJPY is our vehicle of choice for playing (the reaction to) the UK CPI data today. We expect a decent number which may not be totally discounted by the market.
DXY remains in the broader uptrend, supported by 92.50s. However, the performance has been mixed since our last update. Ahead of FOMC, the Dollar seems poised for an upwards breakout but we do need to wait for FOMC before stepping in.
Last post: June 11th. See chart . Review: Price had pulled back to resistance forming a potential double top. Update: Price has bounced off resistance suggesting weakness but the double top is still to be confirmed. Conclusion: Continuing to stand aside and manage short positions until the pivot low of May is cleared. Compounds will then be added. Any...
GBPJPY 240 Trend- Rising Channel Chart- Fibonacci Analysis
FED DAY WEDNESDAY 06/13/2018. Hello everybody, here are the levels for trading on Wednesday, Tuesday was a good day for us, not because we made money, but because we learned a good lesson. We had one trade in which we moved our stop to BE too early, not following our rules because we were using a different computer to trade, and we didn't use our automated BE...
i have 2 trading scenarios here for CHF/JPY PAIR For both sell setups
Looking at oil and it looks like price may be forming a continuation pattern.
Last post: June Ninth. See chart . Review: Price had pulled back to pivot support where we wanted to see strength. Update: Price is showing signs of strength with 2 potential bullish bars in a row. Conclusion: Continuing to stand aside until the pivot high of May is cleared before adding further long trades. Any comments or questions, do not hesitate to...
This is a follow on analysis from my previous ETH/USD analysis, which is going perfectly to plan! Well done to everyone following me, we have been predicting Ethereum's every move perfectly and avoiding any losses! Let's analyze ETH/USD and use simple facts to make this analysis. Ethereum is moving perfectly in accordance to our previous analysis. We are nearing...
Goodmorning all, For today: 1) Price broke above the TSE range, unfortunately missing the buy setups on the lower TFs such as 1m and 5m. Price is now showing some weakness at the top. 2) Price is above all 3 Moving Averages as well as POC, however I do expect price to come back down for a retest which is why I am biased towards short setups 3) Major resistance...
After the key resistance held, GBP has broken back below it's retracement trendline and is headed lower. However, with key Employment Data later, and the Brexit Bill vote to be held between today and tomorrow, expect the Pound to remain volatile.
After Turkey's central bank to raise interest rates, I think this will continue to decline as the impact on the pair. but I think that this decline is not permanent. election shall be held in Turkey on June 24. I estimate that the price of the dollar will be 4.40 Turkish liras until this date. IT IS NOT A INVESTMENT ADVICE !!!
This is a follow on analysis from my previous ETH/USD analysis, which went perfectly to plan (See related ideas below for more information) When analyzing ETH/USD on the 8 hour chart, it is clear price hit side-wards resistance, and has broken down since. It was clear we would have downwards movement from this zone. Price is trading lower, and could retest...