USDJPY: Selling JPY following bad forecast on JPY. Buying USD. JPY Machine Order is forecasted bad.
USOIL: End of Downtrend? Trendline broken. Buying USOIL at cheapest price.
AUDCAD: Selling following good forecast on CAD. SL is ATR.
EURNZD: AO crossed zero. MA going bull. Fibonacci retrecement at 76.4%. Buying above SR level. SL is ATR
EURUSD: Buy at previous AO change. SL is ATR.
EURCAD: AO crossed zero. Expecting to go bullish. SL is ATR. Confluence with 61.8% fibonacci
Our expectation for today is for short positions against sterling. No news expected. Waiting for price action. Past 15 candles on 1 hour time frame looks like correction. ABCD model is full acc.
Idea is based on Elliott wave theory. More info on the chart. Please make sure to check out my previous linked idea to get the bigger picture. good luck
Monthly and weekly time frames both look Bullish. Earnings coming out. If good-this could go parabolic.and then consolidate like 2013 June If bad- weekly support at 93xx and 88xx - Hard monthly support is around 82xx n 71 xx I'm sorry for the xx- but I don't know how to enable the number system that would automatically make numbers automatically appear when...
Great opportunity to take some dollars in hot Sextilis month.
This strategy uses 4 primary indicators with an optional 5th indicator. It is meant for 4h and higher timeframes such as 6h and 1D. Not back tested for shorter timeframes. Arrows and trendlines mark entry/exit examples. - Parabolic SAR - Williams %R or Stochastic Oscillator (14,3,3); both are the same exact line. - Williams Awesome Oscillator - Williams...
I replaced the MACD with the awesome oscillator.
Recently broke out above the ultimate-ma, finished a retest of the moving average, the awesome oscillator shows bullish divergence crossing over 0, t3-cci is green, gann swing is green, lots of facts say the chart is going up here. The recent price action is a small double bottom pattern forming, perhaps a measured move and more later.
1. Moving Average showing the upside-limit to bulls atm. Reminds me a bit of April 2014, but see point 3 RSI. A break with bigger volume could be considered as a legit buysignal. Could take us easily back above $ 500-550. 2. Volume was large during the sell-off and the following bounce. At least we can read from it, that we reached a key-level with strong...
Nice bearish WW pattern combined with a possible double-top, Target @ next support, Divergence on the AO, Risk: 0,5% Reward: 6,5% R/R ratio: 13