From last few weeks, we can see AUD is gradually falling as well as Pound is gaining strength agains AUD. As for that, this pair is continuously in a trend which is taking it high and high..
Following the trend will be a very good idea to trade this pair.
There is also a ABCD pattern completing around 1.98. So, I guess we may see some retrace around that...
In the grand scheme of things it looks as though a shift is ready to take place. It has taken me some time to realize that shift but it is finally here. Take look at the GBPEUR to the left. Notice how its price moves are converse to that of WTI, EURUSD, and XLE.
The yellow circles you see are areas where similar behavior is forming. In the GBPEUR the opposite...
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I recorded this video this morning but then I had a suprising career changing opportunity (I got a chance to pitch my self to TDAmeritrae :) And that's why I am uploading this video late in the night. It's 2:00 am right now. I hope you enjoy the video and learn something new.
Bearish Crab.
Parabolic Sar getting closer to reversal.
RSI is in overbought territory.
Stop Loss - 1.90964
Short Entry - 1.90556
Target 1 - 1.87811 (6.8 to 1)
Target 2 - 1.86145 (11 to 1)
I got Bullish Fibs and bullish MedianLine on $GBPJPY, EW? Well I think there is a simple 5 waves correction. The pair tested 176 support area. It is good enough reason for GBPJPY to go North. Medium Resistant will be 180 area. But I am expecting for near 190 area.
I don't find any good sign for GBPUSD to go for bullish, but Likely USDJPY will continue the Bulls...
Euro will probably continue its falling trend, especially due to the recent QE that ECB announced. So my targets are presented in the chart. Take a look also at the weekly timeframe to understand it better.
First profit target should be at previous key resistance. Hopefully, we can catch a bigger uptrend with the remaining position.
Trendline starts from mid-October if you look the daily chart!
Hi Trades,
Keep watching this channel on the daily, if we can break and CLOSE above the channel, can be a massive breakout.
Good Luck!
Thiago Duarte
thiago@duarteinvestmentgroup.com
@thiagotrader
Hi traders,
GBPUSD still in a boring support zone which started on the 8th of January. 1.5200 is resistance and 1.5050 is support. PLEASE; dont buy at the top of this range or sell on the bottom, wait for the break or buy at the bottom or sell at the top so your risk will be smaller.
I am long right now from 1.5080, SL right now is at positive at 5085...
Please watch this explanatory video : www.youtube.com
In this little educational video you will know my rules for trading the Cypher pattern in a simple and clear way. Then, I will show you two live pending Cyphers on GBPJPY, hourly time frame.
Notice that I didn't go over the targets and stops in this video; I will cover them in a later video.
I will see how...
Fundamentals
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Friends,
Watch for a possible M15 level bounce to levels defined by predictive/forecasting model as:
1 - TG-1 - 181.397 - 08 JAN 2015
2 - TG-2 - 182.263 - 08 JAN 2015
3 - TG-Hi - 183.026 - 08 JAN 2015
4 - TG-x - 183.651 - 08 JAN 2015
A fifth target is defined as:
TG-Lo - 180.019 - 08 JAN 2015
This TG-Lo would in fact act as a possible springboard IF...
Traders,
As you may recall, a few days ago, I posted a DAILY chart of the USDollar index, in which the model defined a top-most target ("TG-x") at 11474 - See this chart and analysis here: .
While price did hit that target and has since weaved a near-symmetrical consolidation pattern around this forecast level, I thought it prudent to look at that level with...
