Gold Pauses and Moves SidewaysGold traded down 3.6 points on Thursday and while it was a down candle, the bull move is still supported by a green Heikin-Ashi candle. It would also be unusual for price to not move past the inner Bollinger Band. As you can see on the Heikin-Ashi version of the chart, the uptrend still appears to be strong;
The weekly chart below shows a possible transition to a bull market. This weeks candle is the second green one in a row (unless there's a big sell-off tomorrow) and is a strong move above the 21 week moving average. And while the haDelta indicator is still red, you can see the delta moving average poking above the 0 line, a strong harbinger that the downward trend may be ending.
Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Delta
Natural Gas Moves SidewaysNatural Gas today stayed range bound, unable to break the 3.087 price. That price is also at the middle Bollinger Band. Support for the day is provided by the 7 day moving average, the purple crosses on the chart. There are some signs that price wants to go higher. The Heikin Ashi Delta indicator is blue, signaling an upward move. And usually you would expect a touch of the outer Bollinger Band, currently at 3.16. However, if price can't move up in the next couple of days, then I would expect another downward leg.
For now, I am flat and remain neutral.
Disclaimer: This post is for educational purposes only. Please trade at your own risk.
Gold Extends Rally into 6th DayOn Wednesday, Gold continued to climb higher, extending its rally for a 6th straight day. On today's chart, I've put back my triple Bollinger Band setup so we can get a better idea on what price is doing. We are currently at the inner Band, which is set to 1.0 Standard Deviation from the 21 day moving average. It looks pretty certain that gold wants to move to the upper Band to complete, what I call a 'Coast to Coast' trade.
The Heikin-Ashi Delta indicator at the bottom also shows that the current trend is continuing to be bullish.
Disclaimer: This post is for educational purposed only. Please trade at your own risk.
Gold Continues to RiseGold closed higher today, up 12.3 points. In the first big push above the 21 day moving average, gold had started the day back under the 21 day moving average but didn't fall as far as the 6 day moving average before springing back up. The next target is up at 1269 where the upper Bollinger Band and the 200 day moving average are waiting.
USDCAD - Weekly Forecast!Hello Traders!
The weekly forecasts prepared at the personal request of the Trader - AdeOluseun!
Dear traders, we ask you to be careful with USDCAD currency pair, as the market is currently highly overbought on daily chart and we see by means of EWA/EWP, Volume, Cluster&Delta, Market Profile analysis, that major market participants lose interest in the growth of USDCAD. But if the price decline to the Last Friday's support 1.43628, you can (with the little money) carefully buy with the hedging target 1.45014.
We thank you for the positive feedback of our market analysis!
Best refards, Powerful Traders.
S&P500 - MONTHLY FORECASTHello Traders!
The very interesting situation in the S&P500 index (ES). Suppose, that the market can take a form of Horizontal Triangle (EWA/EWP HT 3-3-3-3-3) So, we will try to buy near 1-st Strong Buyer's Support and take long position at the price 1871.00 (863 843 lots). The price target - 2089.00, our hedging risk T/P - 2035.00, S/L - 1870.00 (Of course S/L 1870.00 it's the approximately price, the accurate enter to the market, will produce by the detailed EWA/EWP on 1 minute chart, using Market Profile, Volume, Footprint, Depth of Market&Order Flow analysis) If you want to see the video of our trading, be active! Subscribe and vote for us!
Sincerely yours, Powerful Traders.
6S (USDCHF mirror) - JANUARY INTRADAY FORECAST!Hello Traders!
Happy New Year!
We would like to present, intraday forecast - 6S (USDCHF mirror) on january 2016y, as an additional EWA, confirming 6E (eurusd) intraday forecast, within the correlation method of analysis. Besides, take a look at forming model of B.Wolfe's waves.
Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume , Fibonacci.
Suppose that this week (close to wednesday), the price gradually rises to strong resistance 1.00180, next we will see the creation process of cumulative delta and then expected bearish impulse! All the important prices you can see on a chart. (please pay your attention to the double variations of EWA/EWP)
We wish you all the best in New Year!
Sincerely your's Powerful Traders!
6E (eurusd) - JANUARY INTRADAY FORECAST!Hello!
Happy New Year!
We would like to present, intraday forecast - 6E (eurusd) on january 2016y.
Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume, Fibonacci.
Suppose that this week (close to wednesday), the price gradually decreases to strong support 1.07580, next we will see the creation process of cumulative delta and then expected bulish impulse! All the important prices you can see on a chart. (please pay your attention to the three variations of EWA/EWP)
We wish you all the best in New Year!
Sincerely your's Powerful Traders!
S&P500 GLOBAL FORECAST!Hello Traders!
Suggest you, take a look at the index S&P500, starting from 4 march 1957 year to current day, in terms of the Elliotte Waves, Market Profile, Volume, Cluster&Delta analysis! We hope that our modest work, will help many traders in the World to find the way of truth in future market prices! (We are sure, that you can predict better, than this one)
Have a Nice Trades & Happy New Year!
Best regards, Powerful Traders!
GBPUSD (6B) - Intraday ForecastHello, Dear Traders!
There is a difficult situation! Despite the apparent formation, of prospective "Leading Diagonal Triangle", the situation remains uncertain and significant. At the moment the situation dominates the higher timeframes. We say very carefully, that the Wave theory, fundamental analysis, according to the Volume, Delta&Cluster, says descending tendetsii in any case, until a significant core of Buyers.
Merry Cristmas&Happy New Year!
We wIsh you, all the Best! ;)
Sincerely yours, Powerful Traders!
















