HamedAghajani

HamedAghajani Updated 

Reasons: 1- Top of channel 2-Completion of Harmonic pattern 3- divergence in Momentum indicator 4- Previous Resistance

HamedAghajani Updated 

Price is still engulfed by the daily price bar of 10/03/2016. The RSI momentum is above its 9 and 45 DMA. SL below 1.438 TP-1 at falling trend-line TP-2 at rising trend-line.

HamedAghajani

The pair is in a down trend. An ABC correction could well finish at the top of falling trend-line at about 129.80 A 0.786 fib extension of previous leg will also finish at 129.85. Please share you thought, possibly with a chart.

HamedAghajani

Since the release of previous idea, linked below, on 11 April 2015, S&P50 0 has not been able to break across and close above the higher trend line, where at a time I put a question mark, and now seems to be heading to complete its natural cycle. I expect a few weeks of consolidation, IF the index manages to close below the lower trend-line, before resuming its...

HamedAghajani

This trade idea combines Wolfe Wave principles with EWP and Momentum indicator divergence and offers a high probability reversal zone, with great risk to rewards; Three profit target areas are introduced; take the trade based on your due diligence; Comments are welcomed, as ever; Kind regards, Hamed

HamedAghajani

A note on an ongoing trade Going to exit part of the trade which entered at the shown arrow, by completion of the Cypher pattern. Will enter long again after a 0.382-0.618 dip from 0.7405 The pattern has some interesting structure. i) XA leg a complete 5-wave corrective wave ii) B point is about 50% retracement of XA Leg iii) BC leg is an exact 1.414...

HamedAghajani

The highlighted ellipse is cluster of following three; 1- Completion of Gartley 2- AB=CD pattern 3- Downward upper trend line (minor) Hence 1.463 may be a level you should be watching closely if you are long this pair; I expect a decent pull-pack at this level, though. Please let me know your thoughts, Best regards, Hamed Newcastle upon Tyne 03/Jun/2015 Wed h22:35 BST

HamedAghajani

Hi Traders. I tried to summarize the conditions that should met for a harmonic pattern to be valid. I have did so for most of the patterns which I know, except for Shark, 5-0 and Three drive pattern. Hope this help some of you; Any Question? Please ask under this thread. Kind regards, Hamed Aghajani Newcastle-upon Tyne, United Kingdom 02/06/2015 11:05 BST

HamedAghajani

The Wolfe wave (www.wolfewave.com) should complete between 1.414-1.618 extension of the 1-2 wave. Upon its achievement, a high probability pull back to point-4 and 1-4 line is expected.

HamedAghajani

"1. Perspective. The interpretation of any indicator should not be based on short-term trading patterns; the longer term implications should always be considered. 2. Objectivity. A conclusion should not be drawn on the basis of one or two reliable or favorite indicators. The possibility that these indicators could give misleading signals demonstrate the need...

HamedAghajani

FUNDAMENTAL: Today, Groupon’s business is growing like gangbusters. Groupon is truly a global enterprise. It has well beyond 10,000 global employees, operates in over 1,000 cities, and reaches more than 53 million customers. (goo.gl) And this reach and rate of expansion would not have been possible without Groupon’s commitment to delivering a seamless user...

HamedAghajani

CLUSTER OF FIBONACCI RESISTANCES 1) 0.618 Retracement of the bearish leg at 97.70 2) 1.618 retracement of the 1-2 leg of WW at 97.45 3)1.618 retracement of the 3-4 leg at 97. 43 Hence worth watching the price carefully.

HamedAghajani

Based on expected rally in JPY across the board, I chose GBP, as I expect to resume its weakness after a short emotional gain after UK general election.

HamedAghajani

The trend line follows the lows in corrections in the late 1990s bubble through the tops in early 2000 and late 2007. Looks like we already hit that trend line peak on April 27 at 2,126. But even that isn’t the most interesting point here. The tops in early 2000, late 2007, and late April 2015… are exactly 392 trading weeks apart. Source: dentresearch.s3.amazonaws.com

HamedAghajani

Confluence of Resistance Trend-line (dashed light blue) and the 1.618 extension of the previous down leg meet,about 18970 . A 20% stop loss has been suggested, targeting the previous unprecedented Quantitative Easing, at about 6500. The market is expected to bottom at between 2020-2023. The final target could be 3500 or the lower trend-line of the...

HamedAghajani

HISTORY: Southern Copper Corporation ("SCCO/NYSE") is one of the largest integrated copper producers in the world. They produce copper, molybdenum, zinc and silver. All of their mining, smelting and refining facilities are located in Peru and Mexico and they conduct exploration activities in those countries and in Argentina, Chile and Ecuador. Their operations...

HamedAghajani

HISTORY: VITAMIN SHOPPE INC 9NYSE:VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition and other health and wellness products. They market over 900 nationally recognized brands as well as their own brands, which include Vitamin Shoppe®, BodyTech®, True Athlete®, Mytrition®,...

HamedAghajani

FUNDAMENTAL: Today, Groupon’s business is growing like gangbusters. Groupon is truly a global enterprise. It has well beyond 10,000 global employees, operates in over 1,000 cities, and reaches more than 53 million customers. (goo.gl) And this reach and rate of expansion would not have been possible without Groupon’s commitment to delivering a seamless user...