Mocean

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Dare to Fail....Live to Succeed
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDUSD 50% | 2 GBPAUD 25% | 1 GBPUSD 25% | 1
Mocean Mocean AUDUSD, M, Long ,
AUDUSD: AUD/USD Update
39 3 1
AUDUSD, M Long
AUD/USD Update

Following the recent rejection of 0.82 and break of previous low 0.80869 I returned to this chart. Levels of Support now fall to 0.80646 (May-2010 Low) and 0.80224 (Equal Distance Apr-13 High)

Mocean Mocean GBPUSD, M, Short ,
GBPUSD: GBP/USD Monthly Flagpole? Extension = Parity (1.000)
173 0 1
GBPUSD, M Short
GBP/USD Monthly Flagpole? Extension = Parity (1.000)

I'm posting this not as my prediction but rather to foster debate from the wider audience as to the merits of this TA? Forex Live posted an interesting piece on seasonal FX cycles - where history shows Jan is Bearish for Cable. http://www.forexlive.com/blog/2014/12/26/january-seasonal-trades-2-that-sinking-feeling-for-sterling/ I recently started researching ...

Mocean Mocean AUDUSD, W, Long ,
AUDUSD: AUD/USD Price Action Analysis
200 0 4
AUDUSD, W Long
AUD/USD Price Action Analysis

Equal Leg down completes current Bearish Trend opening up for a Retracement back to red zone indicated, where once again PA will indicate the Retracement is complete and look for another Equal Leg down. Note - PA in the indicated red Zone will dictate where the next leg down will start from - thereby indicating where it will complete.

Mocean Mocean GBPAUD, D, Short ,
GBPAUD: GBP/AUD Fundamental + Tech Analysis
335 0 4
GBPAUD, D Short
GBP/AUD Fundamental + Tech Analysis

GBP/AUD - Daily MACD is finally turning after the recent big rally, suggest the fight is on for the last Candle of 2014 to set a Tech level for 2015. Daily TF multiple Doji and the last a Bullish Engulfing (but could be discounted for the day before Christmas in low liquidity). So pulling out to the weekly we see a Doji indicating equal power between Bulls/Bears ...

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