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  1. #11
    Specialist Member marvel's Avatar
    Thank you willyw for your regular updates on the major currency pairs. This information is very valuable and helpful to me before entering any trade I check this data to confirm that my analyzes is in agreement with the statistical data and information provided.

  2. #12
    Legendry Member willyw's Avatar
    Quote Originally Posted by marvel View Post
    Thank you willyw for your regular updates on the major currency pairs. This information is very valuable and helpful to me before entering any trade I check this data to confirm that my analyzes is in agreement with the statistical data and information provided.
    Hi Marvel, you are most welcome!!!!! I hope it help our members here.

  3. #13
    Legendry Member willyw's Avatar

    CHF/JPY DAILY as of Monday, 27 May, 2013 !!!

    Swiss Franc / Japanese Yen broke below the up trendline at 105.17,two days ago. This is a bearish sign. If trading Swiss Franc / Japanese Yen place a stop loss just above the up trendline, in case the breakout is premature.Prices having only declined 0.18% since the breakout, the validity of the breakout is questionable.
    A Daily black body has formed during last Friday’s trading session.
    Three Daily black candles has formed during the last three Daily bars. Although these candles were not big enough to create three Daily black crows, the steady downward pattern is bearish.
    SAR signal a Sell 2 days ago.
    The close is currently
    ABOVE its 200 daily moving average
    ABOVE its 50 daily moving average
    BELOW its 20 daily moving average
    The current market condition for Swiss Franc / Japanese Yen is Bullish
    On 24/05/2013, Swiss Franc / Japanese Yen closed above the lower Bollinger Band by 42.3%. Bollinger Bands are 59.52% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Swiss Franc / Japanese Yen's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 13 days. The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
    Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Swiss Franc / Japanese Yen. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
    The present wave patterns are:

    fast amplitude (8%): bullish wave 1
    moderate amplitude (13%): bullish wave 1
    Elliott Waves High Volatility has detected an Isolated Low at 104.04 one bar ago ; this is usually a bullish sign
    All wave counts are based on the high low price in this commentary!

    Swiss Franc / Japanese Yen is long term Bullish as the 144 days moving average of 98.71 is increasing. The Relative Strength Index is at 51.85 in the neutral territory. The Relative Momentum Index is at 61.14 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.58, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 13.20. This value is in the oversold territory.

    * Intra-Daily Trading Strategy: BUY CHF/JPY
    Buy Target: 105.8880
    Buy Stop: 104.0760
    Enter BUY on OPEN and exit BUY at Target price or at Stop price. Do not reverse.

    This is a recommendation for INTRA-DAY TRADING only!!!!!!
    Attached Thumbnails Attached Thumbnails chfjpy-candle-d.jpg   chfjpy-wave-d.jpg  

  4. #14
    Legendry Member willyw's Avatar

    EUR/USD DAILY as of Monday, 27 May, 2013 !!!

    Euro Dollar / US Dollar appears to be locked in a triangle formation bounded by a down trendline and an up trendline. A break out from the triangle will be directional for EUR/USD.
    Last Friday EUR/USD closes with a Daily white body. A Daily long upper shadow has formed. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).A Daily spinning top has formed (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
    MACD is currently BEARISH. After the MACD crossed below the signal line 12 days ago Euro Dollar / US Dollar's price has decreased 0.78%, and has fluctuate from a high of 1.318 to a low of 1.280 and SAR also signal a Sell 12 days ago.
    Directional Movement Indicators (DMI) signal a BUY 3 days ago.
    The close is currently
    BELOW its 200 daily moving average
    BELOW its 50 daily moving average
    BELOW its 20 daily moving average
    The current market condition for Euro Dollar / US Dollar is Very Bearish
    On 24/05/2013, Euro Dollar / US Dollar closed above the lower Bollinger Band by 34.4%. Bollinger Bands are 1.75% wider than normal.
    Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
    Elliott Waves High Volatility has detected a violation of the AlphOmega trendline. This could mean a reversal of the trend to bullish. This trendline is for normal (21%) amplitude, it would be wise to test other amplitudes. To see the trendline, insert the indicator AlphOmega Trendline and select your amplitude/sensitivity.
    The present wave patterns are:
    fast amplitude (8%): bullish wave 1
    moderate amplitude (13%): bullish wave 3
    Elliott Waves High Volatility has detected an Isolated Low at 1.28 one bar ago ; this is usually a bullish sign
    All wave counts are based on the high low price in this commentary!

    Euro Dollar / US Dollar is long term Bearish as the 144 days moving average of 1.30 is decreasing. The Relative Strength Index is at 46.60 in the neutral territory. The Relative Momentum Index is at 35.82 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.00, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 76.99. This value is in the overbought territory.

    * Intra-Daily Trading Strategy: SELL EUR/USD
    Sell Target: 1.2892
    Sell Stop: 1.3032
    Enter SELL on OPEN and exit SELL at Target price or at Stop price. Do not reverse.

    This a recommendation for INTRA-DAY TRADING only!!!!
    Attached Thumbnails Attached Thumbnails eur-candle-d.jpg   eur-wave-d.jpg  

  5. #15
    Legendry Member willyw's Avatar

    AUD/USD DAILY as of Wednesday, 29 May, 2013 !!!

    Australian Dollar / US Dollar, after breaking below the downside support level of 1.02, fifteen days ago which is a bearish sign. This previous support level of 1.02 may now provide upside resistance.
    A Daily black body was formed yesterday. For the past 10 Daily candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles and for the past 50 Daily candlestick bars, there are 23 white candles versus 26 black candles with a net of 3 black candles.
    A Daily Separating lines has formed during yesterday’s trading seesion. If the lines occur during an uptrend and the first line is black and the second is white (which is not the case with Australian Dollar / US Dollar) then this suggests that the uptrend should continue.
    If the separating lines occur during a downtrend(which appears to be the case with Australian Dollar / US Dollar) and the first line is white and the second is black (which is the case with Australian Dollar / US Dollar) then this suggests that the downtrend should continue.
    Prices has set a new 14-period low while the RSI has not. This is a BULLISH DIVERGENCE.
    The close is currently
    BELOW its 200 daily moving average
    BELOW its 50 daily moving average
    BELOW its 20 daily moving average
    The current market condition for Australian Dollar / US Dollar is Very Bearish
    On 28/05/2013, Australian Dollar / US Dollar closed above the lower Bollinger Band by 10.5%. Bollinger Bands are 206.72% wider than normal. The large width of the Bollinger Bands suggest high volatility as compared to Australian Dollar / US Dollar's normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The Bollinger bands have been in this wide range for 13 days. The probability of prices consolidating into a less volatile trading range increases the longer the Bollinger Bands remain in this wide range.
    The present wave patterns are:
    fast amplitude (8%): bullish wave 2
    moderate amplitude (13%): bullish wave 3

    Please note that all wave counts are based on the high low price in this commentary!

    Australian Dollar / US Dollar is long term Bearish as the 144 days moving average of 1.03 is decreasing. The Relative Strength Index is at 23.68 in the oversold territory. The Relative Momentum Index is at 8.74 in the oversold territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.03, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 65.74. This value is in the neutral territory.

    *** Intra-Daily Trading Strategy: BUY AUD/USD
    Buy Target: 0.9655
    Buy Stop: 0.9467
    Enter BUY on OPEN and exit BUY at Target price or at Stop price. Do not reverse.

    This only a recommendation for INTRA-DAY TRADING only!!!!!
    Attached Thumbnails Attached Thumbnails aud-candle-d.jpg   aud-wave-d.jpg  

  6. #16
    Legendry Member willyw's Avatar

    AUD/JPY DAILY as of Thursday, 30 May, 2013 !!!

    Australian Dollar / Japanese Yen broke below the up trendline at 99.34, four days ago which is a bearish sign. This up trendline, currently with an ending point at 99.41, may now provide upside resistance.
    A Daily black body has formed during yesterday’s trading session with 4 white candles and 6 black candles with a net of 2 black candles for the past 10 Daily candlestick bars . For the past 50 Daily candlestick bars there are 20 white candles and 30 black candles with a net of 10 black candles.
    A Daily engulfing bearish line has formed (where a black candle's real body completely contains the previous white candle's real body). The engulfing bearish pattern is bearish during an uptrend. It signifies that the momentum may be shifting from the bulls to the bears.
    If the engulfing bearish pattern occurs during a downtrend (which appears to be the case with Australian Dollar / Japanese Yen), it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body.
    Prices has set a new 14-day low while the RSI has not. This is a BULLISH DIVERGENCE but the daily Momentum Oscillator is in an oversold condition.
    On 29/05/2013, Australian Dollar / Japanese Yen closed below the lower Bollinger Band by 1.3%. This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. Bollinger Bands are 21.92% wider than normal.
    The current market condition for Australian Dollar / Japanese Yen is Mildly Bullish as the close is currently
    ABOVE its 200 daily moving average
    BELOW its 50 daily moving average
    BELOW its 20 daily moving average

    The present wave patterns are:
    fast amplitude (8%): bullish wave 2
    moderate amplitude (13%): bullish wave 3
    Elliott Waves High Volatility has detected an Isolated High at 99.02 one bar ago; this is usually a bearish sign

    Please note that all wave counts are based on the high low price in this commentary!

    Australian Dollar / Japanese Yen is long term Bullish as the 144 days moving average of 95.39 is increasing. The Relative Strength Index is at 34.14 in the neutral territory. The Relative Momentum Index is at 32.79 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -1.88, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 16.50. This value is in the oversold territory.

    *** Intra-Daily Trading Strategy: SELL AUDJPY
    Sell Target: 96.7987
    Sell Stop: 98.5683
    Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price. Do not reverse as Trending & Anti-Trending mode are being used by this system.

    This is a recommendation for INTRA-DAY TRADING only!!!!!
    Attached Thumbnails Attached Thumbnails audjpy-candle-d.jpg   jpy-candle-d.jpg  
    Last edited by willyw; 05-30-2013 at 03:33 AM.

  7. #17
    Legendry Member willyw's Avatar

    USD/JPY DAILY as of Thursday, 30 May, 2013 !!!

    Yesterday USD/JPY formed a Daily big black candle. This is a bearish candle as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trend line, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.
    For the past 10 Daily candlestick bars there are 4 white candles and 6 black candles with a net of 2 black candles and for the past 50 Daily candlestick bars there are 23 white candles and 27 black candles with a net of 4 black candles.
    A Daily dark cloud has formed (which indicates that prices moved up strongly on the previous bar, opened higher, but then closed significantly lower). This implies weakness as the momentum appears to be shifting from the bulls to the bears. Note that the lower the close of the black candle (relative to the white candle), the more bearish the dark cloud pattern.A Daily engulfing bearish line has formed (where a black candle's real body completely contains the previous white candle's real body). The engulfing bearish pattern is bearish during an uptrend (which appears to be the case with US Dollar / Japanese Yen). It signifies that the momentum may be shifting from the bulls to the bears.
    If the engulfing bearish pattern occurs during a downtrend, it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body.
    The MACD is currently BEARISH. The MACD is currently below the signal line as the MACD has crossed below the signal line 4 days ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 0.44%, and has fluctuate from a high of 102.582 to a low of 100.667 while RSI signal was a Sell 8 days ago. The RSI has just reached its lowest value in the last 14 days which is a BEARISH signal.
    SAR signal was a Sell 4 days ago.
    The close is currently
    ABOVE its 200 daily moving average
    ABOVE its 50 daily moving average
    BELOW its 20 daily moving average
    The current market condition for US Dollar / Japanese Yen is Bullish
    On 29/05/2013, US Dollar / Japanese Yen closed above the lower Bollinger Band by 44.8%. Bollinger Bands are 46.15% wider than normal. The large width of the Bollinger Bands suggest high volatility as compared to US Dollar / Japanese Yen's normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The Bollinger bands have remain in this wide range for 13 days. The probability of prices consolidating into a less volatile trading range increases the longer the Bollinger Bands remain in this wide range.
    The present wave patterns are:
    fast amplitude (8%): bullish wave C
    moderate amplitude (13%): bullish wave 1
    normal amplitude (21%): bullish wave 1
    Please note that all wave counts are based on the high low price in this commentary!

    US Dollar / Japanese Yen is long term Bullish as the 144 days moving average of 93.15 is increasing. The Relative Strength Index is at 51.38 in the neutral territory. The Relative Momentum Index is at 66.96 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 1.49, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 11.52. This value is in the oversold territory.

    *** Intra-Daily Trading Strategy: SELL USDJPY
    Sell Target: 100.2443
    Sell Stop: 103.1317
    Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price. Do not reverse as Trending & Anti-Trending mode are being used by this system.

    This is a recommendation for INTRA-DAY TRADING only!!!!!
    Attached Thumbnails Attached Thumbnails jpy-candle-d.jpg  

  8. #18
    Legendry Member willyw's Avatar

    AUD/USD WEEKLY as of Monday, 03 June, 2013 !!!

    Australian Dollar / US Dollar broke below the downside support level of 0.97, two weeks ago which is a bearish sign. This previous support level of 0.97 may now provide upside resistance. Prices having only declined 1.67% since the breakout, the validity of the breakout is questionable.
    A Weekly black body has formed during last week’s trading.Three Weekly black candles has formed during the last three Weekly bars. Although these candles were not big enough to create three Weekly black crows, the steady downward pattern is bearish.
    Having reached a Weekly top 7 weeks ago at 1.0581, prices are currently moving downwards. TARGET 1: 1.0283 (Moderate Retracement)
    TARGET 2: 1.0099 (Extension)
    TARGET 3: 0.9801 (Extension)
    TARGET 4: 0.9617 (Expansion)
    TARGET 5: 0.9319 (Expansion)
    Projected Time: 4 weeks (Moderate Retracement)
    Projected Time: 6 weeks (Extension)
    Projected Time: 10 weeks (Extension)
    Projected Time: 12 weeks (Expansion)
    Projected Time: 16 weeks (Expansion)
    MACD is currently BEARISHas the MACD is currently below the signal line. The MACD crossed below the signal line 6 weeks ago. Since the MACD crossed the MACD moving average, Australian Dollar / US Dollar's price has decreased 6.87%, and has fluctuate from a high of 1.052 to a low of 0.953.
    RSI has just reached its lowest value in the last 14 weeks. This is BEARISH signal and the Momentum Oscillator is in an oversold condition.
    SAR signal was a Sell 4 weeks ago.
    The close is currently
    BELOW its 200 weekly moving average
    BELOW its 50 weekly moving average
    BELOW its 20 weekly moving average
    The current market condition for Australian Dollar / US Dollar is Very Bearish
    On 31/05/2013, Australian Dollar / US Dollar closed below the lower Bollinger Band by 11.7%. This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. Bollinger Bands are 6.30% wider than normal.
    The present wave patterns are:
    fast amplitude (8%): bearish wave 1
    moderate amplitude (13%): bullish wave 3
    Wave 3 of moderate (13%) amplitude may become the smallest wave in this impulse pattern. If price moves in the direction of the trend beyond 1.24 then we must consider that this impulse pattern is flawed. Elliott considers that a wave 3 may never be the smallest between waves 1,3 and 5. A possibility is that wave 3 is still ongoing and when completed, will follow a correction that will bring
    Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bearish pattern! It should be used with other indicators.

    Please note that all wave counts are based on the high low price in this commentary!

    Australian Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.00 is increasing. The Relative Strength Index is at 25.32 in the oversold territory. The Relative Momentum Index is at 25.80 in the oversold territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.04, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 0.00. This value is in the oversold territory.

    *** Intra-Daily Trading Strategy: SELL AUDUSD
    Sell Target: 0.9519
    Sell Stop: 0.9726
    Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price. Do not reverse after exiting as Trending & Anti-Trending mode are being used by this system.

    This is a recommendation for INTRA-DAY TRADING only!!!!!
    Attached Thumbnails Attached Thumbnails aud-candle-w.jpg   aud-wave-w.jpg  
    Last edited by willyw; 06-03-2013 at 09:49 AM.

  9. #19
    Legendry Member willyw's Avatar

    EUR/AUD WEEKLY as of Monday, 03 June, 2013 !!!

    Euro Dollar / Australian Dollar broke above the upside resistance level of 1.23, nine weeks ago which signals a bullish sign. This previous resistance level of 1.23 may now provide downside support. Prices have risen some distance since breaking out--9.29%, thereby adding more validity to the breakout.
    A Weekly white body has formed during last week’s trading. Three Weekly white candles has formed during the last three Weekly bars. Although these candles were not big enough to create three Weekly white soldiers, the steady upward pattern is bullish.
    Having reach a Weekly bottom 8 weeks ago at 1.2219, prices are currently moving upwards
    TARGET 1: 1.2733 (Moderate Retracement)
    TARGET 2: 1.3050 (Extension)
    TARGET 3: 1.3564 (Extension)
    TARGET 4: 1.388 (Expansion)
    TARGET 5: 1.4395 (Expansion)
    Projected Time: 6 weeks (Moderate Retracement)
    Projected Time: 10 6 weeks (Extension)
    Projected Time: 16 6 weeks (Extension)
    Projected Time: 20 6 weeks (Expansion)
    Projected Time: 26 6 weeks (Expansion)
    MACD is currently BULLISH and the MACD is above the signal line. The MACD crossed above the signal line 3 weeks ago. Since the MACD crossed the MACD moving average, Euro Dollar / Australian Dollar's price has increased 4.49%, and has fluctuate from a high of 1.359 to a low of 1.274.
    RSI has just reached its highest value in the last 14 weeks which signals a BULLISH signal.
    SAR signal was a Buy 3 weeks ago.
    The close is currently
    BELOW its 200 weekly moving average
    ABOVE its 50 weekly moving average
    ABOVE its 20 weekly moving average
    The current market condition for Euro Dollar / Australian Dollar is Mildly Bearish
    On 31/05/2013, Euro Dollar / Australian Dollar closed above the upper Bollinger Band by 10.4%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 3.81% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
    The present wave patterns are:
    fast amplitude (8%): bullish wave 1
    Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bullish pattern!

    Please note that all wave counts are based on the high low price in this commentary!

    Euro Dollar / Australian Dollar is long term Bearish as the 144 days moving average of 1.33 is decreasing. The Relative Strength Index is at 71.90 in the overbought territory. The Relative Momentum Index is at 67.36 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.05, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 100.00. This value is in the overbought territory.

    *** Intra-Daily Trading Strategy: BUY EURAUD
    Buy Target: 1.3619
    Buy Stop: 1.3436
    Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price. Do not reverse after exiting as Trending & Anti-Trending mode are being used by this system.

    This is a recommendation for INTRA-DAY TRADING only!!!!!

    Click image for larger version. 

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    Last edited by willyw; 06-03-2013 at 09:35 AM.

  10. #20
    Legendry Member willyw's Avatar

    EUR/USD DAILY as of Wednesday, 05 June, 2013 !!!

    Euro Dollar / US Dollar broke above the down trendline at 1.31, 2 days ago and this is a bullish sign. This down trendline, currently with an ending point at 1.31, may now provide downside support.
    A Daily white body has formed yesterday. And a Daily spinning top has formed (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
    The MACD is BULLISH. The MACD is currently above the signal line. Since MACD moved above the signal line 4 days ago, Euro Dollar / US Dollar's price has increased 0.35%, and has fluctuate from a high of 1.309 to a low of 1.293.
    RSI has just reached its highest value in the last 14 days. This is BULLISH signal and also the Directional Movement Indicators (DMI) and SAR signal a BUY 5 days ago.
    The close is currently
    ABOVE its 200 daily moving average
    ABOVE its 50 daily moving average
    ABOVE its 20 daily moving average
    The current market condition for Euro Dollar / US Dollar is Very Bullish
    On 04/06/2013, Euro Dollar / US Dollar closed below the upper Bollinger Band by 13.2%. Bollinger Bands are 19.59% narrower than normal.

    Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
    The present wave patterns are:
    fast amplitude (8%): bullish wave 1
    moderate amplitude (13%): bullish wave 3
    Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bullish pattern!

    Please note that all wave counts are based on the high low price in this commentary!

    Euro Dollar / US Dollar is long term Bearish as the 144 days moving average of 1.30 is decreasing. The Relative Strength Index is at 57.30 in the neutral territory. The Relative Momentum Index is at 55.46 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.00, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 94.16. This value is in the overbought territory.


    *** Intra-Daily Trading Strategy: SELL EURUSD
    Sell Target: 1.3062
    Sell Stop: 1.3114
    Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price. Do not reverse after exiting as Trending & Anti-Trending mode are being used by this system.

    This is a recommendation for INTRA-DAY TRADING only!!!!!
    Attached Thumbnails Attached Thumbnails eur-candle-d.jpg  

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