Monday, August 27, 2007

Trend Prediction for UCHF

SELL advice

This is a very negative signal! Three consecutive wave degrees show a clear NEGATIVE trend, as well as a negative
EASI, which indicates that the target has not yet been reached.
Check if the wave degrees are the time frames you trade.

Active traders could still profit from the upcoming small price move
From Minuette to Micro Wave degrees the trends are all DOWN. Most likely the target of the Micro wave degree, which is in wave 3, will be reached at 1.1899 or percentagewise 0.9371%.
Normally also the target of the next wave degree could be reached at 1.1820, which is in wave 3.

Thursday, February 15, 2007

EUR/USD 150207

Thursday 15.02.2007

EUR/USD

Long at 1.3138
Stoploss 1.3108
Target point 1.3178

Disclaimer:
Trade at your own risk

Tuesday, February 13, 2007

Tuesday 13.02.2007

EUR/USD

Long at 1.2960
Stoploss 1.2930
Target point 1.3010

Disclaimer:
Trade at your own risk

Friday, December 15, 2006

Signal for EUR/USD

Friday 12.15.2006

EUR/USD

Short at 1.3170
Stoploss 1.3200
Target point 1.3100

Disclaimer:
Trade at your own risk

Friday, August 18, 2006

GBP/USD turned bearish

Hi everyone,

The GBP/USD has turned bearish. The day chart shows that the double top has been formed and therefore the price movement may break the 1.8830 support. The one-hour chart also shows the three moving average lines pointing downward indicating that the main trend is most likely to be bearish.

Get ready also to see bearish on EURO/USD soon.This suddenly changing trend will probably also bring bullish trend to USD/CHF and USD/JPY.I would expect today will not much movement until next week we can see the exact movement/trend.

Have a nice trading day

Wednesday, August 16, 2006

EU & GU Uptrend Confirm


Ok hello to all sorry for not posting here since last 5 days.

Yesterday and today was my great trading day as i managed to grab 60 pips on UCHF worth USD73.02.Also together with this post i will note down my expected direction for EU & GU.My chart at this time was confirming that Eu & GU in a strong uptrend direction as it clearly signal me at m30 n H1 chart.

Current quote EU bid/ask 1.2859/1.2861
Current quote GU bid/ask 1.9000/1.9004

I'm expecting this trend will keep up until tomorrow or maybe drag to friday.Also to share with all of you is please noted that EU & GU is mirror pair to UCHF & UJ.What i means by mirror?

Ok if EU & GU in uptrend then UCHF & Uj will go reverse both pair.So hope this will help u as a guidance to open any position.

till now see ya later

Friday, August 11, 2006

BOJ Paused the Rate

BOJ released the result about 2 hours earlier than expected and they paused the rate at 0.25%.Until this moment or writing UJ pairs is rallying up to the north.Its now try so hard for R3 116.11 to break.Breaking of this next resistance will headed UJ more to the north area.

current quotes bid 116.08 ask 116.11

BOJ Interest Rate Statement

Forecast : 0.25%
Previous : 0.25%
Release Time : 1am EST

Definition

The Bank of Japan (BOJ) Interest Rate Statement is released shortly after a meeting in which the BOJ Monetary Policy Committee, headed by Toshihiko Fukui, makes a decision on where to set short-term interest rates. The BOJ focuses heavily on inflation, as their stated mission is to achieve price stability. They generally raises rates to fight rising inflation, and lower rates in the face of deflation or economic slowdown.

Review

This super tsunami news seems to give big impact on Japan economy.BOJ does not specify an exact time of the statement. It is usually around the listed time but can vary.Hikes the interest rate will gave country good economic and inflation control but if BOJ decide to pause or not increase the interest we might be will see UJ going up all the way.i dont want to give any suggestion here but please standby while news released so you can plan how to react with the news.

EUR/USD 8th & 9th August 2006

Wednesday 9th August 2006

EUR/USD daily report

The dollar recovered some of its recent losses on yesterday due the FOMC market reaction. During the high volatile hour following the news release, the Euro advanced towards the 1.29 area piercing the resistance at 1.2870 failing to establish a breakout then declined and orbited around 1.2830, a minor support established before the news release. Overall, it's been a mixed reaction to the news even though the dollar extended its gains by the end of the day. It seems that the Euro is on a recovery process at the time of this writing, advancing North by 55 pips already since the Asian session open. We will see later if this is a full recovery or a short term retracement.
Resistance is now formed by 1.2830 followed by 1.2870 and 1.2900. Support is seen at 1.2800 backed by 1.2770 and 1.2745. A break of 1.2830 may encourage a later test of 1.2870, though it may be a good level for short entries in case of a reverse (being the 50 fib of the 1.2890-1.2770 recent move) but it looks too risky while the upside areas like 1.29 are still favored if looking on the daily charts. Current quote is 1.2823

Recommended trades:

Long in the 1.2820-30 area if 1.2830 won't hold, stop below 1.2800, objectives at and above 1.2870.



Tuesday 8th August 2006

EUR/USD daily report

After establishing fresh highs on Friday by testing the 1.29 resistance level on the NFP release, the Euro declined on yesterday and resumed the decline during today's asian session testing bids into the 1.2810 area. Lookin on the daily charts we notice that the upside is still favored and while the market holds above the mid 1.27 we expect new tests of 1.29 in order to exit the range and resume the upward move towards 1.3. Support is seen at 1.2800 backed by 1.2770 and 1.2745. Resistance starts at 1.2830 followed by 1.2870 and 1.2900. Large moves are possible today due FOMC policy announcement in the US later. Current quote is 1.2822.

Recommended trades:

Long in the 1.2790 area, stop/reverse below 1.2760, objectives at 1.2870. Secondary objectives may aim above 1.29 in case of a 1.2870 break.