Possible
GBP/USD H4 - Waiting for possible long positionPrice is trying to start an uptrend.
On W1/D1 chart, the bullish crab pattern is complete and has presented a “pin bar” reversal bar, but no bullish divergence yet. Indecision continues. (See link below)
On H4 chart, the price is trapped in a range, pressuring top channel resistance, and looks like to decline even more and test support at 1.4100. Bullish anti B-Fly pattern projected; if it’s confirmed then target weekly resistance at 1.4346 up to 1.4400
EUR/USD H4 - Possible Long setup Price has formed a contracting triangle. A bullish alternative 5-0 emerges and the price could test support at 1.0788. It looks like a bullish divergence will occurs and if a reversal bar pattern show up, it could be a good idea to go long and target 78.6 – 88.6 fibo retracement.
EUR/USD H1 - Possible long setupA bullish anti B-fly emerge and reached PRZ box, bullish divergence is absent and I expect that the price re-enter to that PRZ box. This projected pattern overlap with the analysis on H4 chart (blue lines). If a bullish divergence + reversal bar pattern show up: good idea to enter long targeting 1.0920
See analysis on H4 chart for more info
USDJPY SWA" possible scenarioTrading plan on a current mid term situation.
Instructions on how to read labels on a graph:
The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period.
To get a deeper understanding of the approach, that can open a new doors for your trading, please contact.
Impulse move (impulse wave), or the move towards the presumed main trend direction (of a period researched), is indicated with “i” followed by the wave number
Each higher step/grade is marked “i” which stands for Impulse + apostrophe after the impulse wave number one for each step higher. e.g.: i1’ - 1st impulse wave 1 step higher, i1’' - 2 steps higher, i1’’’ - 3 steps higher
i1’’ i2’’ i3’’ 2 steps higher
i1’ i2’ i3’ 1 step higher
i1 i2 i3 trading period
‘i1 ‘i2 ‘i3 1 step lower
‘’i1 ‘’i2 ‘’i3 2 steps lower
Each lower step/grade is marked with apostrophe before the i - letter that stands for impulse wave. 'i - 1 step lower, ''i - 2 steps lower, '''i - 3 steps lower
Corrective move is marked with letters, where: a - 1st corrective wave, b - 2nd, etc…
Each higher step/grade is marked with a wave’s letter + apostrophe after the ; e.g.: ‘ - 1 step higher, ‘’- 2 steps, ‘’’ - 3 steps
a’' b’' c’' - 2 steps higher
a' b' c' - 1 step higher
a b c - trading period
‘a ‘b ’c -1 step lower
‘’a ‘’b ‘’c - 2 steps lower
Each lower step/grade marked with apostrophe before the lowercase letter; e.g.: ‘a - 1 step lower, ‘’a - 2 steps lower, ‘’’a - 3 steps lower
This is an author's simplified wave trading approach. It has been created for trading, and if you're interested to "catch a Wave" please feel free to contact.
All what you see at the charts, is a ready made SAW, so no explanations are added, so if you have any questions, just white a comment, and ask.
The bits of wave theories known , Volume analysis and classical technic analysis is used in the system, to get a simple and professional approach.
For traders
Arturs Jermolickis
EURCAD SWA"Analysis, mid term reversal possibleTrading plan on a current mid term situation.
Instructions on how to read labels on a graph:
The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period.
To get a deeper understanding of the approach, that can open a new doors for your trading, please contact.
Impulse move (impulse wave), or the move towards the presumed main trend direction (of a period researched), is indicated with “i” followed by the wave number
Each higher step/grade is marked “i” which stands for Impulse + apostrophe after the impulse wave number one for each step higher. e.g.: i1’ - 1st impulse wave 1 step higher, i1’' - 2 steps higher, i1’’’ - 3 steps higher
i1’’ i2’’ i3’’ 2 steps higher
i1’ i2’ i3’ 1 step higher
i1 i2 i3 trading period
‘i1 ‘i2 ‘i3 1 step lower
‘’i1 ‘’i2 ‘’i3 2 steps lower
Each lower step/grade is marked with apostrophe before the i - letter that stands for impulse wave. 'i - 1 step lower, ''i - 2 steps lower, '''i - 3 steps lower
Corrective move is marked with letters, where: a - 1st corrective wave, b - 2nd, etc…
Each higher step/grade is marked with a wave’s letter + apostrophe after the ; e.g.: ‘ - 1 step higher, ‘’- 2 steps, ‘’’ - 3 steps
a’' b’' c’' - 2 steps higher
a' b' c' - 1 step higher
a b c - trading period
‘a ‘b ’c -1 step lower
‘’a ‘’b ‘’c - 2 steps lower
Each lower step/grade marked with apostrophe before the lowercase letter; e.g.: ‘a - 1 step lower, ‘’a - 2 steps lower, ‘’’a - 3 steps lower
This is an author's simplified wave trading approach. It has been created for trading, and if you're interested to "catch a Wave" please feel free to contact.
All what you see at the charts, is a ready made SAW, so no explanations are added, so if you have any questions, just white a comment, and ask.
The bits of wave theories known , Volume analysis and classical technic analysis is used in the system, to get a simple and professional approach.
For traders
Arturs Jermolickis
EURUSD Short term shorting oportunityOn a 1H chart we have a bearish chart pattern
Price is currently at 61.8% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to previous swing Down
Will look for a bearish short term entry setup (based on 1H chart, trade will be left for minutes, but position will be closed in parts and using a trailing technique, will try leave it open for a maximum period possible) at around 1.1000
This short term trade is at high risk with a low probability factor, but as a trader, I can not ignore the signal, so short stops and short targets must be applied
USD/CAD gartley hourlyThis flag shaped consolidation lead me to look for patterns, after finding an initial bat pattern that didn't fulfill, I started to Look for a new pattern , I believe that if the market continues to consolidate in the flag shape, then it will create a completed Gartley pattern. upon completion of the Gartley pattern , I will short the market roughly around 1.21270. I will place my stop at the top of the flag and my limit at the bottom of the flag with a 2:1 risk reward ratio. Please like and leave your opinions in the comments.
GER30 possible salami crash running3 months earlier in January 2015 this stock market price was normal,
just comeback from bubble mode, nothing else
70% is owned by foreigners, hedgefonds, ETF
This conditions we had in 1998 and you can see the result.
QE of EZB is working and ETFs and Fonds did collect tones of money in March.
They are the temporary buttom fishers and well get more spezial offers down the way.
At the end the will sell in panic in a final selloff.
Just my two cents.