PRO_Indicators

PRO_Indicators Updated 

The current configuration before FED suggest that there could be an interesting short scenario on EUR/USD to retrace further and search for a B wave before eventually buying later on. Of course this is counter trend, so the position has to be low leveraged and must have a stop loss above previous highs. For now we can see that the momentum is divergent, it hasn't...

PRO_Indicators

No need to be long on the comment... it's a clear three uncorelated signal here... so very low risk entry point to play these two corrective waves. We've got both Sinewave & Momentum indicators giving signals and they're doing it on a precise price target projected from the major Elliott count. At this point any support breakout is a confirmation. The stoploss...

PRO_Indicators

Strong reversal pattern here to retrace current bull wave back to subwave 4 support in two corrective waves. The ending diagonal is very accurate and the overshoot is now being reversed. We've seen Sinewave plotting a bull break signal but the prices never managed to break up the target line and that was the limit not to cross. This false breakout is very likely...

PRO_Indicators

Of course the projected waves are speculative and requires the prices to react in the spotted zone which a multi wave cluster zone. If the prices actually blocks there we will then probably have a two wave retracement and the overshoot pattern will very likely form a head a shoulder pattern to extend the correction to lower levels and pbly reach wave 1 overlap...

PRO_Indicators

Of course the projected waves are speculative and requires the prices to react in the spotted zone which a multi wave cluster zone. If the prices actually blocks there we will then probably have a two wave retracement and the overshoot pattern will very likely form a head a shoulder pattern to extend the correction to lower levels and pbly reach wave 1 overlap...

PRO_Indicators

The current configuration before FED suggest that there could be an interesting short scenario on EUR/USD to retrace further and search for a B wave before eventually buying later on. Of course this is counter trend, so the position has to be low leveraged and must have a stop loss above previous highs. For now we can see that the momentum is divergent, it hasn't...

PRO_Indicators

The recent US equities price actions forced me to update the previous wave count that has been invalidated. I think the latest subwave 3 may have been extended (wich is rare to see happening on higher degree wave 5.. but still it can). Plus, the current price action is absolutely not what we could expect after an ending diagonal (what the previous count was...

PRO_Indicators

The recent US equities price actions forced me to update the previous wave count that has been invalidated. I think the latest subwave 3 may have been extended (wich is rare to see happening on higher degree wave 5.. but still it can). Plus, the current price action is absolutely not what we could expect after an ending diagonal (what the previous count was...

PRO_Indicators

Today's surprising rally that followed the weekend with what headlines tried to explain as Korea's redemption and "less expensive" damages from Irma ! Well.. call it however you want to me it fits in two words > stop hunting ! This might be the only actual fuel to this unexepecter price surge that came out of nowhere. Anyway the right question to ask yourself is...

PRO_Indicators

Today's surprising rally that followed the weekend with what headlines tried to explain as Korea's redemption and "less expensive" damages from Irma ! Well.. call it however you want to me it fits in two words > stop hunting ! This might be the only actual fuel to this unexepecter price surge that came out of nowhere. Anyway the right question to ask yourself is...

PRO_Indicators Updated 

No need to go complex on this description.. the chart says it all.. To me we're heading to a complex correction, probably a "double-three" or "triple three" structure. Why ? Cause there's no strength in this market, Sinewave shows no signs of a bottom structure and we haven't even retraced 13% from the last impulse. Those who are familiar with my scenarios on US...

PRO_Indicators Updated 

No need to go complex on this description.. the chart says it all.. To me we're heading to a complex correction, probably a "double-three" or "triple three" structure. Why ? Cause there's no strength in this market, Sinewave shows no signs of a bottom structure and we haven't even retraced 13% from the last impulse. Those who are familiar with my scenarios on US...

PRO_Indicators Updated 

Question is simple.. even though AAPL managed to overcome all my expectations, I still can't find it bullish here... I'm even starting to wonder if this is not the biggest bull trap ever on the world biggest capitalised equity ! Indeed if the market was about to break down the previous bull gap introduced by the quarter result we would have a strong medium term...

PRO_Indicators Updated 

Just got myself in this via long OCO entry : 11,5 / 12,3. leverage 0,1. SL 9,6 TP 24,9 => risk 2% / gain 10%

PRO_Indicators Updated 

This is it, I'm not taking the last short reinforcement here, after shorting the top and the bearish breakdown, this pullback is really unexpected but to me it still looks like a great opportunity to put more money into this thing rather than being scared of bulls taking it over again. Of course this scenario comes with an invalidation level... and I also gave...

PRO_Indicators

First I need to make it clear... I'm no perma-bear trader who desperately tries to find the market tops for years... On the opposite I was yelling at 'end of the world' traders who shorted SPX at 1800 as I was calling it ! Anyway It's just that I have problems buying the current market prices and moreover understanding what the hell is going on with major US...

PRO_Indicators Updated 

Reagarding the current counts, I think the most probable scenario would be an ending diagonal to terminate the corrective wave C. I suggested before this was too early to buy eurozone with a very bearish potential on US equities. US now tends to validate the bear scenario, and of course EU struggles to hold its supports. Plus Sinewave never showed any bull...

PRO_Indicators Updated 

Title says it all... In the previous analysis I explained that this was risky to remain bullish and that buyers should have profits secured and wait for corrective wave to build up in order to define an entry point to buy again later. But the bitcoin kept going.. but the worst would be to buy it again too soon.. this bull break is not part of a bullish impulse,...