PRO_Indicators

PRO_Indicators

The multi-timeframe Monthly vs. Daily analysis both tend to confirm that this is to early to make a decent call on the Dollar. There's still a chance to catch up on nice trades during the consolidation. It's too early to know what this correction will look like, bet let's forecast the most common zigzag .. We would still be searching for A point bottom on montly...

PRO_Indicators

The multi-timeframe Monthly vs. Daily analysis both tend to confirm that this is to early to make a decent call on the Dollar. There's still a chance to catch up on nice trades during the consolidation. It's too early to know what this correction will look like, bet let's forecast the most common zigzag.. We would still be searching for A point bottom on montly...

PRO_Indicators

I think we have a perfect short configuration here on multi-timeframe setup for the DAX. That's the zone I was looking for to short again.. and all tends to do just fine here ! Shorted, now wait for confirmation tomorrow.

PRO_Indicators

This study shows what are my projections for the german index. Still to early too jump into short but certainly not buying anything here as we have a nice reversal on top of the H2 timeframe. Price are probably just pulling back to form Elliott wave 2 point and head to the big wave 3 that should be the extended wave of the bear impulse that I expect the prices to...

PRO_Indicators

This study shows what are my projections for the german index. Still to early too jump into short but certainly not buying anything here as we have a nice reversal on top of the H2 timeframe. Price are probably just pulling back to form Elliott wave 2 point and head to the big wave 3 that should be the extended wave of the bear impulse that I expect the prices to...

PRO_Indicators

Just as the DOW count revealed, the DAX 0.76% may be creating an ending diagonal formation on fifth and final wave of the current count that started upon Trump's election and fueled the price without a single retracement (as 2 & 4 were both flat corrections ). Anyway we might be reaching a market top as suggested and as we didn't have any retracement and that...

PRO_Indicators

Took me quite some time to build this up but the result shows a very clean sceanrio here ! Everything tends to correspond between each different timeframe and so the forecast is even more likely to occur. It shows that on the biggest timeframe, gold has made it's 5 wave impulse and is now retracing in 2 impulses. The first have been completed and we clearly see...

PRO_Indicators Updated 

My analysis tend to say that the momentum pushed us a little bit further than the theoric targets (because of the heavy momentum related to fundamentals going crazy about oil at the moment). But anyway market don't give a s*** about fundamentals ! And technically here, This is a very strong EXIT signal that is highlighed and I would suggest sellers should get...

PRO_Indicators

Took me quite some time to build this up but the result shows a very clean sceanrio here ! Everything tends to correspond between each different timeframe and so the forecast is even more likely to occur. It shows that on the biggest timeframe, gold has made it's 5 wave impulse and is now retracing in 2 impulses . The first have been completed and we clearly...

PRO_Indicators Updated 

The current analysis shows that we're at some interesting prices for that forex minor cross but the wave count suggest that we could be on a 5 wave bear impulse... meaning that there should still be a fifth wave to come .. and so probable better prices to jump in ! I've bought this cross already on anticipated low leveraged long, still waiting for price...

PRO_Indicators Updated 

No need to talk much here... this is short agressive entry with tight stop and clear targets to take first profits and keep a 50% running short in long term ;) We'll see if confirmation or not by the end of Eurozone session and should have targets reached by the US one. Of course timing is always the hardest part to predict... So don't take this for granted. Its...

PRO_Indicators Updated 

Just as the DOW count revealed, the DAX may be creating an ending diagonal formation on fifth and final wave of the current count that started upon Trump's election and fueled the price without a single retracement (as 2 & 4 were both flat corrections). Anyway we might be reaching a market top as suggested and as we didn't have any retracement and that this wave...

PRO_Indicators Updated 

Somebody asked me to comment on this chart so here's my view. Always using combination of market cycle analysis via PRO Sinewave and Elliott wave counts to highlight target zones and price structures. For the Lite Bitcoin vs Dollar here's my analysis : Sinewave gave all the trades prior to the break (even a short scalp that would have made a free long entry with...

PRO_Indicators Updated 

DAX is now offering an interesting buying point. This is pure counter trend call here, I remind you that I'm selling the DAX and still having positions running with short leverage. This call is simply an opportunity for me to reward some extra pips on this interesting configuration shown by a joined Elliott/PRO Sinewave(beta) market reading.

PRO_Indicators Updated 

Combined Elliott wave analysis and cycle analysis through PRO Sinewave (beta) both tend to confirm a TP area nearby the current prices which would mean the end of subwave 3 of our supposed last impulse (V) that is our extended wave. Which means that we may still have a final 5th wave to complete on the subcount in order to finish this cycle. Anyhow bulls must get...

PRO_Indicators

Better have this one in close look after the FED's event tonight.. Cycle analysis through PRO Sinewave (beta) shows that the last bullish cycle which we're into is a potential reversal cycle.. this means that now resistances can be broken easier... and the probability of false breaks attemps like the previous one is very low. Soooo... pay attention.. if VIX goes...

PRO_Indicators Updated 

Better watch this closely. There's very interesting risk reward ratio here. And I'll probably drop a short if we have a bearish breakout of that possible ending diagonal formation that would complete the 5th wave of our second impulse of higher degree. Market is still bullish (wave 3... so still have a 5th wave to complete) but as our 3rd wave here provided not a...

PRO_Indicators Updated 

Following on from the previous analysis that showed out t arget for wave 3 (reached precisely) , we expected the prices to retrace back to previous supports. But for now it seems to refuse that and prices seemed to look like an early ABC extended flat consolidation . To confirm that we need to temporarily break through resistance and search for a theoric 138.2%...