http://blog.mt5.com/elliottfxtrader/2013/10/18/gold-h4-amp-daily/
THX,
Seb
Sabtu, 19 Oktober 2013
Gold XAUUSD H4 & Daily Analysys
http://blog.mt5.com/elliottfxtrader/2013/10/18/gold-h4-amp-daily/
THX,
Seb
Jumat, 18 Oktober 2013
Nifty H1
The corrective wave 2 purple must has been finished sonner that I have expected and Nifty index had made a new high now.
Nevertheless, the overall momentum for wave (i) is diminishing now and soe sort of correction is needed. The Key Level for the corrective cycle bottom is 5900. If this level is broken, then price might test the GAP level and oveall correction will become more complex.
Support/Resistance:
6275 - WR1
6065 - Weekly Pivot
5986 - WS1
5900 - Key Lecvel
5775 - WS1
5696 - WS3
Seb
Kamis, 17 Oktober 2013
EUR/USD H1,H4,Daily & Weekly Video Analysys
Hi guys,Due to main count invalidation this is video analysys of EUR/USD and US Dollar Index
The video is here:
http://www.youtube.com/watch?v=RV7rDvkesUY
Enjoy!
Sebastian Seliga
Rabu, 16 Oktober 2013
EUR/USD H1
EURUSD H1 16/10/2013:
This is the third and last one sequence of (i)-(ii), (1)-(2), i-ii that I can accept without invalidating bearish impulsive scenatio.
Any breakout above INVALIDATION LINE is bullish and last swing high is prone to test.
If You Don’t Like Whipsaws, Don’t Trade Gold
Bernanke is taking questions now but his answers can’t be interpreted one way or the other.
Goldman cut its 2013 and 2014 gold forecasts earlier today. They see gold at $1600 in 2013 vs $1810 previously.
USD/CHF H4
http://blog.mt5.com/elliottfxtrader/2013/10/15/usd-chf-h4/
Thank You,
Seb
Selasa, 15 Oktober 2013
Guest Article:Why the Markets Remain Hostage to the U.S. Government Shut-down?
Why the Markets Remain Hostage to the U.S. Government Shut As the government shut-down enters its third week, its impact is already creating widespread uncertainty and concern among U.S. citizens. Economists are predicting that the influence of the shut-down is set to become even stronger in the coming weeks, however, as government funding continues to dwindle indefinitely.
So while the federal courts are currently still functioning and benefits payments are still being made, it is estimated that the existing resources will only allow this to continue for another 2 to 3 weeks. After this time, the U.S. will face defaulting on its budget deficit and entering a prolonged period of austerity.
The Government Shut-down and the Forex Market: The Ultimate Stalemate
As the Washington stalemate continues, the financial markets are also beginning to feel the effect. This is only to be expected, especially in volatile markets that remain susceptible to social, political and economic trends. Take the forex market, for example, which has already seen diminished trading volumes and a distinctly risk averse approach to investment since the shut-down began just 13 days ago. The latest development in the crisis only served to heighten the sense of dread and anxiety, as President Obama reportedly refused to deal directly with the Republicans in an attempt to resolve the stalemate at the end of next week.
While some may remember how the threat of the fiscal cliff failed to undermine the financial markets, it is important to note that the current circumstances are entirely different. To begin with, the majority of the nations' economists felt that it was extremely unlikely that the U.S. would be allowed to plunge into the oblivion, while those on Wall Street were already battle hardened in the wake of the Great Recession. We are already in the midst of a government shut-down in this instance, however, while the nation had recently experienced significant levels of growth and regeneration.
The Early Indicators and the Bottom Line for Forex Traders
So with the financial markets in the grip of an impending fiscal crisis and a resolution seemingly further away than ever, are there any immediate signs of danger on the foreign exchange? Well the U.S. Dollar (USD) has followed up weeks of constant price fluctuation by dropping sharply against the Japanese Yen (JPY) and New Zealand Dollar (NZD). The initial uncertainty surrounding the government shut-down also appeared to take its toll on trading volumes, with the forex market decidedly quiet as investors sought further news concerning negotiations between the White House and Democratic party members.
While austerity, uncertainty and speculation are common features of the contemporary forex market, traders are currently facing a unique set of fiscal circumstances. Gripped by the first government shut-down in more than 17 years and hindered by an increasingly fragile global economy, it is little wonder that they are looking to adopt a risk averse approach and consolidate their position until a resolution is released. With many following the latest news and breaking trends through online brokerage firms such as Alpari, the sense of anticipation on the market is set to reach a peak in the week ahead.
Adrew Scarre
Senin, 14 Oktober 2013
Crude Oil Futures H4
Last wave (iii) green has been finished with Ending Diagonal Wave (v) and now crude oil is in corrective cycle. More whipsaws and choopy price action should be expected as the most probabble pattern for this wave is a triangle. Range is 104.33 - 101.05 and only a breakout above the golden descending trend line would put the count into question.
EUR/USD H4
EUR/USD H4 Analysys:
THE BEARS LAST CHANCE COUNT: if 1.3606 level ( top of wave 2 ) is broken, then alternative count is in play. This alternative count indicates another last high test and very possible breakout to the BLUE LINE @ 1.3706. If this line is broken then whole bearish count is invalidated and next level to look for a meaningfull resistance for EUR/USD is 1.4500.
1.3706 IS LINE IN THE SAND FOR BEARS!!!
Langganan:
Postingan (Atom)
