GBPUSD Short-Long setupIdea is based upon Elliott wave theory, supported by median line analysis. More info on the chart. Good luck
Medianlines
EURUSD setup to catch the XY moveIdea is based upon Elliott wave theory supported by median line analysis. More info on the chart. Good luck
EURCAD Long SetupIdea is based on Elliott wave theory, combined with median line analysis. Anticipating an ABCD pattern at the 1.27 fib extension of AB.
More info on the chart. Good luck
EURUSD about to correct?Idea is based on median line analysis and simple support resistance. Info is on the chart. Good luck
NZDCAD Long short setup. Correction ahead?Idea is based on median line analysis. Info is on the chart, good luck.
Two scenario's to ride the next bullish gold impulseIdea is based on median line analysis and basic support/resistance. Information is on the chart. Good luck
GBPNZD short setupIdea is based on median line analysis, fibonacci ratio's and basic support/resistance. The rationale behind this setup is shown on the chart along with specific targets and stop loss. Good Luck
EURJPY Long setupIdea is based on median line analysis, fibonacci ratio's and the use of the following indicators: Bollinger bands, Stochastics and MACD. The rationale behind this set up is shown on the chart with specific targets and stop losses. Good Luck guys.
AUDUSD short setupThis idea is based on a combination of Median Line Analysis and momentum indicators. The rationale behind this setup is shown on the chart along with specific target and stop loss. Good luck guys.
GBPUSD short setupIdea is based on on a combination of median line analysis, basic support and resistance and the use of Bollinger bands. The targets and stop are mentioned on the chart. Trade at own risk please.
Haven't been publishing or trading that much guys, life can be quite a hitter sometimes, but I am back! and looking forward to interact with all of you. Cheers Hamza
$GBPJPY Bullish Gartley Potential
$GBPJPY doesn't show any "Unusual" price activity until now. Compare to last swing low at same level, this is one is too mild. I am looking for intraday Bearish formation after the break of the support or Bearish formation at higher level.
GBPUSD: Where Do You Go? Median Line First Test TradingNotes:
(1): Bear Median Line
(2): Bull Median Line
(3): Decision zone.where I don't know price will test which Median Line.
Trade conditions:
*** Long: If price break the Red ML, price will test the transaction of Blue ML and 61.8% Fibo level.
*** Short: If price fail to break Red ML, price will go down up to Lower RL at 138% Fibo level.
Adjusted Median Line Touch with Fibonacci 0.618 ProjectionHello Ladies and Gentlemen,
Last day we had chaotic selling of USD which pretty much looked like the C leg of an ABC correction.
The drop in DXY ended yesterday also, with C leg being shy of 1.00 times A leg.
Now I have a short setup in NZDUSD (and even a better one in AUDUSD) and it's combined with Median Lines for synergy.
( Borrowed the word from Jim Kane's book on Median Lines which i also learned this technique. )
I tried to project the this correction from an old correction which is much bigger than this one both time-wise and price-wise.
Now, the incredible thing is how the median line has been touched to the pip and bounced.
I wish you guys a profitable week.
Don't Trade My Ideas Please.
Take Care.
$GBPJPY Bulls Setup I got Bullish Fibs and bullish MedianLine on $GBPJPY, EW? Well I think there is a simple 5 waves correction. The pair tested 176 support area. It is good enough reason for GBPJPY to go North. Medium Resistant will be 180 area. But I am expecting for near 190 area.
I don't find any good sign for GBPUSD to go for bullish, but Likely USDJPY will continue the Bulls Trend. if USDJPY Break the 116 support, then I think I will see more Bearish Gain in #GBPJPY.
$GDX $GLD $GG are still bullishI have been bullish since $20.50 re-test on $GDX and I still have no clue for exit. But the last High, $23, was the test of my Upper Decline MedianLine for longer term. I like to watch closely on this.
$AUDUSD at May 2010 Low Key Line$AUDUSD is sitting on the 0.8047 Support which is the Low of May 2010. Where will it be going ? Will this support hold ?Can we say this is the bottom ? Let watch this line more closely.
$SPY testing downterm channel$SPY made an upthrust to 212 before it turn down. and it made a spring on 198.85 support where previous daily swing low was 198.00. Volume is also declining, if SPY show a weak bar, it may break the support for more deeper move. I am watching 190 area support before testing 182 support. There is bulls potential, but I need more reason for going bullish, since the 208-212 resistant area looks threatening.
$GBPAUD for bullish Reversal$GBPAUD Daily chart is forming a nice pattern. A Spring potential on 1.8375 support and Fib Cluster Ratio. Those formation are my reason to switch my APF from Standard to Modified Schiff. My Intraday Resistant Target will be 1.8800 area, but for long term I like to see 1.9200 area resistant.
EURUSD SHORT LONG SETUPIdea is based on median line analysis and simple support resistance. The rationale behind this setup is shown on the chart along with specific targets. Good luck
AUDUSD Trending DownClearly the strongest trend in fx majors now. The AUD is getting overbought, so another leg down is likely to develop. Is the 0.8 level going to be hit? Well, I don't know, but 0.805 is possible, if bearish momentum grows.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
CADJPY Testing The HighsIf CADJPY returns to the lower median line parallel, there should be a buying opportunity at that level, esp. because it would coincide with the prior highs. The CAD is currently the strongest currency, while the JPY is the weakest, which makes this pair a perfect match for trading long. Now I wonder, if we're going to see new highs, or perhaps the time has come for a correction. Especially because the CAD has been trading generally at overbought levels and its momentum seems to be sagging now, whereas the JPY's momentum has been declining for some time and may soon start to mark the bottom.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
USDCAD Bullish AgainThe pair has started to exhibit a fresh bullish momentum. I think it's likely to get to the light blue median line, possibly retesting the prior swing high level at 1.3842 as well. Or is it just a correction in a correction? Market seems to be in the process of fighting the red bear trend line and if the trend line holds, the correction will continue.
The USD is still relatively the strongest currency and the CAD is pretty neutral now, so this pair has been able to travel north in recent hours. The CAD's overall flagging momentum adds to the bullish scenario.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell. Rather, you should use the information only as a starting point for doing additional independent research, your own due diligence, in order to allow you to form your own opinion regarding trading decisions. No assumption should be made in relation to the performance or accuracy of the methods shown. No claims are made as to the success or profitability of any of my posts.
