DrFaust_Official

DrFaust_Official

Ho fellow traders, This week is a most interesting week for the markets, for there is lots of central banks decisions. By taking a look at the daily chart for EURUSD and then we move to the monthly chart( ), we will recognize that EURUSD has been forming a quite stable ground from a price range between 1.0400x-1.050xx. The price zone whereat it has been...

DrFaust_Official Updated 

Hello fellow traders, At D1 there is a nice double bottom for USDJPY in a upward trend after a little retracement. Time to long UJ. Trade well! m2m

DrFaust_Official Updated 

Hello fellow traders, despite of important releasing news today in the USA, we take a long with GBPUSD now. We enter at 1.24400 and tp will be at the last highest peak, sl at the last bottom. Exactly level we have updated on our site, take a look there for your reference. trade well! m2m

DrFaust_Official

Hi fellow traders, Last week USDJPY was strongly falling down, despite of strong bucks, due to the JPY getting stronger. Anyway, according to our technical point of view, there is probably a reversal for UJ at H1 TF. Take the chart for your reference. The trade setup we have put in our check list, more levels about where to get out, we update them at our signals...

DrFaust_Official

Hi fellow traders, let's say that the coming news in USA (FOMC) have been priced in the price of Gold vs bucks. Gold build a pattern at H1 TF with lower highs, a lower lows of course has not built yet. Anyway I am the opinion that it losses the strength to make a further high before FOMC. So we short. sl@1239.85 tp@1215.80 You can enter at your market price...

DrFaust_Official

hi fellow traders, There is a very good opportunity to go long with BMW. At D TF, BMW has been now trading along the up trend channel for both corrective and impulsive waves. My target for this share should be until the end of second quarter 2017 at 100.xx USD/share. SO go long from now and hold until that mentioned time.Around 13.14USD/share will we benefit, or...

DrFaust_Official

Hi fellow traders, At D1 TF ( same at W1) we have a very interesting trading pattern for Aussie; according to my TA point of view, Aussie is now in the corrective phase with a chart pattern lower highs higher lows, nearly at the end thereof, which indicates it will soon make a breakout to reach a higher level at around 0.82xxx in the coming time (weeks). Anyway...

DrFaust_Official

Hi fellow traders, In a technical point of view BTC just finished its 5th impulsive wave in a uptrend and did make an impressive peak at 1097.xx, and on the next day it goes to the corrective wave ABC according to my TA. The A leg has been completed and the B leg is currently developing; let's say that the B leg can still be extended to a new up level, namely at...

DrFaust_Official

Hi fellow traders. Gold is probably making the next move to 1245.xxx. Long Gold at 1233.780 a stoploss@1225.5xx tp@1245.000 Trade well! m2m

DrFaust_Official

Hi fellow traders, There is a good short opportunity for GU today, if the price at H1 candle closed below 1.2498xx. Sl@1.2543x Tp@1.2388x or a bit lower. Other scenario is that GU climbs further from now and the H1 candle would close above 1.2542x today, then we cancel the short order. Pls take note that Gu is starting now at D1 Tf an accumulative phase and it...

DrFaust_Official

Hello fellow traders, There is a potential pop up for UJ today, just take the depicted chart for your reference. trade well! m2m

DrFaust_Official

Hi fellow traders, There is a lot of discussions about EURUSD recently and the trading opinions about this pairs is also various. My trading setup for this pairs is just based on the time and momentum thereof for this week in conjunction with the fundamental point of view. In a technical point of view at D1 TF, EURUSD has just made a move from the recent...

DrFaust_Official

Hi fellow traders, There is an interesting short trade for AU, so both at D1 TF and H1 TF AU is now located in a corrective phases of its A leg to B leg and from the probably B leg as described on the chart @ around 0.753xx Aussie will go down to reach its C leg. Take a look at the described chart for your reference about in and out levels. Notes: short only,...

DrFaust_Official Updated 

Hi fellow trader, There is a short for EC@M15 TF. Check the depicted chart for your reference. Take profit cab be less than described so it depends on your risk playing appetite. Trade well! m2m

DrFaust_Official

Hello fellow traders, Happy New Year 2017 to you all and we hope that you did have a great celebration. Back to the markets today with some thoughts on Gold. Gold lost its upward momentum since last Aug 2016 due to some important fundamental decisions last year like Fed rate hike, president-ship election in the USA with some very impressive decisions and...

DrFaust_Official

Hi fellow traders, Time ago I did update about the price movement of USDJPY, check this link for your reference At D1 TF the formation of 3rd wave finished and the 4th wave was just little retraced( 0.236 fibs only), and quickly it has been popping up up to now (probably) to fulfill its 5th wave at around 116.xxx; I suppose stronger supply for USDJPY will be...

DrFaust_Official Updated 

Hello fellow traders, There is a possible minor upward movement for EURUSD; entry and exist levels are depicted on the chart. We can send a market order for long EURUSD now. Trade well! m2m

DrFaust_Official Updated 

Hi fellow traders, As months ago I did share the idea about GU and its course has been developing into the downside up to now, and that means GU is actually still in a downward trend BUT WITH STRONG CORRECTION which means by a moving down, then it occurs with a strong moving up right after ( let's say as a joke that the Britten are proud of their currency...