ekgencsoy

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! Still following below setup from 31/03/2019

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! Daily view of my below linked idea. And a monthly view

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! fred.stlouisfed.org Trade based USD index is on support and I believe it is still bullish. Considering trade issued between US - EU and global demand to USD based on CME EURODOLLAR FUTURES (3 months) I believe strong dollar will continue at this pace.

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! Daily chart and idea published in below link

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! Update to my previous chart I am still keeping my XAUUSD bullish idea, despite all efforts from FED, US Treasury interest rates still do not look good. invst.ly VOX index does not show a healing sign. invst.ly Fundamentally; China phase one deal is not clear enough, phase two still a big question. China Wuhan virus and...

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! US economy is not showing strong signals of recession, however global trade conflicts are causing problems for the future and risking financial sectors, we are in an era of reshaping world trade. Mr.Bullard from FED, in an interview, expressed that "this time is not different" while talking about recession and yield curve, however...

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! Due to the risk of China, NZD & AUD pairs are good to sell the risk. Due to disputes in China Sea, trade problems with US and financial & political (Hong Kong) stability risks in China, risk is high. Technically, Weekly chart starting from May 2014 high, I see the pattern as an ABC correction (zig-zag). On daily chart we are...

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! Fundamentally, I expect that China will wait to see the chance of Trump in presidential elections that is why I do not expect them to agree on trade now. Technically, I have the following reasons to be bullish. Starting from 1953 low, movement seems to be an impulsive wave 12345, we are currently ending wave 4 and starting wave...

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! I expect to see GBPUSD to move south toward 1.2, fundamentally I can list below items to support weakness in GBP. Brexit uncertainty is the main reason, if Brexit risk eliminated then I believe that GBPUSD will be headed north for a while, but as it seems it will not be possible until autumn. Second uncertainty is Tory...

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! I tried to find correlation between BTCUSD and many other indices. RED: USDCNY PURPLE: EEMA Emerging Markets Asia index GREEN: 1 / US10Y yield The idea was tension on China may lead money flow to BTC, however USDCNY seems not to correlate. Asia is the leader for electronic payments and new technologies related to coins, EEMA...

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI This is a long term expectation. I expect to see a long correction trend before continuing south. It is not known yet whether ABC correction is a flat or zig-zag. Position of (b) will define it. A deeper (b) wave, even extending south of (a) will let us define the pattern as flat. A...

ekgencsoy

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Larger view chart is available here Short term targets of sub-wave of 1st leg of wave between point 4 and 5.

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Direction: Descending Tendency: Descending NZDUSD is now moving towards green 3 target, first sub-wave was expected to be the blue 12345 impulsive in my previous idea, however it formed like a 12345 diagonal instead, nothing changed regarding the target. Invalidation level is above...

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Direction: Descending Tendency: Descending According to my counting we are at the correction wave II (purple) of an impulsive wave after an ABC. Purple I was a diagonal wave blue (I II III IV V). I suppose Purple II is an ABC (yellow) (5-3-5) and I believe (A) leg has almost completed....

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Direction: Descending Tendency: Ascending 1W CHART ABC descent from 2001, June and WXY correction ended on 2016, December. I know expect to see a 12345 impulsive wave to create a new ABC downwards. 1D CHART Chart shows how we ended leg 1 and 2 of impulsive 12345. Now I believe...

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Direction: Ascending Tendency: Descending 1M Chart I expect the impulsive motive wave starting from November 2007, has just completed 1st subwave (cyan I) of 5th wave (green) and started to move towards correction II (cyan). 5th wave may either be a diagonal or an impulsive wave....

ekgencsoy Updated 

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI 1W Chart 1D Chart From August, 2018 high, I suppose correction is a WXY (pink). W is an ABC (cyan), X is a WXY (cyan) and Y is expect to be a 3 wave down. X is WXY (cyan), W is a ABC (purple). I expect to see X (cyan) as ABC (red). B point of this ABC (red) not confirmed yet but...