USD/CAD long setup.

USD/CAD is in horizontal move. Now its just near bottom of it.

D1 DT is OS.
H4 DT buy signal
H1 DT buy signal

Swing trade over last high for at least 50% of last move down.

EUR/USD broke over last high and if the wave count is proper its v close to really strong resistance - and it should be close to retrace:

61,8% retrace of wave 3, 61,8% of wave A projection from B, S/R level - bottom of wave 1.

I'm looking for trade on this level.

GBP/USD

GBP/USD is also in potential short setup.

Daily DT made sell signal. H4 made short signal.

On H4 we are after wave 3 high:

Now it should be correction at least to 38,2% - and that will be target for short term position.

Now entry from H1 - sell stop and SL marked on chart:

EUR/USD short setup:

4H DT is in OB zone.

On H1 it seems we are after wave 4 high.

Im putting sell stop below last low:

Almost whole weekend analysis are no longer valid because of market open.

There was really good setup on USD/CHF but it was too late.

Now i have 1 position - its long term swing trade on EUR/JPY.

EUR/JPY made probable wave 4 high and now its going down with wave 5.

Minimum target is 50% of wave 4, and longterm position target should be below wave 3 low. I will make projections later - this is position for few days anyway.

16:26

EUR/JPY reach 50% of wave 4 - what supposted to be my target for short term position.
Now im starting to defens position closer to price.  And it will be just above last 15minute bar.

Im not moving long term. I will do it after bearish 4H DT signal.

17:25

Position closed on +55pips

Here is one potential short on end of wave 5.

Its STXUS

Price on D1 reach fibo grouping zone.
DT indycator is in OverBought zone.
DT on H1 is v close to give sell signal.

I closed yesterday position on GBP/USD - that was really so little move down that I didnt want to stay in position.

Anyway today and yesterday i made analises for about 200 ;) USA, UK and DE CFDs. So now there are some ideas.

I still have open long on TKADE my SAP position had been just closed after i moved my SL due to H1 buy re-signal.

Here are potential setups. All are for longs - so im not sure is this right direction now - but well i trade what i see not what i expect to be.

First its Dell.

It is ABC correction and now price reached point C with all 3 Fibo (for wave C it retracement of last impuls, projection of wave A from B point and projection of wave B)

There is also next Fibo group lower:

GBP/USD short reopened at nice 2x Fibo grouping level.

GBP/USD short

Price reach retracement zone. It looks like end of wave C. C subdevided in to 5 waves. Moment seems to be good to open short.

Short term position target is 50% of wave 5 of this move.
Long term should be below last minimum.

I dont see any clear setups.

Yesterday same thing. I'm still thinking about longs on most pairs but it have to be some clear corrections.

Anyway im analising some CFDs - DAX30, Nasdaq100 and some DJ stocks.

D1 as main Time Frame and H1 as trigger.

Actually i have long on SAPDE and TKADE:

AUD/USD position manage:

On 15m short position target is 50% of retracement of abc move corection down.

But DT gave buy signal on 15m and im moving SL below signal bar.

Long term position SL is still below c low.

Its mistake - SL should be moved below low of minimum of wave that gave signal:

Ok. 12:12 price almost reached target - after this 15m bar i will start to Trail Stop this position 1pips below last bar/candle

Position closed on +32pips  SL of long term position moved to 1.03210 - and thats just below 78,6% of last move up - and its maximum point of correction if that move go on. If price go down below that point that will mean that we are going back to down trend and there is no point to be long.

So not BE but minimum point on which longs should be still consider. 

14:35 SL moved below minimum with 15m DT buy signal 1.03395 


SL on longterm position. +15pips 

So ST position: +35
LT: +15pips

USD/CAD

Here also is good setup:

On D1 it can be wave 5 now:

And on H1 there was wave 1 and now wave 2 reached 61,8 of wave 1 and it can be end of this wave..

If USD/CAD breake this zone - its is more probable next zone marked blue - 78% retracement and 78% APP of wave A of wave 1

16.04.2012

Hello all

On this weekend I had done very hard job on studing Miner's Workshop and I have some ideas of improving trading.

Anyway i just opened AUD/USD long:

On D1 it should be wave 5 up - that should subdivide on 5 waves on H1 and now it seems we end correction wave 2.
On H1 it subdivide on ABC correction and last C was 5 waves move that stoped on 61,8% of big wave 1, and some projections on smaller Time Frame.

EUR/USD plan is - it should go a little bit up over its high before going down.

So from 15m there is potential entry for this move up:

Potential end of correction wave C. I know its little messy but there are many Fibo levels there:

50% of 1-5move up
127% of wave A
200% of correction B

It can be long entry with target from H1 analysis of potential high.

Trade chart - EUR/USD retrace from another level down - on 15m chart there was signal so im in trade:

 

Seems its not time for up. SL. But its reallt should go up before bigger fall down.

GBP/USD

No clear situation here too. There is slowly up trend but looks like correction not trend:

It should go up to upper trend line and than go down again.

Potential points from H1:

EUR/USD

There is no clear situation here. On D1 i have no idea which way it will go - it should go up in long term (so not that way everyone expect) but first it should go down.

On H1 potential retrace zones:

EUR/JPY and GBP/JPY situation:

On D1 both pairs were in strong up trend, than we had correction. Now it seems that we are in correction of this correction ;)

It can be now B, or even 4.

Anyway I'm looking for short setups there - but it should go higher before stronger move down.

EUR/JPY:

GBP/JPY:

13.04.2012

Hello on Friday 13.

Here are some thoughts about market:

First of all strongest one - AUD/USD

On daily it broke down trend channel (and it was correction one) now i expect little come back (it can be near upper trend line) and continuation of up trend.

 

On H1 there is 3 waves trend (or it can be even 1st wave) Correction should stop somewhere in blue zones - or it can stop even now - on 38,2 but it really should come down a little bit

GBP/USD

Possible end of correction move up and begin of new trend down:

Price reach possible max of wave (C) - there is another level marked on blue that can be last max if its just correction.

Enter after next sell signal on 15m 1 pips below signal candle.


Sell signal on  GBP/USD. 1.59495 sell stop. SLover the maximum. So it gives 25pips.

Its much bigger SL that i used but i want to follow Miner's rules for few weeks and take only strong signals with last bar + 1pips open. And i will try to stay in position longer. So if its end of correction for me i will try to be here with long term position for 5 waves.

Screen:

USD/CAD possible long:

After breaking trend line in up move - now it seems to be ABC correction and its perfect moment to end it.

H1 gives signal - i will enter on resingal on 15min chart.



Enter signal on 15m and enter 1pips over high of 15minutes candle:

Already on BE. If it wont breake its max on good up trend it can go down in unregular correction move.

12.04.2012

Today is news day just before USD session.

I dont see anything clear. But on EUR/USD, GBP/USD, GBP/JPY, EUR/JPY should be consider just long - DT gave signal - and seems it time for some bigger corrections.

GBP/JPY and EUR/JPY was on clear 5 waves down trend. I opened positions but this move was such unregular that i got stoped out on EUR/JPY and gave back almost whole of my gain on GBP/JPY.


Interesting situation is on AUD/USD:

After today night news it broke Trend Line on D1:

And it can be some bigger move up.

On H1 this move can be wave 1 - so i will try to open position on correction - and it can be on 38,2 of this wave and on coming back to trend line:

There is mess today on market. Something should happen.

There is now EUR/USD short - retrace from trend line after breaking it.

Good USD/CAD long signal. Break of trend line. Than come back and reverse from it:

EUR/AUD short

After reverse from S/R level and H1 sell signal - it has made Lower High:

10:50

There can be long on EUR/USD.

Retrace from 61,8 of wave A and from trend line.
Im waiting for confirmation on m5 - Higher Low and buy signal on DT.

Long GBP/USD

1.58610  SL: 1.58495

Today can be short on USD/CAD if it reach trend lines and retrace again:

Seems JPY pairs are going a little bit more down. Im looking on GBP/JPY and EUR/JPY end of waves A and some strong corrections:

I dont see clear situation on EUR/USD. Everyone is telling it will fall down. But on D1 its near trend line - and it can be some suprice retrace. But no clear setup to enter on H1.

Only setup is see now is long on GBP/USD

Situation on D1:

 So its close to bottom trend line and there are long signals on DT(13) and (8)

On H1 price stoped on 61,8 of wave (A) and little S/R level. Now if on 5m it will make Higher Low i can open long there.