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.