Eurodolarul s-a corectat usor de la maximul de 1,4166 atins ieri dupamasa la deschiderea sesiunii de tranzactionare NewYork atingind un minim local la 1,4074 si ca atare am intrat cu 2 pozitii long din care am castigat cumulat +24 pipsi verzi 12,645 eurocenti ; randamentul contului real este de +23,24% 0.78510 € profit net.
Eurodolarul a rupt rezistenta de la 1,4 si a iesit(cel putin temporar)din range in care se afla de mai mult de o luna urcind pina la un nou maxim local @1,4166 si ca am luat o pozitie long din care am castigat +21 pipsi verzi ; randamentul contului real este de +19,45% profit net 0.65563€.
Astazi am acumulat +65 pipsi verzi 10,797 eurocenti din 6 pozitii short,4 pe eurodolar si cate una pe EUR/JPY,respectiv pe GBP/USD;randamentul contului real este de +18,81% 0.63458 € profit net.
H4 graph
The pair continues trading within a side trend formed by support level 1.3840 (neck line) and resistance 1.4055 (“M” trend line). This trend is switching to a “diamond” trend-continuing figure, which will be executed in case the pair drops below level 1.3820, clearing the further lowering road to support level 1.3650 (“D” trend line – the lower bound of “D-D+” weekly uptrend). While the forming of “diamond” is in progress, we can’t exclude possibility of repeated correction to levels 1.4000–1.4050, which are key resistances. Therefore it is reasonable to consider selling opportunities from levels ~1.4000 and then below level 1.3820 with target set to 1.3650.
Trend status: side trend
Resistance: 1.4000 and 1.4050 (key resistance)
Support: 1.3840 and 1.3650 (key support)
Daily graph
The pair is set against the accumulation of supports 1.4100 and 1.4400 formed by “E” and “F” trend lines correspondingly. These are very strong trend lines. Moreover, “Z” trend line passes through level 1.4400, what further increases the importance of this resistance thus making it a key one. Strengths and chances are equal so, basically, either 1.4100 or 1.4400 may become a turning level (we should wait for a signal of “B-B+” trend’s turn). Upon “B-B+” trend line breaking and in the 4th correctional wave, the pair will go for a correction from one of these levels to support level 1.3285.
Weekly graph
The pair is set against the accumulation of supports 1.4100 and 1.4400 formed by “E” and “F” trend lines correspondingly. These are very strong trend lines. Moreover, “Z” trend line passes through level 1.4400, what further increases the importance of this resistance thus making it a key one. Strengths and chances are equal so, basically, either 1.4100 or 1.4400 may become a turning level (we shall examine daily graph for details). In the 4th correctional wave, the pair will go for a correction from one of these levels to support level 1.3285 and then, in the 5th wave, it will head to the maximum 1.4720 to update it (level 1.4720 update is assumed by the picture at daily graph as well as by the fact that “Y” trend line got broken). All these five waves will make up the “D-D+” uptrend; its extremum will be found at resistance level 1.4935 or 1.5300.
Monthly graph
Strategically, the graph shows that the pair is developing a downtrend having the target set to level 1.1000 (“Q” trend line). This situation took effect after the “P-P+” uptrend had been broken along with “E-E+” trend and “F” trend line. But there are reasons that until the maximum 1.4720 is updated, the pair is unable to develop a downtrend to 1.1000. That reasons are well seen on weekly graph. Besides, it’s a simple logic that the pair can’t go to 1.1000 from current levels prior to formation of a trend-continuing figure (like “flag”, which is being formed now) or a side trend which would update the maximum 1.4720 (basically, such side trend is the same “flag” figure).
Above the level 1.4720 is an accumulation of resistance levels 1.4935 and 1.5300 (these levels are examined in detail at weekly graph). Hence, after updating the maximum 1.4720 the pair will push off 1.4935 or, if it will get over 1.4935, off 1.5300 (which is a key level). Accumulation of these resistances is meant to become a turning, key level for the pair; and a supporting point for the “flag” figure’s higher bound. From there, the market will develop a downtrend aimed at the figure’s lower bound, roughly at level 1.2800. After passing that level the “flag” figure will have been executed and the next dropping target will be set to level 1.1000 (“Q” trend line). Then, a correction is supposed to be performed from there to level 1.3000 and down again to 1.0000.
I would like to note that the feeling arises as if the right shoulder of a “head and shoulders” trend-turning figure is being formed now, however we definitely won’t see a clear “head and shoulders” figure there, especially if the pair goes up to level 1.5300. The neckline will get falsely broken for multiple times due to invalid figure proportions. That’s why it is better to get oriented to the “flag” figure (which virtually is the right shoulder of a “head and shoulders” figure).
Diferentialul de dobinta dintre BoE si FED(0,5% fata de 0-0,25%)este favorabil intaririi pe termen mediu a lirei sterline fata de dolarul american si de aceea am intrat cu o pozitie de carry trade pe GBP/USD@1,6260 cu target @1,6375,dar din pacate am inchis–o prea repede mutindu-i stopul prea strins la +15 astfel incat m–am ales doar cu 15 pipsi castigati in loc de 150;randamentul contului real este de +14,86% 0.52224€.
Astazi am pus 4 pozitii short pe EUR/USD si am inchis doar una deocamdata cu un castig de +11 pipsi verzi.Celalalte 3 sunt deocamdata pe pierdere,dar piata ar trebui sa coboare cel putin 1-200 de pipsi,moneda euro fiind supraapreciata fata de dolarul american.
Update:Am inchis si celelalte 3 pozitii short cu un castig cumulat de +25 pipsi verzi 6,781 centi ; randamentul contului real este de +14,43% 0.50586€.
H4 graph
The pair had bounced off level 1.4200 (“E” trend line) again, what lead to emerging of another massive selling wave (which was confident this time).
The pair went under level 1.4035 and broke the lower bound of “a-a+” 4-hours uptrend on its way down, setting the pair’s lowering target to support level 1.3850 (“neckline”) – right where we are now moving to.
A correction may then start from that support; and if so, it is supposed to be finished at resistance level 1.4000, from which the pair will go back to 1.3850. In case the pair drops below level
1.3820, it will clear the road to the lowering target at support level 1.3650 (“D” trend line).
Trend status: side trend in transition to downtrend
Current resistances: 1.4055
Supports: 1.3960, 1.3850
Daily graph
The pair is set against the accumulation of supports 1.4100 and 1.4400 formed by “E” and “F” trend lines correspondingly. These are very strong trend lines. Moreover, “Z” trend line passes through level 1.4400, what further increases the importance of this resistance thus making it a key one. Strengths and chances are equal so, basically, either 1.4100 or 1.4400 may become a turning level (we should wait for a signal of “B-B+” trend’s turn). Upon “B-B+” trend line breaking and in the 4th correctional wave, the pair will go for a correction from one of these levels to support level 1.3285.
Weekly graph
The pair is set against the accumulation of supports 1.4100 and 1.4400 formed by “E” and “F” trend lines correspondingly. These are very strong trend lines. Moreover, “Z” trend line passes through level 1.4400, what further increases the importance of this resistance thus making it a key one. Strengths and chances are equal so, basically, either 1.4100 or 1.4400 may become a turning level (we shall examine daily graph for details). In the 4th correctional wave, the pair will go for a correction from one of these levels to support level 1.3285 and then, in the 5th wave, it will head to the maximum 1.4720 to update it (level 1.4720 update is assumed by the picture at daily graph as well as by the fact that “Y” trend line got broken). All these five waves will make up the “D-D+” uptrend; its extremum will be found at resistance level 1.4935 or 1.5300.
Monthly graph
Strategically, the graph shows that the pair is developing a downtrend having the target set to level 1.1000 (“Q” trend line). This situation took effect after the “P-P+” uptrend had been broken along with “E-E+” trend and “F” trend line. But there are reasons that until the maximum 1.4720 is updated, the pair is unable to develop a downtrend to 1.1000. That reasons are well seen on weekly graph. Besides, it’s a simple logic that the pair can’t go to 1.1000 from current levels prior to formation of a trend-continuing figure (like “flag”, which is being formed now) or a side trend which would update the maximum 1.4720 (basically, such side trend is the same “flag” figure).
Above the level 1.4720 is an accumulation of resistance levels 1.4935 and 1.5300 (these levels are examined in detail at weekly graph). Hence, after updating the maximum 1.4720 the pair will push off 1.4935 or, if it will get over 1.4935, off 1.5300 (which is a key level). Accumulation of these resistances is meant to become a turning, key level for the pair; and a supporting point for the “flag” figure’s higher bound. From there, the market will develop a downtrend aimed at the figure’s lower bound, roughly at level 1.2800. After passing that level the “flag” figure will have been executed and the next dropping target will be set to level 1.1000 (“Q” trend line). Then, a correction is supposed to be performed from there to level 1.3000 and down again to 1.0000.
I would like to note that the feeling arises as if the right shoulder of a “head and shoulders” trend-turning figure is being formed now, however we definitely won’t see a clear “head and shoulders” figure there, especially if the pair goes up to level 1.5300. The neckline will get falsely broken for multiple times due to invalid figure proportions. That’s why it is better to get oriented to the “flag” figure (which virtually is the right shoulder of a “head and shoulders” figure).
Cotatia eurodolar se invirte in jurul nivelului de 1,39 (suport la 1,3800 rezistenta la 1,3950) fara un bias clar si nu am prins decat o pozitie long din care am castigat +11 pipsi verzi ; randamentul contului real este de +9,10% profit net 0.32049€.
Update:
Astazi am intrat cu 4 pozitii long,3 EUR/USD si una pe USD/CAD(bazandu-ma pe recenta scadere a pretului barilului de petrol si corelatia sa cu dolarul canadian)din care am castigat cumulat +31 pipsi verzi 10,728 centi ;randamentul contului real este de +9,72% profit net 0.34079 €.
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H4 graph
The pair had bounced off level 1.4200 (“E” trend line) again, what lead to emerging of another massive selling wave (which was confident this time). ? ?? The pair went under level 1.4035 and broke the lower bound of “a-a+” 4-hours uptrend on its way down, setting the pair’s lowering target to support level 1.3850 (“neckline”) – right where we are now moving to. ? ?? A correction may then start from that support; and if so, it is supposed to be finished at resistance level 1.4000, from which the pair will go back to 1.3850. In case the pair drops below level 1.3820, it will clear the road to the lowering target at support level 1.3650 (“D” trend line). ? Trend status: side trend in transition to downtrend
Current resistances: 1.4055
Supports: 1.3960, 1.3850 ? ? ? ???
Daily graph
The pair is set against the accumulation of supports 1.4100 and 1.4400 formed by “E” and “F” trend lines correspondingly. These are very strong trend lines. Moreover, “Z” trend line passes through level 1.4400, what further increases the importance of this resistance thus making it a key one. Strengths and chances are equal so, basically, either 1.4100 or 1.4400 may become a turning level (we should wait for a signal of “B-B+” trend’s turn). Upon “B-B+” trend line breaking and in the 4th correctional wave, the pair will go for a correction from one of these levels to support level 1.3285. ? ? ??
Weekly graph
The pair is set against the accumulation of supports 1.4100 and 1.4400 formed by “E” and “F” trend lines correspondingly. These are very strong trend lines. Moreover, “Z” trend line passes through level 1.4400, what further increases the importance of this resistance thus making it a key one. Strengths and chances are equal so, basically, either 1.4100 or 1.4400 may become a turning level (we shall examine daily graph for details). In the 4th correctional wave, the pair will go for a correction from one of these levels to support level 1.3285 and then, in the 5th wave, it will head to the maximum 1.4720 to update it (level 1.4720 update is assumed by the picture at daily graph as well as by the fact that “Y” trend line got broken). All these five waves will make up the “D-D+” uptrend; its extremum will be found at resistance level 1.4935 or 1.5300. ? ? ??
Monthly graph
Strategically, the graph shows that the pair is developing a downtrend having the target set to level 1.1000 (“Q” trend line). This situation took effect after the “P-P+” uptrend had been broken along with “E-E+” trend and “F” trend line. But there are reasons that until the maximum 1.4720 is updated, the pair is unable to develop a downtrend to 1.1000. That reasons are well seen on weekly graph. Besides, it’s a simple logic that the pair can’t go to 1.1000 from current levels prior to formation of a trend-continuing figure (like “flag”, which is being formed now) or a side trend which would update the maximum 1.4720 (basically, such side trend is the same “flag” figure).
?? Above the level 1.4720 is an accumulation of resistance levels 1.4935 and 1.5300 (these levels are examined in detail at weekly graph). Hence, after updating the maximum 1.4720 the pair will push off 1.4935 or, if it will get over 1.4935, off 1.5300 (which is a key level). Accumulation of these resistances is meant to become a turning, key level for the pair; and a supporting point for the “flag” figure’s higher bound. From there, the market will develop a downtrend aimed at the figure’s lower bound, roughly at level 1.2800. After passing that level the “flag” figure will have been executed and the next dropping target will be set to level 1.1000 (“Q” trend line). Then, a correction is supposed to be performed from there to level 1.3000 and down again to 1.0000.
?? I would like to note that the feeling arises as if the right shoulder of a “head and shoulders” trend-turning figure is being formed now, however we definitely won’t see a clear “head and shoulders” figure there, especially if the pair goes up to level 1.5300. The neckline will get falsely broken for multiple times due to invalid figure proportions. That’s why it is better to get oriented to the “flag” figure (which virtually is the right shoulder of a “head and shoulders” figure). ?
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