Astazi am acumulat +22 pipsi verzi +35,73 centi din 2 shorturi pe eurodolar luate in zona 1,3223-1,3232.

Astazi am facut doar +18 pipsi verzi 10,94 centi cu 2 pozitii long pe eurodolar luate pe retracement din trendul major bearish.Destul de riscant,nu!?

Astazi am inchis pozitiile deschise ieri cu o pierdere totalizand -175 pipsi rosii -2,25 $.

Astazi am pus 4 pozitii pending,3 short pe EUR/USD,USD/JPY si respectiv AUD/USD si una long pe USD/CAD din care s-au activat deocamdata shorturile pe eurodolar si yen ; pe primul l-am inchis cu un castig de +17 pipsi verzi +20,91 centi(+0,268 R).

EUR/USD forecast

Forecast for this week, 12-16. H4 graph (dated 04/012/10)

Forecast for this month, April. Daily graph (dated 04/05/10)

Forecast for the next quarter, April - June. Weekly graph (dated 03/22/10)

The development of 5-wave downtrend is in progress. By rebounding from key level 1.3800 the pair has completed the 4th correctional wave and now its drop target is seen at level 1.2870 (the 5th wave’s target).
Getting to 1.2870 is probable within the next 20-30 days, after which the market will begin forming a trend-turning/continuing figure. Forming of that figure may take about a month.

Let’s discuss two variants of events to proceed:
1. Direct drop to level 1.2870.

2. If the pair fails consolidating below level 1.3500 and then rises above level 1.3800, the downtrend will fade out and we will expect the pair to rise to level 1.4350 and also to 1.4600.

Forecast for the next year, 2010-2011. Monthly graph (dated 03/22/10)

The fact that the pair has quit the “P-P+” uptrend (after going below level 1.4550) granted an opportunity to drop to level 1.2750 (the “neckline” of “head and shoulders” figure). Taking to account the picture at weekly graph, this downwave is supposed to be completed at level 1.2870.

There are two variants of events to proceed:
1. The downtrend persists and the pair gets to level 1.2750. Next, in case the pair continues to drop and goes below level 1.2750, we may expect it to drop as low as to level 1.0000.

2. Alternative variant. Upon getting to level 1.2750 there is a possibility of rebound followed by an uptrend development. In case the pair rebounds from 1.2750 and rises above level 1.3100, it will get to 1.4600.

Din doua 2 pozitii long pe eurodolar am acumulat +15 pipsi verzi +26,55 centi(+0,33R cumulat).

Astazi am luat 3 pozitii long,una pe cable si respectiv 2 pe eurodolar din care am castigat cumulat +22 pipsi verzi +16,72 centi.

EUR/USD forecast @ 29 March 2010

Forecast for the this week, 29 -02. H4 graph (dated 03/29/10)

1.3380, 1.3328

Resistance:
1.3493, 1.3538

Forecast for the next month, March - April. Daily graph (dated 03/22/10)
By rebounding from key level 1.3800 the pair has completed the 4th correctional wave. Now the drop target is seen at level 1.2870 (the 5th wave’s target).

Let’s discuss two variants of events to proceed:

1. If the downtrend continues and the pair drops below level 1.3500 (out of the “B-B+” trend boundaries), the bearish sentiment will be amplified. In such case the pair will get to level 1.2870.
Level 1.3285 is an intermediate support, which may evolve a correction to resistance 1.3520 followed by rebound and downtrend’s continuation with the drop target seen at 1.2870.

2. If the pair fails consolidating below level 1.3500 and then goes above level 1.3800, the downtrend will fade out and we will expect the pair to rise to level 1.4350 and also to 1.4600.

Support:
1.3285 (intermediate)

Resistance:
1.3800 (key)

Forecast for the next quarter, April - June. Weekly graph (dated 03/22/10)
The development of 5-wave downtrend is in progress. By rebounding from key level 1.3800 the pair has completed the 4th correctional wave and now its drop target is seen at level 1.2870 (the 5th wave’s target).
Getting to 1.2870 is probable within the next 20-30 days, after which the market will begin forming a trend-turning/continuing figure. Forming of that figure may take about a month.

Let’s discuss two variants of events to proceed:
1. Direct drop to level 1.2870.

2. If the pair fails consolidating below level 1.3500 and then rises above level 1.3800, the downtrend will fade out and we will expect the pair to rise to level 1.4350 and also to 1.4600.

Forecast for the next year, 2010-2011. Monthly graph (dated 03/22/10)
The fact that the pair has quit the “P-P+” uptrend (after going below level 1.4550) granted an opportunity to drop to level 1.2750 (the “neckline” of “head and shoulders” figure). Taking to account the picture at weekly graph, this downwave is supposed to be completed at level 1.2870.

There are two variants of events to proceed:
1. The downtrend persists and the pair gets to level 1.2750. Next, in case the pair continues to drop and goes below level 1.2750, we may expect it to drop as low as to level 1.0000.

2. Alternative variant. Upon getting to level 1.2750 there is a possibility of rebound followed by an uptrend development. In case the pair rebounds from 1.2750 and rises above level 1.3100, it will get to 1.4600.

Euro testeaza nivelul rezistenta @ 1,35 si ca atare ieri si azi am mers cu retracement-ul punind 2 pozitii long din care am castigat cumulat +31 pipsi verzi +1,4508 $ ; randamentul contului real este de +21,24% 7.94538 $ .