Metal_Mind's Blog

Avatar

Bollinger Bands Trade!


[list][/list]…
Read full story
Translate to English Show original
jezz avatar
jezz 9 Apr.

It was a good trade. Entry point at the price crossing the middle band (EMA anyway), SL triggered at the retracement - crossing the middle band again. And what does your lesson say to you?

Metal_Mind avatar

Well i should trust indicators  once in a while .

orto leave comments
Avatar

GBP/USD - 5 Years Range!


Charts: 4Hours, 1 Day,1 Week.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements, Pattern Analysis Widget,EMA 200,100,50.
Current Level :1.6757

GBP/USD on a 4 hour and 1 Day chart looks ready for a retracement and range in the month to come.On the weekly chart we can see the pair completed a double bottom & double top formation last month and continue climbing 50 pips into an area of major resistance zone of previous highs for the last 5 years ago.
The pair has made another
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1 : This prediction seem to be played out pretty well. The target has been retested at least 2 times now and  the price action is  hovering  between it. Current price level is 166.09 that beeing only a 19 pips deviation from target. This could be an extremly close prediction  if we would close the week without any major news releases.

Metal_Mind avatar
Metal_Mind 28 Mar.

UPDATE 2 : EXCELENT PREDICTION. The quality of the chart & prediction is overwhelming.I succeded to forecast accuratly the pound plummet.The market  has closed at 1.6643  price level.The target has been reached in the procces and current deviation is  15 pips. The prospects are great. I am a little worried though since we have 1 more day to go and the trend is strong  bullish. WIth that in mind the price might overshoot.

Metal_Mind avatar
Metal_Mind 31 Mar.

UPDATE 3:Current price level is 1.6665  which  increases  and almost double the deviation to 37 pips from previous 15 pips. The trend looks bullish,and from the look of it  the devition might increase even more. It is such a shame since  this prediction was very good.

Metal_Mind avatar

FINAL UPDATE : The price at the time of settelement was 1.6636 narrowing the  deviation to 8 pips . I am very happy with the result .

rokasltu avatar
rokasltu 2 Apr.

Good job!

orto leave comments
Avatar

GBP/CAD-Channel UP & Double Bottom!


Charts: 1 Day,1 Week.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8548

GBP/CAD after encounter a strong bearish retracement that took almost all the month of October & November,continued the rise of the bullish trend for more than 2000 pips until now.As the pattern analysis widget detected , the pair is in a channel up pattern of 54% quality & 45% magnitude which for sure will continue the next month.
I mainly based this 1 month predictio
Read full story
Translate to English Show original
Convallium avatar
Convallium 28 Feb.

good job!

Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1 :WRONG DIRECTION

orto leave comments
Avatar

EUR/CAD - Double Bottom!



Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels ,EMA:3,5,13,21,50,100.
Current Level :1.5196
EUR/CAD
pair has been bullish from mid August 2012 . I keep my last 3 months bullish perspective for this pair.This month the pair had experienced quite a range more than half a month after the berish retracement as the result of the last month 550 pips sharp bullish trend.
The pair moved at it's max 460 pips and now seems to be retracing since it retested and fai
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1: This prediction was pretty close. Agter reaching 1.5591  only 20 pips bellow target, the pair reversed and plummeted over 400 pips. I might anticipated the rally but failed to anticipate the plummet and with several days to go we can says that this predicion is over.

orto leave comments
Avatar

EURCAD -Double Bottom Retracement!!

Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.4390

EURCAD pair last month was ralying to complete the double bottom formation which succesfully has been achived as i predicted in my last monthly analysis.The pair reached a major resistance zone at (1.4451) from which the trend has retraced lower which was expected after such a long bull run. Looking at the chart bellow we can see the trend is in a bullish c
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 21 Nov.

UPDATE : This prediction is perfect . Direction & quality of waves is exceptional. The current level is 1.4165 which is 60 pips below target. With 10 days to go the hole picture looks very promising for this prediction.

Metal_Mind avatar
Metal_Mind 29 Nov.

UPDATE 2; The current price is at 1.44 over 200 pips from my prediction.

orto leave comments
Avatar

GBPAUD - Double Top


Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level :1.6863


GBPAUD has formed a double top formation, as can be seen on the red background of the chart. The trend has pulled back and now looks like a bearish start up. Both tops of the double top formation have each stopped at a fibonacci fan lines. The current level is (1.6863) and recently the trend found a support at (1.6643) from which had a strong
Read full story
Translate to English Show original
Maria_r avatar
Maria_r 27 Oct.

+1 Like

Daytrader21 avatar

Never trade this pair before, don't find it to have enough liquidity.

Metal_Mind avatar
Metal_Mind 21 Nov.

UPDATE 1 : THis prediction is wrong. It seems the pair had an extraordinary liquidity this month. Daytrader you may start trading it again :)

orto leave comments