Metal_Mind's Blog

Avatar

GBP/AUD -Result of Scotland voting NO!!!

  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines,SMA14,RSI,Time Markers.
  • Current Level : 1.8406
Read full story
Translate to English Show original
orto leave comments
Avatar

GBP/AUD - Preparing for sell trend!

  • Charts: 4Hours, 1 Day.
  • Elements used: Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 1.8233
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 25 June

UPDATE 1 : EXCELENT PREDICTION . This prediction is very good in terms of accuracy ,quality and price resemblence to my forecast. Curent price level is 1.8110  which  represents a 73 pips deviation bellow my target.With several days to come  we could see this one come true.

Metal_Mind avatar
Metal_Mind 27 June

UPDATE 2: The deviation increased to over 100 pips as a resut of a bearish corection. If the next week fundamental will help the pound ..the target may be meet.

Metal_Mind avatar

UPDATE 3 : Current price level is 1.8121  narrowing the deviation to 80. Its a bit high but with current volatility who now what may happen.

Metal_Mind avatar

UPDATE 3 Correction: The deviation narrowd to 60 pips not 80.

Metal_Mind avatar

FINAL UPDATE : The price at settlement was 1.8136  representing a deviation of 53 pips.

orto leave comments
Avatar

GBP/AUD- Bolinger Bands confirm's bullish trend!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget ,Bolinger Bands,EMA:3,5,13,21,50,100,200.
Current Level : 1.8551

GBP/AUD after encounter a strong bearish retracement that took almost all the month of October ,continued the rise of the bullish trend for more than 2000 pips until 24 January when it formed a new resistance zone at 1.9193 from where it comence a bearish retracement.
As the pattern analysis widget detected , the pair is in a channel up pattern of 83% quality & 100% magni
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

orto leave comments
Avatar

GBP/AUD-Channel Up!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8724

GBP/AUD after encounter a strong bearish retracement that took almost all the month of October ,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 50% quality & 49% magnitude which for sure will continue the next month & a half.At the current price level t
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 26 Feb.

UPDATE 1; Current price level is 1.8590 which is over 600 pips away from target.

Metal_Mind avatar

UPDATE 2: Current price deviation is over 300 pips below the target.

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