Metal_Mind's Blog

Avatar

GBP/USD - Heavly consolidation!

  • Charts: 4Hours, 1 Day.
  • Elements used: Fiboancci Fan Lines, Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 1.6766
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
Metal_Mind avatar
Metal_Mind 25 June

UPDATE 1: Current price level is 1.6990 which is an over 200 pips deviation from target.From the current setup  i see the price leve very far from target.

Metal_Mind avatar
Metal_Mind 27 June

UPDATE 2: Deviation increased in the meantime to over 270 pips.

oderum Kommentare zu hinterlassen
Avatar

GBP/USD -Bearish Trend Reversal!

  • Charts: 4Hours, 1 Day,1 Week.
  • Indicators: Fibonacci Fan Lines,Retracements,CCI,Pattern Analysis Widget
  • Prepared with :JForex 4
  • Current Level :1.6638
[list=1][/list]…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
jezz avatar
jezz 30 Mar.

It was about time you wake up a little :)

Metal_Mind avatar
Metal_Mind 30 Mar.

:)))) Yeah. I am late . Only one day to go and so many analysis to do.

Metal_Mind avatar
Metal_Mind 21 Apr.

UPDATE 1: WRONG DIRECTION

oderum Kommentare zu hinterlassen
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
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige 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!

oderum Kommentare zu hinterlassen
Avatar

GBP/USD-Bull Run Stalls

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.6487

GBP/USD
has a major support zone at 1.4811 from which in July this year the pair started to show signs of a bull rise which latter had been confirmed as a lasting bull trend when it reached a major resistance zone at 1.6265.The pair encountered a 1 month and a half sideways movement and cosolidation before the November 13 breakout which bo
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
gmoney7 avatar
gmoney7 30 Dec.

Very perceptive analysis...

Metal_Mind avatar
Metal_Mind 28 Jan.

UPDATE 1 : CUrrent price level is 1.6573 which is only 24 pips bellow the target. Until now this prediction evolved acordingly as predicted but since there are so many days to go it is posible at the settlement time that this prediction might be far from target.

Metal_Mind avatar

UPDATE 2: Even though this initial deviation was only 24 pips the Friday close price is 1.6432 and increased the deviation by 160 pips now. We shall see if the pound has enough stregth to lift up and recover.

oderum Kommentare zu hinterlassen