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CAD/HKD on the way to the new highs

Situation:
In the long term prospective the price is in an uptrend. The chart showed higher high and lower low formation.
Th eprice bounced from what i tend to believe is the new lower low, going to reach the new higher high.
Expected rate: 6.533
Weekly chart:
On the weekly chart i pointed out the main idea and important levels around which the price should come around.
Daily chart:
Possible scenario is described
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Shuael avatar
Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

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Trading philosophy

" High Risk , High Return "
"Acceptable Risk , Trading for a living " .
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USD/JPY-From Range to Breakout!


Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements,EMA 200,100,50.
Current Level :102.08

USD/JPY after two monts ago reached an high at (105) level has begin retracing to (102) price level , which lasted most of January.The dollar hited a 1 month low.The current price level hit fibonacci retracement level 38.20%(102.20) and from the look of it ,last month i belived we would have by now a bullish trend at (104) price level.
That has not happend , the pair moved all
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Convallium avatar
Convallium 28 Feb.

I like your prediction)

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Metal_Mind 27 Mar.

UPDATE 1: Currently the trend is in a range. On 17 march  the pair  reach an  low at 101.20 which was on the right track and closer to my target. Current price level now is 102.22 which is  an 220 pips deviation .This big range started on 3 February and now has pass over 2 month. Personally i see a bearish brekout soon and this prediction will be quite good even if the timming won t be so precise.   

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Metal_Mind 28 Mar.

UPDATE 2: Friday closing price was 102.84  sending the deviation to more than 240 pips.

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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
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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.

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GBP/NZD-Breaking the Channel down !!

Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 2.0084

GBP/NZD as can bee seen on the chart bellow is in a channel up pattern formation,but there is very interesting about this particular formation. If we look closely we can see that while forming this channel up the pair made 3 resistances each one higher than the other and 2 (highers low) supports . I analyze this pair for quite some time now and i see here a distinct …
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Metal_Mind 27 Mar.

UPDATE 1: WRONG DIRECTION

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EUR/USD - Visual Analysis!


Charts: 4Hours, 1 Day.
Elements used:Fibonacci Fan Lines,Retracements;Percent Lines;EMA,3,5,13,21;MACD;Time Markers.
Current Level : 1.3497
EUR/USD
pair in my wiew is one of the most , if not the most hard pair to predict accurately. The fact that it comprises these 2 great economies the United States & European Union it's younger ''brother'' makes it so hard to predict. The monetary policy of the EU and the fact that not all countries have euro as currency makes this pair react
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Metal_Mind 26 Feb.

UPDATE 1: Current price level is 1.36 over 300 pips above my target. With some major good news for the dollar the prediction may be in the books.

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UPDATE 2 : Current price level is 1.3799 which is over 420 pips above the target.

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EUR/NZD-Kiwi strengthens on Christmas Eve!

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.6705

EUR/NZD is definatly set for a bearish retracement from current bullish trend. The pair is currently moving within fan lines and fibonacci retracements retesting important price levels ,support & resistances.Next move that i expect is a run until (1.64) price level followed by a bullish run, that in the second part of January.
I expect for
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geula4x 26 Dec.

+1 Liked: Nice analysis. Thanks for sharing! Happy trading :-)

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Metal_Mind 28 Jan.

Update 1: The current price level is 1.6532 which is more than 270 pips bellow the target. The current setup look promising and the pair may see a bullish rise in the days to come.

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UPDATE 2: Well we seem to have an improvement on this pair . Friday closing price was 1.6668 which reduced the deviation to 146 pips currently. The outlook is pretty good. The current trend looks exactly as draw in my chart. Quality is exquisit. Hope just the euro will be strong enough to hit my target.

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GBP/NZD- Retest retracement!

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :2.0001

GBP/NZD has made a strong bullish move starting November 21 of almost 600 pips making also a new high at 2.0243 from which it etraced lower.On the chart bellow we can see a major support & resistance zone on which this pair has been struggling every time it try to break lower or higher.
The pair bias is bullish on the long term with prospect of breaking 2.
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geula4x avatar
geula4x 26 Dec.

+1 Liked :-)

Metal_Mind avatar
Metal_Mind 28 Jan.

UPDATE 1 : Current price level is 2.0052 which is more than 500 pips above the target. The price action really did a 500 pips plunge and reached my target but the pair recovered the loss and is now on bullish track.I may not been accurate on this prediction but the bearish setup was correct and i also trade it on live.

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UPDATE 2: Deviation 800 pips from target.

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GBP/CHF -Dance higher & lower bypassing range.

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements ,Support & Resistance Levels , MACD .
Current Level : 1.4505

GBP/CHF
has a pretty interesting set-up right now.There were some signs last month that looked like the pair will brake lower forming a bearish trend but all the worries has vanished now. We have a very strong support zone at (1.4040) level from which the price has only moved higher forming higher highs & higher lows.The 1.4816 level is a pretty important le
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Metal_Mind 28 Jan.

UPDATE 1: EXCELETNT PREDICTION. Current price level is 1.4886 which is 70 pips above the target. The target has been reached already and the price action completed the bull run that i predicted. We will see what happens.

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UPDATE 2: This pair has moved in a bit of a range , mainly after breaking the 1.51 price level. Current price level is 1.4882 which is 66 pips deviation above my target. If we take a look at the chart this pair is definatly heading up so this is not good for my target. I just hope for small activity tommorow and a stronger ''swiss franc'' against the ''pound''

Metal_Mind avatar

UPDATE 2: This pair has moved in a bit of a range , mainly after breaking the 1.51 price level. Current price level is 1.4882 which is 66 pips deviation above my target. If we take a look at the chart this pair is definatly heading up so this is not good for my target. I just hope for small activity tommorow and a stronger ''swiss franc'' against the ''pound''

Metal_Mind avatar

UPDATE 3: With 15 minutes to go the current price level is very close. Current level is 1.4774. The target has been already reached in the large sell trend. The deviation is only 42 pips, and if the pair starts a retracement this prediction could be extremly close to target.No matter the result this prediction is trully a great one.The price action developed similary with my prediction.

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FINAL UPDATE : The settlement price was 1.4769 meaning a 47 pips deviation .0.47%.

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Music Mondays: Watch with me. (video with me)

This music mondays is very different.
I decided to make a video. If you go to the youtube site you can read the info there.
I should warn you to turn the volume down when the music starts. It ended up being louder than expected.
I used a new editing software and it's a trial version and so there is that publicity on it. Sorry about that. It wasn't there when I was editing and then showed up after I saved and played back the video again. UGHHHH!
Please expand, like, comment and enjoy.
Also here i…
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DumbAsArock avatar

I like the video of you better than the music video.

Neetu avatar
Neetu 29 Oct.

Thanks!

drishti avatar
drishti 30 Oct.

Wooooo. Nice video. :))

Waves avatar
Waves 30 Oct.

fun

Roopy avatar
Roopy 31 Oct.

I really liked this actually. you should share more videos like this, your personality really shows and brings me up.

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