Community Blog

Filtered by tags:  Shoulders
Avatar

EUR SGD

Divisas: EUR SGD
Los indicadores utilizados: análisis de precios, normas técnicas, MM200.
Gráficos utilizados: gráfico semanal, gráfico diario
Descripción Análisis: El gráfico semanal podemos ver diferentes cosas donde primero las definiré por separado y luego en conjunto: primero tenemos un canal bajista marcado en color rojo. Lo segundo es una figura de cambio de tendencia de Hombro, Cabeza, Hombro. Lo tercero es un volumen considerable marcado en rojo. Lo cuarto es una extensión marcada en co…
Read full story
Translate to English Show original
orto leave comments
Avatar

EUR/NZD -W pattern!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
  • Prepared with : JForex 4.
  • Current Level : 1.5866
Read full story
Translate to English Show original
orto leave comments
Avatar

First Trade Ideea on GBP/JPY !

This is my first trade ideea for this month. While doing my analysis i discovered a very nice big range development on the GBP/JPY. I went through other yen pairs but this one seemed more prolific.Excepting the all recent rather chaotic move on yen croses i sow a rather predictble pattern on this one.From the looks of it we seem to have an inverted head & shoulders. I studied past price action and find some similarities. I found another moment very recent were after a range on a daily
Read full story
Translate to English Show original
orto leave comments
Avatar

NZD/USD-Break Trangle Pattern!


Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8270
NZD/USD last month looked as being in a head & shoulders pattern. I predicted that there will be some moves into completing this pattern but the price action moved within a large elongated range that contured the Triangle pattern .
The pattern analysis widget detected a triangle on a 1 Day chart, having a 78% quality and a 100 % magnitude which makes it a ''crystal clear'' pa
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

orto leave comments
Avatar

NZDUSD- Elongated Range !


Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8320

NZD/USD last month looked as being in a head & shoulders pattern. I predicted that there will be some moves into completing this pattern but the price action moved within a large elongated range .The pair current bias looks like another higher support zone is the very next move instead of any bearish move.
The pattern analysis widget detected a triangle on a 1 Day c…
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 27 Feb.

UPDATE 1: EXCELENT PREDICTION>This prediction seem to be accurate and of high quality.The range that i predicted really occured. The current price level is 0.8362 which is only 49 pips bellow my target. I am really excited about this prediction . I found it really great and accurate. I think it could be my best this month.

Metal_Mind avatar

UPDATE 2; This prediction seems to hold ground. The current price level is 0.8390 which represent only a 31 pips deviation bellow my target. With tommorow to go we could see this prediction as beeing extremly accurate.

jezz avatar
jezz 2 Mar.

Hmmmm, what are the odds of having a major break tomorrow?

Metal_Mind avatar

UPDATE 3: Current pricel level is 0.8367 and the trend seem set for a retracement rather than going higher. This prediction has a 54 pips deviation from target.WIth one hour to go anything can happen.

Metal_Mind avatar

FINAL UPDATE: Deviation at settlement was 64 pips which is very far from target :(.

orto leave comments
Avatar

NZD/USD-Head&Shoulders in Range


Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines ,Retracements,Support & Resistance Levels,Time Markers,RSI, EMA 200,100,50.
Current Level : 0.8175

NZD/USD break of the 0.8192-0.8214 area 23.6% Fibonacci retracement level, Oct 2 low confirms a Head and Shoulders top at 0.8544.As can bee seen on the chart below there has been two failed attempts to break the 0.8410 level which can be counted at the second shoulder of the head & shoulder pattern.
In the last month NZD/USD has moved within a…
Read full story
Translate to English Show original
geula4x avatar
geula4x 26 Dec.

+1 Liked: Nice analysis, combining different technical tool! Happy trading :-)

Metal_Mind avatar
Metal_Mind 28 Jan.

UPDATE 1: Current price level is 0.8262 which is a 140 pips deviation from target. With several days to go this might be a close prediction.

Metal_Mind avatar

UPDATE 2: This seems to be extremly volatile these days.The current price level is 0.8074. It made a bearish rally of 200 pips in just 2 days. Also the target has been already hit. The deviation now is much smaller and is 48 pips bellow from target. The pair really look to be heading down,but if we have a retracement tomorow we could have a very close price to the target.

Metal_Mind avatar

UPDATE 3 : With over 2 hours to go the current price level is set at 0.8116 and the price is moving in a range. This means a 0.06% deviation. It's quite an excelent prediction. The quality of the prediction also is remarkable.

Metal_Mind avatar

FINAL UPDATE : Price at 12 :00 was 0.81107 meaning a 11 pips deviation 0.11%. This prediction really played with my nerves. After such an excelent month and great quality of trand in last minute it had a bearish retracement. What is more crazy is that after 1 minute 12 :02 the deviation became only 0.04% the price reaching 0.81185. The outcome 0.11% is good but compared to 0.04% is frustrating.

orto leave comments