Aud/usd system analysis

USD/CHF
Fibonacci

Dan

Mme, GREAT set of Trading Videos posted at your website!

THANKS...check'em out folks!

Dan

EUR/USD

WOW, what a week! Thanks for all the info this week Mme, the videos and also the calls...excellent!

Now, as we end the week, we get to see what story the candle close will tell...followed by the story that the new candle open will also tell. I can't wait!

Dan

GOLD

Dan

Baaaaaaam, Baaaaam, Baaaaaaaaaaaaaam, don't leave home without it, baaaaaaaaam

Daaaaaaaaaaan, you the Man, day by day, swing by swing

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GBP/USD STILL,AND NOW ADD THE EUR/USD

Eur/usd working through 8h fibs

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Keep very close eye on this one guys. EUR/USD 1H, REAAAAAAAAAAD THE CHARTS

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Daaaaaaaaaaaaaaaaaan, USD/CAD 1.0065 DONE AND GONE.

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Baaaaaaaaaaaaaaaaaaaaaaaaaaam, baaaaaaaaaaaaaaaaam. Baaaaaaaaaaaaaaaaaaaaaaaaaam

S&P 500

On october 4th, 2011 I have posted this one and anticipated the market will go to 1294 from 1073, and updates was posted during the period, today we reached as high as 1240, baaaaaaaaaam. Volume meter and Fibonacci don't lie, it is all there since the post, this one by itself is a 10 Million dollar trade.Baaaaaaaaaam. this is Big, huge boys trade, size 58.

http://www.forexfactory.com/attachme...7&d=1319064731

us dow, size 62 big, very big boys trade, above 11720, almost at the original target 11881, medics came according to fibonacci and the volume meter confirmation, baaaaaaaaaaaaam, this is very, very big boys trade.

http://www.forexfactory.com/attachme...7&d=1319064731

This is the best of all, Target by target, if you not going down, you must go up. Baaaaaaaaaaaaaaaaam

http://www.forexfactory.com/attachme...1&d=1319203933

Every time frame has its own Swings, Targets and Trouble areas. We analyze from the Large Time Frame down to the Small Time Frame. Even though we analyze from the Large Time Frame down to the Small, the Price Action moves from the Small Time Frame up to the Large. ALL OF THE TIME FRAMES ARE INTERTWINED. As the price action moves, it does so slithering like a snake walking its way up, down, or sideways. We always give more respect to the larger target support and resistance, targets or barriers.


EUR/JPY

Monthly candle chart is showing lower lows and lower highs. It has recently made a lower low and is now retracing.

Weekly chart shows that the two different downswings have reached Full Target 2 (102.12) and Target 1 (102.21). Now it has been retracing. If these areas are broken, and we have new lows, we continue with our swing down. If these areas hold, we will have to wait. We will wait to see where a low forms (two to the right, two to the left). Once this happens we can start to plot out a possible swing going up. But this will take time...if you don't have it move to a smaller time frame or a different currency.


Daily is showing some Monthly highs and lows. It also shows the first small swing up has reached full target 2.



480 is showing the first small swing up complete to target 2 and the second swing up with barrier 61.8 and sub-barrier 78.6.



Dan

GBP/JPY

Monthly candle chart shows the yearly box has made a lower low, the current monthly candle is retracing at this point. We do now have enough candles (in the monthly chart) to plot any swings up, so we have to look to previous support/resistance.

Weekly chart shows that we have completed the large swing down by reaching the full Target 2 (161.8). We have made a lower low, and currently sits above the Target 2.


Daily chart shows the Monthly Hi/Lo's. We work things level by level.




480 chart has two swings going on. We have the Larger timeframe swing down, which has sub-target 138.2. After we hit a target, we need time to relax or retrace. After reaching the 138.2 Sub-Target we retraced up to the 100% Target 1, then we came down just short of the 138.2. Then we retraced to the 61.8 (barrier) of the Larger downswing.


We can also look at the smaller swing up. Any time we use the Dynamic Fib levels (not regular fib levels, which are also useful!) we plot out the A/B/C. Once this is done we get our levels. The 61.8 is a very strong barrier, if we break this level we often go to Target 1 (100%). The 78.6% is a sub-barrier, this sub-barrier is sometimes respected but not as strong as the 61.8% barrier.

We take things level by level! If we break a level and get a good candle open beyond the break, we can look to the next level to reach. After the barrier is broken (and sub-barrier busted) we look to our target 1 (100%). Again, this is a Target...so if you reach it, expect a possible retracement. Then wait and see what the candles are going to do next. Are they going to make a new high, above the previous break of the 100%? If so, wait for a good candle open above this point and then look for your entry (break a level, retrace). When you're moving past the 100% Target 1 you look toward your Sub-Target 138.2, 150 and Full Target 2 1.618.

Any time you reach a target, expect a possible retrace. So the action can look like this. We move up to the 61.8 barrier and find resistance, we retrace. We approach the 61.8 barrier and break it, having a open beyond it. Once you get the good open beyond the barrier look toward the Target 1 (100%) giving some exception to the 78.6% sub-barrier. Once the target 1 is hit you do the same thing to (and toward) the Sub-Targets and Full Target 2. Level by level...level by level...level by level.

Every time frame has it's own Swings, targets and Trouble areas. You give more respect to the larger Targets. Also, when a larger target is hit it is a more significant event (to the candles). So there may be a decent (either) retrace or consolidation period.

We analyze from the large Time frame down to the small. ALL the time frames are intertwined. The price moves through the small time frame toward the larger time frames. So why do we analyze from the large down, if the price moves from the small...up? Because we have to know the more important areas, the areas to give more respect to.

If we are approaching a monthly level, what is more important...the 240, Daily, or Monthly? The largest time frame of course. What if we have a quarterly level nearby? Then that gets the most respect with any smaller time frames. If we analyze from the small time frame up, we will not have the correct perspective!






Dan

You are very good teacher Dan,

No no no! I had the best teacher, you!

Seriously

You are one of the best student I ever have, patience, discipline and no emotion, I am very proud of you Man

Quoting gonefishin

Disliked

No no no! I had the best teacher, you!

Seriously

Ignored

tons of fire works this week, get ready, i have them all