Circular Trend-Waves

Hi guys , I was not here for a while and ı just arrived home. After preparing something to eat I turned on the computer and looked at the charts , and honestly I really feel regret that I closed the orders so early. But its too late So this post will be some kind of outlook on EURUSD ...

http://img834.imageshack.us/img834/1073/daireler.gif

As you can see in the picture the pair has stopped at a really critical point , where both circular support and the channel support intersects(energy point). I really was not expecting this kind of explosive downtrend , but like always the market is the final decider. The zone in the black rectangle is the place which we shud really watch.In the following days the price shud meet some buyers. In other words these levels are really strong support levels for the pair. It has the potential for a reversal for a new trend or a retracement of the trend from 1,37s. But still we shud be careful and we shud wait for the pair to form a "bottom" and maybe a reversal pattern. In other words...we shud be careful and if there will be a bullish trend we shud somehow join that trend and these levels have the great potential for a reversal...

And , if these levels are strong enough to change the bearish trend into a new bullish trend then we shud know that the red circular resistence and the channel resistence will be the first walls that the bulls shud destroy...This strong resistence of the red circle and the channel resistence might cause a triangular consolidation zone which will be a nice formation for us...

Regards...

On the other side when we draw circles with the reference of the 1,37s and when we put the first 1 degree circle on the previous high we get the scale of the circle (93). And surprisingly the price has just stopped at 1,618 circular level. If we will have a bullish trend in the following days , then it is a big possibility that the trend will start from these levels. I know we cannot just trust a few circles drawn on the price chart but it is really interesting that 3-4 perspectives point the same conclusion..and this agreement of the perspectives strengthen the reversal possibility.

http://img12.imageshack.us/img12/1280/bogadalga.gif

And here is a bullish approach , and the price was expected to reach the exact levels we are "on" at the moment. At least it wud be nicer if the circular support made a small bounce and then the price reached its target , %50 of the bullish trend. But it somehow prefered to reach the target immediately. So here is the last picture of wat has happened...

http://img202.imageshack.us/img202/955/kanallar.gif

And here is the weekly perspective with the approach of Newton's theory :

"For every action , there is a reaction."

as I have seen in the market there is a strong relation between the action and the reaction. But this relation mostly respects round percentages like 0,05 - 1 - 1,05 - 2 - 2,05 ... And as you can see in the picture the reaction has reached 1,5x of the action and the reversal was confirmed with an enfulging pattern. Anyway , here is the final situation...

http://img809.imageshack.us/img809/7009/kareler.gif

EURUSD - We were already expecting a reversal at these points and now we have another perspective on our side too , which joined just with the close of Monday's daily candle. Honestly I was just expecting the price to build a kind of basement for the new bullish tower , like a consolidation area or something like that. But the big authority just didnt let it ruin the fact of 1,618. We seem to be reversing up

Regards...

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They are both relaxing ... maybe its the silence before the storm !!!

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EURAUD - There seems to be a nice bullish setup in this pair. But we shud be aware that there is still a strong 1,618 circular (red) resistence right above the price. This bullish trend (in case it happens) shud break the red circular resistence and start its journey to 2,0 circular resistence which is 1,618 of the green circle. I hope all of my pending BUY LIMIT orders will be activated with todays bearish trend.

On the other side we shud be aware of the opposite possibility that the price will break the ascending trendline and start a strong bearish trend. Considering this possibility I already placed my pending SELL STOP orders under the trendline...

Time will show ... Regards...

http://img823.imageshack.us/img823/3392/euraudx.gif

Run EURO run !!!

EURUSD ... The pair seems to have ruined our bullish plans. So its essential to join bears. First i ll share the two screenshots I prepared which will guide me through this bearish trend. Ok , here they are :

http://img820.imageshack.us/img820/6...rusddaily2.png

http://img109.imageshack.us/img109/9497/daireler.png

As you can easily see , the price has broken the circular support in the bigger scope (the second picture). That circular support , honestly , was a pivot circle in my perspective . So now it is the time to produce bearish scenarios. The price will surely visit the next circular support which is really the edge ! ın case that (yellow) circle is broken , then we can be sure of a giant bearish trend. ı do not know if fundamentals will let such things happen. But technically and circularly (a new word from me to the english terminology ) it seems so... So from this perspective the target for the price seems to be some place between 1,27 and 1,2650ish ...

The second picture is the zoomed in picture which tries to identify the bearish circular structure of the trend. And from this perspective the price seems to have broken both the horizantal and the circular support , which gives us a target of 1,2650ish. Honestly i am still not sure about the scale of the bearish circular structure , because it has not given me enough support and resistences which wud let me adjust the best scale. but for now this scale seems to be the best and the true scale... Anyway , we are on the way to 1,2650s (I think) ...

And here is another perspective where trend the %50 of the ascending channel. In this situation the first target of the price is supposed to be %38 of the channel (which is not drawn in the picture) ... But I will be trusting the targets which circles offer me...

http://img43.imageshack.us/img43/1676/channelo.png

Regards ...

it has been toooo boring in EURUSD for the last two weeks for us (daily chart traders with targets 150-200 pips). The price has been consolidating at the same level for a long time. When we wlook from the circular perspective it is not difficult to understand why we consolidated at the same levels for so many days...(you can see the icture below)... And this perspective easily convinces us that we are in a downtrend targeting the next circular suport like 1,2650-1,27s.

http://img842.imageshack.us/img842/917/buyuk.png

And the other perspective of envelopes with a 200 EMA in the center acting as a magneting field is broken. This means the price might go the same distance downwards with the distance it achieved to go to north after it broke the magnetic field in the upwards the direction. When we read the chart with this perspective the main target seems to be around 1,2360s , but before the price will need to give a break around 1,2670s which is almost the same with the circular target.

http://img571.imageshack.us/img571/1417/envelopej.png

As a conclusion , with so many perspectives showing the downwards direction , I think we will be around 1,27s soon ...

Time will show ...

USDCHF , being negatively correlated to EURUSD is another tobic we shud focus on. It has the symptoms of a reversing market structure.Ok lets make this more clear. When a new trend starts there are invisible beams coming out from that trend starter refernce point. And the price moves among these invisible beams (trendlines) during its journey. There have been many geometric traders talking about FANs with certain angles and as we know GANn is the one who serriously studied on angles in the market. Anyway , we talked about such stuff in the past. So I ll keep it short. When the market is bearish , the price breaks and breaks the trendlines which start from the trend starter reference point. And if we do not delete the broken trendlines , then in the end we get a fan which has almost the same angles like GANN told. But this "almost" "sameness" is not useful when we are trading , because we are trying to make money in this market , and we shud be careful... Oneday the price in that bearish market reverses back and breaks the fan resistence which tells us that the main trend is reversing... History repeats itself !!! So lets have a look when EURUSD started its uptrend :

http://img560.imageshack.us/img560/7194/eurupwards.gif

And now lets come to our main topic : USDCHF. The price was going in the south direction for a long time , and it was one-by-one breaking the trendlines in the upwards direction. And last week , the fan resistence was broken in the north direction , which gives us a clue about the bullish market which will last for many months ... Time will show everyhthing....

Regards...

http://img687.imageshack.us/img687/3020/usdchf1.png

İ think i shud share this screenshot about USDCHF too in order to show the effectiveness of the angles. I have been using this screen for a long while , thats why it looks complex with the old drawings. I want the viewers to focus on the circles and the three angle trendlines starting from the top. As you can see the price somehow achieved to go up 22,5 degree trendline and has been forming a bounce-up zone. It might be accepted as the establishment of the bullish trend !!!

http://img690.imageshack.us/img690/4505/usdchfh.png

This guy is amazing ....

God seems to be on our side....

http://img571.imageshack.us/img571/4778/eurusdu.png

Hi guys ;

Soon I will go to the army , thats why i will end this trade explorer thing today. So I will just share the result of 80 days with a gain of %100 profit. I think I already proved that this market is the slave of a strong authorty !!!

Regards...

EURUSD ... We still didn't touch the circular target and now we are watching a nice pull back which is a good reference zone for us to enter new short trades targeting deeper levels. The grey zone in the picture is the resistence zone which will be our reference in the following days ; and we will be bullish in case that grey zone is broken. Time will show ...

http://img29.imageshack.us/img29/6785/eurusdp.png

This is not about forex , so if you expect to read something about the analysis of the pair ... its not. ı am just bored at home and watching meaningless things on tv. Suddenly I just missed the session times , and drawing things on the price chart. This job really makes addiction ! I love it ... and the best thing about it is they give you money for the thing you love doing

I have been watching documentaries recently (day and night , non stop) ... And they were mostly about hunters in the nature. Cheetah , hawk , falcon , killer whale , lions ,... none of those amazing hunters had 100% performance. On the other side each of them were almost at the edge of excellence , and each of them had different weapons . Being excellent creatures , none of those hunters got positive results all the time. Did you know that a lion had %15 performance when he was alone ?

So we can come to a conclusion that nature never allows %100 performance. Maybe its a fair thing that nothing on this universe is perfect. The avarage performance of the hunters in the universe are like %50-%60 . If we accept forex as a battle ground and if we are the hunters on this land of forex , then we shud not expect %100 performance , moreover we shud be aware that %50 performance allows us to survice on this dangerous battle ground if we have discipline and if we know how to use our weapons in the most effective way. What are our weapons ?

- Money menagement
- Price action
- Strategies for different scenarios including the worst scenarios
- Relaxed psychology , no worrries
- Volume , by means of volume we can feel the smell of tthe bigger hunters , and maybe we can snack on their hunts too
- Analysis on the map , trendlines , such geometric stuff
- Being able to say "Its enough for today" and stop hunting more (anti-greed)
- Knowing the specialities of the battle ground (Basic characteristics of the air we trade)
- Knowing where to hide in the bushes and wait for the rice to visit that place
- being sure and trusting our own analysis and prediction , not giving up

Despite our unbelievable complex and excellent brains we need to be agood hunter ... then maybe we will oneday achieve to climb to the top of the food chain Dont forget , %50-60 performance is amazing as long as u know how to make advantage of it


Regards...

I am a muslim but the majority here is not So I hope everyone is having happy easter !!!

EURJPY ... There is a nice opportunity in this pair to join the trend. And I entered the trade at a zone where the potential double bottom will give good profits. A possible bullish trend will offer something like 400-500 pips . In case the grey support zone drawn in the picture is broken in the downwards direction , then we shud have a target around 113s which means also good profit. The thickness of the support or resistence zones change from pair to pair (according to ATR value) and JPY pairs have the thickest zone while entering a trade. So lets see what will happen ...

http://img803.imageshack.us/img803/3876/eurjpyu.png