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Circular Trend-Waves

  • #241
  • Jan 18, 2014 9:37am Jan 18, 2014 9:37am
USDCHF ... As a trader still expecting a huge downtrend in this pair , I will not ignore bearish trend reversal potentials. So now here we have the double top possibility in the daily chart which gave me the chance to enter short orders . Definetely I have Plan B in case the price decides to go upwards. Thats why ı placed a pending BUY STOP right above the yellow resistence zone.

http://img11.imageshack.us/img11/9836/88jd.png


http://img577.imageshack.us/img577/4752/uz5j.png


http://img827.imageshack.us/img827/4710/aj4n.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #242
  • Jan 18, 2014 3:32pm Jan 18, 2014 3:32pm
“Learn from yesterday, live for today, hope for tomorrow. The important thing is to not stop questioning.”

Albert Einstein

“The fact that we live at the bottom of a deep gravity well, on the surface of a gas covered planet going around a nuclear fireball 90 million miles away and think this to be normal is obviously some indication of how skewed our perspective tends to be.”

Douglas Adams

“An expert is a person who has made all the mistakes that can be made in a very narrow field.”

Niels Bohr

“Everything you can imagine is real.”

Pablo Picasso
Imagination rules the world ...
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  • #243
  • Jan 20, 2014 5:28pm Jan 20, 2014 5:28pm
EURUSD ... ı just want to upload the updated version of the circles with some extra trendlines and smoothed energy points. The price is now above a potential bounce level (the mid yellow trendline) which I expect to be broken. Despite my bearish expectations I still put a pending BUY STOP above my decisive zone in order to make pips from a sudden explosive trend (in case it happens). For now I expect the price to end its journey at 3260s in the beginning of March.

Please pay attention to how the price respects the red circular support and moves on it. Its really amazing !

Regards...

http://img32.imageshack.us/img32/5570/f6ms.png

Imagination rules the world ...
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  • #244
  • Jan 23, 2014 6:42pm Jan 23, 2014 6:42pm
It was a day full of action for the market today , I made some pips with almost every pair except stupid EURJPY , and I think this week is almost over , so I shud wait for the next week for acceptable profits. Anyway what I will talk about is XAUUSD which has retraced back to the resistence zone just like I showed in the previous posts , and now I just want to upload the final chart with possible supprts and resistences for the price.

Anyway , here is the chart , and I today added an extra short at 1262s targeting 1110s ...

http://img707.imageshack.us/img707/8146/0wvd.png

Imagination rules the world ...
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  • #245
  • Jan 29, 2014 6:56pm Jan 29, 2014 6:56pm
The fact that EURUSD has located itself above a key level for me , and the fact that USDCHF has located itself below a key level for me - considering that these two pairs are negatively correlated - strengthens my weakening USD hypothesis And as repo9rted in the previous posts I have bigger timeframe biased reasons too for both of the pairs. So what I want to show now is the USDLFX chart and the descending trendline which is a key level again for me , and it was not broken in the north direction today despite the data released today. This situation has been another confirmation for me ... Time will show everything

http://img837.imageshack.us/img837/3308/suzh.png

Imagination rules the world ...
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  • #246
  • Jan 31, 2014 3:36pm Jan 31, 2014 3:36pm
EURUSD ... The pair recently is so volatile which makes the market more and more attractive. Being a bullish biased trader (long term) I have been focusing on bullish signals for a long time . I just entered short orders just to obey the rules of my strategy which later turned out to be serious orders.Now I am holding a short position that was triggered at 3565 , but at the same time I try to think two-sided in order to not miss bullish opportunities. Thats why I placed my small BUY orders between 3545-3510 targeting 3800s.And in case those small BUY orders are stopped , then my pending shorts will be activated and will be targeting 3200s.

Well , here are the two pictures which will make it more clear. The first one is the H&S pattern - the neck line is broken -and so we can create scenarios for 1,3024s which is %23,6 of the uptrend starting from 2756s. Another interesting thing is %50 of the huge uptrend starting from 2041s approximately confluences the %23,6 of the smaller uptrend and the H&S pattern target. In other words we have three references pointing out the same price :

1- H&S pattern target around 3025s-2950s
2- %23,6 of the uptrend starting from 2756s is 3024
3- %50 of the huge uptrend is at 2967

To sum up the potential target for the downtrend is somewhere between 3025s and 2950s :

http://img838.imageshack.us/img838/465/3buh.png

http://img196.imageshack.us/img196/3628/86yo.png

Another perspective is the fan lines drawn starting from the 2041 pivot candle. The orange coloured trendline seems to be the strongest and its penetrated in the downwards direction this week. So we can say that the price will be going down to the next fan support... Here is the picture...

http://img607.imageshack.us/img607/6835/fdj7.png
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #247
  • Feb 1, 2014 6:14pm Feb 1, 2014 6:14pm
Quoting selym_co
1- H&S pattern target around 3025s-2950s
2- %23,6 of the uptrend starting from 2756s is 3024
3- %50 of the huge uptrend is at 2967

To sum up the potential target for the downtrend is somewhere between 3025s and 2950s
I just wanted to draw some circles on the chart in order to understand the anathomy of the bearish trend. After finding the best scale for the bearish trend structure I added 1,618 and 2,168 and 3,618 and so on on the chart to see potential supports during the journey to lower levels. Moreover I added three trendlines with the angles of minus 22,5 - 45 - 67,5 degrees. And its so obvious that such angled trendlines has guided the price up to now.

http://img196.imageshack.us/img196/8328/o6l5.png


To sum up ; I can say that the next station for the running down train is the 2,618 circular support and the minus 45 degree trendline intersection , approximately 3380s. we might have ups and downs between the circular supports and the resistences. And the interesting thing is the interesection of minus 45 degree trendline and the 4,618 circle is at about 2990s which was our target in the previous post.

Time will tell the truth !!!
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #248
  • Feb 4, 2014 11:58am Feb 4, 2014 11:58am
USDJPY ... After taking some pips in this pair , today we have a pull back which teases my desire to win more pips. That is why I placed some pending SELL orders right into my reference zone. I hope the bulls will be strong enough to activate my SELL LIMIT orders as soon as possible. Especially the LFXJPY chart has changed my bullish bias in JPY pairs , so Just like USDJPY I will be looking for bearish setups in EURJPY and GBPJPY in the following days.

Time will tell the truth ...

http://img541.imageshack.us/img541/581/dn53.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #249
  • Feb 4, 2014 12:38pm Feb 4, 2014 12:38pm
The price is still respecting the green circular resistence. According to my calculations the price shud touch 3380s until Wednesday daily close , almost 28 hours left. Waiting and waiting ...

http://img33.imageshack.us/img33/4190/x2cp.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #250
  • Feb 5, 2014 5:18pm Feb 5, 2014 5:18pm
USDJPY ... The price has retraced back and gave me another chance to jump on the train. First of all the trendline is broken , which is the trigger for a fall. On the other side , the horizantal resistence zone was tested and confirmed by todays candle. This situation has given me a signal that the price might start a bearish trend from this zone down to 97,00s. I sold with 0,03 up to now and placed a pending SELL order above , which I hope to be activated by the bulls while I am sleeping.

Good night to everyone ...

http://img842.imageshack.us/img842/3616/4yvt.png

http://img32.imageshack.us/img32/8283/0nlm.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #251
  • Feb 6, 2014 2:46pm Feb 6, 2014 2:46pm
Quoting selym_co
USDJPY ....I sold with 0,03 up to now and placed a pending SELL order above , which I hope to be activated by the bulls...
The bulls were strong enough to activate my pending SELL orders at 101,78 and 102,09. And ı will not add any more SELL orders after this , and I will just play the card of "waiting" . Time will tell the truth...
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #252
  • Feb 7, 2014 8:47am Feb 7, 2014 8:47am
GBPJPY ... The pending SELL orders which I placed before going to bed last nite were all activated by the bulls today. All ı need to do after this moment is to wait only. But on the other side when I skip to the weekly chart ı can seaily see the amazing bullish pinbar which is about to be completed. And that weekly pinbar can be accepted as a decisiveness indicator for the bulls , and their desire to see uppper levels. So in case the weekly candle ends at these levels we will need to skip to Plan B.

http://img713.imageshack.us/img713/3870/tl0s.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #253
  • Edited 1:38pm Feb 7, 2014 12:44pm | Edited 1:38pm
Quoting selym_co
The price is still respecting the green circular resistence. According to my calculations the price shud touch 3380s until Wednesday daily close , almost 28 hours left. Waiting and waiting ... {image}
The price always prefers to do the things I expect the least It seems that it was stopped by the -45 degree line of the bearish trend. Today's highest price will remain as the swing HIGH in the following days , and after monday we will be face to face strong bear attacks. Anyway , here is the screenshot ...

http://img842.imageshack.us/img842/7717/cyxq.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #254
  • Feb 8, 2014 12:55pm Feb 8, 2014 12:55pm
“A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.”

George Bernard Shaw

“Painting is poetry that is seen rather than felt, and poetry is painting that is felt rather than seen.”

Leonardo da Vinci

“A painter should begin every canvas with a wash of black, because all things in nature are dark except where exposed by the light.”

Leonardo da Vinci

“Art is the lie that enables us to realize the truth.”

Pablo Picasso
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #255
  • Feb 9, 2014 12:32pm Feb 9, 2014 12:32pm
Just to have it in my trade archive , I want to post the same thing here ...

Quoting selym_co
Hi Olu , I just saw your post. I wanna share another perspective (my detailed long term expectation chart) where the price has ended the week at an interesting place. First of all , the two top pivots which I marked with black little circles seem to be twin towers with similar strength and similar characteristics. The bullish trend was strong enough to break it in the north direction which made me believe that the price will be around 110s around February next year. But surprisingly the price retraced back to the circular support which was really...

http://img854.imageshack.us/img854/1920/5na9.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #256
  • Feb 12, 2014 10:34am Feb 12, 2014 10:34am
GBPJPY ... Riding the trend at the moment and my TP is 171,00. The trendline seems to be an obstacle for the bullish trend. That is why I will say enough for 225 pips while risking 200 pips. On the other hand I will still be looking for bullish entry opportunities even after reaching my target.

http://img268.imageshack.us/img268/7726/onni.png


EURAUD ... The price has activated all of my BUY orders between 1,5110 and 1,5023 . If we do not see a reversal here at this zone then the price will head to south and activate my pending SELL STOP order whilst stopping my BUY orders. Then I will be targeting at least 1,5 of the risked amount.

http://img593.imageshack.us/img593/58/6w8j.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #257
  • Feb 12, 2014 12:47pm Feb 12, 2014 12:47pm
Quoting selym_co
It was a day full of action for the market today , I made some pips with almost every pair except stupid EURJPY , and I think this week is almost over , so I shud wait for the next week for acceptable profits. Anyway what I will talk about is XAUUSD which has retraced back to the resistence zone just like I showed in the previous posts , and now I just want to upload the final chart with possible supprts and resistences for the price. Anyway , here is the chart , and I today added an extra short at 1262s targeting 1110s ...
All of my SELL orders between 1257 and 1285 were stopped at 1293 , and at the same time 1293 activated my pending BUY STOP order (0,08) targeting the first circular resistence around 1350 (in case a breathless bullish trend hapens) . The time spent will be my advantage , and disadvantage for the fat guys, becausde the circular resistence will move up at every weekly candle spent. most probably this move will be the first impulsive action of the long term bullish trend in GOLD.

http://img607.imageshack.us/img607/5338/4unr.png



Imagination rules the world ...
Selym Hyll Return This Year: na
  • #258
  • Edited 12:55pm Feb 14, 2014 11:06am | Edited 12:55pm
GBPUSD ... The pair has reached the 1,618 circle which is a natural cycle limit in my perspective. So I just realized my BUY orders at 6717 which I planned to realize around 6730. So I can say that I missed 13 pips Later I placed a 0,06 short order targeting deep levels with a little reliebility. Yes, I expect really higher price levels in this pair and the recent short order is just the requirement of the strategie -to never underestimate any trend potentials.

http://img691.imageshack.us/img691/5619/8f6h.png


By the way , here is the long term road-map , and the first target for the bulls seem to be 7330s ...


http://img38.imageshack.us/img38/8983/mmei.png


Imagination rules the world ...
Selym Hyll Return This Year: na
  • #259
  • Feb 14, 2014 12:43pm Feb 14, 2014 12:43pm
Quoting selym_co
GBPJPY ... Riding the trend at the moment and my TP is 171,00....
Considering the fact that the week is almost over , I decided to realize the profit and not have it "on" during the weekend. So the result is 193- (29+29+20) = 115$ which is fine. Honestly my expectation of bearish trend on JPY pairs was effective on this decision too. Time will show everything...

http://img545.imageshack.us/img545/6748/agvz.png

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #260
  • Feb 14, 2014 5:02pm Feb 14, 2014 5:02pm
The weekend song ....

Inserted Video




I'm friends with the monster that's under my bed
Get along with the voices inside of my head....
Imagination rules the world ...
Selym Hyll Return This Year: na
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