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Articulate's MasterCharts Trading Style

  • #141
  • May 23, 2014 2:52am May 23, 2014 2:52am
UPDATE - MAY 2014

Prices have remained stagnant in the last 4 months and 6 months in a few cases prices have been consolidate between 500-1000 pips for most of the currency pairs.

As it is there is nothing new or interesting until PA breaks out of the current 4-6 months consolidation (concrete zones) for most pairs. By now a smart trader on this thread would have understood how to take advantage of this monthly consolidation. See some of the current monthly charts for some major pairs below.


Enjoy your day!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD MAY 2014 6 month.jpg Size: 65 KB
Click to Enlarge Name: EURUSD MAY 2014 monthly.jpg Size: 63 KB
Click to Enlarge Name: GBPJPY MAY 2014 6 Months.jpg Size: 68 KB
Click to Enlarge Name: GBPUSD MAY 2014 6 Months.jpg Size: 58 KB
Click to Enlarge Name: USDCHF MAY 2014 8 months.jpg Size: 67 KB
Click to Enlarge Name: USDJPY MAY 2014 6 Months.jpg Size: 65 KB
  • #142
  • Edited 4:34am Jun 30, 2014 1:50am | Edited 4:34am
SPOT THE DIFFERENCE - JUNE 2014

From January 2014 year prices have been consolidating 500-1000 pips for most of the currency pairs. As it is there is nothing new or interesting until PA breaks out of the current consolidation (concrete zones) for most pairs. Trading this consolidation, we have achieved our 2014 annual targets for most of our accounts. It is very easy to take advantage of the monthly consolidation (concrete zone) and benefits from the several bounces on the lower time frames (most effective Daily, H8 and H4 candles) within the concrete zone.

For example, see May and June charts for GBPJPY and spot the difference if you can. The Daily and H8 charts show the several bounces within this zone in the last 6 months. You can print the monthly charts for other pairs and compare them with my May Update to see the bigger picture. A trader will not experience long-term success until be begins to see the bigger pictures.

Enjoy the rest of the month!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY MAY 2014 6 Months.jpg Size: 68 KB
  • #143
  • Jun 30, 2014 1:51am Jun 30, 2014 1:51am
Month chart for June 2014
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD -Monthly June.png Size: 16 KB
  • #144
  • Jun 30, 2014 1:51am Jun 30, 2014 1:51am
Daily & H8 Charts for June
Attached Image (click to enlarge)
Click to Enlarge Name: ChartView.png Size: 19 KB
  • #145
  • Jun 30, 2014 1:52am Jun 30, 2014 1:52am
H8 Chart
Attached Image (click to enlarge)
Click to Enlarge Name: ChartView - H8.png Size: 21 KB
  • #146
  • Oct 21, 2014 10:59am Oct 21, 2014 10:59am
  •  Owl
  • | Joined Dec 2012 | Status: FX Siphoner Of Symphonies | 435 Posts
Quoting Articulate
H8 Chart {image}

Hey Articulate What say ye about this last quarter
of the year coming up..do you have anything to
add we should look out for? I always appreciate
your input around here thanks for the insights...
One Must Use A Noble Rapier To Pierce The Veil Of Mystery
  • #147
  • Nov 24, 2014 5:08am Nov 24, 2014 5:08am
Quoting Owl
{quote} Hey Articulate What say ye about this last quarter of the year coming up..do you have anything to add we should look out for? I always appreciate your input around here thanks for the insights...
OCTOBER- DECEMBER 2014 ANALYSIS/UPDATE

As I have mentioned the major currency pairs consolidated between 500-1000 pips in the first two quarters of 2014 (Jan-June). Most of major pairs broke out of their consolidation zones higher in the 3rd and 4th quarters, while quite a few broke below their consolidation zones . The constant factor is 500 pips and the direction of monthly and weekly charts. I will use the price actions for a few major pairs to for these analyses.

I still repeat, if you trade in the direction of the weekly candle, you can never miss your way. As you can see in the explorer spite of the ups and downs in the year, a return of 35% profit and probably more before the end of the year is not a bad return.

In essence, go to your weekly chart and trade the direction of the weekly candle 500 pips at a time. I will now post the analysis for some few pairs.
  • #148
  • Nov 24, 2014 5:15am Nov 24, 2014 5:15am
GBPJPY

The GBPJPY opened the year at 175 and dropped to 165 in February. The trading range for the 4 quarters in 2014 are as follows:

Jan-March - 165-175
April-June - 170-174
July-Sept - 170-180 – Strong bull
Oct-Date - 170-185? – Bullish continuation

There is the issue of the snap election in Japan and the dragon is on a strong bullish run since October. What do I see? 190 appears very close, while the strong resistance at 200 is not far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from 185 as follows:

For Bullish Run

 

  1. 185-190
  2. 190-195
  3. 195-200

For Bearish Reversal

 

  1. 185-180
  2. 180-175
  3. 175-170


The long-term picture from the monthly chart is that the bullish run since 120 in June 2012 (over 6500 pips so far) is still intact.

See the weekly and monthly charts below.

Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYMonthly - November.png Size: 22 KB
Click to Enlarge Name: GBPJPYWeekly - november.png Size: 27 KB
  • #149
  • Nov 24, 2014 5:17am Nov 24, 2014 5:17am
USDJPY

The USDJPY opened the year at 105 and dropped to 100 in February. The trading range for the 4 quarters in 2014 are as follows:

Jan-March - 100-105
April-June - 100-105
July-Sept - 100-110 – Strong bull
Oct-Date - 105-120? – Bullish continuation

There is the issue of the snap election in Japan and the dragon is on a strong bullish run since October. What do I see? 125 is very close, while the strong resistance at 145 is not far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from 120 as follows:


For Bullish Run

120-125
25-130
130-135

For Bearish Reversal

120-115
115-110
110-105

The long-term picture from the monthly chart is that the bullish run from 75 since June 2012 (almost 4500 pips so far) is still bullish.

See the monthly and weekly charts below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYMonthly - November.png Size: 22 KB
Click to Enlarge Name: USDCADWeekly - November 2014.png Size: 27 KB
  • #150
  • Nov 24, 2014 5:23am Nov 24, 2014 5:23am
GBPUSD

The GBPUSD opened the year at 1.6300. The trading range for the 4 quarters in 2014 as follows:

Jan-March - 1.6300-1.6800
April-June - 1.6800-1.7200
July-Sept - 1.7200-1.6300- Strong bear
Oct-Date - 1.6300 -1.5580 – bearish continuation

What do I see? 1.5300 is very close, while the strong resistance levels at 1.4800 and 1.4300 are far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from 15800 as follows:

For Bearish Run

1.5800-1.5300
1.5300-1.4800
1.4800-1.4300

For Bearish Reversal

1.5800-1.6300
1.6300-1.6800
1.6800-1.7300

The long-term picture from the monthly chart is that the bullish run from 1.4800 in July 2013 was reversed in July 2014 and we are on extended bearish reversal since then. If 1.4800 support is broken by the monthly candle, then the reversal is complete

See the monthly and weekly charts below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly - November monthly new.png Size: 36 KB
Click to Enlarge Name: GBPUSDWeekly - November.png Size: 32 KB
  • #151
  • Nov 24, 2014 5:31am Nov 24, 2014 5:31am
EURUSD

The EURUSD opened the year at 1.3700 and fell 1.3500 in February. The trading range for the 4 quarters in 2014 are as follows:

Jan-March - 1.3500-1.4000
April-June - 1.3500-1.4000
July-Sept - 1.3500-1.2500- Strong bear
Oct-Date - 1.2500 -1.2350 – bearish continuation

What do I see? A race to the strong support at 1.2000 since 2006 is a strong possibility. The best strategy between now and the end of 2014 is to closely monitor 1000 pips in either direction from 1.2500 as follows:


For Bearish Run

1.2500-1.2000
1.2000-1.1500

For Bullish Reversal

1.2500-1.3000
1.3000-1.3500

The long-term picture from the monthly chart is that the price is extended bearish from 1.4000 since May 2014. 1.2000 is the place to watch.

See the monthly and weekly charts below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDWeekly - November.png Size: 37 KB
Click to Enlarge Name: EURUSDMonthly - November.png Size: 40 KB
  • #152
  • Edited 5:52am Nov 24, 2014 5:38am | Edited 5:52am
AUDUSD

The AUDUSD opened the year at 0.8650 and rose 0.9500 by April 2014. The trading range for the 4 quarters in 2014 are as follows:

Jan-March - 0.8500-0.9500
April-June - 0.9000-0.9500
July-Sept - 0.9500-0.8500- Strong bear
Oct-Date - 0.9000-0.8500– bearish continuation

What do I see? The price is back where it started in January 2014. If the trend continues, a kiss of 0.8000 is a very strong possibility. The best strategy between now and the end of 2014 is to closely monitor 1000 pips in either direction from 0.9000 as follows:

For Bearish Run

0.9000-0.8500
0.8500-0.8000

For Bullish Reversal

0.9000-0.9500
0.9500-1.0000

The long-term picture from the monthly chart is that extended bearish run from 0.9000 since July 2014 is still intact. 0.8500 is the place to keep an eye on.

See the monthly and weekly charts below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDMonthly - November 2014.png Size: 34 KB
Click to Enlarge Name: AUDUSDWeekly - November 2014.png Size: 38 KB
  • #153
  • Nov 24, 2014 5:43am Nov 24, 2014 5:43am
Quoting Articulate
AUDUSD
The EURUSD opened the year}
thanks for sharing,
typo on your last post.
  • #154
  • Nov 24, 2014 5:47am Nov 24, 2014 5:47am
On a final note, if the pair you are trading is not among the ones I analysed, these two (2) questions will always guide you:

a) Where is the direction of the weekly chart?
b) Has the price moved by 500 or 1000 pips?

These two question will show definitely show you the direction of the price.
  • #155
  • Nov 24, 2014 5:50am Nov 24, 2014 5:50am
Quoting openyoureyes
{quote} thanks for sharing, typo on your last post.
Thanks. The error is corrected.

That's all for this year unless something truly spectacular happens between now and end of 2014. If not, I will be sharing my view in Jan/Feb 2015.
  • #156
  • Feb 17, 2015 8:45am Feb 17, 2015 8:45am
In addition to this blogs, you can see some of my recent views on my blog on the following link.

http://masterchartradingsystem.blogspot.com/
  • #157
  • Feb 17, 2015 9:05am Feb 17, 2015 9:05am
2015 ANALYSIS/UPDATE

The year 2015 started with a terrific explosion. The totally unexpected action by the SNB to stop support 1.2000 for Swiss Franc caught many players by surprise. It was indeed a final earthquake that destroys many players - bankers, brokers, hedge funds, retail traders etc. In fact it is a damage of monumental proportion. As I am writing my broker Alpari UK has been destroyed. My funds and that of some of my friends are stuck in there and KPMG is trying to sort out the mess. We are still waiting and watching what KPMG will do. The lesson for all traders is don't touch any controlled currency with a long pole and avoid them like plagues. "Greecexit" is another event that is capable of creating extremely dangerous volatility. This period calls for caution. Most brokers are seriously damaged by SNB event and retail traders are usually their easy target. All retails traders should beware of this dangerous time.

One I however observe in all this is that if a trader follows the the Masterchart, it will be extremely difficult to be on the wrong side of the market. We will examine my posting in November 2014 to reinforce this point.

GBPJPY 2015

Quoting Articulate
GBPJPY The GBPJPY opened the year at 175 and dropped to 165 in February. The trading range for the 4 quarters in 2014 are as follows: Jan-March - 165-175 April-June - 170-174 July-Sept - 170-180 – Strong bull Oct-Date - 170-185? – Bullish continuation There is the issue of the snap election in Japan and the dragon is on a strong bullish run since October. What do I see? 190 appears very close, while the strong resistance at 200 is not far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from...

The above levels I called in November 2014 are still intact. Compare your monthly and weekly charts with my charts in November 2015.
  • #158
  • Feb 17, 2015 9:15am Feb 17, 2015 9:15am
GBPJPY 2015

Quoting Articulate
GBPJPY The GBPJPY opened the year at 175 and dropped to 165 in February. The trading range for the 4 quarters in 2014 are as follows: Jan-March - 165-175 April-June - 170-174 July-Sept - 170-180 Strong bull Oct-Date - 170-185? Bullish continuation There is the issue of the snap election in Japan and the dragon is on a strong bullish run since October. What do I see? 190 appears very close, while the strong resistance at 200 is not far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from...
The above levels I called in November 2014 are still intact. Compare your monthly and weekly charts with my charts in November 2015. The best strategy in 205 is to closely monitor 1500 pips in either direction from 185 as follows:

For Bullish Run

 

  1. 185-190
  2. 190-195
  3. 195-200


For Bearish Reversal

 

  1. 185-180
  2. 180-175
  3. 175-170

  • #159
  • Feb 17, 2015 9:21am Feb 17, 2015 9:21am
USDJPY 2015 UPDATE AND ANALYSIS

The USDJPY opened the year 2014 at 105 and dropped to 100 in February. The trading range for the 4 quarters in 2014 are as follows:

Jan-March - 100-105
April-June - 100-105
July-Sept - 100-110 – Strong bull
Oct-Date - 105-120? – Bullish continuation

What do I see? 125 is very close, while the strong resistance at 145 is not far off. The best strategy in 2015 to closely monitor 1500 pips in either direction from 120 as follows:


For Bullish Run

120-125
25-130
130-135

For Bearish Reversal

120-115
115-110
110-105

Compare your current monthly and weekly charts with the charts I posted in November 2014.
  • #160
  • Feb 17, 2015 9:26am Feb 17, 2015 9:26am
2015 GBPUSD ANALYSIS/UPDATE

The following analysis for November 2014 is still valid

The GBPUSD opened the year at 1.6300. The trading range for the 4 quarters in 2014 as follows:

Jan-March - 1.6300-1.6800
April-June - 1.6800-1.7200
July-Sept - 1.7200-1.6300- Strong bear
Oct-Date - 1.6300 -1.5580 – bearish continuation

What do I see? 1.5300 is very close, while the strong resistance levels at 1.4800 and 1.4300 are far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from 15800 as follows:

For Bearish Run

1.5800-1.5300
1.5300-1.4800
1.4800-1.4300

For Bullish Reversal

1.5800-1.6300
1.6300-1.6800
1.6800-1.7300

The long-term picture from the monthly chart is that the bullish run from 1.4800 in July 2013 was reversed in July 2014 and we are on extended bearish reversal since then. If 1.4800 support is broken by the monthly candle, then the reversal is complete
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