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  • #2,281
  • Aug 1, 2016 9:36pm Aug 1, 2016 9:36pm
Looks like topping formation. Few up-thrust bars and today very squishy demand. Got small short position. Be careful since EUR/USD since there is still upward leg in the background.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.pngweakness.png Size: 58 KB
"Buy on fear, sell on greed !!!
  • #2,282
  • Aug 2, 2016 8:25am Aug 2, 2016 8:25am
Took small buying on EUR/USD. The price broke consolidation trading range and did successful re-test in a low volume. This is textbook setup. Target set at 1.1265.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png02.png Size: 62 KB
"Buy on fear, sell on greed !!!
  • #2,283
  • Aug 2, 2016 10:06am Aug 2, 2016 10:06am
I added one buying position on EUR/NZD at the price of 1.5475 and I started to buy USD/CAD at 1.3042 with SL at 1.2995. I found Finalized ZigZag correction in the background and 5 waves counting upward, which is a good sign of strength. The price got power to go all the way near the low at 1.3004 but then the buyers came in. I am trying to catch a potential third wave with a target at 1.3230 (RRR is 1:5).



Inserted Video
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCAD - Primary Analysis - Aug-02 1704 PM (15 min).png Size: 81 KB
Click to Enlarge Name: EURNZD - Primary Analysis - Aug-02 1704 PM (1 hour).png Size: 77 KB
"Buy on fear, sell on greed !!!
  • #2,284
  • Aug 3, 2016 10:49am Aug 3, 2016 10:49am
Quoting Petar_Serbia
... I found Finalized ZigZag correction ...}
Petar, what is " Finalized ZigZag correction" ? I never heard such term and that is reason for asking....
Thank you.
  • #2,285
  • Aug 4, 2016 11:21am Aug 4, 2016 11:21am
Quoting ruma29
{quote} Petar, what is " Finalized ZigZag correction" ? I never heard such term and that is reason for asking.... Thank you.
Zig zag is the type of correction in Elliot wave analysis.

I will post my video update on the market soon

Petar
Attached Image (click to enlarge)
Click to Enlarge Name: zigzag.png Size: 48 KB
"Buy on fear, sell on greed !!!
  • #2,286
  • Aug 4, 2016 11:30am Aug 4, 2016 11:30am
Video update :

Inserted Video


Petar
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD - Primary Analysis - Aug-04 1818 PM (30 min).png Size: 95 KB
"Buy on fear, sell on greed !!!
  • #2,287
  • Aug 4, 2016 12:15pm Aug 4, 2016 12:15pm
Interesting wave count on AUD/NZD 30M time frame. Target around 1.0685. I am trying to catch the fifth wave. Found also nice channel and climax there.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD - Primary Analysis - Aug-04 1911 PM (30 min).png Size: 78 KB
"Buy on fear, sell on greed !!!
  • #2,288
  • Aug 5, 2016 10:18am Aug 5, 2016 10:18am
Hello everyone,
Here is my update for positions on the market. I am bullish on EUR/NZD from 1.5485 and 1.5545 with a target at 1.3660 and 1.3975 (trying to catch wave 3 or wave C). SL on EUR/NZD is at 1.5385. I got AUD/NZD buying from 1.0620 and target at 1.0740, SL is moved on breakeven.
I got GBP/USD buying from 1.3180 and I added one buying at 1.3040 with SL at 1.2920. Target are set at the price of 1.3660 and 1.3840. I am trying to catch potential C point or wave 3. SL is below 78.6%. I added today position due to the massive climax after the news.

I am planning to buy EUR/USD next week but will watch price action closely.

Video coming soon ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZD - Primary Analysis - Aug-05 1555 PM (1 hour).png Size: 75 KB
Click to Enlarge Name: GBPUSD - Primary Analysis - Aug-05 1717 PM (1 hour).png Size: 82 KB
Click to Enlarge Name: AUDNZD - Primary Analysis - Aug-05 1718 PM (30 min).png Size: 80 KB
"Buy on fear, sell on greed !!!
  • #2,289
  • Aug 5, 2016 11:19am Aug 5, 2016 11:19am
Video update :

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,290
  • Aug 5, 2016 2:04pm Aug 5, 2016 2:04pm
Quoting Petar_Serbia
{quote} Zig zag is the type of correction in Elliot wave analysis. I will post my video update on the market soon Petar {image}
I do not use EW...sorry for asking elementary...
  • #2,291
  • Aug 8, 2016 7:10pm Aug 8, 2016 7:10pm
Quoting Petar_Serbia
Interesting wave count on AUD/NZD 30M time frame. Target around 1.0685. I am trying to catch the fifth wave. Found also nice channel and climax there. {image}
Target met in the pip Took 1:4 RRR on this one
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD - Primary Analysis - Aug-09 0207 AM (30 min).png Size: 81 KB
"Buy on fear, sell on greed !!!
  • #2,292
  • Aug 9, 2016 8:52am Aug 9, 2016 8:52am
Hello traders,
I want to update you about my new positions. I took buy on EUR/USD at the price of 1.1080 with SL at 1.0995 and target minimum at 1.3265. I found end of potential B leg or second leg. Strong Fibonacci ratio there and also time analysis and volume analysis confirmed my view. I also sold AUD/NZD since there is finished 5 wave structure and I expect correction at least 120 pips. My risk is 30 pips.

OF course, still holding GBP/USD buying and EUR/NZD buying

Inserted Video
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD - Primary Analysis - Aug-09 1545 PM (30 min).png Size: 77 KB
Click to Enlarge Name: AUDNZD - Primary Analysis - Aug-09 1546 PM (30 min).png Size: 93 KB
"Buy on fear, sell on greed !!!
  • #2,293
  • Aug 10, 2016 7:05am Aug 10, 2016 7:05am
Quoting Petar_Serbia
Hello traders, I want to update you about my new positions. I took buy on EUR/USD at the price of 1.1080 with SL at 1.0995 and target minimum at 1.3265. I found the end of potential B leg or second leg. Strong Fibonacci ratio there and also time analysis and volume analysis confirmed my view. I also sold AUD/NZD since there is finished 5 wave structure and I expect correction at least 120 pips. My risk is 30 pips. OF course, still holding GBP/USD buying and EUR/NZD buying https://www.youtube.com/watch?v=5u1O...ature=youtu.be {image}...
Nice progress on EUR/USD +100 pips currently and SL is placed on breakeven. Also, AUR/NZD selling SL is placed on breakeven. GBP/USD also reacted higher and I got 2 positions there. EUR/NZD still struggling but I expect today after the cash rate the strong demand. We will see...

Video coming soon >
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD - Primary Analysis - Aug-10 1343 PM (30 min).png Size: 96 KB
Click to Enlarge Name: AUDNZD - Primary Analysis - Aug-10 1358 PM (30 min).png Size: 86 KB
"Buy on fear, sell on greed !!!
  • #2,294
  • Aug 10, 2016 7:25am Aug 10, 2016 7:25am
Wouldn't be surprised if NZD on rate cut still go up...USD is down for technical reasons...
  • #2,295
  • Aug 10, 2016 7:57am Aug 10, 2016 7:57am
Quoting ruma29
Wouldn't be surprised if NZD on rate cut still goes up...USD is down for technical reasons...
Everything is possible but EUR/NZD is still bullish according to EW and Fibonacci ratio and time analysis. My SL there is at 1.5300. As long there is an active impulsive wave in the background I won't think about any selling. Interesting thing is that EUR/NZD is down whole day and this is usually sign that smart money wants to mark down the price so they can buy on the news easier. Anyway, I got protective SL in case that price go down. Total risk on these 2 positions I got is 2 %.

Strong support is at 1.5390-1.5360 where C = A
"Buy on fear, sell on greed !!!
  • #2,296
  • Aug 10, 2016 7:58am Aug 10, 2016 7:58am
Video update :

Inserted Video


Feel free to comment if you like analysis
"Buy on fear, sell on greed !!!
  • #2,297
  • Edited 8:58am Aug 10, 2016 8:19am | Edited 8:58am
NZD/USD finished the fifth wave before the news, hm, smart money looking to weaken the NZD. What is also interesting, this fifth wave potential ending is also C point in major zig zag ABC (5-3-5). It will be interesting to watch

Inserted Video
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSD - Primary Analysis - Aug-10 1517 PM (30 min).png Size: 67 KB
Click to Enlarge Name: NZDUSD - Primary Analysis - Aug-10 1518 PM (30 min).png Size: 80 KB
"Buy on fear, sell on greed !!!
  • #2,298
  • Aug 10, 2016 6:13pm Aug 10, 2016 6:13pm
Quoting ruma29
Wouldn't be surprised if NZD on rate cut still go up...USD is down for technical reasons...
Quoting Petar_Serbia
{quote} Everything is possible ...

see!..have 7th sense...
  • #2,299
  • Aug 10, 2016 8:56pm Aug 10, 2016 8:56pm
Quoting ruma29
{quote} {quote} see!..have 7th sense...
Yes it dropped but it didn't met my SL on EUR/NZD also it created strong selling climax and i started to buy AUD/NZD as like planned and closed sell on AUD/NZD in 1:4 RRR
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDNZD - Primary Analysis - Aug-11 0343 AM (30 min).png Size: 99 KB
Click to Enlarge Name: EURNZD - Primary Analysis - Aug-11 0356 AM (1 hour).png Size: 89 KB
"Buy on fear, sell on greed !!!
  • #2,300
  • Edited 8:57pm Aug 14, 2016 8:15pm | Edited 8:57pm
Hello everyone,
I found interesting developing on AUD/NZD. This currency is behaving exactly like my projection. Anyway, I found there 5 wave structure in the background 15M time frame. After the clean 5 wave structure, there is very decent zig zag correction (ABC) and strong Fibonacci ratios near the level of 1.0620-1.0610. I am trying to catch the third wave on a smaller degree but that is also the potential third wave of a higher degree. SL is 35 pips and minimum target is set at the price of 1.0785. (RRR 1:3 minimum)

Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD - Primary Analysis - Aug-15 0309 AM (20 min).png Size: 92 KB
"Buy on fear, sell on greed !!!
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