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  • #23,341
  • Jan 9, 2017 5:27am Jan 9, 2017 5:27am
Quoting T@rantula
USD/CAD Leaned Inverted Head and Shoulders for Bullish Continuation 2017-01-09_11-22-05.png;2131470 {image}
NICE
  • #23,342
  • Edited 10:41am Jan 9, 2017 10:14am | Edited 10:41am
I think its buy the dip on AN pair. Large inverted Head and Shoulders, plus MACD bullish divergence.

Just waiting for a retrace south before a buy signal, then when it moves north it just needs to close above 100sma/200sma on Daily TF around 1.052 for continuation north.
  • #23,343
  • Jan 9, 2017 1:47pm Jan 9, 2017 1:47pm
@Ocean Orca
I find no indicator Wave Analysis platform MotiWave
Where can I find it?

regards,
  • #23,344
  • Jan 10, 2017 12:38am Jan 10, 2017 12:38am
GU Bearish Setup, UJ Breakout Trade and USD Analysis

http://www.admiralmarkets.com/analyt...d-usd-analysis - Your capital is at risk

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GBP/USD bearish momentum is strong and the break of the 1.22 support should create a breakout setup once a bearish chart pattern appears. The EUR/USD remains mixed and a clear breakout above or below critical trend lines is a must. The AUD/USD is only interesting at 2 major levels according and the USD/JPY has reached a major break or bounce zone.


GBP/USD bearish momentum is strong and the break of the 1.22 support should create a breakout setup once a bearish chart pattern appears. The EUR/USD remains mixed and a clear breakout above or below critical trend lines is a must. The AUD/USD is only interesting at 2 major levels according and the USD/JPY has reached a major break or bounce zone.


GBP/USD bearish momentum is strong and the break of the 1.22 support should create a breakout setup once a bearish chart pattern appears. The EUR/USD remains mixed and a clear breakout above or below critical trend lines is a must. The AUD/USD is only interesting at 2 major levels according and the USD/JPY has reached a major break or bounce zone.
  • #23,345
  • Jan 10, 2017 12:44am Jan 10, 2017 12:44am
Quoting vaxx
@Ocean Orca I find no indicator Wave Analysis platform MotiWave Where can I find it? regards,
Hi vaxx, thanks for reaching out! Great that you are lookin for wave indicator. I do not use an indicator or any automation software for my wave analysis though. MW (motive wave) does offer both manually ways to add wave counts and automatic ones (if nothing changed since I last looked). You can find it as part of the Elliott Wave module that they offer. Hope this helps, let me know of course if you have any follow-up questions! Good trading!
  • #23,346
  • Jan 10, 2017 12:45am Jan 10, 2017 12:45am
Quoting PariCovek
I think its buy the dip on AN pair. Large inverted Head and Shoulders, plus MACD bullish divergence. Just waiting for a retrace south before a buy signal, then when it moves north it just needs to close above 100sma/200sma on Daily TF around 1.052 for continuation north.
Hi PariCovek, yes I fully agree with your analysis. Thank you for sharing!
  • #23,347
  • Jan 10, 2017 2:24am Jan 10, 2017 2:24am
Quoting PariCovek
I think its buy the dip on AN pair. Large inverted Head and Shoulders, plus MACD bullish divergence. Just waiting for a retrace south before a buy signal, then when it moves north it just needs to close above 100sma/200sma on Daily TF around 1.052 for continuation north.
Yes! You are right 1.0440 was good to buy into!
  • #23,348
  • Jan 10, 2017 5:51am Jan 10, 2017 5:51am
Quoting danc
{quote} NICE
Yes in profit now!
  • #23,349
  • Jan 10, 2017 6:39am Jan 10, 2017 6:39am
Quoting Ocean Orca
{quote} Hi vaxx, thanks for reaching out! Great that you are lookin for wave indicator. I do not use an indicator or any automation software for my wave analysis though. MW (motive wave) does offer both manually ways to add wave counts and automatic ones (if nothing changed since I last looked). You can find it as part of the Elliott Wave module that they offer. Hope this helps, let me know of course if you have any follow-up questions! Good trading!
@ OCEAN ORCA
Where can I find the manual Elliot in platform Motivewave ?

regards,
  • #23,350
  • Jan 10, 2017 6:50am Jan 10, 2017 6:50am
AUD/NZD V Shaped Reversal Turning Into Ascending Scallop
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-01-10_13-15-29.png Size: 96 KB
  • #23,351
  • Jan 10, 2017 6:57am Jan 10, 2017 6:57am
Quoting vaxx
{quote} @ OCEAN ORCA Where can I find the manual Elliot in platform Motivewave ? regards,
Once you have the software open, I have on the left below "components". There is tab called Elliott Wave. If you dont see components, then I guess you need to add it, which is best if you ask the customer service of MW, they will know it better. It could be that you dont have EW options yet because you need purchase it or have a demo running.
  • #23,352
  • Jan 10, 2017 7:10am Jan 10, 2017 7:10am
Quoting Ocean Orca
{quote} Once you have the software open, I have on the left below "components". There is tab called Elliott Wave. If you dont see components, then I guess you need to add it, which is best if you ask the customer service of MW, they will know it better. It could be that you dont have EW options yet because you need purchase it or have a demo running.
Ok I opened Elliott Wave components.
How do I trade? Where enters in the transaction?
  • #23,353
  • Jan 10, 2017 11:52am Jan 10, 2017 11:52am
Quoting vaxx
{quote} Ok I opened Elliott Wave components. How do I trade? Where enters in the transaction?
How to use, analyse and trade Elliott Waves requires a longer answer than I can provide in the chat here. I recommend checking out these webinars to learn more:
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  • #23,354
  • Jan 10, 2017 1:00pm Jan 10, 2017 1:00pm
Would that be valid head&shoulders pattern on USDJPY?
Attached Image (click to enlarge)
Click to Enlarge Name: HnS_USDJPYH1.png Size: 93 KB
  • #23,355
  • Jan 11, 2017 12:30am Jan 11, 2017 12:30am
Forex Chart Patterns Identify Bounce and Break Zones

http://www.admiralmarkets.com/analyt...nd-break-zones - Your capital is at risk

GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...01-2017gu4.png
The GBP/USD retraced back to the broken support level (dotted green) which could be a resistance spot. Price needs to break below the previous low (blue line) before it can test the previous bottom (green).
1 hour
https://fxmedia.s3.amazonaws.com/art...01-2017gu1.png
The GBP/USD is still showing a corrective chart pattern which is typical for a wave 4 (brown). The current wave 4 (brown) is invalidated if price breaks above the 61.8% Fibonacci retracement level of wave 4 vs 3. Price could continue with the downtrend (red arrows) if price manages to break below the support trend lines (green) with a strong breakout candle.
  • #23,356
  • Jan 11, 2017 5:59am Jan 11, 2017 5:59am
Quoting rkdius
Would that be valid head&shoulders pattern on USDJPY? HnS_USDJPYH1.png;2134073 {image}
yes, rooftop / bearish SHS. Still its at support. Watch for Crude Oil data today
  • #23,357
  • Jan 11, 2017 7:15am Jan 11, 2017 7:15am
EUR/AUD Strict Bullish Wolfe Wave at the Bottom of ATR

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-01-11_13-41-32.png Size: 58 KB
  • #23,358
  • Jan 11, 2017 10:37am Jan 11, 2017 10:37am
Quoting T@rantula
{quote} yes, rooftop / bearish SHS. Still its at support. Watch for Crude Oil data today
Thanks Tarantula,
I'm still learning, your webinars are great help.

Oil data didn't influence USDJPY much, unlike Trump's conference. Need to add those to forex calendar.
  • #23,359
  • Jan 11, 2017 2:44pm Jan 11, 2017 2:44pm
Quoting rkdius
{quote} Thanks Tarantula, I'm still learning, your webinars are great help. Oil data didn't influence USDJPY much, unlike Trump's conference. Need to add those to forex calendar.
Thanks USDCAD was the winner as predicted. Conference was 2 way trading indeed
  • #23,360
  • Jan 11, 2017 2:45pm Jan 11, 2017 2:45pm
USD/CAD Live trade via
Admiral Markets ECN account

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