Friday, June 28, 2013

gbp/usd 30m update

gbp/usd complete very short wave 2 and heading lower to wave 3.


eur/usd 30m update

eur/usd break the trendline and  complete wave 1 and moving towards wave 2. Now we are at wave a of wave 2.


Wednesday, June 26, 2013

eur/usd 30m update

eur/usd is in full bearish mood. That's why it's difficult to count this pair for now. with help of other strategy's i come up with this count. based of murry math support at 1.3005. PA show support at 1.2988, EWO indicator show divergence at 4h. CCi in bullish momentum at 4h. So waiting for long. 

Tuesday, June 25, 2013

gbp/usd 30m update

looks like yesterdays divergence workout good for us. now we are going up to complete wave 2. so far looks like wave a complete.


aud/usd 30m update

aud/usd turn higher after show us new low yesterday. also notice that the divergence work out well for us. in 30m chart it's clear that wave 4,5 complete unless this wave 4 is another complex wave 4. after wave 5 we can see another 1,2 to the up side.




eur/usd 30m update

I need to adjust a little bit of yesterdays count. if you follow my count i think you will notice this. as today we see that after red wave 2 complete we can count 1,2,3,4,5 wave but based on EW rules i can't count this as red wave 3 because then wave 3 will be smaller then wave 1. notice that wave 1 is 257 pips and we still more to go to complete red wave 3 so i count this as another wave 1 and now we are traveling wave 2.


Monday, June 24, 2013

gbp/usd 30m update

So far gbp/usd bearish looks good. Nicely maintain the EW rules. wave 1 complete with nice divergence and it's time to wave 2.


Eur/Usd 30m update

This is the 30m count i prefer for now. based on this count eur/usd will go up for complete wave 2 but i suggest not to trade this long opportunity because eur/usd is in full bearish mood. batter wait for batter position to go short.


Sunday, June 23, 2013

Aud/Usd H4 Update

Form today i will regularly post aud/usd h4 update on my blog. hope next week i will add another chart.

So far looks like aud/usd at the end of it's wave 5 of red wave 5. Right now i can see divergence in all indicator but i think we need to wait for more data to confirm about that divergence so that we can check that trade is possible or not.


Friday, June 21, 2013

eur/usd 30m update

i had to adjust my count and i find that. looks like this is more preferable count for now.


Eur/Usd H4 Update

As i already told you we complete red wave C and now it's time to go down but before that we need some confirmation. here is it. wave one down complete and now we are in wave 2. wave 2 max position is 1.3305 based on murry math. i am planing to tread this when it bounce form 1.3305 and take us to new low.



Wednesday, June 19, 2013

Eur/Usd H4 Update

Very Unexpected wave 4 and 5 complete or the eave 4 will be more complex then we see before. for that we need to wait for more market date. once i confirm the count i will post with some trading ideas.


Monday, June 17, 2013

Eur/Usd H4 Update

Market is very slow which i don't like at all. But as this is start of wave 4 this kind of behavior is expected. Not much forecast to do with sl at 1.3400 you can tread this wave 4 easily. 




Friday, June 14, 2013

Eur/Usd H4 Update

So far looks likes yesterday we complete blue wave 3 and start blue wave 4. so far in chart there is two count possible. one is 1,2 of wave a down another is a,b of wave 4. Anyway whatever is the count is more downside is possible. remember don't forget to place your sl at blue wave 3 high at 1.3389+3 pips.


Thursday, June 13, 2013

Eur/Usd H4 Update

Looks like Blue wave 3 complete. i will be more confirm after i will get more price date. But with the help of indicators i am 90% sure that wave 3 complete and now we are in wave 4 down. see EWO and CCi indicator both showing divergence that i spotted 2 days ago and stoch is also showing the price reach the max it can be now need to retrace. if you want to tread this i suggest short now and sl at recent high 3389+ 10 pips at 1.3400.


Wednesday, June 12, 2013

Eur/Usd H4 Update

Blue wave 3 is near to complete. murry math suggest that pivot at price 1.3366 and fibo also suggest that 0.618 level at 1.3343 so we can understand this is a zone to complete wave 3. Also notice the divergence spotted yesterday is still valid. i added stochastic indicator because of few followers ask me about it. also stoch indicator suggest that wave 3 will be complete soon.


Tuesday, June 11, 2013

Eurusd H4 Update

IF you traded according my yesterdays treading plan then you are in profit congratulations on that. IF you are in profit i suggest you to close the tread when price is near 3290 to 3305. Take the profit and don't make a winner in to looser.

About today update we are in the end of blue wave 3. if you look at the chart there is possible divergence building. looks like we can open another tread when we reach the top. i will post another 30m update then.


Monday, June 10, 2013

Eurusd 30m Update

I am posting 30m wave count as a tread setup. If you like you can tread this. There is divergence in cci and stoch is also moving up. in chart looks like wave 4 complete. i don't add the abc here but i check in 15m chart and i am confirm about that. if wave 4 goes more complex then the tread can touch sl. to me you can tread at market price and sl at 1.3176


Eurusd H4 Update

So far so good. Looks like wave 4 complete and now we are heading to wave 5 black to complete wave 3 Blue.


Friday, June 7, 2013

Eurusd H4 Update

This is my first wave count hope you all will like this. i will also post 30m chart when there is a more price development.

Eurusd going higher to complete red wave wave C. Meanwhile we count this with blue and black wave count. in blue wave we are on wave 3.