{lang: 'en-US'} November 2013 ~ ElliottFxTrader Blog

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Saturday, 30 November 2013

KEEP CALM AND VOTE FOR ME WEEK #3




As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.

AND

If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


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BIG THANK YOU!!! 



Thursday, 28 November 2013

AUD/USD H4

General Overview for 28/11/2013
The corrective sructure of ABC ZigZag Green in wave 2 red lokks finished. Moreover, the downside progression has retraced 78%Fibo and slighty reversed so far.
As long as there is no nwe low bias is bullish and first level to confirm is Weekly Pivot breakout.

Support/Resistance:
0.9015 - WS1
0.9077 - 78%Fibo
0.9233 - Weekly Pivot
0.9253 - 0.9282 - GAP ZONE
0.9321 - WR1

Trading Recommendations:
As long as there is no new low: breakout of 0.9140 opens the road to 0.9205 and 0.9233.


As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

This is what You have to do in four easy steps:
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4. Click on RAISE UP

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BIG THANK YOU!!!



Gold XAUUSD H4


Please click on the link:
Thnak You

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

This is what You have to do in four easy steps:
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3.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
4. Click on RAISE UP

THATS IT!

BIG THANK YOU!!!

GBP/JPY H4


Please click on the link:
Thank You

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

This is what You have to do in four easy steps:
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4. Click on RAISE UP

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BIG THANK YOU!!!

USD/JPY H4


Please click on the link:
Thank You

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

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BIG THANK YOU!!!


USD/CHF H4


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Thank You
As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

This is what You have to do in four easy steps:
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GBP/USD Weekly, Daily, H4 and H1

General Overview for 28/11/2013:
The last labeling with an immediate downside impulsive wave development on H1 chart has been invalidated and price has made new high. This made me to re-visit the charts to find another, better labeling.
The Cable is still in Triangle formation and according to my labeling it is in final stages of lalst wave C  of ABC progression in wave E of a Triangle, SO - a trend reversal is expected very soon.
The targets are on Daily Chart and they make 55pips confluence level:
- One - to - One equal length wave 1 projection ends @ 1.6470.
- 38%Fibo Ext @ 1.6415
From H4 fibo projections I got two zones:
- Zone #1  - 1.6363 - 1.6386
- Zone #2 - 1.6417 - 1.6425

A possible reversal is expected for one of this zones:

Support/Resistance:
1.6369 - WR2
1.6324 - WR1
1.6257 - Intraday Support
1.6239 - Technical Support
1.6190 - Weekly Pivot

Trading Recommendations:
Prepare to enter SHORT SWING positions from zones indicated on charts.

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

This is what You have to do in four easy steps:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
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3.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
4. Click on RAISE UP

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BIG THANK YOU!!!







EUR/USD H1


Potential climactic action here, first clues of a weakness in the market.

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

This is what You have to do in four easy steps:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2. Wait for confirmation email and activation link
3.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
4. Click on RAISE UP

THATS IT!

BIG THANK YOU!!!



Monday, 25 November 2013

GBP/JPY H4

General Overview for 25/11/2013:
Five waves to the upside in green impulsive wave progression of (i) - (v) degree looks to be donw and 165.28 is so far the top for wave 3. Currently price is in corrective cycle of wave 4 that might have various patterns but the most obvious one is a Triangle. The support will be provided by 163.51 Intraday Support level and 163.39 Weekly Pivot support. If this level is broken to the downside next support is 162.34 and it is very probable that price will test the Weekly Pivot from the downside and if it would have failed then glolden trend line of lower main channel range might be tested. From this level some bounce is expected and a possible upward impulsive wave progression.

Support/Resistance:
166.42 - WR1
165.25 - Swing High
163.39 - Weekly Pivot
162.34 - WS1
161.74 - Techncial Support | Channel Line Support |

Trading Recommendations:
As long as Key Level holds long positions should be in play with potential new high in anticipated wave five to be done.


As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!

It is free, simple and easy to vote for me EVERYDAY!

This is what You have to do in four easy steps:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2. Wait for confirmation email and activation link
3.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
4. Click on RAISE UP

THATS IT!

BIG THANK YOU!!!


EUR/USD H1


Please click on the link:
Thank You,
Seb

NZD/USD H1


Please click on the link:

Thank You,
Seb

Crude Oil H4


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Thank You,
Seb


Nifty 50 Futures H4

General Overview for 25/11/2013:
The correction has not been finished just yet and there is more downside possible up to 5880 level. From that level the price should bounce back up and trend should resume.

Support/Resistance:
6386 - WR2
6216 - WR1
6086 - Weekly Pivot
5957 - WS1
5880 - Target for wave (ii)
5845 - WS2

Trading Recommendations:
Buy the 5880 level with tight SL.

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.

AND

If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


It is free, simple and easy to vote for me EVERYDAY!


This is what You have to do in four easy steps:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2. Wait for confirmation email and activation link
3.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
4. Click on RAISE UP

THATS IT!

BIG THANK YOU!!!





Sunday, 24 November 2013

Weekly Trading Plan 25-30 November 2013




Weekly Trading Plan 25.11.2013 - 30.11.2013
“He who fails to plan is planning to fail
                                                                        Winston Churchill 

EURUSD:
Bigger cycle wave XX is in progress. Sell the top of the corrective rallys.Beware of short squezee.
Pattern in progress: Wave (ii) of wave C impulsive ( OR 3)
Pattern in question: -If level1.3577 is broken
Pattern Invalidation: -If level 1.3663 is broken


GBPUSD:
Bias is to the downside to sell the rallys in corrective wave C of wave (ii)
Pattern in progress: Wave (v) of wave C of wave (ii)
Pattern in question: -If level 1.6204 is broken
Pattern Invalidation: -If level 1.6259 is broken

NZDUSD
Bias is to the downside to complete the impulsive wave progression. Sell the rallys.
Pattern in progress: Wave (5) of wave (iii)
Pattern in question: - If level 0.8240 is broken
Pattern Invalidation: -If level 0.8325 is broken


GOLD XAUUSD:
Bias is to the downside so sell the rallys for wave (v). Then upside correction should start. 
Pattern in progress: Wave (v) of wave a of wave Y brown.
Pattern in question: -  Iflevel 1300 is broken
Pattern Invalidation: -If level 1327 is broken

EURJPY:
Bias is to the upside to finish wave (a). Then corrective wave (b) is on the way.
Pattern in progress: Wave (a) of wave 5 (Ending Diagonal)
Pattern in question: -If level 135.75 is broken
Pattern Invalidation: -If level 134.08  is broken

GBPJPY:
Bias is to the upside to finish impulsive wave progression.
Pattern in progress: Wave (iv) of wave 5 of wave 5
Pattern in question: -If level 161.75 is broken
Pattern Invalidation: -If level 160.05 is broken


Saturday, 23 November 2013

KEEP CALM AND VOTE FOR ME PLEASE!!! week #2





As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.

AND

If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


It is free, simple and easy to vote for me EVERYDAY!


This is what You have to do in four easy steps:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2. Wait for confirmation email and activation link
3.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
4. Click on RAISE UP

THATS IT!

BIG THANK YOU!!!
















Thursday, 21 November 2013

Gold XAUUSD H1,H4,D1 and Weekly Update


General Overview foe 21/11/2013:
This video analysis expains my point of view:

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


It is free, simple and easy to vote for me EVERYDAY!


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3. Click on RAISE UP










Wednesday, 20 November 2013

EUR/GBP H4


General Overview for 20/11/2013:
It is possible for wave (ii) green to finish its downward wave progression in shape of  a ZigZag @ 0.8318. However any price below KEY ZONE  invalidates the count and makes wave 2 black bold even more complex and time consuming.

Support/Resistance:
0.8300 - Swing Low
0.8306 - WS1
0.8361 - 61%Fibo | Technical Resistance |
0.8384 - Weekly Pivot
0.8414 - Technical Resistance
0.8430 - WR1
0.8462 - Intraday High

Trading Recommeandations:
Longs should be in play from 0.8318 level with SL below 0.8300 with TP OPEN for now.

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


It is free, simple and easy to vote for me EVERYDAY!


This is what You have to do:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
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3. Click on RAISE UP


GBP/JPY H4

General Overview for 20/11/2013:
The Ending Diagonal idea is still in play and price must ovelapse wave 1 purple top to meet the criteria for diagoanl wave. This is why I expect level of 159.50 to be tested sooner or later and then it depends if price will get back to the upside range and try to break out above the high or not.





Support/Resistance:
161.74 - Swing High
160.71 - Weekly Pivot
160.50 - Intrday Support
159.78 - WS1
159.50 - 159.25 - Key Zone

Trading Recommendations:
Breakout below Intraday Support level is bearish and 159.50 level is expected next.

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


It is free, simple and easy to vote for me EVERYDAY!


This is what You have to do:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
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3. Click on RAISE UP


EUR/NZD H4


There should be one more wave to the upside to finishe the corrective cycle wave (2). The target is confluence level of WR1, 100%Fibo and 78%Fibo Ret  @ 1.6528-1.6537-1.6550.

As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


It is free, simple and easy to vote for me EVERYDAY!


This is what You have to do:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
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3. Click on RAISE UP


EUR/USD H1


Please click on the link here:
http://blog.mt5.com/elliottfxtrader/2013/11/20/eur-usd-h1-14/
Thank You,
Seb



As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex  broker MT5.com portal.
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!


It is free, simple and easy to vote for me EVERYDAY!


This is what You have to do:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
3. Click on RAISE UP



 
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