10/18/2012

EUR_USD H4 10/18/2012

With Daily DT Osc in OB zone, the price is near the top if not complete yesterday. A "Head & Shoulders" pattern should be completed in the next few hours. That is a bearish warning. I expect a down movement below  1.301 level in the next days.


10/16/2012

EUR_USD H1 10/16/2012

In TF H1 the price is near the strong resistance line. With H4 DT Osc bearish reversal and H1 oscillators bearish, the net trend should be sideways to down in the next few hours. I expect a declination to around 1.2995. Short position must follow a decrease below previous Low in this TF. Another option is to trade below minor swing low as lomg as oscillators are bearish but no in the OS zone.


10/15/2012

EUR_USD H4 10/15/2012

The price hit the target area but the reaction has been a positive one. With Daily and H4 oscillatorsbullish, the pressure on resistance has increased considerably. The upper median line is still in place. Traders must be wait for a break of resistance before considering Long positions.


10/13/2012

EUR_USD H4 10/012/2012

The price is in a strong resistance zone. With H4 Stoch bearish reversal the net trend should be sideways to down. The 1.2992 level may be a local top for the next few hours. I expect a depreciation towards wave 4 level (1.291-1.292). Traders should wait for the next for the next Stoch or DT Osc bearish reversal (60M TF) before considering Short positions.


10/10/2012

EUR_USD H4 10/11/2012

Wave "4" is now completely. Typical target for wave "5" is 1.2767-12786. Till then I wait DT Osc in OS zone. After that traders should wait for Long positions for a potential rally to 1.295 level. May be a good opportunity in the coming hours!


10/08/2012

EUR_USD H4 10/08/2012

The wave "C" is clearly finished. For the next few trading hours the net trend should be sideways to down. A new test of ret. 50% is possible while Stoch is bearish and not in OS zone. I expect new bearish movement in this week, but, still then, Long conditions may occur. Wait patiently.


10/06/2012

EUR_USD H4 10/5/2012

Friday's High is in the strong resistance zone. The typical "abc" pattern is also there. With Stoch bearish revesal and "Dark Cloud Cover" candlestick pattern, the net trend should be sideways to down in the next few trading hours if not days. Traders should wait for the next 60M oscillator bearish reversal before considering Short positions. I expect a 1.297 test level in the early next week.


9/30/2012

EUR_USD H1 09/30/2012

With Stoch and DT Osc in OS zone a positive reaction at the support is waiting in the next few hours. Anyway, the net trend is still bearish and for swing trades it may be wise to wait until Daily Stochastic (8,5,3) will become bullish before considering Long positions.


9/06/2012

EUR_USD H1 09/06/2012

With DT Osc and Stoch bullish I expect a sideway or up movement in the next few hours. On this chart we can see a "cup and handle" pattern which is a bullish formation. The "handle" is complete now and the most probable net trend should be up over the next few days.


9/04/2012

^DJI - 09/04/2012

Stochastic is still bearish. That means the net trend should be sideways to down over the next few days. It may be wise to wait for a bullish reaction at the support and a Stochastic bullish revesal before considering Long positions.


9/01/2012

EUR_USD H1 - 08/31/2012

Friday was an interesting day. After testing resistance, the price passed through it. The current top is an intermediate one. The target is placed at the1.267 level (100% extension of previous width). With daily DT Osc bullish I expect a positive reaction at the support line in the next few hours. Long followed a rally above last hour's high as long as the DTosc and Stochastic are not BullOB or bearish.


8/30/2012

^DJI - 08/30/2012

The price goes through Schiff Median Line. With the Stochastic Oscillator bearish, I expect a 12,900 level test in the next few days. That is a strong support. Traders should wait for a bullish reaction there before considering long positions.


8/28/2012

EUR_USD H1 - 08/28/2012

With Stochastic bullish, I expect a resistance test (ret. fib. 78.6%) in the next few hours. Because of  last bearish movement has corrective characteristics, Long should be considered in the next few days.


8/26/2012

OIL - 08/24/2012

The price has stopped at the 61.8% level. With DT Osc bearish, a multi-day high should be near completion. A bearish correction to 92.5 can be developed in the next few days. The signal was already generated Friday. If short, hold positions and protective stops should be no further than a few pips above Thursday's High.


8/17/2012

OIL - 08/17/2012

The price entered in the resistance zone (where we want it to be). There is already a bearish divergence with MACD. Now, traders just wait for a DT Osc bearish reversal before considering Short positions, like I said yesterday.


8/16/2012

OIL 08/16/2012

With DT Osc bullish the up trend may continue for a couple of days. I expect a bearish divergence at  the E-5 wave target. Traders should wait for the next DT Osc bearish reversal before considering Short positions.




8/14/2012

EUR_USD 08/14/2012

EMA(55) is a good short-term resistance. This overlapping movement should be near the top. Traders must wait for the next DT bearish reversal before considering Short position.