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May FX Seasonal Cycles

Daytrader21 Posted 1 May  in #Trader's blog #AUD #GBP #JPY #Forex #Euro #Dollar Index #Cycles #Seasonality
Since a new month has started, the best way to asserts the probability of where the market is likely to be heading in this month is for us to look at the seasonality patterns. The seasonality cycles will bring in a new dimension in which you can analyse the market. Seasonality are a predictable change in price that repeats every day, week, month, year at the same period in time.
You can find more details how this seasonal patterns affect the exchange rate and more importantly how to correctly us…
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March FX Seasonal Cycles

Daytrader21 Posted 1 Apr.  in #Trader's blog #AUD #JPY #Euro #Fx #Cycles #Pound #Seasonality
Since not only a new month has started, the best way to asserts the probability of where the market is likely to be heading in this month is for us to look at the seasonality patterns. The seasonality cycles will bring in a new dimension in which you can analyse the market. Seasonality are a predictable change in price that repeats every day, week, month, year at the same period in time.
You can find more details how this seasonal patterns affect the exchange rate and more importantly how to cor…
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January FX Seasonal Cycles

Daytrader21 Posted 2 Jan.  in #Trader's blog #AUD #GBP #EUR #JPY #Cycles #January #Seasonality

Since not only a new month has started, but we're into a new year, the best way to asserts the probability of where the market is likely to be heading in this month is for us to look at the seasonality patterns. The seasonality cycles will bring in a new dimension in which you can analyse the market. Seasonality are a predictable change in price that repeats every day, week, month, year at the same period in time.
You can find more details how this seasonal patterns affect the exchange rate and…
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PPandM 2 Jan.

Happy New Year! :-)

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Daytrader21 2 Jan.

Hi, Happy New Year and lots of $$$$$$:)

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ANABEVZ 7 Jan.

Happy New Years !!! Best wishes with $$$:)

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December Seasonal Forex Patterns

Daytrader21 Posted 1 Dec.  in #Trader's blog #AUD #GBP #EUR #JPY #Patterns #Cycles #Seasonality
Since a new month has started the best way to asserts the probability of where the market is likely to be heading in this month is for us to look at the seasonality patterns. The seasonality cycles will bring in a new dimension in which you can analyse the market. Seasonality are a predictable change in price that repeats every day, week, month, year at the same period in time.
You can find more details how this seasonal patterns affect the exchange rate and more importantly how to correctly us…
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November Seasonal Forex Patterns

Daytrader21 Posted 3 Nov.  in #Trader's blog #AUD #GBP #JPY #Euro #Patterns #Cycles #November #Seasonality

Since a new month has started the best way to asserts the probability of where the market is likely to be heading in this month is for us to look at the seasonality patterns. The seasonality cycles will bring in a new dimension in which you can analyse the market. Seasonality are a predictable change in price that repeats every day, week, month, year at the same period in time.
You can find more details how this seasonal patterns affect the exchange rate and more importantly how to correctly us…
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October Seasonal Forex Paatterns

Daytrader21 Posted 1 Oct.  in #Trader's blog #AUD #JPY #Forex #Euro #Patterns #Pound #Probability #Seasonality

Since a new month has started the best way to asserts the probability of where the market is likely to be heading in this month is for us to look at the seasonality patterns. The seasonality cycles will bring in a new dimension in which you can analyse the market. Seasonality are a predictable change in price that repeats every day, week, month, year at the same period in time.
You can find more details how this seasonal patterns affect the exchange rate and more importantly how to correctly us…
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JuliaBF 1 Oct.

thanks for detailed analysis))))

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AUD/USD Rectangle Pattern Projects 0.9800

Daytrader21 Posted 16 Aug. as Analysis on AUD/USD, Target: 0.9462, Date: 1st of October, 12:00 GMT  in #Technical analysis #AUD #USD #AUD/USD #Elliott Wave #Cycles #Rectangle Pattern #Range
Aussie has been moving for the most part of this summer in a rectangle pattern(see Figure 1) which project a target of 0.9800 once we have a break and a close below the support level of 0.9200. If we measure the range between the 0.9500 round number and resistance level and 0.8200 support level we have an 300 pip range which projected to the upside gives us the 0.9800 target level.
Figure 1. Aussie Daily Chart.
Also based on Elliott Wave since beginning of last year (see Figure 2) au…
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Daytrader21 24 Aug.

Update 1: as expect we had a final spike lower towards 0.9200 support level where the market found some strong buyers and we had a rebound. We're under way to develop the last wave "C" of this correction. Before to continue pushing higher we can expect some pull back towards 0.9280 where the market should find support. Next resistance for the next week stands at 0.9370

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Daytrader21 30 Aug.

Update 2: As per my last Update we indeed push back to retest the 0.9370 intermediate support level which confirms that our projection is on the money. Now we can say that wave C is developing as momentum has started to push higher but as long as current low volatility stay in place expect a slow market.Nex intermediate resistance for next week is 0.9415

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Daytrader21 6 Sep.

Update 3: Although we took another dive towards 0.9270 the market quickly reverse confirming once again that buyers are in control of this market. Wave C can take multiple form and my expectation is for a 3 more upside legs where wave a and c of wave C would develop 3 waves of lesser degree and wave b only 1 wave making a total of 7 upside waves. So we should be able by the time we complete wave C to count 7 wave from low to 0.9800

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AUD Positions - Target Reached

Daytrader21 Posted 26 Dec.  in #Trader's blog #AUD #GBP/AUD #Fundamental #Technical #AUD/USD #Rba #Interest Rates #Tapering
Although it was Christmas and we didn't had proper trading conditions but I still have had 2 opened positions which where closed today as my taking profit order was reached. I had five fundamental reasons behind my AUD bearish view:
  • Few months ago RBA cut interest rate at historic low.
  • RBA has decided to kept the door open for another round of interest rate cut if the economy is not showing signs of recovery.
…
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sonjatrader 26 Dec.

Interesting point of view.Nice article Daytrader21 :))

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Daytrader21 26 Dec.

Thank you Sonia for your kind words

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HOANG_MAI_NHI 27 Dec.

very good, i see u take profit it

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