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Today's fall in oil is more disappointing than clouds during

WTI crude breaks 61.8% retracementOil is at the worst levels of the day in a quick reversal. Friday's gain had been the biggest one-day rally since November but with a minor double-top today, crude reversed. The selling has been relentless and picked up in the past few minutes as the 61.8% retracement of Friday's rally gave way.
Unfortunately for the bulls, this means the drop could completely eclipse the gains.As for what's behind today's drop, there isn't much news to hang it on. OPEC/non-OPEC…
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6 JAN 17 GBPUSD HORIZONTAL SUPPORT BREAK

Hello, fellow traders,
As we can see that today the GBPUSD has come below our level of 1.2325 and perhaps will close week and day below this level. So further weakness is expected in the pair. Look for sell on the rise.
GBPUSD 4H CHART
Any comments about the setup are welcome.
Happy trading to all.
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Pound sterling will not collapse

I was bullish on Euro. However, the price is dauntingly high at the moment. Chasing exteme beauties is not my cup of tea. Therefore, I needed to find some pair that runs generally in sympathy with Euro but not over-bought like Euro. Pound sterling looks like an ideal candidate!
Prior to the nonFarm news, GBP/USD had been wobbling precariously on top for a while and then sliding steadily down, to the point of breaking down. After the nonFarm news further hammered it down some more, I decided it w…
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GBP USD

bonjours cher communauté,
ce matin les nouvelles ne sont pas très bonnes pour les adeptes du pound avec les ventes. Mais en fait il n'y a vraiment rien de nouveau puisque le GBP est en chute devant l'USD depuis le mois de juillet avec une très belle forte tendance validée par nos droites chinkou (rose), tenkan (jaune), kijun (bleu) qui ne semblent pas être essouflés, ce qui d'ailleurs se confirme avec cette alerte de renversement de la tendance haussière qui s'est amorcé depuis le deuxième semes…
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VictoriaVika avatar

Bonne chance :)

ceasar87 avatar
ceasar87 23 Oct.

thank u!

DominguezV avatar
DominguezV 23 Oct.

unos gráficos interesantes

ceasar87 avatar
ceasar87 23 Oct.

DominguezV c'est l'indicateur ichimoku kinko hyo

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EUR/GBP-Bullish trend supported by falling wedge!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8265.
  1. EUR/GBP is in a channel down formation from 2009 followed by regular retracements.Last month the so called channel down has narrowed itself and now tend to look more and more like a falling wedge than a channel down.
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Alexana5 avatar
Alexana5 30 Mar.

Oh my,  Thank you for your analysis.

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Metal_Mind 21 Apr.

UPDATE 1: THe prediction looks good but there is a problem with the time scale. The price movement is a bit behind. By now i was expecting the bearish trend to reverse into a bullish sharp trend. Nevertheless the prediction  is in the books.

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Metal_Mind 30 Apr.

UPDATE 2: The deviation is 115 pips and could  be counted as wide counting that the target  settelemt is tomorow.

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Metal_Mind 30 Apr.

UPDATE 3 : Current price level  is 0.8218 which represents an 150 pips and over deviation. It looks like the deviation increased and with only one day to go this prediction could be busted.

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FINAL UPDATE Ș Deviation at settlement was over 175 pips from target,that beeing to far for a win.

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CAD/CHF-Bullish Breakout from Falling Wedge!


Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,EMA:3,5,13,21,50,100,200.
Current Level : 0.7984

CAD/CHF is in a bearish channel down for quite some time now. Recently there are some developements in the price action that should be taken notice of. The channel began narrowing transforming itself into a falling wedge, and like any other falling wedge when it ''squeze'' it's price action it produce as result a nice big breakout. Since we had a long term bearish trend the brek
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Metal_Mind 27 Mar.

UPDATE 1: EXCELENT PREDICTION. This one is quite remarkable. I succesful predicted the Bullish reversal and breakout from previous bearish trend.Current price level is 0.8039 that beeing only 100 pips bellow the target. Taking into consideration the quality and excelent mirroring of my prediction i could count this prediction as one of the best this month. With several days to go there is time and room for the pair to gain another 100 pips and even more from the look of the price action.

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Metal_Mind 28 Mar.

UPDATE 2: The pair made a minor retracement today  heading lower. The closing price was 0.8018 that increasing the deviation to 116 pips. The pair seem to be heading in a retracement zone. With one more day to  go anything is possible. Wel just have to wait and see.

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Metal_Mind 31 Mar.

UPDATE: Current price level is 0.8001 which increases the deviation to 134 pips. IF  the cad succeds to strenghten tommorow this predictions could be in the cards.

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