EUR/USD M30 Update

General Overview:

Five waves to the downside with expanded wave (iii) seems to be done and market is up to correction.

First wave of corrective wave (2) looks complex and it is a first clue that the rest part of wave (2) might get complex in time and price as well.

Recent wave { a OR i } to the downside is in five waves and this might indicate even that  the correction is over and market will be heading sharply lower in impulsive fashion. Nevertheless, please be aware that this might be just a ZigZag wave b as a part of Irregular Flat correction wave (2).

Support/Resistance:

1.2984 -  Swing Low
1.3089 - 23%Fbo
1.3152 - 38%Fibo/First possible Distributio Area/Previous wave Four Area

Trading Recommentadion:
If next wave to the downside will be in five waves and if it will NOT break 1.2950 level than one can try to go long to try to catch wave (c) to the upside. TP is the 1.3152  as a possible distribution area.

Seb

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Snapshot Day

EUR/JPY H1 Update

Please follow the link ( scroll down the page please):

EURJPY H1

Seb

EUR/JPY H1 & H4 Update

Please see the post here:
EURJPY H1 & H4 Update

THX,
Seb

USD/CAD H4 Update

Hi guys,

Please click here to see the Update:
USDCAD H4


Thx,
Seb

26.06.2013 GBP/USD H1 Ariel

GBP/USD 
LONG
1 position: 1.5364
SL 1.5355
RISK: 9 pips

EUR/USD M30 25.06.2013 Trade Ariel

EUR/USD
BUY
1 position:  1.3095
2 position:  1.3088
SL 1.3079
Risk: 26 pips

 CLOSE: 1.3107
PROFIT: +30 PIPS

EUR/JPY H1 Update

General Overview:

Previous Update is here:
http://elliottfxtrader.blogspot.com/2013/06/eurjpy-h4-update.html

Price is in a complex and time consuming corrective wave X and last 7 swing to the upside make it some sort of complex corrective pattern. That means more correction to the upside is anticiapted - no clear outlook right now.

Support/Resistance:

131.26 - Swing high
129.92 - 78%Fibo
126.92 - Weekly pivot
124.94 - Swing Low

Trading Recommendation:
Stay away until clear pattern emerge.

Seb

30-DAY FREE TRIAL ON WWW.RESISTANCEINVEST.COM 

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EUR/USD H1 Update

General Overview:

Wave 1 should be finished now in five impulsive waves so sellig the rallys is the way to go now. First sell entry is for agressive traders, more classic one is on the previous wave four area of a lesser degree @ 1.3250 - 1.3290 area - this area merges with some important Fibo retracements.

If You like to ride a waves, You  can buy the lows of wave 1 as well  with stop loss below the low and take profit levels into sell areas.

Please notice that the alternate count indicates a possibility of WXY Irregular Flat Wave 4 correction as well  so any impulsive development above 78.6%Fibo would put the count into question.


Support/Resistance:

1.3416 - Swing High
1.3343 - 78.6% Fibo
1.3250 - 1.3290  Classic Sell Entry Area
1.3175 - Agressive Sell Entry Area (tigh SL)
1.3098 - Swing Low
1.3000 - Alternate count invalidation line/Top confirmation

Trading Recommendation:
Sell the Agressive (tight SL) or Classical Sell Entry Area with SL above the Swing High in anticipation of larger cycle decline.
SIGNALS:
Forex Signal No.330a|Sell EUR/USD@1.3175|SL:1.3190|TP1:1.3100|2013.06.22 11:30 CET|ScalpSell|
Forex Signal No.330b|Sell EUR/USD@1.3250|SL:1.3420|TP1:1.2950|TP2:1.2750|2013.06.22 11:30 CET|SwingSell|
Forex Signal No.330c|Sell EUR/USD@1.3290|SL:1.3420|TP1:1.2950|TP2:1.2750|2013.06.22 11:30 CET|SwingSell|

Seb

30-DAY FREE TRIAL ON WWW.RESISTANCEINVEST.COM 

FOR ALL NEW CLIENTS. 

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USD/CHF H4 Update

General Overview:

There is still one more wave to the downside missing so all the upside rallys should be considered as corrective and the main objective now is to find the end of wave 4 and sell it.


I have two scenarios here:
SCENARIO 1: wave 4 will end on previous wave four area of a higher degree ( (iv) ) somewhere in the area of 0.9400 - 0.9417
SCENARIO 2: wave 4 will end  higher into 50% Fibo somewhere in the area of 0.9483 - 0.9515.


Please notice that there is a possibility, that this wave 4 might  be in shape of a TRIANGLE as well!

Support/Resistance:

0.9834 - Swing High
0.9590 - blue impulsive count invalidation line
0.9567 - 61%Fibo
0.9517 - 0.9483 SUPPLY ZONE OF WAVE 4
0.9400 - 0.9417 - SUPPLY ZONE OF WAVE 4
0.9132 - Swing Low


Trading Recommendation:
Sell the wave rallys inot the SUPPLY AREAS of 0.9400 - 0.9417 OR 0.9517 - 0.9483
SIGNALS:

Forex Signal No.336a|Sell USD/CHF@0.9417|SL:0.9437|TP1:0.9250|TP2:0.9137|2013.06.22 11:30 CET|SwingSell|
Forex Signal No.336b|Sell USD/CHF@0.9515|SL:0.9537|TP1:0.9250|TP2:0.9137|2013.06.22 11:30 CET|SwingSell|

Seb

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CHF/PLN Weekly Update

General Overview:

Recent price development urged to change to count due to no impulsive price rection after previous wave 4 low. The new count indicates, that wave 4 is a classical traiangle pattern anr recent range breakout is first wave (i)  to the upside that on Daily chart has been finished and now a correction is due. When corrective wave (ii) will be done, powerfull wave (iii) is just about the corner.


The Key Level is 55 period moving average - the last time price went to this level it was heavily bought.


If Extended Triangle pattern line will be broken, then this would be first clue that low is in.

Support/Resistance:

3.700  - Swing High
3.5500 - Extended Triangle pattern trend line
3.4750 - 100 WMA
3.4150 - 55 WMA
3.3000 - Wave one low/Bullish count invalidation level
3.2650 - Swing Low



Trading Recommendation:
Buy the dips with SL below 3.300 and POTENTIAL target of 4.100 easy.

Seb

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NZD/USD H4 Update

General Overview:

The bullish divergence on Daily chart suggest the wave 3 has ended @ 0.7695 OR there is one small degree wave missing before the corrective bounce in wave 4 will occur.


The Key Level for further upside is at Key Zone: any breakout would mean more complex and time consuming correction.

Support/Resistance:
0.8135 - Swing High
0.8000 - 0.8050 - Key Zone
0.7915 - descending trend line resistance
0.7695 - Swing Low


Trading Recommendation:
Easy money has been done here so patience is required. More agressive traders can go long after the low of wave 5 is confirmed with the first target on 0.8000 zone.

Seb

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AUD/USD H4 Update

General Overview:

I have re-vised and re-labeled the count again, but the change is almost purly aesthetic: the main problem for me was why the price has broken out to the downside from multi-year triangle formation and not to the upside desplite a lack of one more impulsive wave?

Based on that question I have changed the count and I have fount out, that there is still one more possibility for this very complex and time consuming wave 4 to be valid - the result is on Weekly chart.




On the other hand, on H4 chart one can see a pretty rare ending formation calle Expanding Ending Diagonal Triangle. What supports this view is the fact, that there is heavy buying on futures market if price is makieng a new low.

Still the target for wave 4 is geometrical harmony of A = C @ 0.8957 - 0.9000 area.


Support/Resistance:
0.9594 - Swing High
0.9470 - Key Level/Trend Line Resistance
0.9100 - Swing Low
0.8957 - Wave C Target


Trading Recommendation:
Easy money has been done here so patience is required.Go long ONLY after confirmation on Daily Candle.

Seb

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24.06.2013 - GBP/USD M30

Buy GBP/USD
1 position 1.5357
2 position 1.5350
SL 1.5339
RISK 27 pips

TP 1.5410

 

CLOSE POSITION:

RISK: 27 PIPS PROFIT: 50 PIPS R/R 1,85

CHANGES ON VIP SERVICE

Hi Guys,

I have a pleasure to announce that Sigma_Square VIP Service has found partnership agreement with  http://www.resistanceinvest.com/ and decided to improve the service and  co-operate for mutual benefits of their clients.

From the next weekend (22-23 June 2013) I will upload new charts, signals and video analysys into new site and gradually move the whole  blog content to the fully functional new web page.

For all current subscribers: I will continue to post as usuall up to the end of subscribtion period and then this blog will be closed ( probably end of July - beginning of August). Then If You would like to continue with subscribtion, You would be able to do so by singing up to Sigma_Square on http://www.resistanceinvest.com/.

Please notice that Sigma_Square and INGtrading are TWO SEPARATE SUBSCRIPTIONS.

The price for monthly subscription stays the same $50/month.

King regards,
Sebastian Seliga

EUR/USD M30 CFD VSA Update

Intraday overview:
There is still a possible new high if we consider the alternate count, that indicates the (a)(b)(c) wave 4 Irregular Flat correction - the price is now in ending stages of wave v of wave (c).

From VSA point of view the most important confirmation of further wekness to come is Yao Ming bar on volume that indicates high selling. This was hinted way before due to a wekness in the backgroud in EURUSD.

Key Area for bulls is 1.3175 - 1.3195 zone that has the higer  possible rate of reversal as this is previous wave 4 area as well.

Support/Resistance:

1.3422 - Swing high
1.3321 - Weekly Pivot

1.3284 - Resistance/Triangle Low Level

1.3246 - WS1
1.3175 - 1.3195 - Technical Support and previous wave 4 area
1.3108 - WS2
1.3036 - WS3.

Trading recomendation:
If this 1.3422 is top of wave 2 then short the rally into  1.3321 area with targets of 1.30108 up to 1.3036. Any sustained move  above this level puts the count into question, and break of 1.3422 would invalidate the count.

Ohh nooo!!! Gold so low!

EUR/JPY H4 Update

This chart has been posted in VIP Service on 16 June 2013.

Seb


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EUR/USD M30 Update

Two scenarios here:
SCENARIO 1:
Wave 5 has been finished in truncaded wave five mode and now the price will be heading lower. First confirmation is 1.3286 level breakout.
SCENARIO 2:
Wave 5 has not been finished and the triangle is on the making. New high is expected if 1.3385 is broken.

Seb
IF YOU WOULD LIKE TO RECEIVE MORE CHARTS LIKE THIS ( FOREX, FUTURES AND STOCKS) WITH ANALYSYS, ARROWS,TARGETS, ENTRY LEVELS TP AND SL - JOIN THE V.I.P. SERVICE NOW! 

Sigma Square (VIP SERVICE) Weekly Trading Results 10-14 June 2013

 Hello Traders!

Those are the results for this week: +3.2% on PAMM account and over 1077pips  made!

I have  been not using leverage trading PAMM acccount due to no setup present to take this kind of risk. Maybe next week will bring more opportunities.

Please remember that Sigma_Square is my VIP SERVCE alias.







Weeks From 10.06.2013 - 14.06.2013
Forex Signal No.332|Sell CAD/JPY@97.04|SL:97.55|TP1:96.84|2013.06.09 16:30 CET|Scalp|LiveTweet|Closed +7pips
Forex Signal No.332|Sell CAD/JPY@97.04|SL:97.55|TP1:96.84|2013.06.09 16:30 CET|Scalp|LiveTweet|Closed +14pips
Forex Signal No.332|Sell CAD/JPY@97.27|SL:97.55|TP1:96.84|2013.06.09 16:30 CET|Scalp|LiveTweet|Closed +31pips
Forex Signal No.331a|Sell USD/JPY@97.70|SL:97.85|TP1:96.31|TP2:95.00|2013.06.09 16:30 CET|SwingSell| TrendLineSell| INVALIDATED due to Opening Gap
Forex Signal No.332b|Sell USD/JPY@98.30|SL:98.46|TP1:96.31|TP2:95.00|2013.06.09 16:30 CET|SwingSell| FiboClusterSell| SL Hit -16pips
Forex Signal No.331c|Sell USD/JPY@98.80|SL:99.55|TP1:96.31|TP2:95.00|2013.06.09 16:30 CET|SwingSell| TechResistanceSell|Closed +25pips
Forex Signal No.331d|Sell USD/JPY@99.13|SL:99.55|TP1:96.31|TP2:95.00|2013.06.09 16:30 CET|SwingSell| TechResistanceSell|Closed +31pips
Forex Signal No.331a|Sell USD/JPY@99.30|SL:99.55|TP1:96.31|TP2:95.00|2013.06.09 16:30 CET|SwingSell| LITSSell| T1 & TP2 Hit +430pips
Forex Signal No.330a|Sell EUR/JPY@129.05|SL:130.05|TP1:125.50|2013.06.09 16:30 CET|SwingSell| INVALIDATED due to Opening Gap
Forex Signal No.330b|Sell EUR/JPY@129.60|SL:130.05|TP1:125.50|2013.06.09 16:30 CET|SwingSell| SL HIT -45pips
Forex Signal No.329|Sell GBP/USD@1.5850|SL:1.5920|TP1:1.5600|TP2:1.500|2013.06.09 16:30 CET|SwingSell|
Forex Signal No.327|Sell EUR/USD@1.3343|SL:1.3373|TP1:1.3000|TP2:1.27500|2013.06.09 16:30 CET|SwingSell|SCENARIO 2| SL Hit -30pips
Forex Signal No.328|Sell EUR/USD@1.3505|SL:1.3737|TP1:1.3000|TP2:1.27500|2013.06.09 16:30 CET|SwingSell|SCENARIO 3

Additional +630pips made in various swing trades tweeted live on my private stream on Twitter that is availabe for VIP SERVICE subscribers. JOIN NOW TO THE VIP SERVICE TO RECEIVE  LIVE BUY and SELL SIGNALS!!!


Week from 10.06-14.06.2013                      +1077pips in scalp                                                     

Grand Total since 20.12.2012             
 +6411pips!                                                            
+207 DAX Points                                                        
+22 SP500 points                                                         
+$49 Gold                                                         
 +115 NatGas                                                       
+110 Nikkei                                                             
+5 Corn                                                            

+1 Soybeans
+2914 GOOGLE
+371 APPLE


Trade of the week is of course USDJPY Shorts: almost spot on analysys and then if You have been patient enough You coud make a lot of pips because all TP levels were hit and beyond!!!

We are back on track!

 More details is on RESULTS page of this blog.



Regards,
Sebastian Seliga

Eur/Nzd H4 Update

Looks like a,b complete of wave 4 and we are well ahead of complete the wave 4. i think one push down need to complete the count. Good chance to complete in between 1.6344 to 1.6357.

EURPLN, USDPLN , CHFPLN Weekly Update

Aktualizacja licznika podsawowych par walutowych ze zlotowka w tle czyli EURPLN, USDPLN, CHFPLN.
Pelna analiza video tutaj:
http://www.youtube.com/watch?v=5MuLNx5vsxI

Wykresy:

DAX30 Futures H1 Update

I have added a possible alternate count in schape of impulsive wave alt:1 and alt:2. After that next wave is a potential Leading Diagonal wave 1 but any movement above the invalidation line make new high above wave A  more possible.


Seb

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Eur/Ndz H4 Update

Yesterdays H4 update was the end of Blue wave 3 and we can already spot that blue wave 4 start. Recent push down to near .382 fibo level is wave a of wave 4. as wave a complete near .382 we can expect wave 4 will complete near .50 fibo level also notice that after a long time up trend this is first time we see some downtrand as this is wave 4 after long trand up i think it will be more complex then regular abc wave 4.

Eur/NZD H4 Update

Blue wave 3 complete at expected murry math level which was 1.7089 and now we are going down to complete wave blue wave 4. yesterday i was unable to post a 4h update, i am really sorry for that.

EUR/USD CFD Futures M30 Update

We have first signs of distribution process going on  but only on M30 - H1 charts.
Short trigger level is 1.3201 - below that more weakness is expected.

Nevertheless, there is one more wave missing to the upside to finish the cycle.

Seb

Black Gold? Massive hoards hidden for ages? Not!

PAMM ACOUNT - PA-VSA-trader

Hello,
I have just opened PAMM account on InstaForex broker.

(http://www.instaforex.com/pl/pamm_monitoring.php?trader=5214950)

my own capital: 100 usd.

strategy:
working system: Day Trading (5 days in week)
pairs: EUR/USD; GBP/USD, EUR/JPY, AUD/USD, DAX.
SL: 15-30 pips
TP: 30-80 pipsR/R: 2-3:1
Risk: 4%/position

Minimal investment timeframe: 30 days. Minimal investment sum: 10 USD.
Every open position should account for 4% use of the deposit, assuming that 4% equals 100 pips!!! That means the loss of 100 pips is equal to losing 4% of the deposit and by analogy, every 100 pips is a profit of 4% for you. 

Weekly PAMM account account review to be posted on public blog as well (http://elliottfxtrader.blogspot.com)




If You are interested please follow this steps:
1. You need to open a live trading account on InstaForex, please use this link ( this is my affilate program with InstaForex):
http://instaforex.com/en/index.php?x=HAHS
2. Click on Open Live Trading Account using this settings:
-account type: STANDARD
- server: EUROPE
-leverage: 1:200
-base currency: $USD
- affilate code : HAHS
PLEASE DO NOT CHANGE ANYTHING AND DO NOT CLICK ON 5DIGIT QUOTES OPTION.
3. Follow the instructions on screen.
4. When You finished with opening live account, please log in to Traders Cabinet and clik on PAMM System on menu on left side.
5. Please remember that when You open the PAMM account You need to choose PAMM INVESTOR option!
6. Fund Your account ( You can start to verify Your account as well).
7. Send me an email please  for confirmation purpose.
8. PLEASE REMEMBER THAT ONLY YOU  CAN WITHDRAW MONEY FROM PAMM ACCOUNT. MY COMMISION IS BEING CALCULATED AUTOMATICALLY BY INSTAFOREX BROKER.

MY PAMM ACCOUNT DETAILS:
-project name: PA-VSA-trader
-account number: 5214950
-managing trader: Ariel Silakowski


I started in 11.06.2013r.


LINK LIVE SCORE: (http://www.instaforex.com/pl/pamm_monitoring.php?trader=5214950)





Best regards,
Ariel

EUR/NDZ H4 Update

Looks like the murry math level taken out but the price is not in a mood for bounce so quick.
check the cci ewo and stoch indicator this three still showing possibility of going down soon.

EUR/NDZ H4 Update

Yesterdays h4 eur/nzd update not work as i planed. Today we need to adjust a little bit. But today we can see a good tread position available. Based on murry math pivot at 1.66016 and price nicely going down form  1.6571. also looks at the EWO and CCI indicator both showing divergence and Stoch also suggest that price can go down any moment.  i will post a 30m chart later today when everything will be clear and we can place a short.

Nikkei225 Futures Daily Update

Previous wave four levels hold perfectly so it means the count is right on track.
One more wave to the upside is still missing.

Key Levels for Bulls and Bears on chart.

Seb


If You want to receive more charts like this  - with EW count, arrows, entry, TP,SL and explanation - JOIN THE VIP SERVICE NOW!

DJIA Futures Daily & Weekly Update

 There are two scenarios present on Weekly charts: BULLISH and BEARSIH.
On both level of 14258 is the Key Level.
Currently some sort of corrective pullback is expected: for bulls this would be wave 4 in blue circle, for bears  wave 1 to the downside. One of this scenarios is wrong and time and wave progression will tell which one it is:

On Daily chart is preffered main BEARISH count. Currently price is on Monthly Pivot point of 15088.33 pink dashed line. Any break to the downside will expose previous wave four area @ 14998.

EUR/NZD 30M update

I am posting this 30m update now and will update if there is any progress or based on request.

In 4 hour chart we are clearly in up trend and now in blue wave 4. In 30M chart we will closely observe the chart so that we can tread based on that. So far i think wave a and b complete of wave 4 and price moving lower to wave c.

EUR/NZD H4 Update

My first update on elliottfxtrader.blogspot.com hope you all will appreciate. 

I am counting this chart form the month of April and now we are in June. so far the trend is clearly up 

and my Elliott wave count suggest that now we are in wave 4 of blue wave. 

Weekly Video Analysys

This analysys consisist of EUR/USD, DXY Dollar Index, EUR Euro Index and SP500 Futures analysys.

For English spekaers:
http://www.youtube.com/watch?v=aoOYfIgAwgs
Po Polsku:
http://www.youtube.com/watch?v=EvEiQUC-8do

Seb

If You want to receive more charts like this  - with EW count, arrows, entry, TP,SL and explanation - JOIN THE VIP SERVICE NOW!

Sigma_Square Trading Results 24-31 May 2013

Hello Traders!

Sooner or later it must happen and this is it: RED WEEK  and -6% on PAMM account.

Biggest losess were made on three leveraged trades on EURUSD, GBPUSD and USDCHF at the same time.

The plan on next week is not to leverage too much and get the investors money back as soon as possible.

Results:
Week from 27.05-31.05.2013                      -223inScalp, -$50onGold,-26pipsonSwing

Grand Total since 20.12.2012             
 +5334pips!                                                            
+207 DAX Points                                                        
+22 SP500 points                                                         
+$49 Gold                                                         
 +115 NatGas                                                       
+110 Nikkei                                                             
+5 Corn                                                             
+1 Soybeans
+2914 GOOGLE
+371 APPLE


Wish You all green pips next week!

Regards,
Sebastian Seliga