Monday, 9 December 2013

USDJPY, New Top + Zig Zag

Hi Traders,

Apologies to all Traders for missing the last 3 weeks. I've been really super busy. Before diving ourselves into the latest analysis let me remind you about the last events of December 2013:

FREE WEBINAR TODAY at 8pm AEST (Sydney Time). To participate CLICK HERE

MOST IMPORTANTLY

ELLIOTT WAVE + WAVE OSCILLATOR BOOTCAMP in Sydney on Monday 16th. To participate CLICK HERE


ANALYSIS: USDJPY




USDJPY, New Top + Zig Zag

The USDJPY, now at 102.98, is close to a new top which should be followed by a Zig-Zag in 3 swings to 101.47.


TARGETS

first a bit up to the area 103.30-103.37

then down

likely: 102
possibly: 101.47
maybe: 101


ELLIOTT WAVES

The 1-hour chart displays a nice a-b (wave b might not be completed yet). Wave b should be followed by wave c to 101.47 or lower.

Once the Zig Zag is completed the uptrend should resume to 105.30-105.60 as a minimum. This new top might not be broken for quite a while.

NOTE

Check the wave oscillator in the daily/4-hour chart before taking any position.







weekly chart - click to enlarge







daily chart - click to enlarge







wave oscillator over the daily chart - click to enlarge






4-hour chart - click to enlarge







wave oscillator over the 4-hour chart - click to enlarge








1-hour chart - click to enlarge 






wave oscillator over the 1-hour chart - click to enlarge


Monday, 18 November 2013

Elliott Waves Bootcamp

ELLIOTT WAVES BOOTCAMP



When: Monday, DEC 16th




How Long: 9am-1pm + 2 pm-6pm (8 hours)




Where: SYDNEY




Location: State Library of New South Wales, Macquarie St, Sydney NSW 2000 ‎



Price: $687 (down from $1385)




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For further information call Mario D. Conti +61 (0)2 8882 9260 or email to info[at]elliottwaves.com.au

Subject: "MASTERING THE SECRETS OF ELLIOTT WAVES AS A PROFESSIONAL TRADER".



DESCRIPTION



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  • Learn ""what pattern to expect" and "when".

  • Learn to successfully master the "Wave Oscillator" to identify safer entry/exit points.

  • Spot the major turning points.

  • Identify profitable long running trades.

  • Identify and avoid bad losing trades.

  • Keep your trades running for as long as needed.

  • Learn to successfully master the "Wave Oscillator" to identify safer entry/exit points.

  • Review the "Elliott Wave Principles".




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Wednesday, 6 November 2013

WTI OIL on target

Hi Traders,


Before getting into the analysis of the WTI OIL, don't forget the incoming:


ELLIOTT WAVES BOOTCAMP


When: Thursday, NOV 14

How Long: 9am-1pm + 2 pm-6pm (8 hours)

Subject: "MASTERING THE SECRETS OF ELLIOTT WAVES AS A PROFESSIONAL TRADER".

Location: City Index Sydney.

Price: $650 (down from $1385)

To RSVP: click on "HERE" to be re-directed to a Payment Gateway. 


  • For further information call Richard Vatner at City Index: 02 9270 3618.




DESCRIPTION

  • Learn to successfully master the "Wave Oscillator" to identify safer entry/exit points.

  • Spot the major turning points.

  • Identify profitable long running trades

  • Identify and avoid bad losing trades

  • Keep your trades running for as long as needed 

  • successfully master the "Wave Oscillator" to identify safer entry/exit points.



To RSVP: click on "HERE" to be re-directed to a Payment Gateway. 


  • For further information call Richard Vatner at City Index: 02 9270 3618.

...




THE ANALYSIS: WTI OIL on target


The WTI OIL (now at 93.74) is almost on target.  The last wave of the daily chart displays 6 red candles and the weekly chart 8 red candles, meaning that a old downtrend is kicking the bucket and the new uptrend is imminent.


TARGETS

First: 93.10-92.67

then 

likely: 98.83-99.09
possibly: 100.13-100.30
maybe: 102.41-10219

ELLIOTT WAVES

The old downtrend is made of major wave 4 (weekly & daily charts) which, in turn, it's a 5-waves-downtrend (in the daily chart). It might touch the lower boundary of the channel soon.

The last wave of the 1-hour chart displays only 4 small ripples downwards (in green) of the lowest possible grade (out of 5).

The 5th one should take the OIL to the area 93.10-92.67. Then new uptrend should start.

NOTE:

Enter after a confirmation of the "wave oscillator" 
on the 1-hour chart.
Also, out of curiosity, check the timing on the monthly chart.



Monthly chart, click to enlarge







Weekly chart, click to enlarge





 Daily chart, click to enlarge





Wave oscillator applied to the daily chart, click to enlarge





4-hour chart, click to enlarge






wave oscillator applied to the 4-hour chart, click to enlarge





1-hour chart, click to enlarge





wave oscillator applied to the 1-hour chart, click to enlarge

Monday, 4 November 2013

GBPUSD double top

Hi Traders,

Before getting into the analysis of GBPUSD, don't forget my Elliott wave Bootcamp in SYDNEY.

THURSDAY Nov 14: ELLIOTT WAVE BOOTCAMP in Sydney (8 hours for $650).


Subject: "MASTERING THE SECRETS OF ELLIOTT WAVES AS A PROFESSIONAL TRADER". Hosted in City Index Sydney.


If you want to be part of the ELLIOTT WAVES BOOTCAMP in Sydney:

  • click on "HERE" to be re-directed to a Payment Gateway.
  • for further information call Richard Vatner at City Index Sydney: 02 9270 3618.


DESCRIPTION


  • Learn to successfully master the "Wave Oscillator" to identify safer entry/exit points.

  • Spot the major turning points.

  • Identify profitable long running trades

  • Identify and avoid bad losing trades

  • Keep your trades running for as long as needed 

  • To successfully master the "Wave Oscillator" to identify safer entry/exit points.

  • Spot the major turning points.

  • Identify profitable long running trades

  • Identify and avoid bad losing trades



    If you want to be part of the ELLIOTT WAVE BOOTCAMP in Sydney:

    • click on "HERE" to be re-directed to a Payment Gateway.
    • for further information call Richard Vatner at City Index Sydney: 02 9270 3618.



      ...




      THE ANALYSIS: GBPUSD





      The Pound (now at 1.5923) did exactly as predicted. It has completed wave 3 upward (daily chart) with a double top and then reversed. It's now almost on the 1.5908-1.5881 support.

      If the support holds it should bounce back to 1.6032 and 1.6075 and then down again.

      TARGETS

      First 1.5908-1.5881

      then

      likely: 1.6000
      possibly: 1.6079
      maybe: 1.6122


      ELLIOTT WAVES

      After the double top, the GBPUSD is supposed to perform a retracement to the area 1.5706-1.5692 in 3-5 waves downward. This retracement is wave 4 (daily chart) and should form an a-b-c or an a-b-c-d-e.





      weekly chart - click to enlarge






      daily chart - click to enlarge






      wave oscillator over the daily chart - click to enlarge






      4-hour chart - click to enlarge






      wave oscillator over the 4-hour chart - click to enlarge







      1-hour chart - click to enlarge 





      wave oscillator over the 1-hour chart - click to enlarge





      Sunday, 3 November 2013

      Major Indices, TTP

      Hi Traders,

      Before getting into this Comparative Analysis of the Major Indices, check the Elliott Wave Bootcamp in SYDNEY.

      THURSDAY Nov 14: ELLIOTT WAVE BOOTCAMP in Sydney (8 hours for $650).

      Subject: "MASTERING THE SECRETS OF ELLIOTT WAVES AS A PROFESSIONAL TRADER". Hosted in the premises of City Index in Sydney.

      If you want to be part of the ELLIOTT WAVE BOOTCAMP in Sydney:

      • click on "HERE" to be re-directed to a Payment Gateway.
      • for further information call Richard Vatner at City Index Sydney: 02 9270 3618.


      DESCRIPTION

      • Learn to successfully master the "Wave Oscillator" to identify safer entry/exit points.
      • Spot the major turning points.
      • Identify profitable long running trades
      • Identify and avoid bad losing trades
      • Keep your trades running for as long as needed 
      • To successfully master the "Wave Oscillator" to identify safer entry/exit points.
      • Spot the major turning points.
      • Identify profitable long running trades
      • Identify and avoid bad losing trades
      • Keep your trades running for as long as needed 



        If you want to be part of the ELLIOTT WAVE BOOTCAMP in Sydney:

        • click on "HERE" to be re-directed to a Payment Gateway.
        • for further information call Richard Vatner at City Index Sydney: 02 9270 3618.



          ...




          MAJOR INDICES: TTP


          Apologies but I won't display the usual charts as there are far too many charts to work on.


          I checked 4 indices: DJ30, FT100, S&P500 and SPI200 and we seem to have a common Time Turning Point this month, possibly  between Mon Nov 18 and Fri Nov 29. 

          If this analysis is correct, this might be an important top. It should be the top of "major wave 3" in the weekly chart (not displayed).

          Hence, a major retracement might follow to form "major wave 4" over several weeks following this top.

          "Major wave 4" usually take the shape of an a-b-c-d-e, meaning that it might last for quite a while.

          Hence, be very careful for the rest of the month and use the "Wave Oscillator" to spot this turning point if it occurs.

          I'll keep you updated.





          Thursday, 31 October 2013

          WTI OIL, almost there

          Hi Traders,

          Before getting into the analysis of WTI OIL, don't forget my Elliott wave Bootcamp in SYDNEY.

          THURSDAY Nov 14: ELLIOTT WAVE BOOTCAMP in Sydney (8 hours for $650).


          Subject: "MASTERING THE SECRETS OF ELLIOTT WAVES AS A PROFESSIONAL TRADERS". Hosted in City Index Sydney.


          If you want to be part of the ELLIOTT WAVE BOOTCAMP in Sydney:

          • click on "HERE" to be re-directed to a Payment Gateway.
          • for further information call Richard Vatner at City Index Sydney: 02 9270 3618.



          DESCRIPTION

          • Learn to successfully master the "Wave Oscillator" to identify safer entry/exit points.
          • Spot the major turning points.
          • Identify profitable long running trades
          • Identify and avoid bad losing trades
          • Keep your trades running for as long as needed 
          • To successfully master the "Wave Oscillator" to identify safer entry/exit points.
          • Spot the major turning points.
          • Identify profitable long running trades
          • Identify and avoid bad losing trades
          • Keep your trades running for as long as needed 



            If you want to be part of the ELLIOTT WAVE BOOTCAMP in Sydney:

            • click on "HERE" to be re-directed to a Payment Gateway.
            • for further information call Richard Vatner at City Index Sydney: 02 9270 3618.



            ...




            THE ANALYSIS: WTI OIL





            The WTI OIL (now at 96.60) did exactly as predicted and it's moving to target area around 95.00-94.79.

            After hitting the new low it should start a new uptrend that might take it to the area 104.00-104.31 (see weekly chart).

              
            TARGETS

            First: 95-94.79

            then 

            likely: 98.88-99.22
            possibly: 101.72-102.07
            maybe: 104.00-104.31

            ELLIOTT WAVES

            The weekly chart shows that this is the first leg down of wave 4.


            A pullback is expected to 104-105. This might be followed by another leg down to form an "a-b-c" ending around level 91.00.

            NOTE

            However, if the oil doesn't perform a zig-zag (a-b-c), it might stretch straight to the area 112-115 (weekly chart).






            Monthly chart, click to enlarge






            Weekly chart, click to enlarge






             Daily chart, click to enlarge






            Wave oscillator applied to the daily chart, click to enlarge






            4-hour chart, click to enlarge






            wave oscillator applied to the 4-hour chart, click to enlarge






            1-hour chart, click to enlarge






            wave oscillator applied to the 1-hour chart, click to enlarge

            Wednesday, 30 October 2013

            GBPUSD, double top

            Hi Traders,



            Before getting into the analysis of GBPUSD, don't forget to REGISTER FOR THE 2-HOUR ELLIOTT WAVES FREE SEMINAR IN SYDNEY TOMORROW.


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            At the Seminar you will have a fair idea of "How to":
            • recognise & label each wave properly
            • predict the direction of new trends
            • correctly identify the starting point of new trends
            • determine targets
            • identify Entry and Exit point in daily, 4-hour and 1-hour charts.



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            TO BE SURE THAT YOU GET YOUR SEAT call Richard Vatner +61(0)2 9270 3618 and mention "MDC" (Mario D. Conti) or leave a message.




            ANALYSIS: GBPUSD




            The Pound (now at 1.6050) displays a double top in the daily chart that should take the pair to the area 1.5706-1.5692. Be aware that in the very short term (1-hour chart) it might bounce back to the area 1.6097-1.6109 or higher.

            That should be your entry point to the target far below.

            TARGETS:

            first to: 1.6097-1.6109
            then
            likely:  1.5706-1.5692
            possibly: 1.56
            maybe: 1.5542

            ELLIOTT WAVES:

            The GBPUSD is in a uptrend and performed 3 waves up (out of 5). The one it's performing now is the retracement wave 4. Hence, don't expect the Pound to move down in one go.

            If this analysis is correct, it will display 3 to 5 waves down (a-b-c or a-b-c-d-e).

            NOTE:

            I'm under the impression that the BOE entered with an heavy hand around 1.6260. However, it should leave the market alone as long as the pounds keeps dropping.




            monthly chart - click to enlarge









            weekly chart - click to enlarge






            daily chart - click to enlarge






            wave oscillator over the daily chart - click to enlarge






            4-hour chart - click to enlarge






            wave oscillator over the 4-hour chart - click to enlarge







            1-hour chart - click to enlarge 





            wave oscillator over the 1-hour chart - click to enlarge