Forex Trading

Measured Bearish move of GBP/USD

Currency pair GBP/USD confirmed the continuation decline pattern in middle January 2010. In table bellow are predicted values of the pair through the measure move decline calculation in points (1.5412) and % (1.5438) term.

Reversal decline of GBP/USD		Date
High	1,6876	16.11.09
Low	1,5832	30.12.09
Difference	0,1044
Difference (%)	-6,19%
Consolidation
High	1,6456	19.01.10
Continuation decline
Points	%
1,5412	1,5438	???

Wait some days more to reach the values???!!!

Measured Bullish move of USD/CHF

Currency pair USD/CHF confirmed the continuation advance pattern in middle January 2010. In table bellow are values of the pair through the measure move advance calculation in points (1.0676) and % (1.0685) term.

Reversal advance of USD/CHF		Date
Low	0,9961	03.12.09
High	1,0507	17.12.09
Difference	0,0546
Difference (%)	5,48%
Correction
Low	1,0130	11.01.10
Continuation advance
Points	%
1,0676	1,0685	05.02.10

Today the values have been reached...!!!

Measured Bearish move of EUR/USD

Currency pair EUR/USD confirmed the continuation decline pattern in middle January 2010. In table bellow are predicted values of the pair through the measure move decline calculation in points (1.3652) and % (1.3687) term.

Reversal decline of EUR/USD		Date
High	1,5144	25.11.09
Low	1,4218	22.12.09
Difference	0,0926
Difference (%)	-6,11%
Consolidation
High	1,4578	13.01.10
Continuation decline
Points	%
1,3652	1,3687	???

Today pair touched the lowest point @ 1.3844...Could the EUR/USD be trading @ above mentioned levels 1.3652 or 1.3684 and see confirmation in measure bear calculation...!!!

Measured Bearish move of EUR/GBP

Regarding my last posts where I explain the measure of the bearish and bullish movement with today's post we could observe real and practical example.

Currency pair EUR/GBP confirmed the continuation decline pattern last year. In table bellow are predicted values of the pair through the measure move decline calculation in points (0.8575) and % (0.8591) term.

Reversal decline of EUR/GBP		Date
High	0,9411	13.10.09
Low	0,8833	17.11.09
Difference	0,0578
Difference (%)	-6,14%
Consolidation
High	0,9153	30.11.09
Continuation decline
Points	%
0,8575	0,8591	???

Last the lowest point in pair was 0.8601 on 28 Jan 2010... It is only 26 pips difference of points (0.8575) and amazing 10 pips of % (0.8591) term. Maybe the low level will go further!!!

We could say that really works...!!!

Steve Jobs, Apple, the iPad, and King Gillette

Looks like the 'iPad' was a real flop, not only based on the overwhelming public outcry, but also the stock drop! This new video looks at all aspects of the reasons and focuses on the technical side

NASDAQ crosses important trend line

Watch video and see what would be the further NASDAQ movement regarding technical analysis.

Measured (Bullish or Bearish) move

The Measured Move (Bullish or Bearish) consists of a three parts. The formation has: reversal advance / decline, correction / consolidation and continuation advance/ decline. This continuation pattern can not identified until the 2-d part-correction / consolidation confirmed the pattern, and it is long term and takes form over couple of months.

This Measured Move could be measure by points or percentage. Some technical analysts prefer points rather than percentage, some vise versa.

Please, find example for measured bullish move bellow, so could we see the stock price to 34.09 (points measure) or 39.19 (percentage) in long term future!?

Reversal advance
Low	15.32
High	27.86
Difference	12.54
Difference (%)	81.85%
Correction
Low	21.55
Continuation advance
points	%
34.09	39.19

Measured (Bullish or Bearish) move

The Measured Move (Bullish or Bearish) consists of a three parts. The formation has: reversal advance / decline, correction / consolidation and continuation advance/ decline. This continuation pattern can not identified until the 2-d part-correction / consolidation confirmed the pattern, and it is long term and takes form over couple of months.

This Measured Move could be measure by points or percentage. Some technical analysts prefer points rather than percentage, some vise versa.

Please, find example for measured bearish move bellow, so could we see the stock price to 6.3 (points measure) or 15.18 (percentage) in long term future!?

Reversal decline
High	49.25
Low	22.87
Difference	26.38
Difference (%)	-53.56%
Consolidation
High	32.68
Continuation decline
points	%
6.3	15.18

EUR/GBP-29 Jan, 2010

Hi Forex traders,

Since my last post, EUR/GBP has made consolidation to 0.8793 on 22 and 25 January and continues with down trend. Yesterday pair reached low @ 0.8601. At the moment currency pair has been trading around 0.8633. Breaking the level of 0.8600 we could see more declines in pair.

Good luck in trading

EUR/USD

Dear FX Visitor,

As per my last post EUR/USD shows decline and take another down trend. Today, in Asia trading season the pair touched low @ 1.3939 , level from June 2009. Now the pair is being trading around 1.4040. daily chart the EUR/USD is in sell trend and freefalling mood. So, the pair broke the 1.40 level. On weekly chart now the first support, 200 EMA - 1.3747 or Fibonacci Retracement 76.4% around 1.3420.

Could we see new levels in pair in coming days?

Is the Dow in trouble?

Take a break and watch this video to see how well Dow Jones is, and the future movement of DJIA

Warren Buffett quote

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Where should YOU be in the S&P 500?

Get a quick moment and watch this video to see the future movement in S&P 500

President Obama’s bank plan

Dear Reader,

Yesterday announcement by President Obama for his plan for decreasing the risk- taking by banks and how regulators define proprietary trading as prevent of the new credit crises in future, hammered the stocks of the four largest banks in USA loosed more that 4%,

Have a good trading day

EUR/GBP-21 Jan, 2010

Hi Forex traders,

EUR/GBP has taken huge decries from 12 Jan 2010. From high @ 0.9027 on 38.2 Fibonacci Retracement to yesterday low @ 0.8694 near to 161.8 Fibo. I think that the pair get a little "rest" (consolidation) before take next direction.

Good luck in trading

EUR/USD

Dear FX Visitor,

As per my previous posts EUR/USD shows power and take the direction. Last two days from high @ 1.4413 pair has reached low 1.4168 today. At he moment pair is being trading around 1.4183.  Regarding daily chart the EUR/USD is in sell trend and freefalling mood. On weekly chart first support is 1.4129-100 EMA on same level as lower Bollinger bands, 50 EMA - 1.4058. 200 EMA - 1.3747.

The time of USD just began!!!???

Kraft Foods Inc. vs. Cadbury Plc

Maybe "the sweetest deal in history" of merger and acquisition. After more than  1 month negation the deal is over. One of the biggest icon in British economy and history, almost 200 years old, now with American taste. They didn't success although on Sunday, the Mail, one of the U.K.’s biggest selling newspapers, running a campaign to “Keep Cadbury British.”

Martin Luther King Day

Today is observance of Martin Luther King Day, the US banks will be closed, so maybe will be low volatile during the US trading seasons.

EUR/USD

Dear FX Visitor,

EUR/USD has reached high of 1.4578 two days ago, after which pair starts declining. At the moment is @ 1.4400 level. Regarding 4h chart EUR/USD is in sell trend. First support is 1.4358 200 EMA on daily chart, and 1.4257 the lowest level in last week.

Is it good opportunity for placed one good short positions!!!?