Forex Trading Strategy 117 ~ forex trading wiki
Market Analysis of the 8th of December 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1
Click on the Menu on "Market Analysis" for all the analysis.
Most of the pairs have a clear direction again and it should provide us with some nice setups on H1/H4:
EUR/USD: A new push down, no recent divergence between price and Ewave, downtrend
GBP/USD: Still downtrend
USD/JPY: Second push of the Wave 3, clear uptrend
USD/CHF: A new push up, no recent divergence between price and Ewave, uptrend
AUD/USD: Downtrend, in the Wave 5 (possibility of a new Wave 3)
EUR/JPY: Uptrend, price has move already a lot in that direction though.
USD/CAD: The wave 5 has probably started (but it is not confirmed yet), uptrend but be careful as we may be still in the Wave 4
NZD/USD: The wave 5 has probably started (but it is not confirmed yet), downtrend, price is outside the box.
XAU/USD: We are right in the middle of the Wave 4, no clear trend but, globally the chart is downtrend. However the box is huge so we could still take some setups on H1-H4 (better to go short)
For more details, click "Signals" in the menu (from Monday 8th 8:00 GMT+1)
Click on the Menu on "Market Analysis" for all the analysis.
Most of the pairs have a clear direction again and it should provide us with some nice setups on H1/H4:
EUR/USD: A new push down, no recent divergence between price and Ewave, downtrend
GBP/USD: Still downtrend
USD/JPY: Second push of the Wave 3, clear uptrend
USD/CHF: A new push up, no recent divergence between price and Ewave, uptrend
AUD/USD: Downtrend, in the Wave 5 (possibility of a new Wave 3)
EUR/JPY: Uptrend, price has move already a lot in that direction though.
USD/CAD: The wave 5 has probably started (but it is not confirmed yet), uptrend but be careful as we may be still in the Wave 4
NZD/USD: The wave 5 has probably started (but it is not confirmed yet), downtrend, price is outside the box.
XAU/USD: We are right in the middle of the Wave 4, no clear trend but, globally the chart is downtrend. However the box is huge so we could still take some setups on H1-H4 (better to go short)
For more details, click "Signals" in the menu (from Monday 8th 8:00 GMT+1)
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