Chart Update (Week of 29/09/2014)

As of this week, the account is down about 6% for the month. We had bets placed for a weaker sterling and Euro, shorting GBP/CAD and EUR/NZD mainly this month, but the market did not react in favor of our trade. 537 more words


$AUDJPY- bounce?

Currently we are at 96.51. We are on the 0.500 Fibo and looking for a bounce back to the 0.214 Fibo @ 97.66 with an overall target @ 99.20.  20 more words

Trade Setup

( +79) week39 AUDJPY h1 1234 divergence with range

h1 moveability

Had a classic 1234 setup with macd divegence. This will be a setup that does not have a nice H4T trend, but one more of ranging. 62 more words

AUD/JPY – 15/09/2014 (Analysis Follow-Up 2)

In our previous follow-up analysis here, the AUD/JPY pair was still hovering just above the support level around 96.40. After 2 days of waiting, the pair has finally made some movement, and is currently trading around 97.43. 181 more words


$AUDJPY- trend or Break?

Currently we are at 97.30. We have respected the trend top so far but don’t rule out an attempt to break the trend.  We are looking for a continuation to the S4 Support area @ 96.38 with an overall target @ 97.51.  20 more words

Trade Setup

AUD/JPY – 15/09/2014 (Analysis Follow-Up)

Following our previous analysis of the AUD/JPY pair here, the pair has actually fallen to our resistance turned support level at 96.40. It formed a bullish pinbar rejecting more downside move for the pair. 228 more words

Fx Analysis

Weekend Update: September 14th, 2014 - Cracks Appear

“Now things get murky. There remains the potential of an irregular top at 2011 as previously discussed (red count) and we have started a “nested” 3rd wave decline OR a more complex 4th wave structure with new ATH’s still to come (preferred black count). 842 more words