Trend/Wave/Extreme Analysis

[finikas]

Time to buy the US Dollar again 21/05/2013

The US Dollar has been gaining consistently over the previous week against nearly every currency in the board. Yesterday we the saw however the US Dollar pulling back a bit. Possibly some people who were long the USD decided to take their profits. What does this mean for you as a trader ? It is time to buy USD again.


NZDUSD/AUDUSD (4-HOUR) Sell
Why Sell
•A strong downtrend line
•Trend (long term indicators) are pointing down
•One extreme indicators pointing overbought
•Chart pattern shows a bounce has occurred after an upwards correction.

Read more about today's analysis here, and about the Trend/Wave/Extreme system where this analysis is based on here.

 

[finikas]

Buying the oil

The rise in Oil stockpiles brought the value of Oil lower continuing its decline over the past couple of days. With the overall trend however being up it’s an opportunity to get in this and buy oil.

Oil (4-Hour) Buy

Why Buy

• A strong up trend line formation
• Trend (long term) indicators are pointing up for both the 4-Hour and Daily timeframe
• Wave (short term) indicators for 4-H and Daily point down being consistent with the trend under 1-H (a shorter timeframe)
• Extreme indicators under 4-Hour point oversold while neutral under 1-Hour and daily
• Support was found and bounce occurred after the 38.2% Fibonacci retracement level

Read more about today's analysis here, and about the Trend/Wave/Extreme system where this analysis is based on here.

 

[finikas]

Free copy of the Trend/Wave/Extreme indicator

To celebrate our 3 consecutive successful trades we are giving for June free MT4 indicator of the Trend/Wave/Extreme system.
You can get it here.

 

[finikas]

RE: Head and Shoulders on USDJPY, Selling it

We were quick to spot a head and shoulder pattern being formed on the USDJPY. Hence we are selling.

Trend/Wave/Extreme system is showing that all the Long and Short Term indicators are pointing Up , while none of them Oversold.

 

[finikas]

180 pips profit

On Friday (31.05.2013) we pointed a sell trade on USDJPY following a head and shoulders formation. This can be seen here.

Check out here how this trade made us 180 pips and about the Trend/Wave/Extreme system where this analysis is based on here.

 

[finikas]

Selling USDCHF

USDCF(4-HOUR) SELL


Why sell

• A continuous down trend line
• Trend (long term) and Wave (short term) indicators are all pointing down
• None of the Extreme indicators are pointing oversold
• Two consecutive down candles formed

Read more about today's analysis here, and about the Trend/Wave/Extreme system where this analysis is based on here.

 

[finikas]

Re: Selling USDCHF 115 pips

And yes we keep on making money .

Check here how our last trade to Sell USDCHF made 115 pips quick.

Read about the Trend/Wave/Extreme system here.

Get your FREE copy of the indicator here.

 

[finikas]

New Amazing Form of the Trend/Wave/Extreme Indicator

Check out the new amazing form of the Trend/Wave/Extreme Indicator


View commentary about possible actions.

Receive alerts when Buy/Sell opportunities arrive based on your preference.

 

[finikas]

USD oversold after Federal Reserves Minutes (10.07.2013)

USD has reached oversold region against many currencies making it a good buy opportunity.


Read more about today's analysis here, and about the Trend/Wave/Extreme system where this analysis is based on here.

 

[finikas]

GBPAUD 140 pips sell

GBPAUD (H4) SELL

The Trend/Wave/Extreme mini indicator is showing us

The Trend Bar is Red filled pointing Down Trend
Wave and Extreme Bars are Up Overbought pointing an up correction that may be ending
A very solid down trend line.
The correction so far has been 140 pips making this a potentially very lucrative trade.

Read about the Trend/Wave/Extreme system here and today's analysis here.

 

[finikas]

NZDUSD (H4) SELL

The Trend/Wave/Extreme mini indicator is showing us

The Trend Bar is Red filled pointing Down Trend
Wave and Extreme Bars are Up Overbought pointing an up correction that may be ending
A very solid down trend line.
The correction so far has been 70 pips

Read about the Trend/Wave/Extreme system here and today's analysis here.

 

[finikas]

Sell GPBAUD 85 pips.

GBPAUD (H4) SELL

The Trend/Wave/Extreme mini indicator is showing us

• The Trend Bar is Red filled pointing Down Trend
• Wave and Extreme Bars are Up Overbought pointing an up correction that may be ending
• A very solid down trend line.
• The correction so far has been 85 pips

Read about the Trend/Wave/Extreme system here and today's analysis here.

 

[finikas]

Sell NZDUSD 70 pips

NZDUSD (H4) SELL

The Trend/Wave/Extreme mini indicator is showing us

• The Trend Bar is Red filled pointing Down Trend
• Wave and Extreme Bars are Up Overbought pointing an Up correction that may be ending
• A very solid Down trend line.
• A 70 pips up correction

Read about the Trend/Wave/Extreme system here and today's analysis here.

 

[finikas]

Head and Shoulder CHFJPY

CHFJPY (H4) SELL

• Buy JPY ,high score of 7.3
• Sell CHF ,low score of 4.3

• The Trend Bar is Red filled pointing Down Trend
• Wave bar is fully loaded Red showing strong Down Momentum
• Extreme bar is barely Oversold so this pair can move much lower
• The chart pattern clearly shows a head and shoulders patterns with a neckline broken initially and being tested
• The distance from the head to the neckline is around 70 pips, so a further 70 pip move is possible

Read about the Trend/Wave/Extreme system here and today's analysis here.

 

[finikas]

GBPAUD (H4) SELL

The Trend/Wave/Extreme mini indicator

• The Trend Bar is Red filled pointing Down Trend
• Wave and Extreme bars are Green pointing an up correction that may have finished
• A solid Down Trend Line

Read about the Trend/Wave/Extreme system here and today's analysis here.

 

[finikas]

GBPJPY (H4) BUY
The Trend/Wave/Extreme mini indicator is showing

View attachment 206437

• The Trend Bar is Green filled pointing Up Trend
• Wave and Extreme bars are red filled pointing a down correction that may have finished
• A solid Up Trend Line

Read about the Trend/Wave/Extreme system here and today's analysis here.