Welcome! Blog about forex trading for newbees but not only. Here you will find info about Trading Strategy (especially mine which is very simple and based on the Science of Chaos) with examples of Trade, trading Tips, market analysis and more.
I won't be able to make video market analysis as I will be away from my desk.
The next market analysis will be made for the week starting the 11th
Review of the week 20 -24 April on 9 pairs H1: +5.5% Profit A pretty good week with a couple of good trades on friday 24th for a total of the week of +5.5% profit
Trade of the Week: GBP/USD H1: 24 April: +2.5% Profit (+108 pips) For more details, click "Examples of Trade" in the menu
This is a classical setup: On the 24th, its uptrend on H4, we have a small fractal box on H1 with stop loss at 39 pips as we expect a wave 5; We take the break, price flies and we exit before the end of the week session for more than +2.5% profit (+108 pips)
Saturday, April 25, 2015
Market Analysis of the 27th of April 2015 : 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.
Daily charts: No direction for the paires, wave 4 or ewave coming back to the zero line
EUR/USD: Its end of wave 3 and we enter into wave 4, prudence
GBP/USD: End of the wave 5 with price now breaking the box,maybe a new wave 3 up
USD/JPY: No trend following a cycle of 5 waves, sleeping alligator, wait for the break of the box
USD/CHF: Wave 4, sleeping alligator, wait for the break of the box
AUD/USD: End of the wave 5 with, no trend, prudence
EUR/JPY: This is still wave 3 down but price in the alligator and ewave coming back to the zero line, prudence.
USD/CAD: New wave 3 down starting,look for short
NZD/USD: No clear trend, be patient
XAU/USD: Maybe start of the wave 5 down, look for short on lower time frames
Thursday, April 23, 2015
Review of the week 13 -17 April on 9 pairs H1: -1.5% Profit Very poor week, very few opportunities to trade, a couple of losses for a total of -1.5%
Saturday, April 18, 2015
Market Analysis of the 20th of April 2015 : 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.
Daily charts: No direction for the paires, wave 4 or ewave coming back to the zero line
EUR/USD: It looks like the end of the wave 3 with alligator closing
GBP/USD: It looks like the end of the wave 5 with price now breaking the box and divergence
USD/JPY: No trend following a cycle of 5 waves, sleeping alligator, wait for the break of the box
USD/CHF: Wave 4, sleeping alligator, wait for the break of the box
AUD/USD: It looks like the end of the wave 5 with price now above the box, possibility to go long
EUR/JPY: This is still wave 3 down but we have a BDC and a divergence, could go long but prudence
USD/CAD: E move of the abcde corrective wave 4 broke the box and price now below the box, look for short on lower time frames
NZD/USD: Price broke the box north, could go for long
XAU/USD: We are into the wave 4, prudence
For orientation/direction of trades, click "Signals" in the menu (from Monday 20th of April 8:00 GMT+1)
Thursday, April 16, 2015
Review of the week 6 -10 April on 9 pairs H1: +16% Profit An amazing with mainly 3 very good trades on EUR/JPY, EUR/USD, GBP/USD for a total profit of +16%
Tuesday, April 14, 2015
Trade of the Week: EUR/JPY H1: 8-10 April: +5% Profit (+250 pips)
For more details, click "Examples of Trade" in the menu On the 8th, 17.00 (GMT+1), we have a nice setup with a double break H1/H4, this is also a cross of the H4 ewave zero line. The stop loss is, above the H1 box, at 50 pips. The price drops and then we have a pull back but it never goes above the red line, the price, then moves slowly but surely, we exit few hours before the closure of the week for +250 pips (+5% profit).
Saturday, April 11, 2015
Market Analysis of the 13th of April 2015 : 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.
Daily charts: Some new pushes in the main direction give us now some directions, otherwise we are into the wave 4
EUR/USD: We are still in the wave 3 down with a new push down. Downtrend
GBP/USD: Still wave 5 down with a new push down, a price below the box, downtrend
USD/JPY: No trend following a cycle of 5 waves, sleeping alligator, prudence
USD/CHF: Price broke the box of a sleeping alligator, it might be the wave 5 starting, look for long.
AUD/USD: Wave 5 but now price goes back inside the alligator, prudence
EUR/JPY: This is still wave 3 down with a new push, price below the box. Downtrend
USD/CAD: We are inside of the wave 4. Prudence
NZD/USD: No trend at all, be patient
XAU/USD: We are into the wave 4, prudence
For orientation/direction of trades, click "Signals" in the menu (from Monday 13th of April 8:00 GMT+1)
Thursday, April 9, 2015
Review of the week 30 March - 3 April on 9 pairs H1: +0% A poor week with no opporutinity to trade, one win and two losses for a total of 0% profit
Sunday, April 5, 2015
Market Analysis of the 6th of April 2015 : 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.
Daily charts: For most of the pairs, we are entering into the wave 4 so it could bring some small trades long and short on H1 but we have to be overall prudent and be selective in taking setups
EUR/USD: It looks like we are now coming into the wave 4, price inside the alligator, prudence
GBP/USD: Still wave 5 down but with ewave coming back to the zero line, downtrend but prudence
USD/JPY: No trend following a cycle of 5 waves, price inside the box with sleeping alligator, wait for a break
USD/CHF: It looks like C move down of wave 4, wait for a break, prudence as sleeping alligator
AUD/USD: It looks like a wave 5 has started (unless this is B down of wave 4), short with prudence
EUR/JPY: This is still wave 3 down officially but we have divergence, price now above the alligator, prudence
USD/CAD: It looks move C down of the wave 4, prudence
NZD/USD: We are currently into a small wave 3 up but no overall clear direction
XAU/USD: We are into the wave 4 (probably C move up) , prudence
Thursday, April 2, 2015
Review of the week 23 - 27 March on 9 pairs H1: +26% A pretty good week with a good trade on USD/CHF (again) for a total profit of +6%