FOREX PRO Weekly July 29 - August 02, 2013

[Sive Morten]

Thank you Sive sir for the higher time frame analysis...
can you please tell me abt weekly monthly pivots and resistance..
i am showing my s&r lines

Hi Lolly, WPivots numbers are on 4-hour chart in weekly research. Numbers are in upper right corner.

 

[FreddyFX]

Master Sive.

Hope you enjoyed your vacation.

As to the analysis: I constantly compare the 5 major pairs on a chart and there you will notice there are some weird moves going on at times.

TRUE.....better be careful this week !!!

 

[eric lew]

Hi Sive,

dont you think USD/JPY is ripe for a directional pattern, ie B&B on 4hr chart. Thanks.

 

[minimax]

well, those threes made me think of b wave developes in CT with max target @ 1,3177 aprox

good trading!

 

[Lolly Tripathy]

1hr sell butterfly

 

[minimax]

1hr sell butterfly

View attachment 10463

hi, Lolly, yes, i was aware of 5 waves up but i expect hitting 1,3263 will confirm my picture and if developes as drawn safe entry at `e´ 1,3265/70 with stop @ 1,3280

 

[minimax]

63 hit, so far by the plan and what could come out?



good trading!


add: apologize, just crab

 

[Venelin]

Here is what I see :
View attachment 10474

 

[minimax]

Here is what I see :
View attachment 10474

like sell, atm long, took 46 down, expect new HH; where you expect sell?

 

[Venelin]

like sell, atm long, took 46 down, expect new HH; where you expect sell?

I am flat-waiting for daily to close below 3x3

I like daily closing today below 3x3 then tomorrow pre or after FOMC new high arround 1.3350 and then drop(that is the DRPO sell scenario).