FOREX PRO WEEKLY November 11-15, 2013

Hello

I think we could have 2 days of sideways until Fed Chairperson-Designate Yellen Testifies, Thursday 16.00 CET; and then or up or down...

Good patience!

20131112_1715_H1.jpg
 
Hello

choppy, choppy!!

I am long and will stay long..first possible surprise to the upside comes tonight, Ben speaks at 01.00 CET...

Good trading!!

20131113_1715_H1.jpg
 
Hello

Now we might get 3Drive sell...

I see 2 possible long patterns nesting high, either ending diagonal, either zigzag

I am 5 long against 3 short.

Good trading!

20131114_0900_H1.jpg

ps
I hate the most when price action is in the shadow of one single candle and on H1 highest TF move down has several candles; in such conditions all patterns are very unreliable to me
 
and one more picture: possible strong hidden divergence if price stays below 1,3547

20131114_0925_H1.jpg


ps
charts from both posts are H4 and not H1 as labeled
 
Yellen is coming into our Theater soon, very soon..

I do not find ending diagonal to upside impossible, yet, but much less attractive; most surprising could be Flat for b zigzag especially if c wave drops very low..so far H1 looks like probabable impulse...

Good trading!

20131114_1410_H4.jpg
 
Switched to H2, think this time frame is in charge now...

I am ready for both directions but now somehow prefer short.

Good trading!

20131114_1530_H2.jpg
 
Let´s see how strong she is....

20131114_1555_H2.jpg

ps
maybe she will start with nice crap...
 
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