Mar de Leva (swell waves) en Cartagena de Indias - Colombia

Monday, October 25, 2010

Signaling testing

PAIR

BIG Picture or Pattern Unfolding

Details

Status

USDJPY

USDJPY_EW_2010-10-25_13-35Completing W5. in Weekly. No divergences at all;

 
Even thought it could be an H1 short signal soon,  I prefer to wait and see on this pair.
Away
EURUSD EURUSD_Diamond Formation_2010-10-25_15-00Bearish Diamond Formation on H4 EURUSD_Diamond Formation_H1entry_2010-10-25_15-00H1 scenario. Break and retest of actual Bullish TL would give us an entry Short signal on H1
GBPUSD GBPUSD_D1TLBreakdow_2010-10-25_15-17 
Expecting if this D1 Tl breakdown will hold after retesting.
GBPUSD_D1TLBreakdown_H1Entry_2010-10-25_15-17
If signal appears, i think is enough room for a safe entry until previous multiple bottom.
Waiting for H1 Short Signal
USDCHF USDCHF_W1Channel_2010-10-25_15-39
Price is rejecting from Weekly bearish channel bottom TL.
USDCHF_D1TL Breakup_2010-10-25_15-39
Additionally, D1 Bearish TL was broken and is being retested by now.
Wait for Long H1 Signal
USDCAD USDCAD_EW_H4_2010-10-25_16-04 
Elliott Waves appear very clear at the moment.
USDCAD_H1_2010-10-25_16-04 Wait for Long H1 Signal
AUDUSD AUDUSD_EW_D1_2010-10-25_16-46
Seems to be we have a Top in progress, after 5 impulsive bullish waves.
AUDUSD_H1_Gartley__2010-10-25_16-46

Waiting for H1 Short entry Signal

EURGBP EURGBP_BearishGartley_2010-10-25_13-35
Possible D1 Bearish Gartley
EURGBP_EW_2010-10-25_13-35
Actual swing seems to be completed 5 impulsive waves

Waiting for H1 Short entry Signal

Thursday, September 30, 2010

Gold “ad portas” to revert…

Weekly chart shows a 5 waves move which is @ important Fib resistance Zone.
Additionally, price is diverging with Awesome Oscillator.
gold_revert_W1_9-30-2010 8-14-11 AM
Below, the 5th wave detail.
gold_revert_D1_9-30-2010 8-14-11 AM

Tuesday, September 7, 2010

EURCHF Follow Up

Here the very Big picture of this pair.
Red lines are the same length. Interesting to see the measured move of price action of the bearish swings.
What we se here is a Complex Corrective Pattern.
EURCHF_ComplexCorrection_2010-09-07_1931
Below, detailed view of the last part of the pattern.
EURCHF_ComplexCorrection_II_2010-09-07_1947

USDCOP: Elliott Wave Counting

Desde Mayo de 2010, el par se ha venido moviendo en 4 ondas claramente identificables.
El movimiento lateral que el par experimenta desde Agosto 15 de este año referenciado como la Onda No. 4, era previsible dado el nivel de congestión que se dio entre Julio y Agosto de 2008; dicho movimiento es un triangulo descendente (corrección), y debe ser seguido por una onda de tipo impulsivo No. 5

Es importante notar que el par se esta transando por debajo de 1.819, mínimo de Octubre 12 de 1009 (resaltado con la línea horizontal verde), lo cual refuerza la validez del conteo.

 USDCOP_detail_2010-09-07_1549
En un plano mas amplio, podemos observar en líneas horizontales azules los posibles los posibles niveles de terminación de ambas Ondas No. 5 (la del movimiento desde Mayo de este año y la del movimiento total desde Marzo de 2009).USDCOP_BigPicture_2010-09-07_1559

Monday, September 6, 2010

EURCHF: Possible Multi-Month bottom

My Elliott Wave counting gives me 3 levels of 5th wave yet completed in W1, D1, and H4 respectively.
Is important to note that Bullish divergence is present between W3 and W5 extremes in each of the mentioned Time Frames.
This could be a multi-month bottom which could lead prices up to 1.4366 level in about 10-20 months.
EURCHF_W1_2010-09-06_0213_001
EURCHF_D1_2010-09-06_0216_001
EURCHF_H4_2010-09-06_0223
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Wednesday, September 1, 2010

EURUSD Bearish scenario

Today`s Bullish movement put H&S scenario in troubles. If price stays below corrective WA`s  w4 level (1.2920) H&S scenario is still valid. 
I think bearish scenario (with or without H&S) is still alive.
The whole move from 1.3333 high to 1.2586 low, could be considered as an impulsive wave within bigger bearish corrective scenario. Having said that, move from 1.2586 low to today`s high, could be considered part, if not all WB of the bigger bearish corrective scenario already mentioned.
Fibonacci Price and Time retracements applied to the bullish impulsive move from 1.1876 low on Jun 07 to 1.3333 high on  Ago. 06, give us a projection for WC @ 1.2405 level.

EURUSD_D1_2010-09-01_1611
A more detailed view of actual price action is showed below.
Fibonacci Price and Time Retracements, as well as Fibonacci Expansion, gives us as possible WB level @ 1.2870 – 1.2938 area, if not is yet finished.
EURUSD_H1_2010-09-01_1604

Friday, August 6, 2010

USDCOP: a punto de confirmar nuevos mínimos

Un rompimiento decisivo del nivel de 1.819, implicaría la confirmación del banderín bajista (líneas roja y azul livianas).
La confirmación del rompimiento del nivel mencionado (1.819), nos llevaría a una zona de congestión, cuyo nivel de soporte esta en 1.700.oo.
Dado que evidentemente estamos en una tendencia bajista, yo mantendría las posiciones cortas siempre que el precio se mueva dentro del canal bajista.
USDCOP_2010-08-06_0700
 

Performance

Here i`ll post my performance on a USD 200 demo account. After trading for 2 months, i`ll create a new one.

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