Saturday, September 20, 2008
general status
sif5

Why it the 1.0 area might be a good support:
1-5 Elliot waves
there is a an old resistence
the length equals the last decrease
at 0.8 is a support - the length top-support break
1.0 is a powerfull number
1.0 is a support on 2005
sifs ussually raised a little before hitting the TA points
why the sifs decreased 3 times ?
IMP 10 times
SP500 reached a resistence from 2004. too long bar for a sustained raisal. I wait for the bottomĀ ( 1-2-3 ) reversal
NIKKEY: reached the bottom on march.
USD/CHF : strong MACD div
reached ML and than decreased => SELL
GOLD: how stupid I was executing the order. It reached the support ( 3 years ) and MAP zone and than explodead to HAP. Also there was a positive MACD div

EUR/USD: a 2 year support was broke. Now went back in this resistence. it went up from FIB 50. Also it was a positive macd div. the resistence was touched 3 times. in 1.45-1.47 should be a turning point for US

Why it the 1.0 area might be a good support:
1-5 Elliot waves
there is a an old resistence
the length equals the last decrease
at 0.8 is a support - the length top-support break
1.0 is a powerfull number
1.0 is a support on 2005
sifs ussually raised a little before hitting the TA points
why the sifs decreased 3 times ?
IMP 10 times
SP500 reached a resistence from 2004. too long bar for a sustained raisal. I wait for the bottomĀ ( 1-2-3 ) reversal
NIKKEY: reached the bottom on march.
USD/CHF : strong MACD div
reached ML and than decreased => SELL
GOLD: how stupid I was executing the order. It reached the support ( 3 years ) and MAP zone and than explodead to HAP. Also there was a positive MACD div

EUR/USD: a 2 year support was broke. Now went back in this resistence. it went up from FIB 50. Also it was a positive macd div. the resistence was touched 3 times. in 1.45-1.47 should be a turning point for US
Labels: forex
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