Color Scheme of the Charts to Differentiate the Various Wave Degrees is:
{ Supercycle / Cycle / Primary / Intermediate / Minor }
{By clicking on any chart, it will enlarge for ease of viewing. Commentary at the top of each chart is more easily read, also.}

Friday, May 18, 2012

EURUSD (urgent)

Primary Wave 2 appears to be completed and the EURUSD is poised for an explosive rally in Primary wave 3, which appears to currently be in its infancy.  Ultimate target for this upward trend is the burgundy target of Supercycle (b)

Monday, May 14, 2012

EURUSD

EURUSD is ripe for a bullish run.

Friday, May 11, 2012

EURUSD (traditional technical analysis)

Getting ready for the Bullish Wedge "Blast Off".  Indicators' bullish divergence telegraph the opportunity.

Friday, May 4, 2012

S & P 500 Index Bull & Bear Interpretations

Bullish interpretation sees a push upward to a minimum target of 1700 and a highest probable target of 2500.  Bearish interpretation shows that the bear market rally wave II, which is shown as a Cycle (red) DZ with waves W & X completed and wave Y just south of its target.  This Cycle wave Y is unfolding as a required ZZ with Primary (khaki) waves A & B completed and C already in its target.  The darkened in red area is the space where all three degrees of trend hit their targets simultaneously and form a "Triple Bullseye".  There should be serious resistance in this area and potentially a sharp move south out of this zone as Supercycle (burgandy) wave III gets underway.

EURUSD (urgent)

Sunday, April 8, 2012

Thursday, March 22, 2012

AUDUSD (urgent) Trade Results: Loss = .0065

(Pink Waves in 1st chart above = Black waves in chart below.)
Trade Results are Shown Below: Loss = .0065

Saturday, January 21, 2012

EURUSD (watch)

The reward / risk ratio is so favorable on this trade recommendation that more aggressive traders can enter sooner on a pullback to the .382 Fib line instead of waiting for the .618 Fib pullback.  Alternately, breakout traders can wait for the high of Intermediate (pink) wave (1) to be exceeded before getting long.  Any traders still short EURUSD should be looking to close their short position during the wave (2) dip before seeking a Long position shortly after the closing of the Short position.  It appears that the bearish trend will be experiencing a bear market rally for a few weeks before the bearish downtrend resumes.