Daily trading review from Masterforex-V

[ADUNBS FX]

Review for the 7 of February 2007

Axel
Eur/usd usd/jpy gbp/usd usd/chf
200-d MA 1.2825 116.70 1.8966 1.2351
3- res 1.3074 121.20 1.9780 1.2512
2- res 1.3038 120.92 1.9748 1.2460
1- res 1.3000 120.64 1.9722 1.2428
Pivot* 1.2983 120.32 1.9706 1.2406
1- sup 1.2951 120.00 1.9668 1.2388
2- sup 1.2913 119.68 1.9623 1.2375
3- sup 1.2877 119.50 1.9549 1.2340


Europe
On the European session the was a zigzag downwards at GBP that was lower than the previous one on m15 = zigzag downwards on h1 - this is a narrow corridor and show possible directions of further movement.


Red levels – resistences
Blue levels - supports
Variant A.
Up - an up wave on h1 in case of puncture of 1.9722 (for determination of resistences add a fibo grid from a recoil on h1 1.9672-1.9722)

Resistenses are according to the chart
1 1.9722 = local min = crossing of grids
2 1.9745 = previous max on h4 (1.9747) + 162% from the flat at GBP
3 1.9760 (+ 76% D1) + 200% from the night flat + 162% from the recoil on h1
4 1.9775 = 200% from h1

Variant B.
a) a turn downwards on m15 (with puncture of 1.9670 - a pivotпивота on h4)
* if resistence 1.9722 resists = a wave C

Important support levels are according to the chart
1 1.9672 = 38% IMN h1
2 1.9640 = 62% + 162% from wave A
3 1.9620 = 76% + 200% from wave A
4 1.9588 = 100% + 262% from wave A


Movement is inside the flat.
1.Flat.
2.Grid on a recoil on m15
3.1-st target + an important level of the bigger TF
4.Turn and forming of a wave to opposite direction (a grid on a zigzag on m5)
5.Turn on m15 + a grid on m15
6.Points of exit.
7.Desirable points of exit

[ADUNBS FX]

Forecast for the week 12 – 16 Feb 2007

The direction of the following trend will depend on the next conditions

GBP - a puncture of or a bounce from the support 1.9454(important level)
EUR - a corridor inside zigzag h1 1.2977-1.3044 (prolongation of the bullish impulse or a turn)

Upwards

Eur - resistences are the same
1.3044 = local max (the 1-st support level, the max of the previous week)
1.3058 = 162% from h1 corridor (1.2976-1.3027) + 162% from m15 corridor (1.3024-42)
1.3080 = 200% from h1 corridor (1.2976-1.3027)
1.3100 = 200% from a corridor 1.2984-1.3044
1.3110 = 262% from h1 corridor (1.2976-1.3027) + 50% from D1 + 200% from h1 corridor 1.2976-1.3044
1.3157 = 162% from h4 corridor (1.2919-1.3063) + 262% h1 1.2976-1.3044



Downwards
1)1.9452 - 200% from m5
2)1.9443 - 262% from h1
3)1.9430 - 262% from m5
4)1.9415 - 162% from h4 (an iportant level)
5)1.9373 - 362% from h1
6) in case of consolidation under the 1-st resistence it will be an intraweek sell with fulfillment of targets and reserve of movement for a week
7) false puncture and entrence into the flat, in case of puncture and consolidation beyond the 1.9600 it will be intraweek buy.
The alternative is a turn upwards on m30-h1 charts and prolongation of the long-term trend.

[ADUNBS FX]

Review for the 12 Feb 2007

axel
Eur/usd usd/jpy gbp/usd usd/chf
3- res 1.3117 122.80 1.9668 1.2544
2- res 1.3074 122.50 1.9623 1.2519
1- res 1.3045 122.20 1.9591 1.2500
Pivot* 1.3017 121.91 1.9530 1.2474
1- sup 1.3000 121.75 1.9543 1.2450
2- sup 1.2988 121.45 1.9514 1.2425
3- sup 1.2951 121.00 1.9483 1.2380

europe


Upwards
the 1-st res is 1.9565 - then 1.9580
the 1-st res is 1.3044 - local max

Downwards
h1 at EUR - not puncture of the max = 2-d wave
m15 1.9510 = 1-st sup at GBP,
1.9490 = 2-d sup
1.9473 = 3-d sup
the 4-th sup is 1.9452 – local min
the 5-th sup is 1.9415


1. 1-st res is 1.9565 - then 1.9580
2. m15 1.9510 = 1-st sup at GBP
3. 1.9490 = 2-d sup
4. 1.9473 = 3-d sup
5. the flat and a false puncture of the flat
6.Puncture of the 2-d limit of the flat. Sell (a recoil and puncture). A false puncture and movement (Point 9)
7.A strategic grid is on the 1-st wave inside the intersession flat
8.A fulfillment of the grid up to 361.8 + reserve of movement + end of the session + grids of smaller TFs
9.False puncture and return into the inersession flat = expanding flat

[ADUNBS FX]

Review for the 14 Feb 2007

Axel
Eur/usd usd/jpy gbp/usd usd/chf
200-d MA 1.2833 116.92 1.8989 1.2356
3- res 1.3117 122.20 1.9591 1.2553
2- res 1.3090 121.75 1.9543 1.2519
1- res 1.3074 121.59 1.9514 1.2500
Pivot* 1.3049 121.20 1.9478 1.2465
1- sup 1.3045 121.00 1.9441 1.2450
2- sup 1.3000 120.82 1.9405 1.2425
3- sup 1.2941 120.58 1.9373 1.2402

A special importance of the day
$1.3060/65 – resistence levelуровень сопротивления

15:00 USA Bernanke's statement.


Europe

Variants of movements befor session
a) upwards - EUR powerfully punctures the D1 max + h4 at AUD: in case of puncture of 0.7822 - 3-d wave upwards on h4
b) downwards - in case of NOT puncture of the resistence by EUR it will be 5-th up peak (see fractals) on d1 at the level 1.3050-62


1. Current max on D1
2. Fractals in the range 1.3050-62
3. Up movement - wave C
4. Down movement- a bounce from the resistence
5. Current min on D1. Further movement downwards and the 5-th down wave depend on it.

A variant has been realised.
The first movement was shown by allies CAD, AUD. Eur punctured its res level + pulled GBP to follow.

Technically - a down zigzag is HIGHER than the previous one on m30-h1 + puncture of the max during beginning of the session


1. Flat
2. a recoil grid of American and Asian sesions
3. 1-st target of the up movement and the 1-st resistence. In case of not consolidation beyond it = false movement +movement to opposite direction
4. Corridor of targets from 2 grids: (2 point)+ grid of the 3-d wave(H1)
5. Max targets for today(as we can see it was fulfilled on the American session)= Closing of intradays transactions (Buy)

[ADUNBS FX]

Forecast for the week 19 Feb – 23 Feb 2007





A down impulse is going on while there is no turn on m15-30 upwards

1.Supports
1.9462 - local minimum
1.9442 crossing of fibo targets (including 162% from a recoil on m15 under the condition of 1.9471 puncture)
1.9420 (crossing of grids)
1.9401 - cancellation of the up wave of GBP

ZIFRAS upwards and 2 variants
2.A powerful up trend with puncture of the max on h4 (1.9677)

3. 3-d up wave on h4 (162% 1.9810)

4.A recoil grid on h4.

5. Down movement. An important level is 1.9401

6. a flat-like up trend
* not puncture of the max on h4
* formation of the 2-d wave (B) and then a trip downwards

7. Up movement. An important level is 1.9677

[ADUNBS FX]

Forecast for the 20 of February 2007

Europe

There is a wide flat on h4 at GBP 1.9401-1.9677

The rest currencies are squeezed inside narrow corridors - as a hint of direction choice
EUR on h4 1.3094-1.3175

Variant A.
Upwards


1.1.3161 - h1 maximum
2.1.3173 - h4 maximum
3.1.3220 162% from a recoil on h1 + 200% from D1
4.Local minimum
5.minimum of a zigzag on h4
6.EUR - a POWERFUL puncture of a resistence 1.3175 (162% 1.3220 + 200% from D1)
Condition at GBP - not puncture of 1.9400 + puncture of the max 1.9565 (h1 max)
From a recoil that hasn't broken rules of trend - BUY.
7.Provided puncture of 1.3233 - movement downwards + movement at GBP: from a recoil that hasn't broken this down trend - SELL
Variant B
Downwards
At GBP


1.Down to the min 1.9430 there are levels of a grid of the current movement
2.1.9430 = local minimum
3.1.9401 = 162% from h1 recoil 1.9462-1.9565 (proveded that 1.9565 won't be punctured)
4.1.9355 = 200% from h1 recoil 1.9462-1.9565
5. Local max 1.9565
6. In case of puncture of 1.9430 will be down movement + allies, from a recoil that hasn't broken rules of trend - SELL.
7. In case of puncture of 1.9565 will be movement upwards + EUR punctures its levels, - from a recoil that hasn't broken rules of trend - BUY

Was written at 0:28 GMT
I am late a little: the up movement began at the Asian session

[ADUNBS FX]

Forecast for the 21-st of February 2007
Europe
* currencies are still in simmetric triangles of flat
* huge amount of news

common assessment of the present situation
or GBP will pull all allies upwards or they will pull GBP downwards


1.)1.9575 = local maximum = 62% h4
2.)1.9593 = 162% from a down recoil on h1 during the European session
3.)1.9620 = 200% from a down recoil on h1 during the European session + 76% from h4 1.9430-1.9677
4.) till 1.9477 - a local grid of levels-1.9477 is a local minimum
5.) 1.9455 – 138.2 от сетки 1.9549 -1.9478
6.) 1.9430 – zigzag H4+H1
7.) 1.9400 – zigzag H4+ min of correction on H4
8.)In case of puncture of 1.9477 - down movement + allies pull GBP to their side, from a recoil that hasn't broken rules of trend - SELL.
9.)In case of puncture of 1.9575 - up movement + GBP pulles allies to its side, from a recoil that hasn't broken rules of trend - BUY

[ADUNBS FX]

Review of forecasts and their check-up.
Forecast for the 28-th of February 2007

Europe


1.9677 at GBP - the previous maximum on h4 (an up fractal on D1 on 15.02.2007г.) - a puncture of which means inalterability of the bullish impulse on h4
From this: $1.9675 strong offers $1.9674 intaday maximum
1.Flat levels
Resistences
1.1.9677
2.1.9700
3.1.9720
4.1.9750
Supports
5.1.9591 - 100% recoil on h1 + 38% from h4 1.9460-1.9673
6.1.9568 (70) 50% from h4 1.9460-1.9673 + 38% from h4 1.9401-1.9677
7.1.9543 62% from h4 1.9460-1.9673 + 50% from h4 1.9401-1.9677 + $1,9550/40 high demand/stops are below
8.1.9510 76% from h4 1.9460-1.9673 + 68% from h4 1.9401-1.9677 + $1,9410/00 high demand/stops are below
9.Upwards -prolongation of the up trend on D1 = from a recoil that hasn't broken rules of trend: BUY
10.Downwards - not puncture of the maximum + puncture of the minimum on h1 = from a recoil that hasn't broken rules of trend: SELL

[ADUNBS FX]

Forecast for the 6-th of March 2007

America

1.)1.9314 - 50% IMN 1.9185-1.9452
2.)1.9345 - 62% IMN + 162% from m15 turn 1.9185-1.9282
3.)1.9352 - 162% from m15 recoil 1.9235-1.9304 + maximum of opening on Sunday-Monday night 5.03.2007 before slump in rates
4.)1.9367 - 38% from h4 1.9185-1.9674
5.)1.9384 - 76% IMN + 200% from m15 turn 1.9185-1.9282 + 200% m15 recoil 1.9235-1.9304

condition - a puncture of 1.9304

6.)1.9235 - m15 resistence
7.)* 1.9183 - local minimum
8.)* 1.9152 - 362% from h1 recoil 1.9516-1.9652 + 262% m5
9.)* 1.9123 - 262% from h4 1.9460-1.9674
10.)* 1.9110 - 262% from h4 1.9460-1.9673 + 362% m5 +162% from h1 recoil 1.9183-1.9304 (if maximum isn't gonna change)
11.) a sharp turn and exit from the flat upwards. From a recoil that hasn't broken rules of trend - BUY
12.) futher prolongation of the down trend. From a recoil that hasn't broken rules of trend - SELL

[ADUNBS FX]

Forecast for the 13 of March 2007.
The main feature is contradiction of allies

*GBP is going down ALONE



Movement upwards
condition - a puncture of 1.9432 swiftly

resistances
1.)* 1.9432 = local maximum = 50% h4 1.9183-1.9673
2.)* 1.9461 = 38% from d1 correction = 1.9183-1.9916
3.)* 1.9488 = 62% h4 1.9183-1.9673
4.)* 1.9545 (50) = 76% h4 1.9183-1.9673 + 50% D1 1.9183-1.9916 + 162%
5.) in case of puncture of the high, the 5-th wave will be considered as cutted and movement will be fast.

Movement downwards (I trend to this variant with drawing of a diver on h4.)
Confirmation is ZIFRAS downwards at GBP
* puncture of mimums 1.9250 and 1.9183 - drawing of the 5-th wave
supports
6)* 1.9246 = 76% from h4 1.9183-1.9432 + stops of banks
7)* 1.9220 = 200% from a turn zigzag on m15 1.9329-1.9432 (1.9226 = 123% from a turn zigzag on h1 1.9266-1.9432)
8.)* 1.9203 = 138% from the turn zigzag on h1 1.9266-1.9432
9)* 1.9183 = 100% h4 (= 5-th? bearish h4 wave in limits of the 1-st wave on D1)
10)* 1.9165 = 162% from the turn zigzag on h1 1.9266-1.9432
11)* 1.9145 = 123% from h4 1.9183-1.9357
12)* 1.9106 = 123% from D1 1.9265-1.9916
13)* 1.9080 = 162% from h4 1.9183-1.9357
14)*A variant of not fast movement from level to level.
(aliies are against this variant)

15.)A variant of a flat and wining over allies.