Daily trading review from Masterforex-V

[ADUNBS FX]

Forecast for the 22-d of March 2007
Europe.



Movement upwards
1.* 1.9704 = 262% from h1 recoil 1.9383-1.9504
2.* 1.9711 = 162% from h1 recoil 1.9554-1.9652
3.* 1.9743 = 76% from D1 1.9183-1.9916 + 200% from h1 recoil 1.9554-1.9652
4.* 1.9783 (86) = 262% from the "2-d wave on h4-d1 1.9212-1.9432 + 123% from a turn zigzag on h4 1.9183-1.9673
5.* 1.9800 = 362% from the 1-st wave 1.9212-1.9393

For down movement
Supports
6.* 1.9620 = 23.6 of the local grid
7.* 1.9574 = 38.2 of the local grid
8.* 1.9538 = 50.0 of the local grid
9.* 1.9501= 61.8% of the local grid + limit of the 1-st wave inside the 3-d wave. It's the main level.

Variant upwards: there is small possibility to fulfil the 5-th wave inside the 3-d on H1 but not too far as the time of the 3-d wave is going to finish.
Variant downwards: It is more likely to be for drawing the 4-th wave. So we are awaiting the 4-th wave on h4 with its complex figures.
So wait for Axel, what he is going to say to us.

[ADUNBS FX]

29 March 2007 It was flat during Europian session
I havn't made any transaction.

1-st or 2-d wave on h1-4 for joint spurt downwards = USD growth
* 1.3254-1.3373 = B wave on h4
* puncture of the minimum = C

2. or puncture of the maximum on h4-d1 = bullish trade at allies is going on (I remind the fact that amount of waves along the trend can be unlimited. Iit was counted up to 13 during last summer-autumn, which wavers parted on 5 waves then, due to extension of the 3-d wave)
* 1.3254-1.3373 = "1-st wave" h4
* 1.3200-73 = "2-d wave" with a 62% recoil.
* puncture of the maximum = "3 wave".



resistances
* 1.9680 = h1
* 1.9720 (26) = h4 (1.9730 = 162% from the "1-st wave" on h1 1.9598-1.9680)
* 1.9763 = 200% from the "1-st wave" on h1 1.9598-1.9680
* 1.9820 = 262% from the "1-st wave" on h1 1.9598-1.9680


supports
* 1.9594 (98) = h1 = 23% d1 1.9183-1.9726
* 1.9570 = h4 - in case of breaking throw - a C wave on h4
* 1.9530 = 38% from h4 1.9212-1.9726
* 1.9515 = 38% from d1 1.9183-1.9726 + 200% from h1 1.9594-1.9680
* 1.9470 = 50% from h4 1.9212-1.9726 + 162% from A wave on h4 1.9570-1.9726 + 262% from h1 1.9594-1.9680
* 1.9409 = 68% from h4 1.9212-1.9726 + 200% from A wave on h4 1.9570-1.9726

Comments
In case of puncture of 1.9720 level it will start to draw a 5-th wave on h4. So it should be careful with buys as it could be a cutted 5-th wave. as when it reaches 1.9763 it could stop there.

For down movements it's necessary to puncture an important level 1.9570, for drawing a C wave downwards
At the present moment I see two waves inside C and awaiting for the 3-d wave.
I have a sell at this moment waiting for the C wave. In case of puncture and broke of my wave analysis I'll make a lock and from levels of the 5-th wave I'll try to open it and add a sell. As after the 5-th wave it must be a correction ABC on H4 that would finish in a zone of the 4-th wave.


Yours faithfully, ADUNBS

[ADUNBS FX]

2 April 2007

Forecast - hint
a) further upwards along the impulse - the power of this movement check by allies when they are breaking through their resistances
* 1.9783 = 138% h4 1.9545-1.9720
* 1.9825 = 162% h4 1.9545-1.9720
* 1.9893 = 200% h4
* 1.9916 = w1 resistance (21.01.2007)

b) downwards
Allies are next to important resistanc + EUR is in a flat
Supports by local grids + grids during currency movement.
* 1.9724 = 23% local grid
* 1.9690 = 38% local grid
* 1.9663 = 50% local grid + m30 support


Comments
The 4-th wave on h4 finished now, the 5-th H4 wave has started.
It can be traced or the 5 –th final wave or the 1-st internal wave inside the 5-th.
I consider that the rate is not going too far, as it's drawing a good impulse of the 1-st wave inside the 5-th wave.
A variant upwards is fulfillment of an internal 5-th wave.
A variant downwards is a recoil and drawing of the 2-d wave inside the 5-th or a puncture of the up impulse and a turn then.
The main question is if the 5-th wave will be a normal or cutted?

1. wait for the finish of the current bullish wave + look at EUR and allies
2. then a recoil downwards and the moment of truth (a recoil for the 2-d wave or a turn)

[ADUNBS FX]

3-d April 2007
Forecast - hints.

Resistances
* 1.9916 = w1 resistance (21.01.2007)
* 1.9893 = 200% h4
* 1.9838 = 161.8 from H4 recoil (a 4-th wave)
* 1.9823 = local high of the European session.


Supports
* 1.9740 = minimum of the European session (1.9741 = 162% from a turn m15 zigzag)
* 1.9719 = 38% from an up wave on h1 1.9545-1.9823
* 1.9687 = 50%
* 1.9654 = 62%

Comments
Now it's in the 5-th wave. The maim question is it's the 5-th wave on h4 or D1?
At the present moment an A wave is forming.
It's just sturted to form or a B wave on H4 or prolongation of the 5-th wave on D1.
+ look at yesterday's comments
+ allies are oobligatory.
An up variant
It's necessary to break of the local peak and prolongation of the 5-th wave on D1 is next
A down variant
It's obligatory to fulfil a B wave upwards and a sharp puncture of the local minimum: a C wave.

[ADUNBS FX]

6 April 2007
Forecas - hints.

Resistances
* 1.9773 - intermediate h1 resistance inside FLAT limits
* 1.9823/30 = D1 res
* 1.9916 = D1 max
* 1.9925 = 138% from h4 1.9545-1.9823
* 1.9990 = 162% from h4 1.9545-1.9823

Supports
* 1.9668 = h1
* 1.9654 = 62% h4 1.9554-1.9823 + 162% A wave 1.9716-1.9823 + "1.9660 - moderate demand"
* 1.9610 = 76% h4 1.9554-1.9823 + 200% A wave 1.9716-1.9823
* 1.9554 = h4 minimum + 262% A wave 1.9716-1.9823

Altogether: it's needed one-way direction
* EUR will pull over all allies for a spurt upwards
* Allies will wait for fulfillment by EUR its fibo target and a turn

Comments
Disagreement at allies.
A variant upwards is finish of corrective action and finish of the 2-d wave inside the 5-th wave on h4.
A variant downwards is revision of the C wave, the 2-d wave inside the 5-th on h4.

+ there is a force majeur variant, if GBP pulls over all allies and punctures the basis of the 1-st wave inside the 5-th wave.

[ADUNBS FX]

9 April 2007
Forecast - hints.
Europe was staying in a flat. Movement postponed to America

Resistances
* 1.9721 (h1)
* 1.9667
Supports
* 1.9635 = 162% from a recoil on h1 1.9668-1.9721 (fulfilling targets below)
* 1.9610-16 = 76% of correction after a bullish wave on h4 + 200% from the recoil on h1 1.9668-1.9721 + 21 EMA D1
* 1.9545 = h4 minimum + 262% from an A wave on H1 1.9717-1.9823 (in case of puncture of 1.9545 can turn out to the 1-st subwave on h1)
Comments
A wave "C" is going on on H4. In case of puncture of a support 1.9545 a wave cycle is broken, but without a recoil upwards on H4 there is no sence to talk about a turn.
A variant downwards will show us if the key support will be broken.
A variant upwards will show us if the current series of up waves will go on.

[ADUNBS FX]

10 April 2007
Forecast - hints.

Resistance
* 1.9650 (h1)
Supports
*1.9577 = 38% D1 1.9183-1.9823 + 233 EMA h4
* 1.9545 = h4 minimum + 262% from the A wave on h1 1.9717-1.9823 (in case of a puncture of 1.9545 it can turn out ino the 1-st subwave on h1) + 21 EMA w1
* 1.9502 = 50% d1 1.9183-1.9823 + 89 EMA d1
* 1.9483 = 123% from the turn zigzag on h4 1.9545-1.9823
* 1.9442 = 138% from the turn zigzag on h4 1.9545-1.9823 + 362% from the A wave 1.9717-1.9823
* 1.9425 = 62% D1 1.9183-1.9823
* 1.9380 = 162% from the turn zigzag on h4 1.9545-1.9823 + 423% from the A wave 1.9717-1.9823


Comments
As on American session targets have been fulfilled partly, their fulfillment is postponed on tomorrow.
A down variant will show us if the key support will be broken down + prolongation of a wave on H4.
An up variant will show if the current series of up waves will go on.

[ADUNBS FX]

12 April 2007
I'm sorry. I havn't written for two days due to technic problems.
Forecast - hints.

Resistances
* 1.9838 = 262% m15 1.9736-78 + 1.9835 1.618 swing target after slump from 1.9725 to 1.9550 + from a recoil on h1 1.9724-1.9818
* 1.9865 = 362% m30 1.9704-49 + 162% from the h1 recoil 1.9724-1.9818
* 1.9875 = 123% from an h4 recoil 1.9590-1.9823
* 1.9910 = 138% h4 1.9590-1.9823

supports
* 1.9703 = 50% h4
* 1.9675 = 62% h4
* 1.9643 = 76% h4
* 1.9590 = wave "C" on h4 downwards

Comments
On Europe the price was fluctuating in a corridor.
An up variant is a puncture of the D1 high and the following synchronous movement upwards + fulfillment of waves on D1.
A variant downwards: there are two of them with catchig of stops and without it. This variant will be shown clearly by allies.
The main question is if it will be a "B" wave on h4 or prolongation of the 5-th wave on D1.

[ADUNBS FX]

18 April 2007
Forecast - hints.

Further variants

Resistances
* 2.0075
* 2.0090-large offers/option barrier on 2.0100/stops above 2.0110
*2.0150 - middle-size offers
*2.0190/200 - large offers

supports – local grid
$2.0075 - small offers/intraday maximums
$2.0000 - small bids
$1.9970 - moderate demand/stops below
$1.9950/40 - moderate demand/stops below

Comments
It wiil go upwards only if allies will be coordinated.
As well as downwards.
GBP: even don't know where to target it, BUT there is no turn yet.
Targets will be made more precise in a real time.

I consider that for downward movement it's needed to put a zigzag for easing a turn.


Yours faithfully, ADUNBS.

[ADUNBS FX]

26 April 2007
Forecast hints.


Resistances
* 2.0060/70
* 2.0095/05
* 2.0133/37 (d1) = d1 maximum + 123% from a MN recoil 1.7048-1.9537 = 5-th wave of the bullish trend
* 2.0164 = 123% h4 1.9984-2.0133
* 2.0190 = 138% h4 1.9984-2.0133
* 2.0220 = 162% h4 1.9984-2.0133

Supports
* 1.9954
* 1.9938 = 76% IMN + 162% from "A" wave
* 1.9925 = 38% 1.9590-2.0133 + 200% from "B" wave
* 1.9894 = 200% from "A" wave on H1


Comments
I made mistake yesterday determining "B" wave.
As I thought that it'd finished. Eur made its influance at such decision.

Movement downwards is a bounce of EUR from an important resistance, and forming of an "A" wave on H1 as the current up wave has broken the "B" wave and made 5-waved structure.
Movement upwards is punctures of resistances and brakes of the "B" wave on H4.
Prolongation of the 5-th subwave on H4.
All conditions on H1 for the 4-th wave have been done, but not on H4.

To make a buy is not recommended now as there is no clear definition for the current wave on H4.


Yours faithfully, ADUNBS.