Printable View
http://prntscr.com/42kswu
analysis for today 7 / 14 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8814
Retracement (50%) 0.8818
retracement (61,8%) 0.8822
Extensions (61.8%) 0.8780
Extensions (100.0%) 0.8767
Extensions (138.2%) 0.8754
Extensions (161.8%) 0.8746
calculation based on a Fibonacci retracement then today I choose sell
We have to wait until it happens a 4 hours candle close under 0.8801 and then we open short positions.
http://i.imgur.com/DRFNJ38.png
http://prntscr.com/42rviq
analysis for today 7 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 14 / 2014
OPEN 0.8817
HIGH 0.8825
LOW 0.8796
CLOSED 0.8809
The third resistance (R3) 0.8825 -( 0.8810 - 0.8796 = 0.0014 x 2 = 0.0028 )= 0.8853
The second Resistance (R2) 0.8810 + 0.8825 - 0.8796 = 0.8839
First resistance (R1) 0.8810 x 2 = 1.7620 - 0.8796 = 0.8824
pivot points 0.8825 + 0.8796 + 0.8809 = 2.6430 / 3 = 0.8810
Support for the first (S1) 0.8810 x 2 = 1.7620 - 0.8825 = 0.8795
Support second (S2) 0.8810 -( 0.8825 - 0.8796 = 0.0029 ) = 0.8781
Third Support (S3) 0.8796 -( 0.8825 - 0.8810 = 0.0015 x 2 = 0.0030 )= 0.8766
http://prntscr.com/42wv3a
analysis for today 7 / 15 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8807
Retracement (50%) 0.8811
retracement (61,8%) 0.8814
Extensions (61.8%) 0.8778
Extensions (100.0%) 0.8767
Extensions (138.2%) 0.8756
Extensions (161.8%) 0.8749
calculation based on a Fibonacci retracement then today I choose sell
http://prntscr.com/434qq9
analysis for today 7 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 15 / 2014
OPEN 0.8809
HIGH 0.8820
LOW 0.8752
CLOSED 0.8769
The third resistance (R3) 0.8820 -( 0.8780 - 0.8752 = 0.0028 x 2 = 0.0057 )= 0.8877
The second Resistance (R2) 0.8780 + 0.8820 - 0.8752 = 0.8848
First resistance (R1) 0.8780 x 2 = 1.7561 - 0.8752 = 0.8809
pivot points 0.8820 + 0.8752 + 0.8769 = 2.6341 / 3 = 0.8780
Support for the first (S1) 0.8780 x 2 = 1.7561 - 0.8820 = 0.8741
Support second (S2) 0.8780 -( 0.8820 - 0.8752 = 0.0068 ) = 0.8712
Third Support (S3) 0.8752 -( 0.8820 - 0.8780 = 0.0040 x 2 = 0.0079 )= 0.8673
http://prntscr.com/43972w
analysis for today 7 / 16 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8778
Retracement (50%) 0.8786
retracement (61,8%) 0.8794
Extensions (61.8%) 0.8710
Extensions (100.0%) 0.8684
Extensions (138.2%) 0.8658
Extensions (161.8%) 0.8642
calculation based on a Fibonacci retracement then today I choose sell
Quote:
Originally Posted by roobin54
http://forex-fa14.blogspot.com/
:)
http://prntscr.com/43hf98
analysis for today 7 / 17 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 16 / 2014
OPEN 0.8770
HIGH 0.8773
LOW 0.8692
CLOSED 0.8714
The third resistance (R3) 0.8773 -( 0.8726 - 0.8692 = 0.0034 x 2 = 0.0069 )= 0.8842
The second Resistance (R2) 0.8726 + 0.8773 - 0.8692 = 0.8807
First resistance (R1) 0.8726 x 2 = 1.7453 - 0.8692 = 0.8761
pivot points 0.8773 + 0.8692 + 0.8714 = 2.6179 / 3 = 0.8726
Support for the first (S1) 0.8726 x 2 = 1.7453 - 0.8773 = 0.8680
Support second (S2) 0.8726 -( 0.8773 - 0.8692 = 0.0081 ) = 0.8645
Third Support (S3) 0.8692 -( 0.8773 - 0.8726 = 0.0047 x 2 = 0.0093 )= 0.8599
http://prntscr.com/43l8zq
analysis for today 7 / 17 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8723
Retracement (50%) 0.8733
retracement (61,8%) 0.8742
Extensions (61.8%) 0.8642
Extensions (100.0%) 0.8611
Extensions (138.2%) 0.8580
Extensions (161.8%) 0.8561
calculation based on a Fibonacci retracement then today I choose sell
http://prntscr.com/43vbei
analysis for today 7 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 17 / 2014
OPEN 0.8714
HIGH 0.8722
LOW 0.8669
CLOSED 0.8671
The third resistance (R3) 0.8722 -( 0.8687 - 0.8669 = 0.0018 x 2 = 0.0037 )= 0.8759
The second Resistance (R2) 0.8687 + 0.8722 - 0.8669 = 0.8740
First resistance (R1) 0.8687 x 2 = 1.7375 - 0.8669 = 0.8706
pivot points 0.8722 + 0.8669 + 0.8671 = 2.6062 / 3 = 0.8687
Support for the first (S1) 0.8687 x 2 = 1.7375 - 0.8722 = 0.8653
Support second (S2) 0.8687 -( 0.8722 - 0.8669 = 0.0053 ) = 0.8634
Third Support (S3) 0.8669 -( 0.8722 - 0.8687 = 0.0035 x 2 = 0.0069 )= 0.8600