Gemeinschaft
Blog
AdamFx42's Blog

AdamFx42's Blog

Avatar

AUD sort of holds 0.7, but I lose most

AdamFx42 Veröffentlicht 2 Sep.  in #Trader's blog #AUD/USD #NZD/USD #Long Positions
I was stopped out in Aud/Usd and Nzd/Usd longs today
I guess I bought just a bit too high, and i lost most of my money
I was down to around 10K at some point, and have about 20K now
Time for the comeback of the century, I suppose :-)
I am long Aud/Usd and Nzd/Usd small positions now, to be able to bridge the weekend leverage
I hope to find my form again next week
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

Kommentar hinterlassen
oderum Kommentare zu hinterlassen
Avatar

NZD/USD puts in a double bottom

AdamFx42 Posted 24 Mar. as Analysis on NZD/USD, Target: 0.7819, Date: 1 von May, 12:00 GMT  in #Technical analysis #Double Bottom #NZD/USD #Fibonacci Expansion Levels #Previous Highs #Stochastic Indicator
Nzd/Usd has put in a double bottom on the weekly chart, and looks very bullish
The pair looks to have recovered quickly from lows around 0.72, and is moving up fast
On the weekly chart we see the double bottom, the stochastic indicator pointing up sharply
and the price has already broken previous highs as I type this
Nzd/Usd weekly chart
On the daily chart I have set out the fibonacci expansion levels of the double bottom,
the 100% fibonacci expansion level lies just above previous daily highs a…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

5 Kommentar
AdamFx42 avatar
AdamFx42 28 Mar.

The pair has bounced back from the 100% fibonacci expansion for now,
as I predicted and drew on my daily chart
I expect 61.8% level to act as support for the next move up now

AdamFx42 avatar
AdamFx42 3 Apr.

Support area has held the move down almost exactly as I drew out on my daily chart
and pair is back up challenging 100% fib expansion again,
the strong move up now should lead to a break of the level

AdamFx42 avatar
AdamFx42 8 Apr.

Exactly as I predicted is the price action now -- i hope it ends up well

AdamFx42 avatar
AdamFx42 19 Apr.

The pair has broken above the 100% fibonacci expansion level now
It should be clear towards my target on the daily chart now

AdamFx42 avatar
AdamFx42 29 Apr.

Move above 0.77 now, 100 pips to go

oderum Kommentare zu hinterlassen
Avatar

NZD/USD turning bullish after recent weekly low

AdamFx42 Posted 31 Dec. as Analysis on NZD/USD, Target: 0.7933, Date: 2 von February, 12:00 GMT  in #Technical analysis #NZD/USD #Fibonacci Levels #Bullish Signs #Weekly Low #Sideway Action
Nzd/Usd is turning bullish as several indicators and the price action suggests
On the monthly chart we find that there is sideways action in the pair,
and it seems that the price is bottoming out near the lower border of the monthly sideways channel
Stochastic seems to be turning up here, while RSI-14 remains below 50
Nzd/Usd monthly chart
The weekly chart provides some very interesting facts:
both the RSI-14, as well as the stochastic indicator show bullish divergence
while price action does no…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

1 Kommentar
AdamFx42 avatar
AdamFx42 16 Jan.

After a bit more bearish sentiment, pair is finally holding above 0,78
Need another bullish move towards o.79 to confirm turnaround in sentiment,
and acknowledge my prediction

oderum Kommentare zu hinterlassen
Avatar

NZD/USD performing a round trip

AdamFx42 Posted 30 Nov. as Analysis on NZD/USD, Target: 0.7836, Date: 2 von January, 12:00 GMT  in #Technical analysis #NZD/USD #Fibonacci Expansion Levels #Weekly Double Bottom #Low Weekly Rsi
Nzd/Usd is looking bearish at the moment, but strong support is holding it up
On the weekly chart we see a double bottom in place, this is a natural support for the pair
The weekly RSI-14 is low at the moment, which makes me believe this area may be retested,
or the price will at least move towards it again
Nzd/Usd weekly chart
To try and get a clearer picture of where the price action may bring us, I will use the daily chart
Here I have drawn the Fibonacci expansion level of the latest move,
an…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

5 Kommentar
AdamFx42 avatar
AdamFx42 4 Dec.

Bounce from 0.7750 area as predicted - the 61.8% fibonacci expansion has held the move down,
the second shoulder of the predicted H&S pattern should be in place now,
a move up should follow from here

AdamFx42 avatar
AdamFx42 10 Dec.

The pair saw a lot of action today after the RNZB interest rate decision
The hawkish comments sent the pair higher and it is near my target now,
so it is performing a round trip as the headline of my post suggests
The pair did retrace deeper than I expected to the downside, so the inverted head and shoulders
has not formed

AdamFx42 avatar
AdamFx42 16 Dec.

Pair is holding just below 0.78 now - which seems to be acting as resistance

AdamFx42 avatar
AdamFx42 29 Dec.

Nothing changed - pair still holding below 0.78

AdamFx42 avatar
AdamFx42 30 Dec.

Break above 0.78 now - if it holds then I should be close

oderum Kommentare zu hinterlassen
Avatar

A double bottom for NZD/USD as support

AdamFx42 Posted 13 Oct. as Analysis on NZD/USD, Target: 0.7941, Date: 1 von December, 12:00 GMT  in #Technical analysis #Double Bottom #NZD/USD #Daily Fibonacci Support #Fibonacci Expansion Target
Nzd/Usd shows me a double bottom on the weekly chart;
this indicates to me that a move up should follow
On the weekly chart we can see the double bottom in place
which is followed by a huge bounce from the low level,
this indicates that the price will move away some more from the lows
Nzd/Usd weekly chart
On the daily chart the last move up provides us with fibonacci retracement and expansion levels
the fibonacci retracement level of 61.8% should act as support and lies just above 0.78,
the fibo…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

5 Kommentar
AdamFx42 avatar
AdamFx42 19 Oct.

Resistance has been tested just below 0.8 already, and a move down towards support is on its way

AdamFx42 avatar
AdamFx42 30 Oct.

price is moving along sideways above support area as I predicted

AdamFx42 avatar
AdamFx42 5 Nov.

A lower low has been put in - making the weekly double bottom a slightly different pattern
but the first low has held the price above this latest low, and move up is still very possible

AdamFx42 avatar
AdamFx42 10 Nov.

Low in at around 0.765 now - price back up to 0.78 at this time - looking ready for a higher move up
Bullish sentiment on the pair now - ready to challenge 0.8 again and reach my target

AdamFx42 avatar
AdamFx42 15 Nov.

Price is moving up towards 0.80 now and 0.79 broken to the upside,
if it moves sideways around this area - above 0.79, my prediction will be perfect

oderum Kommentare zu hinterlassen
Avatar

Weekly trendline holding in NZD/USD

AdamFx42 Posted 19 Aug. as Analysis on NZD/USD, Target: 0.8672, Date: 1 von October, 12:00 GMT  in #Technical analysis #NZD/USD #Weekly Trendline #Fibonacci Expansion #NZD Recovery
Nzd/Usd is currently challenging a long-term weekly trendline up,
the signs are there that a low is in place for now - and retracement up
will lead to rejection of breaking out of the weekly trend and a continuation upward for this pair
On the weekly chart we see that the trendline holds for now,
and if a low - last week - is indeed in place,
then the fibonacci expansion of 61.8% of the last weekly move is obtainable:
Nzd/Usd weekly chart
On the daily chart we see the challenge of the weekly tre…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

1 Kommentar
AdamFx42 avatar
AdamFx42 29 Aug.

weekly trendline has held the downside

oderum Kommentare zu hinterlassen
Avatar

Heading down after reversal signs loom

AdamFx42 Posted 17 Mar. as Analysis on NZD/USD, Target: 0.8324, Date: 1 von May, 12:00 GMT  in #Technical analysis #NZD/USD #Bearish Signs #Fibonacci Retracement #Target #Daily Trend
I believe Nzd will weaken the coming month due to Usd demand,
Nzd/Jpy is due for a heavy retracement, and Nzd/Usd should follow down
On the daily chart you can just about see the weekly trendline bottom right of the chart,
it coincides with 61.8% Fibonacci retracement of latest move up on daily chart
and in my mind is a logical target for a move down:
Nzd/Usd may not reach this target on May the 1st,
so I have set my price prediction just below the 50% Fibonacci retracement level
Lets take a clo…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

3 Kommentar
AdamFx42 avatar
AdamFx42 24 Mar.

Pair is reversing from highs just now - I have a bearish engulfing candle on the 15min chart

AdamFx42 avatar
AdamFx42 17 Apr.

There seems to be a downward breakout starting now, but target is still a far way

AdamFx42 avatar
AdamFx42 10 May

Strong bearish pattern appearing, like daily bearish engulfing candle pattern and continuation down

oderum Kommentare zu hinterlassen
Avatar

Perfect Head and Shoulders formed in NZD/USD

AdamFx42 Posted 11 Nov. as Analysis on NZD/USD, Target: 0.7999, Date: 2 von January, 12:00 GMT  in #Technical analysis #Fundamental #NZD/USD #Fibonacci Expansion #H S Daily Chart #Tapering
A near-perfect Head and Shoulders pattern has been formed in NZD/USD; is this a signal for a reversal in morethan one pair?
NZD has been a very strong performer lately, and the only thing likely to bring it down is fundamentals,
and specifically US tapering in December - we will find out if this happens..
On the first daily chart we see the classic H&S setup, we can clearly see the Shoulders and the Head,
and the neckline is drawn horizontally across the lowest support points within the pattern
…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

5 Kommentar
AdamFx42 avatar
AdamFx42 11 Nov.

The edit- button does not seem to be working, when I click on it I am directed to the community page?

AdamFx42 avatar
AdamFx42 11 Nov.

Anyway, what I wanted to edit was: I don't think the target of this pattern will be reached on Jan 2, but the 100% Fibonacci support around 80.8 will not likely hold, and will be broken to around 80 - hence my target of 79.99

AdamFx42 avatar
AdamFx42 15 Dec.

The pair has rejected the neckline for now - will need some bad news about US tapering to send it lower

AdamFx42 avatar
AdamFx42 18 Dec.

Approaching the neckline again - I do hope it breaks forgood now

AdamFx42 avatar
AdamFx42 29 Dec.

Neckline challenge again - it will have to be a very forceful breakout now

oderum Kommentare zu hinterlassen