Monthly Archives: February 2013

Closed for Italian Elections… will reopen on Wednesday, February 27th, 2013

Italian Members of Parliament – Chamber results (final):

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USD/JPY versus EUR/JPY Comparison and Forecast, February 21st 2013 (English Language)

Hello traders,

this afternoon I worked on a comparison analysis between to major pairs: USD/JPY and EUR/JPY. In the following is the result of the analysis:

USDJPY vs EURJPY comparison & forecast, daily chart - February 21st, 2013

USDJPY vs EURJPY comparison & forecast, daily chart – February 21st, 2013

There is a major difference on the daily chart which can be spot analyzing the two charts compared above. Price action of both charts is the same but; while the Euro failed the next move higher, showing a Euro that is going to weaken faster than the Japanese yen in the coming days,that did not happen to the USD/JPY. So that means that bulls are not interested too buy the EUR/JPY pair at this stage (see below), while they could still be involved in long positions in the USD/JPY pair.

The USD/JPY pair (see picture above) did not fail the current long extension setup. Above the 91.60 level longs are still valid with a 1st target at the 94.90 area (scenario 1). The scenario 2. for the USD/JPY would develop if price falls below the 91.60 level. In that case we could see a move into the next level of support down at the 89.40 area.

As anticipated, the main difference between USD/JPY and EUR/JPY is that the latter failed the extension long. That happened the very moment price moved below the 123.30 level on Friday last week.The price is now in scenario 1, moving in traditional shorts with resistance between 125.30-125.80. First target is down at 121.80. Scenario 2 would kick if price would not bbounce off the next support level at 119.60 which lines up to the 2nd target in the 119.90 area. In that case, we could see a continued move lower.

The level of support on the EUR/JPY pair will be identified when the EUR/USD pair will also find support. I anticipate this support will come at 1.2900. Both USD/JOY and EUR/JPY could find their support when that happens.

In my mid-week update I will send tonight I will have a video on this analysis and more information.

Tonight I am going to send my Mid-Week update. Subscribe for free below so I can include you in the distribution list, it only takes 10 seconds:

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

If you intend using this information for your trading please do your own diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

Have a good day

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Today in my February 21st, 2013 Mid-Week Update (English Language)

Hello all,

this is an anticipation of what you will read in today’s Mid-Week February 21st Update which is part of my free Sunday Newsletter subscription:

  • FOREX – This week’s video-analysis collection (English and Italian, watch an example here)
  • FOREX – Market commentary: Updated Trading Plan for the Euro-Dollar FX futures (watch an example here)
  • FUTURES – Market commentary: Updated Trading Plan for the S&P500 ES e-mini futures (watch an example here) — I will use SPY ETF due to data issue on my trading platform.
  • FUTURES – Market commentary: Updated Trading Plan for the Dollar Index futures
  • FOREX – FibStalker View on Currencies: USD/JPY versus EUR/JPY analysis and forecast (video)
  • STOCKS – Stock analysis: Research in Motion (BBRY).

If you miss the videos on the Euro FX currency futures I publish in the Blog every day throughout all the week, you can now catch up in the Mid-Week Update.

I do every effort to offer newsletter content in both English and Italian languages, but at the moment I can only record and write the Mid-Week updates in English language, so I ask the Italian readers and friends to be patient. Anyway, with time I intend to make available the most important content in both languages.

Notice that I will only post Mid-Week Updates to my free newsletter subscriber. Register for free here.

I send my free Newsletter on Sundays along with other information. The newsletter typically includes: a weekly review for the Dollar Index, the Euro-Dollar cross and the S&P 500 e-mini futures, my FibStalker View on Currencies focusing on the Dollar Index, the Pound (GBP/USD), the Australian Dollar (AUD/USD), the Canadian Dollar (USD/CAD) and the Japanese Yen (USD/JPY), articles on my trading method, market commentaries and HFT/Program Trading, from which I derive my trading edge. Please, register here to receive the free weekly newsletter.

If you like this website, please recommend it to your friends. If you want it to be better, please, leave me a feedback (comment below).

If you want to receive mid-week updates, along with the contents of my Newsletter, please subscribe for free.

Thank you in advance for subscribing should you decide to do so. Lots of other people are doing the same.

Thank you

Have a great day.

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Filed under Dollar Index, English language, Euro FX analysis and trade setups videos, Forex, Futures, Newsletter, S&P mini futures setups and trades, Trading Plan, Weekly review

Analisi e Forecast Euro-Dollaro, 21 Febbraio 2013 (Italian Language)

Salve,

Qui sotto video-analisi e forecast del prezzo per il contratto Euro FX currency futures per oggi 21 Febbraio:

Ieri sera l’Euro FX currency futures ha violato l’importante livello 1.3276 verso il basso decretando l’opportunita’ per un piu’ significativo movimento verso il basso nell’area 1.2900. In effetti, il mercato ha continuato verso il basso e le vendite hanno ripreso durante la sessione Asiatica della notte.

L’Euro ha anche raggiunto il primo target nell’area 1.3270 ed ora e’ diretto verso il livello 1.3130, dove potremmo assistere ad un rimbalzo.

Euro FX futures contract, 4-hour chart - February 20th, 2013

Contratto Euro FX futures, grafico a 4 ore – 21 Febbraio, 2013

Il piano di trading per l’Euro rimane lo stesso di ieri (si faccia riferimento alla figura qui sopra). Se i minimi relativi sono al livello 1.3474 (per via del secondo target raggiunto da un movimento misurato interno), potremmo assistere ad un ritracciamento nell’area 1.3240 o anche 1.3300 prima che il movimento al ribasso possa riprendere.

Il target finale del corrente swing al ribasso e’ ora confermato a 1.2900 ed e’ solamente un fatto di come e quando il prezzo raggoiungera’ quei livelli. Cio’ potrebbe accadere nelle prossime due settimane.

Redico una newsletter gratuita in due lingue (italiano e inglese) ed in essa fornisco video review del fine settimana ed aggiornamenti infra-settimanali, con piani di trading per Euro, indice S&P500 ed alcune azioni, ed informazioni di dettaglio sui setup di trade nel forex (prima che avvengano). La newsletter viene di solito spedita la domenica (mentre l’aggiornamento infra-settimanale il mercoledi successivo) ed include materiale didattico, articoli, video review settimanali ed altre informazioni che non condivido sul Blog. Per registrarsi fate click sull’immagine qui sotto.

Vi ringrazio in anticipo se deciderete di sottoscrivere la newsletter. Molte persone lo hanno gia’ fatto.

Se intendete usare queste informazioni per il vostro trading vi prego di fare le vostre verifiche e la vostra analisi, cercare la consulenza di un professionista ed e’ sottinteso che ogni trade basata su queste informazioni sara’ di vostra responsabilita’. Le informazioni nel Blog sono riportate a solo scopo informativo. Siete pregati di leggere il Disclaimer e accettare tutti i rischi. Grazie.

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Filed under Euro FX analysis and trade setups videos, Forex, Italiano (Italian language), Trading Plan

Euro-Dollar Analysis & Forecast, February 21st 2013 (English Language)

Hello traders,

Here below please find attached the video-analysis of the Euro FX currency futures for today February 21st:

Yesterday evening the Euro FX pierced the 1.3276 level that we were closely watching and that decreed the opportunity of a larger move into the 1.2900 area. Indeed, the market continue lower and the selling resumed during the Asian session.

The Euro also hit the first target in the 1.3270 area and is now headed into the 1.3130, where we could get a bounce.

Euro FX futures contract, 4-hour chart - February 20th, 2013

Euro FX futures contract, 4-hour chart – February 21st, 2013

The plan is the same as yesterday (see above picture). If the relative lows are in at the 1.3474 level (due to an inner traditional move) we could see a retrace into the 1.3240 to 1.3300 area before the move lower can resume.

The target is now confirmed at 1.2900 and it is just a matter of how and when price can get there. This could happen in the coming two weeks.

If you want to have  access to trading plans, watch weekly video reviews as I develop or record them, or get information on setups (before they happen) for the Euro-Dollar cross, the S&P500 index and some high volume  stocks, please subscribe my newsletter. It’s free and you get additional content like market commentaries, setups, e-books, articles on HFT and program trading, learning material on my method and video-analysis that I don’t make available on my blog.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

If you intend using this information for your trading please do your own due diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

Have a good day

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Filed under English language, Euro FX analysis and trade setups videos, Forex, Trading Plan

Analisi e Forecast Euro-Dollaro, 20 Febbraio 2013 (Italian Language)

Salve,

Qui sotto video-analisi e forecast del prezzo per il contratto Euro FX currency futures per oggi 20 Febbraio:

L’area di resistenza e di ingresso al ribasso in1.3530 non ha tradato formalmente (il front-run e’ stato troppo grosso), ma la partecipazione del program trading in essa ha evidentemente premuto il prezzo verso il basso (si faccia riferimento alla figura qui sotto). L’area di setup in 1.3540 ha target nell’area 1.3270 (primo target) e nell’area 1.3130 (secondo target).

Euro FX futures contract, 4-hour chart - February 20th, 2013

Contratto Euro FX futures, grafico a 4 ore – 20 Febbraio, 2013

Il livello 1.3276 e’ molto importante da monitorare. Se venisse violato al ribasso, cio’ aprirebbe la possibilita’ di un ritracciamento sino all’area di supporto in 1.2900, come anticipo ormai da alcuni giorni (le ragioni possono essere trovate nel video dell’8 Febbraio. Si noti che il primo target del setup al ribasso corrente nel timeframe a 4 ore nell’area 1.3410 si trova al di sotto del livello 1.3276. Quindi se il setup corrente nel grafico a 4 ore raggiunge il  primo target, gia’ confermato, potremmo continuare molto al di sotto (verso 1.2900).

Con la violazione al ribasso del livello 1.3350 non si dovrebbe osservare piu’ un grande interesse da parte dei rialzisti nel timeframe a 4 ore. Tuttavia potremmo ancora assistere ad un ritracciamento in area 1.3360-90, prima che cio’ avvenga.

Se il movimento verso il basso continua, il prezzo potrebbe incontrare le media mobile a 100-giorni nell’area 1.3130. Potrebbe esserci un rimbalzo entro l’area 1.3215-45 o anche entro la zona 1.3260, prima di una continuazione al ribasso verso 1.29.

Redico una newsletter gratuita in due lingue (italiano e inglese) ed in essa fornisco video review del fine settimana ed aggiornamenti infra-settimanali, con piani di trading per Euro, indice S&P500 ed alcune azioni, ed informazioni di dettaglio sui setup di trade nel forex (prima che avvengano). La newsletter viene di solito spedita la domenica (mentre l’aggiornamento infra-settimanale il mercoledi successivo) ed include materiale didattico, articoli, video review settimanali ed altre informazioni che non condivido sul Blog. Per registrarsi fate click sull’immagine qui sotto.

Vi ringrazio in anticipo se deciderete di sottoscrivere la newsletter. Molte persone lo hanno gia’ fatto.

Se intendete usare queste informazioni per il vostro trading vi prego di fare le vostre verifiche e la vostra analisi, cercare la consulenza di un professionista ed e’ sottinteso che ogni trade basata su queste informazioni sara’ di vostra responsabilita’. Le informazioni nel Blog sono riportate a solo scopo informativo. Siete pregati di leggere il Disclaimer e accettare tutti i rischi. Grazie.

Leave a comment

Filed under Euro FX analysis and trade setups videos, Forex, Italiano (Italian language), Trading Plan

Euro-Dollar Analysis & Forecast, February 20th 2013 (English Language)

Hello traders,

Here below please find attached the video-analysis of the Euro FX currency futures for today February 20th:

The 1.3530 area of resistance and short selling never traded (too big of a front-run), but program trading participation has evidently pushed price lower (see picture below). The 1.3540 area of setup has targets in the 1.3270 area (1st target) and the 1.3130 area (2nd target).

Euro FX futures contract, 4-hour chart - February 20th, 2013

Euro FX futures contract, 4-hour chart – February 20th, 2013

The 1.3276 level is a very important level to monitor. It being pierced on the downside would open up the possibility of a retrace all the way into the 1.2900 area of support, which I have been now anticipating since some time (find the reason in Feb 8th video). Notice that the first target of the current short setup in the 4-hour timeframe in the 1.3410 area is below that 1.3276 level. So if the current setup in the 4-hour chart reaches the already confirmed 1st target, we could continue much lower (into 1.2900).

With the violation of the 1.3350 level on the downside we should no longer see strong interest from bulls in the 4-hour timeframe. However we could still see a retrace onto the 1.3360-90 area. We can still have a retrace up to the 1.3380 area but the move lower should then resume.

If the move continues lower it could meet the 100-day SMA at the 1.3130 area. There we could get a bounce into the 1.3215-45 or even 1.3260 area before a continuation lower into the 1.29s.

If you want to have  access to trading plans, watch weekly video reviews as I develop or record them, or get information on setups (before they happen) for the Euro-Dollar cross, the S&P500 index and some high volume  stocks, please subscribe my newsletter. It’s free and you get additional content like market commentaries, setups, e-books, articles on HFT and program trading, learning material on my method and video-analysis that I don’t make available on my blog.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

If you intend using this information for your trading please do your own due diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

Have a good day

Leave a comment

Filed under English language, Euro FX analysis and trade setups videos, Forex, Trading Plan