Monthly Archives: February 2014

EUR/USD and S&P500 emini daily update, February 20th 2014

Hello Traders,

In the following I am sharing the daily review for the EUR/USD and the  S&P500 emini for tonight February 20th, 2014

Below the video analysis, you can find the commentaries for the above mentioned markets:

http://youtu.be/A-WaVThguVw

EUR/USD
The Euro is correcting into the next level of support 1.3670. If you believe that the Euro has to continue higher (I do not support that) that is where we will need to test the long participation (with a stop below 1.3642). Below 1.3642 the next area of support starts at 1.3624, but I would not get involve long at that levels as we could easily witness recent lows at 1.3470 area trading again. If, on the other hand, the 1.3670 area gets participation, the next target would be in area 1.3830.

S&P500 emini
This market failed the 1,735 level more than 2 weeks ago and retraced to previous highs as anticipated. After an initial move lower, price has been pushed higher by a dodgy sequence on the 15mins today. We have support in the at 1,835 area at the moment but, should the market lose the 1,834.5 level we could be in for a harsh correction, at least into 1,818. Most probably lower.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

My method helps “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow me to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article).  Sharing is caring…

If you want to receive this information you can subscribe my free newsletter.

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

Giuseppe, the FibStalker

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Filed under Commodities, English language, Euro FX analysis and trade setups videos, Forex, Futures, S&P mini futures setups and trades, Trading Plan

All Markets Daily analysis and Forecast, February 18th 2014

Hello Traders,

Tonight’s video features all the 11 markets I follow for which you can review my last Newsletter (if you are not a subscriber you can receive my last 6 issues simply by subscribing; it is free, see below).

The market featured in the below video and commentary are EUR/USD, S&P500, Dollar Index, Gold, USD/JPY, EUR/JPY, GBP/JPY, GBP/USD, AUD/USD, USD/CAD & NZD/USD.

Hereunder is the commentary for the markets I follow:

EUR/USD
The Euro is continuing its push higher on top of that areas of support starting at 1.3580 and is now well past the 1st target at 1.3730. The market apparently what to keep pushing higher into the 2nd target at 1.3809. On the 240min chart we have a move that reached second target and the next extension (and entry) long is located at 1.3747 (with a stop below 1.3741) pushing price into that 1.3809 target area. Below 1.3741 (from current highs) a retracement into 1.3667 is possible.

S&P500 emini
Nothing has changed for the S&P500 emini, this market has kept moving laterally. On the 240min chart this market is trading well above the 1st targeta t 1,832 and into the previous highs at 1,846. If and after that we should see some profit taking and a trade back into 1,834 with the 1,831 level being an important level of failure to watch.

Dollar Index futures
Yesterday I have showed for this market ready to trade the next sequence short at around 80.25, with a stop above 80.32. The short worked and brought price of Dollar to lows. The current short setup has targets at 79.87 and 79.67. Above 80.32 the next area of resistance would start at 80.70.

Gold mini futures
This market is correcting into the area of retracement and long entry anticipated yesterday. The next level in the sequence is at 1,303 with a stop below 1,295. Below that level a correction all the way into 1,255 cannot be excluded.

USD/JPY

The 101.50 area of support we have been following for the last month or so, saw confirmed participation on Monday and today we just saw a continuation higher. Price must work out that declining 20 day SMA and eventually test the 103.10 resistance. Current participation is asserting higher prices at 107.30 and then eventually 108.30, first target of the weekly long at 94, identified back in June last year. Confirmation of the 107.30 target will come with price piercing above 103.63.

EUR/JPY

This market has reacted to the 136.65 area of long support, which is traced as an extension higher for a continuation into first target at 149.94. Price is just stopped at that 140.94 level of resistance on the daily chart. Above 142.07 the new target will be confirmed. On the 240min timeframe, the extension with entry point at 138.90 hit 1st target at 140.97. If price comes back down the next level of support will be 139.28 (with a stop below 138.86), with a new (1st) target at 141.83.

GBP/JPY
This market confirmed targets above at 179 (1st target) on Monday, February 17th. The 179 area corresponds to the area of the support and entry long at 165.78, which was identified a few weeks back. Notice however that the sequence on the 240mins has now failed so we start a correction that could bring price into the 169 area, where price will meet the flat 20 day SMA. Notice that there is also a possibility for price to retest 167.90

GBP/USD
After reaching second target at 1.6780, this market  is now retracing as anticipating due to Program Trading taking profits here and push price into the next level of long support (and entry) at 1.6540, with a stop below 1.6473.

AUD/USD
This market is still in a continuation higher and the current support area, starting at 0.8946 (with a stop below 0.8916) has first target at 0.9140. The market moved laterally in the last few days and the 15min move higher failed so it is possible to see a retracement all the way into the 0.8950 area, especially if we lose 0.8984.

USD/CAD
Market slowly retracing into the that area of support and entry long (if supported by the fibstalking technique test) at 1.0910, clearly visible on the daily chart. Notice that below 1.0841 we have the potential to move all the way to 1.0314.

NDZ/USD
Yesterday this market failed the sequence of extensions higher when price pierced the 0.8298 level on the downside. The two areas to watch were the 0.8320 support and, below 0.8306 (high probability) the next area of support is 0.8260. The 0.8306 was pierced on the downside as indicated yesterday and now moving into 0.8260 (partial profits).

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

My method helps “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow me to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article). Sharing is caring…

If you want to receive such videos, please subscribe my free newsletter.

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

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

Leave a comment

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

All Markets Daily analysis and Forecast, February 17th 2014

Hello Traders,

Tonight’s video features all the 11 markets I follow for which you can review my last Newsletter (if you are not a subscriber you can receive my last 6 issues simply by subscribing; it is free, see below).

The market featured in the below video and commentary are EUR/USD, S&P500, Dollar Index, Gold, USD/JPY, EUR/JPY, GBP/JPY, GBP/USD, AUD/USD, USD/CAD & NZD/USD.

Hereunder is the commentary for the markets I follow:

EUR/USD
The Euro is enjoying a push higher on top of that areas of support starting at 1.3580 with a target 1.3730. After we get there, we will need to study the Euro price to know whether it will stop there and retrace or continue higher into teh 1.3809 second target. I do not assume that the Euro is going higher.

S&P500 emini
Nothing has changed for the S&P500 emini, on the 240min chart this market is trading well above the 1st targeta t 1,832 and into the previous highs at 1,846. If and after that we should see some profit taking and a trade back into 1,834 with the 1,831 level being an important level of failure to watch.

Dollar Index futures
This market traded lower into the second target at lows and it is now ready to trade the next sequence short at around 80.25. Notice that price is at those lows that saw participation on the upside in recent months and weeks, so additional caution is needed here. Above 80.32 the Dollar Index has the potential to move higher into the 80.70 area of resistance.

Gold emini
This market respected the next entry long identified in the sequence by the area of support starting at 1,244, never moving be 1,263 level (stoploss). Price was propelled higher into the first target (1,291) and well above the second target (1,315) into an area of daily shorts starting at 1,307. I am now anticipating a retracement into the next level in the sequence at 1,303 before a continuation higher is possible. Below 1,295 a correction all the way into 1,255 cannot be excluded.

USD/JPY

The 101.50 area of support we have been following for the last month or so,saw confirmed participation again today. Current participation is asserting higher prices at 107.30 and then eventually 108.30, first target of the weekly long at 94, identified back in June last year. Confirmation to come with price above 103.63.

EUR/JPY

This market has been reacting, in the last few days, to the support area at 136.65 which is an extension higher for a continuation into first target at 149.94. Price is approaching 140.94 area of resistance on the daily chart. Above 142.07 the new target will be confirmed.

GBP/JPY
This market confirmed on Monday, February 17th the targets above at 179 (1st target) which corresponds to the area of support at 165.78 which was identified with a few weeks in advance. Congratulations to those who took the long trade.

GBP/USD
This market reached the second target at 1.6780 of that daily extension long with support around 1.5840 that traded at the beginning of November 2013. For this reason  we will hardly witness higher prices from here. Price is ready for a retracement due to Program Trading taking profits here to push price into the next level of long support (and entry) at 1.6540, with a stop below 1.6473.

AUD/USD
This market is still in a continuation higher and the current support area, starting at 0.8946 (with a stop below 0.8916) has first target at 0.9140. The move short, potentially into the 0.8869 (at least) would resume below 0.8916 failure level.

USD/CAD
We recently witnessed price retrace to the all the way half way short twice. The last retracement higher was at that 1.1090 area with 1st targets below at that 1.0910 area of support, visible on the daily chart.

NDZ/USD
This market failed failed the sequence of extensions higher when price pierced the 0.8298 level on the downside. In fact, price went just higher into the 0.8390 area of first target and then saw profit taking from Program Trading. The two areas to watch are the 0.8320 support and, below 0.8306 (high probability) the next area of support is 0.8260 and then 0.8221. Where the sequence of measured moves lower in the 240min stops, there will be the support for a continuation higher. On the daily chart target is at0.8740 area.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

My method helps “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow me to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article). Sharing is caring…

If you want to receive such videos, please subscribe my free newsletter.

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

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

Leave a comment

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

All Markets Daily analysis and Forecast, February 11th 2014

Hello Traders,

Tonight’s video features all the markets I follow, but the Japanes Majors, for which you can review my last Newsletter (if you are not a subscriber you can receive my last 6 issues simply by subscribing for free, see below).

The market featured in the below video and commentary are EUR/USD, S&P500, Dollar Index, Gold, GBP/USD, AUD/USD, USD/CAD & NZD/USD.

Notice that the short in the Euro is still valid and yesterday I provided a warning for the S&P500 as we could be very close to a sensitive correction.

Hereunder is the commentary for the markets I follow:

EUR/USD
The Euro is showing resistance at the all the way half way back at 1.3684 area where participation on the downside was anticipated. On the 240min timeframe support will be at 1.3617 and, below 1.3605, at 1.3580 area. The move lower can be considered completely resumed below 1.3553

S&P500 emini
The S&P500 emini failed the 1,735 level I have been watching closely. Although not confirmed by cash, this failure ~WARNS~ that a correction could start when the current move higher will be completed. This move could end at or above previous highs

Dollar Index futures
This market is showing support for the first time at 80.50. We anticipate a continuation higher in the DX (and a corresponding move lower in the EUR/USD). If that happens the first target for DX will be the 82 level

Gold emini
This market respected the next entry long identified in the sequence by the area of support starting at 1,244. Program Trading participated on the long side and today (Tue, Feb 11) price was able to cut above that 1,294.12 level, which is important to identify and declare the failure of daily shorts in this market. If price does not continue higher straight into second level at 1,315, we will see a retracement into the next support and long at 1,266 with a stop below 1,258 and a continuation higher into 1,307 (1st target).

USD/JPY, EUR/JPY & GBP/JPY
Please review last Newsletter.Analysis of these pairs is unchanged.

GBP/USD
This market reacted to the 1.6260 anticipated level of support and now there is a battle for the trend with bears entering at the 1.6450 area. Below 1.6160, this market will keep correcting with the EUR/USD, eventually into the 1.6050 area of daily support.

AUD/USD
This market failed the 61.8% of the measured move traced from the 0.9268 all important anchort that has been used by Program Trading in the last few months. Now this pair has the potential to move into the 0.9200 area where we should witness daily resistance. However the failure of the current sequence in the 240min timeframe could indicate the end of this move higher. At the moment price is continuing reacting to the 0.8908 area with first target at 0.9040 (already hit) and price heading towards second target at 0.9108.

USD/CAD
We witnessed a failure of longs and a confirmation of the weekly short (review last weekend s video) when price moved below 1.1049. After that point we saw price retrace to the all the way half way short twice. More recently at that 1.1090 area with targets below (1st target right at that 1.0910 area of support)

NDZ/USD
We witnessed the area of support starting at 0.8110, identified back during the mid of October 2013, holding for the third time. With potential resuming strenght in the dollar this pair could just continue in a lateral move on top of the 0.8110 support. Targets are currently above at 0.8745.

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

My method helps “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow me to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article). Sharing is caring…

If you want to receive such videos, please subscribe my free newsletter.

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

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

Leave a comment

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

“FXStreet Forex Best Awards 2014” nominee, Saturday February 8th, 2014

Dear all,

it is with great suprise and joy that I have received the news.

FXStreet.com included my name in the category of “Best Live Analysis Room Guests” of theri Best Awards 2014 competition. This is flattening!

I want to thank Dave Pinkert, Mauricio Carrillo and Francesc Riverola, as well as, all the FXStreet.com Live Analysis Room participants for their great support and warm welcome.

I hope that using the studies of the effects of Program Trading, a class of algorithmic trading, to spot footprints of institutional trading, will help more and more traders to become part of that 5% of consistently profitable traders, contributing to level plain the trading game!

FXStreet Forex Best Awards 2014

FXStreet Forex Best Awards 2014

Here are the FXStreet Forex Best Awards 2014 nominees.

You can express your vote here. Note that I will be supporting OANDA Corporation in Category 2 (“Best Sell-Side Analysis Contributor”) for their execution strategy, as well as, because they offer their office space and lots of their time to support the Toronto Forex Meetup Group by FXStreet, a place where I and all participants will do what we can to help growing new “5 percenters”, beginning and seasoned traders who eventually want to make it into the elite 5% of consistent investors and traders.

Thank you in advance if you will decide to grant your vote to me and my work and contribution.

Best Regards,,,

Giuseppe, ~ the FibStalker

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All Markets Daily analysis and Forecast, February 4th 2014

Hello Traders,

Tonight’s video features all the markets I follow: EUR/USD, S&P500, Dollar Index, Gold, USD/JPY, EUR/JPY, GBP/JPY, GBP/USD, AUD/USD, USD/CAD & NZD/USD.

The new levels to watch and setups, all on the short side, are provided in the below video:

The setup for the EUR/USD pair offered in the chart of yesterday’s post is still valid. At the time of my writing the risk is slighly higher (40pips), but the trade has a potential of 200 pips (into the 1.3320 area of support and profit taking)

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

My method helps “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow me to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you (use the buttons below the article). Sharing is caring…

If you want to receive such videos, please subscribe my free newsletter.

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

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

Leave a comment

Filed under Commodities, English language, Euro FX analysis and trade setups videos, Forex, Futures, S&P mini futures setups and trades, Trading Plan

Past (June 30th, 2013) Weekly Review for GBP/USD, USD/JPY & AUD/USD, February 4th, 2014

Hello Traders,

I am now publishing the video analysis for the GBP/USD, USD/JPY & AUD/USD shared with my free Newsletter subscribers on June 30th, 2013.

The material featured in the above video and the Blog education sections is related to and shows a new way of looking at, studying, analyzing and trading high volume markets by spotting Algorithmic Trading footprints on price. The information and the methods presented are related to a framework used to “explain” price moves. The new approach helps “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they say they are doing). If you read and understand the information above and study and follow my work, you can learn to make the overwhelming presence of Program Trading (in high volume markets) working to your advantage. By learning how to spot the Algorithmic Trading footprints, you can gain a new trading edge and finally beat Banks, Institutions and Hedge Funds, by following a procedural approach.

If you like this video review, please share it with your friends and fellow traders (use the buttons at the end of the post). Thank you! …. Sharing is caring…

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for:

  • EUR/USD, Dollar Index, S&P500 e-mini and Gold e-mini;
  • the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY;
  • the other majors: GBP/USD, AUD/USD, USD/CAD & NZD/USD

plus other educational videos, news, articles and useful information. If you found the concepts presented above interesting and you want to see such concepts at work on the markets, please subscribe my free newsletter and also receive video analysis in daily and weekly reviews.

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great weekend.

Leave a comment

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