In this brief post I share today’s daily review for the USD/JPY, EUR/JPY & GBP/JPY major forex pairs for tomorrow May 15th, 2014. In the video I review the daily, and 4-hour sequences and provide explanation of market action and price dynamics, plus potential setups based on my opinion and trading method.
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Before you watch the video, do not forget to register for the Webinar I am going to offer on FXStreet titled: “Traditional and new uses of Fibonacci in Modern Markets”, on May 19, 14:00 GMT (10am in Toronto).
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.
The FibStalking timing technique and the the FibStalker method help “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.
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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.