FOREX Trading
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  • 2010
  • 2009
    • December
      • GBPJY - Try another short
        12/03/09
        I see it as a corrective wave up, so lets try to take another short on the 1h chart. See below:

    • November
    • October
      • GBPJPY - Go Go Go! (Update)
        10/22/09
        Got stopped! It seems like it wants to reach a new high above 164, if so that will be the third wave and new trend. Looking forward to it.

      • GBPJPY - Go Go Go! (Update)
        10/13/09
        A triangle has been formed. Now I'm expecting a huge move down.



        Enjoy!

    • September
    • August
    • February
      • GBPJPY - 8h chart
        02/24/09
        It is ready to make a break up. I'm still holding my longs and on break and backtest I'll add to this long position. See the chart below. I am expecting a good upward move.



        Profitable trading!

      • EURUSD - Long - try again
        02/06/09
        On the hourly chart could be seen classical impulsive and corrective wave pattern, so the next should be impulsive wave up. This is my 3rd and last try to take good long position in this pair. See the chart below:

      • GBPJPY - Broken High
        02/05/09
        So lets count it again after this break. Take a look at the support trend-line - keep the stops below it.

      • GBPJPY - Short to take the C wave.
        02/04/09
        Hi guys,

        Heres is my GBPJPY set-up chart. I am short with target 78.6% retracement, then I'll try some longs. See the chart below:



        Profitable trading!

    • January
      • EURUSD - Met support. Now it is UP!
        01/16/09
        Hi guys, a second try to take this long for a large amount of pips. It met support line, so the stop is below this bottom and tager is for a new high above 1.4800. See the chart:



        Profitable trading!

      • GBPJPY - The diagonal confirmed.
        01/07/09
        The diagonal 5th wave down is confirmed. Expecting corrective 4th wave in large range. The target as mensioned before is 165.00 at least:



        Profitable trading!

      • EURUSD - Update
        01/07/09
        The C wave is over already, now waiting for small 2nd wave down to enter long. See the set-up chart:



        Profitable trading!

  • 2008
    • December
      • EURUSD - Short set-up.
        12/30/08
        Hi guys GBPJPY has stopped me. I'm scalping it now short to the previous low at 128.30. The diagonal is still in my mid-term view I'll post charts after more clues.

        Now the EURUSD I think it needs at least C wave down. See the chart below! Lets See!



        Pro

      • GBPJPY - Counts failed, but the setup still not.
        12/23/08
        Confirmation of the long positions will be break of 139.06 and the target after the confirmation level is 165. It could failed of course so keep tight stops and there is possibility for reverse position below 132. Lets see!



        Profitable trading and happy holidays!

      • GBPJPY - A chance for longs ?
        12/19/08
        Hi guys, I wil give a chance of long orders. It's near to the previous low nad I've put my counts of 2nd wave on the chart below:



        Profitable trading!

      • GBPJPY - Daily Chart
        12/12/08
        Hi guys, I start posting my charts again. Here is the GBPJPY daily count. I think 5th of 3rd is not over - it wants to make new lows then I suppose 4th wave of the down trend. See the chart below



        Feel free to comment!

    • November
    • October
      • GBPJPY - Scalping
        10/31/08
        It is hard to trade on small time frames in such volatillity market, but see my scalping set-up chart:



        Profitable trading!

        Lets see this channel will hold.

      • GBPJPY - Weekly
        10/20/08
        It was a sharp drop last year. If that is a corrective wave what is it's counting. See the chart below - it is not my trading plan it is just a supposition.

      • GBPJPY - 4h Analysis
        10/16/08
        On the 4h it looks like it is ready to make nice up move. Again I'm not sure about this but worth to try, because I see on my chchart 5 waves up then 3 waves down, so this should be 1st, 2nd or A,B and I'm expecting nice up for the 3rd or C wave. See the chart below.

      • GBPJP
        10/09/08
        Hi,

        It was not easy for trade thesee days. The down trend is strong and the volatility was too high, espesially yesterday. The chart below shows my counts. I suppose it will make some kind of corrective wave.

      • GBPJPY - On 4h chart
        10/02/08
        I'm not sure but it worth to try. Lets see!

      • GBPJPY - A pattern I am looking for
        10/02/08
        Hi, guys I am looking at the GBPJPY now and see something like diagonal triangle if it finished its 4th and 5th I'll buy it. See the chart below!

    • September
      • EURUSD - Take it long
        09/24/08
        Hi,
        EURUSD has finished a corrective move down and now I am expeting another high. I'll take it for a 200 pips up. See the chart:

      • GBPUSD - Update
        09/18/08
        It is going good.

      • GBPUSD - An idea for trade
        09/17/08
        GBPUSD looks good for taking some longs. I don't want to make long-term prediction, but now it looks to me like 3rd or C wave. See the chart:

      • GBPJPY - Today (16.09.2008)
        09/16/08
        Hi guys,
        we have a correction. I count it as 4th wave triangle. It is necessary to see the last E wave from it and than reload shorts for another low. See the chart:

      • GBPJPY - Today (04.09.2008)
        09/04/08
        It is time for correction, not only in GBPJPY - GBPUSD, EURUSD too. I am not posting charts these days because I am too busy.

        Profitable Trading!

    • August
      • GBPJPY - Today (29.08.2008)
        08/29/08
        The trade was stopped. It hurry to make new low without any correction :) I believe today will be nice for shorting.

      • GBPJPY - Today (28.08.2009)
        08/28/08
        Here is the trade set-up. Enter long at 200.00 Stop at 199.75 Target 206.00

      • GBPJPY - Today(27.08.2008)
        08/27/08
        I think we have the finished 5th wave already. Now the corrective one in progress. Today was good scalping day for me. Now I am out, but I will scalp this corrective wave. See you in the next topic!


      • GBPJPY - Today (26.08.2008)
        08/26/08
        It makes new lows and don't want to make the expected correction, that means the 5th is not over yet and it looks to me like diagonal triangle 5th wave. See the chart. Lets See!


      • GBPJPY - Today (25.08.2008)
        08/25/08
        Hi guys. I am back on the board. GBPJPY needs a corrective one now IMO. Look at the chart

      • GBPJPY - Daily
        08/13/08
        Hi, guys. Do not forget the daily plan. I'll not posting update charts next 2 weeks because I'm going on vacation. I'll keep my shorts for a new low with target around 180.00. The chart below is the daily plan posted before. Enjoy this drop!

      • GBPJPY - Today (12.08.2008)
        08/12/08
        Hi guys, I should say that the plan is working and the only thing we need now is to make money with managing short positions. I do some work about the development of this website at the moment and we have a FORUM section already. You can visit it at http://maxoforex.com/forum . The registration in

      • GBPJPY - Today (08.08.2008)
        08/08/08
        Just an update of the yesterday's anlysis. Nice profit.

      • GBPJPY - Today (07.08.2008)
        08/07/08
        I promissed to make an update when I have a clue, so I've reloaded shorts and will wait to see a break of the major trend-line. See the chart:



        And just to be more comprehensive I want to share the 1h chart wave counting:

      • GBPJPY - Today(06.08.2008)
        08/06/08
        Seems like the trend line is very strong. I prefer to take my shorts and to wait for good long entry. Defenitely a new high if todays close is above yesterdays high. Lets see!

      • GBPJPY - The 3rd wave down confirmed.
        08/05/08
        The 3rd wave down is confirmed on my chart. Now we just should enjoy the drop. Above 200 pips profit for the moment.

    • July
      • GBPJPY - Today (30.07.2008)
        07/30/08
        Just because it is too lazy these 2 days I think that the 3rd is not in progress yet. So I should counting in the 2nd wave up. I'll protect losses above previous high.

      • GBPJPY - Today (29.07.2008)
        07/29/08
        I am still expecting the 3rd wave down. It was very boring today. It should break the line on the chart below. The next update will be tomorrow.



        Profitable trading!

      • GBPJPY - Today (28.07.2008)
        07/28/08
        I have no change in my expectation for the next wave. It should be 3rd wave down. Protecting loss above previous high. Lets see!




        Profitable trading!

      • GBPJPY - Today (25/07/2008) (1)
        07/25/08
        Here it is. Nice profit. It's time for the 3rd. Lets See.

      • GBPJPY - Today (25/07/2008)
        07/25/08
        OK, We have finished the 1st wave down. Now I'm expecting corrective one up (2nd wave) and then strong down wave 3.

      • GBPJPY - Daily Analysis
        07/24/08
        After the termination of the up-trend, my chart is the following for the daily counts:



        Feel free to comment.

      • GBPJPY - Today (23/07/2008)
        07/23/08
        Keep holding longs. This will be long-time trend IMO. Should see 215 and above levels.



        Feeld free to comment!