20140715 GBPUSB W1

So far, here's my analysis for GBPUSD for upcoming weeks. Currently we are at the major price range which has been the base price or the ground zero for the pair, and based on my analysis next movement should be on bearish trend in coming weeks up to the end of the year 2014.

Huge retracement will also be expected to balance the market movement.

20140508 Euro toward ECB last night

Hours early before ECB Press Conference, I have successfully setup several pending orders on EURUSD, EURGBP and EURJPY, which I think sync that time.

Here's the volatility timing for my technical analysis:

as you see, as around 7:00pm (GMT+8) several news will kick in for GBP and Euro, I setup my trades early Euro session.

Results after few hours:

EURUSD D1, this is the clearer chart to show the major level of my entry. Details are on my H4 chart but due to connection to the major tops from March 10 - 20, 2014. Pending short triggered at 1.3965

EURGBP H4, I setup short entry via ACD level from last week  IBH, lower than last week high at 0.8243 

lastly EURJPY:

EURJPY H4, pending short adjusted to the closed price of NFP candle last week at  142.13 .My 2nd pending short entry (as recovery) was at 142.47 (which is not triggered)

So far I am still holding the trades possible up to Wednesday next week or as I seen it requires to react. All trades covered for now.

20140429 AUDJPY ACD H4

So far, gaining +42 pips, pending long entry triggered at 94.630, the setup also includes 2 recovery zone for long trades at 94.40 and 93.32.

Cover zone likely at 96.00, if the touches that level before NFP. If market still in sideway play, a better breakout likely will happen this Friday.

I am also scalping short trades on GBPAUD,  EURAUD.

NZD Weekly ACD Setup

Though too early to setup any trade for NZD, but with current state and correlation to other NZD pairs, it is possible for a retracement for NZD this week.

Market movement is against the NZD, with GBP is the most.

GBPNZD with last week GBP momentum, it is still very much possible to maintain that strength this week against NZD. Two weeks ago we've encountered a sideway market which shifted to a trending week last week. No ACD bias yet but likely be A-up this week.

NZDUSD H4, we are approaching a major structure @ 0.8514 below current price which near to Fibo 50% and S&R range from 0.8514 to 0.8544. Possible distributed pips will be around  59 to 80 pips below before possible bounce or break movement.

Also with W1 chart of NZDUSD, we see this:

NZDUSD W1, after a drop last week, possible to continue the retest below before a possible resume on bullish trend next week.

NZDJPY, it is likely a soft retest up at 88.24 before dropping and retest 87.17 with fib 50%, or break lower and test March 17-24 movement ACD IBL 86.35 or Fib 61% at 86.50.

NZDCAD H4, also likely to drop around 60 pips below and will test a major structure at 0.9381

Other pairs like NZDCHF, AUDNZD, EURNZD sync to the movement of pairs stated above.

Will update once ACD bias completed later NY session or early TK session.

Jason Stapleton recent video

Here's a good video from Jason Stapleton

http://www.tradeempowered.com/2618-replay/