Saturday, July 16, 2016

GBPUSD (18July-22July) Outlook

Weekly
Closed the week ,giving up half of the weekly gains on Friday failing to break Post-Brexit resistance @1.348xx [Range1 Upper Band].
 
Daily
Friday close below 1.3200 [Range1 Lower Band] signals weakness in Bulls.
Price may dive all the way to 1.303x or even to 1.290x.

My trading plan
Look for long only above Range1 Upper Band is broken
EP-    1.3500
TP-    1.3850-1.3900 Zone
SL-    <1 .32="" font="">






GBPNZD (18July-22July) Outlook

Weekly
Closed the week with weaker bullish engulfing bar than GBPJPY signaling a trend change to bull bias. Confirm with next week candle.

Daily
Friday close formed a pinbar (very bearish) with highest volume for the week which i guess a profit taking event coupled with rate cut possibility from BOE.
Looking at the volume and situation last friday, we could expect it will retrace to Zone1[1.825-1.835] or even further to Zone2[1.795 to 1.805] next week (before 21July/ RBNZ).

My trading plan
Look for bull signal during the above-mentioned retracement.
EP-    1.825-1.835 and 1.795 to 1.805
TP-    1.885-1.930 Zone
SL-    <1 .768="" font="">



USDJPY (18July - 22July) Outlook

Weekly
Closed the week with bullish engulfing bar signaling a trend change to bull bias.
Confirm with next week candle.

Daily
Friday close formed a pinbar with highest volume for the week which i guess a profit taking event.
Looking at the volume and situation (monitoring Abenomics rumors/news) last friday, we could expect it will retest 104.xx-103.xx zone next week.

My trading plan
Look for bull signal during the above-mentioned retracement.
EP-    103.xx-104.xx
TP-    107.xx-108.xx
SL-    <102 .xx="" font="">






USDJPY (18July - 22July) Outlook

Weekly
Closed the week with bullish engulfing bar signaling a trend change to bull bias.
Confirm with next week candle.

Daily
Friday close formed a pinbar with highest volume for the week which i guess a profit taking event.
Looking at the volume and situation (monitoring Abenomics rumors/news) last friday, we could expect it will retest 104.xx-103.xx zone next week.

My trading plan
Look for bull signal during the above-mentioned retracement.
EP-    103.xx-104.xx
TP-    107.xx-108.xx
SL-    <102 .xx="" font="">






Saturday, June 11, 2016

AUDJPY (13 JUN - 17 JUN 2016) OUTLOOK

As mentioned in earlier weeks, AUDJPY remains range bound (78.2xx - 80.5xx)
Expect to hit upper band of range next week.
I m in LONG bias for next week (TP @80.0xx & SL @ 78.2xx)
   - Break of 79.0 will definitely bring to 79.7xx to 80.0xx lvl (ref: 1H chart)


 

Saturday, May 21, 2016

USDJPY OUTLOOK (23 - 27 MAY 2016)

USDJPY rose until 110.5xx lvl and retraced..(strong resistance @ 110.5xx to 111.8xx)
I m bearish or hope for reversal based on 20May Candel formation.
Expect to retrace to 109.0xx and 108.77.

Update1 [25 May 2016] : Managed to retrace to 109.100 on 23May2016 ,but miss my target of 109.0xx lvl and rebound. Let's wait until the end of the week.

Update2 [28 May 2016] : Bounced back to 110.1xx level on 27 May 2016 upon Yellen's anticipation of June rate hike. I m still expecting of reversal to 109.6xx ->109.2xx->108.6xx as long as 110.5xx lvl is held. (i m still holding some shorts with SL @110.66)

Update3 [10 Jun 2016] : My shorts triggered. (seems) it is LOW. But it did managed to free-fall to 106.3xx lvl following BAD NFP data.




Updated chart closed on 27 May 2016

Updated Chart closed on 10 Jun 2016



Sunday, May 8, 2016

AUDJPY OUTLOOK (09 -13 May 2016)

Level to watch
Resistance
79.6xx
80.1xx
81.5xx

Update: I have closed my longs on 80.5...on 17May2016



https://www.tradingview.com/x/eHIyrKHH/

Wednesday, May 4, 2016

AUDJPY (02 - 07 May 2016)

Been ranging 79.5 to 86.5 since 18Jan.
79.1xx level to watch to break down, else may go back up to 86.5xx again





AUDJPY _ EOW Update
It just hit short term Fibo 38.3 @80.44 and sell down on friday (after RBA monetary policy statement)

I still have open position and lets see 09-13 May bring to AUDJPY..

Next immediate support @ 77.8xx . if break , it can slip to 76.1xx (Aprl 2011 lvl)

Saturday, April 9, 2016

EURCAD Outlook [11-15 APR 2016]

In my opinion, long building has started last week.
I m in LONG wagon :)

**Still holding positions...(Update 12 APR 2016)

CCTV Recorder Resolution

CIF, QCIF, 2CIF, 4CIF. Sounds like a bad nursery rhyme, right? If your eyes glaze over when you hear terms like these you are not alone. In this FAQ, we will attempt to demystify the terminology and put it into a framework that's easy to understand and use.
The table below lists some of the more commonly used resolution terms in CCTV applications. Any resolution over 1 million pixels is considered 'megapixel'. In the case of megapixel cameras, the labels are approximate. For example, a 2 megapixel camera actually captures 1,920,000 pixels per frame. A 3 megapixel camera captures 3,145,728 pixels per frame.

one more standard [Update 13Apr 2016] :1080N (960x1080)
one more standard [Update 13Apr 2016] : WD1 (960x480)

Friday, April 8, 2016

CHFJPY outlook [11-15 APR 2016]

Looks bottom on 07 APR 2016
Have few positions for long last week

**Too Slow and Closed all positions @113.6xx on 12 APR 2016