EURO SUMMER STOP LOSSES (12450) ARE IN THE TARGET

EURO SUMMER STOP LOSSES (12450) ARE IN THE TARGET

€ There will be no major trend in EURUSD before summer stop losses are taken. Market needs them to survive a narrow, none trending, routing pair.

On Monday, I wired that those stop losses to be taken within 24 hr, but when the mass market hits the records, followers simply follow not.

What happened instead, the pair is correcting the Opening of the NFP. So will next wave shift to those stops? 12744 will narrate the next wave.


AUDNZD a month ago the market was looking to hit the ceiling @ 12300. Reversal took us as low as 11200 where 200average hold it well.

After RBNZ stealth movement October 25, the market is running well away from bears. The bull is in control at least the next 48 trading hours. Gap is filled (11670) and a close above, nullify the bears from trading.

Slow stochastic shaping up towards O/B, indicating continuity in trend.










ForexSurvivor trades any instrument in the market from forex to futures, equities, commodities, and Oil. We are always in the market, fearless of any trend or countertrend.




You loose nothing in giving us a try since your Money is Back-Guaranteed as long as we don’t generate profit of at least 600$/month, running a 100k entry trade.





Please note that I allow max EIGHT clients per month. I don’t favor mass traders following me.

FOREXSURVIVOR.COM: DEVIANT DOLLAR ANALYSIS

FOREXSURVIVOR.COM: DEVIANT DOLLAR ANALYSIS




WHY NONY TARGETS EURO 11600 & USDJPY 12700

¥ There is nothing wrong anymore in seeing YEN spooking the weakness.

Future forex targets will be deviated from the market thinking. Analysis of the whole basket, and in a simple method, I could defend my analysis without paying attention to

ü Supports / resistances
ü High / low / closing
ü Interest rates
ü Banking decisions and their long term briefs when traders look for short terms

Starting with the yen basket, it appears that the market has no care for overbought / oversold levels and that may drag for more months, and momentum is weird.

Yen Crosses has reached new levels and would price more weaknesses till year end. The query is why USDJPY is not following to new Highs?

• TIME is the major concern. USDJPY will reach at least 12700 by year end because EURJPY/GBPJPY/NZDJPY/AUDJPY all screen highs not seen for decade.

So USDJPY will follow a screen decade to new high, ABSOLUTELY. Traders, please, pay attention to the buzz headlines, they will help the USDJPY fascinating to new lows while the fact USDJPY will form the ladder towards 12700 the least.

€ As a matter of fact, since USDJPY prerequisites determine the future target @ 12700, then euro is not going to see 13000 but rather at least 11600 if not 11200, and that would be waved hectically.

Main short term signals would be provided by passing www.forexsurvivor.com a visit.

FX/Equities/Commodities News Signal ahead of the market

FX/Equities/Commodities News Signal ahead of the market

A Prerequisite for every Trader.

As a News Tracker, you may relief your fx/equities/commodities trades through checking NonySqueak News on each session.




On 25 Sep S&P500 news was wired as:



[25 SEP] S&P is not for a bearish trend yet, and soon to take the starting fresh short cycle for at least 4 months. [28 SEP] Global Equities are Rallying.



Comment: S&P Rallied the next day from 1313 up-to-date at 1370.











On 27 Sep NZDUSD news was wired as:

[27 SEP] NZD - Topped for the next 20 days. Tunnel Correction.

Comment: from the day the news was launched, NZDUSD did not surpass the top of the 27 SEP for exact 20 days, and retraced almost 170 pips.

Reality Does Not Tell That Real Dollar Trendline Broken - MARKET SAYS IT DID

Reality Does Not Tell That Real Dollar Trendline Broken - MARKET SAYS IT DID



Market was pretty busy this week calculating the trendline of the dollar vs. majors, and they captured their confirmation along with fundamentals which did not prove right to the figures.



USDCAD, USDJPY, USDCHF broke their long term weekly upper trendline, but the REAL DOLLAR WEEKLY TRENDLINE is not broken yet.



Will the market heads for a FALSE BREAK trap? It did already. On my “NonySqueak News” I posted the followings~ [11OCT] USD Bears turned onto Sheep (passive & fearful followers of trends). Volatility returning to the fx-scene? If so, euro gains momentum to the downside -11600, USDJPY screens 12700 & USDCAD 12400 before steaming is off.



Suggesting as analysis: allow the market few weeks of chopping trades.







Ichi resistance reads 8801 & conjuncts with the downtrend line; Momentum above zero suggests heading towards the resistance line in the days ahead. However, next week data are not that supportive to the dollar. As such, I expect 8800…8450 to keep the range narrowing further.



To end, European still interested in longs but below 12450 where summer stops are to be triggered.



ForexSurvivor next move would be through USDCAD, expecting allocation 400 pips between bull and bear signals, in this month. To find out how, you may pass www.forexsurvivor.com a visit.



Have a nice trading (Next) week

GBPUSD – Who says UK will not devalue to 18312 first then nose-dive 1.8112?



ForexSurvivor Bearish Divergence of GBPUSD is getting some early messages of the upside beginning to run out of steam & now looking to decline for the next 10 weeks. However, following that we can expect the upside (19275/19343) to come under renewed pressure. It is interesting that ForexSurvivor closing juncture has been broken and now retested, where this tends to confirm the conjecture that there is beginning to be some downward pressure beginning to build up.




Rallying to the expected upside implies an expanded correction, while breaching 18532 leads to 18112. By all means 18312 will be screened shortly either from 19275/19375, or from below 18532.






Traders Chart Analysis: Looking at the chart, it is very easy to depict trend lines, and find momentum that drags on premature determination trend. But the question which remained unsolved throughout trading epoch, why such charts do not hold more than 2 or 3 days?

Comparing the feasibility of GBPUSD chart, noting momentum needs to break up the downing trend line, so to allow UK depreciation. Already, price broke down the upward trend, and momentum is below zero, suggesting a short-term low is initiated!



Traders do like such analysis coz they want to believe that they are holding on something concrete. Asking themselves, are we seeing a Bearish Divergence?



Typically bearish divergence (price will make a new high, but RSI makes a lower high) & is marked by a rising trend line above the price action and a falling trend line on the RSI indicator.



The above chart is well familiar by every trader, so does the market allow such mass winners? Fundamentals will provide the answer, but it would be always either priced in or to be priced in after 2/3 weeks.

What might happen with traders?

• If the market levels to the upward trendline, traders sell with a stop loss above the triangle top.


• If the market doesn’t level to the upward trendline and broke the (ichi) support line, traders rush to sell using stop loss above upward trendline. What happens is that the market doesn’t depreciate when traders psycho spur the response, so price rebounds targeting stop loss.


• Traders observe the Bearish Divergence, so they hold their shorts that start with below the upper trendline, and they add to it once top upward trendline is priced. So they expand their stop losses range above that top. The market well aware of such trading, and only to find out that breaking and closing above the top triangle is created. Positions are closed, after few days of narrow consolidation, reports show on with a FALSE BREAK image. By then, traders are cursing their trades and wishing only a say “I wish”.

*** The whole above explanations show GBPUSD as bearish routing, but in the next 2 weeks, ForexSurvivor >signals are to be issued as Bullish. To know more about the GBPUSD routing in the next 2 weeks, you may pass www.forexsurvivor.com a visit.

GBPUSD – Who says UK will not devalue to 18312 first then nose-dive 1.8112?



ForexSurvivor Bearish Divergence of GBPUSD is getting some early messages of the upside beginning to run out of steam & now looking to decline for the next 10 weeks. However, following that we can expect the upside (19275/19343) to come under renewed pressure. It is interesting that ForexSurvivor closing juncture has been broken and now retested, where this tends to confirm the conjecture that there is beginning to be some downward pressure beginning to build up.




Rallying to the expected upside implies an expanded correction, while breaching 18532 leads to 18112. By all means 18312 will be screened shortly either from 19275/19375, or from below 18532.






Traders Chart Analysis: Looking at the chart, it is very easy to depict trend lines, and find momentum that drags on premature determination trend. But the question which remained unsolved throughout trading epoch, why such charts do not hold more than 2 or 3 days?

Comparing the feasibility of GBPUSD chart, noting momentum needs to break up the downing trend line, so to allow UK depreciation. Already, price broke down the upward trend, and momentum is below zero, suggesting a short-term low is initiated!



Traders do like such analysis coz they want to believe that they are holding on something concrete. Asking themselves, are we seeing a Bearish Divergence?



Typically bearish divergence (price will make a new high, but RSI makes a lower high) & is marked by a rising trend line above the price action and a falling trend line on the RSI indicator.



The above chart is well familiar by every trader, so does the market allow such mass winners? Fundamentals will provide the answer, but it would be always either priced in or to be priced in after 2/3 weeks.

What might happen with traders?

• If the market levels to the upward trendline, traders sell with a stop loss above the triangle top.


• If the market doesn’t level to the upward trendline and broke the (ichi) support line, traders rush to sell using stop loss above upward trendline. What happens is that the market doesn’t depreciate when traders psycho spur the response, so price rebounds targeting stop loss.


• Traders observe the Bearish Divergence, so they hold their shorts that start with below the upper trendline, and they add to it once top upward trendline is priced. So they expand their stop losses range above that top. The market well aware of such trading, and only to find out that breaking and closing above the top triangle is created. Positions are closed, after few days of narrow consolidation, reports show on with a FALSE BREAK image. By then, traders are cursing their trades and wishing only a say “I wish”.

*** The whole above explanations show GBPUSD as bearish routing, but in the next 2 weeks, ForexSurvivor >signals are to be issued as Bullish. To know more about the GBPUSD routing in the next 2 weeks, you may pass www.forexsurvivor.com a visit.

EURUSD TRADING HAS BEEN CONFINED TO A NARROW BAND




The boundary of the European is about to expand to 17 nations while its main security is just walling between 12900 and 12700 since June 2006, and up to date (Sep 2006).

Such squeezing market is at high risk as we are approaching the end of the year where books squaring and thin markets are likely to exacerbate moves.

Traders may have been given up such currency with that confined levels within those 4 months, and the more this is valid, the more the likelihood a big move is on the run in Q4.









This is the type of the trade that will have a non-stop trending routing till mid January 2007. Beware not falling in the concept false breakout, as there won’t be any. Narrow stop-losses will eat well the trading accounts, as movements will be tiny & slow pace. Your trade will run well if you are positive by 12 November.




Concrete www.forexsurvivor.com 2000 pips for Q4




Short term EURUSD trading signal analysis is available on joining www.forexsurvivor.com with a solid expectation of no less than 2000 pips in 4 months, starting 02 October 2006, using ForexSurvivor instrumentals signals.