Welcome to the Traders Laboratory.

Traders Log Forum for EOD trade logs and feedback.

Reply
Old 04-16-2015, 06:28 PM   #9

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: High Probability Forecasts

US Oil – WTI just hit my upside target at 56 USD for a barrel. Not its an interesting level that should be monitored. Breakout above should trigger further extensions up while if rejected correction will take place.
pro4Xtrader is offline  
Reply With Quote
Old 04-16-2015, 06:29 PM   #10

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: High Probability Forecasts

NZDCHF after forming a double top has very high probability of correcting down. I think we’ll hit 0.7235 by 23rd of April… yea we could see pretty fast drop.
pro4Xtrader is offline  
Reply With Quote
Old 04-16-2015, 09:46 PM   #11

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

According to my analysis USDJPY eventually should move lower. However at the same time while the new cycle begins it could trigger a correctional move up for about 200-300 pips. Need to watch current support.

pro4Xtrader is offline  
Reply With Quote
Old 04-17-2015, 10:35 PM   #12

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: High Probability Forecasts

Interesting setup on NZDJPY.
The long term picture looks pretty bearish, while in short term pair facing no resistance, while the support has been rejected. It could be a good long trade for approximately 100 pips potential gain. Soon we’ll find out.
pro4Xtrader is offline  
Reply With Quote
Old 04-21-2015, 09:26 AM   #13

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: High Probability Forecasts

GBPUSD did break the support that implies that it will move lower eventually. However the cyclic analysis warns on the potential move higher first. So there are two trade setups, buy and sell … will be interesting to follow.
pro4Xtrader is offline  
Reply With Quote
Old 04-22-2015, 08:48 AM   #14

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: High Probability Forecasts

For now USDJPY should continue moving up towards our target at 120.20. When/if hit I’d start looking for mid/long term sell opportunities as most pairs signaling on potential weak USD and strong JPY in the next weeks/months to come.
pro4Xtrader is offline  
Reply With Quote
Old 04-22-2015, 09:21 AM   #15

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: High Probability Forecasts

Across the board AUD could be losing value, fast. This would establish trend on most AUD pairs, especially GBPAUD, EURAUD and AUDJPY. But in this particular case here is EURAUD likely scenario… quite large upside potential.
pro4Xtrader is offline  
Reply With Quote
Old 04-22-2015, 10:03 PM   #16

Join Date: Apr 2015
Posts: 190
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts

Re: High Probability Forecasts

NZDJPY just hit my downside target and closed above it. In addition a new cycle begins suggesting continuation of the trend up and potential double top before the big fall down.
pro4Xtrader is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:

Similar Threads
Thread Thread Starter Forum Replies Last Post
3 Keys for Identifying High Probability Breakouts 2ndSkiesForex Forex 0 09-07-2012 12:11 PM
Strategy from HIgh Probability Trading - Marcel Link sr100m Coding Forum 2 08-14-2010 09:05 AM
High Probability ETF Trading Book mezameo Beginners Forum 0 06-22-2009 03:59 AM
Identifying high probability trading levels Soultrader Technical Analysis 4 09-16-2006 12:15 AM
A High Probability Trading Setup Soultrader E-mini Futures Trading Laboratory 0 08-11-2006 01:33 AM

All times are GMT -4. The time now is 03:32 PM.
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.