SB Forex

EUR/GBP

SB Stocks Founder — Sun, 28 Nov 2010 21:37:56 +0000

AUDCAD

SB Stocks Founder — Sun, 28 Nov 2010 00:27:20 +0000

EURUSD Bullish rally this Week

SB Stocks Founder — Sat, 23 Oct 2010 21:45:31 +0000

Daily EURUSD Chart.

Momentum:

Daily (21) DTosc Bearish
60M (34) DTosc Bullish OS

Pattern:
privious ABC correction witch started on October 15th 1.4159 has finished on October the 20th low 1.3698 by taking wave A low 1.3831. Potential current correction abc W2orB is @ RET 50% target from previous low 1.3698 to high 1.4050, and W2orB:c is completed as well.

Price:
W2orb is @ RET 50% W1orA. W2orB:C @ APP .618 W2orB:A (bad Geometry)

Conclusion:
Though 60M DTosc is bullish OS (Buy Signal) the Daily DTosc is still bearish. witch indecate that the current trend is down with short term sideway move. as per the price i dont like wave 2orb:c terminal.

Plan:
Stay a side till Daily (21)DTosc show bullish reversal. or at least W2orb:c shows strong price geometry.

60M EURUSD Chart

EUR/USD update

SB Stocks Founder — Wed, 20 Oct 2010 11:57:11 +0000

Momentum: (21)Daily DTosc Bearish

(34)60M DTosc BearishOS

Pattern: On daily chart the pair potentially has completed 3 wave pattern 1orA, 2orC and 3orC , buy taking out previous bar low a confirmation for Dark Cloud Reversal pattern is in place to signal trend reversal.

Price: On daily chart price stopped at potential W 3orC expected target.On 60 minute chart taking out October 16th low is a confirmation for W:5.5 Completion.

Conclusion: The Dollar is in a position for Short, as all evidence above are showing high potential for trend reversal for the following days.

Action: looking for the first bull back to open short position, stops 1 pip above previous nigh at 1.4159 1st target @ October 12 1.3776, 2nd target @ 50% Ret 1.3374 Witch is 700 pips

EURUSD Potential Market Reversal and 700 pips on the way

SB Stocks Founder — Tue, 19 Oct 2010 05:32:51 +0000

(21)Daily DTosc Bearish

(34)60M DTosc BearishOS

Price: On daily chart price stopped at potential W 3orC expected target.On 60 minute chart taking out October 16th low is a confirmation for W:5.5 Completion.

Conclusion: The Dollar is in a position for Short, as all evidence above are showing high potential for trend reversal for the following days.

Action: looking for the first bull back to open short position, stops 1 pip above previous nigh at 1.4159 1st target @ October 12 1.3776, 2nd target @ 50% Ret 1.3374 Witch is 700 pips

EURUSD 60 m CHART

EURUSD 60 M CHART

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AUDUSD: shot term counter trend trade. (flow up)

SB Stocks Founder — Mon, 15 Feb 2010 12:46:27 +0000

Just to flow on AUDUSD pair short setup, as it may appear the pair just made a clear abc witch is typical for W. A flowing 5 wave impulsive move, if AUDUSD break W.B.b low a confirmation to sell this market will be in place.

AUDUSD 60M Chart

AUDUSD 15M Chart

AUDUSD: shot term counter trend trade.

SB Stocks Founder — Sat, 13 Feb 2010 12:35:24 +0000

SETUP:

(21)Daily DTosc Bullish
(34)60M DTosc BullishOB
Pattern: 5wave rally up, W.5:5 is completed.
Price: 5Fib10 high @ 38.2% Ret | W.5:5 @ 161.8% W4 Ex , 61.8% W.1-3 APP

CONCLUSION: sell-stop for a short position one tick below previous swing low on 60M
Place initial protective stop on tick below previous High.

AUDUSD 1H CHART

AUDUSD 15M CHART