{"id":20687,"date":"2011-04-18T03:33:46","date_gmt":"2011-04-18T07:33:46","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20687"},"modified":"2011-04-18T03:33:46","modified_gmt":"2011-04-18T07:33:46","slug":"daily-market-review-for-the-18-04-2011","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/18\/daily-market-review-for-the-18-04-2011\/","title":{"rendered":"Daily Market Review for the 18.04.2011"},"content":{"rendered":"

NZD\/USD<\/strong><\/p>\n

Time: 07:30  Rate: 0.7945<\/strong><\/p>\n

Strategy: short<\/strong><\/p>\n

Considerations: <\/strong><\/p>\n

Weekly time frame:<\/strong><\/p>\n

Wolf deviation in the indicators – potential for short in a shorter time range.<\/p>\n

As can be seen by the graph bellow: <\/a> <\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

Daily time frame:<\/strong><\/p>\n

Opening of the week on the downward graph after a continuous upward movement of 880 pips<\/p>\n

There was no third retracement in the upward movement<\/p>\n

The resistance point of the high – 0.7980 5 of November 2010 (purple line)<\/p>\n

The round resistance point – 0.8000<\/p>\n

The level of 127.2 Fibonacci in 0.8018 of the downward movement C-D<\/p>\n

As can be seen by the graph bellow:<\/a><\/strong><\/p>\n

 <\/p>\n

\"\"<\/p>\n

4 hour time frame:<\/strong><\/p>\n

Short in the breakdown of the candle’s low (black dashed line)<\/p>\n

First target the retracement area of 23.6% Fibonacci + round number 0.7800<\/p>\n

Second potential retracement target 38.2% Fibonacci 0.7670<\/p>\n

As can be seen by the graph bellow:<\/a><\/strong><\/p>\n

 <\/p>\n

\"\"<\/p>\n

Potential Trade:<\/strong><\/p>\n

Short in the candle’s low breakdown 0.7920<\/p>\n

Stop: 0.8030<\/p>\n

First target: 0.7800<\/p>\n

Second target: 0.7670<\/p>\n

AUD\/JPY<\/strong><\/p>\n

Time: 08:30  Rate:8765<\/strong><\/p>\n

Strategy: Short<\/strong><\/p>\n

Daily time frame<\/strong><\/p>\n

Considerations:    <\/strong><\/p>\n

Stop in an important Fibonacci level (161.8%)<\/p>\n

Continuous upward movement of 21% without retracement<\/p>\n

Reversal Japanese pattern called “black cloud”<\/p>\n

As of now, CC150 >100 entrance to short in the condition CC150 <100<\/p>\n

Technical retracement target (38.2% Fibonacci) 84.20<\/p>\n

As can be seen by the graph bellow:   <\/a> <\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

4 hour time frame:<\/strong><\/p>\n

CC150 < 0<\/p>\n

Enter in the breakdown of 86.85<\/p>\n

Completed pattern AB=CD to a short target 85.40 (potential D point)<\/p>\n

As can be seen by the graph bellow:<\/a><\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

Potential Trade:<\/strong><\/p>\n

Short in the breakdown 86.85 in condition CC150<100 in the daily time frame<\/p>\n

Stop over the last high (4 hour time frame)<\/p>\n

First target: 86.85<\/p>\n

Second target: 84.20  <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

RISK DISCLAIMER<\/p>\n

Forex trading<\/a> involves high risk. Before any trade<\/a>, you should consider carefully the investment<\/a> objectives and the level of risk. The data sent by mail is not necessarily real-time data or precise. Real-Forex is not liable for the losses resulting from the utilization of the data. Real-Forex (Finnocorp<\/a> Trading Solution Ltd<\/p>\n

.) is not liable for losses or damages as a result of reliance on the information provided by e-mail or on the overall data, quotes, charts, signals buy \/ sell<\/a>. It is hereby clarified that the investor must be aware of risks involved in trading in financial markets, which is a form of investment that may contain potential risks.<\/p>\n

Real-Forex<\/a> team\"\"<\/a><\/p>\n

Trade like the pro’s with a true ECN Forex broker<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NZD\/USD Time: 07:30  Rate: 0.7945 Strategy: short Considerations: Weekly time frame: Wolf deviation in the indicators – potential for short in a shorter time range. As can be seen by the graph bellow:     Daily time frame: Opening of the week on the downward graph after a continuous upward movement of 880 pips There … <\/p>\n

Continue reading “Daily Market Review for the 18.04.2011”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20687","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20687"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20687\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}