$eur is about a big decline

The euro is about to move deep decline if the count is correct, may be see a wave C or wave 3 which headed to the last low near 198. In addition, there are a bearish wedge that support bearish counting... 

2 Jul

whats a fall !!

FSLR good opportunity

buy Call jul 125 .. target is 126$

stop  loss 117.5$

25 Jun 

SL activated

dow in last stages of rally

dowjones was rallied from 9800 to recent prices  as a 2 wave, now as shown in chart, we in last stages of wave 2 unless its  over.

10250 is a critical level which its a support, i think dow should not break this level to consider a wave b of 2 ...  we need more time to make decision. 

24 Jun

nice 5 waves, i guess the wave 3 is underway and we just in begining . ( see above post for possibles count ).

25 Jun

Actually, i dont know if wave 3 begun or wave 2 still underway. i count 7 waves from high so lets see tomorrow trading. 

25 Jun

its seem diagonal pattern 

2 Jul

its was a free fall, i think dow find a support here near to neckline of head and shoulders

Kuwait stocks excahnge (KSE)

I try apply elliotte wave principle to KSE, and that what i got 

as shown above, before falling price in april, we spot a huge divergence in MACD and RSI which give a clear signal of reversal, what happen after that was a confirmation.

Now the price declined in waves either its correction waves or impulse, see above chart

what make me very puzzled is a volume!!     so i prefer a correction wave underway.

AAPL triangle trading

Nice triangle in apple chart, after penetrating the  upper resistance, the next step i guess is to confirm the penetrating by test the broken resistance near of 265$ .. lets watch

GLD (Gold trust shares)

Many divergence in indicators that tell us the trend being weaken, i guess we in last stages of bull market.

keep watching.

UAUA

watching this stock, i think its will make a good opportunity .. keep close

 

9 Jun

its was a good close, nice hammer candle formed so i will buy strike 20 Jul call 

my target near to 23$

10 Jun

iam out       profit = 45%

14 Jun

target achieved