Wednesday, August 25, 2010

ANF .. long term view

7Sep


althought the soaring indices in last week, The ANF didnt act the same way. Soon or later ANF will complete the H&S and it is going to fall to 30$ as I expected, stoploss is 37.7$.



Good luck




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2Sep.




After earning had released last week, the stock dropped more than 4%. Now stock makes a small consolidation which seem a flag.Meanwhile, in long term, rhe stock is forming a huge head and shoulders.


















Strategy is short or buy a PUT or even sell CALL for strike 35 OCt.

Target is 30$











Wednesday, August 18, 2010

OIH





10 Sep



updating OIH, as shown on chart, prices near to resistance and try to retest the broken trend. Ithink its time to sell oil.









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18 Aug




OIH is oil service holders and moving with oil price consistently. you could buy and sell OIH depend on you opinion of oil.

The chart of OIH shows the 2 probably pattern a ascending triangle and a bearish wedge. The third chart is a 15 min frame, it shows the bearish counting.








ascending triangle (see details on chart)








bearish wedge









bearish counting



all possible patterns or counting are need more time to confirm which direction OIH will heading.

Three reasons to short CLF





14 Sep.





CLF is about to forming a top, also on 60 chart CLF building a top broadening wedge, in addition counting shows that stock might form a last top to completing the wave.












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10 Sep





stock forms a lower higher near 78.6% fibo resistance, what is good thing on chart is a bearish engulfing pattern. this candle pattern has been formed exactly below 78.6% fibbo and touched blue upper trend of broadening wedge, that concurs with a general bearish view on stock. In addition , the gap as showing stills open and act as support.

























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31Aug




The bearish situation didnt change, every stocks shows a weak signal.












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21 Aug



Next week will be big bang :)











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17 Aug


CLF is needless to identify, common in basic material sector. technically, stock shows a good opportunity for short it or buy PUT option.





The main support is near 58$





















Monday, August 16, 2010

$WTIC ... oil continuous contract


23 sep.


There are two chart patterns are spotted. tinstone is a head and shoulders, and second is a huge flag. both Patterns are a bearish. 67 $ look like a good support.






14 Sep.





Oil completed the wave ( 2 ) as showing on chart, wave ( 3 ) might starts near from this area.











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11 Sep.



Daily chart of oil show a complex correction wave. the last rise leg about to completing, next week will be crucial.











**********

7 Sep.




OIL still in trading range movement. In EW perspective, oil moving as a correction wave, see chart. I think oil has room for advancing.






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30 Aug








Oil trading near to lower trend of rising channel as shown on chart. To predict the oil price movement I use many charts such as $WTIC, USO, OIH and some giant companies that relating to oil fields, I use all of them to get a clear view of next step of oil prices, but now as showing on chart of oil, its clearly that oil seems to retest the lower trend of channel before falling to next support near to 77$ then 66.6$.



best wishes









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18 Aug




Here a chart of OILUSD. the decline was a five waves so the oil will bounce as a correction wave either 2 or b and target is wave 4 in preceding wave.Iam interesting about USO,it reflects the oil movement.










16 Aug




$WTIC is oil prices with continuous contract, we will use it when we try to analysis the oil in general. Technically, oil still plays in uptrend channel as shown, waiting for breaking it or rebound to upper trend.





watching closely ..











Sunday, August 15, 2010

EUR/USD



13 Nov.






Will USD return back to the golden age?

























11 Sep.





There are two possibles count of eurusd, as showing on chart.





No decision is taken untill picture completed.

















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8Sep






USD forming a flat, actually it in wave c as showing. I think its good opportunity to buy it and sell near previous high.






UPDATING: target achieved








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1Sep





USD showing a good rally today. In short term I hesitate where should $ will go but in long term Iam bullish $ and bearish euro.. so lets see some chart which may gives a some signals.





first chart is a long term analysis









second is short term












currently USD forming a impulse wave














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30 Aug






Dollar shows a confuse count, its better to wait until a good signal appears.
















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17 Aug












Its clear that the decline from top of 6 Aug was a five waves as I showed in previous post. Now the EURUSD retrace as a three waves either a complete 2 wave or just A wave.







*************


15 Aug






This post is for analysis EURUSD currency, I make it in right upper part of blog to be in prominent place that anyone can see it.




So euro seem losing it strength and it is returning to follow the decline trend. the decline was as five waves, but has it finished or yet? we will find answer in following days.






( right click then open in new window to show original size)






















Monday, August 9, 2010

Fire in russia make wheat hot






I thought that drought is  only make prices of grains spike, but after what happen in russia, make me change my view, lets show wheat price and try to linking by technical analysis.



thanx to DSHORT.COM

How trading with chart pattern










In this post, Iam showing ADBE chart with  patterns that interpreting how to trade with its. I hope be useful post.



 

Sunday, August 8, 2010

AXP ... trading by candlesticks









AXP popular stock in financial sector. the next announcement in OCt. so its away of trading.

as shown in chart no need to more interpretation.


plan: buy call 43 Aug after 2 -3 hours of open  , stop loss as shown.

Friday, August 6, 2010

Problem

I discover a problem with picture which I uploaded. The problem is when press on pic., it doesn't open it or even doesn't open it in original size but smaller. I try to find out how to solve this problem ,but unfortunately , I give up after searching for 3 days, so i hope pic would  be clear in future