Young Ho Seo / Perfil

EURUSD Market Outlook-1 Jan 2018

EURUSD had ended with a bullish for the last week of 2017. In fact EURUSD was rather bullish with around 1500 pips gains in 2017. 1.20 acted as a strong resistance for EURUSD many times. The question is if 1.20 will be acting as the resistance again ? or Will the bullish momentum from last week will penetrate this level further.

Technically speaking 1.20 is indeed strong resistance as you can see from the screenshot. The extension of the previous two peaks ends near the 1.20 (detected using Price Breakout Pattern Scanner + Smart Renko). What to expect for our trading? Any notable penetration can tell immediately that EURUSD will likely continue its momentum because such a level often act as strong reversal indeed. In the case of reversal, we have to watch out if the reversal is purely short term correction against last week or notable bearish movement. Remember that Just like anything else, the movement of first few days in 2018 will be really important to predict for the movement of EURUSD in 2018. The technical analysis was done with Harmonic Pattern Plus, Price Breakout Pattern Scanner (Smart Renko) and Mean Reversion Supply Demand.

Wish you the great New Year for 2018.

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Happy New Year 2018 and wish for your best success in 2018

We wish Happy New Year 2018 for all forex traders. We wish for your great success in 2018 with your trading and investment. In 2018, we will be in your side to improve your profitability for your trading too. We are preparing many surprising technology for our customers. So do not forget to stay with us in 2018 too because we want to win together with our customers.

Here are the link for our website:

http://algotrading-investment.com/

https://www.mql5.com/en/users/financeengineer/seller#products

Happy New Year 2018 and wish for your best success in 2018

We wish Happy New Year 2018 for all forex traders. We wish for your great success in 2018 with your trading and investment. In 2018, we will be in your side to improve your profitability for your trading too. We are preparing many surprising technology for our customers. So do not forget to stay with us in 2018 too because we want to win together with our customers.

Here are the link for our website:

http://algotrading-investment.com/

https://www.mql5.com/en/users/financeengineer/seller#products

USDJPY Market Outlook-31 Dec 2017

Last week, USDJPY made many interesting move. The formation of Doueble Top lead USDJPY to drop around 100 pips. Having said that, the declining of the price was rather moderate for the first half. Then it accellerated faster while USD was weakening against all major currency pairs last week. We have identified a triangle using our Smart Renko Indicator (Price Breakout Pattern Scanner). USDJPY made a first reveral around the bottom of the triangle. We have also identified demand zone in H4 timeframe using our Mean Reversion Supply Demand indicator.

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Happy New Year 2018 and Get the massive 30% Discounts

We wish Happy New Year 2018 for all forex traders. In 2018, we will be in your side to improve your profitability for your trading. At the moment, we are offering massive 30% discounts to celebrate the new year 2018.

Our trading system and tools are nothing in common with other tools from other vendors becaues we develop our tools based on our own internal research with fresh brand new trading idea. Uniqueness are guaranteed for our products. These powerful trading system and strategy are currenlty in a 30% discounts period. Please do not miss to get these tools with massive discounts during this festive period. Once the discounting period ends, the price will go back to the original price.

Visit our website to view the discounts:

https://www.mql5.com/en/users/financeengineer/seller#products

http://algotrading-investment.com

USDCAD Market Outlook - 31 Dec 2017

In regards to our last analysis, USDCAD made a triple top last week (detected by Price Breakout Pattern Scanner on H4). USDCAD made a 300 pips down straight ways in last few days. That was the scary drop looking near vertical. As a results it made a daily supply zone at its third top. 28 Dec, USDCAD even crossed the neck line of the triple bottom. Last Friday, USDCAD made a sudden upwards movement about 60 pips. I think this was pretty unusual one even after quite a lot of drop. Anyway, We got to watch out the neckline as the potential resistance. At the same time, USDCAD is just 100 pips always from the daily Demand zone. In the screenshot we have outlined these two levels for your trading.

Do not forget our discounts end pretty soon. So rather hurry if you want to get the discounts.

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USDCAD Market Outlook - 31 Dec 2017

In regards to our last analysis, USDCAD made a triple top last week. USDCAD made a 300 pips down straight ways in last few days. That was the scary drop looking near vertical. As a results it made a daily supply zone at its third top. 28 Dec, USDCAD even crossed the neck line of the triple bottom. Last Friday, USDCAD made a sudden upwards movement about 60 pips. I think this was pretty unusual one even after quite a lot of drop. Anyway, We got to watch out the neckline as the potential resistance. At the same time, USDCAD is just 100 pips always from the daily Demand zone. In the screenshot we have outlined these two levels for your trading.

Do not forget our discounts end pretty soon. So rather hurry if you want to get the discounts.

https://www.mql5.com/en/users/financeengineer/seller#products

http://algotrading-investment.com/

We trade because there are regularities in the Financial Market

As a trader, we trade because there are regularities in the financial market. No one of us going to trade if the market was totally random. No, we are always looking for some thing repeating in the financial market. Our profit is merely materialization of the regularities in the financial market. We materialize them using our trading strategy. Understand the five regularities in the financial market for your trading and investment. Here is an organized picture over the five regularities in the financial market that you should know for your trading and investment. Full details about the five regularities can be found in the book "Price Action and Pattern Trading Couse" (Mastering the Fifth Regularity for the Financial trading).

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Harmonic Volatility Indicator VS Market Profile

Now I got many questions from traders, if they can have the Market Profile without developing period. What does it mean by developing period? It means that any Market Profile need to collect intra-market data to build up the statistics like Value area and control point, etc (i.e. repainting each statistics during developing period).

For this reason, we have to use Market Profile while they are developing during intraday. As it gets developed, each statistics can be changed. Obviously many traders does not like this feature of the Market Profile. To avoid the developing period, you can probably use yesterday’s Market Profile but they are lagging. So once again we prove that non repainting indicator is lagging here. If you want to deal with the real time information, repainting is not avoidable in return that you will get earlier warning (or earlier entry) too. So it is fair enough that you get earlier entry in return for hard working.

Depending on what is your purpose with Market Profile, there are some potential that harmonic volatility indicator can be used alternatively to Market Profile. For example, if your purpose of using Market Profile is monitoring the extreme volatility, then Harmonic Volatility Indicator can do the same job without the developing period. Check the screenshot for your information.

Another advanced setup might is that you can use Harmonic Volatility indicator together with Market Profile. So you have one with developing period and the other one without developing period. So there is some rooms for improving your market profile with our Harmonic Volatility Indicator.

If you want to dig deeper about the harmonic volatility indicator, do not forget to read this article as your first step:

https://algotradinginvestment.wordpress.com/2017/11/20/harmonic-volatility-line-indicator/

Harmonic Volatility Indicator is exclusively available on our website:

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Six Support and Resistance Pattern for twelve different trading setup

Here is what was added lately in our book "Price Action and Pattern Trading Course (Mastering the Fifth Regularity for the Financial Trading).

We have basically listed 6 different support and resistance patterns.


Support and resistance - Price Action - Direction

Horizontal Support - Reversal -Buy
Horizontal Support - Breakout -Sell
Horizontal Resistance - Reversal - Sell
Horizontal Resistance - Breakout - Buy


Ascending Diagonal Support- Reversal - Buy
Ascending Diagonal Support - Breakout - Sell
Ascending Diagonal Resistance - Reversal - Sell
Ascending Diagonal Resistance - Breakout - Buy
Descending Diagonal Support - Reversal - Buy
Descending Diagonal Support - Breakout- Sell
Descending Diagonal Resistance - Reversal - Sell
Descending Diagonal Resistance - Breakout - Buy

Visit our website if you need trading system and tools for the Price Action and Pattern Trading. Do not forget we are offering 30% discounts.

http://algotrading-investment.com/

https://www.mql5.com/en/users/financeengineer/seller#products

Happy New Year 2018 and Get the massive 30% Discounts

We wish Happy New Year 2018 for all forex traders. In 2018, we will be in your side to improve your profitability for your trading. At the moment, we are offering massive 30% discounts to celebrate the new year 2018.

Our trading system and tools are nothing in common with other tools from other vendors becaues we develop our tools based on our own internal research with fresh brand new trading idea. Uniqueness are guaranteed for our products. These powerful trading system and strategy are currenlty in a 30% discounts period. Please do not miss to get these tools with massive discounts during this festive period. Once the discounting period ends, the price will go back to the original price.

Visit our website to view the discounts:

https://www.mql5.com/en/users/financeengineer/seller#products

http://algotrading-investment.com

Happy New Year 2018 and Get the massive 30% Discounts

Our trading system and tools are nothing in common with other tools from other vendors becaues we develop our tools based on our own internal research with fresh brand new trading idea. Uniqueness are guaranteed for our products. These powerful trading system and strategy are currenlty in a 30% discounts period. Please do not miss to get these tools with massive discounts during this festive period. Once the discounting period ends, the price will go back to the original price.

Visit our website to view the discounts:

https://www.mql5.com/en/users/financeengineer/seller#products

http://algotrading-investment.com

EURUSD Market Outlook 2 - 29 Dec 2017

During this quiet festive time, we were able to see some momentum in Forex market. Especially USD is losing its value against all other major currency pairs. On Fridaly, the Daily Supply Zone was penetrated on EURUSD. As you know, we were talking about this daily supply zone nearly few weeks. At the moment, EURUSD gone up by nearly 60 pips. We hope that our analysis helped you a lot. We will have further analysis on EURUSD over the weekend too. So stay tuned.

For your inforamtion, we are currnelty offering 30% discounts on our technical analysis tools. Please do not miss the opportunity to get these poweful trading system in the discounted price. We are not so sure if we will continue the same discounts in January.

Here are the link for our website:

http://algotrading-investment.com/

https://www.mql5.com/en/users/financeengineer/seller#products

Fifth Regularity and Price Patterns

As we have shown in our Price Pattern Table here, we can find five distinctive regularties in the financial market. Becasue there are regularties, we trade to materialze the regularities for our profits.

https://algotradinginvestment.wordpress.com/2017/11/30/five-regularities-in-the-financial-markets/

In fact, you will find that these five regularities in above pattern are something you felt every time for your trading and investment but you might not able to express them in the organized way. Especially the fifth regularity is the underlying process behind many horizontal and diagonal price pattern used by traders. The horizontal and diagonal price pattern can include the popular price patterns like support, resistance, harmonic patterns, Elliott Wave patterns, Triangle, Wedge and Channels, etc.

It is also important to note that each regularity has the distinctive range of number of cycle periods as shown in Figure 3-5. In general, Second and Third Regularity have very few cycle periods. Fourth Regularity tends to have more cycles but the number of cycles is still finite. The number of cycles for Second, Third and Fourth Regularity can vary for different price series. Figure 3-5 only shows the conceptual representation of number of cycles for each price patterns. The Fifth Regularity can be characterized by the infinite number of cycles because the repeating patterns can have the infinitely varying scales within the price series. Therefore, it becomes very clear that we need to use different tactics when we want to deal with the Fifth Regularity.



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Price Action and Pattern Trading Course (Book)

Mastering the Fifth Regularity for the Financial Trading



Technical analysis for the financial trading and investment has nearly several hundred years of history. Traders use the technical analysis to collect the scientific evidence to find out the probable market direction and volatility for their trading. When many people spot the same thing in the financial market, I think we should take it very carefully, especially if they are based on the scientific evidence. Price action and pattern trading strategies were extensively used by many successful traders to identify the trading opportunity to profits in the market. Price action and pattern trading strategies concern less on the traditional technical indicators. However, they concern more on raw price patterns. With the recent development of many brilliant trading strategies within the price action and pattern trading, their usefulness is already beyond the expectation of many of us.

As a quantitative developer and trader, my job allows exploring nearly thousands of different trading strategies to validate and verify. Several price action and pattern trading strategies have shown me that their operating characteristics are much different from the typical momentum and mean reversion strategies. Those price action and pattern trading strategies are powerful. However, the idea behind these powerful trading strategies is poorly understood by many traders. Therefore, we decided to come up with the new concept the “Fifth Regularity” (Equilibrium Fractal-Wave process) because we were not able to encapsulate many proven trading strategies used by traders last 100 years using the existing theory.

To visualize the concept of the Fifth Regularity for trading, we had to create more comprehensive Price Pattern Table to explain those price patterns outside the trend and seasonality framework, which are the backbone of the many analysis techniques for univariate price series. We come up with the view of the five regularities to cover the most of price patterns in the financial market. Especially we have differentiate them clearly with different number of cycles. The main purpose for all this work was to communicate with traders for the potential market dynamics for your profitable trading. On the other hands, we wanted to bring the topics for the mainstream scientific research too.

This book is geared up for your practical trading. Therefore, just explaining why the strategies work is probably not sufficient for traders. This book covers many working price action and pattern trading strategies in details and with examples. Especially, the book covers the support and resistance in great depth. We cover both identification and trading for support and resistance. We provide the six support and resistance patterns with examples for the twelve different trading setup. Furthermore, we connect the concept of support and resistance to several advanced trading strategies including Harmonic Pattern, Elliott Wave, Triangle and Wedge Patterns. We use several chapters to provide you the practical guideline of the Harmonic Pattern, Elliott Wave, Triangle and Wedge Patterns for your trading.

At the latter part of this book, we have also provided some useful information towards your trading management. We provide some practical knowledge on risk management and portfolio management for your trading. Especially we highly emphasize the importance of the risk management. We tried to offer the digestible information as much as we can. In addition, many free tools are available from the website: “http://algotrading-investment.com” for free of charge. Especially, you might need the Peak Trough Analysis tool to follow some of the chapters in this book. You can freely download the Peak Trough Analysis tool from the same website above. Finally, reader should note that this book contains some strong technical language.

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EURUSD Market Outlook-29 Dec 2017

Trump's dollar is losing its strength against all major currency pairs. EURUSD made a beautiful breakout of the triangle. It also broke out the daily supply zone too. At the moment, EURUSD keep running with some bullish momentum.

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30% Discounts while it is lasting.

Our trading system and tools are nothing in common with other tools from other vendors becaues we develop our tools based on our own internal research with fresh brand new trading idea. Uniqueness and rarrity are guaranteed for our products. These powerful trading system and strategy are currenlty in a 30% discounts period. Please do not miss to get these tools with massive discounts during this festive period. Once the discounting period ends, the price will go back to the original price.

Visit our website to view the discounts:

https://www.mql5.com/en/users/financeengineer/seller#products

http://algotrading-investment.com

Updating Price Action and Pattern Trading Course Book - 29 Dec 2017

We are about to update our Price Action and Pattern Trading Course book for new version. In the new version of the book we have listed how to make the best use of support and resistance for your trading. We have added a lot of example for your practical trading. So stay tuned for further announcement.

For a mean time, if you need a powerful trading system and strategy, then do not hestiate to visit our website.

http://algotrading-investment.com/

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EURUSD Market Outlook 2-28 Dec 2017

In regards to our last analysis in EURUSD, EURUSD have just reached nearly the top of the Daily Supply Zone. Watch out the further price action for your trading.

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EURUSD Market Outlook-28 Dec 2017

So we have only few days left before the end of the year 2017. You can tell that EUR was strong in 2017 against USD overall. It seems that what matter for your trading is that if EUR will end in bullish or bearish in next few days. Here is some outlook in EURUSD. The bearish Gartley pattern did not provide the major reversal point for EURUSD. EURUSD made a beautiful breakout of the triangle detected from Smart Renko. At the moment, EURUSD gone into the heart of the daily supply zone at 1.1931. We have the US session coming soon to watch out further action of EURUSD.

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