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Panagiotis Diamantopoulos
This is why GBPUSD is turned today. Setup 1HR chart GBPUSD Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) 1. Hit 4HR Fib Area...
Panagiotis Diamantopoulos
Setup 4HR chart GBPJPY Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) This is why GBPJPY turned up 1. Hit Support Level from Weekly chart ( on 34.6 Speed Index) 2...
Panagiotis Diamantopoulos
Let's read our waves with Speed Index: We have been downtrending for a while. 1. We have reached Monthly / Weekly 61.8 Fib 2. First Push up with a High Speed Index of 25.3 3. False Brake on the Fib Area and then a huge move up - Is that strength or weakness ? The answer is "Don't know yet...
Panagiotis Diamantopoulos
I will use the USDJPY example from a previous post. Chart has setup of Weis Pip Wave and Weis Wave with Alert of Autowaves with Sensitivity 12 to get the details. Reading our waves with Speed Index from Left To Right. 1...
Panagiotis Diamantopoulos
Is this the fist Push Down or is it accumulation and it break up Resistance? 1. 1st High Volume Down Volume after three days - with not the respective move and High Speed Index of 9.7...
Panagiotis Diamantopoulos
Reading our waves we forecast the USDJPY should go down -wait for it to break support. 1. Multiple hits on Resistance 2. High Speed Index 15.1 with high Volume bar - News Time 3. First push down with High Speed Index of 33.5 Finally the last up waves have Higher Speed Index ( 7.8, 7...
Panagiotis Diamantopoulos
It does not get any easier than that, read your waves together with the Speed Index and you will not lose. The Speed Index is alerting us of what is going to happen. Set alerts on volume waves and Speed Index and stop looking at your screen, they will notify you when the time comes. 1...
Panagiotis Diamantopoulos
These are the reasons that AUDJPY has a possibity to turn down or at least retrace: 1. Decreasing up volume waves 2. Hit Resistance 3. False Break on Resistance level 4. Hard time to go up to hit Resistance again which also happens to be a Fib - High Speed Index of 17.1 on Fib hit...
Panagiotis Diamantopoulos
It does not get any easier than that to identify why GBPUSD exploded up. 1. Support comming from Daily 2. Enormous down volume wave without the respective Pip move - High Speed Index of 58.9 (nothing like that on the recent previous down waves). ***Don't forget to "Like" this post if you like***...
Panagiotis Diamantopoulos
AUDCHF - Story 1. We have broken down a range with volume and found support on a previous support which also happens to be a Fib 2. We are going up with High Volume but not the respective pip move 3. Fib ahead 4. Another Fib a bit higher from 3...
Panagiotis Diamantopoulos
These are the reasons why EJ should go down. 1. Hit the Fib area with a false break on 61.8 with a very fast move Low Speed index of 6.1 2. The way to the Fib was not that easy - Speed Index of 26.6 3. First Push down with volume and a High Speed Index of 27.6 4. High Speed Index of 36...
Panagiotis Diamantopoulos
AU - This is why AU broke support. 1. First down wave with high volume at top after a false break of resistance 2. Easy down move on US news on Friday with down volume 3. Enormous up volume but without the respective pip move with 4. High Speed Index of 30...
Panagiotis Diamantopoulos
High Impact News:USD Change in Non-farm Payrolls (JUN) - Forecast: Is USD going to strengthen more? If we have read our waves properly it looks like USD will strengthen. I will explain on this post with later charts after the news...
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Panagiotis Diamantopoulos
Is USDCAD Ready to turn Bullish? Let's read our waves. Hit Resistance coming from Daily...
Panagiotis Diamantopoulos
Four Reasons why NZD will probably move up to Resistance Level. Hit the Fib...
Panagiotis Diamantopoulos
Is EG keep going down? The Forecast is yes, let's read the market: 1. We have hit resistance four times 2. We have hit Support and Fib but with high down volumes 3. High Down volumes 4. Very High Down Volume wave...
Panagiotis Diamantopoulos
Is AUDCHF ready to go down? Let's read our waves. First down wave with significant volume...
Panagiotis Diamantopoulos
Is AUDJPY ready to turn down or at least retrace? Let's read the market: 1. Found resistance and started ranging between support and resistance 2. Many High Speed Index on the up waves 29.3, 44.6 , 23.5, 35.6. Enter short only if it breaks support...
Panagiotis Diamantopoulos
4 Reasons why EG should go down: Resistance...
Panagiotis Diamantopoulos
This is why EJ went up today: Very High Volume Up Wave - some retracement expected...