Friday, April 20, 2012
Wednesday, April 18, 2012
ESM12 4-18-12
The Emini S&P 500 has plotted a new Quarterly Profile within the Zone-Trader Model. The Zone-Trader Pivot within the new profile will be a crucial price level to key in on over the next few trading days. The price of the Zone-Trader Pivot is now 1383.50.
Currently the Monthly Profile has failed to confirm a bearish downtrend and is attempting to revert back to the Zone-Trader Pivot on the Monthly Profile at 1393.00. Look for buys in short, to medium term time frames.
Remember the ESM12 has to get above 1383.50 the Zone-Trader Pivot on the Quarterly Profile in order to continue up-trending and eventually reach our 1st target at 1393.00 the Zone-Trader Pivot on the Monthly Profile.
If the ESM12 cannot get above the Quarterly Profile Zone-Trader Pivot at 1383.50 then look for reversals with a target at 1367.75 the Zone-Trader Pivot on the Weekly Profile.
Wednesday, April 11, 2012
USDCHF 4-11-12
USDCHF has failed to confirm a downtrend on the Quarterly Profile suggesting a reversion move back to the Zone-Trader Pivot at .93542. Since the buy signal was generated from the failure USDCHF has traded higher and is attempting to head to the Zone-Trader Pivot on this Profile as expected.
As this trade has developed and USDCHF has traded higher in price, this cross rate was able to break back above the Zone-Trader Pivot on the Yearly Profile at .91180 and last weeks candle closed above this key price level, which is also known as the point of control.
USDCHF is suggesting it will attempt to make a bullish breakout on the Yearly profile look for the Zone-Trader Pivot at .91180 to provide support then look for buy signals on medium term charts. If the Zone-Trader Pivot on the Yearly Profile holds support at .91180 then USDCHF should be able to reach the Zone-Trader Pivot on the Quarterly Profile, which the failed confirmation of a downtrend suggested again that price is .93542.
The new Persistence Zone for this Quarter has already plotted and it is being derived by last quarter's Neutral Zone MR1 to MS1, which means the current Zone-Trader Pivot on the Quarterly Profile at .93542 is also the midpoint of this Quarter's Persistence Zone. This is super important as the Persistence Zone identifies where the fight is the greatest between the bulls and the bears and the midpoint of the PZ separates the zone between the bullish and bearish halves.
USDCHF will have to break above .93542 in order to continue an uptrend. If USDCHF can break above this key price level then it could reach .95946, or .97838 price areas
Here is screenshot of Yearly and Quarterly Profiles side by side. Yearly is on the left, and Quarterly is on the right. Good Luck
.
As this trade has developed and USDCHF has traded higher in price, this cross rate was able to break back above the Zone-Trader Pivot on the Yearly Profile at .91180 and last weeks candle closed above this key price level, which is also known as the point of control.
USDCHF is suggesting it will attempt to make a bullish breakout on the Yearly profile look for the Zone-Trader Pivot at .91180 to provide support then look for buy signals on medium term charts. If the Zone-Trader Pivot on the Yearly Profile holds support at .91180 then USDCHF should be able to reach the Zone-Trader Pivot on the Quarterly Profile, which the failed confirmation of a downtrend suggested again that price is .93542.
The new Persistence Zone for this Quarter has already plotted and it is being derived by last quarter's Neutral Zone MR1 to MS1, which means the current Zone-Trader Pivot on the Quarterly Profile at .93542 is also the midpoint of this Quarter's Persistence Zone. This is super important as the Persistence Zone identifies where the fight is the greatest between the bulls and the bears and the midpoint of the PZ separates the zone between the bullish and bearish halves.
USDCHF will have to break above .93542 in order to continue an uptrend. If USDCHF can break above this key price level then it could reach .95946, or .97838 price areas
Here is screenshot of Yearly and Quarterly Profiles side by side. Yearly is on the left, and Quarterly is on the right. Good Luck
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