{"id":2264,"date":"2017-07-13T12:51:23","date_gmt":"2017-07-13T11:51:23","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=2264"},"modified":"2024-05-24T22:55:26","modified_gmt":"2024-05-24T21:55:26","slug":"mid-week-update-earth-sky","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/mid-week-update-earth-sky\/","title":{"rendered":"Mid Week Update – Earth and Sky"},"content":{"rendered":"

Good morning everyone<\/p>\n

Here is a mid week update for you.<\/p>\n

We had a couple of counter trades that triggered already this week<\/p>\n

1) Euro\/JPY from the WR1 pivot at 130.85 currently 100 pips up ( I warned you since Monday to look out for this one)<\/p>\n

2) GBP\/JPY from the WR1 pivot at 147.72 currently 200 pips up but this was one naughty boy as we dropped right past the long zone.<\/p>\n

3) Aussie\/JPY from the WR1 pivot at 87.22 currently 40 odd pips up but getting close now to support.<\/p>\n

AND <\/strong><\/p>\n

an Earth and Sky short set up on the USD\/CHF from the mother in law and WR1 pivot at 0.9688 \u00a0in our zone that is currently 50 odd pips up.<\/p>\n

PLUS <\/strong><\/p>\n

we hitting Earth and Sky zones now on the GBP\/Dollar…..USD\/JPY USD\/CAD so keep an eye on them too.<\/p>\n

SO NOT TO BAD….Remember these levels were called before price got to them and were the areas where we wanted to do business.<\/p>\n

AS THEY SAY – PLAN THE TRADE AND TRADE THE PLAN !!!<\/strong><\/p>\n

……………………………………………………………….<\/strong><\/p>\n

WEBINAR: <\/strong><\/p>\n

This will be the last week we join Fotis and his students for live training. Next week we will start FMP’s on a TUESDAY, straight after my\u00a0 E & S post so that we can all show you in more detail what we are looking to trade and why.<\/p>\n

……………………………………………………………….<\/strong><\/p>\n

Let`s have a look:<\/p>\n

……………………………………………………………….<\/strong><\/p>\n

1) Euro Dollar on the DAILY chart:<\/u><\/strong><\/p>\n

We made a new high without the pullback so we had to follow it with the fib to get the adjusted zone.<\/p>\n

Currently I have an\u00a0Earth and Sky long zone<\/strong>\u00a0between 1.1305 and 1.1211 with areas to keep an eye on 1.1335 and 1.3000 and 1.1254 and 1.1211 support areas where after I will re look to long this pair again.<\/p>\n

Possible counter shorts at 1.1500 and 1.1549 levels.<\/p>\n

*If we make new highs here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

……………………………………………………………….<\/strong><\/p>\n

2) Euro JPY on the 4 hour chart:<\/u><\/strong><\/p>\n

We made a new high without the pullback so we had to follow it with the fib to get the adjusted zone.<\/p>\n

Currently I have an\u00a0Earth and Sky long zone<\/strong>\u00a0between 129.43 and 128.71 with areas to keep an eye on at 129.43 and 129.00 and 128.63 support areas where after I will re look to long this pair again.<\/p>\n

* Possible counter shorts on\u00a0THE DAILY CHART<\/strong>\u00a0as we hitting the weekly and monthly 200 EMA`S plus MR1 pivot at 130.45 and 130.63 levels.*<\/p>\n

Short triggered from the WR1 pivot at 130.85 and currently 100 odd pips up.<\/em><\/strong><\/p>\n

*If we make new highs here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

\"Mid

Mid Week Update – Earth and Sky<\/p><\/div>\n

……………………………………………………………….<\/strong><\/p>\n

3) Euro GBP on the 4 hour chart :<\/u><\/strong><\/p>\n

We made a new high without the pullback so we had to follow it with the fib to get the adjusted zone.<\/p>\n

Currently I have an\u00a0Earth and Sky long zone<\/strong>\u00a0between 0.8852 and 0.8804 with areas to keep an eye on at 0.8852 and 0.8832 and 0.8821 support areas where after I will re look to long this pair again.<\/p>\n

Possible counter shorts at 0.8861 and 0.8886 levels.<\/p>\n

*If we make new highs here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

……………………………………………………………….<\/strong><\/p>\n

4) GBP Dollar on the DAILY chart:<\/u><\/strong><\/p>\n

MAIN TREND IS STILL LONG….however – last week we closed min 23 pips lower than the opening so we can’t fib the 4 hour chart for a long zone but have to fib the daily chart for the long zone.<\/p>\n

Currently I have an\u00a0Earth and Sky long zone<\/strong>\u00a0between 1.2811 and 1.2702 with areas to keep an eye on at 1.2854\/34 and 1.2772 support areas where after I will re look to long this pair again.<\/p>\n

Possible counter shorts at 1.3029 levels.<\/p>\n

*If we make new highs here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

……………………………………………………………….<\/strong><\/p>\n

5) GBP JPY on the 4 hour chart:<\/u><\/strong><\/p>\n

Possible counter shorts at 147.72 and 148.52 levels.<\/p>\n

This short triggered and we tumbled 250 pips right past the Earth and Sky long zone.<\/em><\/strong><\/p>\n

I will keep an eye on the WS2 pivot at 145.00 for possible support but I think we might go visit the 200 EMA at 144.00 where we also have a 55 EMA waiting to give support so maybe this will be an better area to look for longs.<\/p>\n

………………………………………………………………<\/strong><\/p>\n

6) Aussie Dollar on the DAILY chart:<\/u><\/strong><\/p>\n

Last week we closed min 79 pips lower than the opening but the main trend is up. That is why I had to fib the daily chart for the long zone.<\/p>\n

Currently I have an\u00a0Earth and Sky long zone<\/strong>\u00a0between 0.7542 and 0.7456 with areas to keep an eye on at the 38.2 fib at 0.7583 and 0.7570 and 0.7558 and 0.7534 support areas where after I will re look to long this pair again.<\/p>\n

Possible counter shorts at 0.7679 and 0.7715 levels<\/p>\n

*If we make new highs here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

………………………………………………………………<\/strong><\/p>\n

7) Aussie JPY on the 4 hour chart:<\/u><\/strong><\/p>\n

We made a new high without the pullback so we had to follow it with the fib to get the adjusted zone.<\/p>\n

Currently I have an\u00a0Earth and Sky long zone<\/strong>\u00a0between 86.47 and 86.07 with areas to keep an eye on at 86.44 and 86.30 and 85.90 support areas where after I will re look to long this pair again.<\/p>\n

Possible counter shorts at 87.00 and 87.22 levels<\/p>\n

This short triggered and we currently 40 odd pips up.<\/em><\/strong><\/p>\n

*If we make new highs here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

………………………………………………………………<\/strong><\/p>\n

8) Dollar JPY on the 4 hour chart:<\/u><\/strong><\/p>\n

We made a new high without the pullback so we had to follow it with the fib to get the adjusted zone.<\/p>\n

Currently I have an\u00a0Earth and Sky long zone<\/strong>\u00a0between 113.38 and 112.78 with areas to keep an eye on at 113.39 and 113.25 and 113.00 support areas where after I will re look to long this pair again.<\/p>\n

Possible counter shorts at 114.50 and 114.78 levels<\/p>\n

*If we make new highs here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

………………………………………………………………<\/strong><\/p>\n

9) Dollar CAD on the 4 hour chart:<\/u><\/strong><\/p>\n

Currently I have an\u00a0Earth and Sky short zone<\/strong>\u00a0between 1.2937 and 1.2976 with areas to keep an eye on at 1.2918 and 1.2937 and 1.2956 and 1.2977 resistance areas where after I will look to short this pair.<\/p>\n

Possible counter longs at 1.2821 and 1.2762 area.<\/p>\n

*If we make new lows here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

………………………………………………………………<\/strong><\/p>\n

10) Dollar Index on the Daily chart :<\/u><\/strong><\/p>\n

MAIN TREND IS STILL SHORT……however, last week we closed plus 37 pips higher than the opening. so we were trending up – now we need to fib the daily chart to get an short Earth and Sky zone.<\/p>\n

Currently I have an\u00a0Earth and Sky short zone<\/strong>\u00a0between 96.64 and 97.24 with areas to keep an eye on at the 96.28 and 96.64 and 96.86 and 97.13 resistance areas where after I will re look to short this index again.<\/p>\n

Possible counter longs at 95.43 and 94.72<\/p>\n

*If we make new lows here follow price with your fib to get the adjusted trading zone for the week*<\/p>\n

………………………………………………………………<\/strong><\/p>\n

11) Dollar\/CHF on the DAILY chart:<\/u><\/strong><\/p>\n

MAIN TREND IS STILL SHORT\u2026.however \u2013 last week we closed plus 49 pip higher than the opening so we can\u2019t fib the 4 hour chart for a short zone but have to fib the daily chart for the Earth and Sky short zone.<\/p>\n

Currently I have an\u00a0Earth and Sky short zone<\/strong>\u00a0between 0.9661 and 0.9716 with areas to keep an eye on 0.9689 and 0.9696 and 0.9714 resistance areas where after I will re look to short this pair again.<\/p>\n

Possible counter longs at 0.9493 and 0.9411 levels.<\/p>\n

Yesterday price touched the 4 HOUR 200 EMA and WR1 pivot at 0.9688 and gave us the short…currently 50 odd pips up. <\/em><\/strong><\/p>\n

*If we make new lows here follow price with your fib to get the adjusted trading zone for the week.*<\/em><\/p>\n

\"Mid

Mid Week Update – Earth and Sky<\/p><\/div>\n

\"Mid

Mid Week Update – Earth and Sky<\/p><\/div>\n

\u00a0<\/strong>………………………………………………………………<\/strong><\/p>\n

Happy piping !!!<\/p>\n

Pierre<\/p>\n

If you would like to learn how to trade like a professional AND receive detailed daily analysis BEFORE the event then check out our 5* rated forex mentor program, RISK FREE; by clicking on the \u201cGet Started Today\u201d Button below<\/p>\n

\"Trade<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning everyone Here is a mid week update for you. We had a couple of counter trades that triggered already this week 1) Euro\/JPY from the WR1 pivot at 130.85 currently 100 pips up ( I warned you since Monday to look out for this one) 2) GBP\/JPY from the WR1 pivot at 147.72 […]<\/p>\n","protected":false},"author":35,"featured_media":644,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/2264"}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=2264"}],"version-history":[{"count":1,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/2264\/revisions"}],"predecessor-version":[{"id":219573,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/2264\/revisions\/219573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/644"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=2264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=2264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=2264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}