chestephens1

chestephens1

Nas to test last weeks highs in hopes of getting back on track for 4th quarter

chestephens1

Struggling dollar vs safe haven. Gold standard to come **May test 1898.3* if test 1895 then blown trade. (can consolidate at 1920 to gain fuel for rocket) Early 4th qtr test

chestephens1

Struggling dollar vs pumping yen. **May test 105.8** if test 106 then blown trade. Early 4th qtr test

chestephens1

more sell off power from DXY will drive gold to $2000. Last month in 3rd QTR. Loss of revenue from corp America/Education/ sports/ lack of political security in hindsight of 2020 election = gold to $2020 for 2020.

chestephens1 Updated 

huge sell off pressure for UJ last week. Saw some GREAT strides by the YEN to surpass that 93.7 level on JXY. Jump to 94.6 makes it overbought ATM hence why I like UJ to buy back up to the 106.85 levels DXY also hit my 94.64 COVID breakout level and is striving to retest such if not 95.20ish. These are my 2 confirmations as well as an end of the month buy push...

chestephens1

EG has been dipping lower since Friday afternoon EURO selloff into the weekend. With more pressure upcoming from ECB and with final unemployment rate + GDP news for EURO tomorrow we could swing into this lower low. Potential h & s on 4HR TF 1 confirmation EXY and BXY both in bullish trends is a nullifier. will need USD bulls to help out with this drop as...

chestephens1 Updated 

strong DXY to end. the month may push to 109.1- 109.4 highest high

chestephens1 Updated 

dxy may have 1 last dance in a pump up to 99.19 which would bring UC back to 1.4000 levels (while watching for oil levels) I will wait until 1.3600 to enter just to be safe. this is a potential 400 pip trade. if WRONG it will dump to 1.3265 safe trading!

chestephens1 Updated 

40/60% on this make up. 40% of me thinks we test 99,19 with a last dance type of rally 60% of me thinks we are f*cked in the US and the recession is OTW by July 4, 2020. we can win on both sides however with a 99.19 test THEN the plummet. DXY has been bought by all 4 session today as the last 2 4HR candles end bullish . NFP is tomorrow as well to make...

chestephens1 Updated 

Gold took a dip today and its likely to test 1710s again before a HIGHER rally to 1750 or our beloved 1800. Gold loves to range around this 1733-1725 level ALOT so tread lightly if scalping use the $4 rule and 15 min cycle. Safe trading!

chestephens1

40/60% on this make up. 40% of me thinks we test 99,19 with a last dance type of rally 60% of me thinks we are f*cked in the US and the recession is OTW by July 4, 2020. we can win on both sides however with a 99.19 test THEN the plummet. DXY has been bought by all 4 session today as the last 2 4HR candles end bullish. NFP is tomorrow as well to make matters...

chestephens1

DXY will pump to bring this down 1.100 TP 1 1.097 TP 2 1.09352 TP3 1.090 TP 4

chestephens1

end of month dump TP 1: 116.960 TP2: 115.5

chestephens1

with the unemployment rates coming out for JPY I believe this pair will DIP down to this 116.950 levels EURO just saw a upswing with a weak DXY yesterday however I am of strong influence that EJ will sink in favor of yen safe haven. IF I am wrong I have posted the high of 121.0 which would be hit if EJ flys because of a weak YEN. YEN> USD USD was very weak...

chestephens1

When price tests 1700-1690 levels and fails to close down here it shoots itself back up as we can see then forms a consolidation flag for another bull run north. We see the initial bullish outbreak candle and may begin to see the consolidating flags in next 4 4HR candles. MA on 4HR can still show bearish trend but notice the 9EMA begin to curve UP signaling a...

chestephens1

with the plummet of today we should see a bounce back for dxy to 100+. short EU from the 1.09 levels back to 1.8500 flat or the floor of 1.79 (hopefully)

chestephens1 Updated 

Dxy pulling in bullish divergence to 100.10-40 can bring EU down major to that loving 1.082 level. FED spoke today further driving EU bearish. EU bounced off my r3 at beginning of FED speaking and looks like it wants to end its journey at s1. we are now hovering under my r1 upcoming on 11 AM EST.

chestephens1

DXY finished the daily trend moving further upward with a nice big green body candle. Minor wicks. on the Daily/ 4Hr/ 1HR timeframes DXy is floating in no mans land above r4 on my Camrilla pivot points. Dxy looks as if it wanted to try to test April's 2nd high @ 100.88. It got to 100.20 and could not push further. My 9EMA is over the 21EMA on all time frames...