cooney_s

cooney_s

Here I was working on some time expiration detail on the Aussie Yen. We have an obvious trend change coming due in the next bar or two(next week). Price is about to converge on the 1.618 lower pitchfork deviation barrier along with a Fib Time Expansion expiration of 6.18.

cooney_s

This could be the wrong way to use these tools. This is my first opportunity to put them to use. Feedback is welcomed. Two Volume Profiles at work. One Fixed Range from October 16,2014 through December 7, 2014. I then drew a Fib on the 70% Value Area to determine the 50% Fib balance point. Dark blue line from far left of screen is the Fixed Range POC. Sky...

cooney_s

This may become my new favorite base currency to trade after the NFA has made margin requirements alterations. I like trading with the cheaper base pairs to keep my capital at risk as affordable as possible. At least that is how I see it. If USD bullish sentiment continues I see the Kiwi continuing down to the 7261 level by the end of the month. I will be...

cooney_s

Please see chart notation regarding the notice from FXCM and client accounts. Margin requirement increase taking place effective 4pm EST.

cooney_s

Here I present to the TV community a great tool brought to us by Ricardo Santos, a fantastic coder whose work I greatly appreciate. He has recently shared with TV the Murrey Math Lines/Channel indicator. This is a manner in which i have implemented using the tool in a MTF fashion in conjunction with Fib Time extensions. Plenty of chart notations to see. I like...

cooney_s

Price is finding a solid barrier to overcome before any further bullish price behavior can continue. The last six hourly price bars have not overcome it. Either we will see the more bulls come into the market and push beyond this and price will shoot up quickly for a few bars OR price cannot withstand the barrier, too much time will have elapsed and bulls will...

cooney_s

Yen is seeking bullish suppoert by seeking the 117.92 level. This level will help define the price action for next week. Bouncing off this line will be bullish, breaking the level will be bearish. Please refresh chart periodically through the month of January.

cooney_s

Arbitrary Price Pivot indicator at work. This is based on opening price of 1.1620 @ 830 am EST.

cooney_s

Another rate cut !

cooney_s

1.1583 is support, breakout towards targets of 1.1623 and 1.1637

cooney_s

Today's Recurrent Price Level for this pair. Aplogies for not discovering it earlier as have not traded this pair due to its high spread. Perhaps that will need to change because of the volatility this pair will be offering. With the big help of Jurij's Transient Zones indicator, we can trade back to the Recurrent Price Level.

cooney_s

Pitchfork drawn on The Larks Laguerre Moving Average swing points. See how well this tool works?! Price gapped down a large amount and found support on the downward swinging pitchfork.

cooney_s

Bitcoin Daily candles are forming a base for the remainder of the year is my gut reading. Price remaining within the range of $397 to the topside and $346 on the bottomside will formulate strong foundation for bullish behavior after the New year. I believe the basing will consume the time through December 25/ end of year. I see an extremely strong point of...

cooney_s

This pair has finally escaped the downward pressure from the price action created in January of this year. Price has surpassed the 7.0 deviation which is a very strong point for change in trend as is 14. This chart may be a little intimidating but it is offered us some great information. The energy that was released by escaping this element of time from the...

cooney_s

Question is which way. Daily price action this week has found itself extended past a Fib level of 2.618, yet bouncing off the 3.14 (Pi) level AND past a very strong point of magnetic force, both pitchforks 2.618 deviations have already crossed and it appears price is trying to respond by changing its trend. So it is trapped and basically waiting for direction. ...

cooney_s

The Kiwi Dollar is struggling with the 2.618 fib retrace drawn from July's price action ( .7857). This is a very strong level which will decide if this pair will continue much further to the bearish side reaching the fib level of 5.0 or will attemp a retrace back into the area of 0.8184 or even further of .8370. Watch the Least Square Moving Averages which are...

cooney_s

I see the price action of Gold continuing to compressing through the remainder of 2014. I am testing a method of so called magnetic points by creating a grid. According to this chart as gold remains under 1247 there are several points of interest to monitor. Price appears to complete compression by December 15/16 where we could see a strong move to either side....

cooney_s

See chart notations, 3 possible bearish targets should market allow selling. Large opening gap marked with yellow ellipse is a high probability target, look for future breaks of trend lines marked on chart which would be earliest signs of bearish bias.