failathon

failathon Updated 

Looking for some upside love with AUD/JPY to 84.00-84.349 based on support from early 2017.

failathon

Looking for breakout to 3.00 - Monthly does not look great however. If it continues up, great, but I'll be a bit more hypersensitive when it gets close to that area.

failathon Updated 

Test account (Robinhood) - looking at a breakout to the upside with SNAP

failathon Updated 

Lot of tension going back and forth - zooming out for a 40,000ft view, are we setting up for a nasty DXY spike up? Looking to go long USD pairs.

failathon Updated 

Good entry @ 1.18637, and a retrace to 50% fib But now we need to let it run and watch for reaction at 1.16775 Looking more complex, not much data out this week - so likely this is going to grind for a week or so.. #patience Arrows are not a prediction, but more setting self-expectation nothing ever falls that sharply - there's always some back 'n forth

failathon Updated 

Down to 0.692 Posting for diary, no details here, sorry.

failathon Updated 

Appears to be struggling on 4hr & overextended on RSIs My concern is how it's going to look on the way down.. if we see heavy support at 38.2%, then EU is going to continue to be bullish - if it falls through that then the short can remain. Putting in a short and we'll see how it develops...

failathon

Bit of a ride with the USD lately, but with USDCAD now taking direction more from DXY/USDOLLAR than from OIL, this helps me understand whether there's only scalping opportunities ahead or if there's a more complex short coming up. Looking to a re-test of 12500-12510 (USDOLLAR) before we see what's next on the agenda.

failathon

Seems to be a regular pattern of fake outs setting major trends on 4hr chart with USDCAD note the highlighted areas forming a new high/testing highs, then a sharp reversal. Current position also appears to be similar with 1.312 as a major support line Will continue doing more research...

failathon Updated 

May have entered this a little bit too early, but looking for a nice 7:1 RR here If we clear 1.24, I'd look to re-add around the 1.24-1.236 mark just to be clear of P & the triangle bottom

failathon Updated 

Enter 125.78 short, SL 125.91 TP1 125.404 And if it happens to go further.. then 2nd TP 124

failathon Updated 

Favouring a short opportunity down to 0.72 territory over the coming week or so SL 0.75481 Tried to short this before, but missed the triangle on the Daily and got burnt. #lessonslearnt... this looks like a better entry point now though

failathon

Aiming for a big drop here, maybe a week or so to unravel SL 0.75481 Entry is OK.. got burnt trying to enter a little bit lower because I missed the triangle on the Daily chart. #lessonslearnt

failathon Updated 

Can we fill the gap? Watch re-test of 1.31-1.32485 Am favouring an opportunity to LONG up to 1.36 (TP1), 1.40 (TP2)

failathon Updated 

Daily and 1hr are showing resistance at S1 / 1.10825 Small short now with SL at 1.10966 TP1 1.095 TP2 1.08515

failathon

Not going to fight it any longer. Bit scrappy, but time to look at 2100 as a target. Going long, then we'll see how it resolves itself after 2100 (bounce off 2065? or drop and head to 1975) Ideas charted off Daily - so looking at a 2-3 weeks of action here I guess

failathon Updated 

You're not fooling anyone if you haven't thought about shorting the S&P500. And that in itself is a good reason to not want to jump in now. Then the charts show while it's kissing R1 on Daily, this engine has not yet run out of steam and we could see some shorts burnt out before it truly decides it wants to go south. Any scalping is risky, even if 3-5min on...

failathon Updated 

Was originally expecting this pair to fall below 110.958 - action seems to suggest on daily that it's formed enough of a bottom. But it does require the bulls to step in. This is a riskier trade than AU/EU/GU - so tiny parcel here, but I think it's a good time to get in.