maxw3st

maxw3st

I'd like to see this drop into the 0.63s again. I could use another contract before it heads for 0.69.

maxw3st

to go with 1/2 hr chart below. First tp at 0.69 then next low to add.

maxw3st

Will tp around 0.69 then add back after a pull-back.

maxw3st Updated 

Reversal isn't confirmed yet, but long from 0.6270. If this bull move fails it could continue down to around 0.55.

maxw3st Updated 

COT shows large specs holding their net short while Comms have been rolling out of their long by using small spec buyers. As is the move could continue down to the 0.70 level, or Comms could take advantage and instigate another short squeeze at any point from here.

maxw3st Updated 

Could play out the inverted HnS, but the odds are low in a downtrend. Could also continue down to Sept. 2020 support around 1.1650.

maxw3st Updated 

AU either continues up over 0.7320 or we'll see 0.71 shortly. Strong move up off the low, but it needs to keep going over previous highs.

maxw3st Updated 

AU ran up over 300 pips in 3 weeks on the sentiment that the RBA would be tapering its bond purchases in the near term. At the rate decision of Sept 7 Lowe states that bond purchases at 4 billion per week will continue until "at least" Feb. 2022. The statement also repeats previous statements that there will be no rate increases until 2024 contingent upon a...

maxw3st Updated 

The pair traded for about 17 days in the 1.80 range this year (including the spike into the high 1.90s). It should be easier for the pair to move back up there again. I won't short the top of the range, but wait for spikes above it.

maxw3st Updated 

DXY is playing out an optimal trade entry (ICT OTE) pattern on the hourly. It completed one earlier in the day on the 15 min.

maxw3st Updated 

GJ has failed to close below the 5/8 line 7 times now. This makes its current price an extended retrace down from the high. It could continue down and finish the current little wave, or reverse and turn higher. Early action this coming week should make it clear.

maxw3st Updated 

AU needs to break below the 5/8 line, or it's just in an extended retrace from the high and could resume upwards anytime.

maxw3st

This is what ICT calls "the Judas swing". It often takes place, with any FX pair, during the London and NY sessions. See ICT for more.