I know you are sick of hearing of UJ buy but if you understand how to enter trades and limit risk you would still be trading it. dual forks. below .618... I'm going to sleep. Cheers, good luck.
Similar concept to NCAD. It has formed a diagonal. This could be where it turns, I posted this before. Still within the diagonal. London tonight into tomorrow should be good trading. NZDUSD may be a huge sell. Entering this time of day will almost always put you negative before london, but both NU and Ncad are at a point in patterns they can come down. however, NU...
Not the time of day I enter or call trades, just thought I'd share. You see Ncad broke trend line and top trend line of this diagonal it made. The place I circled was the real entry off the 1.236 extension, but possible could get some more downside here, but maybe only to that ray line a little below it. The bigger trade was dependent on it coming off the .382...
Probably another currency to pick that may be better but maybe find the weakest link with your broker and look to for TRY to drive it down....
Similar concept to EA but a little different of a pattern. I would want it to pull down a little deeper, come up and make a flag personally. I am setting up my site so I won't be watching these. Maybe you get a sell setup? who knows... I would want to see the right setup. Hard to explain. If dollar is going bullish, I think the commodity currencies will take the...
You heard me. That's all I got. 3 touches at top trend line. Looking tired. Watch for the wick out the top possibly
You might grab 30-40 pips on a london close sell scalp. This a trade on 5 min chart where divergence has come in. Very small room for risk.
You see it responding to the fork I drew. You see the 1.400 level and trend line above. Obviously the U.S. government are being dill holes and it is Sunday night Eastern standard. Looks like a flag sell setup right now on 4 hr, but I would prefer to find an entry at a different time of week. I am setting up my company so all I can really do is provide some longer...
I am not interested in selling EA again yet. Called the sell at the top, and the buy from the bottom BTW, just not in here. I expect some further correction up. I removed all my trend fibs and simplified for clearer chart. I see more downside but expect another leg up before any bearish continuation. I feel like the current pennant that it is in on 1 hr is...
This pair has huge potential to the downside, however I don't want to just hold it if it keeps going up. The cad pairs news spikes kinda disrupted their patterns, and they went sideways. The point of Ncad is it is sitting right above that 38% fib, and if you refer to my other posts or watched the video you would see what I was looking at. But if it gets driven...
EU broke barely above my sell zone and pulled back into it. I've been looking for a bigger corrective structure here. Setups on 1 hour everywhere for dollar strength, but be careful beginning of this week.
I wouldn't sell it from right here but possibly look to get in on a smaller flag for an equal leg down. Just would have to see what it does.
My bad guys, I shouldn't have posted that previous update on 15 min. I was in a hurry to get out and saw what seemed to be an obvious bull trap and I didn't want to get anyone trapped in anything, but I should have thought about it more. Regardless, time of day and being a yen pair with Cad rates tomorrow.... Eh. I hate yen pairs. I am not interested in playing...
AJ appears to want to make a further correction here. Considering wave 2 was so simple, makes sense. I don't just enter trades and hope for the best, I trade of pattern and price action, that's why you see no SL and TP. Plus it's Sunday and US government shut down makes me cautious to trade any pair and I will be looking more toward Tuesday to Wednesday for...
As of now, oversold on weekly and daily. Has a large zone it can extend into, but as of right now is looking like a classic modern day 7 swing pattern, which if completed, would bring it right to the .618 retrace of major low to major high... If you see this playing out, which looks like it will trade accordingly. These are the types of "supply and demand" trades...
Sorry for my messiness of chart. I see entry sell right now. Refer to my first Ncad post to understand the possible longer term targets. Australia opening so spreads will suck be careful.
I was doing a video on it and decided I needed to post this. This is why I said it is not the best time to for entry... You gotta know how to enter setups. My last post was not an entry signal, I was showing you the entries that happened. It can go up from there, but it can go the other way also. I would prefer waiting for another setup personally. And I don't...
UJ shot off the .618 level, which was ultimately the level I was looking to, then it gave a beautiful buy setup on 1 hr, then retraced to scare people... I would need to do a video to properly explain this, but I will try best I can. within its measurements and pattern it does have the possibility of making that lower shoulder I talked about. I have not been at my...