whatthefx

whatthefx

Editing buy target to 140.80 Editing Sell Limit to 141 Stop 141.60 Target 132 Update on linked idea.

whatthefx

Buying 139.59 Stop 139.31 Target 140.46 Sell Limit 140.55 Stop 140.78 Target 132 This has played out differently from initial projection, spiking low to complete 5 legs down. A larger ABC correction may now come, running back up to spike out the initial entry level. Previous pending order to sell cancelled. Replaced with current pending sell. See...

whatthefx

Buying GBPJPY 139.71 Stop 139.62 Target 140.17 Sell limit 140.25 Stop 140.57 Target 132 GBPJPY pinged the 140.50 entry and fell 100 pips directly from that. See linked idea. Now looking for a pull back of that move to reload for bigger sell. Buying to hedge running profits.

whatthefx

Selling GBPJPY 140.50 Stop 140.77 Target 132 Previous buy limits did not fill, and are being deleted. We are now at the end of a possible retrace cycle, and there may be another leg down and this time the support may break. If stopped out this trade, I'll look for the spike out move to sell again. See linked idea.

whatthefx

Buy limit 140.10 Stop 139.93 Target 140.90 GBPJPY has traded down to support from the sell level. I've taken profits on this now. The support looks like it may hold, and there is a better RR opportunity buying possible double bottoms for a big spike out move offers a great trade. Will look to re-establish my sells with big targets again if there is a spike...

whatthefx

Selling GBPJPY 140.80 Stop 141.18 Target 132 This has now made the big corrective swing I was looking for to set up a possible big trend leg down. See linked idea.

whatthefx

Buy Limit 140.44 Stop 140.34 Target 141.18 Stopped out previous buy. Perhaps bought a bit early. Looking for double bottom sort of move for a better risk:reward opportunity for the same general swing up. Previous trade linked.

whatthefx

BTC buy limit Buying 6,377 Stop 5075 Target 18,000 This is an asset I've not really been on the long side of before. I've twice sold the bubble top moves ($900 first time, $18,000 second time) with decent success. BTC has shown itself to be a serial bubbler - which can be more accurately described as "Strong trending". Now we have a large correction...

whatthefx

Buying GBPJPY 140.70 Stop 140.52 Target 141.15 Those who follow me in other places will know this as the trade I call the "ping swing" trade. Those who do not follow me elsewhere, I'll explain this when there is more time. Sell after the buy. Linked idea.

whatthefx

Sell limit 3134 Stop 3148 Target 2680 Daily chart completing butterfly patterns in this recent spike up in the S&P500. These appear inside far longer term big chart bearish patterns. I can not add links in here since my account is very new, but if you Google; "How 100 year S&P500 analysis warns of imminent danger whatthefx" you should be able to find my...

whatthefx

Pending sell GBPJPY Selling 141.20 Stop 141.63 Target 133.59 Same trade as based on yesterday's analysis. The move yesterday ran a bit more than anticipated and spiked out the highs. From there its began to drop again. Looking to sell the 61.8 - 76$ retrace levels. This will also complete a butterfly pattern - which I've marked in adjacent to the pattern...

whatthefx

A confluence of reversal signals appearing on TLSA. We've seen what may be the first formation of a five wave Elliot wave down, followed by two legs up. Shadowed into the background, I've also marked out how this has formed a bearish bat pattern. This could indicate there is to be a big sell on this from the 352 area.

whatthefx

GBPJPY has been down trending for a while in the larger context of things, but more recently it's been up trending aggressively. We have now traded into the 61.8% fib level, where large two leg corrections like this can end - often abruptly. Before making any big moves, the market tends to make spike out moves to either side. We should be aware of this,...

whatthefx

Selling GBPJPY 141.02 Stop 141.27 Target 134 This pair has been ranging for quite a long time relative to the recent more trending sort of price action. When we have ranges like this, we often see big strong moves on the breakouts of them. Often this is also see in both directions, with there being a strong move one way followed by a fierce reversal and move in...