Holding long until 970 and 980, splitting up position. Then Shorting 980/985 and 1000 1/3, stop 1036.28 for 1st target of 920 then 840. If price holds 920 then I'll exit there. Watch 950 there will be a large interest in shorts and bag holders looking to exit there, 200% extension + 50 fib, prior consolidation.
Stops below the last pivot low at 2044.926 for a target of 2450 previous highs. Ascending Triangle Breakout.
Using the 50Dma as a simple guide for trend, entry and exit signals. We could be in the second iteration of an upward slopping trend that takes 2 or 3 months before breaking out to new highs sometime in November or December.
What I hypothesize is the following: Clinton will win the election which will open the door to a deal with the Fed to finance very large infrastructure projects a.k.a helicopter money. This will create many jobs and importantly for the Fed and government wage increases, consumption, inflation and confidence with consumers this will be negative for USD crosses but...
Straight forward idea, break and retest of channel + trend line resistance + divergence. Stops above the prior high at 0.86311 Regards
200% Extension + 50 fib + Prior Lows + Divergence Stops above. Regards
Tweezer Top + Divergence, think inverted head and shoulders right shoulder being formed now stops above box. Regards
Going long at market, levels noted in the chart RR is about 1.5. The majority of lower time frames are all aligned for a corrective bounce + falling wedge + positive divergence. Regards
The selloff in USD is coming into key support territory. Keep and eye on these levels into today and tomorrow especially with USDJPY and the 100 psychological level. Will be looking for USD long scalps into next week with Italy, Deutsche Bank, Brexit to name a few still hanging over the markets, I see no reason to give up on the USD just yet unless the noted...
Low risk scalp. Levels Defined In Chart. Regards
We've had the breakout now we are witnessing the pullback. Watching lower time frames for basing/support entry to the 61.8%. A little better than 1-1 RR. Regards
Keep this pair on your watch list. Regards
Keep a close watch on Gold for an easy range bound play going into the Fed this week! Only entries on breakout confirmation will be taken. #PlayTheRange Regards
GBP pairs are well oversold looking for corrective EURGBP pullback from the weekly R1 Pivot resistance level with stops above. Levels defined in chart. Regards
Looking to short the next bounce, levels are all self-explanatory. Range bound play here. Regards