DYSWIS

DYSWIS Updated 

USDJPY 30m . . . thinner volumes until everyone is back at their desks may exaggerate moves this week. Here's a 30m chart and already we have hit the top T-line with 5 day AvDaRa at 90 points also being taken out. The 5 day AvDaRa is catching up from the holiday season so isn't the perfect reflection of things just yet. Temporarily out here as any spike could just...

DYSWIS

I was hoping for a slightly bigger dip but she had good SUPPORT at the previous LOWS (yellow circles) to give her another boost. My next intraday targets are 119.5/120 (yellow block) . . . this is where PRICE has been hit the majority of times during prior historical business (look to the left) . . . if you were volume profiling, this area would be the longest...

DYSWIS

Same old, same old although I expect a little profit taking come the holidays. Here's a 60m chart . . . apart from the obvious "pennant" formation currently under way, my major levels remain the 100 weekly SMA and the 61.8 fib (red dashed) from the May '15 High to the June '16 Low. I'd be very happy for these levels (or thereabout) to be tested at some point and...

DYSWIS

Everything in her favour/favor - FED even trumped Trump this week. Where to now . . . it's a lottery . . . resistance where she's at now (is that really resistance !!) / 120 round number / previous tops . . . blah, blah, blah. Psychologically I'm thinking "end of year" is the best target and wherever she lands at that point . . . lock in those bonuses boys and...

DYSWIS

"she cannae take any more cap'n, or she'll blow" The immortal words of Scotty from Star Trek . . . well I think she can take a wee bit more Scotty !! PRICE powered through what I thought would be strong resistance at the yellow boxes but they did end up acting as SUPPORT for a brief pull back and a refuel on hitting the 10EMA . . . that's all it needed to get...

DYSWIS

AUDUSD still enjoying an uptick but I remain BEARISH on the pair . . . PRICE has already hit its 5D AvDaRa boundary at 70 points and there are obvious headwinds with the 38.2% retrace, both channels and former LOWS to the left. There have been scalping against the trend opportunities when PRICE pushed above the 100/200SMA 60m (blue and green lines) with the...

DYSWIS

Scratching around for ideas this morning . . . nothing blindingly obvious staring at me :( AUDUSD is still in a down trend even though it's having an uptick these last couple of days. PRICE is targetting the 200SMA (green line) but there is plenty of resistance stacking in that area with the 38% FIB and the 5day AvDaRa at 80 points and finally the RESISTANCE from...

DYSWIS

I was out 30+- points above at the bunching of the 100/200SMA on the 30m as stated in my linked GBP post but it just goes to show how these targets are seen by everyone . . . DYSWIS . . . "do you see what I see" I'm not clever by any means . . . my cleverest attribute is in not being clever . . . 100/200 SMA - FIBS - 5D AvDaRa - trendlines and layering the same...

DYSWIS Updated 

Since yesterday's boost, I've updated my trend lines and all looks well. I'm still in the SHORT camp but all currencies and DXY are at perceived extremes (until there is a new perception perhaps), so I expect there to be some fighting between BULLS and BEARS. The charts still give a SHORT bias but GBPUSD is at an inflection point either going to break from the...

DYSWIS

USDJPY finally hits the bigger target at at the 50% retrace FIB and the 161.8% extension from the ZIG-ZAG H/L (black line). Got to say I've gone NEUTRAL to SHORT now expecting a correction in the near future. There is still one potential target above at the 61.8 retrace but I think that's too far without a correction first. First simple targets are just to come...

DYSWIS

NEUTRAL to SHORT DYSWIS . . . Yes I'm sure everyone sees what I see on the dailies . . . I guess a lot of retail traders are entering on the BUY side now and I hope they all get lucky. Economically nothing has changed, PRICE has just hit a line. PRICE is a mile away from the 100SMA . . . that's good and bad as it will act as a magnet at some point . . . it has...

DYSWIS Updated 

1. USDGBP is on a long term down trend . . . can't argue that one. 2. Short term (30m) also shouts down trend. 3. PRICE below the 100SMA and pointing downward - I know there have been upticks and that's what I'm looking for !! 4. I am a SELLER at the moment looking for pull backs to SELL again Friday gone - PRICE pulls back to 100SMA and rejects . . . moving to...

DYSWIS Updated 

BUY on meaningful pull backs I advised yesterday and here is the picture of a MEANINGFUL pull back. It's far easier to see the ENTRY point on the 5m but I'm not permitted to post short time frames on the main board so I'll just try and show it on the 30m instead. Don't forget I was looking for BUYS only on this pair (I've been a BULL since the end of...

DYSWIS

Seems the Asian markets were confident to take it higher . . . I read through a few posts across the boards last night and was surprised to see so many people advocating "SELL SELL" . . . since I joined and read the first "SELL" recomendations it's 700+ points up and as much as people want to will it down, the TREND is in charge and not the individual, so always...

DYSWIS Updated 

Well not even moderate good news out of the US and Yellen stating that a USD hike could be appropriate relatively soon is moving the USD much . . . what does it take I wonder ? Trouble is we are at extremes at the moment and traders around the world are just like everybody else, they need a lead to follow. There are some set params here on the chart though and...

DYSWIS Updated 

Chart USDJPY 30m . . . the first of my "layer cake" time frames once I see the big picture from the dailies. Up or Down . . . well we're obviously going up, so you'd be a brave man/woman to trade against the trend right now even if you think we're about to get a pull back, so really it's understanding where to BUY back in rather than scalping against the trend....

DYSWIS

This will become an irritating little so and so if it doesn't break soon . . . the longer the BULLS can keep the BEARS at bay, the more chance the BEARS will give up and roll over. .85672+- being rigorously defended atm. Some belting retail figures out for the UK this morning but it's like everyone has fallen asleep !! Markers of 100 and 200 on the charts as...

DYSWIS Updated 

I would wager lots of people see what I see with PRICE at extremes, so no surprise BULLS are thinking twice about moving it higher just yet. Doesn't mean the move is over by any means but like everything in life we have been conditioned to want discount before buying . . . hence FIBS although I believe 1/4 and 1/3 and 1/2 are just as pertinent. The daily candle...