EuroMotif

EuroMotif Mod Updated 

For me, this is NOT a good place to buy. The move up may well be DONE at the dark green 1.618 fib. But just wondering if ETH has one more push on Sunday. Monday is US SEC news, which will probably hurt it regardless. If SEC talks about ETH being a security, expect a massive sell off. So just wondering if sell before then, or wait for one last push up....

EuroMotif Mod Updated 

I think that LTC has completed, or is very close to completing an Impulse 12345 move. So am planning by entries. I am NOT sure retrace is coming soon, but am preparing. The ''1x''. 2x, etc, are multiples I plan to buy. I ladder in numerous small orders in those zones. This NOT the Monte Carlo strategy. Only meant for accumulating. If all three order blocks...

EuroMotif Mod Updated 

Just a quick analysis of short term possibilities. Took some profits in 9800-9950 range, looking to buy back in with those profits. I am still holding for 10.4-106k per my other plan

EuroMotif Mod Updated 

This is in follow up to my previous Post about Stop Hunts. Whales have now gotten two nice meals. After having digested a nice meal from couple days ago. But there is good news in the air, more krill on the way. Goldman Sachs will trade BTC futures. Reddit accepting BTC again. Perfect media coverage to push into next batch of stops. Would not surprised to...

EuroMotif Mod Updated 

Looking for a small pullback to go long. Micro 5-wave impulse looks done. Watching for ABC correction. This is a short term look at my longer term idea published here:

EuroMotif Mod Updated 

Not much of a Gold trader here. Just a Gold holder, always looking to buy more. Just bought a little more $1301.00 :) Couldn't resist the perfect support level and Fib confluence. Hoping to see at least 1318, then higher! Will post updates as price action develops.

EuroMotif Mod

This is in followup to previous trade posted here: Took profit at 1318 on last trade. Re-entered small long at 1311 Hoping for TP1=1320, T2=1325

EuroMotif Mod

RBNZ rate statement next week. Not a good time to look for long term positions. But scalps before then might be worth considering. I am expecting a bit of a bounce for such a long down turn. Already entered small (0.1% of account) longs in the green bar. I might enter more longs when ABC looks to be completing a little below. If I get entries that survive,...

EuroMotif Mod Updated 

Possible trade plan for NEXT WEEK. (currently Friday, not a good time to enter a trade). So this is posted just to observe action on Friday and the Monday will be possible entry watch. This is based on TA only, have been out of touch with Fundamentals. Looks like UK downtrend might be turning (USD in general). First EW impulse waves have had extended wave 5's,...

EuroMotif Mod

The question of 2018: Is it a BUBBLE BURST ? or just a CORRECTION ? Observations : Using a line chart (on close) eliminates noise. BTC routinely retraces to 786 in all time frames. This correction was a typical ABC (B=A*618, C=A*2.0) Bears tried twice to push ABC to full extension. Bears still might accomplish full ext to 6,000 at most. Conclusions...

EuroMotif Mod Updated 

I have been short since a we started dropping from the top. The end of 5 orders of magnitude of wave 5's was a clear top. GU may fall for another 3-6 months straight. But for now I am mostly out of shorts, wee bit still riding to 1.36 hopefully. Thanks to the fundamentals, we might have a little more room to the down side. This is a followup to the previous...

EuroMotif Mod Updated 

RBA news coming shortly, looking for a long entry (about 30 mins after this posting) So if it just dies on the chart, don't hold that against me :) No entry yet. This would be the ideal place and time for a bounce. Would not be surprised at a stop run below 0.75 through. So I will be watching for such spike DOWN on GOOD news! Will wait for the news to seek...

EuroMotif Mod Updated 

After the massive spike/bubble, EOS is showing some consistent FIB and Elliot Wave patterns in pullback. So just throwing this out there, as $15 looks like possible long entry.

EuroMotif Mod Updated 

Am currently short, looking to TP a little above 75. Will watch the behavior at $75.00 for a possible long from there.

EuroMotif Mod Updated 

Fibs and EW pointing to possible 9k retest. Might be an ABCDE correction, meaning consolidation.

EuroMotif Mod Updated 

GBP econ news was not good. Extended down move to 3.618 extension - very bearish sign. 1.4000 psych number, plus Monthly Pivot stopped the fall. Expecting a decent bounce, even though it has not been vigorous yet. Will be looking to short at 382 retrace. Hoping to catch continuation to 1.375. Have NOT entered yet. Will be watching for the bounce and then...

EuroMotif Mod Updated 

Quick thoughts on recent price action. Shows possible thought process of whales / market makers. So for my Stop Loss settings, I ask myself: -Where are everybody else's stops? (too much of a target) -If I put my stop above/below, what happens to my Risk v Reward formula? -If I can not my stop above/below, am I just asking to LOSE that stop?

EuroMotif Mod

The top was pretty obvious, with four orders of Elliot wave 5's coming to an end. I sold most of my long up there (90%), and left trailing stop on 10% which got nailed. Elliot Waves and Fibs were a perfect guide up the mountain . Now trying to plot the retrace. In theory there should be an ABC. But to WHERE is the question. Elliot says ABC can come back about...