EuroMotif

EuroMotif Mod Updated 

Just a quick thought on GU. Looks like we had a wave 3 move in US session, and perhaps wave 4 now in Asia. Lets see if London executes the wave 5 or not. Considering NFP news coming, any trades are risky right now. I am only looking for 10-20 pip scalps for rest of this week. After NFP and weekend, we might have different outlook of the USD (but I doubt it). ...

EuroMotif Mod

I see three upcoming zones of possible support for AU, shown in green. Those zones are based in Fibonacci extensions of important recent moves.

EuroMotif Mod Updated 

This is a followup to my GU shorting adventure linked below. I am expecting that the current wave down is very close to completion (or has already). Thus I have closed most of my short positions and watching for a bounce to reenter. Maybe it does not bounce, Maybe the Dollar keeps on going strong? I still have 20% of position riding a trailing stop, and will...

EuroMotif Mod Updated 

These support (green) and resistance (red) zones are defined by the Fibs of recent moves. This is posted as an experiment only, not as financial advice

EuroMotif Mod

Gold bounced a bit as market when risk-off in sentiment. But I think dont think that will last. I expect risk-on again very soon. Dollar is still strong, and paying interest which Gold does not. The red zones in my chart are possible short entry zones. The green zones are of course take profit areas. This is a follow up to my previous plan : Still looking...

EuroMotif Mod

Looks to me like UJ finished an enthusiastic 5 wave move up. I am currently short, looking to TP and then reverse back into trend. (always dangerous swimming against the current) This is a follow up to my shorting idea from few days ago:

EuroMotif Mod

Quick post for watching AU shorting op. Might have missed it already. But it might have one more feeble leg up (wave 5)

EuroMotif Mod Updated 

This is a follow up to my main short entries which started with this Idea: Once the down move started, I was taking profits and adding shorts per this plan: I am now looking for entries to add more shorts.

EuroMotif Mod Updated 

Judging by the EW count and the Fib ratios, I think the downtrend will continue I have several zones marked for possible support/target prices. Here is my ''big picture'' view And a close up of what I am hoping to see for the next leg down.

EuroMotif Mod

UJ ended last week with what looks like a ''blow off top''. And the fib extensions indicate the end of wave 3 is near. I am watching for the wave 4 retrace, and then will expect a wave 5 to continue up. I have gotten quite a few scalps in both directions so far. Check my related ideas linked below.

EuroMotif Mod Updated 

Quick scalp Idea to catch a few pips on Gap rebound

EuroMotif Mod Updated 

Quick post to see how the Fibs and EW play out. LTC is currently in a channel, some might call a 'Bear Flag' or ''Rising Channel''. I am thinking a retest of the channel bottom is inbound. If that happens, the reaction there will be quite telling.

EuroMotif Mod Updated 

I believe we are at a make-or-break level currently. The fibs and EW patterns point to one more leg down. But bulls have one last chance, if they can defend the green zone in my chart. We look to be in a wave 5 down. If so, I am looking at three target zones. I will post a bullish scenario, if the invalidation zone is surpassed.

EuroMotif Mod Updated 

Looking for a bounce at London Open to enter short again. I am hoping price will come up to one of the Red zones for entry, and Green zones as Take Profit zones. As you know, it dropped quite a bit on Friday, which I caught some of because I was looking for a short per this plan. GU showed a small bounce on Monday (to the .382 fib retrace) but started falling...

EuroMotif Mod Updated 

This is my periodic update of Support Resistance zones for this pair. See the ''Related Ideas'' links below for previous calculations. Several zones have changed since last post. There are many zones generated from consolidation zones, as one would expect. So while seems like a whole bunch of random lines, I am confident each of them will be noticed. General...

EuroMotif Mod Updated 

Interesting fib on the Nikkei, thought I 'd put it out there and see how it plays out. This post is in follow up to my larger timeframe bullish outlook for the Nikkei

EuroMotif Mod

Quick post to see how the EW and fibs play out. It seems we are in a wave 4 (corrective) after a vertical wave 3. Now waiting for the wave 5 to start, looking at possible start and end points.

EuroMotif Mod

This is a follow up to my short entry plan posted here: GU is approaching my first possible support, so posting this to watch the behavior at the Green zone. That zone of course is also a local previous low, but more importantly, that previous low lines up with important Fib resonances of the wave down. I will post updates here, or another chart if it does...