EuroMotif

EuroMotif Mod Updated 

EU got a nice bounce from Powell's comments. But the downtrend is undeniable, just needs a retrace. I am watching the three red zones for possible short entries. I have been short since early April, based on this original plan: I then fine tuned the fibs and ew to this plan: In that bigger picture, I am thinking wave 5 down might be done, so we are getting...

EuroMotif Mod Updated 

The SEC rejected another 9 ETF's a few hours ago. Some of these ETF's were based on the BTC futures, not spot markets. Yet the SEC rejected them, citing lack of volume in futures markets. There is still at least one more proposal (from CBOE) to be decided. SEC's latest statements make it appear unlikely to approve that ETF as well. BUT, the CBOE is the whale of...

EuroMotif Mod Updated 

Looking for a shorting opportunity. Looks like we still have a wave 5 up to go. Hopefully London Open will provide an entry op. The grey zones on chart are from my Support Resistance analysis posted on July 11th:

EuroMotif Mod Updated 

Gold has clearly been in downtrend, and Dollar is ripper strong. I have been scalping Gold shorts all week. Watching two zones for next possible short entry. Will update as price moves.

EuroMotif Mod

Just a quick thought based on EW and Fibs. If price breaks above 56.96 (the red .382), then ew count is INVALID. If price breaks below 55.63 (the red .236), then ew count is VALID. Will update as price moves.

EuroMotif Mod Updated 

I have been building EU short position since early April 2018. Trying to add upon each good bounce, hoping to ride down to 1.07 by end of year. The Grey zones on the chart are from my Fibonacci Support and Resistance analysis as for July 1st 2018

EuroMotif Mod Updated 

Risk vs Reward is too good of an opportunity. The grey zones are from my Fibonacci Support Resistance analysis posted over a month ago but still holding:

EuroMotif Mod Updated 

Just a quick Idea to see if the EW count and Fibs behave as one might expect. The Blue path would be a very bullish sign. The Red path would be maximum retrace to remain Bull. The grey zones in chart are from my Fib Support Resistance analysis, posted about 3 weeks ago: The Green fib extensions are from second impulse up from $5950 bottom expected in this Idea:

EuroMotif Mod Updated 

There seems to have been two impulse waves down from the 8500 area. Each impulse caused ripples that are well defined by the Fib Extension Ratios. 5,950 (about) is where important extensions of both fibs align. Not calling that the bottom, but watching it for a good bounce.

EuroMotif Mod

EU bear here since early 2018. Always looking to add to my shorts. For my Long Term trades, I add positions with a scalp in mind. If a scalp hits target, I will take some off and let the rest of it add to my long term position. The Grey Zones above are from my Fibonacci Support Resistance plot: (with some of those zones now in red or green to signify...

EuroMotif Mod

Shorting AU based on Dovish RBA statement. Was expected, but they have turned even more dovish than last meeting. There was actually a bounce UP after the news, but I think that was short term stop squeeze. The grey zones in main chart are from my Fibonacci Support and Resistance plots

EuroMotif Mod Updated 

I am NOT a CAD student. I do not follow the politics or fundamentals between US and Canada. BUT, my support and resistance zones have given me good RR possibilities. One trade a small scalp with very tight SL. Possible second trade with higher RR ratio but will not take that one unless things look perfect. Red Fib lines are from this one: Grey zones are from...

EuroMotif Mod

Looking at two prices to possibly short. Looking for scalps that might survive to add to my long term shorts. This is part of my long term short position starting in early April: Which I then fine tuned to this plan: Those grey zones (higher TF fib zones) are from this post:

EuroMotif Mod Updated 

Looking for a dip and then bounce from the 7350 range. Found what look to be two separate impulses (strong move). Each of those have set ripples as usual. But this time each of those only extended to the 236 multiples, not the usual 618. Does that mean ''less momentum'' in the wave than if 618x? Perhaps, that is what I am watching. What is clear is that...

EuroMotif Mod Updated 

This is my periodic update of Support Resistance zones for this pair. See the ''Related Ideas'' links below for previous calculations. Only a few zones have changed since last post. Even the drastic moves have been mostly in rhythm with existing fibs. But some new zones were defined, and some were eliminated. General Info These zones are calculated using...

EuroMotif Mod Updated 

This is a follow up to my previous Idea looking for retrace, linked below. SEC just denied another ETF. Thus the initial drop, which I think was wave 1 of 5 down. The decision stated concerns that might also apply to the upcoming decision on the CBOE proposal. I do think the CBOE has the best chance of being the first ETF approval, as they are the whales...

EuroMotif Mod Updated 

This Idea is to point out three possible targets for the UJ downturn. I have been short for a while now, see chart shown below. The fundamentals are still giving JPY strength. - BOJ considering tapering/ending QE - Japanese Bonds have a HOPE of non-Zero interest rates - PBOC continues to deval the Yuan The technicals indicate more waves downward. - 2.618...

EuroMotif Mod Updated 

Looking for a quick short. Fundamentals say down (China deval, Aussi CPI with a bit of a miss, etc). The grey zones on the chart are from my Fib Zone plot: