EuroMotif

EuroMotif Mod Updated 

Took a small short position here. Good RR as SL is very close If Oil breaks above resistance zone, it might fly. Thus a very tight stop

EuroMotif Mod

Been watching the 1250 zone. Held up pretty well so far. Am thinking USD is due for a retrace, especially with NY open.

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. I found a way to make the zones go back to origin point. So some of the recently created zones will only go back a few hours. The longer...

EuroMotif Mod Updated 

Waiting for more of a drop, with zones to watch for possible entries. All of the Grey zones are from my weekly Support and Resistance Zone calculations linked below. The Green and Red zones are previously existing zones that have been reinforced by this last wave/ripples. There are two possible entries (green zones) but I will be mostly interested in the 109.00...

EuroMotif Mod Updated 

Hoping to see something like the blue squiggle develop. (break and retest support, start falling hard, which should cause drop to next zone). Ideally will start happing in about 15 mins when UK markets close and profit taking might start the down move All of those grey lines were drawn week go go per this Idea:

EuroMotif Mod Updated 

I found a way to make the zones go back to origin point. So some of the recently created zones will only go back a few hours. The longer (time period) that a zone is, the larger time frame that Fib covered As well, I have left a couple of the recent Fib extensions used as examples. My complete chart has so many lines one can hardly see the price. So for...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones. Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce...

EuroMotif Mod Updated 

That's a LOT of lines, I know. Kind of like ''draw a bunch of random lines and some of them will work", right? This asset has just been so choppy, that it has left a LOT of ripples. But it looks like it might be leaving the chop range. So that should help me define better resonance frequencies soon. Also, I found a way to make the zones go back to origin...

EuroMotif Mod

Like catching pennies in front a freight train maybe. But it has dropped a lot, with momentum building, shown by the increase in Fib distances covered with each move. But it has to stop somewhere and bounce a wee bit? I am hoping to catch the 5.618 extension ride back to 2.618 test.

EuroMotif Mod Updated 

That was a dramatic drop yesterday. Now I am watching the bounce, and will be measuring it to evaluate progress from here. I am long term bear, since this first trade in Early April: I have been taking some profts here and there, adding shorts at opportune moments. My last updated outlook in Mid-May is here: I am evaulating this latest move to see if above...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but they...

EuroMotif Mod Updated 

Updated some Zones after the considerable recent movements. USD looks very strong across the board. The reaction (or not) at each of these zones will be very telling. Where prices overlap, drag the Right (price) Axis up to magnify and reduce overlap vertically. There are zones above and below the current window, Drag the Chart up/down to see other zones....

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but they...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but they...

EuroMotif Mod Updated 

Fib traders look for the ''natural rhythm'' of a market. But where exactly to place the ends can be subjective. I make it more objective by wiggling until price tells me. Sometimes the Highest High to Lowest Low is NOT best. Sometimes there are long wicks so hard to place one end. Sometimes momentum will take price further than it ''should'' While drawing the...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Where prices overlap, drag the Right (price) Axis up to magnify and reduce overlap vertically. There are zones above and below the current window, Drag the Chart up/down to see other zones. Drag bottom axis to the left to magnify the candle size to view close up. I will update as new...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. I recalculated all of the zones from scratch. after the massive down move. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones. Zones that are far...