EuroMotif

EuroMotif Mod Updated 

Based on news. Hopefully, I can place a trailing stop at break even or better before the press conference.

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 

After FOMC ok news, and AUS employment mixed bag news. AUDSUD took an initial dip on the FOMC even, then retraced to the .618 fib. I shorted then, hoping that the upcoming AUS news would not be very strong (neither bull nor bear). The zones shown are from my Fibonacci based Support Resistance Analysis:

EuroMotif Mod

Trying again FOMC reaction. US raises rate as expected. They also confirmed two more hikes likely this year. The marked zones are from my Fibonacci Support Resistance analysis:

EuroMotif Mod Updated 

FOMC reaction. US raises rate as expected. They also confirmed two more hikes likely this year. The marked zones are from my Fibonacci Support Resistance analysis:

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

The S&P Index looks to be in a Wave 5 up. Wave 3 was quite strong, and wave 4 retrace was weak. So I think we will reach for the next .618 around 2810 soon. But it is probably TOO LATE TO BUY. The best time to buy was at bottom of recent consolidation....

EuroMotif Mod Updated 

Waiting to see if London will bring it down a bit for me to jump on. 110 looks like strong support, so that is the first zone I will be watching.

EuroMotif Mod Updated 

Currently watching for this possibility. All Fibs and EW counts point to it. It will need to break above at 4.0 fib with gusto, or I might short there

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. The chart is stretched Vertically - Drag the Right side axis to change magnification. 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. Obviously there are more zones...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. The chart is stretched Vertically - Drag the Right side axis to change magnification. 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 zones are...

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

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 zones...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. The chart is stretched Vertically - Drag the Right side axis to change magnification. 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 zones are...

EuroMotif Mod Updated 

This plan is based on my calculated Fib zones, which often act as turning points. I am long term short on EU starting with these entries in early April: My medium-term outlook working very well, looking catch that wave IV bounce to short into wave V

EuroMotif Mod Updated 

The wonders of Fibs This is USDJPY on FXCM . Left pane is Weekly chart going back to 2012. Right panels are zoomed in views of the circled areas. The Fib in left pane was drawn from the first impulse in first Quarter 2012. Each of the fib extensions shown becomes relevant later. Check the 4.0 Extension at 110.025. Not 110.000, not 100.000 but 110.025...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. The chart is stretched Vertically - Drag the Right side axis to change magnification. 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 zones are defined...

EuroMotif Mod Updated 

Long trade triggered per my previous plan. The two positions represent two Take Profit points. Total risk is 1% of account size for both trades in total. My plan and what I was waiting for: