Here is one that I forgot to publish a couple of weeks ago. I think it will push up soon based on what my indicators are showing. FX:CADCHF
I'll be looking to see if price pushes up further. I will sell if price reaches my first level but I do think that it may reach the second one or close to it. This may take a week to set up if this were to happen. FX:GBPCAD
Here is a potential short setting up. I think it will be a while until price gets there if it choses to push up. It looks very similar to GBP/JPY but a few days ahead. I'll break down the similarities in the future. There were levels that were hit and price barely missed this last level before turning down. This level is still in play and I will be paying close...
If you made money from the other entries I'm very happy for you. If you missed it or want to add on, I believe this setup to be an opportunity. I think this can still go down further but equally think there is still upside later down the road. For now it's looking to go down further and if it does, my 2nd entry zone seems to be the less riskiest and where I see...
The game plan is still the same. The only difference is that a level was recently added. 1.65556. If this level is reached, I believe that there is a good chance that price will reverse from there or not go too far if it price goes above. It may not get there at all and that's fine. I'm still selling at the bottom two levels if price gets to those. FX:EURAUD
Nothing much has really changed since my first posting on this. Price has hit my first two levels and since then been skirting on top of them for a while. So the levels underneath are still at play. Price hasn't moved up enough to invalidate them. Maybe it will push up soon. If it does, I will go short from my short zone. If price goes lower, I'm interested to see...
I'm a bit late on this one since I haven't been working on any JPY pairs. But I'll start. My first level was reached and there has been a push down from it so far. Not sure how deep it will push for or for how long. I marked the first level retrospectively but as you can see from my past postings, I always draw the zones out like that. I will be paying attention...
USD/CHF Buy Zone. I'm comfortable buying from these zones.
My first markup a few weeks ago didn't play out and that's okay. There's still opportunities when price turn. These levels for this case aren't tops or bottoms but the sell zone could be a peak but not for a short period of time. Rarely they are but they are moreso pullbacks and actual solid resistance on first hit. I'll only execute on first touch. In some cases...
Price is coming into my levels. I think it's likely to reverse from this zone or from underneath it if it gets down there.
Here are some zones that I believe that if price reverses, it will be strong, notably the deeper levels. If price breaks the first level, I'm getting in the second and so on. I would usually look for them all to get hit but that's not always going to happen. You'll notice that in a couple of my postings price did hit a level or two and reversed. Keep in mind that...
It's looking like a selling opportunity at my levels above. I doubt its a peak that will hold for weeks but there's definitely some potential for downward movement afterwards. Calling tops and bottoms can be dangerous but if there is a time to do it, I believe that we are getting closer to that time. I believe that there are poor blokes underneath us who've been...
My prediction is that price will reverse upward from these lower levels. I've added an element in my algo to detect where price doesn't go in a given day. From backtesting and spending hours analyzing across multiple pairs, I can confidently say that price usually fulfills a set range before extending to lower or higher price levels. When it doesn't fulfill those...
Here is another setup I'm paying attention to.I'm paying attention to how the low gets worked down into my levels if at all and if there are any bounce opportunities when it reaches the 1st or 2nd level. Didn't really put as much analysis on this one compared to the other ones. I'm not really noticing anything other than price moving down into my levels. If...
We are are pushing up into new yearly highs. Price has nibbled through a few times from what it looks like from the three push pattern. It was good for a 150 pip drop. Sellers who took their profits are good. What about the sellers who anticipated a further drop and held on? They are in serious heat right now and trailing/break even stops have been hit. Now we...
My belief for this pair is that price will continue down into the stops of long consolidation periods in January and December. When I see long consolidations, I see very impatient participants. So far buyers been in heat from a down move that lasted 3 weeks. Price is reaching my levels. Truth is that the market may not care about my levels. And that's fine. Maybe...
We have a trend that proceeded a long period of accumulation. I think that this trend will be short lived. Maybe one more level of pop up near or above my levels. At some point in time in the near future, I'm looking for a great portion of the trend which took a long to time get up, to be taken out in a very short period of time. Maybe a single session or full day...
I see a lot of accumulated volume underneath large timeframe breakout levels.There are weekly breakouts,monthly,and the year being pushed down. Sellers are chasing it down and it has already broken past my first 2 levels. In the coming days or weeks, I'm looking for price to hit the rest of my levels before reversing to hit the chasers and breakouts. FX:AUDUSD