Rocketman

Rocketman Updated 

Mr. Pacman shows up on the S&p 500. Will he chomp down on US Equities, trapping the longs, or will he get his teeth knocked out? If the 1 hour trendline breaks, the longs will be in for a wake-up call.

Rocketman Updated 

Another pivotal moment for the financial markets: Large funds have been positioning themselves in the greater trend upwards. This shall continue like inertia until some other shock hits them. July 14, 2017 is a mark in the sand whatever the U.K. chooses. I am looking for another opportunity to buy into gold miner stocks, like MUX, when MUX falls back down to...

Rocketman Updated 

If USOIL continues to fall (and I hope it does), then I expect a reaction at the 42.19 to 41.89 area. This lines up with my analysis on the CADUSD, located in related ideas. Weekly view: Inverted Head and Shoulders is spotted - Daily view: All the Fibonacci wealth of tools point to a bounce at the $42 to $41.89 area and the $35.88-$37.41 area.

Rocketman Updated 

I am looking for a short squeeze above that last high, but only if the highs are breached beyond the 1.6929 area. If not and a brake down occurs, I have my orders around 1.0753 near the slower trendline. This poses a good reward/risk scenario, as well. The consensus is that rates will fall 25 basis points for the UK on Thursday. This would be bad for GBP. ...

Rocketman Updated 

Previously, I shorted the USDJPY pair and took profit. Now, at this time, Japanese exporters among others are buying the Yen and there is repatriation of the Yen back into Japan. This shall make the Yen move up once again, at least for now. This should limit the move up in the USDJPY pair; hence, my second short position. Risk: A surprise in the Japanese...

Rocketman Updated 

Short limit order was triggered with a target#1 at 72.80 and target#2 at 70.00. This trade seems fitting fundamentally, as well, because of repatriation of the Yen currency by exporters and others, which should temporarily cause some upward movements in the Yen. Also, I am bearish, fundamentally, the New Zealand dollar.

Rocketman Updated 

Reloading on Short in the EURNZD

Rocketman Updated 

Went Short AUDJPY, although my long-term bias for the Australian economy is bullish. This is a short-term trade. I am also looking to short NZDJPY.

Rocketman Updated 

With the commercials continuing to position themselves long, I am looking to buy the dollar as well, especially after the previous pattern hit my targets. All the other parameters tell me to go long despite the bearish outlook of one candle on the monthly or weekly chart. So, that is what I shall do, stay bullish the dollar for now and wait for dips.

Rocketman

This is a clear one....I am filled short the EURUSD and waiting to get filled higher.

Rocketman Updated 

Buy AUD Currency, I just mean the Australian currency itself. Now, I've been bullish AUDNZD and the Australian economy for a week now...buying pullbacks. This is a currency chart of the Aussie currency itself. If this week closes positively, then this is very good for this currency and will be part of one of the confirmations that I am looking for to stay...

Rocketman Updated 

There is no guarantee that there will be a bounce from here, but this is an area where I like to buy the red and sell the green; or as they say, "buy low and sell high."

Rocketman Updated 

Computer refreshed what I wrote, and I don't feel like writing the whole thing again concerning oil. I am waiting for oil to go up so that I can get filled long in USDCAD. I will then proceed to long USDCAD until trendline breaks, which is where I will consider myself wrong; and then position myself for a short. target#1: 1.3307 target#2: 1.3835

Rocketman Updated 

As scary as it looks; its about time to short and ride this down. This is the last trade of the month. Next week, I will be traveling, but posting charts along the way in this journal.

Rocketman Updated 

I just re-shorted the GBPUSD pair. Fundamental Reason: I expect the UK to cut rates this week or do some QE. Anything to help their economy, whatever it is...a lower UK dollar will benefit them. Thus, let's all help the UK's currency go lower so that with a lower currency it will help their business thrive. Lol!!! My stops are above the previous high. and my...

Rocketman Updated 

I believe the sellers will step in around the 1.225 and 1.1295 levels. This pair is already at or near the backside of an old trendline. If the US dollar extend's its fall, then this will be a good opportunity to take a short position in an already downward spiraling channel.

Rocketman Updated 

I believe that the EURUSD pair is going to 1.000. Any rally for me is a sell. Of course, I will take out pieces of profits along the way if I get filled.

Rocketman Updated 

Buying those dips..... small risk...big reward