Rona75

Rona75

Another long term view over how this pair may paly out into 2017. This is not a trade call . It is meant to have a map of a scenario I see and would like to share with you

Rona75

Please do not take this chart out of the context. This is my long term view I would like to share and trades are fine tunes down to 4 Hr and Daily charts and certain setups develoop. I will make follow up comments on this plan. This is rather a map of a potential scenario GBP/JPY may play out.

Rona75

the longer term view is always quiet helpful. I know a lot of traders tried shorting this pair along this strong move higher but set up hasnt confirmed yet. looking to short around 118 area with 15 min confirmat. plenty targets below. 155.5 /113.5 etc..

Rona75

This is about the easiest way to spot some formation of H&S inverse pattern with a long term consolidation. I dont like much the H&S inverse pattern but the longer they take then better chances of a break out. Watch for 35.50 to 35.80 level.

Rona75

This is about the easiest way to spot some formation of H&S inverse pattern with a long term consolidation. I dont like much the H&S inverse pattern but the longer they take then better chances of a break out. Watch for 35.50 to 35.80 level.

Rona75 Updated 

Time to start looking at some Yen shorts - CAD?JPY is one of them. As long 78 to 7740 level holds , I'm taking a long above 78.30 into 82 target Second target is around 86 area if further YEN correction follows thru. This is countertrend trade so I wont hesitate to get out quick if price is not confirming my levels.

Rona75

well established range that is soon to be tested again. keep a watch on this one. .95 to .9550 area is key resistance

Rona75

I'm long the Dec 16 contract and will add at a break over 68. Targets- 95, 100, 105

Rona75

Price is still consolidating in a fairly large range. I really like the 1.49-1.48 support at the bottom of the trendline - great R/R there for an upside swing. Higher timeframes point to more upside but it will take a few weeks to break out of the coil.. either way it needs to be on your watchlist

Rona75

I wont be trading any GBP pair until July 1st or later, depending on the setup. That doesn't mean I cant prepare ahead of time with levels and planning a few trades going into the next 6 months I think GBP will have an awesome rest of the year too with a lot of volatile moves. Ultimately GBP pairs will end up much higher into the end of the year. So 148 to...

Rona75 Updated 

Good setup coming... ECB is about to kick the price momentum. Plenty of news this week so the price will move one way or the other.

Rona75

Range Play into prior resistance. Great R/R . Will look to buy when it triggers . Stop.9250 with target into 1.00 and possibly higher.

Rona75

I know this is a monthly chart and it's a long shot for a lot of traders. This is the type price action I'm looking for to position myself into long term patterns and get some good pips out. It looks like Kiwi respects 38% retracements and most of the weekly and monthly moves are measured . A confirmed move below 1.68/1.6750 will take this pair into...

Rona75

Such a crowded chart.. yet not too difficult to see levels that are meaningful in long term perspective. I'm neutral for now until it hits some levels I'd be interested. If it gets to 1.1470- short into 1.1120 if it breaks above 1.1470- wait for consolidation and go long into 1.19 level Anything below 1.11 it's a GREAT short into old strong support at 1.05ish.

Rona75

DX has many recurring measured moves and familiar price patterns that can help project certain targets. Before getting too bearish on the US Dollar there are certain levels to watch. If 93.80 - 94 level holds then it's a BUY. Upside targets are 97.25/ 98.50 & 100

Rona75

DX has many recurring measured moves and familiar price patterns that can help project certain targets. Before getting too bearish on the US Dollar there are certain levels to watch. If 93.80 - 94 level holds then it's a BUY. Last bullish case can be considered into 93.20 area Upside targets are 97.25 and 98.50 & 100

Rona75

I've been following this chart for a few months and it starts showing up some price development tat can soon start some momentum. Watch the 500 level and buckle up!

Rona75

Price finally makes it above 2.15 for this monthly bar. Big fib cluster coming up around 2.22 and 2.2350 area. Any pull back close to 2.15 I will get back long with targets to 1.22 Next week's dairy GDT numbers could be the push to take this pair higher. Next leg higher will be between 2.20 to 2.40 for a retest of the prior monthly high. Too early to talk...