TimStuyts

TimStuyts

AUDNZD is moving as we wanted since we were looking for buy's from the beginning. However based on the characteristics of this pair I'm conservative when it comes to adding to my long positions at the moment. I like to see a more significant correction first. Let's see whether we get that in the beginning of next week. We also see divergence with every new leg...

TimStuyts

GBPAUD made an impulse lower and I like to see a wave 4 consolidation today and tomorrow. This will present a reversal trade on lower time frames. Impulse-consolidation-impulse = 1-2-3. I'm not interested in a sell anymore this week, if we move lower I let that go and only focus on intra day reversal for a wave 4. Once wave 4 in red is over I like to sell wave 5...

TimStuyts

Guy's I have been waiting for EURNZD to reverse and it still can but GBPNZD shows a great example on how to trade potential reversals. First of all it is important to notice that we most likely saw 9 waves higher from the low at 1.082627. Therefore I'm looking for a correction lower and not a new low at the moment. Once the correction is over we can buy the...

TimStuyts Updated 

I think EURNZD is in need for one leg lower as shown on the daily time frame. The 1 hour time frame shows a possible leading diagonal for wave 1 of wave 5. If we see a correction I will look to sell www.timstuyts.com www.facebook.com

TimStuyts Updated 

EURCHF seems close to the end of a corrective structure. I'll be looking for ideally a last leg lower towards 1.075 with divergence and then buy EURCHF.

TimStuyts Updated 

I like to see a third leg lower for GBPUSD on the 1 hour time frame and then look for a buy towards 1.36 and 1.39 respectively. www.timstuyts.com www.facebook.com

TimStuyts Updated 

I wrote in the charts what I'm looking for in terms of a sell from 1 hour time frame and potentially reversal. However if we break lower I'm already in the short. Updates will follow. www.timstuyts.com www.facebook.com

TimStuyts Updated 

Guy's remember that I wrote about the likely corrective structure for USDJPY because the first impulse had not the characteristic of a wave 1 (not saying we can't go higher but we analyze high probability). Although we saw a bullish impulse from 100 zone we have to keep in mind that a wave C can be impulsive as well, so this is why drawing lines alone isn't...

TimStuyts

Guy's have a look at my context and wave count for crude oil below because this is only a 15 min time frame to show how to trade an analysis. It seems like oil is about to reverse in the beginning of next week and this is how I would trade it. Sell the continuation lower. We saw a minor impulse lower (5 min) exactly form the determined high prob zone. IF we see...

TimStuyts Updated 

Guys see my post below where I explained my trade plan for USDCAD a week ago: First of all, I never have more than 2% cumulative risk for my whole trading portfolio. For every new position I take my previous position should be at least at break even. 15min tf shows the trades. Those who trade with me saw me enter the first aggressive buy at 15 min which I...

TimStuyts Updated 

For context and my previous post see link below: We might have seen the bottom for wave 4 in green but I don't like the structure that followed to favor a bullish continuation from these current levels. Nevertheless short term we see a bullish impulse on the 1 hour time frame. Therefore we might see a buy continuation trade soon once we see a consolidation. I...

TimStuyts Updated 

For my previous post regarding the bigger picture see links below: We see a triangle consolidation by means of a 3-3-3-3-3 structure. I'm therefore looking for 3 waves higher for wave E to complete wave 4 of larger degree. Follow me for updates follow me because I will update this post for EURUSD trades. www.timstuyts.com www.facebook.com

TimStuyts Updated 

For my previous post and context see link below: The correction started as anticipated and in the beginning of next week we should focus on whether we are able to break lower once more. IF we see a consolidation we can sell AUDNZD again. But don't forget guy's we want the buy because this pair is heading for 1.15 and 1.18 as conservative targets. Updates will...

TimStuyts

The monetary policy statement is on the agenda and all eyes will be on the Yen pairs. I don't think I will trade this event because in contrast with dollar index yesterday I don't see a high probability set-up. Both USDJPY and EURJPY show a response to the low's that have been counted as a wave 1 by many analysts. This can be correct I admit but for me it is 50/50...

TimStuyts Updated 

I erased the short term wave count for now because there are too many possibilities at the moment. Nevertheless I'm looking for a sell trade as shown in the charts. I'm definitely not a buyer in this zone, for a buy I need a clear impulse on lower time frames followed by a consolidation because so far it looks very corrective. For context see links...

TimStuyts Updated 

The dollar index might have ended the wave 4 correction which means that we will see a test of 100 with EURUSD going to parity. In my previous posts I explained why the structure was corrective and what to look for. So far everything lines up, however this doesn't mean that the dollar index can't take out the low at 92. This does however mean that IF the dollar...

TimStuyts Updated 

In my previous post I mentioned several scenario's and now it is more clear in terms of what to expect. The bearish move in Oil boosted our USDCAD long but now I will start really focusing on trading Oil. I showed 3 strong zones in the chart, 42-38-35. I expect to see a response to all of these zones and will therefore be trading these levels from lower time...

TimStuyts Updated 

I'm looking for a sell trade for Apple. The wave count is somewhat complex and that doesn't increase the probability longer term until we have more data to determine what's next. Short term however I expect a break lower soon, once we see that bearish break I will be determining whether there is more to come in terms of another bearish break out of the structure...