TimStuyts

TimStuyts Updated 

GBPUSD is about to break out of its short term structure. I favor a bullish move to test at least 1.455 but we have to keep an open mind and trade what we see. So I'll either be looking for 1.455 or 1.43. www.timstuyts.com www.facebook.com

TimStuyts Updated 

EURUSD is about to break out of its short term structure. I favor a bullish move to test at least 1.145 but we have to keep an open mind and trade what we see. So I'll either be looking for 1.145 or 1.13. www.timstuyts.com www.facebook.com

TimStuyts Updated 

I don't think that the consolidation for Crude Oil is over. Short term I like to see another leg higher as shown on the 15min time frame: However medium term I think we need a leg lower to test 42.50 zone. I will therefore be looking for a buy first (15min time frame), then see whether price breaks out bullish and stay in the trade, or take profit and shift my...

TimStuyts Updated 

AUDCAD is in a bearish trend on the 1 hour time frame and I will be looking for a sell trade after a minor consolidation on the 15min time frame. This might result in another break on the 1 hour time frame as well. If we reverse after another leg lower we should be looking for the bullish break although I favor a move lower for now. www.timstuyts.com www.facebook.com

TimStuyts Updated 

USDCHF broke out of the bearish wedge for what might be the start of a test of the previous daily high. Key is that this pair moved higher in an impulse and I will therefore be looking for a consolidation followed by a bullish continuation. The 1 hour time frame shows a potential trade set-up within this consolidation. Hence on the 1 hour time frame we might see...

TimStuyts Updated 

The GBPJPY is very comparable to EURJPY and easy to trade, be patient, wait for the consolidation and set-up before you buy the continuation. Updates will follow. www.timstuyts.com www.facebook.com

TimStuyts Updated 

Although my longer term view hasn't changed yet, short term I will be looking for at least a third leg higher for the EURJPY. We currently see an impulse higher and I'll be waiting for a consolidation and THEN look for a buy continuation trade. updates will follow. www.timstuyts.com www.facebook.com

TimStuyts Updated 

I believe that we are close to at least a short term high for USDCAD. Nevertheless it all depends on the current move. If it shows an acceleration we should simply be looking at buying dips (consolidations and continuations). However I keep in mind that a reversal is closing in from 1.3064-1.3085 zone or maybe the top is already in place. Updates will follow but...

TimStuyts

The AUDUSD is about to start a correction. Price reached a major zone determined a long time ago shown by means of the blue dotted lines. We see a lot of divergence but that's only an indication. If price breaks lower the whole potential reversal process will start all over. However I like to see this price action settle for a significant consolidation which will...

TimStuyts Updated 

The EURUSD is moving lower impulsively and I will therefore be looking for a consolidation to confirm this bearish trend and sell the continuation lower. www.timstuyts.com www.facebook.com

TimStuyts Updated 

The EURGBP made a bearish impulse and is correcting relatively strong. So depending on what's next we can determine whether to buy or sell. the next continuation. Below bearish scenario I personally think a leg lower first and then a possible reversal for the third leg up but time will tell and the structure will show us what to...

TimStuyts Updated 

The EURAUD made an impulse higher and is now correcting in a sharp angle. We either break bearish and can sell the continuation after a consolidation. Or we will see it settle and continue the bullish trend. Many Euro pairs show a comparable structure and we need to let the retrace play out to determine whether the reversal is for real or only a correction of the...

TimStuyts Updated 

We saw a strong bullish impulse in the EURCAD and I'll be looking for a significant consolidation and buy the bullish continuation www.timstuyts.com www.facebook.com

TimStuyts Updated 

Gold made another bullish impulse at the end of last week and I'm looking for a bullish continuation next week. I'll be looking for a consolidation first and then target 1380. www.timstuyts.com www.facebook.com

TimStuyts

For my previous post and context see link below: I'm looking for a bearish continuation towards 120, 117 and maybe even 112. Once this major correction is over I expect the EURJPY to break out bullish. However first things first and that will be short. www.timstuyts.com www.facebook.com

TimStuyts Updated 

The GBPUSD made that move from the low we were looking at three weeks ago. Although we came close to 1.47, I like to see a minor consolidation Monday to buy the continuation. I will be trading this from lower time frames to increase my risk/reward. Although in terms of pips 1.47 is not far away, risk/reward and structure is great and that's what matters in my...

TimStuyts Updated 

AUDUSD is finally moving lower although there are no confirmations yet that the bearish trend on daily time frame is leading again. I will be looking for this current consolidation to end for a possible sell trade. If we see a 5 wave pattern lower and a break of the lower structure line we need a continuation to confirm that the trend is bearish again. Until that...

TimStuyts

In my previous post I explained why I expected the new low. We saw that new low 2016-04-08, however the bullish move after that low wasn't significant enough and I'm therefore still looking for a test of at least 120 (likely 119.70). Bigger picture this pair is still in a consolidation and once we see my target zone get hit the reversal will most likely be...