For my previous post and short call see below: I'm currently following this consolidation and once it breaks I will sell the bearish continuation. www.timstuyts.com www.facebook.com
GBPJPY looks very interesting, for now I count it as an ABC corrective pattern. This would mean that a bearish break is about to happen. If however we see a bullish break I will most likely count this structure as an 1-2-3 pattern and wait for the wave 4 consolidation before buying GBPJPY and wave 5 continuation. Hence we need to wait for the confirmation but a...
I'm looking for a bearish continuation. For my previous short call and context see below: If it turns bullish I will wait for a consolidation before trading the extension. Bigger picture as explained in previous post (use link) remains the same, also when price extends higher once more. www.timstuyts.com www.facebook.com
For my previous post and context see below: I didn't see an entry yet but I think we will have a great trade opportunity soon either bullish or bearish. The bearish break first towards 1.80-1.82 would be great because that would present an even better buy set-up. updates will follow www.timstuyts.com facebook.com/timstuyts
My longer term view hasn't changed since March. I favor a move towards at least 1.46 and likely higher. Although we see some complex patterns unfolding, GBPUSD is starting to look good for the next impulse higher towards my long term target. I will therefore be looking for bullish confirmations by means of an impulse higher on lower time frames which we might...
for my previous buy trade analysis and context see below: We saw an impulse lower after price hit our target at 1.52. Now I like to see a consolidation and bearish continuation, have a look at the bigger picture to see why I like to watch for the bearish continuation. This might result in a weekly bearish break out. Hence I want to trade it from intra day charts...
I'm looking for a possible bullish break and new high on the daily time frame (at least a test of 2.50) However this pair gave plenty of great selling opportunities due to the bearish structure. If I see another corrective structure towards 2.00 zone and price reversing I will sell again. updates will follow www.timstuyts.com facebook.com/timstuyts
I'm looking for a short soon for EURGBP. Based on my bigger picture analysis I favor a new low on daily time frame (at least 0.693). There is some more room to the upside so don't chase this trade but I expect it to break lower sooner or later for a fantastic trade opportunity. Below my long term analysis I posted a few weeks ago. updates will...
I spotted this set-up when scanning the market and I think it is a good example of how to trade structure. First of all AUDCAD is a ranging pair and this is an important characteristic when trading a certain pair. We saw a bullish impulse followed by a sideways correction. I've counted this correction as a W-X-Y corrective combination with wave Y currently in...
GBPUSD is about to break down after what seems like a minor consolidation. If it moves higher I will wait for the first impulse and buy after the consolidation. updates will follow. www.timstuyts.com facebook.com/timstuyts
The main criteria for me in trading is structure by means of impulse and correction. An impulse has 5 inner waves and a correction has 3 inner waves. However there are several degree's within a structure and that's why it might be hard to analyze an extension of a structure. Those who follow my posts from the beginning probably already know how I look for the...
Those who follow me from before I was posting on Tradingview already know for a long time my fundamental view regarding both Euro zone and FED . It took a while but both ECB and FED realized that what they are doing didn't achieve much and therefore resulted in a major correction on daily time frame. Forex is relative and that's how we should look at it when it...
Short term I expect bullish price action for a wave 4 towards 1.93 zone. Once this corrective structure will be over I expect at least one leg lower towards 1.83 zone to complete the weekly impulse lower. Updates will follow. www.timstuyts.com facebook.com/timstuyts
Comparable to the AUDUSD I expect the NZDUSD to show more bullish price action as well the coming weeks. My targetzone will be 0.73. Buying after minor consolidations is what I'll be looking for. Price is closing in on previous highs which might give resistance for a consolidation. This will be the possible set-up for a buy continuation...
I expect to see a bearish break out in the beginning of next week's trading. If however we see the bullish break from this zone I will wait for at least a minor consolidation before I buy. www.timstuyts.com facebook.com/timstuyts/
For my previous post and context see below: I'm looking for an intra day sell but the bigger picture won't change, at least not yet so I keep 50% of my long open as well. www.timstuyts.com facebook.com/timstuyts
EURUSD is in a consolidation and I like to buy the next bullish break out. www.timsuyts.com facebook.com/timstuyts/
I'm looking for a bearish break for a sell opportunity. www.timstuyts.com facebook.com/timstuyts