TimStuyts

TimStuyts

For my analyzes or larger degree and context see link below: For those who want to look for an intra-day trade within this corrective combination the following two set-ups are what I'm looking for. Remember it is an IF=THEN process so don't chase a set-up that isn't there. 15min tf buy: watch for a consolidation and continuation of yesterday's bullish...

TimStuyts

All our buys are still in place and although I was looking to add another buy I didn't see a high probability entry. Nevertheless we are most likely only in the first impulse higher and a more significant consolidation from the 1.076 highs is likely.

TimStuyts Updated 

In my previous post I described why I expected EURGPB to be bullish in the short term. So far we seem to be correct. Therefore will a consolidation/bull flag give us a nice buy opportunity. Once wave C is in place a nice sell opportunity might present itself. Nevertheless keep in mind that wave 3 of the impulse of larger degree might be extended. This leaves the...

TimStuyts Updated 

GBPUSD is unfolding in what seems to be a complex correction. It is hard to count a bullish impulse from 1.2381 low, which basically means it lowers the probability for a succesfull buy trade just yet. I expect another bearish leg and that will determine whether the move higher (@1.2345) was a strong correction or a bullish impulse. IF however we continue higher I...

TimStuyts Updated 

NZDUSD might reverse soon for at least a nice correction with a higher than 2/1 risk/reward. Potentially it might be result in way more than that 2/1 risk/reward if we see a break of the structure of larger degree. However this pair extended several times so let that be a warning.

TimStuyts Updated 

In my previous post I warned about ending diagonals not being over. Since EURUSD is in another round of a complex corrective pattern (this time of lesser degree) I will show my two most likely scenario's. Key however is to trade it step by step if you want to trade EURUSD. Starting with a possible short. As of next week I will update this pair on a daily bases to...

TimStuyts

Have a look at the previous post for context. It is not possible to update that post, hence the new post today. I'm still looking for more bearish price action for what I expect to be wave C of an expanded flat correction. www.tradingview.com

TimStuyts Updated 

Hey guy's many of our trades lately were very successful and 2017 is phenomenal so far, The kiwi pairs were and are amazing winners (risk/reward) and there is more to come. (follow me for instant updates because I won't publish a complete new post at all times). USDCAD might be the next great pair move to trade. By means of this chart I show you my bullish wave...

TimStuyts Updated 

EURJPY might have finished a wave 4 correction. We saw a bullish impulse of lesser degree and once this got confirmed by means of a consolidation/flag pattern I will be looking for a buy continuation trade.

TimStuyts Updated 

I'm looking for several short scenario's. Based on several variables a move higher for wave C would be the most ideal sell scenario. Short term I expect a bullish move but I trade what I see in case we see a bearish reversal sooner. Have a nice weekend and safe trades!

TimStuyts

For now I still favor another bullish move in the EURUSD. There are two ways that determine the last bullish impulse to be the last bullish impulse of its cycle. This will either be confirmed by means of a break below 'what I currently count to be' wave 'B'. Or if we see a corrective pattern to be next which will indicate another bearish continuation. This will...

TimStuyts Updated 

AUDJPY made a bearish impulse after reaching the price territory of the lows of August 2013. This was a significant low and the first bottom of a correction after a bull rally that lasted for 5 years. The move higher from 83.770 looks corrective, however we still need a sell signal because price can either extend higher, taking out the previous high. Or the...

TimStuyts Updated 

All over the internet you see posts about the dollar crosses and their wedge/diagonal patterns. But understanding the structure keeps you out of most losing trades. Some free advise when dealing with these patterns. (I'm not posting a textbook example but a real time example so let's follow this pair and see how it unfolds). Diagonal patterns come 90% of the time...

TimStuyts Updated 

Months ago I wrote about my minimum target for AUDUSD to be 0.81. However the question is how we get there. (and likely even higher). There are several scenario's I'm looking at for next weeks trading which are based on the following set-up: 1hr 15min This pair looks ready for a reversal shown in the charts above. First of all it looks ready but as I showed on...

TimStuyts Updated 

I'm looking for a bullish continuation for AUDNZD. We have been following this pair for a long period of time and I still see a move towards 1.15 and 1.18.

TimStuyts Updated 

Analyzing is my work, trading is following my rules. I trade ideal scenario's or let it go. In an average week I only need 3 trades a week for 10% return based on risk/reward, so waiting for ideal scenario's is what I do. Both EURGBP and GBPCHF are presenting possible ideal scenario's. If not I adjust and look for the next one. Keep an eye on these structures for...

TimStuyts Updated 

Dollar index seems to correct for at least another leg lower. Once that correction is over I expect a new high towards 106. Updates will follow

TimStuyts Updated 

looking for a buy once correction is over. for the next impulse which can be a wave C or maybe even a wave 3. That one you don't want to miss. AUDUSD is not showing a clear reversal just yet so I will update that pair tomorrow.