Trading_Cowboy

Trading_Cowboy

Elliot wave is setup on the weekly chart for a potential push to 525 area. Triple Threat daily indicators have all turned bullish. Weekly indicators are heading in that direction also. It appears we are trying to push out of the corrective way and move up.

Trading_Cowboy

09/24/2017: More conslidation This Week and we actually formed a Head and Shoulder pattern on the daily. A major trend line faultered on wednesday and survived a retest. I could be looking a retracement on this pair.

Trading_Cowboy

09/24/2017: Currently Bullish on this pair. Right now we seem to be on consolidation. I am on the sidelines of this pair until we have direction.

Trading_Cowboy

09/24/2017: I am still bullish on the pair, but i believe we are going to see some consolidation on this pair for a bit as we seem to be pushing between supply and demand zones on the chart. I am on the sidelines on this pair at the moment.

Trading_Cowboy

Week of 09/24/2017: We saw a Daily Candle close under the .78 FIB on this pair last Thursday along with the Daily EMAs crossing down. If the is a strong price action SELL signal we could consider shorting the pair off a small pullback.

Trading_Cowboy

9/24/2017: I am currently bearish on this pair. Right now I am watching the for strong price action sell signals and a break of the counter trend line to resume the downward trend of the pair. Note Price had stalled around 1.233 the past few days.

Trading_Cowboy

Week of 09-17-2017: I am still bearish on this pair. We are currently about 100 PIPs away from a long terms support (2+ Years it has held). I am on the side lines on this until we see a clean break below and retest of .945 or we have a significant reversal and confirmation of an uptrend.

Trading_Cowboy

Week of 09/16/2017: We have been range bound on this pair for the calendar year. Right now are at the top of the range testing the 18 EMA. If we break below we are looking at a more significant retracement down to the 17 range before resuming the upward movement.

Trading_Cowboy

09/17/2017: I am still bullish on this pair. On Thursday we saw a HAMMER print on the daily close testing and rejecting the 18 EMA range that could be a clue for further upside. We have also not seen a significant retracement in two months on this pair so we if we break a major trend line we would look at retesting 1300 this week.

Trading_Cowboy

09/16/2017: We have finally seen the pair break the retracement trend and it is in a period of consolidation currently. Ideally I would like to see a cross of the Daily EMAS upward and a strong price action buy signal about .731

Trading_Cowboy

09/16/2017: Bullish on this pair. Looking to buy against any weakness in the market. a Retest of 1.35 will be likely this week.

Trading_Cowboy

09/16/2017: I am bullish on the pair. The pair is struggling to maintain over key level 1.1925 currently. If it maintains over that key level we are looking at completing the current FIB. If we see the pair break lower under 1.1925 we are looking at a potential significant retracement. A Hammer was printed two days ago and we did have a weekly close above 1.1925,...

Trading_Cowboy

09/16/2017: Bearish. Hammer Printed on Weekly. If we break above 1.1925 we should see a retracement to 1.2622 Area (which was also the most recent supply zone). If we hold under 1.1925 expect to see 1.19 taken out.

Trading_Cowboy

09/06/2017 1. 09/6/2017, LONG 2. Rejection of .618 Fib + bullish engulfing 3. Triple Trend Line bounce 4. Counter Trend Line Break 5. EMAs Crossed Up on Weekly, Daily, and 4 hour 1/1.36 Risk to Reward

Trading_Cowboy

09/06/2017: I am bullish on this pair, I am currently long on this pair as well after we saw the retrace and rejection of .618 FIB level. R/R is a 1 to 1.72 .... Longer Term Trade

Trading_Cowboy

09/06/2017: We touched a key resistance today. Looking at three rejections of the level. I am waiting for a retrace before rejoining the upside. Could also be seeing a the formation of an inverted head and shoulders.

Trading_Cowboy

09/06/2017: On the sidelines until we break (Up or down) from 0.80046

Trading_Cowboy

09/06/2017: Today we took out key support of 1.22 once the new was release. There are a few options to look at here. 1. We can expect a retracement and retest 1.25 before making a new lower low. The other thing to watch out for is that we might have fallen into a fresh demand zone created in May 2015, if the demand zone hold we could see a violent reversal to...