colintsui

colintsui

I always think that there will be a massive USD selloff if the Fed hikes in December, either triggered by a "sell the fact" reversal, or with a "dovish hike" press conference. Market will likely to turn to how fast the Fed will hike again, this may miss the USD hawks expectation. What if no hike? you know the answer already. We have the next BOE meeting at Dec...

colintsui Updated 

price retraced higher in asia session and it provided an intraday short opportunity. I'm short at 1.4985 with 40pip SL. Target 1.48 trend line low. Will tighten SL to BE with 30p in profit.

colintsui

Bearish momentum is fading, there could be a short squeeze before FOMC minute. a potential Ending Diagonal formation has occurred from recent price action. RSI also diverge since wave iii of 3, a bounce could happen anytime from now

colintsui Updated 

There's 10 hours to RBA minutes release and I'm long AUDUSD here. In fact, I'm already long AUDCAD and AUDNZD earlier today. Based on Elliott Wave analysis, AUDUSD is about to start a minor third wave (or C wave) up soon. RBA minute could be the catalyst. Cheers!

colintsui

This one has a better risk to reward ratio. I'm entering at market, with 50pips SL and potential 250pips return. Cheers!

colintsui

I'll enter short here with 25p stop loss, and 80p target, just a quick intraday scalp.

colintsui

Long at corrective channel bottom. very tight stop loss at 122.4 look for 125.00 level

colintsui

Corrective channel broken and retested, provided a good long opportunity

colintsui

If you are a medium term trader, this could be the best trade of 2015. As per my previous ideas, GBPUSD ending diagonal looks like finished, and is ready for a big rally. the worse than expected job data today failed to push GBP down, which only provided another dip buying opportunity. IMO, today's job data is in fact a very good one: - prior month 4.6k revised...

colintsui

Disclaimer: I have already long this pair at today's open. I think this pair is going to rise for the 5th wave up. Stop below friday's low

colintsui

Hello Traders, In my previous idea, i posted a quick intraday short AUDNZD and now price has dropped to buy zone. I'd go long here placing tight 50pip stop loss, waiting for the final 5th impulse up. Cheers!

colintsui

Pretty simple. This is my subjective wave count for EURCAD and how it looks in the monthly chart. Cheers!

colintsui Updated 

an ending diagonal potentially ended after today's NFP spike. sharp reversals are usually followed after an ending diagoanl, hence i'm also bullish EURCAD. In fact, many euro pairs looks pretty close to a medium bottom.

colintsui

I believe this could be the next big trade. Price reacted impulsively at short term correction channel bottom, and long term uptrend channel bottom. its a great opportunity with great risk to reward ratio. Stop loss at today's post NFP low

colintsui

Price has dropped to buy zone between 1.4950 and 1.5080 and showed mild support there. I am long at this level and placed stop below 1.4950. looking for an impulsive up. Thanks and good luck trading

colintsui Updated 

Hi Traders, Here are four scenarios I expect for USDJPY reacting to Oct NFP data later today: 1. NFP beats expectation by 50k+ jobs - USDJPY is going to run skyhigh with ample of follow through with Dec rate hike expectation rise. not likely though 2. NFP/unemployment rate/rate change are just slightly better than expected - USDJPY pop and drop, ...

colintsui Updated 

GBPJPY looks like forming a diagonal and it's about to end. or already ended? it's a clear short against today's top

colintsui

AUDNZD is probably in a 4th wave correction, I will short now with a stop at 1.0855 just above this hour's high, it's also at corrective channel top.