crazywlst

crazywlst Updated 

Well, I do not like to rush into position but risk/reward is too sweet to walk free. I am in.

crazywlst Updated 

Valeo was being hit severely and it may keep on march lower but in case I see the move below the triangle and back. In case it occurs the shot up can be fruitful.

crazywlst

It is my second guess, the previous outlook was based on the same assumption - if you can not go down then fly. I always rinsed this comeback as a super signal to go long. The middle of the previous triangle is a nice spot for me to go long. But be careful of ECB who can easily destroy al the technical setups.

crazywlst Updated 

The bigger picture still justifies the move to 320 and M15 and H1 both draw a double low patter. The classic way to trade is to buy the break higher and buy. I will consider this option as well. But more fruitful can be reversed way to trade it. I notice more and more double low morph to continuation trade. It starts to play as a classic double low, breaks the...

crazywlst Updated 

I have already tried to play the triangle down, now the market is back to its base and the plan is to play it up to 2000, there is the first target where I will fix 75%. Zooming out the graph, potentially, the movement has just started and 2000 is just a beginning. Anyway, I treat pervious drawdown from the triangle as a bear trap, so looking for bulls to come...

crazywlst

The stage is set: a) rectangular top or channel b) bears were trapped c) weak hands washed out Buckle your seatbelts.

crazywlst

Setup is clear - channel or rectangular top, bear trap, and we are on the verge to come to the previous channel. All the ingredients are in place...

crazywlst Updated 

Friday bear run looks scary but I am optimistic about the paper and I would like to see the break of the ceiling. No targets since the bigger picture is set for something significant.

crazywlst Updated 

A nice triangle at the end of a long way down. Even though we did not face the ultimate action, the chances are the stage is set for upside. The best case is to see the short-lived break down but the solo break up is valid as well.

crazywlst Updated 

I am looking for the opportunity to exploit the wrong positioning in case the market decides to make a comeback to the previous triangle. I put an alert and let it go, in case the setup is going to unfold I have a plan to play it boldly.

crazywlst Updated 

I will short SBER the only way. I want to see some strength at the open, fade in 30 mins, some action at the low. In this case only I am going to participate in a falling knife action.

crazywlst Updated 

I am gonna hunt for the comeback to catch some wrong positioned traders for the downside. Stop loss is tight, the move in case it occurs should be fast and furious, just sit and wait.

crazywlst Updated 

The ideal picture for me tomorrow is some kind of positive in the morning with the break below the cannel line with the the fast comeback and break of the middle line. I will go long to get some reward for being patient.

crazywlst Updated 

... would it be the true break or just a quick crusade, will see I am as usual in a position to grab the reverse surprise in case it occurs.

crazywlst

Current pullback risks to resolve to another leg down. It is strange enough since the bigger picture in cross-asset field is negative (long USDZAR usually) but the picture is the picture. I consider that as a point of weakness and abolish trap so I fully prepared to short it.

crazywlst

HEI had some strong preset but Friday clouded the outlook. By the way, I m gonna look if they needle back into triangle and buy there to see the rush higher. Thanks god for alerts!