hope.bleecker

hope.bleecker Updated 

I am in from lower and am waiting to see what this does, so not forcing the add but I will add when it breaks the trendline. It is a countertrend trade, with the daily timeframes hitting 127 fibs and bouncing. I'd look for about .7495 max with the stop below the uturn. Thanks and we'll see if it runs. will be a nice little scalp if it goes.

hope.bleecker Updated 

I have been selling eurjpy. However, I am currently in with a hedge buy on this pattern back to the D extension at about 133. Not sure this will make it. However I took a 127 pullback and am getting ready to go break even. Still selling from earlier in the year, but I can't resist this possibility to fulfill the pattern on the daily. I will resell above 133 likely...

hope.bleecker Updated 

Selling now.. Stop at 1.5943 Target 1.5225. I've sold this a few times off 15770 but it's in the infant stages of selling. Will update. Thanks

hope.bleecker Updated 

USD Canada has recently formed the B high of it's latest up ABCD pattern. Look for pullbacks into 132.. reassess and then maintain the sell to 131. Should provide at least that type of a drop into the .382. we will see if we get it. I sold it on the top on Friday and am now adding into it. The Friday news provided an incredible opportunity to get on that one, as...

hope.bleecker

I have been taking technical trades off SPX short for a while and this week am re-entered back into the trendline and looking for the break. If you are not on this, wait to see what sort of movement we get on the dollar today and see if you can get a technical pullback... if dollar retreats (and I don't think it's going to) then you will get a great pullback. So,...

hope.bleecker Updated 

AS PREVIOUSLY HIGHLIGHTED IN MY IDEAS. While I am on break I will be updating on twitter at Elpidos Trading's address @hope_bleecker. Thank you.

hope.bleecker Updated 

I've had a couple of excellent rides on this. It returned to test the crown level yesterday at around 60 and resold. It's formed a bear engulfing overnight and looks as if it could begin breaking into lower levels. Should make it down below 170. I will be making more posts on Elpidos's Twitter @hope_bleecker. Take care and have a great ride.

hope.bleecker

The C has been formed and we are heading toward the D at .92, which is typical of the pattern and intersection of confluence with another uptrend line. For the short term trader, expect the 10929 area with a bounce there. You may look for resell at about 10990. If you are not in, I would let the stochastic on the 2 hour get into the sell zone and take the trade ...

hope.bleecker Updated 

I have another position from 15885 selling. Have pulled most of the profit off of it. I am reselling this because it's coming near the back of a broken up trendline. Selling the top of the consolidation range down to the bottom of the consolidation range. If it gets going most of it will exit at the bottom of the consolidation range. Currently in from 15735 and...

hope.bleecker Updated 

I am waiting for structure to appear on usdjpy for a short trade back into the 107 areas and lower. This pair is trading in a channel and the negative price action on the dollar is also sending the yen lower in a risk off environment, hence the yen basket buys. As you can see today June 6 at 8:00 am, we have been in buy mode on the yens for most of the week. My...

hope.bleecker Updated 

I normally do not trade this pair, but I am in this from the 8390 area looking for higher resistance. We are getting good pullbacks to day with the cad going lower. I feel this this needs to tag into the 88-89 area before selling again on the higher timeframe. Oil news comes in today and we will see if this can run a little bit and maybe the C can stay in place. Thanks!

hope.bleecker Updated 

Watch your FOMC minutes today. Kudos to those of you who sold the pullback at 1.18. we are heading to right tip of the crown at 11570 with the price action dipping below 117 today. Let FOMC come out and then just get the pull back or sell the trendline breaks into that level. Have fun. www.youtube.com

hope.bleecker Updated 

See Notes. Thanks and have a great weekend. I started selling on Wednesday and have taken some off support. If that Bearish action continues keep selling into 1.8959. I am still looking to buy into 2.0278 with the uptrend, however this could pullback into that support level before we begin going up again, so my longs are off. Thanks!!

hope.bleecker Updated 

See chart notes. I am looking for an up move on this pair off of support. I believe that the FXCM dollar index will buy to roughly 12200. However, I am beginning to look for wave retracements within that larger bull move. Today the aussie could provide opportunities to retest support and eventually provide buying action throughout next week higher into the .382...

hope.bleecker Updated 

See the chart notes for a trading plan on this and have fun buying or selling when we get the break.

hope.bleecker Updated 

I entered this yesterday with a timestamp of 15:01:33. Overall the market is in search of more down. Looks like it's about 20 pips out the gate now. Leaving all the euros on for more selling action today. Thanks!

hope.bleecker Updated 

I have been trading shorts on Nzd pairs for two weeks and have not taken profit on this so I am removing it. It certainly can drop into 8960 area. However I will be coming off this position now, as it is in a larger uptrend. Oil is mid-range and can jet to 71 bucks a barrel. I will watch this daily trend line for support and will let you know when I resume...

hope.bleecker Updated 

Selling the C pullback of the pound canada this morning with the shooting star set up on the 15 minute. Take small bites out of this one... Go 20-50 pips.. Thanks and I hope that you are havng a great morning!