#EURUSD - what's the play for the week? - 30 min chart / pure-momentum game plan - bell-shaped curve with central volume node, looking attractive above - 5-period ROC divergence in play - long position signal 30-period ROC crosses neutral - no signal, no trade - target 0.998
would like to see a re-test on that range top, then moving higher. light volume this morning with NY being on a long weekend. should see more action as we move into the HK session.
Gold looking rather weak above mid-range in the Monday NY/London overlap. Nice area to lean against for a short play. Measured move to the downside.
USDJPY -nice divergence coming into the monday morning ny/london overlap. -likely to meet with heavy resistance at the inside swing lows. -looking to enter a short trade, with target upon return to support.
Aussie-Dollar is looking strong. Looking to sell into that divergence at the Oct 27 - Nov1 swing low area.
taking a long position this morning above the 1.313 handle targeting the Mar 2nd swing lows
#cable looking for some downside here. let's see if she can reach mid-line support for the long setup. divergence playing out nicely in this range. targeting the march 2nd swing lows.
- #cable rejected above the previous swing high - looking for a long position in the previous gap fill, targeting the swing lows at the top of the measured projection
#cable approaching the March 2nd swing low area. looking to enter a short trade on rejection, with a mean reversion target.
Wait for price to print a higher high above the range. Place a sell stop just a few ticks below the previous range high. Protective stop just above the new high / then trailing 2 swings behind.
long position above the 1.305 handle, targeting the recent swing lows
cable doesn't look too happy about having to visit the 1.30 handle long position above 1.301, with targets at the previous swing lows
Entry only if price leaves the diamond area (green dot) , s/l just above the right shoulder. Target the previous swing high. No confirmation, no trade.
#cable just flipped the lower range and there is promising support above the descending neckline. looking to enter a long position on a re-test near $1.361, targeting the upper trendline at $1.369 s/l at $1.359
$BTC trading range defined. Volume is on the rise. Short from 43.5 handle / stop loss above the trading range. Target the measured move on the opposite side.
Looking for the following to validate this setup (no validation, no trade): >failure at the 38.1 handle >retracement to the 37.1 handle (long entry at the second 5 min test / w bottom) >2 period ROC / 3 10 osc / indicating long trade entry this is a trend trade, so a slightly wider stop is necessary. targeting the jan 10th swing low at 39.6
Cable broke out of recent range to the upside. Look to take a long position in the demand zone, ahead of the London open. Take profits off the table along the way, close out the balance in the next supply zone area.
$BTC Trading Range Rejection this morning. Looking for a retest of the supply zone and short for the bottom of the range.