


rludvik
We should be fine exploiting this rectangle for a few days, at least until drama around oil production cuts settles down with OPEC meetings on Wednesday, and CAD employment data on Thursday. Willing to start opening longs in green area with TP1 at the middle of rectangle (dashed blue line) and final target in/above red zone. And then we'll see. Disclaimer: this...
Let's see how high it can reach before going towards previous low again. Red area is meant for monitoring what will happen, not for all in with shorts :) Potential targets are marked on chart, SLs will be defined on entries. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I marked significant daily levels on daily chart below. Currently it's at level, which served as support and resistance in the near past, so it may dance around it again. Will see how it will start a new week. ABCDE pattern is suggesting short, but I'm not willing to short it from this level. From bullish perspective, entries around 132.00 or even 130.40 would be...
We have here at least 140 pips wide area for scalping. Shorts from red area, and longs from green area. Currently it looks more like a short, but we are just in the middle of our rectangle. Let's see what we'll get on market open. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
With over 80% bullish sentiment, this one could run upside at least until NZD news on Tuesday early morning (CET). Both AUD and NZD turned to upside in the previous week and are walking hand in hand (see composite index chart below). We'll see how it will rollout at 1.0230 -1.0250 level - I'm willing adding to longs on every retrace towards 1.0170 with first...
Here's a possible short term play for NJ. If it will repeat previous actions, the upper red rectangle would be nice for opening shorts with target to the upper green line. At the lower red rectangle new shorts can be added, targeting lower two green levels. Zoomed out view for perspective: Disclaimer: this idea is solely for my own purposes, to satisfy the ego,...
I don't think UJ is ripe for shorts yet. See daily chart for major levels and 15m chart for nice cup&handle development. C&H is suggesting 113.00+ level in case it will succeed. Depending on Monday development, I might be looking for longs from above 111.70, if it will get broken. So, currently neutral, with slightly bullish view :) But if (when) it will turn...
If 0.5585 won't get broken, there will be no "e" and in this case I'm shorting it with TP around 0.54. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Following ABCDE pattern "strategy" (see linked education idea), this pair is in nice spot. We have over 70% bearish sentiment, so there are chances for more upside. I'll be watching action around/above 0.91. In case 0.91 will hold, I'm looking for abcd-a-0, so TP around 0.95. If not, 0.90 and 0.885 are within reach. Disclaimer: this idea is solely for my own...
If there will be no major surprises, this one might work. Plan is to short it in red area with SL above previous highs and marked TPs. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
In my opinion, if 107.00 will get broken, we can see 110.00. If not, 102.00 is in sight with short stop around 103.50. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I did some mess with talking about time for longs in short idea. I see it's better to keep ideas separated (and you reputation is growing :D So, before linked short idea comes in place, there are pips to be harvested instead of just waiting. I set trade as charted. At TP1 I will take some off the table. Disclaimer: this idea is solely for my own purposes, to...
Here might be some opportunities, let's see whet Monday will bring. If upper green will be broken (and not in a way like hot knife through butter, but slowly), the lower one might be next spot for longs. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Don't want to fall into bull trap, but also not into bear. I'd go with another short at least to 75.00, but the greatest question is from where. CJ dropped almost 13%, so it has some space to bring things in. It might encourage bulls here at current level and then stab them in the back. Will monitor it around 80.60, which corresponds to 0.618 level of the last...
Fun times. One has to switch to monthly charts to spot previous lows or highs. I might skip trading this week so things can settle down. Or, if I'll have time, do some scalping. For this I use "composite index" of major pairs plus CNH (or CNY) on different time frames, which shows me direction for each pair. It's not precise as a scalpel, but still can be used for...
It looks tempting for longs from the bottom of this rectangle, but with over 80% bullish sentiment, I'm not that confident in longs. I shorted a bit from here already (like it's charted with Short position), looking for at least 50 pips at TP1. Later on another short could come in place from the same area or from the lower rectangle border - depends on how far it...
I'm short on this from 105.123, looking for marked TPs. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
We might get here similar rollout as with GBPJPY (linked idea). Area between -0.272 and -0.618 seems like a good spot for targets. For entering shorts, I'll watch action on 4h in res areas - the lower one looks promising, but it can also get back to the upper one. SL is yet to be defined, depends on entry. So wait, watch and act appropriate :) In any case, I'll...