stikytrading

stikytrading

The NZD is strong according to livecharts.co.uk and the DXY is weak right now. It is asia session. NZD is reaching former highs and there is a daily resistance level around .63936 I am using for a TP and there is a RBR around .67700 that I am using for a stop. Entered Market Execution. TP is also at a 1.618 Fib Extension off current move. Drawn from around .66919...

stikytrading

The Yen is strong based on the livecharts.co.uk currency strength meter and although the DXY is sideways, this should be a short trade. The DXY is stuck at a H4 DBD and barely made it past the 38.2 Fib level on the H4. It will probably eat up some of the big blue candle on the H4 coming down to my TPs... Previous support on the USDJPY is below 105.3 Possible TP3...

stikytrading

Based on what I have learned from Curtis Kobane, bitcoin gave a warning shot today before it rocketed down. The candle that closed just below the last line of defense demand zone was the warning shot.

stikytrading

This shows the Gaps and how close the higher one is to the current 78.6-88.6 level. Based on the smooth stylings of Curt Kobane...

stikytrading

The Hash Ribbons appear to be getting smaller or closer together and there are only 2 lows that need to be reached to clear out all the CME H4 Gaps. There is one between 8850 and 8910 and another between 7610 and 7660.

stikytrading

BTC was emotionally hijacked during March and April but seems like it is returning back to it's technical sense. I have outlined some possible supply and demand levels taking into account the false moves BTC has been making over the last two months. Supply and Demand are based on the Kobane method of using the 78.6% and 88.6% Fibonacci levels to identify supply...

stikytrading

Seems like NZD will break out of it's range finally. Should head down to at least daily demand. The H4 supply zone has been visited but the H4 Demand zone has been seen many times. Good economic news for the US this week may be key to taking this pair back to the daily demand zone. If it does, expect price to rock out of it since there was not many orders taken...

stikytrading

After the rocket up BitCoin took last week it looks like it made it to a Daily supply zone they will drop it from prior to the Halving coming up on a week and a half or so. Based on the Daily Fibs, it looks like price will fall back to the 6000 range over the next week or so in anticipation of the slow rise after the halving. Daily demand around that level will be...

stikytrading

Based on Bitcoin action and how XRP follows it, wait for price to retrace into the 50% - 61.8% level and then go long to 1.382% for TP1 and 1.618% for TP2. Those TP levels also coincide with Resistance to the left...

stikytrading

This is my first try at setting a pitchfork against a harmonic scan.

stikytrading

EUR JPY Short Trade Idea. Waiting for price to come back into supply

stikytrading

EUR USD Long with Two Targets. Waiting for Price to retrace into demand

stikytrading

Not mine but passed on to me

stikytrading

So it took a while for this trade idea to start working but it is currently profitable 50 pips. Since we are short, there was no need to exit the trade for the weekend to avoid interest charges. There are lots of critical news alerts for the USD and one for the NZD this week but they should not change the direction of the trend. We do expect price to come back and...

stikytrading

The USD looks like it is going long so we are looking to short the pairs with the USD in the quote. This pair looks like it is nearing a 2 candle base on the H4 and with Daily support in a downtrend...

stikytrading

AUDJPY nearing a strong supply zone identified in the following chart. I am placing my entry 5 pips below the proximal in case they wick up and then go back down. The first target is in a demand zone with a wick behind the wall. The second target is also based on a wick behind a wall. I expect this trade to kick off on Tuesday based on the ATR but let's see what...

stikytrading

This is a final update to the CAD/JPY trade idea I published on 2019-10-06. This trade idea is finished. May be time to take it down for a while. I am showing the Daily chart so everything fits.

stikytrading Updated 

Current price is low on the curve and may retrace into a previous demand zone. The zone is from 80.164 to 80.045 and is formed on the idea of inside candles. The 4 candles in the base are all inside candles. The zone has been pierced but there was more buying pressure on that candle so we can expect price to come back in and find more buy orders. Targets are based...