Dannymax

Dannymax

Longing a daily level

Dannymax

Let's see how this goes

Dannymax

AUDJPY's trend is reversing, if you didn't take a short near the top there is a high probability that it will return to test an untested daily level which is our entry short before continuing downwards. I will get out of this trade on a close above the red dashed line.

Dannymax Updated 

Stopping out on a close and open above purple line on the 1 HOUR. I am targeting an untested level

Dannymax

The 2 green lines are where I'll be longing, I'll get out on an open and close below them on the 4h.

Dannymax Updated 

Momentum is dispersing, I still think in the bigger picture EURCHF is going up but for now it needs to regain some momentum by hitting a level. The idea here is to short the green line and stop out of a trade on an open and close above the red line.

Dannymax Updated 

I am convinced that the monthly on audcad is still going lower. The distribution structure currently forming on the daily does NOT seem to be capable of building up bullish momentum in this area. Which is why my longer term outlook is bearish. For this trade most of our business will be taking place on the 4H. The top white dashed line is a level that we have...

Dannymax Updated 

I am looking to short the red levels, I found them off of the 30m 15m and 1H charts. This short is justified by the distribution pattern starting to form on the 15m 30m and 1H. The Stop loss is a candle opening AND closing above the blue dashed line on the 15m, the take profits is an hourly level.

Dannymax

Costco has hit a 4H level and is building up momentum to the downside. I will be getting out of the trade on an OPEN and CLOSE of a candle above the pink line on the 4H.

Dannymax Updated 

Well what can I say, it's in a downtrend and we're going to test the next closest level...

Dannymax

Why, What, How dare you! I am sure some of you may be thinking that right now, let me explain. Bitcoin had a great run, it really did! But unfortunately the good times don't last. We hit a yearly at $13920 which we had a massive rejection from. We have been distributing for the last 4 months decreasing this bullish momentum and preparing for our move down. The...

Dannymax Updated 

On gbpchf we are near an untested monthly level, flip you brain to long mode and start searching.

Dannymax

GBPJPY is approaching some significant levels, this could be an area where it reverses. I will be waiting on looking on smaller time frames like the 4H, to find an opportunity to short.

Dannymax Updated 

The Red dashed line is your short entry, the blue line is your invalidation point if on the 15m a candle opens and closes above it. Dashed green line is take profit point.

Dannymax Updated 

What's up my friends. I am presenting you with a USDCHF Intraday scalp idea. Might happen before Friday close, might happen on Sunday, no biggy.

Dannymax

OK, the GBPCHF short was pretty sleek, but I was looking for the longs too early. Now that we are actually close to the area this is what I see, I don't think you should hold it all the way to the final target. Take profit along the way.

Dannymax Updated 

The red line is a 4 hour level, it's likely that we'll see GBPCHF pop back up to the level and then return near the swing low. If you look at the 1H for GBPCHF you'll notice is has A LOT of momentum to the downside, which makes me think that it will fail.

Dannymax Updated 

It's looking like GBPCHF will come back to test some levels that I've marked with green lines, in order to gain momentum to test the daily levels marked in red. -It's looking very bullish because we've close above the previous swing highs that created our low.