Frugal-One

Frugal-One

Aussie dollar strengthening I will be focused on FX:AUDUSD however it's great to see other pairs with the Aussie looking up.

Frugal-One

My main pair is really AUDUSD. However, aside from using TVC:AXY for general direction, it is more reassuring to confirm forecasts with major pairs with the Aussie dollar in them..

Frugal-One

On the weekly time frame we are in a down trend lower lows lower highs. On the daily we are reversing from support turn resistance levels.. However, due to dollar's weakness and increasing strength in Aussie dlar we can capitalize on a short term bullish run.

Frugal-One

trade log "The dollar". affecting forex dollar pairs

Frugal-One

We had a nice strong push into resistance i'm looking for some rejection around these levels for a nice R/R trade.

Frugal-One

Bearish. not sure how much more it will consolidate in range but should bust to the downside in a matter of a few sessions if not today(20th).

Frugal-One

I'm looking for a break of today's lows for a continuation to the down side. Don't ask me the time, but it's shaping up pretty well as momentum is pushing to the apex for a decent sized push to the downside on the daily.

Frugal-One

Quick short push back to mid support at 136.29... i do expected in the longer term USDJPY to be bullish but for now it needs some higher lows into support for a potential breakout.

Frugal-One

Let's test this resistance to see what's out there before we call any suicidal bets.

Frugal-One

I do believe that it looks short for the most part. But i can't help but seeing that everyone is short as such.. You might want to either sit this one out or play very careful it could easily be a bull trap.. everything is too obvious. But let's see

Frugal-One

Alright folks let's dive into this one. Key pointers: 1. The fed reassured this week that there will be no pivot. This erased like a rubber all rallies that took place in record style in the stock market. 2. The AUDUSD was tremendously volatile more than it's usual. 3. It was supposedly suppose to breakout with a stronger relief rally however the reassuring of...

Frugal-One

We tested support in a channel like structre with volatility and volume but could not break it. Hence my two findings: - We are close to getting a weekly breakout - Bears are covering - Institutions are loading for a possible 0.6700 test in the coming weeks

Frugal-One

I was right on friday about us looking weak and needing to sell off and i do believe i will be correct in assuming we have a lil weak hand bull to shake out before we press to thhe upsides upwards of about 405

Frugal-One

Either testing of multi month lows or, We'll fake out before reversal.

Frugal-One Updated 

I do thought we would have had a stronger push from the Yearly lows but it was over the next day quite tall tale they those were shorts covering not much buying.. massive covering.. but there is still too much weakness given this we may end the day over 1% or closer to it. > Possible double top play also a channel

Frugal-One

Expanding wedge, generally bearish and not a good general market indication for spy. However, i believe this will be a fake out type situation and we may see 358's or 359's before a reversal to the upside otherwise we made see a huge move downwards. VIX Looking strong here as well despite it being right at oversold levels, there's not a weak enough setup...

Frugal-One

Looking for the bear market rally to end within a few weeks continuing to the downside... The US dollar is yet to have peaked IMO

Frugal-One

Not the safest of plays but for a quick multi-hour scalp look out for volatility Need to clear resistance before confirmation of reversal.