MisterFXGuy

MisterFXGuy

As crap as I see the dollar and e-mini, lately, I still have to recognize this. A true corrective wave should have A and C (of the ABC) mostly proportional, and the B wave should have the same properties. Looking at the daily, we might actually have that. This idea came to me when realizing that wedges / massive consolidation usually occurs in 4th waves, which...

MisterFXGuy Updated 

A new wedge, on the way down, has formed.

MisterFXGuy

We shall see. Simple quick idea.

MisterFXGuy

Figured I'd share.

MisterFXGuy

The daily implies more, but maybe a double top is needed beforehand. Either way, nice little scalping action here, in the meantime. Here's a little grid to assist the coming days.

MisterFXGuy

The 30 minute looks quite short at the moment, but that doesn't exclude a breakout.

MisterFXGuy

Double top, triangle.. if it can break through some pretty major support, the fall should be hard. Yes, I made a contradicting post (intentionally) making a case for the possible long play here. I am therefore leaving this post "neutral".

MisterFXGuy

Is it finally time for some retracement upwards?

MisterFXGuy

I've been continuing the clones, but all of these levels were derived months ago. Original posts are in "related ideas", below. Yes, I know these charts aren't the prettiest. There's a reason I call this particular saved layout in TradingView "EU Chaos". The USD 240 minute candles look rather interesting, quickly finding support on the key 12060 level we've...

MisterFXGuy

Correction, at the least.

MisterFXGuy

This one might play out nicely, even if it's only for a minor retrace. The box and diagonals were cloned from the data in my original AUDNZD posts. See the referenced posts for the original.

MisterFXGuy

Weeeeeeeeee

MisterFXGuy

Depending on if you clone the cycle to the low or the high, September 20th or 24th might be interesting. Probably the 24th, considering unemployment numbers come out... and the 20th is a Sunday.

MisterFXGuy

This is for macro only, not smaller frame / more accurate stuff. Just sharing to archive for later, pending the upcoming...

MisterFXGuy

Scenario A. Will also post something with resistance targets in case things go to the moon, for some reason. Posting this to look back on later. I'm not holding anything going into FOMC, but will scalp the aftermath.

MisterFXGuy

Bounce drop pop lock flop c ... what happens!

MisterFXGuy

Such a major decision point here. If we manage to fall from here, which is certainly possible, EUR/USD should rally at the same time. I'll consider this setup "failed" if we close a 60 minute candle above 12050, but there is hardly any room to breathe from here.

MisterFXGuy

Played the short, played the bounce, played a short scalp, then we rallied back up after that to the same diag resistance we've been playing with since July. This might be an awesome short entry. We'll see how the next few candles go.