


MisterFXGuy
I was looking at an old post of mine and wanted to share this again. I opened it up, extended the fib lines, and click "Publish Idea". Here's the original -- Enjoy..
We're bouncing at a fib confluence support level, it seems. The candles look bullish, but we'll have to see. This implies dollar is due for more action as a result of the heavy weight news volume in an hour and 15 minutes. I'm long from here, but with a half stop at 1.1110 and a full stop at 1.1105. To filter out the noise, I'll enter a short on a strong...
My last post seemed a hair off, but in hindsight, it's because I used the first of the two major lows on this upswing. Silly me. Regardless, this post shows the cloned blue box placed on the proper low, showing the high of the candlestick bodies perfectly. I've done the same with the retracement (red) boxes, but have used and started on the wicks. This should...
Time to play the fall for a couple pips.
Just for a retracement. Dollar is crap indeed.
A good scalp, nonetheless.
I made a private post with a massive explanation of the several drawing tools that weren't hidden. This public post is differently tailored to just show a simple view. The blue box of the 03-07 bubble was placed ignoring wicks and respecting the specific candlestick bodies that started/ended the upswing of the bubble. It was then cloned (again, ignoring wicks)...
The red resistance lines are resistance targets derived from past data using proprietary methods which I've deleted and hidden from this chart. That being said, we pegged one. In this same consolidation period, we've been forming a bearish head and shoulders pattern, some nasty looking candlesticks on this and larger time frames, and have now defined a triangle...
Following up on my "Time is running out" post from 13 days ago, USD hit the target for wave 5's completion (at 12060), as expected. Some price action basics, a wedge, head and shoulders, etc, later ... now we start the next chapter in USD movement. I'll make another post with support projections, but we of course have to first power through the same support...
Following up on last week's post, but going down from a 3D to a 1D chart, the rejection at this cross section of resistance is becoming obvious, looking at the price action basics and oscs. I expect downwards movement to roughly the same proportions as the prior correction in June 2015, but these price characteristics are that of a POSSIBLE start of a wave 4. ...
I'm tired of waiting for this thing and it's finally showing reversal signals. GJ filled the gap, or at least to the 786 subdivision. I expect a fall, even if this isn't the ideal entry.
Roll the dice. I decided to hide the fun stuff that I drew the lines with, this time.
Looking back to 2012, a harmonic "M" kicked off this wave. The strong movements in January 2015 could be the inner wave 3 of 3, which provides a nice starting point for analysis if you consider the retracement to 1.19676 back in early May 2015. Red resistance lines were manually drawn at confluence targets derived from subdividing the dark purple boxes (well,...
While there is a lot of hidden parts to this chart, there is still a clear indication that the cloned fib time is still in play. The 1D looks very short, and the clock is ticking. If we break the recent high, 12033 would be the target to enter what will probably be a great short. If 12033 doesn't show a good reversal signal, the proportional (to the 1st) 5th...