MisterFXGuy

MisterFXGuy

Exited EU short for time being and got out with a gain, thankfully. Lots of BOJ drama affecting EUR today. GBP short looks ready on many frames, so I entered at a great price on the 1 minute chart and have a position going into the news. More price projections and chart work to come.

MisterFXGuy

Forgot to post this before entering. Sigh.

MisterFXGuy

It seems we have finally retraced to some key levels and are losing speed going into resistance. We'll have to keep a close eye on upcoming price action as we look for a short entry that makes sense.

MisterFXGuy

This is an interesting entry since we've technically been hitting lower and lower resistance levels even though this short hasn't really "worked out" just yet, despite all the recent drama. Along with divergences in each oscillator, there is a bearish head and shoulders that you can quite clearly see on the 60m and 120m charts. I think I'm going to be brave and...

MisterFXGuy

Confirming the buy signals on EURUSD (in the short term) is this. DXY wants to fill a gap that it made on a few different time frames and is currently bouncing off some confluence of fib resistance. I treat DXY/USDOLLAR as indicators so this isn't really a trade, but worth mentioning for a bit. Oh, and the 1m / 5m has a bearish head and shoulders forming.

MisterFXGuy

Putting a short exit (SL) to protect 35 pips of a gain on a shorter term short that I entered after the original one this morning. 1.1215 will mean 1m structure is broken and I can re-enter a short at a better price if I think it'll fall more. As for the 30m chart, it looks like it might actually bounce here, based on these technicals, so I'm pretty happy with...

MisterFXGuy

Ladies and gentlemen, I offer you... the price grid. This market is much like that of GBP/USD in 2013, no? I'll spare you most of the premise, but to help you understand how this was/is built, here's some key info. (1) "Center of market" Strong downward swings retrace(d) to key confluence levels in smaller frame views (marked by the two lighter purple...

MisterFXGuy

It looks like a strong area of support rests in some levels I've drawn around 1.1250. If we break through that it'll definitely fall more, but that's also the proportional retracement if this is wave 4 (proportional to wave 2).

MisterFXGuy

Perhaps reaffirmation bias right now, but this is what I am looking at. Maybe we're finally ready for wave 2 of an uptrend.

MisterFXGuy

Iffy on this.. everyone thinks long but the chart looks pretty pretty.

MisterFXGuy

Maybe I am trying to force the trade at this point, but I wanted to share -

MisterFXGuy

Too many support levels to list, but I drew lines at them. See the chart for prices. Lots of confluence support from multiple fibs. I'm short at 1.45811.

MisterFXGuy

Scalped 17 pips on a slow session time but hey, worth sharing. It hit my 7712 target perfectly after I missed out on a short then I ran it into my 7733 target exactly as planned and got out. Maybe it'll go more but I am satisfied. Thought I'd share :).

MisterFXGuy

Quick and dirty chart but I wanted to post this before I do better charting. I think it's a nice short entry for this guy. Short at 1.4581.

MisterFXGuy

Consolidating before news release and this is hard to read, but I think the larger frames are exhausted for shorts. Considering the junk dollar, this might be a good buy, but is also an ugly entry. I am considering entering a buy soon then seeing how it plays out into the resistance at the 382 confluence levels in the ballpark of 0.7935. That being said, this...

MisterFXGuy

A quick scalping opportunity, yet again. This thing just keeps going up and down all day - it's great. Strong support at 1.1156 area. Still long in the macro views.

MisterFXGuy

Possible retracement time - support at 1.11561

MisterFXGuy

Elliot Waves have been revealing, as I posted about last week. The A-B-C retracement after the impulse wave before it seems to have been the start of a new trend. Point C may very well be the start of wave # 3 of a larger movement, which of course implies that the strength of the first impulse wave (marked 1-2-3-4-5) must be lesser than that of the upcoming wave...