SergioMontanoTYMIW

SergioMontanoTYMIW Updated 

One can enter this trade by waiting for the breakout, waiting for the retest of the breakout, or you can start accumulating lightly right NOW!

SergioMontanoTYMIW

Its risk ON! Buy the Kiwi, Buy the Aussie, Buy the Euro...or dont? Take my analysis with a grain of salt, but when I see a double bottom, hidden bullish divergence on a daily time frame, and the fundamentals line up, I tend to get excited!

SergioMontanoTYMIW

US dollar is going to be sold off - Draghi has told us RISK ON Go with the impulse in this case the impulse is to the up side.

SergioMontanoTYMIW Updated 

Sorry guys I used caps to try and capture attention please let me know if it attracts you or pushes you away. We have a H&S forming with perfect symmetry using fibonnaci. Move down from 103 to 99 looks impulsive to me Therefore this move up from 99 to 102 can simply be a corrective pattern to the upside (using momentum indicators to help you with this...

SergioMontanoTYMIW Updated 

Two likely scenarios based on my simple Price action analysis - We are at dynamic support with long term EMAS and we have approached a key structure level @ 1.0625 1) We pullback and continue this move to the upside 2) We continue down, and we sell of the euro hard

SergioMontanoTYMIW

Becareful trading the beast - but we have a nice breakout of the trendline and the impulsive is to the downside - give this thing a little wiggle room but we should be hitting 140

SergioMontanoTYMIW

Notes on chart - simplicity is best

SergioMontanoTYMIW

Gold popped during London Session, now we have some bearish divergence approaching a key psych and fib lvl @ 1250. I am short here - looking for a retrace back to minimum 1225, however 1200 would not surprise me

SergioMontanoTYMIW Updated 

Lets play off that euro strength after FOMC released the minutes .618 fib retracement from FOMC minute impulse holding as support Go in now or wait for break of the bull flag - ** NOTE id keep the stop tight on this one

SergioMontanoTYMIW Updated 

Lets take a short here why not, we have some bearish divergence on smaller time frames. 1.3200 is a psychological level and we have been in this tight 300 pip range since beginning of February lets see if this continues

SergioMontanoTYMIW

I think we should have dollar weakness come Asia and London Session, and a level off come New York waiting for FOMC Minutes. We have a nice double top here on the DXY @ 101.53 - so this could be a catalyst for for the pullback

SergioMontanoTYMIW

EURUSD is in a downtrend, so lets SHORT!SHORT!SHORT! - actually lets wait look at structure and maybe we need another move up before the bullish correction is over

SergioMontanoTYMIW Updated 

This is a careful short here - we have a beautiful risk reward so position size accordingly we have not had a signifcant pullback in the Aussie since it started that rapid ascent which I and many others had called back in late December early January. Reasons for small short: Overbought stochastics (take that with a grain of salt) Momentum is slowing (no...

SergioMontanoTYMIW

We've had amazing optimism from Janet Yellen on Feb 14, really strong CPI, Retail Sales, and Manufacturing numbers on Feb 15, which have sent the US Dollar to all-time highs for February. We can see a key break out of this descending trendline, then another key breakout and retest of this previous support that turned into resistance. Thats enough for me to add-on...

SergioMontanoTYMIW Updated 

Reasons for trade on chart!

SergioMontanoTYMIW Updated 

Looking to take a long this will be will be a long term trade - gotta let this volatile pair float a bit. Why take the long?!? Beautiful Double bottom here on the EURNZD RSI OVERSOLD Bullish Divergence - lower low on price higher high on the AO

SergioMontanoTYMIW

We had some fakeouts, and many people are expecting this bear flag to finally break out and take us to the 1.2600 level. However looking at oil's inability to make higher highs and the Bank of Canada talking down the Canadian dollar we could see the USD shoot up against a majority of its peers.

SergioMontanoTYMIW

This move up on the Aussie has been corrective in nature - that being said my bias is to take a trade with the trend in this case to the downside. We've formed a H&S and momentum is dying down, we could have a little fake out to the upside and then come down. I am aiming for the .7450ish level