TayFx

TayFx

15:44:04 (UTC) Fri Oct 16, 2020

TayFx

Inverted head and shoulder (bearish reversal pattern) printing on the 4-hr timeframe. This can be used with the previous confluence of the daily morning star that printed earlier this week, posted below. This will be used to take in direct alignment with trading for tomorrow's U.K. and U.S. session's.

TayFx

Bias remains bearish with the daily-pattern shown earlier this week, posted below. PM me for myfxbook!

TayFx

Additional confluence on the daily timeframe to a bias I'm still holding short from last week.

TayFx

Bias remains long--w/ a new confluence added as the daily candle printed for 10/13 a daily-time frame morning star pattern; bullish engulfing.

TayFx

Long bias to 95.5 from the morning star pattern that will print in 2 hours when the DXY index closes/opens into the Asia session/ U.S. equity futures.

TayFx Updated 

EUR/NZD Short 13:08:52 (UTC) Tue Oct 13, 2020

TayFx

After a week of null volatility, during the U.K. session the first volatility of the weak kicked in. Trading setups this week were hard to call, with over 4 day's of illiquidity on even the 4-hr+ timeframes.

TayFx

Remaining bearish.

TayFx

Structural rejection of the 61.8% fib combined with the ATL should give a nice impulse push to the fib extension shown. Overall it's been a slow week of volatility strangely.

TayFx

Good comparison which I will be watching closely this week. The VIX is calculated using a "formula to derive expected volatility by averaging the weighted prices of out-of-the-money puts and calls.” Using options that expire in 16 and 44 days, respectively, in the example below, and starting on the far left of the formula, the symbol on the left of “=” represents...

TayFx

Despite VIX above 26--which mathematically suggests a bearish SPX-- we can see the Euro barely showed relevance to USD inflows seen over last nights futures session. Going into the Asia open, my bias remains short for EURUSD as shown on Sunday of this week's market open in Sydney.

TayFx

Update for the current structure on the bullish uptrend (medium-term, 4-hr-1D) which suggests after a day of failed inverse correlations that there could be some price action for the next 32 hours of trade. 21:23:24 (UTC) Wed Oct 7, 2020

TayFx

Long Bias going into the market's reaction later at 1800 UTC.