failathon

failathon Jul 6, 2014

Inspired by @aceofswords Bullish Plan 1. bounce support at 113.800 to 115.500 and beyond 2. enter on bounce Bullish Alt Plan 1. bounce support at 112.939-113.386 2. enter on bounce Wrong below 111.680

failathon May 16, 2014

aggressive play over. symmetrical triangle on 30m, aim for resistance at 9712

failathon May 16, 2014

Not to be taken seriously -- experimenting here First 1.618% fib target hit Sep 2013 0.5 pullback meant not enough for another 1.618% target (0.83208) 0.618 pullback - more downtrend but trend is becoming compressed trendline from 1.06 supports FALLING WEDGE theory it has broken through too quickly however - it should have gone 0.86 then broken...

failathon May 14, 2014

let's see how it fars at 1290 though to complete the idea if bounce off 1290 - failed H&S, back in trend otherwise, trailing stop time!

failathon May 14, 2014

EDIT: sorry - meant to say AUDNZD, not NZDUSD... At first it looks like a triple top But simply could be a double bottom with a triangle idea Caution here .. Risky play would be short inside the tri with a trailing stop then prep for an upswing closer to 1.07-1.0722

failathon Apr 27, 2014

Not convinced we are going to see more downside just yet Lower high could be a MINOR lower high suggesting that we've got a corrective dip here Which puts us further into a Rising Wedge pattern Am looking for some upside to 1.395-1.40 & indicators to show overbought on both short/long term Then I'm looking to short this all the way down to 1.347

failathon Mar 13, 2014

Plan #1 With respect to 1.67426 (2011 high) Potential to swing up to 1.68 Puke target of 1.633 (50%) With a stop mid-way at 1.64516 (38.2%)

failathon Sep 9, 2013

Looking set on both chart & Stoch for a downward swing to test support @ 98.002 Be prepared for false bear popping its head around 107 however

failathon Aug 8, 2013

Previously thought we'd be going short, but some new support has formed Could be looking at heading to 1.3700 Or a false bear and slam straight down to 1.30

failathon Aug 4, 2013

Trend volatility is still high Possibly expect 1x last test of wedge line before falling towards 1.31130 & 1.297 support tests

failathon Aug 4, 2013

Slowdown.. testing upper wedge line several times Also ADX + Stoch confirm slowdown However, 98.245 has become Support inside Wedge (confirmed - 3 bars on support @ 50%) Previous estimate of heading to 95 now highly unlikely More likely that we are headed to test 104 in lieu of the Weekly chart - if we do breakout but fail to breach 104, then it's going to be a...

failathon Jul 24, 2013

Weekly Wedge forming Downward wedge in last 10+bars Failing to punch thru 100.758 If fail, looking at target of 94-95

failathon Jul 18, 2013

Continued selling pressure If continues below 1.30830 Target/next support mark @ 1.28

failathon Jul 4, 2013

Confirmation needs Support test @ 1.500, then Resistance punch-thru @ 1.51560

failathon Jul 3, 2013

Chat with @nawras.elghorani