thillygoosth

thillygoosth

Uchf breaking out of diagonal. Refer to last nights markup.

thillygoosth

I talked in depth previously about the huge potential downside on Ncad previously wave pattern wise. It looks to be faking a head and shoulders based on the price action and should further correct. May get a flat. I hope we do. The sell is what I am most interested in. Be best to see a spike down and then it coming back up considering NFP. If you want to see...

thillygoosth

Uchf obviously in a down trend. However, It is at a pitchfork as we speak as well as 1.27 extension to its leg. Obviously, or at least it should be obvious to you, you shouldn't try to make a living at trying to catch reversals, safest to wait for price to actually go, then pull back, which takes time. I personally will take some shots on things like these, but...

thillygoosth

As of right now it is poking above trend line of 5 wave diagonal, the 88% fib, the 1.236 fib extensions of both previous corrective moves and 50% pitchfork line. I ain't calling anything, just sharing this info.

thillygoosth

I'm out of Ucad btw. Wish I would have profited more of it. But I don't like what I'm seeing anywhere in the market and why would I, nothing at a safe entry point. NFP tomorrow. I will wait for better confirmation and safer trade entries. Ucad has the look of a bull trap but I ain't selling, I ain't entering nothing. I still want the buy, but why take unneeded...

thillygoosth Updated 

Considering Echf broke to the downside, I feel that Gchf will follow. It retaced 50% with an equal corrective measurement. Can it go up more? Yes, it is Gchf, but it seems to be in need to correct down more if it is to continue up, I feel like where it double topped was the "extra scare". Different ways you can do it. Sell the breakout (which it already is on...

thillygoosth

I got back in this considering how it consolidated and basically made a flag for a buy. The level we want to see it break is that green line right above it. Probably at least a scalp to 9.600, possibly much more, I would look for it to break trend line and at least form a rectangular channel. My TP 1 is 9.61279, TP 2 9.6949

thillygoosth

I feel so stupid considering I had perfect buy entry earlier, and also because I fel like I never took the time to properly look at this as a whole. It is possible it produces a nice sell setup, but considering everything I would at least expect it to hit that 618/equal length, possibly much more. EA told us exactly what it was doing, I was just to busy looking at...

thillygoosth Updated 

If Chf/Jpy is making an ending diagonal to come down then this last wave should not be longer than this 3rd wave, since wave 1 is longer, and would be the longest which is typical for an ending diagonal... See my circled price

thillygoosth Updated 

Chiffy has gained strength today as yen weakened. Echf has already retraced as far as it needed to as wave 4, but, it can consolidate more. Wave 3 did extend so it is more likely to produce a wave 5, rather than continuing to go up, at least by wave theory guidelines. but with fomc today if echf breaks to downside could be nice sell.

thillygoosth Updated 

Also breaking out of diagonal at equal length in structure. Strong downtrend, very oversold. Just produced a small buy setup on 1 hr but still no TRUE confirmation. Daily bollinger bands curling up hard. Might look for possibly larger corrective structure possibly turning this diagonal into a pitchfork, or look to test the low of first wick in diagonal...

thillygoosth Updated 

looking to take it to the .86575 level.

thillygoosth Updated 

Self expalnatory

thillygoosth Updated 

However, has not been going down aggressively, but should at least scalp to low. I am only pointing this out because cad has been strong today and AU has leveled out. If AU drops, ACAD may retrace down a bit. Plus Ncad has given me some nice pips off the 618 on a sell, and could possibly be doing a head and shoulders... Possibly, but you gotta be careful with...

thillygoosth

I called this buy off the .618, and I said then that Ucad would actaully be equal length up to the other .618 off the 786 and it could go down to it, well that's where it is. Potentially massive longer term buy, but I am having a hard time finding the balls to call it, but I bought it. It breaks that level I'm out though.

thillygoosth Updated 

Looking for those targets, then depending on how it shakes out may get another push down if this is corrective. It should ultimately hit the 23% OR 38% at least considering its wave, could go a lot higher but can't just expect it to. It broke a major consolidation so I will continue to look for downside longer term, but this correction could take a while.

thillygoosth

CJ broke out of diagonal and could extend up much further to the 50 or 618%. However, my entry was much lower. Probably at least hit the 89.00 level again. But just looking for a deeper correction before continuation for further downside. Cad numbers real good this morning, then it wicked hard and is moving back up....

thillygoosth

It can go more but that was where I was looking to.