hey sorry this is such a mess i tried to record a video multiple times but my web browser just isn't able to upload a video but i just love the way you trade i went through your posts and ide love to chat with you and your opinions of the dollar during this next week with all the news coming out and interest rate decision, personally im a dollar bear but going to...
a perfect .618 at a role reversal and a monthly pivot top, this is great example of trade to take
the monthly swing was so damn perfect and within the month the weekly swings where absolutly textbook, with perect role reversals and fib levels just so sexy like a perectly cooked steak, this is why higher timframe and larger view technical anaylsis is key, if you saw the monthly bull swing then you could justify you weekly swings, now that the monthly target has...
no more words on this one, ben that was an absolute perfcet trade using downthory also like you were studing the downtrend had ended and started to make high higghs and high lows on 1 degree smaller than the head and soulders, those shots you have to take, dont beat yourself up we sarting to win at this but can make money on the sidelines gotta suit up and step on...
very sinificant price moves are in the near future
these are the setups you need to take with perfect role reversals
weekly swings with diverging double tops, price mostly below and traded below 200 ma, weekly pivot points were lower every week, fib retracemnts, lower lows and lower highs with price action on a bigger view, great trade plan try to trade like this
did anyone els see this pattern, the fib technicals new actually very spot on its just fuzzy because price was choppy but also the current level of where price is very heavy resistance from previous price history and pivots points
this week my main trade plan before I heard about the crazy us gdp growth and I saw other things developing was to trade this, the fact that all other pairs have been falling against the dollar and the Swiss franc holds its ground mostly and was very choppy, I was originally looking to solicit at the higher horizontal rectangle but then on the hourly chart I saw...
I misshaped my entry and d leg on other post
retest of horizontal level, hasn't broken top of previous high making a lower high which supports downward movement, bearish divergence, and at the 200 moving average, also fundamentally and tenically im bearish on the eur which dollar strength after trade tensions ease and the consensus of big gdp growth this Friday
reaching the trend line again and also horizontally at a level with alot of touches, if this level breaks then theres a nice head and shoulders to the downside, but since the dollar is about to go off with these gdp reports and the divergence on the rsi I would think it would go up from here but either way trade the breakout
is the markets turns around here that comfits my count of Elliot wave analysis on this pair and also if the makers pushes down and breaks this triangle, this coupled be a huge trade also stops are pretty tight here just above the high outside the triangle
also started the week at long position in weekly pivots, want ready and didn't have trade plan so I missed break, am looking for retests or maybe a loose stop long
cluster of pivots and significant levels, when the next weeks pivots are viewable at the startof the week ill post targets and in vid i mixed it up, the .618 is the agressive entry and the .782 is the conservative entry, because this is happening at the beginnnign of the week it miht consolidate around this level so wait for confimation of reversal via candlestick...
this cypher is very clean all the closed are in the exact zones for each turning point within the cypher, also oscillators are very overbought and the last point of the cypher where we are currently at is also at very heavy resistance because its the neckline of an head and shoulders to the upside if you look at a larger chart like daily or so you will see that...
boy last week with the loonie and the aussie I sure had some great calls that where extremely profitable, sadly I did not trade them...:( anyway I think this technically is a great cross trade for this next trading week, you can trade this with very tight stops because of how heavy the resistance is and for targets I think we will go all the way down to weekly...