Looks like the market will prepare the rate hike next week...
My entry points for a long position: now or 1.1230.
SL: 1.12
TP1: 1.1291, TP2: 1.1300, TP3: 1.1320
My entry points for a short position: will place a sell limit order at 1.1300
SL: 1.137
TP1: 1.1200; TP2: 1.1160, TP3: 1.1110
Once there, will review the market once again.
My entry points for a long position: now or 1.1230.
SL: 1.12
TP1: 1.1291, TP2: 1.1300, TP3: 1.1320
My entry points for a short position: will place a sell limit order at 1.1300
SL: 1.137
TP1: 1.1200; TP2: 1.1160, TP3: 1.1110
Once there, will review the market once again.
Bình luận:
Small ABCD started to work, heading to TP1
Bình luận:
TP1 reached. Long to breakeven
Bình luận:
4H timeframe (chart below) not showing any alterations of divergences. Can retrace to 1.1230 which still would be a good level for re-etnering longs.
Any break below 1.1230 is an alert and a break below 1.1200 for me would mean we have entered into a bearish phase.
Any break below 1.1230 is an alert and a break below 1.1200 for me would mean we have entered into a bearish phase.
Bình luận:
TP2 hit. Opened short position, still expecting TP3 to be reached
Bình luận:
High volatility time is approaching. Keeping both long and short positions, removing SLs. Will close them manually.
Important levels to watch are:
Supports: 1.1200, 1.1160, 1.1120 as per Big ABCD pattern
Resistances: 1.1330, 1.1350
I have set a buy limit order at 1.1200 and sell order limit at 1.1450 . Both levels can be reached between today and Monday next week
Important levels to watch are:
Supports: 1.1200, 1.1160, 1.1120 as per Big ABCD pattern
Resistances: 1.1330, 1.1350
I have set a buy limit order at 1.1200 and sell order limit at 1.1450 . Both levels can be reached between today and Monday next week
Bình luận:
Just wanted to mention a detail which for me is quite important: at 15.00 CET (9.00 a.m. ET) the journalists will receive the briefs of Janet Yellen´s speech. If you remember, USD took a nice dip when, some days ago, one of the FED respresentatives said that the whole monetary policy needs a review a re-design.
Therefore, if some Reuters or Bloomberg posts a headline similar to "Yellen will talk about changes in the entire policy system", watch USD to dive.
A perfect setup would be: EURUSD goes to 1.12 on GDP news, we buy, move a long to breakeven and then get the news from the FED.
Therefore, if some Reuters or Bloomberg posts a headline similar to "Yellen will talk about changes in the entire policy system", watch USD to dive.
A perfect setup would be: EURUSD goes to 1.12 on GDP news, we buy, move a long to breakeven and then get the news from the FED.
Bình luận:
No changes in GDP, no changes for USD. All left to the journalists
Bình luận:
And here comes Big ABCD movement. First target - 1.12
Bình luận:
Big ABCD pattern hasn´t been invalidated
Bình luận:
Big ABCD TP1 reached
Bình luận:
Almost hit TP2. All shorts are at breakeven
Bình luận:
Keeping one short. Even after today´s USD turn, I expect 1.1110 to be hit on the NPF volatility.
Đóng lệnh: đạt mục tiêu:
We have only one target left: tagging a daily 200 MA, small false break and then should pop.
I keep following this on another chart
I keep following this on another chart
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
