Exotics (USD/TRY, USD/ZAR, USD/MXN, and others)

Thanks for the screenshots. I'm even more confident now!

usdTRY

My weekly trend matrix 31 Dec 2018:

will be interesting to follow it

Will update every Monday...just about to post the latest now that market is open.

My weekly trend matrix 07 Jan 2019. Highlighted number col shows trend change:

Opened long position in GBPSGD this morning:

GBPSGD D1

Very nice development. If my resources are not taken, I'll be looking at about 1.7450.

LINE Chart on WEEKLY


edited: because grammar is so difficult
edited: added line chart
edited: because I"m Sloppy

I'm bored, so if you don't mind me entertaining myself for a bit. To elaborate more on this wonderful example of a double bottom formation.

I drew a line on this line chart. Now, I haven't studied this pair much, but this line I'm putting in is my actual entry point for double bottoms. I get in before all others, really. Everyone else waits for the bars and candle setup.

So I draw the line. It's roughly at 1.73387


Note: This setup ABSOLUTELY MUST be forward tested. Historical data is not relative to lie action. Each pair behaves differently.

Then, I switch back to view the candle sticks on this weekly chart with my new price line. See the doji? Week of December 16, 2018. That's not an accident. I see my entries falling upon prior indecision points in price.

So, I look at the data and find the price for that week's opening is 1.73359 and I modify my label to reflect this. This tells me that bears/bulls struggled at that price and the bulls lost, but it's coming back to that price. While it's easy to think that is a good solid confirmation, it's not really. It just means players struggled at that price and it could possibly fail again. But the probabilities are, it'll be bullish beyond that. I've tested it it on other pairs and it is worthy.

I like the line chart. I get in early, reduce my risk via stop too.

GBPSGD H1

w/ Davit's pivots (and that weekly open price line)

Bit of convergence going on in the GBPSGD between Stochastic and price action too!

usdMXN w/Davit's pivots

usdZAR coming up (Time listed is Chicago CST)

Very confusing. I gotta figure this out.

GBPSGD

Very interesting

770544542019.01.07 10:24:07 buy 5.00 gbpsgd 1.730980.00000 1.73555 2019.01.08 09:15:19 1.735550.000.00 -83.22 $2 361.62 thank you Gazfx

Hello

TRY as a currency looks bearish. I wish if it touched the upper resistance though or have offered more PA structure Daily.
I am using the addition feature on tradingview by adding all TRY pairs to find its bias.



Checking GBP/TRY, I am waiting for a clear breakout and a retest on Daily.





EURTRY and USDTRY look the same as GBPTRY

Hey SuperTraderS. Is the market actually waiting on Trump or just FOMC? I don't have a billion years' experience, but something looks off. Just wondering. End the end, it will be revealed to me. I'm just impatiently curious.

Trade what you see.