Disliked{quote} He sounds like he thinks last autumn sell-off and the slowdown are 100% monetary policy driven, and not at all related to his trade policy.Ignored
The Really Useless Thread
- #157,502
- Apr 17, 2019 5:28am Apr 17, 2019 5:28am
... and in MIL:JUVE {quote} Big big flop for my map It looks like some hands think Juventus FC are going to win UCL (hmm hmm) ...
Main trendline and previous reversal up holding the leg down so far
but reversal down is already in play (a close below 1.4825 will be enough) and will lock everything above 1.60xx/1.61xxx
I have loaded shorts @ 1.4260, aiming 1.25xx and 1.03x/0.97xx
- #157,503
- Apr 30, 2019 5:29am Apr 30, 2019 5:29am
In TSLA :
260/263 strong support finally lost, it looks now set to clear my MT target 19x/20x
It's been already a long way since the highs, ebbs and flows panned out flawlessly, all in synch with S/R
{quote} and TSLA hammered on the resistance. It's at a support right now but looks soft, next ones I have are 274 (main bear target, PT expected) and 260/263 a strong bull support. {image}
I like following TSLA too, aiming 19x/20x for the MT (TA wise) {image}
- #157,504
- Apr 30, 2019 5:32am Apr 30, 2019 5:32am
In Juve :
No brainer really imo, 1.42xx was the obvious one to fade, 1.25xx cleared and holding so far but main dish is still at 1.03xx/0.97xx imo (with the complete reset of Ronaldo's hype at 0.85xx)
{quote} Juventus FC knocked out Main trendline and previous reversal up holding the leg down so far but reversal down is already in play (a close below 1.4825 will be enough) and will lock everything above 1.60xx/1.61xxx I have loaded shorts @ 1.4260, aiming 1.25xx and 1.03x/0.97xx {image}
- #157,505
- Apr 30, 2019 5:38am Apr 30, 2019 5:38am
In EURUSD, bottom of the map 1.112x cleared, and decent bounce from there
Intraday wise, 1.122x/3x looks the one to fade now
Still sideline on the pair though
DXY couldn't clear 98.70
Map I have in EURUSD : 1.112x (ST Bottom) <== 1.118x <== 1.122x (intraday only) <== 1.128x (FA Level) <==> 1.131x (Flip) ==> 1.136x (intraday only) ==> 1.142x (ST Top) breaking up 1.151x unlocks as high 1.1650 ...
Intraday wise, 1.122x/3x looks the one to fade now
Still sideline on the pair though
Big picture in DXY is a no brainer. We might have some tremendous fun if ES crashes ahead of US presidential campaign. Some tremendous twitter account might heat, fighting the FED. There is still that 98.70 pending though. {image}
- #157,506
- Apr 30, 2019 5:46am Apr 30, 2019 5:46am
{quote} Yup :-) {image} Bulls managed to trigger the reversal up and cleared 286x and 291x. Reversal up has shifted ST range to the upside, with 279x the new flip and 262x the new ST bottom. I have nothing new for the MT. {image} 29xx probably going to make some headlines and dreams (3K). Let's see how US stocks can handle US & WW slowdown at these levels with fed rates at 2.50%, US-China deal priced in but still not delivered and Trump eager to start new trade war with EU. Loaded here (PUT 2800 September + CFD). 262x by late Q2 / Q3 looks very...
3.2% is a lol as almost 40%/50% of it is due to temporary and technical reasons (mainly on Trade front, technicalities to avoid tariffs)
Sitting tight ! Still aiming 262x by end of June at the earliest, by September at the latest.
- #157,507
- Apr 30, 2019 5:54am Apr 30, 2019 5:54am
In USDJPY :
112.4x was uncovered to the tick.
With bulls, the same day, unable to take 112.1x on the close. Superb
.
On a side note, USDJPY looks very well aligned with ES (risk on/risk off), nearing its MT top. 112.4x looks like the magic area in this TF (last broken SH + last break down point + fib 78.6) {image} D1 leaves more margin though : bulls breaking up 112.1x will unlock 112.9x/113.1x imo But it might be only a wick in W1 then. {image}
With bulls, the same day, unable to take 112.1x on the close. Superb
. - #157,510
- Edited 7:38am May 6, 2019 7:23am | Edited 7:38am
- Joined Jun 2015 | Status: Quo | 1,587 Posts
- #157,512
- May 8, 2019 7:33am May 8, 2019 7:33am
{quote} 2866 hit and looks like a day close flirting with 2889. Plenty of news/fake news potential left in the week.
I have first TP planned at 279x (ST flip), then 272x (W1 continuation down trigger) and for later 262x (ST Bottom).
Intermediate target in UJ from the top cleared at 109.9x (continuation down trigger) though.
Next TP planned at 108.5x (MT flip), and for later 106.3x (MT Bottom).
- #157,514
- May 10, 2019 5:44pm May 10, 2019 5:44pm
{quote} Sitting tight here. I haven't TP anything yet in ES. Extension from 288x to 286x but no reversal down so far. I think we just need the end of trade war truce fact (as it stands, it will be next friday tariffs) to break down. I have first TP planned at 279x (ST flip), then ...
ES
UJ
- #157,516
- May 14, 2019 6:10am May 14, 2019 6:10am
{quote} Tariffs triggered but no reversal down in the chart. Extension as low as 282x but it didn't break down. Couldn't TP at 279x. 282x is the previous reversal up but I thought that level will be wiped out. Risk off looks gone for the very short term, especially with UJ holding uncovered 109.9x on W1. Patient and confident for longer TF though. ES {image} UJ {image}
=> Top (293x/4x) is now confirmed
=> plotted fib is now valid (price action wise).
=> 2916 and 2826 are rejection/break down levels.
Next target I have is 272x (any retrace leg in between is good to fade at 291x max 293x/4x).
Tariffs II on Chinese goods triggered but Tariffs III (full) on hold till G20 as it stands.
But there are potential Tariffs II on EU goods (cars) coming, deal talks expected to end soon.
- #157,517
- May 14, 2019 6:40am May 14, 2019 6:40am
In EURUSD, D1 looks heavy. Bulls need to break up SH 1.132x. Until then, shorts should prevailed imo (for the bottom 1.112x and beyond).
On W1, the breakdown has shifted the potential reversal up from 1.182x to 1.144x. But, if we break down current SL, I don't see a lot of supports in this TF before 1.09/1.08 .
On W1, the breakdown has shifted the potential reversal up from 1.182x to 1.144x. But, if we break down current SL, I don't see a lot of supports in this TF before 1.09/1.08 .
- #157,520
- May 20, 2019 9:36am May 20, 2019 9:36am
I like following TSLA too, aiming 19x/20x for the MT (TA wise) {image}
260/263 strong support finally lost, it looks now set to clear my MT target 19x/20x ...
inner waves unfold flawlessly after each S/R
