The man that knows something knows nothing at all

so in brief, we set and mark our battle field and sit waiting for the market to get there and monitoring the reactions. I trade the 7 majors. So plenty of preparation work to be made, next we will do some work on EU which gives normally the direction of all 7 majors... If I think eu is going north strongly I am not looking to go short au....

Eu Daily and 60m

Notice how well the technically responds perfectly on the 60m.

Prices where into accumulation before last leg up, broke below the range, collected all the sell orders (stops for the longs) for liquidity reasons and spiked up, made one large leg up, the second smaller and the renowned 3rd push up even smaller, formed a rising wedge (reversal pattern) then broke support and down we go to the next support, here support held then broke, pulled back printed a pin bear bar after a two legs pullback or a double top bear flag and down we go, broke again the next support and a made a breakout pull back and down we go again.

In the mean time prices reached near the previous weekly and monthly low (strong support), could this be an HL? Also made a falling wedge (reversal pattern) made a double bottom and pushed prices up, but was rejected at a two legs pull back or another double top bear flag but then find support at the previous double bottom ,picked up more stops (liquidity) and back into the range (accumulation), clearly a spring (see Wyckoff) , into the range made a double bottom bull flag and up we go breaking the range on the upside, made another DBBL where she broke from and back up again....

closed all my longs.....flat.

a bit of bragging is good for the soul but less for the mind....anyway...

I have not been posting here for a while....


uj

swiss

sterling...

eu...

jen short 107.64 risking 16

au short 0.7009 sl 0.7017

short 1.1383...risking 12

closed -6

stoped -8

closed +13

last 3 days very slow.

going long eurjpy 165.75 SL 164.66