GBPJPY Monthly Cheat sheet (or is it shit sheet ?)
(@steamroller I owed you one)
Taking 156.6x on Monthly unlocks 160.0x to 164.0x
(@steamroller I owed you one)
Taking 156.6x on Monthly unlocks 160.0x to 164.0x
5/6 candle swing low swing high Indicator 5 replies
Swing high / Swing low indictator+alert? 20 replies
Trading Swing by Swing 39 replies
Swing highs and swing lows 3 replies
swing high/swing low indicator and volume tic history 13 replies
DislikedTA wise : Watch out : EURUSD is trying right now on US open to build a floor at 1.154x. => Pair needs to break up 1.159x to confirm the floor. - Bold/balls trade : buy here 1.154x for 1.161x, 1.168x, 1.175x - If cautious: just wait for the break of 1.159x to aim the same targets ; drawback = poor r:r as it would be a momentum/expensive entryIgnored
DislikedLast break down point on D1, 1.166x, capping the flow so far {image} On H4, last break up has shifted the range from [1.154x ; 1.160x] to [1.158x ; 1.172x] {image} {quote} second target observable in the range nowIgnored
DislikedEURUSD H4 Cheat sheet flawless so far on the inner flows {image} {quote} On D1, bears who sold the break down point look exposed now, following US premarket flows {image} {quote} final releases checked D-8Ignored
DislikedLast break down point on D1, 1.166x, capping the flow so far {image} On H4, last break up has shifted the range from [1.154x ; 1.160x] to [1.158x ; 1.172x] {image} {quote} second target observable in the range nowIgnored
Disliked[...] TA wise : Watch out : EURUSD is trying right now on US open to build a floor at 1.154x. => Pair needs to break up 1.159x to confirm the floor. - Bold/balls trade : buy here 1.154x for 1.161x, 1.168x, 1.175x - If cautious: just wait for the break of 1.159x to aim the same targets ; drawback = poor r:r as it would be a momentum/expensive entry [...]Ignored
Disliked[...] Next week all about ECB. Last September Press Conference mentionned tapering discussions to take place in October. Previous post shows how unsustainable monetary situation is for the MT/LT. CL is a politician, not a technician. Good to offset the rigidity of the treaties without rewriting them (they are not pro growth/employment like FED). Problem : tightening too late can kill the growth as much as tightening too early, if not more, via hitting consumers. In any case, TA wise, next ECB map and flows look simple...Ignored
Disliked[...]TA wise : Watch out : EURUSD is trying right now on US open to build a floor at 1.154x. => Pair needs to break up 1.159x to confirm the floor. - Bold/balls trade : buy here 1.154x for 1.161x, 1.168x, 1.175x - If cautious: just wait for the break of 1.159x to aim the same targets ; drawback = poor r:r as it would be a momentum/expensive entry [...]Ignored
DislikedEURUSD H4 Cheat sheet flawless so far on the inner flows {image} {quote} On D1, bears who sold the break down point look exposed now, following US premarket flows {image} {quote} final releases checked D-8Ignored
Disliked[...]EURUSD D1 Cheat sheet fate of bears sitting at the break down point is the rain maker for the next swing {image}Ignored
Disliked[...] In any case, TA wise, next ECB map and flows look simple : Hawkish ECB, hinting tapering cycle coming, or super hawkish, already unveiling tapering agenda, is direct flow to break up 1.175x and to confirm the floor on D1 (still a tentative in this TF so far as D1 chart shows) [...]Ignored
Disliked[...] Beyond CL's careful semantics (once again, recalibrating vs tapering), hawkish ECB to me [...]Ignored
Disliked[...] TA wise : Watch out : EURUSD is trying right now on US open to build a floor at 1.154x. => Pair needs to break up 1.159x to confirm the floor. - Bold/balls trade : buy here 1.154x for 1.161x, 1.168x, 1.175x - If cautious: just wait for the break of 1.159x to aim the same targets ; drawback = poor r:r as it would be a momentum/expensive entry [...]Ignored
Disliked{quote} => Bears losing the break down point live. {quote} 1.172x now naked but the real deal as said above is the break or not of the fractal 1.176x {quote} ECB multiple recalibrations = an unsaid tapering cycleIgnored
Disliked[...] overall, projections dovish via GDP & jobs, hawkish via inflation[...]Ignored
Disliked[...] last friday, another big flob in Jobs report, twice in a row, "employment = the soft side of US recovery" checked again. Remember FED runs a dual mandate. [...]Ignored
Disliked[...]today, inflation numbers have confirmed peak is behind and keep cooling down [...]Ignored
Disliked[...] US PPI releases pointing to the same direction as yesterday numbers, peak behind, inflation cooling down .... FA wise all backing the floor [...]Ignored
Disliked[...]TA wise : Watch out : EURUSD is trying right now on US open to build a floor at 1.154x. => Pair needs to break up 1.159x to confirm the floor. - Bold/balls trade : buy here 1.154x for 1.161x, 1.168x, 1.175x - If cautious: just wait for the break of 1.159x to aim the same targets ; drawback = poor r:r as it would be a momentum/expensive entry [...]Ignored
Disliked{quote} UK clowns / Brexit noise by the look of it I will not be surprised if price reintegrates 1.16 handle by eodIgnored
Disliked{quote} Looks dead. Sitting at very last support 1.154x now. A dozen more pips and price will have browsed the whole month range in a day. if Brexit circus remains (small chance to get off with some scheduled talks off G20 this week-end), it will be a nightmare to trade the pair because of the inevitable random statements that will flood the wires at any time. In any case, TA wise : Resistances : 1.157x, 1.161x, 1.164x Supports : 1.154x, 1.149x, 1.146x, 1.137x, 1.128x H4 has already reversed, D1 will with a close below 1.157x...Ignored
Disliked[...] Hawkish ECB, hinting tapering cycle coming, or super hawkish, already unveiling tapering agenda, is direct flow to break up 1.175x and to confirm the floor on D1 (still a tentative in this TF so far as D1 chart shows)[...] Dovish/Unchanged ECB, sticking to temporary inflation mantra (but taking a big risk to me), is direct flow to 1.158x & 1.154x before next FOMC one week later officially starts their 6 months tapering and wiped out the floor to 1.149x, 1.136x max 1.128x.Ignored