Amyc Trade Journal

be careful with EU

at 1.3150 area is resistance at the moment. keep your stops tight.

I got out of my AU short with the big spike.

I have a buy limit at 1.0493 which the big spike missed by 15 pips.

no position at present.

Yeah i have got that marked... That plat form u put me on is a cracker.. How reliable u think Vol is on it in relation to USD Index and Euro index.??. i presume it is the EURO index..if reliable u can see how volume has supported the consolidation and now increasing as it has broken hier..what does the price on the Euro relate to..??

volume is not reliable.

The levels are good because they are based on time. Time is reliable.

At the moment London and Germany have not opened. yesterday they were short. Until they have a chance to exit those positions
( which in my view) will be at the lows for the day or lower then for EU very short term longs only are safe.

Same applies for AU.

Therefore last session London + Germany close price on EUR/USD is helpful to keep in mind as PA can return there today before testing the lows put in, In the US and Sydney / Tokyo sessions so far.

Im checking the close levels now to confirm whether London has traded the lows or not.

1.3112 + 1.3109 looks like London session lows area. The low was only 10 - 13 pips down from here.

London and Germany may have already exited there shorts so this principle does not apply today. When there is a bigger difference in price it can apply.

For AU there was the big spike down to 1.0508 today.
London + Germany lows and close prices 1.0547 + 1.0540 . I think this principle will apply for AU today.

Out for 23.. dunno if i will be back later cook at soup kitch to nite..starting to look like USDIndex 4 hr some sort of top..

Hi Ian

I am away in NZ this week for a wedding. I will be back on Monday so I'll post some more stuff then.
Good luck with your trades.

EUUD 30 min chart..am thinking bullish.. note 2 lines3140 and 3105,.... weekly 50% and 618% support.. on bigger view clear how last nite.. support was found at 618% point.. also EUR index chart VERY interesting points.. will post later..

Hi Amy

cool New Zealand!!

I hope you have a good time over there.

I wanna go too........ . To Queenstown and Fiordland, and play lots of golf.

I may short AU very soon 1.0580 - 1.0590, with a tight stop.
EU should go down with AU too. but be careful.
but apart from that...

Im going to sit the rest of the week out.
I think the market is gonna move after NFP tomorrow.
Until then its range bound.

Then on Monday or Tuesday the market will set up for a nice trade for
+100 - 200 pips.

MMM.. i think u rite,, Me am just playing.. if i do take possie wont be for long... As i recall Amy said some were in this journal..618.. 50%.. hi probality will rotate back to wards week mid point.. I am keeping that in mind... so with that in mind am thinking as posted..

EUUD 30 min..I took this Ian..based on mainly AmyC.. support lines.. 618%13105 and 13140 50% support lines enter was at arrow.. have closed for 24.. i have also caught Aussie for 55....notice the 2 support lines and how they offerd clear support..

USD Index..5 min .. ireckon its headed for 7900.. which is week and mth PPX.. that EURO index chart is very interesting.. it appears to lead EUUD.. would love to know what it is..??

EUUD got this for 40 .. good day for me..aussie once and euro 2wice
picture of 1 hr.. once again Ian.. thank you for connect to chart USD Index.. some much easyer than what i have been stuffing with..

USDindex 4 hr..note possible stopping place.. 7900.. week and mth PPX and 50% point of range up... Time for shorts..??

MM so now
we have 4 hr pin bar.. at or around 50% and 2 PPXs month and week7900.. lo was 7905..eu shorts??

Shorted this at 3275.. just closed 44.. reason i shorted.. at 50% at weekly pivot at monthly pivot and at 1/4 50% resistace point 3280

currently short from 1.0569 as AU opened below weekly mid at 1.0602.

I put all my levels on 1 chart with some 4 hr fibs.

AU is heading to some interesting levels below.

1.0487 + 1.0461 are the weekly lows.
1.0485 is the 3 monthly mid.
1.0495 + 1.0475 are the daily lows.
1.0467 + 1.0429 are the 3 weekly lows.

I think there is lots of support down at these levels between 1.0461 - 1.0495. Buy support on Tuesday or Today.
Maybe an 80 pip range bar long today after this current short trade.

Thankyou for posting your charts.

Looks like you had some nice short term trades on AU + EU. well done.

After looking at your charts I came up with the idea to put all my important levels on 1 chart. As you can see with my post above with AU.

I will do the same for EU and the US dollar index too sometime today.

The process is helping me to think myself clear about the important levels.

I am long EUUD..13090.. if index trades 8015 will add..

find below picture 4 hr chart USD index,
Note possible diverg on CCI.. same same on Macd and RSI..
Note .. at and in pink band.. weekly 50% point 8010..2 fibo exts,, both call 8018..
fibo pivots
Year 8011 and 8044,,.236 and .275
month ,618.. 8024 and 50%8000
lasdt week..100% 8035
this week...618and 50% are 8017 and 8028

hand calculations so could be faulty..

important EU levels

Hi Amy

How was New Zealand ?

I think AU is a buy with a retest of the 1.0467 - 1.0482 area.
I waiting to see this retest during an AU session as I think the lows put in at present are not valid until Sydney has traded these levels.

I think AU will possibly retest today and then up. I see the dow had a big day up yesterday breaking out of the 3 weekly highs.

I emailed Frank last week. He said to check the US futures.
Is that the dia + S P 500. Do you get those in Fibonacci Trader ?

I read in your posts a lot the symbol dx. Does dx stand for the US dollar index?

......................................................................

Im trying to make the change to taking as few as possible trades during a week.

The ideal being two trades.

I really like the start of the week move from the new weekly mid point to the lows or highs and then I hope just to catch the main move of the week.

The way you trade is ideal too. A longer time in the one position makes a lot of sense.