Phantom5000

1,563 PIPS for me today. Hope everyone is prospering and making good fortune.

Stick with the Basics and keep high probability on your side.

Time 10:50 pm CST. My sentiment . EURUSD. Double Top Off Resistance. Bearish Divergence showing trend change probability ahead. Look to take a sell @ 1.13000 take 1st profit around 1.1288 and 2nd Take profit around 1.1277 @ untested support. GBPUSD is looking to make its final head & shoulders pattern on daily. Something to look forward too. Possible long term Bullish before head and shoulders pattern completes. Your Thoughts Please. :-)

I will try to post a few of my new sentiments when I see the market change its direction from my chart studies of the H1Timeframe. I have a few friends that want more than just my market open straddle trades with FIBO.

These are trades that will be running for a few hours to a few days. Sort of scalping but with price action / SR Levels / Pivots / Waves (Wolf&Elliott) etc. to support my sentiments.

I make several trades, so I may be too busy to post everything I do. If there is a currency you would like a sentiment on, send me a ??? for that currency and I will let you know my sentiment and the time/day I last came up with it.

I am here to help where I can. Trading should be fun and not stressful.

I have posted my focus currencies on my profile info.

Happy Pipping Everyone.

Administration Note to myself:

Initial Short Trade taken on 2015.09.24 20:00 my broker time. I have moved profit to break even and looking to add to current Sell-LOT for a Bearish Move after retracement between FIBO 50% - 61.8%. Elliott is tagging the end of the 5th wave at a proven resistance. Trend has been bearish. A rough Head & Shoulders pattern is on its final area for bearish push. NOTE: Anything can occur over the weekend. I am being flexible. I can not wait to see what the market does on the opening bell. Happy Pipping!!!

Hope all your dreams come true. Happy Pipping!!

Finally the Asian market wakes up

EURUSD 15M
If candle breaks trend line resistance in 6 minutes, put in a buy for an easy 10+ pips.

AUDUSD 15M

Candle has broken trend line resistance. Put in a buy for an easy 10+ pips.
***Target hit before I could finish typing*****

EURJPY 15M

Candle has broken trendline resistance. If price action breaks Horizontal Resistance, put in a buy for 10+ PIPS.

***Target Hit*****

USDCHF 15M

If candle breaks below support line, put in sell for 10+ pips profit.

***** Trade NOT taken**** support line @ 0.976133 not breached

Admin Note:

When I scalp, as a general rule, I use this formula to set my targets. ( 10 PIPS + Commision PIPS + Spreads=Stoploss & Takeprofit). I can usually get 5 trades per currency pair per day, and I scalp trade 12 currency pairs. (5x10x12=600).
So on a good day I can walk away with 600 PIPS from scalping (intraday) alone. Hope this helps other scalpers.

EURAUD 15M

Possible 10 pip+ if candle breaks and opens past supporting trend line.

Target Hit

Spanish Unemployment Change News = Bad for currency = Expect Eur to drop

EURUSD M15

Look to sell & take 10+ pips when PA breaks support trendline.

Longer term Sentiment posted. Making trades in the direction of sentiment per pair.

Buying EURGBP. at 0.74009 Take profit at resistance 0.7405

Selling EURUSD @ Sell 1.12575 for 10+ PIPS

Closed EURUSD for an easy 20.6 PIP profit.

Buying USDCHF @ 0.96789 for 10+ PIPS

Long trade GBPUSD @ 1.53353 Candle has broken the bearish resistance trendline. 10+ PIPS ahead

Projected potential Take profit @ 1.53604 Resistance Line



Retracement back to trend line before bullish continuation should be expected. Close trade if PA reverts and breaks below trend line.
This may create a bearish engulfing candle in which we will change our strategy.