GU and $EURUSD seasonality kick in first week of SEP. $DXY $GLD
Trade active:
Long of Month S3 pivot this morning @ 1.2820.
Target = Month R3 Camarilla @ 1.3080. Will sell 1/3 at the weekend gap fill @ 1.2950.
Target = Month R3 Camarilla @ 1.3080. Will sell 1/3 at the weekend gap fill @ 1.2950.
Comment:
Decent bottoms for GU and EU first week of September on average.
Comment:
YEEHAW! Don't know what is happening right now but GU just rose 100+ pips in under a minute.
Trade closed: target reached:
Closed half of GU at 1.2950 at the weekend gap fill. +130 pips.
Comment:
Raised stop to 1.2870
Comment:
Raised stop to 1.2870, about 45 pips above the entry price.
Trade closed: target reached:
Forgot to update this trade. Great Camarilla trades on the monthly S3 and R3s for GBPUSD EURUSD USDJPY this month.
There is about a 60-70% chance that after fully exploring the S3 to R3 range we revert to the mean, the August close (Camarilla pivots are centered on the previous period's close).
There is about a 60-70% chance that after fully exploring the S3 to R3 range we revert to the mean, the August close (Camarilla pivots are centered on the previous period's close).
Comment:
GU Also hit the big 50% weekly level retracement and mid line of the big pitchfork guiding the daily trend down.
Find the edge.
Website: www.daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: www.youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: www.paypal.me/mortdiggiddy
Website: www.daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: www.youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: www.paypal.me/mortdiggiddy
EU Seasonality: imgur.com/a/elAU7rA