nicoacademia

nicoacademia

Targetting the first TP 180.30 area as prime target into FOMC statement. TP2 may be hit if spike down occurs so needs more finesse than a static post like this. It's the same question. Taper, no taper, and how much and/or/if/when? Sell any rallies today if your signal indicates.

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Expecting weakness to hang over the dollar over the next few days. Potential supports are back down at 80.73 80.40 and a big support is lower at 79.97 area. We are still in the same continued mood as the last published idea - as the market continues to uncover new facts of the new year - we uncover where the market wants to be - therefore we will play out each...

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Post NFP. Intra to inter week trade time frame. Expecting a move down to 80.34 area as 1st tp target and up to 79.91 area as a 2nd tp target. Expecting an early week rally to sell into(sell rallies).

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probably by week's end(NFP) 1.353 area to be touched sell rallies based on downward move fib zones. stops at the top.

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Gotta wait for bullish reaction. As of the moment there is none. Expect this range from 2nd Jan day highs to the day lows of 18th Dec are all in play over the next 2 weeks. Stay tight - its going to get bumpity.

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Quite textbook offering 3:1 R:R looks good for those who follow MWW. timeframe maybe is into March-June2014? personally i don't trade stocks but...this is quite clean. (almost too clean) but R:R is there so.....something you can consider. if you have that long of a timeframe. if you don't then please o please just don't trade this idea.

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Hope its not too hard to see but reversal off bear fib into near the bull 78.6 fib. Markets have different cycles, different pulls and pushes due to the eternal war of buying n selling.

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hold guns until/if/after bearish price formation forms at these logical levels. we don't know when but there are a few events to take note of. control your emotions. wait for the signal to go. don't be hasty. logical events have to come first. at logical levels. take care.

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for a directional pick. USDJPY is bearish down to this potential zone.

nicoacademia

Its easier to see/draw on the weekly. there will be resolution but not before some volatility. expected is a continued weakening of Yen (USDJPY strength). but not before the usual whip. look out for key events to trigger. so far there's none...... hence the flatline and convergence.

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still have Chinese PMI to go through on friday so expect maybe a spike low to test. but overall there should be some buying coming in as evidenced by the reaction to the 61.8 fib on the daily chart. potential TP zones are this bearish down zone's fib zones not indicated on the chart.

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Following the strong upmove in EURUSD the past few days. I expect some of it to come off in the week where US data comes in thick and fast. Hence looking for a bullish setup pattern to react to these levels before triggering a full long position.

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Everyone could see the huge bearish engulfing at a resistence area on the daily. But let's keep in mind that potential support as well as a good take profit zone will be just slightly above the 50.0 fib. Markets do not go down in a straight line. Intraday wise I believe they have established their sell position already.

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we have the 50.0 fib that coincides with a small gap in price we have the 61.8 which was broken resistence turned into present support expect big wiggles here and there after such a big down day today as energy is released. course of action for the next 2-3weeks: sell rallies until these levels come into play.

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After period of congestion, expect in coming 2-3weeks for move down to the boxed area.

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long on break of high - target as most recent swing high

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firm close below the 50DMA within a tight congestion area. looking to these 2 zones to offer clues of potential reaction areas.

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Coming out of congestion on weekly... how low can this go? 2014 onwards to find out. (who knows if this plan is to weaken the dollar.......... without G8 complaints.)