mortdiggiddy

One more leg?

Long
mortdiggiddy Updated   
FX:EURUSD   Euro / U.S. Dollar
Looks like EU and GU are running out of gas. $DXY $TLT $GBPUSD $USDJPY $GLD $SLV
Comment:
The 1 hour low at 6:00 EST managed to hit the 21 period lowest low of the Donchian channel, not shown.
Comment:
If it can't hold EU is begging for a double bottom. Near the Year Pivot and Year CAM S3 retest.
Comment:
Hanging on to that channel for dear life. I'm only doing 30 pip profit trades at a time beginning end of last week.
Comment:
Hmmm... I wonder
Comment:
Taking profit before FED... could get a slam down.
Comment:
Possible channel backtest for DXY. Also sitting on month pivot here (thick cyan line)
Comment:
back in EU long as the high of day just broken.... big DXY wycoff upthrust (fake up move for DXY)..... oh the shanking of dollar bulls lol.
Comment:
same wedge from before... probably breaks here
Trade closed: target reached:
1.1850.... BANG. Man they teased and teased on this trade but it got there to that Month R3 Pivot. Had a feeling they would try to pull the rug only a few moments after the ECB Rate Decision.
Comment:
That channel backtest from the underside was pretty ugly.
Comment:
Smacked that May 22 high also at the same time and stopped. Ugly x Ugly
Comment:
Whoops those were EUR Futures... is the correction. We are approaching CAM Week S3 now after big Month CAM R3 rejection.

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