Daemonicus

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About me Trading is 50% chance... Up or down...
Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 30% | 3 EURUSD 20% | 2 GBPUSD 20% | 2 AUDUSD 10% | 1
Daemonicus Daemonicus NZDUSD, D, Short ,
NZDUSD: NZDUSD is short both long and short terms
59 1 4
NZDUSD, D Short
NZDUSD is short both long and short terms

Looks like NZDUSD is short for the long and short term. No matter if you're a short term or long term trader, NZDUSD is definitely a good 90% probability of short from here.

Daemonicus Daemonicus EURUSD, D, Long ,
EURUSD: EURUSD VERY VERY likely a LONG from here
81 0 1
EURUSD, D Long
EURUSD VERY VERY likely a LONG from here

Strong support from the purple line in addition to a double bottom. Let's wait for a break in the yellow trendline OR up impulse followed by correction on a lower timeframe.

Daemonicus Daemonicus GBPUSD, 60, Long ,
GBPUSD: GBPUSD Very likely a long... At least on the 1H
38 0 1
GBPUSD, 60 Long
GBPUSD Very likely a long... At least on the 1H

Is that a double bottom I see? Might be a good short term LONG! Very likely it will make an up move from here in an overall uptrend.

Daemonicus Daemonicus USDJPY, W, Short ,
USDJPY: USDJPY Possible SHORT from here.
111 0 3
USDJPY, W Short
USDJPY Possible SHORT from here.

Could this be the reversal in USDJPY? Let's wait for a bounce off the Ichimoku via a downward impulse on a lower timeframe followed by a correction.

Daemonicus Daemonicus USDJPY, 60,
USDJPY: USDJPY is 90% Long.
71 0 5
USDJPY, 60
USDJPY is 90% Long.

Looks like a consolidation at the blue circle. Highly likely that it will be a buy. Put your buy order and do not jump straight in the trade. If it makes an impulse down, sell it for a little bit. Overall, I still think it's a big long.

Daemonicus Daemonicus AUDUSD, 240, Short ,
AUDUSD: AUDUSD good price to short
49 0 2
AUDUSD, 240 Short
AUDUSD good price to short

Short if it bounces off the top.

Daemonicus Daemonicus EURUSD, 60, Short ,
EURUSD: EURUSD nice short
46 0 1
EURUSD, 60 Short
EURUSD nice short

Just. Short. When it breaks.

Daemonicus Daemonicus USDJPY, 60, Long ,
USDJPY: Nice correction for a LONG on UJ
65 0 4
USDJPY, 60 Long
Nice correction for a LONG on UJ

This looks like a nice setup for a long on UJ. Modest TP also.

Daemonicus Daemonicus USDCAD, 15, Short ,
USDCAD: Impulsive down move on UCAD is in view. Watch out for it!
37 0 4
USDCAD, 15 Short
Impulsive down move on UCAD is in view. Watch out for it!

UCAD is projected to move down from here hopefully.

Daemonicus Daemonicus GBPUSD, 60, Long ,
GBPUSD: Will GU finally break the downtrend and move up?
36 0 0
GBPUSD, 60 Long
Will GU finally break the downtrend and move up?

Using the 1hr cloud, the green line will be my entry point, bottom red line will be my stop loss and upper red line will be my first take profit. This model concurs with the wave theory as well. Enjoy!

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