Daemonicus

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About me Trading is 50% chance... Up or down...
Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 33% | 3 GBPUSD 22% | 2 EURUSD 22% | 2 USDCAD 11% | 1
Daemonicus Daemonicus EURUSD, D, Long ,
EURUSD: EURUSD VERY VERY likely a LONG from here
77 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
35 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.
109 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.
69 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
47 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
45 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
64 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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