Elliot_DeBrett

Elliot_DeBrett

A Day trade so lets see how this plays, looking to see if we can get back to yesterdays zone of 1.20500/1.21000 Sluggish momentum this morning followed by an entry technique I use to take this pair short

Elliot_DeBrett Updated 

We are in a recession, although the white house changed the definition of a recession when they released the second negative gdp quarter stats. Is this the key level where we will see a sell off? I’m going short around 4330/4350 Looking for price to come back down to 3300/3000 Entry pure technical analysis come back to touch top of a channel in a lower time...

Elliot_DeBrett Updated 

there is still 2000 pips on the table currently. after predicting a push lower on the dxy its only a matter of time before the dollar pairs sell off. expext a move to 1.14 and a rally from around that area. i have forecasted how i would like to see price move. im not interested in shorting it to 1.14 even tho i think its going that way. its just at an all time low...

Elliot_DeBrett

DXY there is rather high chance we could see a sell off. so very soon we could see some really nice short dolla set ups... check out my us500 trade

Elliot_DeBrett

Nice head and shoulders, break of the previous low, bigger bear flag correction, ascending triangle at the top of the flag. I’m going short now target 1 the lows of the flag

Elliot_DeBrett

Been eyeing this up for a while now. just broken the previous high, still in structure to go short... broken into a channel. really really nice structure on this pair. MASSIVE ROI

Elliot_DeBrett

Lovely structure on this pair. Failed to break the previous high. We impulsively sold off. After forming a tight bear flag I see this pair falling another $10 at least, as around $95-97 is the lower support level. Let’s seeee

Elliot_DeBrett Updated 

was in a trade this morning but tagged out. looking like a really nice set up to get back long again. still think GU can go back to 1.40 inverted head and shoulders bull flag now lets break out and look for a retest

Elliot_DeBrett

she's been sinking for a while now. I waited for nfp to give me a spike and waited for the pull back and potential to trick traders on the wrong side of the market. I have a 50pip stop and a second target of 350 pips. so a nice 1:7 RR or a 1:3 RR for tp 1. structure looks good. HTF bouncing off the old highs and we in a nice corrective pattern. lets see what happens....

Elliot_DeBrett

I've been consistently changing my bias on GU over the last two weeks. now that we have failed to break 1.40 for the third time, the HTF is showing us a bear flag, looking for a 1-1 move that conveniently puts us back to 1.365 (TP2) so I'm forecasting price to move how I have forecasted. LTF ill look for the Chanel to be broken and retested before I take another...

Elliot_DeBrett

so we took some % from GC last week. anyway second entry to take short

Elliot_DeBrett

so few different chances to get short here, a smaller head and shoulders (not that keen on that) a double top, or a push back up to the highs to take the sellers out before taking on buyers and then slamming them into the ground.

Elliot_DeBrett

a ranging market for a while. until the election bs is over I'm wary of taking $ pairs. so looking for this to push back up to this zone. I like it because its 105.000 flat and targets would be 104.000 or 103.300 lets see if we get an entry.

Elliot_DeBrett

impulse, correction followed by a double top to take this short, again great RR lets see if we can play back to the channel lows.

Elliot_DeBrett

been pushing down, formed a bigger corrective pattern, so will be looking to take this short, if we either break and retest or move back up to the highs. massive RR on this

Elliot_DeBrett

In a descending channel, have produced a LL and therefore I believe we can continue to sell off. looking for price to push up a little higher in this bear flag, before falling parallel to the impulse that came before. if we do not get the sell signal then price could come back up to meet the trend.

Elliot_DeBrett

reached the top of the supply zone, we created a channel and have broken out of it. I'm looking GA to form a bear flag, and push back up to 1.840 which is also a nice phycological number and ill look to play this all the way back down to 1.8160

Elliot_DeBrett

wow, this is some of the nicest price action I've seen in a long time. so longer term trend I believe is broken. had a daily double top then price action impulsed down. we formed a bear flag ahead of the election and we are currently breaking out but very correctively, instigating a potential sell off.