KyleGuilfoyle

KyleGuilfoyle

If this pair pushes past 0.73763, we would have convergence with the breakout of the major daily trendline and the ascending triangle structure. Otherwise, it will still be in no-man's microtrend land.

KyleGuilfoyle

USDCHF has broken the high (however not even close to the all-time high) it was at before the Franc was unpegged from the Euro. I suspect the level it was at will be retested before heading higher. I may scalp down to that level before taking a long position. Of course this is a big week for news, so it's anybody's guess, really.

KyleGuilfoyle

Will try to catch some of the movement to the upside after this daily trendline break.

KyleGuilfoyle

I will act on the breakout of this symmetrical triangle. If it breaks out to the upside, I will wait for a retest of the downward trendline then go long. If it breaks out to the downside, I'll wait for consolidation (and if the consolidation lasts a particularly long time, I may switch to a long position) to finish and go short.

KyleGuilfoyle

I have a long order booked at 1.01070. Considering this currency pair is at a peak/key level, this harmonic is pretty convincing. SL: 1.00900 Add to position at 1.012610 TP1: 1.01540 TP2: 1.01832

KyleGuilfoyle

While the 2nd wave is a bit long, I could see EU moving somewhat in this way up to the strong 1.07800 trendline where there will possibly be a correction wave. I would definitely open a short position around 1.07800

KyleGuilfoyle

AUDUSD is responding well to a textbook double top from earlier this month. The bullish inclination is supported by its having broken a very strong trendline. A bit early to be sure, but feels like a bull.

KyleGuilfoyle

To be mindful of.

KyleGuilfoyle

I expect that when we open on Sunday, the AUDUSD will consolidate as some will want to push it up to the downward trendline; if there is confirmation that it will continue lower, I will open a short position around 0.71100 and catch some of the downward movement. My inclination is bearish, however if it goes up and breaks the 0.71500 downward trendline, I will...