LineKing

LineKing

The lines will show us the way,,,,

LineKing

Or there maybe a stirring in oats loins. Waiting

LineKing

Can it go quite a lot lower - sure - but would still be in trend. Long 117.55. Stop 45. Tight stops (always), but esp in these markets

LineKing

AB - CD is approx guide (it would also = c.23.6% retrace of the whole move up) If we stabilise around here I will look to build longs. Close below 96.20 ish suggests a more significant correction.

LineKing

Risking only a few pips (below the current swing low). Will keep looking for low-risk set-ups if stopped

LineKing

ITS A CORRECTION

LineKing

Fav against the Yen - that I have entered - and £ that I am looking to enter after UK data Tuesday morning (if it moves it). Will be out of Yen if $ breaks upside / has not moved much before Kuroda speaks Weds (or b/e) LONG $ vs SGD, and looking to enter long against CAD.....it can continue to consolidate

LineKing

Stop as original at 1860. R/R exceptional

LineKing

Stop 1.3960

LineKing

Stop 461. Looks like the sort of trade I will regret. Bull-tinted spectacles required

LineKing

Looking for entry, small until 380 broken (full size if 357 is revisited with a stop below 347)

LineKing

Lost momo Failed b/o s After an ending diagonal Commods (ex Oil) all looking strong - and even oil maybe maybe looking to form a bottom. As earlier, a simple ABC correction (with AB=CD) still only brings us own to c. 96. What is nothing as we have rallied from 80. "The bottom's in" for equities.......Is it? The rally looks very corrective in nature. Classic...

LineKing

Keeping Silver. Played out perfectly. All these 5w structure from the bottom of the L/Twedge keeping looking like the beginnings of the formation of an EW1. If that is (finally) the case here, that looks the end of 1/3/3 - but will wait to see what happens at the lines. Its all about the lines...............

LineKing

A b/o will be sharp

LineKing

A little lower and Im not sure I could resist a low risk (punt). If it doesnt, I will look to enter on a decisive break of the upper band of the L/T down channel. Break of HZ support, will look to enter. Still will be a great trade for 2016 either way

LineKing

Ordinarily, I would be bullishly biased. FXCM U$ index is off and away. The strong failure of the (ECB) break-out candle is a bit of a concern, as is the lack of momentum that I would expect at this juncture in a technical (breakout) move Let's hope the minutes prove unexpectedly explosive...."As Janet mused over the need to keep rates low until 2525, a group of...

LineKing

Maybe - 32.50 is a huge level - but since the downtrend resumed in earnest summer 2015 when crude has reached the line what happens after Monday has given a clearer entry (mostly) If that bottom in approx THE bottom, it will be rested. Coz crude always does. Waiting. Watching USD/CAD too

LineKing Updated 

Its a gimme. A close back below HZ R will target more aggressive entries