RobertSoos

RobertSoos

Reminder of key levels, daytrade outcomes: - Small pullback to 38.2 - Pullback with trendline break to 61.8 Risk-off scenario - Market goes sideways, trendline breakout fails - Attempt to go below MONTHLY 50 MA support

RobertSoos

Wait for trendline to break, otherwise no trade TP1: Fib 38.2% TP2: Fib 50%

RobertSoos

No trade in EURUSD until: - 61.8 Fib level tested and confirmed or - 100 DMA reached and rejected

RobertSoos Updated 

T1: 200 MA H4

RobertSoos

20 DMA support - SL H1 range break is entry RR: 1:4 (more with trailing)

RobertSoos

R: H4 20MA T: 200 DMA = 5% SL: 1.3%

RobertSoos

Supporting long: Daily trendline break, with candlestick support + retest Sensitive stock market sentiment TP: 4% SP: 0.9%

RobertSoos

Supporting Long: - H4 EMAs are the support - trend continuation candlestick pattern - 3-5% upside potential till D1 EMAs

RobertSoos

Picture tells all, if Chinese data or Risk sentiment falls, this setup will fail.

RobertSoos

I have missed two nice long entries. Watching the rally on the sidelines until next big resistance D1 200 EMA.

RobertSoos

Sentiment is improving with US500 breaking higher and higher ZAR is a carry ccy -> costs to short it Technical: - failed H1 long attempt - 5% to the 200 EMA on H4

RobertSoos

At current situation SPX500 has very poor Risk-Reward Ratio, the next big move is 50-50% to the up or downside. I see no bias to any direction. In waiting mode....

RobertSoos

The picture tells it all. Key risk: Friday NFP volatility

RobertSoos

NOK got undervalued due to the OIL price decline Norges Bank interest rate: 1.5% vs ECB 0% -> carry favors NOK Inflation is also higher in Norway I went short on technical + fundamental factors coinciding.

RobertSoos

Support for ZAR weakening: - Profit-taking on stock markets approaching year-end -> USD safe-haven appeal - Strong technical support for USDZAR @ 200 DMA - Break out pattern on Daily chart

RobertSoos

NZDUSD - bottom of channel + MA support 1:3 RR

RobertSoos

- cca 4% divergence from 200 DMA -> looking to see a pullback - TP is set @ 38.2 Fib level - 1:3 RR potential - ahead of US NFP data, but less influence

RobertSoos

Test of 200 DMA + tiny candlestick = short correction. First TP around $60 per barrel for Brent. Supportive: USD strength (more hawkish Fed, stronger NFP)