EURUSD: just recording small trade
This trendline and horizontal support seems important. Either we keep on bouncing from here or fall down to 98.00. I will bet that the test will hold and that the dollar will rally.
USDCHF.... DXY is at support.... so...buying.. hoping it does not fall again..
Sorry, I did not post this one, as I did not know it would work out. I had low confidence. Now, this afternoon, it seems to be working in my favor.
AUDNZD: Price Fluctuation Study and Fundamental Thoughts There is evidence that the bulls maintain control. There is a bull flag. NZD to hold rates, which could be a catalyst to push this higher.
The Quarterly target was hit. Now, I think that this pair could fall more. My projection is now, approximately, 300 pips away: 0.7040 to 0.6720. s3.amazonaws.com
AUDUSD: 2:1 and 8:3 Reward-to-Risk Opportunity, but I don;t believe it; however, it doesn't matter what I believe. What matters is that this is a supply zone. I put my orders in and I will watch it fall again.
EURUSD: Self-Study of Supply+Demand+Financial Auction Markets#2 No view.. just making observations.
USDCHF: Buying Demand Levels - Potential Demand Level I am in....
(1) Breach of TL (2) Breach of Support (3) pulling back into resistance with limit orders waiting
No View. I am just making observations.
USDJPY: Self-Study of Supply+Demand+Financial Auction Markets#3 No view; just making some observations... I have changed buyers and sellers to "home buyers" and "buying from home buyers" or "selling to home buyers".... so that it makes more sense to me.
GBPUSD: Buying Again at Daily Support and Looking to Sell I like the daily response so far at support. Price has extended 100\% from the previous downward legs. This level was a support level on the RSI previously, so I think it can happen again. It looks like a "Pi" pattern. Con: Within a Descending Triangle. I am looking for an opportunity to sell also.
USDCHF: My 2.8 R/R Ratio is Better Than Your Rate Hike! Whenever you here the gurus say, "This is a ," replace it with "This is ." Professional gamblers look at four key things: (1) Reward/Risk Ratio (2) Probability (3) Limit Losses and "Let Your Winners Run" (4) Behavioral Studies (5) Look for an "edge" "Professional" Analysts (fundamental or technical)...