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USDJPY ANALYSIS - SHORT
It seems a Wave C is in progress on the minuette period?
MACD also shows divergence on the 4H from the last Wave iii (Minuette Period) ?
I'm looking for a fibonacci entry on the 0.618 (just below the daily pivot/resistance), to trade the rest of this wave C
I have booked 2x Sell Stop/limit to trade 1/2 and full length of Wave C.
GBPCHF ANALYSIS - SHORT
It seems we are approaching the end of an Impulse Wave 2 ?
This trade seems exceptionally great due to the potential Risk to Reward ratio at almost 10:1 maximum, because I will attempt to trade from the start of Wave 3.
I've booked 3x Positions for this trade, to become active AFTER the price action hits the price point within the...
USDCAD ANALYSIS - SHORT
It seems that we are about to start a Wave (c) in the Minute Period ???
I've booked a position to trade SHORT, but only once the Price action at the Fibonacci box/region is reached, together with the Moving Averages confirming the SHORT close is outside of the MA channel.
There is also a possibility that this could make another...
EURUSD ANALYSIS - LONG
It seems that an opportunity to trade wave 5 of the Minute Period, is in sight?
I've booked 1x position to activate once the price action hits the 0.780 Fibonacci, with a relative risk to reward ratio.
I'll also wait for a lower period (possible sub-minute or sub-minuette) to provide me a trigger for entry, maybe on the 15M. This strategy...
It seems that we are approaching the end of a Triangle formation (in Minute and Minuette Periods) and getting ready for a huge Impulse to the down side (SHORT) ???
With this trade, I've prepared 3x positions to be executed only at particular areas, as follows:
Positions 1&2: At the 0.50 Fibo of the current spike (from Yellen's speech), and I'm...
USDCHF ANALYSIS - LONG
It seems we are completing a Wave (c) in the Minuette period ?
I've booked 1x Position to be activated on reaching the 0.382 Fibonacci region (rectangle/box) shown on the chart, to trade all the way up (LONG) to the top of the channel.
I believe that this trade has a good risk to reward...
It seems we are in the final stages of a triangle on the Minuette period, within a wave 3 Minute period within a wave 3 in the Minor period ???
As Gold has it's own very volatile personality, we can always expect huge moves (fibos) moving through the wave.
I've currently got a position open since 21st July 2016 which I will close if it reaches
LHAD LUFTHANSA ANALYSIS
It seems a wave Y correction is currently in progress and once completed, we may see a reversal and possibly break the down trend to go LONG with the start of an impulse wave 1 ???
This one will be good to watch, it might give us a huge impulse LONG if it breaks the trend ???
MACD also shows huge divergence.
Possible Wave 3 within Wave C ?
Although it seems a little too late to enter, I've entered this trade anyway, hoping to trade until the end of wave 3.
I've taken only 1x Position on this trade.
It is possible that we have the start of a wave 3 on the minute period ?
I've set up a Pending Order / Sell Stop on this pair to trade a wave 3.
Only if the EMAs 8 and 34 Period cross as well as reaching the price point, will the trade activate.
I have reanalysed this chart and it seems that a BEARISH wave 3 is currently in progress ?
I've opened 1x position to trade wave 3
In this trade I won't be moving my SL, it will remain in place until either TP is reached or for some reason I see the market changing due to news.