cooney_s

cooney_s 213 views ・

Thanks to the bullish breakout offered by the FOMC non-rate hike and forward guidance, we have a new pattern to map and navigate. Several bullish targets are marked along the way to 2880, note the vertical time markers.

cooney_s 158 views ・

This chart is a bit late, as I was just reviewing an old script I posted a few years back called Arbitrary Price Pivots. The theme behind this post is the Arbitrary Price Pivot indicator used here is based on the new Quarterly level for SP500. This version of APP colors the price bars based on its relative position versus the time selected (3M, equals three...

cooney_s 135 views ・

COINBASE:LTCUSD LTCUSD has established a breakout pattern and has begun its Retracement phase. -23.6 fib level is a common buying level. Between the Zero fib line and -23.6 is an Accumulation Zone for Buyers. Bullish price projections expire by February and March 2018. Neutral position on this asset until price falls...

cooney_s 77 views ・

COINBASE:ETHUSD Two good Buy Levels for ETHUSD and the expected bullish price projections. Based on two bullish breakout patterns. Same technique used for SP500 and BTCUSD. Draw the trendline on the location of the breakout and that projects the speed of price movement and the fibonacci extension is used for the price...

cooney_s 195 views ・

BITSTAMP:BTCUSD Further Bullish projections to expire by Dec. 19th. Trend lines based on the breakout pattern. We can attempt to measure the speed and timing of price by using the breakout pattern frequency line, much like I did with a projection for SP500 about this time last year.

cooney_s 181 views ・

Here, I offer a look at using the prior time frame Median as a means of bullish or bearish sentiment/trend. The indicator plots PRIOR Daily, Weekly and Monthly Medians. Currently, this week, we have Bearish Cross of the short term Daily Median below the prior Week Median give us an obvious bearish formation. Conversely, possible value in longer term view for...

cooney_s 179 views ・

Updated version: Custom pivot tool which allows the user to input a specific price and the output are pivots based on that price. Totally customizable tool: Levels have color options, Levels can be changed by user input. Fibonacci, Square Roots, Pi....etc etc. Here I have implemented Standard Distribution Deviations ratios.

cooney_s 154 views ・

www.rbnz.govt.nz Just want the TV community to be aware of this fundamental change to the Kiwi across the board. cid:image003.jpg@01CEAD68.470EA830 15 December 2015 Updated weights for Trade-Weighted Index The annual re-weighting of the Trade-Weighted Index (TWI) will take effect on Wednesday 16 December 2015. The TWI is a...

cooney_s 69 views ・

Here I offer a longer term chart in the form of 8hr bars. I see current price is contending with a major Swap Level @ 2.3400. I have marked points of buying and selling pressure with angles. 45 degree (white dashed lines) is a dividing point between speed/acceleration of price and price bias. Pretty clear, if price is above 45 is bullish and vice versa. 67...

cooney_s 259 views ・

Update to the previous version of Arbitrary Price Pivot tool. Here we have specific pivot levels based on the Standard Distribution Deviations. You will see three levels of each deviation greater than 97.7% (2.0). For example, standard deviation 3.09 has a ratio of 99.99% certainty price will return to the mean. So we have 3.09, 6.18 and 9.27...three levels of...

cooney_s 93 views ・

See the chart notations. Price of Euro usually works within the Fix Rate structure that I capture using the Arbitrary Pivot indicator. Here we have 1.1218 as the Main Pivot, fix rate of the first Friday for June on June 5th. Unfilled POC stands at 1.1132

cooney_s 105 views ・

Further reason why I see short term bullish price action on Weekly price bars. LSMA shows price should be moving bullishly and price has been overpowered by bearish trading behavior. I see price as being heavily oversold in recent past and needs to re-balance this divergence.

cooney_s 44 views ・

In continuation from prior post; R Squared on 52 week period setting is telling us the down trend is weakening, NOT strengthening, at least on this 52 setting. Linear Slope slightly positive. My feeling is the pair is highly oversold. Speculators have taken hold of the bearish sentiment with everyone expecting the RBA to announce a rate cut as a given. The...

cooney_s 71 views ・

Could be either a really good time to start getting long Aussie Yen or the heavy selling will continue much further. I have an ideal entry level with a really tight stop. Break that stop and I will be looking for shorting opportunities. Chart has the four targets with Risk Reward ratios. Still a little selling off to do to rid the shorters before a heavy...

cooney_s 48 views ・

Here I was working on some time expiration detail on the Aussie Yen. We have an obvious trend change coming due in the next bar or two(next week). Price is about to converge on the 1.618 lower pitchfork deviation barrier along with a Fib Time Expansion expiration of 6.18.

cooney_s 223 views ・

This could be the wrong way to use these tools. This is my first opportunity to put them to use. Feedback is welcomed. Two Volume Profiles at work. One Fixed Range from October 16,2014 through December 7, 2014. I then drew a Fib on the 70% Value Area to determine the 50% Fib balance point. Dark blue line from far left of screen is the Fixed Range POC. Sky...

cooney_s 74 views ・

This may become my new favorite base currency to trade after the NFA has made margin requirements alterations. I like trading with the cheaper base pairs to keep my capital at risk as affordable as possible. At least that is how I see it. If USD bullish sentiment continues I see the Kiwi continuing down to the 7261 level by the end of the month. I will be...

cooney_s 89 views ・

Please see chart notation regarding the notice from FXCM and client accounts. Margin requirement increase taking place effective 4pm EST.