craig.sloper.10

craig.sloper.10

Trading Structure can be tricky. You can see a Break of Structure (BOS), your trying to get in on retracements and just keep getting Stopped out? This will help. Trade only after a Liquidity Grab, I'm going to call this a "Grubber". After the Grubber, There must be a STRONG Impulse move which breaks Structure in the Opposite Direction, Then you have to wait...

craig.sloper.10 Updated 

Ladies and Gentlemen of the Forex Trading Fraternity. I Submit for your Consideration 5600 Pips of opportunity in the CHF/JPY Currency Cross.

craig.sloper.10

Since the High on 27 March we have had an Impulse down followed by a correction nearly back to the high, followed by another 5 wave impulse down, taking out the low, and then a return to the high's again. This Price action qualifies as an Elliott wave Zig Zag. Looking at the volume profile I am observing that the Point of Control aligns with the Wave 4 extreme...

craig.sloper.10

I consider these 4 components when taking my trades. Levels - Look for previous Resistance levels to become areas of support, Look for previous Support levels to become areas of Resistance. Structure - Basic Elliott Wave Concepts. Look for An Impulse Leg making a new Higher High or Lower Low, then wait for a pullback to Level. Structure qualifies Identified...

craig.sloper.10

I consider these 4 components when taking my trades. Levels - Look for previous Resistance levels to become areas of support, Look for previous Support levels to become areas of Resistance. Structure - Basic Elliott Wave Concepts. Look for An Impulse Leg making a new Higher High or Lower Low, then wait for a pullback to Level. Structure qualifies Identified...

craig.sloper.10

With appropriate time and price confluences. Looking good!

craig.sloper.10

Look for liquidity to build up during Asian Session, Run the lows into the Point of Interest during European/London session to go long.

craig.sloper.10

More Confluences at 1.2620 than you can shake a stick at. Stop goes below impulse with limit order, or wait for Bullish Engulfing or Doji from that level for a super tight Stop.

craig.sloper.10 Updated 

High Beta/Safe Haven Match up. This Pair has not tanked yet but the setup is there for it to do so. The Carnage in Stocks the last few sessions are giving extra confidence that this Technical setup will play out.

craig.sloper.10

Euro has alot of work to do to prove itself. But as Larry Williams says....... "You can't pick fruit if you don't go out on a Limb" We have potential for this to be at, or very near a meaningful Multi week Bottom.

craig.sloper.10

A Not overlapping 5 waves in c of y. On alert for a meaningful swing Low of Daily Time Frame

craig.sloper.10 Updated 

Clearly a strong wave 3 finished circa 24 November. We have No Overlap between waves 4 and 1. High Probability of a New Low in coming weeks. Should we get down to 1.09 i anticipate strong buying interest as this was the case last time we were at that price point.

craig.sloper.10 Updated 

Allowing for 1 more Low in coming weeks before starting a Multi year Rally. A 3rd of a 3rd Strong Wave Higher to begin after a new low. Will align with a Fundamental shift of Huge significance, whether it is a Natural Event, A War, A Financial Collapse.... I don't know, But when the event unfolds be ready for the USD to get absolutely hammered.

craig.sloper.10

The Dow has broken out of it's base channel and there is a nice impulsive move happening to the downside. The 1.618 Extension of wave 1 has been reached. I have no idea if we start to retrace here or if we have much further to go. But if we do retrace in 3 waves to the 38.2 Retracement level of wave 3 at aprox 3500 then i will look for Sells, here are some...

craig.sloper.10

Have nice 5 wave decline here, adding confidence to the idea that a Wave 4 is complete at higher degree. Watching how retracement unfolds. Looks like it's a double zig with a triangle wave x. If we can get another abc higher with a triangle in 4 of c then a Momentum divergence up into 1.14 the high volume node of wave ii i will be glued to chart for price...

craig.sloper.10 Updated 

Moves to the Upside look impulsive, Retracements look corrective. We have now broken out of the triangle by breaking Trendline that connects the top of impulse wave Cycle A and Primary 1. I'm considering that we are now in Intermediate wave 3 of Primary wave 3 and expect good upside progress. We had a good push down last month into Value area created...

craig.sloper.10

Bullish against 1.3015 the low of the impulse. Entry 1.31-1.3130 in the region of the lower degree wave 4's. Target is a weekly Support/Resistance at 1.3270

craig.sloper.10

Bullish Engulfing printed on the Weekly Chart, the candle bounced off a Weekly Support/Resistance Line. Going down to the 4 Hour Time Frame, I can identify 5 Waves that do not overlap. This gives us the opportunity to "track" the Retrace and see if we can identify it's completion. Mindful of the idea that it could coincide with the FOMC.