elitefx

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Joined
Markets Allocation
86 % forex 7 % commodities 7 % other
Top Mentioned Symbols
FX:EURUSD 25% | 15 USDJPY 22% | 13 USDCAD 10% | 6 FX_IDC:EURUSD 8% | 5
elitefx elitefx EURUSD, 30, Short ,
EURUSD: EURUSD Short
53 0 2
EURUSD, 30 Short
EURUSD Short

Sell the retrace level, tighten the stop as we go. Anticipate spikes to 1.2420.

elitefx elitefx EURUSD, 30,
EURUSD: Idea for month end - Short EURUSD
77 0 3
EURUSD, 30
Idea for month end - Short EURUSD

Month end, quarter end. Don't know where we go but here's an idea. Probably can wait until Monday to enter though. Already short based on my earlier idea.

elitefx elitefx EURUSD, 60, Short ,
EURUSD: EURUSD - Short into Friday
90 0 4
EURUSD, 60 Short
EURUSD - Short into Friday

Never be surprised by a spike to 124 but downside is more likely. Selling around here has paid off twice already this week.

elitefx elitefx EURUSD, 30, Short ,
EURUSD: EU Short Idea
125 0 3
EURUSD, 30 Short
EU Short Idea

Can easily see EU going above 124 this week, but 122 also has some pull.

elitefx elitefx EURUSD, D,
EURUSD: Tracking Pattern EU - Long EU
35 0 5
EURUSD, D
Tracking Pattern EU - Long EU

Refer to my earlier idea, Long EU.

elitefx elitefx EURUSD, 120, Long ,
EURUSD: Long EU on pullback
50 0 4
EURUSD, 120 Long
Long EU on pullback

Tracking basic ABC pattern to 11920/40. Looking for a positive drift prior to ECB meeting next week. Re-evaluate then.

elitefx elitefx EURUSD, 120, Long ,
EURUSD: Long EU
74 0 4
EURUSD, 120 Long
Long EU

Get ready to reverse the whole FOMC reaction and then some.

elitefx elitefx EURUSD, D, Long ,
EURUSD: Good Risk Setup - Long EU
62 0 2
EURUSD, D Long
Good Risk Setup - Long EU

Since the swing from a week prior to Jackson Hole. Next week could spring the euro to new highs. Targets 122 and higher.

elitefx elitefx USDJPY, 60, Long ,
USDJPY: USDJPY Bulls Only
89 0 3
USDJPY, 60 Long
USDJPY Bulls Only

Good spot for UJ bulls to enter for 111. Whether or not you should be bullish on UJ is a decision you have to make yourself.

elitefx elitefx EURUSD, 60, Long ,
EURUSD: Possible Pattern Setup - Long EURUSD
121 0 4
EURUSD, 60 Long
Possible Pattern Setup - Long EURUSD

This is a potential consolidation scenario for the rest of the week.

elitefx elitefx EURUSD, 60, Short ,
EURUSD: Gamlers Delight EURUSD Short
154 0 3
EURUSD, 60 Short
Gamlers Delight EURUSD Short

Chances of this working are less than 50%. Way less.

elitefx elitefx USDJPY, 60, Long ,
USDJPY: USDJPY Range Bound
73 0 3
USDJPY, 60 Long
USDJPY Range Bound

Looks like GDP news will keep us in the recent range.

elitefx elitefx AUDUSD, 60, Long ,
AUDUSD: Trading 101 - AUDUSD Long
22 0 1
AUDUSD, 60 Long
Trading 101 - AUDUSD Long

Will it work - who knows.

elitefx elitefx USDJPY, 60, Short ,
USDJPY: Correction USDJPY
88 0 2
USDJPY, 60 Short
Correction USDJPY

This is the way the bat should have been drawn.

elitefx elitefx USDJPY, 60, Short ,
USDJPY: USDJPY Retrace Complete
61 0 2
USDJPY, 60 Short
USDJPY Retrace Complete

I should have seen this earlier today. Downside as far as 109.30 is available.

elitefx elitefx USDJPY, 60, Short ,
USDJPY: USDJPY short
55 0 1
USDJPY, 60 Short
USDJPY short

Reciprocal AB=CD to complete the correction leg. Good risk reward for play to 110.

elitefx elitefx USDCAD, 15, Long ,
USDCAD: USDCAD - Bottom pickers delight
76 0 5
USDCAD, 15 Long
USDCAD - Bottom pickers delight

Have some Friday fun but play it tight to the vest.

elitefx elitefx EURJPY, 120, Short ,
EURJPY: EURJPY Retrace Pending
51 0 5
EURJPY, 120 Short
EURJPY Retrace Pending

Sell it at 130.50.

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