insulinSpike

insulinSpike

Long opp is offered bot at .3550 or one more low at .3500

insulinSpike

I'm gonna look to fade this strength on USDCAD at 76.4 this is on my watch list, will see how it gets there first then I could adjust reward.

insulinSpike

Resistance I'm watching: 1.130-1.160 if there's lower high there I'm selling.

insulinSpike

look weakness at 1.0 fib extension

insulinSpike

Price still moves within the downtrend channel. I was expecting to buy but the price still looks weak, no volume, no demand interest showed at this moment. Will be looking weakness at intraday resistance: 20.25-20.79 looking price breaks below 18.49 (holiday's low) and from there I might be looking to buy, will see the reaction first. But at this moment this...

insulinSpike

Just precaution in case the price will get bid at 1.3600 to new intraday high > 1.3652 before invalidating 1.3588s it might end the downtrend and bouncing higher. But if there's no intraday high and price goes below 1.3588 then i'd just look to buy at 1.3550-1.3500 (previous possibility) my problem with bearish the eur is euraud doesn't seem constructive to the...

insulinSpike

been waiting for hours with london open but the price seems so weak might drop to another low... got out with 14 pips lol. i'm buyer at 1.3550s - 1.3520s

insulinSpike

if this is breaking red line then we'll have strong selling pressure to the downside, so far it's like forming a wedge, and might break and retest higher levels. maybe retest previous high.

insulinSpike

will look to go long at dip 1.041,83 out at 840 target 1.367

insulinSpike

not really supporting idea for long. will try to short if price goes to red sell zone. stop 1.280

insulinSpike

possible has bottomed. looking up 90 pips stop 1.3570

insulinSpike

But who knows, this could fall breaking the support. Will wait to sell at higher level if that comes, if that doesn't then until it breaks red line, will sell the bounce. Because the last time it made this blown up in indicator, it was only fake head then fell. if there's new high it could go as high as 185.82-188.47 imho...

insulinSpike

I wonder why the dollar index (I'm using the dollar etf here) hasn't shown very bullish posture at this moment looking at the weakness in Pound and Euro? Last time those pairs made high dollar index didn't make new low either. Hmmm... In fact I think there's similarity move with gold at this point of time. We'll see next week for the follow through.

insulinSpike

Booked profit at 1.62 extension, didn't wait for entire move as CNBC came with the highlight of daily technical for oil just had very bearish signal, MA 50 crosses MA 200. This has been very severe selling, I'd expect people would go short-covering next week. Will see if this fits to next sell. anyway 33-34 is very big support so better be careful than sorry....

insulinSpike

I'm shorting pullback EURUSD at around 1.3780s looking for 1.3550 stop at 1.3820 unless this becomes waterfall to the downside breaking 1.3520s then again I'll miss the train. Next week: super mario draghi's show expect volatility and drama!

insulinSpike

yea ok, so far no entry yet. either this blasts off upside now or it'd make pullback to previous support at 609s if this goes without me, now, i'd miss the train.

insulinSpike

Ok I've booked profit for shorting this last night for 13 points on ES1! Won't be too bearish but will see the reaction if the price holds 182. 38 and the price goes 185.82-186.16 but this will be my next level to be considered as short entry above there. VIX and VXX don't support being too bearish just yet, might be another move lower for them and higher for SPY...

insulinSpike

well this is speculative at the moment, better than trading eurusd, clearer setup. So I'm looking to go long at 8960s and stop below 8930. looking for decent 9130.