salsapete

PRO
Message Follow Following Unfollow
Last visit Joined 2 years ago Cleveland, Australia
Markets Allocation
65 % forex 35 % other
Top Mentioned Symbols
XAUUSD 23% | 15 AUDUSD 10% | 7 EURUSD 9% | 6 GBPJPY 7% | 5
salsapete salsapete PRO EURJPY, D, Short , 6 days ago
EURJPY: EUROYEN  taking the stairs down.
39 0 2
EURJPY, D Short
EUROYEN taking the stairs down.
Possible 5th wave down commenced for euroyen. HA candles closed beneath the 8/14 MAV cross @ 121.90. Enter around 120.90. Trade invalidated at 124.10. Look for a .618-.666 fib retracement from the 2016 H2 consolidation and rise. Target 114.50 Exit for partial profits if a green HA closes above a crossed ...
salsapete salsapete PRO XAUUSD, D, Long , 6 days ago
XAUUSD: Gold AB=CD
264 2 6
XAUUSD, D Long
Gold AB=CD
Gold with a continued buy ( ideally closer to 1200 for entry), in which we are trading a potential BC leg. The target is just below the .618 retracement @1250. The point of invalidation would be 1176 ( beneath the 14 MAV) . The trade would be closed short of target if the HA closes beneath a crossed 8/14 MAV. ...
salsapete salsapete PRO XAUUSD, D, Long , a month ago
XAUUSD: Gold - on average worth a long shot
154 0 4
XAUUSD, D Long
Gold - on average worth a long shot
Consider gold for a corrective buy opportunity, when the HA price closes above the 8/14 moving averages. The point of invalidation is the recent swing low of 1122. Target is support level of 1210 ( support in Feb,March,June 2016) now acting as resistance and fib 50 level of the 2016 gold uptrend. Risk Reward ...
salsapete salsapete PRO XAUUSD, D, Long , a month ago
XAUUSD: Gold worth a long shot on average.
87 0 3
XAUUSD, D Long
Gold worth a long shot on average.
Entry for a long when price closes above the short term moving averages. The point of invalidation is a close beneath the recent swing low @ 1122. Target is a prior support level (Feb,March,June 2016 , & Fib 50 level) . Risk Reward is 3 to 1. If price is beneath target , and closes below the short term ...
salsapete salsapete PRO XAUUSD, 240, Short , a month ago
XAUUSD: GOLD short
226 0 7
XAUUSD, 240 Short
GOLD short
Wait for gold to make a significant (.618-.666) retracement of recent swing , to enter short. Point of invalidation is above swing high @ 1166 Target is 1117 ( .786 retracement of the next degree higher trend) Risk/Reward = 2
salsapete salsapete PRO EURUSD, W, Short , a month ago
EURUSD: EURUSD below a BUCK
61 0 11
EURUSD, W Short
EURUSD below a BUCK
EURUSD has been in consolidation for a significant period. The muted future tightening cycle of the FED , may be what is required to sink the EURO below parity ( to the .786 fib retracement)
salsapete salsapete PRO USDJPY, D, Short , a month ago
USDJPY: USDJPY Short
195 0 7
USDJPY, D Short
USDJPY Short
Given the strong impulsive move of Dollar yen , now considering b retracement moving to .786 of recent swing ( a wave) . If so , the target to short for the c wave is 92 ( .666 retracement wave 1), and unchanged. We would then have an AB=CD outcome, where the a and c waves are equal in magnitude.
salsapete salsapete PRO AUDJPY, D, Short , a month ago
AUDJPY: AussieYen mirroring other yen pairs.
75 0 4
AUDJPY, D Short
AussieYen mirroring other yen pairs.
Wondering if Aussie yen will make a .5 - .618 correction of recent swing ( subwave 3) to 89. From here, a final leg of correction down to the .786 retracement @ 66.
salsapete salsapete PRO EURJPY, D, Short , a month ago
EURJPY: Surfin the EURJPY Waves
58 0 4
EURJPY, D Short
Surfin the EURJPY Waves
EURJPY possibly making a corrective 4th subwave to 125-126. IF this holds, then a potential 5th Subwave to 1.05 completing a multiyear larger Wave 2 correction. I am waiting to short with this 5th wave.
salsapete salsapete PRO GBPJPY, D, Short , a month ago
GBPJPY: GBPJPY  Logic short
175 0 6
GBPJPY, D Short
GBPJPY Logic short
Wondering if GBPJPY will make a corrective move to .618/.666 retracement zone @ 149 - 151. From here , possible continuation of downtrend to a multiyear low @ 116.
salsapete salsapete PRO USDJPY, D, a month ago
USDJPY: USDJPY possible zig - zag correction
143 0 5
USDJPY, D
USDJPY possible zig - zag correction
Consider the possibility that USDJPY is making a Zig - Zag for a Wave 2 correction. If such , the b wave may look to reverse into the c wave around 117.00. The c wave then making a move downwards for a wave 2 correction at .92 - .94.
salsapete salsapete PRO XAUUSD, D, Short , a month ago
XAUUSD: Gold heading south
223 3 6
XAUUSD, D Short
Gold heading south
Continuing a preference for gold to be sold. Entry @ 1172 ( .618 retracement) Stop above 1198 ( minor daily swing high) Target between 1117 and 1122 ( .786 retracement and 161.8 fib extension) . Risk Reward = 1.8 +.
salsapete salsapete PRO XAUUSD, D, Short , 2 months ago
XAUUSD: Gold Daily Short
80 0 1
XAUUSD, D Short
Gold Daily Short
Still with a gold short preference. Entry around 1200 - 1210. Stop above 1235. Target 1 @ 1157 ( 2/3s retracement). Target 2 @ 1118 ( .786 retracement) .
salsapete salsapete PRO XAUUSD, 60, Short , 2 months ago
XAUUSD: Gold Scalp
76 0 2
XAUUSD, 60 Short
Gold Scalp
Entry at retest of recent consolidation breakout on hourly chart @ 1180 -1181. Stop above breakout candle @ 1187. Target recent hourly low @ 1170 RiskReward = 1.7
salsapete salsapete PRO XAUUSD, 240, Short , 2 months ago
XAUUSD: Gold short
115 0 4
XAUUSD, 240 Short
Gold short
Wait for a retracement towards 1200 , before considering a short entry. Trade invalidated above recent consolidation. Target 1157. RiskReward = 2+
salsapete salsapete PRO XAUUSD, 240, Short , 2 months ago
XAUUSD: Gold Update
208 0 6
XAUUSD, 240 Short
Gold Update
Short Gold at 2/3's recent swing retracement. Trade is closed if price rises above recent swing high. Target @ equal legs projection.
salsapete salsapete PRO USOIL, D, Short , 2 months ago
USOIL: USOIL Short
98 0 4
USOIL, D Short
USOIL Short
USOIL short Entry @ 45.90 ( retesting trendline ) Stop @ 51.90 ( above 2016 swing high) Target @ 34.90 ( 2016 retracement around 2/3 's ) Risk/Reward = 1.8
salsapete salsapete PRO AUDUSD, D, Long , 2 months ago
AUDUSD: AUDUSD  Long
110 0 5
AUDUSD, D Long
AUDUSD Long
AUDUSD Long Entry @ .7450 ( lower channel ) Stop @ .7150 ( recent swing low) Target @ .8150 ( possible completion of wave 4 ) . Risk/Reward = 2+.
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