simple_don

simple_don

tokyo stock market ripped higher after the election into a buying climax (BC) on the 10 NOV. after that a sharp automatic reaction (AR) set up the trading range. from that low on the 10th NOV market rally to upthrust though the BC key level at 25865 Now price is below that level and retesing the underside of resistance. Possible that a move down into 24800...

simple_don

This trading range may turn into a continuation or make a significant top. Either way, there is the possibility that prices will fall into support 11600 level.

simple_don

EUR/AUD could be primed for a breakout to the upside OR a False break before a finale move down below support 1.6 to form a spring. I tend to favour the latter optoin but the long side for a breakout is tempting - tight stops though.

simple_don

EURAUD exhibits a clear trading range. Trading range = pre-curser to directional move. Looking for a spring in the next few trading sessions.

simple_don

If you belive -ve rates are a thing then this trade is not for you. If rates have hit all-time lows then this Wyckoff topping pattern on the 10 year T-note weekly chart makes fundamental sense. Technically it has a lot of work to do to the downside to confirm. Typically Wyckoff tops with Upthrust after distribution (UTAD) resolve swiftly to the downside. Noting...

simple_don

The downtrend that has been in place since the March 20 high may have concluded, at least temporarily. the market has moved sideways in a trading range since 31 June The market is potentially in a back-up move. Needs to hold > 8.639

simple_don

Possible Wyckoff set-up on 1 hr time frame Stop 0.685 Entry target 0.688 Trade Goal >0.695

simple_don

G'day watching price action though 3.09 zone. The possibility that the breakout move 18 SEP could be a Wyckoff UTAD.

simple_don

Speculating on a strong US dollar via the USDJPY cross. The range is well defined. Limit order places to buy 107.9.

simple_don

Broad wykoff topping pattern.The market has lost momentum into supply zone. Short

simple_don

My analysis concludes that this market has a topping pattern. This analysis would change if prices exceed 6740. I have initiated by selling at market. Limit order at 6685.

simple_don

Bought at market on Friday. Looks like a back up after he first run at risistance.

simple_don

A bullish hikkake pattern formed in both DJIA and S&P 500 on the 9th of June. the Level in the DJIA that the pattern formed is significant resistance turned support opening the door for fresh new all-time highs. I placed my stop below the low of the false break and place a stop order to enter at the opening price on the 10th. This order was filled overnight.

simple_don

On the intra-day Charts, I have recognized a potential Wyckoff Spring set up that may serve as a short term continuation. This set has formed at the lower boundary of a much larger Wyckoff base that could be forming on the daily/ weekly.

simple_don

I viewed the close below support as a potential bear trap (wyckoff spring) Placed an order to buy stop at 15.189 against 15. Targeting a move above the most recent high.

simple_don

Looking at this market to trade into the $4 area over the next 1-2 weeks.

simple_don

On the Weekly chart of the USDOLLAR index, I have plotted the components of a Wyckoff Distribution pattern. IF the analysis is correct, then the US Dollar is about to enter a mark-down phase that should last many months and pull it down to at least the 72.00 level (1.618 Fib extension).

simple_don

The high may be the top of intermediate wave 4. Looks like a double combination since the selling climax Expect the market to test the low of the range in an impulsive 5 wave move down into a spring.