thillygoosth

thillygoosth

Gcad hit my zone but looks like it should at least hit that equal line 30 more pips down. Ncad went down a lot and at this point I would rather be looking for a 4 hour correction to sell again and not a flat pattern. These Cad pairs could just keep going. If you had entries when I originally posted them I you might possibly be able to hold long term. I will...

thillygoosth

Ncad came off .786 fib and has now broken out of ending diagonal... I will just make a short video and post it on my channel to better explain how to go about trading it. I've posted a couple sell entries I believe. Entering right now not the smartest entry point, it can go down a lot more but we should get a larger correction before BIG drop. You may get some...

thillygoosth

But in my opinion, I would prefer it make 1 more high (kinda like a small flat) within that little flag. It may not, but if I saw it do that, then break the trendline... I'd be extremely interested, especially if around london.... But I have 10 positions open and I am going to the gym so I will probably not bother with it. May not be worth messing with, but it...

thillygoosth

Gcad came of equal length to wave "1" or "W' in a 5 wave diagonal (however, not overlapping which would have been much better) but still a diagonal 5 wave that has the inner 3 wave look which would indicate ending.. But it's the fact that this was how it broke out of the pattern and fork it was in. At this point I can't call a full out reversal, this last wave is...

thillygoosth

Ucad hit exactly the target I said. At the .618 at equal length, slightly breaking pitchfork. My concern is the wave measurements and the possibility for a consolidation with another push up. However, I'm beginning to consider the idea of the sell.

thillygoosth

3 touches on trend line, then broke low extending 27 % for possible corrective structure. Looking for at least a retest into that blue line zone area. I am positive as I type this and my entry only has me risking a couple pips. At a major supply zone in what should be a short wave but know you are trading into most likely a reversal correction for CJ to retrace...

thillygoosth Updated 

I am attempting a scalp to that resistance level, and will continue paying attention for any larger correction "sell setup" as it could be making a flat pattern potentially. This is considering how it trapped buys at the trend line like that and the fact that it did a 5 wave down and a 1-2-3 correction.

thillygoosth Updated 

see where the trend lines cross? This is about tight stop, risk to reward

thillygoosth Updated 

Looking for one more wave up. It is at trend line. I would prefer to see it break trend line, will definitely be paying attention to this pair through next week. Need price action to confirm. I would suggest throwing a fork on it if you can just in case. I have not been able to post or update, been busy with other stuff.

thillygoosth

The point of the EU buy is looking to break that high, and possibly making it up to the weekly trend line it never hit for a wave 5.... I think it will either do that or it will break that high of the correction and make a correction for a sell. It wicked off the .618 twice.

thillygoosth

All then yen pairs turned from buys into nice sell setups this past week. I held this EJ buy for a while and finally closed my last position wed or thurs. I do see it as being in a downtrend, but I am looking at this as a wave 2 retracement and if that is the case I would expect more up. It had some tight candlestick action as it worked down and closed the week at...

thillygoosth

The whole point of that sell was trading the breakout of that smaller correction. The dollar just keeps screwing around. NZD news this afternoon. It is setup where it can go either way now. It needs to be making a small expanded flat right there (yellow) and go down or I am closing. I probably am just closing, I don't have proper time to post or update today.

thillygoosth Updated 

Acad can produce a smaller ending diagonal, but looks like it may retrace at least a little from this area. It is now london close time and today's New York setups were nothing special. I am still holding my NU sell to see if it goes, but not the greatest setups this morning. Oh and I'm up on an NJ sell setup I took but didn't post. Aud more bearish than NZD...

thillygoosth

It is possible it comes down to break the low. It is also possible it is a shorter term correction. The entry would be now for minimal risk.

thillygoosth

I'm saying these Cad pairs can't spike up some more, but you see where they are at. Ecad daily TDI has turned down, after it broke major high and pulled right back to wave trend lines. A 50-62% retrace would give us some structure. Whether or not we get that much, I can't say. You would essentially be selling tops on these Cad pairs so if they spike up a bunch...

thillygoosth

I would have to show you this chart from several different angles. All I can say is Ncad is holding at the .9500 level just below trend line in a an overlapping 5 wave diagonal (which would indicate ending) barely poking out of diagonal trend line and fork channel. I would expect it to react to somewhere in this area above. If it shoots up, we will probably get a...

thillygoosth

I closed all my trades this morning when I got up. Didn't like what I saw. Watch out for spikes up on these Cad pairs. They may even be london close sells, but may be later than normal considering oil news at 10:30. Ncad approaching trend line in an overlapping 5 wave diagonal. I will post that chart also. That's the 800 ma on daily. I don't want to swing these,...

thillygoosth Updated 

AN produced a sell setup in the form of a flat and a small 1 hr correction. It is in a downtrend so it is possible it can extend down a lot. I would allow it to create a larger 1hr flag in this down move if it chose to do so. Any more than that, I close. And hopefully I get the opportunity to slide to profit and let some run. It is AN so if I get more than a scalp...