thillygoosth

thillygoosth Updated 

I am just pointing out that AU is at an exact spot for sell entry on 5 min chart right now, either comes down some or doesn't. It is possible that it counts out for a contracting flat and resumes a downtrend from this spot but no way to know that. Daily TDI does show more room up. It may just correct down and continue back up for a larger flat pattern.

thillygoosth Updated 

EA did a textbook elliot 5 wave. TEXTBOOK! It is either correcting this 5 wave or correcting the larger 5 wave diagonal pattern on the weekly which would be a very large sell. Where it is at, I would continue to look for sell setups and let a little ride in case it keeps going....

thillygoosth Updated 

I'm in it now considering dollar index but I have a better position. looking to go up another wave

thillygoosth Updated 

I'm a little pissed I missed that buy setup. You may have seen my GA sell, seemed obvious the pattern had to come down. I mentioned I took profit. Here's the thing. GA and EA both can be huge buys, when I look at GA on the weekly, the candlesticks almost look like it made a flag for a buy. But the the next largest move on both those pairs should be to the...

thillygoosth Updated 

This is the idea on Gchf. I just want to point out the amount of divergence coming in on the 4hr. Check out the 1hr. I believe it came down from top in a leading diagonal indicating further downside. I think it will either drop from here or make a small wave 4 and go up to .618. This is about a huge swing and trying to catch an entry on wave 3 that I can hold. It...

thillygoosth

Just want to point out that the yen pairs are all kinda running into first major level of resistance. Now would be a time to make a decision on at least taking partial profit. However, I was looking for an extended wave, we may get some retrace. At least protect your profits. And btw, I am stop in profit on UJ and chfjpy and will continue to buy them and let them...

thillygoosth Updated 

CJ could expand down, but dang that is some tight 1 hr price action, something that always catches my attention.... Still early in week. I still feel like the most high probability buy on yen this week is EJ when you look on daily but AJ and CJ can have more upside. But you gotta be familiar with the yen. It is your best friend or your worst nightmare. Have to...

thillygoosth

We don't necessarily have to get the bigger 5 wave here, but I feel like if we are only corrective we may at least see the 85.00 level. 84.80 would be a safer target given the reversal pattern. If it is making a wave 4 triangular correction, then wave 5 would extend and be the longest, and possibly part of a larger 5 wave "A" or a wave "1". There are some...

thillygoosth

See that diagonal break and the candlestick price action on the daily (consolidating right below the first low of diagonal)?.... With that daily candlestick cluster, EJ can just keep those headphones on playing the euro's favorite song by TLC.. So I creep, yeah, just keep consolidating cause no one knows which way I'll go....Except Remy, who is me btw.

thillygoosth

Gchf is showing some exhausted price action at the 50% fib retrace. It is monday afternoon and there is the possibility of it extending up more. But I am looking at this as correcting a leading diagonal "A" wave. So the question is, are we getting an expanded flat? Of course it can become more complex but I want to catch the next wave down. Definitely divergence...

thillygoosth Updated 

If GA breaks out to the downside, very nice sell with large potential

thillygoosth

Chf/Jpy is not always my favorite pair to trade. However it did make a flat which would make sense for it to pull up from this area after breaking the low within a 7 swing pattern... There are a couple different schools of thought of how you could go about looking at the overall pattern, but the concept is simple. I went over it briefly on weekly outlook stream......

thillygoosth

I've talked about the longer term sell. Looks like it is correcting. Could get a buy, possibly a very nice one, or you are trading into a sell setup. Depends what price action does.

thillygoosth

GJ looks to have made a running flat and I would think it would at least extend to equal length (Grey fib extension) if it will go into correction, but possibly much further in a 5 wave.

thillygoosth

You should either have taken profit or be in profit on what I've posted today, other than Ucad. EJ was my favorite setup. I entered that right when I posted, took profit, and left a little to run stop in profit, just in case it continues. TP 132.45. Just took profit on AJ because I entered mid stream. I gave Ucad I gave a fighting chance, but hasn't really moved....

thillygoosth

This is the exact spot I am looking for ucad to pull up from. I wapped them on at bottom of wick. I will not hold this is if goes down. This one kinda depends on the dollar to shoot up....But this is my kinds NFP setup, breaking trend line trapping sells, seemingly incomplete wave pattern. Possible wave 4 style correction. Massive fib concentration above.

thillygoosth

AJ wave 2 correction was running and signifies strength. This move may wind up corrective in the end but is strong right now.

thillygoosth

This is one chart I will have up on 1 of my screens as news hits. I feel like this one could be an unexpected buy for 1 more push up. A lot of USD and Cad news this morning obviously. I may not even take a trade this morning, we will see. I pointed out before the amount of high concentration of fibs and fib extensions along with equal length to first larger wave...