zcsniper

zcsniper

After breaching 1.5710 I was able to confirm a new support around 1.5650 and most likely adding resistance before we see it bottom out around 1.5540. We should see it swing over to 1.5650 again for the new support.

zcsniper

5M Chart: Been watching for 145.80 to get breached for a day now. Finally see the breach and support under the trend line I now suspect a shorting opportunity to 144.15 with some resistance around 145.20

zcsniper

Currently sitting on a double top of 1.5767 and starting to test the fib zones around 1.5705. If this is breached we should see a gradual downtrend formation from 1.5705 down to 1.5542 - I've been also checking out the True Strength Index and seems to be helping me find a solid entry point on larger time frames for a day or two positioning. Though.. with the...

zcsniper

Taking a close look at EURJPY, noticing a double top formation around 148.8 showing lots of resistance around 148.80 – 149.15. Noticed the first breach from Fibonacci Retracer indicating that 147.15 was our major signal for a dip in this market. We were lucky enough to catch this before it made a huge movement from 147.15 to 146.20. Still open as a short position...

zcsniper

Once again, just speculative. Should see a rebound to 119.66

zcsniper

Speculation, nothing big but a retracement call I'm watching to hit.

zcsniper

After making a decent 178% off USDJPY on friday. I closed saying to myself, Monday morning. I'll wake up and short, well here I am with my speculative sell order again. I noticed volatility is dying down but lots of volume is being driven through this market. We should see some good movement in the bull runs by tuesday/wednesday with some data releases.

zcsniper

As mentioned yesterday: "Hard to say where this might go.. this rebound was indicated on Friday after all the Oil falls. I we might see it target around 73-75 and support around 68-73 for the next month (speculative no actual data behind this) but - on the fib retrace it looks like we just hit 50% on a rebound from 72.79H and 64.17L. might be safe on the 68.48...

zcsniper

Hard to say where this might go.. this rebound was indicated on Friday after all the Oil falls. I we might see it target around 73-75 and support around 68-73 for the next month (speculative no actual data behind this) but - on the fib retrace it looks like we just hit 50% on a rebound from 72.79H and 64.17L. might be safe on the 68.48 line.. but the second it...

zcsniper

"Brent crude futures slumped to the lowest level in more than four years after OPEC refrained from cutting production limits. West Texas Intermediate slid below $70 for the first time since 2010." (Article: www.bloomberg.com) USD/JPY has rallied, after the OPEC decision to leave production at 30 million barrels of oil per day, while bad news for producers, this...

zcsniper

"GoPro Inc. is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts, according to people familiar with its plans. The company plans to start selling multirotor helicopters equipped with high-definition cameras late next year, aiming for a price tag between...

zcsniper

Lots of build up in momentum today. Between consumer price index, unemployment, and overall household spending we should see markets take a move back towards 118 or fall back to 116.4. right now we are testing 117.6 and hoping it might start heading back down to 117.35 (metrics I'm waiting to short this market). Roughly in about 8-9 hours we'll see these markets...

zcsniper

Reassessing the market and I can see we found a small support sitting around 370-380 and hope to see it breakthrough one way or another. if we test the 362.66 zone we should see it bust through and aim for 340 next. If we seem to trail over 362 we should be clear for another pump up to 380-399. If we drop to 362. I'll be assessing a long position till 383.66 and...

zcsniper

we had a clean run from 330 up near 395. Looks like some tension and resistance levels are kcking in around 390 but hope to see that break after this next dip near 370. Personally I opened a short from 390 and will close at 370 to reassess a new entry Another scenerio.. we might see prices hit 379 and heading back up to 395

zcsniper

Sitting at a happy 102 I reassessed my long position and closed it in profits. Currently, we are reaching a cross over on the 30Minute chart and 1HR chart. Don't see it sitting low for long, probably see a 0.50cent drop and rise within the next week or two. No real data on this call, just speculating

zcsniper

Not real idea behind this other than a few numeric data calls and the recent down trend we've been in. might see a reversal suddenly which will destroy this idea. short open now from 1.2422 TP: 1.235 SL: 1.244

zcsniper

Looks like the yen is taking a ride on the retracement and heading back into the zones of 115-115.5 Opened a long at 114.388 and will be aiming to close at 115.15, I'll reassess to see if i can find a spot to open another long back up if we see strength in the support around that zone and aim for 115.55. If not i'll definitely be shorting back down from 115.0 to 113.5

zcsniper

I believe USDCAD has found it's resistance an will be supporting around 1.10-1.14 for the rest of the year. Noting last year USDCAD and WTI were heavily correlated its good to see now they are working against each other. WTI is holding up at 76.80 but we might see it wither down near 76.00-75.50 I'll be opening a long @ 77.25 up to 81.