thillygoosth

thillygoosth

EU has made a basic W-X-Y structure that measures out fib wise all the way through. This pattern can extend down to the 1.618 extension, but I don't think it will. When I adjust my pitchfork fib lines to best fit support and resistance price is holding. I could see a wick down to that support level at the 1.382 if there is a news spike, but it looks like on the...

thillygoosth Updated 

Nchf looks like it wants to continue its downtrend. I was stopped out in profit on Ncad buy. But 38% would make sense for a wave 4 and it double topped.

thillygoosth Updated 

The question here is are we getting a flat correction of some sort. Right now, looks like we might possibly. CJ is pulling up right now on lower time frames. I mentioned after i scalped the sell the other day it could take off or do one more up. Well, it did one more up and came off the mid band (20MA) on weekly at supply zone. It is an over lapping 5 wave(only...

thillygoosth Updated 

NU looks like it wants to go to next fib level (786). Still want to get the buy if it happens but may take some time to develop.

thillygoosth

We got a small ending diagonal right at the 9000 price level and .618 retrace as price broke both pitchfork and trend line. That would be TP 1, with leaving some to ride in hopes of proper risk reward. When it wicked as news hit it hit the low of the diagonal 1st wave. It breaks that level better confirmation. even better confirmation would be price to break out...

thillygoosth

I was seriously considering the sell, but Eur/Aud's price action on the 4 hr tells me it wants to at least hit the .618..... Now, here's the catch, you see the 200 MA below it. It came off a trend line that they may want to break, so risk to reward ain't that great, but it may just shoot up. It could hit 80-90%, maybe we get a flat, possibly breaking the high, so...

thillygoosth

Last lesson for today. I want to catch something moving in a direction, after it pulls back and starts to continue, based on wave theory and fibonacci, among other things, of course. When you trade something going in a direction u can wind up in this......(a diagonal usually indicating price reversal, at least this type)...Just put your stop above the high right?...

thillygoosth Updated 

I twin traded this in case it breaks low of correction

thillygoosth

London close scalp. These pairs are in downtrends, but just keep in mind the potential for EU to go up quite a bit, it could even break the high. Am I saying it will. Of course not, I cant right now. These pairs might create small ending patterns this afternoon and give a better entry later but looks like they will at least pull back some. EU hit the 1.2000 level.

thillygoosth Updated 

London close divergence buy scalp. All the USD pairs look like london close scalps, at least. But get your pips and get at break even ASAP.

thillygoosth

UNOKI needs to pull down from here or it is headed to that zone. May be a london close? but much better pairs to look at. I have considerably larger lot sizes on my cad pairs though. Hope you got those pips.

thillygoosth

Gcad is in a breakout. However it is at a pitchfork and diagonal trendline on 1 hr showing divergence. Usually when they break out like this they pull back. Ncad hit that 90.000 level. Right now CJ looks like it may sell.

thillygoosth

Usd/Noki broke the high at a major fib level. Ending diagonal 15 min. Just looking to scalp. Refer to my post yesterday

thillygoosth

The 90.000 price level is a major level on this Ncad chart (Look at Weekly). The .618 is right below this major zone. You see the pitchfork lining up. I might set a limit order to catch a bounce. I would think I could pull 30 pips out of this at least. But might get lucky and catch the retracement... But strong downtrend, but with that said, strong level. The...

thillygoosth

Usd/Noki is right under a high that is lining up with a very strong fib extension level, which also happens to be the pitchfork median of the larger daily/weekly structure. It is showing divergent over lapping price action. It is struggling out of this pitchfork with the possibility of coming down in a flat pattern. I wouldn't try to trade for the flat without...

thillygoosth

Watch that 196300 level on GN... That 50-62% zone. it might break the mid band on 4hr (20ma) and wick off that .618. Looking for long term downside on this one.

thillygoosth

GA about to hit the 20,50, and 200 ma along with pitchfork line all at once. Strong area. i will post GN also.

thillygoosth Updated 

I posted a couple euro charts. With ECB tomorrow I would be careful with selling any euro tonight, No actual confirmation yet. Cad/Jpy buy is a trade I have been in and it looks like it is on its way up.