Hi traders we have a classical ending structure in the GBPAUD and as I mentioned before they can extend and extend and extend... The good thing is that these pattern almost always extend after a clear 3 wave correction. So always look for minor flag in the beginning of the reversal or be more careful when looking for a 'flag' after the third wave. My target is...
I uploaded a new video with my weekly outlook to YouTube. Although I anticipated another leg lower first, it seems like the corrective structure of lesser degree is already in place. Once that is over I will focus on the next sell opportunity because it looks like EURUSD is in a corrective structure of larger degree as well and in need of at least a move below...
Hi traders we have been on top of the crypto's since I started writing about them and now we aret seeing a potential bullish reversal sign. You can check my videos and or previous post to gain some context. I will be looking for a consolidation before I buy Bitcoin for a move higher that is expected to break above 11750. IF we do not see a consolidation price...
Hi trader's we see a minor corrective structure in GBPUSD that will present a buy opportunity. We are not out of woods yet in terms of a potential corrective combination. So my targets are; previous high, then 1.414ish. I recommend to watch my video on YouTube for context and what I am looking for. Have a nice weekend!
Hi trader's, last weeks shorts in the main crypto's are all working out perfect. Manage stops and check out my new video on YouTube (Tim Stuyts) for updates on when to start looking for buy's.
Hi traders, as explained in my weekly video I am still looking for a move towards 0.96 for USDCHF. However, I explained the potential pattern we might see first; an expanded correction. That seems to be correct so far. The current move lower is to considered to be corrective by me and I will therefore look for a buy once this correction is over. Keep in mind the...
Hi traders I uploaded a crypto video to my YouTube channel. Safe trades
Hi guy's in my latest video on cryptocurrency I elaborated on how to trade the fractals. For my 'ideal' buy I like to see a break below 182 first. Tomorrow I will upload a new crypto video to my YouTube channel. Safe Trades!
I'm looking for a sell in USDCHF in the beginning of the week that might very well turn into a bigger correction for a buy towards .945 I elaborated on this in my weekly video. Safe trades!
Those who have watched my videos on YouTube for the last few months have seen that I've been on top of this pair all along. The move higher from 107.30 was called corrective by me and therefore the bias bigger picture was stil bearish and not bullish. The short from 113 was not expected by most traders but it was phenomenal and explained in detail prior to the...
Hi traders, the buy was succesful and reached my target zone before the anticipated response kicked in. I have currently no position because I like to determine whether this move lower is corrective or impulsive. At the moment we see the minimum requirements for a bearish impulse on the 1hr time frame. This itself does not mean much medium/long term. What it means...
Hi guy's the buy of last week was successful. On my YouTube channel you can find my updated outlook for next week's trading session. (channel: Tim Stuyts)
Hi guys, a quick update regarding my dollar outlook for this week as posted on YouTube. I received some questions about USDJPY. As you might have seen all trades have been successful and it is about managing it to the max now. Last week we knew that the dollar needed to correct and this week we finished the minimum requirements for all dollar pairs but USDJPY. I...
Hi guy's I uploaded my new video on YouTube (Tim Stuyts) where I elaborate on Bitcoin, what to look for and how to trade it. Safe trades and have a nice weekend!
Hi guys, I still see the current move lower as a continuation of the first impulse lower (the first and second arrow in the chart). A correction can extend for a very long time and take a lot of time. I will simply do either of the following things. Sell short term after minor corrections on 1hr time frame (corrective patterns are shown in the chart for examples...
For context of my warnings that we did not have a bullish reversal sign yet see all my previous Bitcoin posts where I elaborated on the corrective structure. Reading a correction is the most important thing because once you able to do that you can pinpoint a buy close to the low by means of a rationalized stop-loss and therefore the highest possible risk-reward....
Hi guy's in my previous post I explained how I look at the market and why I do what I do without chasing a trade. This doesn't mean that I'm always right but when I trade I tend to be right more than 90% of the time, end up break even 7% of the time and lose 3% of the time. Keep that in mind when reading my chart, I go for the big moves or those with the...
Hi guy's, EURUSD is moving higher towards 1.26 as expected but as shown in my previous post , it won't go in a straight line. This week was extreme in terms of dollar weakness and the market needs a break. This means that the upside potential for next week is limited. I therefore manage my buys and already executed a short from 1.252 during the Draghi Q&A. This...