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cimac.
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August 19, 2020 at 08:47 #32693
NYSE: the NYA is faltering in the 13,000 area. It has made a new high, but I’d like to see it a little higher.
The a,b,a,b,c rise has a target of around 13,070, so just a little higher than here.
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You must be logged in to view attached files.August 19, 2020 at 10:31 #32695EURUSD: the chart for EURUSD is interesting as it seems to show a clean ABC rally nearing an end in the 1.199 area.
We got a couple of triangles on the way up.
Now there’s divergence near the top.
In a perfect world EURUSD will find a reason to decline to overlap ‘A’ at 1.14. However the high MACD reading suggests that this is just ‘A’ of a bigger ABC. It doesn’t *have* to overlap 1.14 – it can form some sort of sideways or sloppy declining ‘B’ before rising higher again.
Nonetheless, the pattern suggests the first ABC is nearly complete and EURUSD should find a reason to reverse.
Interesting trade, with potential to 1.14 and a ‘didn’t work’ stop loss perhaps at 1.21.
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You must be logged in to view attached files.August 19, 2020 at 10:46 #32697I am tempted to short eur:usd at 1.195 target 1.15
which allows a margin to be inside of the most
popular trade of short 1.2 target 1.14Never give up, never surrender.
August 19, 2020 at 10:48 #32698I am tempted to short eur:usd at 1.195 target 1.15 which allows a margin to be inside of the most popular trade of short 1.2 target 1.14
Yeah. Stop loss and review in the 1.205/1.21 area.
August 19, 2020 at 11:08 #32699Today is S4H … Ftse & Dax seem to be following this lean
after early spill down.US stocks may find a reason to mimic this but their futures
are rising with euroland cash.Dow is Cycle Day 1 which requires a cash ‘l’ / buy pt.
We will see if US stocks find a reason to drop and pop
from where the futures are atm.Never give up, never surrender.
August 19, 2020 at 13:02 #32700Today is S4H … Ftse & Dax seem to be following this lean
after early spill down.STD pts are not clean enough for me … could be we make a mid day ‘h’
and do not follow through for the late ‘h’Never give up, never surrender.
August 19, 2020 at 13:04 #32701Short Ftse at 6100 … stop tba … limit tba
Let’s test the S4H variant option via a half day trade.
Never give up, never surrender.
August 19, 2020 at 13:23 #32702Today is S4H … Ftse & Dax seem to be following this lean
after early spill down.US stocks may find a reason to mimic this but their futures
are rising with euroland cash.Dow is Cycle Day 1 which requires a cash ‘l’ / buy pt.
We will see if US stocks find a reason to drop and pop
from where the futures are atm.US futures have given back enough for a decent trade so
the overall idea was right enough even if details vague.Never give up, never surrender.
August 19, 2020 at 13:26 #32703Short Ftse at 6100 … stop tba … limit tba
Let’s test the S4H variant option via a half day trade.
Stop at b/e … let’s see how it goes from here.
Never give up, never surrender.
August 19, 2020 at 13:42 #32704Short Ftse at 6100 … stop tba … limit tba
Let’s test the S4H variant option via a half day trade.
Closed at 6085 .. it was a full size trade for ( x 4 )
so the small pt count was 15 x 4Never give up, never surrender.
August 19, 2020 at 15:49 #32705Red alert market.
Timing, price, patterns, news all confusing.
Just the right mixture to trigger a large loss by a large trader.
Never give up, never surrender.
August 19, 2020 at 18:52 #32706Small long Dow at 27825 … stop tba … limit tba
Entry order to short Dow at 28000 ( If this is filled I will update kpad )
Never give up, never surrender.
August 19, 2020 at 19:48 #32707Dow is Cycle Day 1 which requires a cash ‘l’ / buy pt.
This is not helping my trade plan but we still have
Cycle Day 2 and Cycle Day 3 which could lead
to a ‘h’ on friday.Never give up, never surrender.
August 19, 2020 at 23:57 #32708We got a big crack in the EURUSD.
DXY didn’t get to the 91 target but close at 92. Has the move finished and reversed?
August 19, 2020 at 23:58 #32709 -
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