Ya gotta love this country for its spunkiness ( not spunkyness; otherwise, happiness would be happyness and Spelchek would fry your butt)
$ hit the 200ema (resistance) Still bullish, possible -ve STO div. and retrace to 10 ema (.5712/ 23% fib) or to me,.5572 ( 18 ema,38% fib & up TL convergence. The fibs, I drew were 3Mar lo to 6Apr hi. There was also,prev resistance on 5Jan (.5976).
Trend still up.
Look @ W chart and you will see a good resistance point to break in order to confirm a “buy” attitude.
D chart: $ > 200 ema,MacD going up ( in O/B & curl down) STO starting down. Possible retrace to .8654 ( 23% fib & prev resistance). Also, -ve STO div suggested.
A/Y: same (except $ @200 ( good resistance) I shall target 68.78 the 23% fib & 144 ema (support).
CHF/Y : update.This week on the H chart- $ has retraced to the 200 ema & been supported. So, I shall probably use the 200 ema on the H as my stop.
Was "happy pipday ".if you had noted the 1.9150 support (mentioned in posts 29-31).
$ near 17 Sept prev resistance (1.8147); TPP (from up TL break-8 Jan to 6 Feb) 1.8185; AND 62% fib retrace (low 23 July - 8 Oct high)@ 1.8094.
Ichimoku on D still says sell.
D ema’s (3<5<10<18) down.
W ema’s (10 x;d down 18).
My bias is short; however, these are longer trades.
Keep your eye on fib ( D ) .
E/Aud: good day for 15M trades today. bulls & bears fighting.
D STO x’d up the 40. MacD is down. On the W, all indicators down.
It be consolidating, but looks like downtrend continuation.
E/Y: ichimoku says buy. However;there was an up TL break; 200 ema is resistance; STO is going down ; MacD is going down ( > H20).
144 ema is possible support @ 130.47 (which is prev resistance 18/19 Mar) I might look buy if $ breaks 132.90 & closes. I shall favour retrace to 144 ish.
G/Y: D 144 Resist (149.64) STO down MacD up (but curl down).
Channel- 149.30 - 145.60.
Consolidating, I shall await breakout ( up/down).
E/AUD: Target hit for the sym triangle (6 Feb-18 Mar) break.
Indicators still down but O/S
$ < 200 ema (D). This makes me cautious, since 200 is up ( will $ go back up?). However, ascending triangle ( 8 Oct -5 Jan) broke to downside and it has a TPP of approx 1.65ish & 18 ema x’d < 200. Also, prev support 4 Nov is breached. I’m still bear biased, but will monitor the lesser TF;s for entry opps.
C/Y: D indicators up ( with further up potential).
$ broke prev resistance (6 Jan-26 Feb). Next resistance is 200 ema 84.0ish.
I gonna trade these guys.
'Nother set of charts I utilize with different indicators ( TanA can also, mean " Totally anAl:eek:) has 1.8094 62% fib and prev resistance 17 Sept, so might be key support and important to watch.
This set of charts twigged me wrt E/Y.
an up TL break gives a suggested TPP @ 127ish which is the 23% fib level (2 Feb-6Apr) my bias is bearish ( although a bank sheet the other day is bullish this pair and they have the education, training and do this full-time. Trust them cuz they the pros). This is just my hobby.
G/NZ: will it go up to 2.6482 (38% fib)?3&5 ema’s x’d up 18.
A down TL ( 1-8 Apr his)was broken(TPP 2.6450)
MacD up > signal. STO 8 up. { do not like spread 30 with fxsol & low pip value} but lots of volatility .Methinks good scalping in spare time;)
KIWI: Short scenario possible…5572 is 38% fib ($ near.5732 the 23% fib).STO 8/40 both down & MacD has x’d its signal. .5572 is prev supp (31 Mar.
3ema<10 & up TL break (!-8 Apr) has TPP approx .5530.
E/Y: to me, it seems to be forming close to textbook (but $ may not read the same book that I have:D). Indicators that I employ are down. I shall await break of 126 (prev supp 21 Apr & prev resistance 25 Feb). If this occurs: 120 is my TPP.
G/Cad: bearish when 1.7625 broken.
G/Y: my TPP is 137 when 141 broken. $ hit 38% fib (25 Sept-23 Jan) & 144ema. $ also @prev resistance ( 23 Feb-4 Mar)
KIWI: $ @ 144 awa 50% fib (23 Sept- 3Mar) I shall await break of .5500 for shorting.
Cad/Y : 200 is resistance, but up TL. I shall wait 84.00 break for buy
E/Aud: up flag in down trend? Indicators are down, I have a TPP 1.7600. 1.8000 is double bottom and prev resistance Sept 30.(1.8000 is strong W support; but on M chart, 3x’d down 10 ema).
E/Cad: down, $< 299 and prev support 29 Jan. Indicators are down.
G/Cad: same as above.
KIWI Konfounds me! I am still bearish,but she’s up&down.M chart has .5898 as 10 ema as well as prev WWWWWW supp/resistance. Think I shall watch .5900 as a Key level to trade.
E/AUD: 10 minutes ago ( don’t know what happened but on 5min she dropped 150 pips):eek: From last post, put on a sell stop @ 1.7990 (suggested support was 1.8000). I just closed trade @ 1.7650.I think that when $ drops that much,in that short a time, that there has got to a backlash. On D chart, all indicators down & MacD has X’d < than signal. 1.7650 was prev support on 6 Oct/08.
Still looking to sell,but I probably shall wait until NFP comes out on Fri. Chicken-crap approach, I know, but I have always told the 2 or 3 people that read " guano" this;)
KIWI still irks me. I know that she will drop(like I know that I shall win the lottery. I just don’t know when)). However;on her D TanA, MacD X’d > than signal AND the down TL (6-29 Apr) was broken. A conservative TPP(for a buy)is 0.5960 which is the 200 ema & down TL resisitance {this TL was drawn from 18 Dec- 6 Apr} I was so happy when I read ComDoll’s blog on KIWI re: -ve STO div,that someone thought like me.So I drew a TL on the STO & it was penetrated by the buyers.Again, NFP may change the flavour.
