Friday, 25 November 2016

AUD/USD 25 NOVEMBER 2016 4H


Price rallied and is heading for the 382, we need price up at the 618/786 before we will be looking for short trade setups.

FOR TODAY: Will be going short if:
We need price up at the 618/786 for short trade setups, so no entries currently.

FOR TODAY: Will be going long if:

Also no criteria present for long trade setups. We continue to be patient.

NZD/USD 25 NOVEMBER 2016 4H


We had a new AB swing in place, price is currently at the 618, where we will look for a bearish cs formation for a short trade setup. If price rallies past the 618 then we look for resistance up at the 786 where we will look for a short entry. Else a break of the 7085 area will change the outlook.

FOR TODAY: Will be going short if:
We will look for a bearish cs formation for a short trade setup from current levels, since we have hit the 618, else a rally will have us look for resistance after hitting the 786, after which we will need a bearish cs for a short entry.

FOR TODAY: Will be going long if:
Also no criteria present for long trade setups at present

Thursday, 24 November 2016

EUR/USD 24 NOVEMBER 2016 4H



Price broke the B low yesterday giving us a new AB downswing. Once again we will wait for a retracement to the 618/786 where we will be looking for a short entry. If however price continues down then we will wait for a B low to form.

FOR TODAY: Will be going short if:
We need a rally to the 618/786 then a bearish cs formation for a short trade setup.

FOR TODAY: Will be going long if:

No long trade setups as we are in a bearish AB swing. There are no criteria present to go counter trend.

GBP/USD 24 NOVEMBER 2016 4H



Instead of zooming out on the 4h, we can look at the daily chart; it’s the same AB swing as on yesterday’s 4hour chart, just cleaner to look at. Price came shy of the 50 swing, we are looking for a 618/786 for a short trade setup. So no trade setups for now.

FOR TODAY: Will be going short if:
No trade setups as price is not in an area of interest.

FOR TODAY: Will be going long if:

No long trade setups as no criteria present.

AUD/USD 24 NOVEMBER 2016 4HOUR


Also no trade setups on this pair as price not in any area of interest. We need price up at the 618/786 before we will be looking for short trade setups.

FOR TODAY: Will be going short if:
We need price up at the 618/786 for short trade setups, so no entries currently.

FOR TODAY: Will be going long if:

Also no criteria present for long trade setups. We continue to be patient.

NZD/USD 24 NOVEMBER 2016 4HOUR CHART


Price tested the B low, we have to wait and see if we get a bounce or if we going to get a new AB swing, in which case we will wait for a rally to the 618/786 followed by a bearish cs formation for a short trade setup.

FOR TODAY: Will be going short if:
We need price up at the 618/786 for short trade setups, so no entries currently.

FOR TODAY: Will be going long if:

Also no criteria present for long trade setups. We continue to be patient.

Wednesday, 23 November 2016

NZD/USD 23 NOVEMBER 2016 4Hour


We still in the bearish AB swing, waiting for a 618/786 followed by a bearish cs formation for a short trade setup.

FOR TODAY: Will be going short if:
We need price up at the 618/786 for short trade setups, so no entries currently.

FOR TODAY: Will be going long if:
Also no criteria present for long trade setups. We continue to be patient.

GBP/USD 23 NOVEMBER 2016 4Hour


We need to zoom out considerably to find the current down AB swing on sterling. Price came shy of the 50 swing, we are looking for a 618/786 for a short trade setup. So no trades for now.

FOR TODAY: Will be going short if:
No trade setups as price is not in an area of interest.

FOR TODAY: Will be going long if:
No long trade setups as no criteria present.

AUD/USD 23 NOVEMBER 2016 4Hour


Also no trade setups on this pair as price not in any area of interest. We need price up at the 618/786 before we will be looking for short trade setups.

FOR TODAY: Will be going short if:
We need price up at the 618/786 for short trade setups, so no entries currently.

FOR TODAY: Will be going long if:

Also no criteria present for long trade setups. We continue to be patient.

EUR/USD 23 NOVEMBER 2016 4Hour


We are still in the down AB swing waiting for a pullback to the 618/786 for a short entry.

FOR TODAY: Will be going short if:
No trade setup as we are sideways for a few days now. We need a rally to the 618/786 then a bearish cs formation for a short trade setup.

FOR TODAY: Will be going long if:
No long trade setups as we are in a bearish AB swing. There are no criteria present to go counter trend.