NZD/USD 29 NOVEMBER 2016 4HOUR

We have the B high of the AB swing,  we will wait for a retracement to the 618/786 fib area where we will be looking for a long trade setup after a bullish cs formation.
Else a rally and a break of the current B high will have us looking for another B to form.

We maintain our bullish bias will inside the A low. Only a sustained break of the low negates this outlook.

FOR TODAY: Will be going short if:
No short trade setups, if price falls we will stand aside as we are looking for long entries lower down circa the 618/786. 

FOR TODAY: Will be going long if:
We will wait for price to pullback to the 618/786 after which we will look for a bullish cs formation for a long trade setup. 

28 NOVEMBER 2016 EUR/USD 4H

Price rallied to take out the A high starting a reversal process on this timeframe. We will wait for a B high to form, which is at least 2 candles away (8hours), then a retracement back to the 618/786 where we will look for a bullish cs formation for a long trade setup.

FOR TODAY: Will be going short if:

No short trade setups as we are waiting for a B high to form. We will stand aside if price falls from current levels.

FOR TODAY: Will be going long if:

We first need the B high to form, then a pullback to the 618/786 fibs for a long trade setup after a bullish cs formation.

28 NOVEMBER 2016 GBP/USD 4H

No change from last week. 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.

28 NOVEMBER 2016 AUD/USD 4H

Price has rallied and reached the 382, but our system looks for the 618/786 higher up 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.

28 NOVEMBER 2016 NZD/USD 4H

Price broke the 7085 we mentioned last week but we don’t have a B high as yet. We will have to wait for 2 more candle which is 8 hours away at the least. Once we have the B high we will wait for a retracement to the 618/786 fib area where we will be looking for a long trade setup after a bullish cs formation.

FOR TODAY: Will be going short if:

No short trade setups, if price falls we will stand aside as we are looking for long entries lower down circa the 618/786. But at present we are still waiting for the B high to form.

FOR TODAY: Will be going long if:

After we get the B high we will draw fibs and wait for price to pullback to the 618/786 after which we will look for a bullish cs formation for a long trade setup

EUR/USD 25 NOVEMBER 2016 4H

We still in the down AB swing, price is currently at the 618 of the swing. We are looking for a bearish cs formation for a short entry, else higher up at the 786,  if price rallies and takes out the A high then we are reversing.

FOR TODAY: Will be going short if:

We are looking for a bearish cs formation for a short trade setup, either from current levels, or higher at the 786.

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 25 NOVEMBER 2016 4H

No change from yesterday, more sideways - 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 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

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.