Thread designed to record set-ups and targets on index and FX pairs.
'A market is only your enemy until you understand it, then it becomes your best friend.'








Any questions, please feel free to ask.

From time to time i may openly state an opinion regarding direction of a set-up and wish to add that in no way am i recommending a trade. I am sometimes only in trades for a matter of minutes and can't always update as to entry/exits taken.
As always, markets are dangerous places to be and must be respected as such. Always use stop losses and never over-leverage; 3% of your pot as a maximum per trade. As always, YOU are responsible for your own trades! Happy pip hunting!

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Surely just a matter of time?!



http://fxtechnicals.net/

Further to above;

Baseline channel;



and consequent rejection, thus evidence of the move up being corrective. It also coincided with the 123.6% level of wave A. Short with stop above the earlier high, but expecting a little better entry yet (in a minor c wave);

Dow poss;

EurGbp as of yesterday,



(posted on blog at the time)

Update to above;

Well done if you traded it.

I did indeed, cheers skinny...

I don't generally trade the index's but canny reaction so far as per 161.8% level in post 367...

FTSE;

Post 367 Dow poss;



Updated chart (fibs unchanged);

Last night;



Updated earlier, (with extended abc wave 'ii');



and current;

EurUsd story;

A wave (abc);



then 'B' wave (abc);



Now 'C'? (5w)

EurUsd as per blog post yesterday;



Today;

Earlier Dax chart;



Should have been more aggressive with the red line!

Nice reaction at the 61.8% fib ext target;

Ftse daily posted 19th March;



Updated chart shows down move looks to be corrective, thus wave 4;

Nice simple abc on the Dow last three days;

hi D
whats your take / opinion on nzd/usd ?
ta (thats thanks)
regards
jkd

Hi jkd,

apologies for delay in replying, i've been ill with food poisoning since late on Sunday and thus have barely looked at any charts until today. Unfortunately you've asked me about a pair that hasn't been throwing me much to go on for quite some time, thus i've concentrated on others instead.
Much as i would love to give a view, nothing lines up for me, so i couldn't comment on how much further it will rise... sorry.

regards

D

I will add this update of the Eurgbp;

Previous chart;



Update;

EJ;



all happened a little bit quicker than expected;