I agree with your targets and we came close to both today. On my charts though I do not see divergence on the daily chart yet, but there is on the lesser time frames. I am looking for a turning point in this area since it is the area where the upper trendline on my chart and the 38.2% fib line come together. If we do get a new high to create the divergence, I don't think it will be by much.
New high achieved by 6 pips (1.2594 and old high was 1.2588 on Aug 22) with some divergence on the stochastics on my charts. Todays candle is pretty bullish and the top of the channel is still a bit higher as is the 50% fib so we will see how the rest of the day and this week close after the speakers later this morning at Jackson hole.
I have struggled so much to count for this pair. People ignore the count for olive 1 at 1.1. Maybe the teal C is complete already. Recent move for AUDUSD may not be 1212.. Still a little bit more to go to complete the whole structure. Maybe counting it as WXYXZ is easier rather than ABC. Touching the above trendline is counted ended. It should be higher than Blue Y and lesser than Maroon 2 or truncated at blue Y. 1 more month to completion..What do you think ?
I think USD/CAD, USD/CHF, USD/SGD is a buy here with a 50 pip stop. Take your pick. Break out, or bearish triangle? At the cross roads. If USD/CAD drops to 9800, USD/SGD drops to 1.2400. Very low risk buy. My 2 cents. Thoughts?
This is my micro count for dollar index.. Obvious it still has one more week to go that might be before the NFP.. EURUSD might be still can go up to 1.27...1.27 is the best place to short..
From beginning of this year, I suspected it should be completed but it is not....I also do not understand why GBPUSD has no relationship with dollar index...I try to short it last Wednesday at 61.8..but it seems failure.. Thus the count should be ended this year for C structure. Now it is reaching last year open price, therefore it should be able to reach the long term trend line above. It is good to scalp few pips and not suitable for long term investment..
USDCHF is a heart broken pair..I love this pair it made me sad recently especially monthly movement. Not so strong. Ultimate target is before burgandy 1. I still hold long....
I think USD/CAD, USD/CHF, USD/SGD is a buy here with a 50 pip stop. Take your pick. Break out, or bearish triangle? At the cross roads. If USD/CAD drops to 9800, USD/SGD drops to 1.2400. Very low risk buy. My 2 cents. Thoughts?
Me thinks bearish triangle now. After looking at USD/CAD short term. US markets closed so no USD Strength to be seen. Possible drop back to .9800.
I think USD/CAD, USD/CHF, USD/SGD is a buy here with a 50 pip stop. Take your pick. Break out, or bearish triangle? At the cross roads. If USD/CAD drops to 9800, USD/SGD drops to 1.2400. Very low risk buy. My 2 cents. Thoughts?
Sorry Bro. I am limited to show full counts, if not a currency pair. I am US resident. Only account is with FXCM at this time. I use free service at (Wooden) freestockcharts.com. They block downloading image unless you pay for service. Other free services limited on history. Barchart not that good too. But is free for my use. I posted short term view bearish triangle on USD/CAD. You know of a better
free service clue me in.
Peace
Edit: When USD/CAD finishes drop from triangle. My money is going long. If nothing else, or at the least should see a correction upward towards 9900
Sorry Bro. I am limited to show full counts, if not a currency pair. I am US resident. Only account is with FXCM at this time. I use free service at (Wooden) freestockcharts.com. They block downloading image unless you pay for service. Other free services limited on history. Barchart not that good too. But is free for my use. I posted short term view bearish triangle on USD/CAD. You know of a better
free service clue me in.
Peace
Edit: When USD/CAD finishes drop from triangle. My money is going long. If nothing else, or at the least should see a correction upward towards 9900
or just get a demo account of any commonly used broker, no-sensible people use their real name and real address in getting a demo. It never ceased to amaze me that some people would find it difficult to get free charts in the big wild world of the web.
or just get a demo account of any commonly used broker, no-sensible people use their real name and real address in getting a demo. It never ceased to amaze me that some people would find it difficult to get free charts in the big wild world of the web.
I am very happy with (wooden) Freestockcharts.com Thanks but I need no demo for charts. I have access to any chart I need for my personal use. They just block copying an image. No big deal for me. At this time just see no need paying for a chart service.
I am very happy with (wooden) Freestockcharts.com Thanks but I need no demo for charts. I have access to any chart I need for my personal use. They just block copying an image. No big deal for me. At this time just see no need paying for a chart service.
What do you mean by "copying an image"? I am afraid I'm a bit 'out' in this. I have never copied any image, usually either save it directly from the charts in the old days, and in the last 2 years I use screenshot software like Jetscreenshot, or Jing, or Hyperdesktop to take screenshots, just one click and then a link is produced. Hmmm....
Agreed, there is no need to pay for any chart service, not with all the choice that's on offer out there.
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Originally Posted by JoeyLee
Trend is changing when EURGBP is crossing Pink 4.It looks like expanding..Do you really want to short it ?
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