Was looking promising, suddenly the spike downwards, got stopped out. oh well. wonder what caused it.

Nearly Naked (Simple Trades)

Buy U/Chf again. Look to add more at 1.1170-80 , tp 1.1280sh. stop 1.1155. Possible 5-0 pattern, although if fail at 1.1280ish may just turn out to be a bearish 3-drive image

Nearly Naked (Simple Trades)

Unlikely one way traffic down. I think will bounce hard first before dropping hard.

AUD/USD

9000 broke. Scaling in buys, to cover short and also to flip into longs.

AUD/USD

CHF looks good for a long. Ascending triangle breakout on hourlies?

Nearly Naked (Simple Trades)

Agree, I am also eyeing between 8950-80 for completion of 1st wave down.

AUD/USD

Which way will it break? I am positioned short for a break lower towards 9000 again. image

AUD/USD

Looks like no lower low today. Will not buy dips anymore. Instead will be looking for levels to short.

AUD/USD

My sentiments also. But too early to tell. Lets see how the waves unfold. Aud shd be close to a stronger rebound, if not into one already. I am flat now, waiting to see if we get a lower low today to try some small longs near 9000 or just below if ...

AUD/USD

When will we see 9275 again?

AUD/USD

Breaking down .. image

AUD/USD

I am short. Longed 9075, flip to short 9110. Looks to me like a triangular mini wave iv on 15 min. Think will break lower and test 9045 or lower to complete wave iii of 3. Again, just my view, I may be wrong as well.

AUD/USD

Wont chase it. If no quick spike down, ideally to 9050, will re-look in asian session. Maybe in Asian session look to sell rebound towards 9170 shd it rebound.

Nearly Naked (Simple Trades)

New low coming up. Perhaps try a small long round 9070ish with tight stops to look for rebound just in case it is end of 3 rather than 3.3

Nearly Naked (Simple Trades)

yes.

Nearly Naked (Simple Trades)

Wave wise seems like one more low needed to complete what looks like only iii of 3. Was waiting in vain for bounce towards 9150-60. Have a feeling we will not have one that high tonight. Perhaps maybe needs to test 9000 first before we see a ...

Nearly Naked (Simple Trades)

Yes, this selldown seems fairly orderly with intermittent weak consolidation in between. I will be careful of trying long for rebound for time being. Prefer to watch first. Dun see it rebounding too strongly as yet.

AUD/USD

BAT became CRAB instead. covered my shorts , stand aside and watch for time being. image If cannot hold above 9100, will be staring at test of 9000?

AUD/USD

I am staying short and eyeing test 9180ish

Weekly COT report Analysis + Trade Ideas

Looking promising for the shorts. Heading south despite the hike.

AUD/USD