- Search Energy EXCH
- 46 Results
- RsX replied Oct 2, 2013
H4 now closed, well inside 3580-3600... below prior high. Long upper wick. Also on H4, 3 consecutive slight ("weak") HH-s. Bulls tighten up.. EDIT: updated visual, to go along with that. image
- RsX replied Oct 1, 2013
Feels like it took ages. Decision time. Also a TL-s crossing here (broken multiweek uptrend + channel). Key is how intraday 3580-90 gets treated. Dowside obviously strongest st R/R as well as momentum potential at this point.... see if PA agrees and ...
- RsX replied Sep 30, 2013
They still want the HH into ~3580.. key determination point, thus a magnet. Watching for the possible 5wave completion, depending on PA upon hitting there. In all cases, makes it there or not, 3470-90 break fully confirms ~3380 tgt (or lower). HH ...
- RsX replied Sep 27, 2013
Update: image 3499-3505 is intraday key area. 3475-80 break confirms 2nd wave (abc) completion. 3500-3530 zone proved resistance to daily bars thru Wed-Thu, again - as has the daily inverse hammer bar at the top. Yesterday also broke the multiday ...
- RsX replied Sep 26, 2013
Speaking of waves... intraday structure, worth observing: image
- RsX replied Sep 24, 2013
So far so good... no full confirm on reversal yet till 5920-40 break tho. image
- RsX replied Sep 18, 2013
Valid point. Even though one can count their waves every which way and adjust them to whatever extent - it's important to have base rules, in order to have consistency. Best tradeable structural patterns do not change fundamentally over time nor ...
- RsX replied Sep 13, 2013
ABC into the buy zone, 1st intraday tgt hit now... image
- RsX replied Sep 13, 2013
fwiw, I'm looking at a fresh 5-wave reversal there.. sweet-spot long zone 3280-85, allows for a ~15p stop... setup voided below 3269. In addition, higher TFs (1H/4H) on both EU/EA telling me that the Euro's targeting higher levels, having climbed ...
- RsX replied Jun 21, 2013
3205-3210 last bull defence now, shouldn't tick under it (into the current LOD spike from early hours). Once breaks through 3260-70, followed by 3280-90, road's clear towards 3350-70 retest. Free ride now, on the trade.. image
- RsX replied Jun 11, 2013
A short setup triggering now... no HH into ~3310 though so suspicous.. regardless, looking for a bounce from 3230-40, for a short entry at 3265-70.. image
- RsX replied Jun 11, 2013
Yes, I can post a chart.. image
- RsX replied Jun 10, 2013
Upper 3230-3250 holding as resistance. Repeat of Friday's ~3240 test would void the current trade potential, thus risk now off since morning, with SL @ BE+2. Also, position peaked at +61p (+4R), when market put in the 2nd slight LL just under ...
- RsX replied Jun 7, 2013
while away from screens, plan materialized and position opened from the prestaged entry stated ahead of time, earlier... 1st visual of the trade... trading's over for the week so won't work far enough - must carry it over w/e, against my usual ...
- RsX replied Jun 7, 2013
Specific nuts and bolts on the entry plan, inside the 15m view.... image
- RsX replied Jun 7, 2013
Update on that intraday plan... lower sell zone setup triggered. Damn late into the day/week again with Fri afternoon by now (GMT)... typical. Setup's there anyways. Looking for p/b for entry now. Perhaps even staged @ 3240 /w -15p SL here... image ...
- RsX replied Jun 7, 2013
I'm looking at two options. Higher zone best R/R, lower odds to materialize at this point as well as work into target (in between larger key areas). Lower zone = higher odds to materialize as well as follow-thru to target, however lower R/R. image ...
- RsX replied Jun 7, 2013
The preferred, bearish scenario now scratched, as ~3150-80 resistance was cleared with emphasis. Secondary, bullish scenario in force now, triggered by 3220-3250 hit and even closed on daily basis - as stated in the overall trade plan... image
- RsX replied Jun 6, 2013
EUR/AUD 3560-3600 provided temporary resistance only.. At the day, intraday plan did not materialize as market established support at that ~3540 instead and pushed higher - consequently breaking the daily zone. Next up, and for me the ultimate, ...
- RsX replied Jun 6, 2013
Trade plan update... 48h later - almost there. Nothing in between. One more (fourth) HH against ~3150 needed here... blowoff->reverse best, unloading the main batch of that large supply... Triggers the bearish scenario. So will be looking for ...