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Wavegarrick replied Feb 13, 2019Hi Guys, From a daily perspective could see Eu test 1.12179 between today and tomorrow. A significant level and possible bounce point. A strong break of 1.12179 could see Bulls in a spot of bother. Take care.
EURUSD only
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Wavegarrick replied Feb 13, 2019There are many ways to scin a cat if you are swing trading. 1) Take the loss. 2)hedge. Means you come back later and take an informed approach. 3)Diversify and look at a basket approach. Take profit at a specified amount. All this can go in your ...
EURUSD only
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Wavegarrick replied Feb 13, 20191.1300 holds again at resistance or it folds. At this point in time from a 15 min perspective looks like a bounce point back down could be on the cards, Cheers
EURUSD only
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Wavegarrick replied Feb 13, 2019Ouch!!
Still too early to tell. Could we see 1.1250? Difficult trading ahead. Take care.EURUSD only
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Wavegarrick replied Feb 13, 2019The ping pong match has begun. Remains to be seen if my monthly support 1 at 1.13017 will hold or the round number at 1.1300. Take care..
EURUSD only
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Wavegarrick replied Feb 12, 2019Hi Guys, Took another short here with a 22 pip stoploss. 1.1300 could act as some sort of resistance. A swing reversal will not be as easy as it looks. I believe they will stop hunt either way, a bit of ping pong if you like with big moves in either ...
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Wavegarrick replied Feb 11, 2019Hi Guys, as highlighted last week. Possible area of interest for buyers 1.12500. My shorts riding along smoothly. Take care
EURUSD only
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Wavegarrick replied Feb 8, 2019Here is my thinking Guys, If and when we have a possible swing reversal to the top. They will whack it up 50 to 100 pips to the top and trap longs and drop it another 200 pips or more or they could go straight up in a flash. Always a 50/50 at this ...
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Wavegarrick replied Feb 7, 2019Hi guys, Just something to be cogniscant of. The last 2 days, well I can probably count 3, have had almost full bars with very small retraces towards the daily open candle let alone daily pivots iow candle closes have been strong. It is when I see ...
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Wavegarrick replied Feb 7, 2019Possible areas for me to watch is my yearly pivot med sup 1 at 1.13303. Monthly sup 1 at 1.13017 and of course my cyclical support zone between 1.12750 and 1.12146 ish. Take care..
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Wavegarrick replied Feb 7, 2019Hi Ata and SteFx85, Thanks for your insights and as always respect your views. I hope that all members following your way of trading have the same disciplines in place. By the way Ata, I do use your trend line analysis to determine add on entries, ...
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Wavegarrick replied Feb 6, 2019Hi Galactico, Thanks for showing interest in my method of trading. I mainly trade pivots. As you can see from the screenshot, I had a bounce from my weekly pivot resistance 1. For my first trade I waited for 2 days for my daily pivot to move down ...
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Wavegarrick replied Feb 6, 2019Just thinking what makes you think that price is going to reverse there?. Just too many top and bottom wannabe catchers. Crumbs it is driving me nuts. Does anyone ever think about higher highs and lows before an entry long for example. Choosing an ...
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Wavegarrick replied Feb 6, 2019Never fight the here and now
. Tomorrow is another day. So far still bearish. Cheers..EURUSD only
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Wavegarrick replied Feb 6, 2019Hi Guys, There are a few reasons why I say this short spell could turn in a flash, to the upside: -We had more than 3 days of retrace. -We could possibly bounce off my weekly support 1.13915. -We have retraced back into a major support zone. Green ...
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Wavegarrick replied Feb 6, 2019Hi Guys all buy trades were closed. Down cycle confirmed. I am quite suspicious about this down move as we are back into my major support zone. Possible target 1.12500 area. Currently locked in at 96 pips profit. Touch and go, will see what happens ...
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Wavegarrick replied Feb 4, 2019Hi Guys, I am starting to think if Eu does not assert itself above 1.14700 ish today Bulls might be in a spot of bother. We are at a crossroad between bears and bulls. If 1.14340 is breached with a daily close below we might go into a sustained ...
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Wavegarrick replied Feb 1, 2019Hi Guys, Just to throw a spanner in the works, I still remain long. I know not a popular choice. My green box holding firmly and I think we are still in an upcycle process. News do not affect cycles, remember that. The market players use it for ...
EURUSD only