uscad shurt

uscad shurt

Trade aktif:

An early entry at 50% fibo is not bad, an entry at .618 fibo would be ideal-
As I dont leverage at all, my trades are set and forget for a few years. Will add to position as income allows.
Same strategy was followed during USD bull since 2008, no worries if I miss the sweet spot for a couple of cents.

Trade aktif:

Slide started at fibo 50% but it could still rebound to .618 and thats fine too. Im all in in this an AUD.

Komentar:

Wave 3 must be longer than wave 1, and usually is 1.618 times wave_1 lenght. so there is your target. give it a year or two for completion.

Komentar:

could it be an early start of wave three? so far only looks like abc.

Komentar:

those who are expecting a rebound up at fibo .618 are just in time to board...
In my humble opinion is not advisable as they would be trading countertrend.

Komentar:

a little surprised a bounce has not yet developed, but then again, this is the start of wave three down correcting 5 years up. has wayyy more to go down, but not in a straight line ffs.

Komentar:

Once price falls below 1.30724 you can kiss the usd bull good bye.

Komentar:

Ok today wave 4 minor of wave 1 down (of the BIG three wave down) looks completed. Expect one more push down today or tomorrow to complete the 5 ,THEN a retrace up in zigzag abc to .618 wave 1 will complete wave 2. Attention to position yourself here because this is your LAST point of maximum advantage entry. Once wave three of big three down starts it will be a zapper.

Komentar:

last wave down of series of 5 completed, bounce up to .618 imminent. in a zigzag, abc. then supershort opportunity in wave 3 of three down.

Komentar:

price did fall below 1.30724, USD bull is kaput.

Komentar:

Starting to consider the possibility that wave three be just as aggresive as wave 1 was. So far, its a carbon copy of it.

Komentar:

"THEN a retrace up in zigzag abc to .618 wave 1 will complete wave 2. Attention to position yourself here because this is your LAST point of maximum advantage entry. Once wave three of big three down starts it will be a zapper."

We touched the above expected retrace on friday 20th jan, on what looks like wave 'a' of the abc. . It could still linger some more but moment is good now to board this short.

Komentar:

a break below 1.30247 would be a rather large nail on the usd coffin. Leverage 1 to 1 on this since start day. This is 50% of long term parked capital, other 50% is AUD

Komentar:

This friday there was an enormous volume spike. Largest in the couple of years shown by tv. price barely moved.

Komentar:

However... Notice how in every occasion that there has been a volume upsurge, the price drops significantly immediately thereafter. 2016-2-12 and 2016.11.15 The volume this time exceeds those.

Komentar:

unsure how to label the descent yet. But this large wave 2 has to end and drop in a large wave 3. so stick to the trade, leave it be.

Komentar:

REVERSE!! GO LONG NOW. price 1.306 target 1.380

Komentar:

ok, it might be that usd climbs up some more. i dont care for the 3 cents Up, as much as I do for the 20 cents down . Im going long CAD for a year or two.

Trading ditutup: target tercapai:

iF YOU WERE LONG USD, CLOSE NOW. FIBO 618 IS THERE NOW .

A SHORT COULD BE ENTERED HERE. go CAD!

Its a little scary to be on the verge of such a LARGE shift.

Komentar:

PRICE 1.372...

Komentar:

price 1.254 . usd target still 7 cents below, but a small bounce is due.

Trading ditutup: target tercapai