Journal Take 2 - Chart Patterns

[natureboy]

Looking for a possible move up in GBPAUD... Could fail, of course. There's been clear support around 1.5618, above 1.5665 i'm looking for a move to 1.5817 area

 

[natureboy]

Revisiting that prior AUDUSD bear setup



Pattern did lead to a tradable swing - however the low was near, and the bear channel broke, giving clear upside bias.. Still, a money maker when handled correctly

 

[natureboy]

EURNZD - targeting 1.62 (there's a cluster of proportional relationships there)

Currently could see a correction. W10 on the 2hr, selling candle on Daily..





i'd say look to buy around 1.5920, follow the support TL

we'll see what happens

 

[natureboy]

i'm not buying this current new high in EURUSD.. i'm expecting a drop from here until about 9am.. Could be as wrong as thinking i'm in control of the markets, we'll see

 

[natureboy]

As a message of truth, i think we should all reflect on the following:

Alien 3 'I ain't much for begging' audio - YouTube

 

[natureboy]

..and for focus and invigoration:

John Kelley - A Night In The Park - YouTube

Bless You All

 

[natureboy]

Hump Day.. After Asia, the EURUSD is really sideways so far.. having already moved its daily range, it is not likely to push much more today. i'd love to be proven wrong, but so far i'm just waiting for a signal

 

[natureboy]

AUDUSD has been moving up though.. EURUSD could be about to follow suit. Hmm. Going long AUDUSD possibly, have a day system setup there, will know for sure at 830.

 

[natureboy]

Well, no i'm going long EURUSD. I know more about what's going on there right now - haven't spent as much time on AUDUSD recently. Automating longs. it can always go farther than you think, so who knows it could have 40-50 pips upside.. we'll see..

 

[natureboy]

If the EURUSD can push up.. 1.3169 would be the logical point to watch.. If it even gets up there

 

[natureboy]

this long is BS i'm getting flat

 

[natureboy]

Here are the updates. EURUSD instead looks to have topped near that 840 target.. I'm waiting for a good retracement before getting long again, hopefully much lower

GBPAUD has continued down so far, i'm anticipating a turn somewhere soon, above 1.5569. On a 2hr pattern, you could use 15m Trend ID or 30m, experiment.. to find the actual turn.

 

[natureboy]

EURUSD has probable support TL about 1.3060-90, depending on the velocity down

 

[natureboy]

these exchange rates aren't listening to me

 

[natureboy]

there's another possible support for GBPAUD at 1.5557

 

[natureboy]

Here are some EURCAD patterns after the fact. I didn't have this short - very different trend from EURUSD -> could easily fall farther too, though may be pausing right now

 

[natureboy]

Another one i missed in the kiwi -> i need to get more organized!

 

[natureboy]

Morning

So, the GBPAUD projected support (from pattern Fibonacci ratios) didn't hold, however the 15m trend tool i use has yet to turn bullish, so no long yet anyhow



Also, EURUSD is at a support TL from the 10/14-10/16

 

[natureboy]

Rally off TL on EURUSD failed for me for now.. we'll see what happens, if more downside or just a whipsaw

 

[natureboy]

if EURUSD keeps going down near term, 1.3060 area i'm looking to buy