Quick plot to look for a long scalp (catch the proverbial Knife).
The drop has been fast and furious but even dead cats bounce.
Lets see if we can set a trap to catch a few pips or ride higher.
Professional Knife Catchers do so with 2 fingers only (small lots).
If the knife slides through fingers, let it go and move your feet.
If actually caught, check both fingers and slide sheath upward.
Targets in red, first one to close 50-80% of position based on movement.
Second target is rather blurry, any one of the lines could turn it quick-like.
Third target would be super lucky home run, close it and turn off computer.
Previous Plots:
NZD.USD Trend Strength Evaluation
NZD.USD Previous Top and Rhythm
See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.
USD.JPY bounce Call
GBP,USD bounce Call
XAU.USD to $1367? (caught most of the spike)
Silver Bounce scalp (Perfect entry, still in play)
DXY top call (Upthrust warning just in time)
SPX recent top (Fib extensions at work)
XAU.USD long to short (recent perfect entries)
USD.JPY short to long (recent perfect entries)
EUR.USD long term Short (the very tippy-top a year ago)
AUD.USD long term Short (almost at a long term target now)
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
The drop has been fast and furious but even dead cats bounce.
Lets see if we can set a trap to catch a few pips or ride higher.
Professional Knife Catchers do so with 2 fingers only (small lots).
If the knife slides through fingers, let it go and move your feet.
If actually caught, check both fingers and slide sheath upward.
Targets in red, first one to close 50-80% of position based on movement.
Second target is rather blurry, any one of the lines could turn it quick-like.
Third target would be super lucky home run, close it and turn off computer.
Previous Plots:
NZD.USD Trend Strength Evaluation
NZD.USD Previous Top and Rhythm
See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.
USD.JPY bounce Call
GBP,USD bounce Call
XAU.USD to $1367? (caught most of the spike)
Silver Bounce scalp (Perfect entry, still in play)
DXY top call (Upthrust warning just in time)
SPX recent top (Fib extensions at work)
XAU.USD long to short (recent perfect entries)
USD.JPY short to long (recent perfect entries)
EUR.USD long term Short (the very tippy-top a year ago)
AUD.USD long term Short (almost at a long term target now)
Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
코멘트:
Knife caught (I think)
checking fingers now, no squirting blood yet ...
.
.
코멘트:
Bounce is undeniable.
Just dont know if death is inevitable.
Zoomed in, we see the green 2.236 was the reflection and not the larget tf Red below below. Pretty good sign
< checks both fingers, all good, phfew >
.
Just dont know if death is inevitable.
Zoomed in, we see the green 2.236 was the reflection and not the larget tf Red below below. Pretty good sign
< checks both fingers, all good, phfew >
.
코멘트:
First possible snag here, the pesky 2.618
2.618's are like Rooks on the Chess board, everybody notices it even just sitting there ...
.
.
코멘트:
So far so good. Now at next obstacle, the high tf fib 8.236
looks to be negotiating reasonably well.
.
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
.