1/10/17 London Open

Yo yo yo here are the charts I'm scoping rolling into this LO.

SMT Divergence

Everything seems to be converging except for GU, which has been flat. This signals that GU has been in control, and a healthy move might be in the books.

Majors

AUDUSD looks to be respecting its breaker to breaker map quite well.

EURUSD has both a breaker and a daily level within a reasonable distance of price.

GBPUSD appears to be accumulating and has a daily level right under the accum, and SMT divergence. Looking for a buy there.

USDJPY disregarded the daily level pre-London and ATR sent it back up, potentially looking for a short continuation off of that breaker, although that will be discretionary, I don't like what price has done in it.

Being Tuesday London Open we can most safely assume that the high or low of the week has either already been priced in or is going to be soon. Just saying.

AUDJPY update

Price made it through the breaker with reasonable respect but is resisting the breakdown of at least 10 pips, at this juncture a raid of the high in the block looks as likely as a successful breaker play.

CADJPY update

I love a healthy breakdown, but 120 pips... I don't think we'll be revisting the magenta breaker anytime soon. Best bet is to catch the bottoms of 15&30min BRs raiding bullish intraday liquidity.

Week of 1/9/2017 Harmonic Chart UPDATE

Many of the patterns that the initial pattern scan yielded were invalidated in short order by either AUD strength or GBP weakness. However, this opened up some new potential opportunities.

My initial post of this week found potential plays on 13 pairs (AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, EURCAD, EURNZD, EURUSD, GBPCAD, EURNZD, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDUSD and USDCAD).

AUDCHF, AUDJPY, AUDUSD (Bat, D1 Cypher is fine), EURUSD, GBPCAD, GBPJPY, and GBPUSD were invalidated (of course when one pattern fails another is in development but I'll cover those when they are closer to fruition, I have enough patterns for now.)

GBPAUD, GBPCHF, GBPJPY, GBPUSD and NZDJPY present new opportunities.

Here are the updated charts:

The charts that I was most confident in will be detailed separately with my Pre-London post. Cheers.

1/9/17 London Open

Didn't see anything worth trading this week so I narrowed down some opportunities in my sights and drew out what I think could take place.

Very rarely do I enter anything this first open, if not to just test the waters. Catch ya tomorrow!

1/9/17 LO SMT Div

What the SMT Div terminal looks like heading into the first London sesh of the week.

Peep AUDUSD vs USDX.

SMT Divergence Study

Haven't used SMT divergence in awhile and have been messing with it and taking notes about it in my physical log, might as well put those here. This is the new use for my Forex LTD terminal.

1/2/16
Before

1/3/16
After

Was expecting EG to move down alot because while USD was making lower lows and EURUSD was making lower highs GBPUSD was making higher highs

1/3/16
Before

1/4/16
After

Will post more on this later, I'm going to continue working on this and just post this as-is for now because I'm tired of sitting around as a draft. You will see more of this terminal later.

Week of 1/9/2017 Harmonic Charts

Started a pattern sweep this weekend and think I have enough to go off of to conclude it today. These will be updated.
FYI: The positions on these charts are just so I can, at a glance, see which pairs have stuff potentially unfolding on them. I plot these patterns in my Darwinex Terminal which has a demo account until the Dodd Frank act is repealed and I can open a real account with them. I wouldn't enter on a whim like this with real money, I just use these patterns as a frame of reference.
Here they are:

For continuity I was going to enter more mock positions on UCAD and what not but ran out of margin in my $1k demo! lol

Week of 1/9/2017 Majors Charts

Hey, first post this year! Have been resorting to the physical log for ease lately, I'll try to get back on here full swing soon. Here are the majors I'm staring down and calling out this week. Charts of the other pairs I'm stalking and my HTF patterns will go up separately (once I get my other terminals sorted, moving brokers and cleaning house, shifting some charts around and adjusting the drawings for the different brokers prices).

AUDUSD

EURUSD

GBPUSD

USDJPY

I'll get this other stuff sorted and brb