2017 Macro

Yo yo yo, as we're wrapping up 2017 we're looking for money to be made in 2017 and boy is there plenty. Here are the macro charts in the back of our minds as we roll over into the next trading year. Spring is going to be something special.

Crude long

AUDCAD short

AUDUSD short

CADCHF long

EURAUD short

EURCAD short

There you have it, the theme is Crude and CAD strength. There should also be a fair amount of USD strength, here's that chart:

With these biases in mind I will still keep tabs on my usual H1+ Harmonic Patterns, Accumulation/Distribution, Order Flow, D1 EQ, Breakers and SR on the majors.

Catch ya later

Pre-Fed Charts

Fed in 30mins and this is what my charts look like now:

USDCAD

AUDUSD

EURUSD

GBPUSD

USDJPY

Won't make many moves this week. Later

Post-FOMC Charts

Some before and after (post-FOMC, post-close) pics of those charts posted on 12/13/2016 and earlier:

AUDUSD


SimpleFX Terminal:

EURUSD

SimpleFX Terminal:

GBPUSD

SimpleFX Terminal:

NZDUSD

TradersWay Terminal:

USDJPY

SimpleFX Terminal:

TradersWay Terminal:

Pre-London Sesh 12/13/2016

Looking at USD this sesh. Here are some before charts:

Let's have a bountiful session

Pre-London session 12/8/2016

Yo yo yo

Now that that's out of the way let's trade

Post-London session 12/7/2016

I ended up setting two limit orders during London Open, a buy on EU at 1.071 (TP 1.0794) a sell on UJ at 114.427 and a buy on Silver at 16.45.

Ended up not taking anything AUD.

The USDX was just south of the equal lows composing of the bottom of the recently-distributed Distributions range. EURUSD was just above a level. USDJPY was just below a level. Silver was just above an LTF Gartley within a daily bats PRZ.

These orders never triggered.

USDX reversed 6 cents away from my line and then shanked 44 cents. This premature reversal resulted in:

• EURUSD only going to .7098, .2 pips into my order. Spread kept me out.
• USDJPY only going to 114.402, 2.6 pips away from my limit order.
• Silver reversing 20 cents away from the threshold of my zone.

Oh well, that is the risk you take using limit orders, placing the price of execution as a higher priority than whether or not you get a position (which is how it should be).

Maybe I'll sink my teeth into something next session.

Peace, yo

Pre-London session 12/7/2016

Here is what my focus is on this fine London Open:

Peace, yo

Post-London session 12/6/2016

Getting back in the London Open Groove.

Slammed a Red Bull and cranked up this https://www.youtube.com/watch?v=Zk26FUe38y0&t=9271s and "Talking Forex". 

This got me so in the zone that I neglected to post anything here. Whoops.

One trade went down today for me, GU sell.

GBPUSD was at a level I liked, so I copped a position.

Got my fill at the beginning of London.

After sideways consolidation into New York Open it became apparent what what happening - Distribution, the best case scenario for a sell. The trade hung around breakeven until about an hour and a half after NYO, then bam, bottom fell out of the distribution and we were well on our way to take profit during London Close.

Take profit was tapped during the London Close kill zone like clockwork.

Let's see what happens tomorrow.
Peace, yo

Week of 11/28/2016 Charts

This week our main focus is on AUDCAD and NZDCAD.  I also have H1 and D1 SR plotted on AUDUSD, EURUSD, GBPUSD, and USDJPY, so I'll try to keep track of LTF accumulation and distribution on those as well.

Here are the low downs on the main charts:

AUDCAD - planning to look for potential (NOT LIKELY) sells in the Butterfly C zone. Once through there, I will sell heavy in the Bat C zone and compound intraday on the way down, take some profit at PRZ and hopefully keep riding and compounding.

NZDCAD - planning to sell heavy in the Gartley C zone and compound intraday on the way down, take some profit at PRZ and hopefully keep riding and compounding.

That's it for the beginning of this week. I'll see how the majors start unfolding and post if I see anything enticing on them. Peace yo

11/21/2016

Didn't think I would be doing much charting this week because not many opportunities usually present themselves around Thanksgiving but here are some:

NZDUSD - Sell at next -OB visit.

NZDCAD - Pretty much the same story but with (Daily) Gartley confluence.

AUDCAD - Same story but with Bat confluence. I am particularly fond of selling D1 Bat Cs on CAD :).

We'll see how these pan out.

Week of 11/14/2016 Wrap Up (11/17/2016)

Squared off all of the positions I entered this week just after New York Open. Ended up with 203.10 pips from 5 positions in 4 pairs.

The winners:

 The loser(s) (one bad trade with two positions):

The one that got away (thought it would go deeper into C, the way she goes):

All in all it was a good week. Satisfied with where I took profit (cut profit short of take profits because it's Thursday and I rarely hold through (and very rarely enter on) Fridays, and Thanksgiving is next week so it will take a lot to make me want to put a position on).  Also very satisfied with where I cut my losses on CAD, thank you DJC for confirming my suspicion that CAD was going to rip everyone a new hole just in time to slip out.

Going to hone my edge next week in preparation to kill December and make 2017 my bitch.

Peace yo.