Thread: Systematic Daily Chart

Originally Posted by ;

Just need to post a few charts so people can see how I trade. I'm a trader, not an analyst. I respond to conditions in the market and the way they are reflected by my model at risk preference. To be quite honest, I don't follow news(only for contrarian sentiment) or perhaps economic information because matter-most of the is just noise anyway. EURUSD -nearing high of range close to 1.1135, looking quite stretched here, but it can squeeze higher. I don't have any place on this pair image

Hello,

I'm a trader, not an analyst intriguing sentence....

Myself also exchange from day charts only, using Fibonacci and harmonic patterns. On the lookout for reversal points.

I'm interested to know more concerning the indior that you use on the right hand side of your graph. (Red, blue and green colours)

Regards

Originally Posted by ;

USDCHF has a buy signal, but it's still sitting above service .9700-.9650. In my experience, challenging levels of service and resistance trump momentum and timing, with that being said I would need to wait here to buy. image

USD seems to be fading right now, this is what the USDCHF seems like today. I did not take a trade on the buy signal that I posted, but that trade seems to be up about 100pips from buy entrance service. Obtaining a market countdown now entering into OB territory. Closely seeing this and EURUSD which appear to be correlating well(negatively) right now. I am simply sitting and waiting right now, currently no transactions, but some selling of USD seems to be putting up here over the subsequent 3 days.

There are a number of convergences that should be occurring- centered upon the simple fact that USDCHF and USDJPY are investing in close to markets value that is fair- 120 and .97 . This opens up a massive chance for trades at the USD space, most especially EURUSD in which mkts fair value is up near 1.2170 I think. Assuming that we get a management with a alyst at the meeting, we will see a big USD commerce within the quarter. Charts can tell you a lot about the mkt, If You're Able to take them

USDCHF includes a buy signal, but it is still sitting over service .9700-.9650. In my experience, hard levels of service and resistance trump momentum and timing, with that said I would have to wait here in order to buy.

Originally Posted by ;

GBPUSD -tons of energy construction since the beginning of summer represented by the wedge in addition to diminishing amplitude. I took a long position once I had signs up abt right holding into rate conclusion looking to end. image

nice motion here, good compression at the base. Same with all the USDJPY fade, mkt Searching for lower prices since rate bulls panic a bit

EURAUD
- ought to see some weak price action early next week. I will look to go brief this pair when time is ideal.

USDJPY
- better support near 120. A significant magnet amount

EURAUD
-dropping momentum, looking for a dip here, not time just yet though

GBPUSD
-heaps of energy construction since the start of summer reflected by the wedge in addition to decreasing amplitude. I took a long position after I'd signals, up abt 180p right now, holding into rate decision appearing to finish.

Just want to post a few charts so people can see how I trade. I'm a trader, not an analyst. I respond to conditions on the market and the way they are reflected by my version at risk preference. To be very honest, I do not follow much news(only for contrarian sentiment) or perhaps economic information for that matter-most of the is just noise anyway.

EURUSD
-nearing high of range close to 1.1135, looking very stretched here, but it can squeeze higher. I don't have any place on this pair