Daily Forex Trading

[LeMercenaire]

Z-Line opportunity coming?

USDCHFH1asZ-LineOpportunity5thSept18-crop.png (15.44 KiB) Viewed 2894 times

[LeMercenaire]

One that's already been and gone...

GBPUSDH1asincZ-LineBounce5thSept18.png (36.97 KiB) Viewed 2888 times

[LeMercenaire]

As a wind up to the week, The DAX is doing its own thing in a dance with a C-Fork. Bounced once, it remains to be seen if it goes on to close below the line.

If it does, then that will also be a close below the 50-Fib and would open the way to a drop to 12250 or thereabouts (initially at least).

.DE30.H4doesitsownC-ForkBounce31stAug18.png

Monday will tell.

Update on that. Well it got there, lol. 12250 as noted, is just above the low point of the LRC, in fact is where the next candle retraces to.

.DE30.H4howthatplayedoutfromthewatchlist5thSept18.png (43.52 KiB) Viewed 2885 times

[LeMercenaire]

This may be worth a look through the day...

GBPNZDH4worthwhilekeepinganeyeon5thSept18.png

It was...

GBPNZDH4asmovedon5thSept17.png (31.65 KiB) Viewed 2884 times

[LeMercenaire]

If you take a look at the H1, you get a clear view of the perfect DWZ move that's run through the day. It also gives a clue as tomorrow's direction...

GBPNZDH1itsbeenaperfectDWZmovetoday5thSept18.png

DWZ to a ''T''...

GBPNZDH1DWZperfectiointheend5thSept18.png (37.73 KiB) Viewed 2882 times

[LeMercenaire]

I'm watching this as a possible HOLO set-up and it's interesting to see how it looks like it may be a bounce move coming.

USDJPYH1bouncecomingmaybe5thSept18.png

May be a couple of ways to get in in something here.

The HOLO set-up didn't quite play out but we did get a 1-2-3 short...

USDJPYH1HOLOdidntquiteplayout5thSept18.png (25.02 KiB) Viewed 2881 times

Plus, it certainly worked out as a bounce play...

USDJPYH1andcertainlyworkedasabounceplay5thSept18.png (45.49 KiB) Viewed 2881 times

[LeMercenaire]

Another way of playing that JPY...

GBPJPYH1possibleherealso5thSept18.png

Yeah, that was another way to do it, lol...

GBPJPYH1asthatbounceplay5thSept18.png (35.9 KiB) Viewed 2876 times

[LeMercenaire]

Hope some of you got some of that info and put it to good use.

[LeMercenaire]

Interesting...

EURJPYH1interesting10thSept18.png (37.72 KiB) Viewed 2751 times

[LeMercenaire]

Check out the perfect bounce from the 50. So, so, sweet...

EURJPYDailyasperfecrtbouncefromthe50Sept10th18.png (39.24 KiB) Viewed 2751 times