Lem's Big Box O' Stuff.

[LeMercenaire]

One of my favourites for this, The Russ2K, is looking really good. Moving smoothly.

Russ2K H4

Russ2K-alsolookinggoodH4-march30th2020.png (81.91 KiB) Viewed 1610 times

Russ2K H1

Russ2K-alsolookinggoodH1-march30th2020.png (79.68 KiB) Viewed 1610 times

[LeMercenaire]

Can't really leave out Wall Street. Looks solid.

WallSt30 H4

WallStH4alsolisted-March30th2020.png (86.29 KiB) Viewed 1609 times

WallSt30 H1

WallSt30H1alsolisted-March30th2020.png (88.09 KiB) Viewed 1609 times

[LeMercenaire]

Of course...

The DAX H4

DAX-H4-VeryGoodLooking-March30th2020.png (86.52 KiB) Viewed 1609 times

The DAX H1

DAX-H1-butlooksweak-March30th2020.png (88.09 KiB) Viewed 1609 times

Interestingly, although the H4 chart shows us a strong look, the H1 is actually looking weak. More like it will follow through as a flip short again.

We'll see.

[LeMercenaire]

So, that's the major watch-list.

I would look at GU, as it has been a gold mine this month, simply tracking it long and just about getting ready to go in again - but the chart has all sorts of other stuff running on it just now and it is, if I'm honest, a total dog's dinner.

So, I will leave that aside and look at one we could get in on at the beginning of something, UJ.

There is an argument to be made for going in very aggressively on this already - however, I am going to wait a little longer and see how the Z-Line move long plays out on the H4 here first.

UJ H4

UJ-asaveryaggresiveShort-H4-March30th2020.png (86.12 KiB) Viewed 1609 times

UJ H1

UJontheH1-March30th2020.png (84.58 KiB) Viewed 1609 times

I am also very aware that although I am saying get in on something from the beginning, in actual fact, we are a hell of along way down a move already. So not so aggressive actually, in the grand scheme of things.

For now...

...Hurry up and wait.

[LeMercenaire]

Dropped the fib over the UJ H1 chart.

You can see where the earlier move would have come in and now where we look at any continuation short side.

UJ H1 Fib Overlay

UJwithFibOverMarch30th2020crop.png (70.72 KiB) Viewed 1609 times

[LeMercenaire]

Now I have the basics set out, I will have a scan through all the charts but I won't post up any more unless we look like it's nailed down. Don't want to swamp the ground.

[LeMercenaire]

Ok, dropping down to see about any kind of entry set-up on that UJ and you can see that it really is still prudent to sit on your hands.

UJ 30-min

UJ30-min-Temptingasitis-needtoholdfireMarch30th2020.png (88.56 KiB) Viewed 1603 times

This is now showing why I prefer to scalp, as this hurry-up-and-wait stuff does my head in!

However, I'll be good.

Hands duly sat on.

[LeMercenaire]

Well price threw in a head-fake North and good stuff we held off, however, it now seems to be showing it wants to head South again, so if price holds below this level, we could be on.

[LeMercenaire]

As we stand at the end of the day (17:44 uk time), the 30-min chart still hasn't shown its hand.

UJ 30-min

UJ30min-asitsitsnow30thMarch2020at17.44.png (95.66 KiB) Viewed 1553 times

[LeMercenaire]

H1

UJasH1endofday30thmarch2020.png (95.53 KiB) Viewed 1553 times

H4

UJasH4march30th2020endofday.png (93.41 KiB) Viewed 1553 times