TheBramble's Short-Term Spot FX Biases

[TheBramble]

Here's where I'm at right at this moment. Trading the m15 for short-term, short-lived speculative plays on Spot FX. Not currently in any trades.

AUDs turning Bullish.
EURs still Bullish (except EURAUD and we don’t talk about EURCHF these days…)
GBPCHF Bearish
GBPJPY just turning Bullish
GBPUSD – a mess. No idea.
USDCAD – not as much of a mess as cable, but none too pretty. Just turning Bearish.
USDCHF – Bearish
USDJPY – Just turning Bullish

 

[TheBramble]

Potential Short brewing on EURAUD. Stop tentatively at 2910. 1st target provisionally 2856. Likely entry point below 2878. R:R 32:22.

 

[TheBramble]

2nd target 2830 R:R 32:48 & 3rd (and final) target 2805 R:R 32:73.

 

[barjon]

i'll track you for fun, tony, but play it differently and look to short around 905 with stop around 918

 

[barjon]

bugger, never got there

 

[TheBramble]

EURAUD potential short entry now around 2888.

 

[TheBramble]

EC OECD Economic Outlook in 8 mins. Not major news, but I'm not going to be getting an entry signal ahead of that anyhow.

 

[barjon]

well i should be in but missed it, never mind

 

[TheBramble]

Even if it doesn't buckle shortly, I'll be keeping an eye on EURAUD up to 2920 where there could be Resistance at Yesterday's Low and even more so at 2925 where there is a 3-line whip (Today's Open, Weekly PP & a proprietary [but don't order yet] level based on agreements between the Frankfurt and London institutions earlier this morning)

 

[TheBramble]

In at 2899 stop 2910.

 

[TheBramble]

Well, that was fun...

 

[barjon]

..and i'd have been stopped - bon voyage mon brave

 

[TheBramble]

While losing isn’t embarrassing, failing to adjust my stop to the next higher SR level when moving my entry level up is the real embarrassment. Teach me to show off by doing it live. Doh!

 

[TheBramble]

..and i'd have been stopped - bon voyage mon brave

Not with a stop at 18 you wouldn't.

 

[counter_violent]

I have the recent high as 1.29092 but that was on a fast move/ spike

 

[TheBramble]

Reset and ready to Short again with stop at 2925 (which is where it should have been last time...) when/if I get another entry setup.

 

[TheBramble]

I have the recent high as 1.29092 but that was on a fast move/ spike

...which wouldn't have stopped Jon if he was at 2918...?

 

[counter_violent]

...which wouldn't have stopped Jon if he was at 2918...?

correct

but there's time yet

 

[barjon]

Tony - looks like your stop was wise.

Initially I thought you were planning a sort of break out to new lows continuation? So I thought I'd look at it from my retracement perspective. Not quite sure where your actual entry sprang from.

Sorry I littered your story though - shall I delete all mine?

jon

 

[TheBramble]

True. As I said earlier the 20/25 levels are potential reversal points. If it goes as far as 25 though please remind me to move my stop out to 2950 before going in...