Intraday trading - page 16

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Sostratos FX Daily Strategy: Sell AUDUSD: Entry: 0.86020, Target: 0.84720, Stop Loss: 0.86620
 
Euro/dollar jumps 50 pips to $1.2250 on ECB's decision to float E131.933bn in 3-month LTROs
 
Sostratos FX Daily Strategy: Sell AUDUSD: Entry: 0.85470, Target: 0.83820, Stop Loss: 0.85970


Sostratos FX Daily Strategy: Buy EURUSD: Entry: 1.22640, Target: 1.23440, Stop Loss: 1.22340

 

Sostratos FX Daily Strategy: Sell GBPUSD: Entry: 1.50020, Target: 1.48720, Stop Loss: 1.50370

 

A possible move on the euro...

Corrected slightly.


 

Who has any thoughts on the Ozi. I think in the short term the decline will continue...


 

On the OZI, the thoughts are as follows: on the hourly chart it is trying to break the descending channel from the bottom up, if it breaks it will draw an inverted GP; I put a pending order at 0.8520.

If the price continues to move in the channel and leaves the uptrend, it may go down 150-300 points; respectively, put a stop-loss on breakdown of the local low at 0.8315

So far so good...


 

The Euro is showing a divergence on the hour and a 5 wave pattern may already be in place, so we may go like on the screenshot, and if we go like that we may make a GP... imho


 

I reckon the 5th in C is over...


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