Last full week before the slow down

Hi everyone.

Last week I mentioned to be careful  with the GBP pairs as they were wild.

Well they didnt disappoint as most GBP pairs opened with BIG gaps on Monday and if you might have left open trades over the weekend for some silly reason you might have had a heart stopping Monday morning as the picture looked totally different from Fridays close.

Ok…..its the last full week of trading before we will have a slow down over Christmas and the New Year and with years and years of experience I have noticed that things only really start picking up mid January again.

However….. we still spoiled this week with a potential 9 pairs that meets my Earth and Sky trading zone requirements.

Lets have a look…….

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Last full week before the slow down

Let’s have a look at some Earth and Sky set ups to keep an eye on….

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1) Euro/Aussie Dollar on the 4 hour chart:

The direction indicator is short the 4 hour AND THE daily chart and we closed min 232  pips lower than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently I have a short between 1.6219 and 1.6309 with areas to keep an eye on 1.6219 and 1.6262 and 1.6302 areas again for possible longs.

Counter longs from the WS1 pivot at 1.5942 and the WS2 pivot at 1.5811 areas.

Notes:

Keep an eye on the 4 hour 55 and 200 EMA for the roadblock areas to short from again.

Last full week before the slow down

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2) Euro/GBP on the 4 hour chart:

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 119 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently I have a long between 0.9105 and 0.9044 with areas to keep an eye on 0.9076 and 0.9044  areas again for possible longs.

Counter shorts from the WR1 pivot at 0.9263 and the WR2 pivot 0.9370 areas.

Notes:

If we break the 75% fib to the downside then we have another long zone between 0.9020 and 0.8982 areas.

Last full week before the slow down

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3) GBP/CAD on the 4 hour chart:

The direction indicator is short the 4 hour AND THE daily chart and we closed min 245 pips lower than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone.   

Currently I have a short between 1.6995 and 1.7109 with areas to keep an eye on areas again for possible longs.

Counter longs from the WS1 pivot at 1.6692 the WS2 pivot at 1.6504 areas.

Notes:

If we break the 75% fib to the upside then we have another short zone between 1.7164 and 1.7222 areas as we have loads of EMAs here.

Last full week before the slow down

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Last full week before the slow down

4) Aussie/Dollar on the 4 hour chart:

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 106 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone

Currently I have a long zone between 0.7475 and 0.7424 with areas to keep an eye on 0.7475 and 0.7451 and 0.7424 for longs to set up from…..

Counter shorts from the WR 1 pivot at 0.7613 and the WR 2 pivot at 0.7692 areas.

Notes:

If we make new higher highs without the correction we want follow price with your fib to get the adjusted long zone for the week.

Last full week before the slow down

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5) Aussie/CAD on the 4 hour chart:

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 128 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone

Currently I have a long zone between 0.9556 and 0.9508 with areas to keep an eye on 0.9556 and 0.9533 and 0.9508 for longs to set up from…..

Counter shorts from the WR 1 pivot at 0.9681 and  the WR 2 pivot at 0.9748 areas.

Notes:

Wait for price to come to you.

Last full week before the slow down

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6) Aussie/JPY on the 4 hour chart:

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 102 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone

Currently I have a long zone between 77.84 and 77.37 with areas to keep an eye on 77.84 and 77.61 and 77.37 for longs to set up from…..

Counter shorts from the WR 1 pivot at 79.12 and  the WR 2 pivot at79.89 areas.

Notes:

Wait for price to come to you.

Last full week before the slow down

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7) Aussie/SGD on the 4 hour chart:

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 170 pips higher than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone

Currently I have a long zone between 0.9989 and 0.9932 with areas to keep an eye on 0.9989 and 0.9962 and 0.9932 for longs to set up from…..

Counter shorts from the WR 1 pivot at 1.0150 and  the WR 2 pivot at 1.0231 areas.

Notes:

Wait for price to come to you.

Last full week before the slow down

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8) NZD/USD on the 4 hour chart:

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 50 pips higher  than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone

Currently I have a long zone between 0.7062 and 0.7034 with areas to keep an eye on 0.7062 and 0.70493 and 0.7034 for longs  to set up from…..

Counter shorts  from the WR1 pivot at 0.7130 and the WR2 pivot at 0.7175 areas.

Notes:

Wait for price to come to you.

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Last full week before the slow down

9) NZD/SGD on the 4 hour chart:

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 92 pips higher  than last week`s opening so we did meet ALL of the requirements to fib the 4 hour chart for this week’s Earth and Sky trading zone

Currently I have a long zone between 0.9428 and 0.9398 with areas to keep an eye on 0.9428 and 0.9414 and 0.9398 for longs  to set up from…..

Counter shorts  from the WR1 pivot at 0.9514 and the WR2 pivot at 0.9559 areas.

Notes:

Wait for price to come to you.

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Happy trading….

Pierre