Weekend Gap and Month S3 Camarilla Tag

GU and $EURUSD seasonality kick in first week of SEP. $DXY $GLD

Trade ist aktiv:

Long of Month S3 pivot this morning @ 1.2820.

Target = Month R3 Camarilla @ 1.3080. Will sell 1/3 at the weekend gap fill @ 1.2950.

Kommentar:

GU Seasonality: imgur.com/a/207mh3Q
EU Seasonality: imgur.com/a/elAU7rA

Kommentar:

Decent bottoms for GU and EU first week of September on average.

Kommentar:

YEEHAW! Don't know what is happening right now but GU just rose 100+ pips in under a minute.

Trade geschlossen: Ziel wurde erreicht:

Closed half of GU at 1.2950 at the weekend gap fill. +130 pips.

Kommentar:

Raised stop to 1.2870

Kommentar:

Raised stop to 1.2870, about 45 pips above the entry price.

Trade geschlossen: Ziel wurde erreicht:

Forgot to update this trade. Great Camarilla trades on the monthly S3 and R3s for GBPUSD EURUSD USDJPY this month.

There is about a 60-70% chance that after fully exploring the S3 to R3 range we revert to the mean, the August close (Camarilla pivots are centered on the previous period's close).

Kommentar:

GU Also hit the big 50% weekly level retracement and mid line of the big pitchfork guiding the daily trend down.