60
AUDJPY 60 LongAUD -6 JPY 0
Looking for a short term trade to the previous breach of sellers @ 76.430 if momentum from the asian open and aussie news is able to bring it up.
If not will be looking to take longs to 76 and 76.200 Region
Prices are getting rejected off the hourly charts and AUD have been trending down for quite sometime.
It seems buyers are lifting the offer, hoping to get a good price around the 75.800 with a good reaction from the buyers. Expecting prices to spike as well because of news catalyst.
EURCAD 60 LongEURCAD is in a uptrend, and it seems the sellers are exhausted.
This trade is not fully prepared yet as im still waiting for a pull back to join the uptrend.
Things to expect
1. Price fails to pull back and blast off.
2. Weak pull back into the previous breach, Fade the sellers and buy.
EURCHF 60m ShortStrong Move coming in from the sellers on the 60m Time frame. from the pullback it seems buyers are weak.
Possible Reactions from buyers.
1. Buyers pulls back into the 50% retracement starts to range showing that buyers cannot take prices higher. A short position can be considered.
2. Buyers Steps up breaks it convincingly and holds above that price. If that happens, i will wait for a pull back that shows that the sellers are no longer around and take a long to the recent high on the 60m timeframe.
3. Sellers Goes south breaking the range without pull backs. Standby and wait for pull back
amzn cancels new nyc headquarters plansseems that for almost a month sellers love that purple resistance
we then have 3 more res. if we break it as it once did around 31jan it will need more buyers to withstand the sellers pressure and even go beyond the dump treshold.
but also the white line acts as a dynamic support and doesn't let it fall below, so we see our buyers loving it and dearly defending the 1500$ mark.
ETC/BTC possible 60% profit within 2 weeks ETC following an uptrend, it bounced perfectly from the 0.618 fib line, RSI above 50 and below 70, considered as bullish trend, If price drops, buy orders could be placed at 0.618 or 0.5 fib line. I think the price wont drop to 0.5 fib line for now.
Buy orders at 0.003 and 0.0027
Sell targets at 0.004, 0.0048, 0.0052 and 0.0058. Take profit all the way up. Do not be greedy
ETC airdrop on 5th march 2018, This pushes the price, but sell the news. The price probably drops short before or after the airdrop.
If you have any feedback or remarks, please comment below.
This is not financial advice.
USDJPY 60M bearish opportunityHello Traders,
There's an bearish opportunity on the USDJPY 60M timeframe. Price action is at a previous level of resistance (3 touches) with a bearish divergeance on the RSI. I will be entering agressively to the downside with a target at the 382 retracement of the previous leg. If you want to be more conservative, you can wait for a double top and RSI divergeance to confirm entry.
Good luck in the markets,
Leitmotiv
Trade 13: Short AUDCHFRisk of capital : 2%
Action: Sell at 0.7374
T1: 0.7323 ---- T2: 0.7268 ------ S.L: 0.7412
For more details about the trade and all Stats since start of journey (May 11) goo.gl
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade closed manually: closed manually at 1.6896
Trade 11: Long NZDCAD Action: Buy limit at 0.9660
T1: 0.9749 ------ S.L: 0.9615
If we reach above 0.9710 before triggering entry the trade will be cancelled. Unless I stat otherwise in updates.
This Trade will have Risk of capital of 2%
For more details about the trade and all Stats since start of journey (May 11) goo.gl
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade 8: Short USDNOK
Action: Sell Limit at 8.477
T1: 8.407 T2: 8.308 S.L: 8.516
This Trade will have Risk of capital of 2%
For more details about the trade and all Stats since start of journey (May 11) goo.gl
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician