Expecting more downside, will post another tradeidea of when I get short.
Update from my SHORT AUDUSD call I wrote posted here , currently up +340 pips across the two lots as price is nearing the target area of the 3 Drives Pattern I drew in here . On March 14th I absolutely nailed the coming decline . Do yourself a favor and check out that post. Confluence : Relevant confluence around target area include the 78.6% retracement,...
please leave me some feed back on what i can work on or anything i'm doing wrong. thank you
My bias for aud/usd is bullish. I was shorting this pair 2 times this week with small positive outcome. But bears have difficulties to push down, and we are entering bull area which means that there is better chance to go long than short. Enter at lows and take profit at last highs as showed in the chart.
USD / JPY trades in range on Daily chart. Looking on monthy chart we can see possible rally in the future. I see this as bullish opportunity. Wait for price to come down to lows at 108.300. Set your target at previous tops. :)
AUDCAD failing into dynamic range once again, with a possibility of a breakout to upside delivering a continuation of this bullish IRR retrace. On the other hand a break to the downside of this pendant will give us a better indication to where we should place our entries to trade this pair.
As Gold continues to show its bullish run and possibly a continuation of its trend. high target may be achieved as long as price holds above 1263.00, Targets of 1300 , 1340. For the month, it has come back down to Equilibrium to run any long stops, and is now finding its way to retest the high of 1360 before distributing down to the Monthly OB, which is 70%...
Aud appraoched its 3rd retest of 1.03242 on a month time frame, On the day chart it has not broken its ascending channel, looking for a lower approach
As AUDUSD approaches a heavily respected Resistance at 0.77196 which has failed to be breached since 2015 early 2016, breaking price 0.7600 will push price back into its intra-day short
Cup And Handle Being formed on the Day Chart and 4H time frame, price is now consolidating and looking for price to head for the highs, looking for price to stay above 80.500 as it it currently being respected for price to move to OB at 91.900
USDCHF has broken its trend line and now retesting the trend , As the dollar weakens looking for price to proceed lower, 200 and 50 EMA has crossed on the 1h, 45, and 30m Time Frame
gold prices has fell to a two week low today as the dollar strengthens as yellen stated the importance of increasing rates and possible hike in march ,currently trading with an intra-day high at 1228 and a low at 1216, still looking for price to push up to 1254 before heading back down to 1200s then 1180
EURGBP Heads and shoulder as the process for Brexit continues, the right shoulder is being formed, looking for a downside to the previous bullish OB
Crude oil has been trading at high levels and is now consolidating at $54, looking for an upside to $60
Still quite bullish, previous weekly resis level 1182 with a hammer forcing price to shoot up towards 200 ema to begin eliminating previous highs, as the dollar weakens
Price has strongly broken above 1.71500 and has currently held very well. We can also see a bullish continuation pattern off the price level of 1.71500. I will be look for a target of 1.75000 for the up coming week , if we manage to sustain above 1.72000. We have also had a fairly good bullish close to the day on 20/01/2017 which adds to the long bias. Trying...
This pair no seems to have broken a key area 0.72200 and price has held firmly above it , closing the day with a big bullish candle. My bias for now midterm is bullish , as I believe we may see price hit at least 0.73700. However as we have NFP out on the 06/01/17 we may see a possible re-test of 0.72200 which is just slightly under 90 pips or so from where we are...