EURUSD Price Action Setup (Comments Recommended)Hey guys,
So I am currently learning Price Action & incorporating a strategy within my binary options demo account.
I thought no better than to share my EURUSD chart and get some comments from some experienced traders so you guys can help me out and give me some advice.
So I am expecting price to fall to either my support (@ around 1.2200) or to break from the trend lines and once hit I am expecting price to breakout into the UP side so I will place a long call.
15-30 minute trade.
Let me know your thoughts :)
Samuel
Binaryoptions
SPX500 Spiraling up out and over into historical highs There is never just one single price direction for very long in the Capital Markets.
Here we have a perfect example. The SPX500 is due a new historical high, and it will fall in time nicely with the retrace due on GBPUSD.
I am wishing hoping and praying for a price of 2120 or above to get shorts onto, for once we touch heaven it will be back down into the depths of..... Well, you get the idea dont you?
www.stbinary.com
adam@stbinary.com
Get in touch if you like it ;)
A Sterling opportunity - Get off the floor GBP you're drunkQuite obvious that the bears are out to try and slaughter what remains of the pound.
Losing politicians, losing football, losing trade....not to mention the shit weather!
Here is a simple retrace action trade. Perhaps 1.33 is a little optimistic but we will see a retrace. Check out my SPX500 trades to work out why ;)
End of hour, end of day calls on GBPUSD - That's my 50p
Getting Pounded - Reverse cowgirl!!! GBPJPYSo everyone and their mothers are having it in for GBP right now, right?
So, let's seperate from the herd of sheep, and break out for a nice reversal here. Think of it like the best manga porn you have ever seen. You think it's finished, but oh no! It keeps on going!
I'm recommending to my clients to Call this sucker for end of day, end of week and end of month from here.
#bitchbetterhavemymoney
Check out my coloured crayon lines to see where I entered in a majority of client liquidity.
www.STBinary.com - Get your ass to the Street!
USDCAD - Rooftop SHORT smashing gamesSo taking a look at the USDCAD right now after some banter on the chat :)
My lines represent where I suggest you short or PUT the asset.
For binary its all about 15-60 minute expiration.
For FX its all about adding more points on for each new line crossed.
See the predicted potential drop off zone, potentially a huge amount of unsupported price there. Plus check out the predicted FIB lines that we are now in the middle of. Pretty simple stuff really.
Due to the data set to hit the market shortly, July 4th next week along with the NFP....My thoughts are simple - SHORT THE BITCH! ;)
Golden profits - XAUUSD #AspredictedPre-BREXIT as usual I posted up some truly simple analysis for all to enjoy and hopefully profit from. My aim during this last few weeks has been to shuffle as much of my client wealth as possible away from FX pairs and into GOLD.
Fortunately it was indeed the correct decision. For all intensive purposes I "predicted the future". As for the right here and now there is a great set up for binary options traders, for forex traders, for CFD traders.... For all traders :) Have a look at my analsis here, my BUY/CALL signals have all been hit this morning during EURO open.
Currently managing funds for binary only with www.STBinary.com - Happy to chat here/skype/whatever if you want to know more :)
EURUSD - Ride the waves dude"Dude!" That's right, time to get out your FX surfboards. Until later today when US data and the ECB president Mario speaks you can be sure that we are going to be riding the combined waves of Elliot and Fib.
Short term binary CALLS are what in my opinion will work here, but please do keep in mind EVERY single trade is a risk. And this is just MY OPINION.
That being said I expect us to touch up to the lighter green (0.382) Fib level before too long today,
Welcome to the drop - USDJPYSo many of us out there wish to truly capitalise on the huge jumps and troughs out there on all major pairs.
My firm belief is that we are about to continue into unprecedented low field price and that the worst is still yet to come. Dont forget what happens everytime an ECB or FED talking head gets on the screen....Generally the market falls as all they ever promote is more stupid uncertainty or a sheer view as to how thick they truly are concerning quantative measures for economic stabilty growth and future prowess.
Right now for Binary take that USDJPY down for the next 4/5 hours with 15 minute expiration positions.
Check out the other analysis posted up for the safer route via GOLD.
Feedback and ideas welcome! adam@stbinary.com if you want me personally ;)