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Buyingopportunity

AUDUSD Bullish CypherHey Traders, Hope all is well, Not much on the radar this morning, Just have this cypher on AUDUSD and then I also took a short structure trade on EURGBP. The market has been putting in some violent swings so make sure that you are adjusting properly for that. ME personally I like using something dynamic for my stops like fibonacci extensions, ATR's pivot points etc.. That way you are still using an objective way of looking at the market but at the same time taking into consideration the increase in volatility. As you know, stops below X (the starting point all the way to the left bottom) targets at the 38.2 and 61.8 of the CD completion. Like always if you have any questions, feel free to comment below !
Long
by TheAlcoveFx
Bitcoin Buy OpportunityNow that Bitcoin has had what some believe to be a long overdue correction from the summer's rally, I'm back to looking for long opportunities. The price fell sharply on news that Bitfinex, one of the top exchanges, had been compromised, however, buyers were quick to come in and buy up coins below $500. Between the buying interest demonstrated near the current prices and the anticipated supply crunch from the recently halved inflation rate, this looks to be a good time to start buying again. I suspect prices will dip once again to test the support here, so scattering bids below current prices with a stop beyond the previous low is a good way to build a position. Other news to watch out for is the ongoing block size debate, but barring something catastrophic happening to the network I don't see foresee anything that should affect prices negatively too much.
OKCOIN:BTCUSDIDXLong
by Haus_
1
GBPAUD: Buying Opportunity (H1)Hi Trader, Thanks for checking out this trade idea. I appreciate the thumbs up! Here we have a valid 2618 trade setup on the Pound/Aussie. See chart for entry and exit points. As I have noted on the chart this is a double bottom, I am therefore looking for a pullback to the 61.8% for a buying opportunity. I trade the 2618 aggressively, as such my orders are already placed. Remember, trade your plan, and if you don't have one, fix that today :). Wishing you good trading, Luke
Long
by Beebags