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AUDJPY DAILY 10/20/19 AUDJPY Short Idea Price action has been primarily bearish on higher time-frames and we will continue to look for potential short entries Current price action is at key daily resistance around 74.500 as well as the daily 61.8% fib level Ideally we would like to see a strong bearish signal at this level before targeting lower. A bearish engulfing or evening start would be prime confirmation and would solidify a daily double top pattern Look to target toward the weekly support around 70.00 as well as the -27.2% & -61.8% fibb level
Short
by ForexLeague
Buy Limit CAD/NZD @ 1.1870Buy Limit CAD/NZD @ 1.1870 SL - 1.1800 (-70 pips) TP1 - 1.2040 (+170 pips] TP2 - 1.2100 (+230 pips) Fundamental Analysis i. 10.15.2019 COT Reports show ~67,000 orders from non-commercial entities (Banks) Longing the CAD and ~56,500 orders shorting the NZD. ii. 2Y Canadian Bonds show a Bearish trend. iii. If the price of the 2y Bond goes down, the Yield goes up. If Yield goes up, the price goes up. Technical Analysis iv. Daily chart shows Support @ 1.1855 and Resistance @ 1.2050. v. To play it safe and get a cheaper price; 4H chart shows a good level of entry just above the 1.1855 Support between 1.1860 and 1.1880, hence the buy limit @ 1.1870. vi. Fibonacci Retracements from the swing low to the swing high show the 1.1855 Support right in between the 0.236 and 0.382 levels. vii. SL placed @ the 0.382 level (1.1800). *Thought about placing SL at the 0.05 level of 1.1695 but due to the quality of information from the COT reports i didn't see a necessity for it. Hopefully I'm right. *fingers-crossed* viii. TP1 placed 10 pips below the 1.2050 Resistance (1.2040). ix. TP2 placed 10 pips below what looked like another resistance just below the 1.2128 swing high.
Long
by aromanFX
EUR/JPY Are 4 resistances enough?The currency pair EURJPY is in downtrend form many days, the reason is partly because of the drop in the EUR and a rise in JPY. Now we see 4 resistance from downtrend, horizontal level, fibo and so on. But also there is forming a new trend in the border of old one! We see a bottom around 116.00, after that the price forming a top around 119,70, The next bottom is higher from previous, and the next top too. This is first indication when the new trend is forming! Who will win?
by ForexTrendline
AUDJPY LONGI like this set up for multiple reasons. My confluences are : Bearish structure has been broken 62% on Monthly fib 70% on weekly fib Red box = Mitigation zone on smaller time frame. Discounted price for a buy Accumulation Above price currently there are more areas of liquidity and imbalance to feel which grows my confidence in believing this to be a high probable trade set up. This is a trade i have been holding now since 9th October and intend on holding this taking partials along the way. Really like this set up so so lets see what happens! For my educational ideas and market outlooks please click the link in my bio and get free access.
Long
by LitCap-Vell
1
GBPAUD 4hour 10/14/19GBPAUD Long Idea Price action has been bullish since mid July so we will stick with the trend until we see Higher Lows being broken on the larger time-frame trends Current price action has swiftly broken through key resistance last week due to positive gbp news so we will look to enter on a retest of that resistance now turned support which will also line up with the 38.2% 4hour fib level Our target will be the monthly resistance around 1.87250 followed by our target at the -27% fib level around 1.885
Long
by ForexLeague
NZDCAD DAILY 10/13/19NZDCAD Short Idea Price action on the daily and weekly time-frames have been majorly bullish but have yet to form structure after this extended push to the downside According to our rules we would like to see price action come up to the 38.2% fib level at least before continuing. Ideally a push to our weekly resistance and 38.2% around 0.85000 would be indication to short after a confirmed rejection from this level. We will look to target the -27% daily fib and weekly support around 0.8650 & 0.80250
Short
by ForexLeague
EURUSD~THE BIGGER PICTURELike I Will Always Say... Looking At The Bigger Picture Is Key..!!! For All Those Following My Projections Since This Month Started...You Can All See How EURUSD Rolled Out Smoothly As Projected... Now The Question Is Will Go As For As Hit Our Support Below @ 1.09260.? If We Have A Pullback...It Should Run Up To 1.10769 Resistance Before Dropping Back Down... LOOKING AT THE BIGGER PICTURE..:) The Answer Is Yes...But Might Take Some Time To Get There But Eventually It Will..!!! See All Projected Areas Has Been Reach... No Need To Rush Or Chase The Market... Always Allow The Market To Come To You..:) More Update To Come..!!!
Short
by JTFX
EURCHF Managment SELL to long term target 1.0650The Eurozone has been struggling pretty much all summer as a basket for trading and has given plenty of of opportunities to SELL its weakness. This is the 3rd ABCD swing that it has made and from there it created a upward channel. The idea was to SELL once it broke and retested the support or to sell it at a high price at the resistance. At this point the market has broken the channel so to manage the trade on the daily there is a Mid term target at 1.0770 that is about 50 pips away I expect if the market to move to this target and retrace again and give people another opportunity to sell it again to the long term target of 1.0650 which is a monthly pivot. So keep your eyes out for a high price on the 2hr chart to sell if there is another opportunity.
Short
by CarterKyleCapital
USDCHF SELL to .9620The USDCHF has broken an ascending triangle and has been bearish since then, early on Sunday the market gapped down and with the G7 talks the price ended up bouncing to the upside taking causing me to take profit. Since then there has been a triangle that has formed on the 2hr and 15 min and the Stoch has hit the .618 retracement on each chart. The Market is oversold on the daily giving us an opportunity to Sell down to the Daily D at the .9620 look for a break and retest of the triangle to get in. With the stop above the 15 min A at .9880 whuch is a 1:2 risk reward. This like many other trades were discussed on #PLANYOURTRADETV which I host live on YouTube at 4pm EST on Sunday's here is the link bit.ly/carterkylecapyoutube Hit the like button and Click on the Subscribe Button for more forex analysis, last week alone my clients made over 900 pips and I would like to invite you to join the community
Short
by CarterKyleCapital
USDCAD - Down We Go! Looking at the higher time frames, price has failed to break resistance at 1.3340 and the 78.6% Fibonacci level and we can see price was becoming increasingly squeezed waiting for the breakout. We saw price had in fact closed below the 4 Hour 50ema on several occasions before driving back into the resistance zone (creating a quadruple top!) so patience’s has been key with this pair..... The safest way to approach this trade was always waiting for that solid close below the CTL with entry's taken upon some form of a retest. We now have the confirmation we have been waiting for and now we look for an area of execution. We can see price has been stopped by the Daily 50ema and seems to have stalled. I will be looking for price to retest previous market structure and tap the 38.2 (reliable after a high momentum move) which would also align with the 4 hour 50ema, so more than enough confluences. Keep an eye on price action around this level - if we see multiple wick rejections (to the upside) or any bearish signals, in particular on the 15 min and 1 hour time frame this is our confirmation that the bears are waiting. Stops can be protected above this area of multiple confluences with downside targets of 1.3100 & 1.3000 presenting us with a decent Risk/Reward short trade. Instagram: @TheTravelTrader (www.instagram.com) Twitter: @fx_ollie (twitter.com)
Short
by thetraveltrader
Forex Education: Stop Repeating Trading MistakesLet's relate our mistakes to Forex education. First things first, it's common sense that mistakes can turn into a positive learning experience. And also, they can help develop our skills while performing a task given to us. But in reality, it appears that learning from errors is hard to achieve because traders do not usually learn from their mistakes. Instead, they just keep on repeating them all over again. Now, for instance, a trader is starting to lose at the day trade, and the trader decided to widen stop loss. However, the trader knows that the decision made was a mistake. But still, the trader continues out of panic and results in doubling the risk. Nevertheless, the trader will go on and will adjust. After that, the trader might add more funds to sustain it longer in the later stage. In the initial journey on the trading industry, this type of dilemma happens frequently. And many traders get trapped in this situation. If a trader can't properly handle emotional stress, and clueless on managing a critical moment, this might result in committing the same mistakes and wrong decisions. The problem is, making mistakes does not happen once. But why do traders keep on repeating them? The answer is simple, and it's the way brain responses to errors. Brain's Responses Furthermore, in Forex Education, one type of response mind does is when making a mistake, in trading or not, is the wake-up call. In here, the problem-solving skills are awakened. Usually, it will process every single detail on what happened and the factors that caused the unwanted situation. Also, in connection to that, there is a phenomenon called post-error slowing. In here, attention sharpens, resulting in a long time to come up with the next step or a solution. Another possible response is the complete opposite of the first one. The brain shuts down completely because it perceives the error as a threat. And to prevent the discomfort feeling the mistake gives, the mind creates its own escape strategy. Usually, this happens to traders who focus more on positive feedback. Now, if you think a brain responded this way, try to rationalize, justify, or selectively omit information that shows something is wrong by attributing the result to external factors. Record Sheet The last topic of this Forex Education is all about noting every mistake. Start by creating a trading error record sheet. Then, make this as a part of a trading journal and jot down every unfortunate event the occurred. But always remember that dwelling in the previous mistakes will never improve a person as a trader. Instead, practicing on how to nurture a higher awareness of inner workings and precise planning is where the improvement starts. Learn everything about the trading market with ProfitStar Forex Trading Online Education. Join us and be a part of our pro-trader team!
Education
by Profit_star
AUDUSD SELL TO .6560 8/18 CTL Break SELL to .6817 Stop Above .6870 Target .6560 As long as the market stays below the resistance at .6817 this will be a solid risk reward position the sell. As discussed on #PLANYOURTRADETV If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital
GBPUSD SELL to 1.18300 8/18 looking for a PEP sell targeting the 1.18300 support low with the stop above the 1.2250 area at 1.2550 I would like for the Bulls to test the 1.2180 area again for a high price. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly and join me on Sunday's 4pm EST as I breakdown the market live streaming on Youtube and Facebook live Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital
CADCHF SELL Consolidation to .7400-.7380Previously, I made a post on consolidation options for this pair saying that if the BULLS broke the CTL that the CAD would be moving up to consolidation high's around .7620 it has made it up to that point and has broke a CTL bearish on the daily so I am looking for a 2hr high price to sell down to the .7400 area to .7380 consolidation lows. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital
EURUSD SELL TO 1.0975 GOAL 50 LIKES & 5 SUBSThis is a pair that I discussed on #planyourtradetv on Youtube that you can view on Sunday's at 4pm here is a link from that live stream so you can get the full analysis here at youtu.be if you like the analysis subscribe and drop a like. To break it down: The EURUSD is on a downtrend in the monthly It recently broke a head and shoulders pattern to the downside and hit a daily D at 1.10850 and retraced all last week right now it is flirting with the neckline of the pattern around the 1.1200 area the only things that it has going good for it is the 200 EMA has started to look like support, however, with the large wicks made to the upside there is cause to think that this will be short lived. With that being said I am looking to sell based off the rejection of the neckline and the 1.12000 area retest targeting 1.0975 (Correction: Retraced to the .86 Fib) with my stop at 1.1300 4 Star Trade FOREXCOM:EURUSD If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital
EURNZD Update EURNZD has given a second chance to get into this position on the daily previously the market retraced to the .500 level which long term take profit level at 1.5900 at this point today that is 1200 pips away. The origninal stop os 1.7350 which 50 pips above a major monthly and weekly resistance that is 200 pips away. The risk reward ratio on this movement to me is too good to pass up with it being a 1:6 risk to reward ratio this movement will not happen overnight so equity management and patience is a must on the swing of this pair however this has a chance to generate a huge profit if you are willing to wait on the movement. If you are not in our signals group and are interested in joining like this idea and follow this page and I will send you an invite. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital
The correct way to start tradingWhatever you do start, you must start in an appropriate way: the start can affect both success and failure. The world of financial markets can be confusing to understand, especially for a beginner. And that’s why trading education is an important first step before entering the trading industry. That is why LabRich is here now to provide everyone with the essential skills to begin trading in the industry of the market today. As a trader, it will be best to invest in learning and educating oneself before entering the market. The best advice is to test every new strategy in advance to know your weaknesses beforehand. And always remember that knowledge is power: more you know as a trader, the more successful you are. The attitude towards a trading education syllabus can be different, but when beginners hire a mentor or seek for information on the web, the focus is on what they WANT to know rather on what they NEED to. Instead of that method, LabRich is focused on the following: 1. Basics, History, and Fundamentals – this is the key to understand trading. Discovering the historical events which shaped the world into a better understanding of trading, and what drives volatility. Before moving to the future every beginner trader must acknowledge past – it is always better to learn on others' mistakes; 2. Risk Management - an adequately managed capital and client portfolio can prevent putting the trader in the downside and helps maximize potential profit. Managing risks and diversifying a portfolio is vital for every business, not only for traders; 3. Technical Analysis – is key to successful daily trade. The trader must become proficient at analyzing charts and economic statistics to further polish portfolio management; 4. Strategy – macro and microeconomic events shape and create an impact on the financial market every day, and each trader needs to learn them. Economic specialists at LabRich can provide traders with a greater understanding in the world of global business news; 5. Longer-Term Views and Leverage – risk management is one of the most important things to learn over a longer time frame. Traders need to develop ideas across the time curve to diminish hedging strategies. For example, studying its introduction, uses, options, and derivatives; 6. Values – are last but not the least. More ever: values are the most essential thing to learn. LabRich will show you the core values and requirements enabling you to become a successful trader, such as patience, attention to details, time management, focus, and more. Along with beginner courses, LabRich has intermediate and expert traders' courses, because in trading there is always room for development and constant learning.
NASDAQ:AAPLEducation
by labrich
USDCAD Sell to 1.3000Notes Provided in Video If you are not in our signals group and are interested in joining like this idea and follow this page and I will send you an invite. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital
AUDCAD SELL If you were apart of my signal group you would have receive this AUDCAD setup towards .8950 as a SELL last week on our target's list. with that being said BEARS has scored 2 points on the 2hr chart and has broke the pivot level completely at .9115. With the StochRSI moving to the BUY zone selling right now would not be a good idea. Therefore, I would be waiting for a high price on the daily to SELL again to the long term target at .8950 with the STOP above the .9115 level. If you are not in our signals group and are interested in joining like this idea and follow this page and I will send you an invite. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Short
by CarterKyleCapital