Get started

Fxsignals

EUR/NZD Signal UpdateSeeing no reason to take any profit off of the table with the trade. The pin bar (2nd previous candle) was the ideal exit, however I assume those in the U.S. we're asleep. The previous candle printed a perfect hammer candle stick, the opposite to the inverted hammer the candle before. This can be helpful with the assumption that these candle patterns will continue to be useless on the 1 time frame. Currently floating +89 pips with 100% of our position open. If the 1-hr descending trendline is broken I will consider taking some profit at that point. EN Signal Update Grossing +120 pips through the London session, this has been an absolute perfect trade with 0 drawdown. Currenting trading +80.5 pips.
Short
by UnknownUnicorn3442968
1
EURO Short SignalNew Signal EUR/USD Sell, Short Entry: 1.0999 Stop-loss: 1.10250 (-26 pips) Target: Open This is a risky trade. Short interest is up 32% today alone for Euro sell positions. I feel from backtesting that 1.1 is a strong enough price for supply to suppress volume, making the overall bias as bearish. We're joined by a lot of other retail traders in taking this trade, which can result in being targeted for stop-hunting. If we are stopped out, re-entrys are planned.
Short
by UnknownUnicorn3442968
1
AUDUSD Retains Its Broader Downside Bias AUDUSD threatens further downside pressure as it sold off on Tuesday. On the downside, support lies at the 1.6650 level. A cut through here will turn focus to the 0.6600 level and then the 0.6550 level where a violation will set the stage for a retarget of the 0.6500 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance lies at the 0.6750 level where a breach will aim at the 0.6800 level. Below here will open the door for a run at the 0.6850 level and then the 0.6900 level. On the whole, AUDUSD faces further downside threats medium term.
Short
by FXTechstrategy
EURCHF - Selling strength this morning.DAY TRADE - EXPIRES AT 9PM Trade Idea Broken out of the triangle formation to the downside. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. We look for a re-test of the upward trending resistance. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.1105, resulting in improved risk/reward. The conflicting views have resulted in the immediate outlook being hard to interpret. We look to Sell at 1.1105 Stop: 1.1125 Target 1: 1.1055 Target 2: 1.1020
Short
by Signal_Centre
2
EURJPYAfter the shorts taking last week, I am looking looking for more entries with good risk to reward ratios that can then allow us to maximize on this pair. Scenario 1: Bulls gain a bit of steam and allow for a pullback all the way to the resistance marked in yellow/orange (126.153 region). Once we reach this level, I will have a sell stop placed below the bearish candle that forms around the level with my stop loss above the level and finally my tp extended to the last support (123.869) drawn in on the chart. Scenario 2: If this fails (very possible as we do have news coming from the BoJ that could swing the yen in either direction) market will close above my yellow resistance and possibly begin moving up. In this scenario, I will sit on my hands and update my chart as the candles continue to form
Short
by billionare_mo
GBPUSD SHORTClear breakout of the triangle pattern presented to us by the market. before going too heavy on shorts, I am still expecting some pullbacks to occur. Another thing I am watching out for that could lead to potential USD weakness is the fact that the GDP data which is being released on friday might be dovish and cause a slowdown for the dollar. Nothing much is happening with brexit besides the fact that we are actually getting nowhere really with the discussions. This (I believe) is also starting to have a bearish effect on the pound as the hype is clearing up.
Short
by billionare_mo