As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=146.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148. TP4: R2=148.4. Set the stoploss of these orders at breakout of S2=146.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=145.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.95. TP4: R2=146.4. Set the stoploss of these orders at breakout of S2=144.8. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=144.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.05. TP4: R2=145.35. Set the stoploss of these orders at breakout of S2=143.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.2. TP4: R2=144.15. Set the stoploss of these orders at breakout of S2=141.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.2. TP4: R2=144.15. Set the stoploss of these orders at breakout of S2=141.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=141.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=142.85. TP4: R2=143.45. Set the stoploss of these orders at breakout of S2=141.5. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.45. TP4: R2=144.2. Set the stoploss of these orders at breakout of S2=141.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
The gbpyen has been consolidating for 3 weeks between 146.90 and 149.80 for 3 weeks. At the moment, this looks like an upmove consolidation of 360 pips so is this an upmove pop with a possible target of 153.40 and 156 in the making? Guess this is why it is called the "BEAST". Definitely not for the fainthearted. ahhaha But directionally, this is Revelation...
this is what I see the pound yen on a smaller scale could be doing lets see this week how it plays out
Hi everyone this is what I see at the moment : I see pound yen in a long movement upward to either tp1: 153.70 or up a touch more to 154.20 marker is where I would sell off if we lower lows form as we are still in a weekly downtrend. overall pretty clear and simple , I would either wait till it goes up a bit then chops back to the median brown line and try an...
we are in decision mode at the moment we can either long or short uncertain where this market will go : the market will decide with a higher high or lower low Happy trading everyone
Using EMA 10 & 20 and RSI on 50 it shows clear signals for uptrend. Going long on this one :) Disclaimer: Forex newbie and on the learning uptrend. Comments welcome please.
FX:GBPJPY has made a HH and HL. I will be looking for a long this coming trading week.