EURJPY extended Down - trending - Short target within sightA beautiful extended downtrend here with a large room too profit over the relatively short term 1-3 months.
Simply waiting for my target entry zone to become available. Should I stay positive about entering I will.
GL if you do the same or something else. Feedback always good, good banter even better ;)
Howtotrade
SEX Set-up *Sorry I meant SPX500 ;)It is about time us Bears got together and smashed this cheeky bugger off the worlds top spot.
As you can see here we have combined waves of tightening wedge formation on the chart.
We also have some strong fundamental key events to help drive emotions and stretch budgets.
The cloud of short interest is growing and if we slam hard come NFP we will be able to see a phenomenal short-medium term drop off and correction in price.
Tell the FED to pack some Vaseline
Down under getting further down under AUDUSD THE analysisLong term outlook very bleak for the once relatively strong AUD.
It's been a tough two years on the Australian currency. With a very wobbly gold price dictating the nerves and a phenomenally crucial period of USD relative strength the AUD is suffering without a doubt.
Using a simple fib based regression trend analysis along with a modified pitchfork that ties into the fib I predict a lowering of price here over the course of the next few days and weeks.
Entry can be taken now but ideally I would suggest let it pop up just a bit further before taking it on for SHORT positions.
As for leverage, margin, size and duration I leave that all to you my trading buddy :)
Best of luck and stay safe. It's a dangerous place to be falling without a parachute ;)
#winningtrades #thatswhatwedo #changeyourlife
USDJPY Get down you dirty dog! #bitchbetterhavemymoneySo USDJPY has been grinding down the price levels for some time now, here is a simple profitable set up for a further short scenario.
Take a Short from here and hold. 101 is my personal target profit take and I suggest if you follow that you do the same. My stop is set at 106.600
Time duration of the trade I would expect to be no longer than two weeks at most. Good luck if you take it on. Let me know with some feedback and banter.
GBP/USD time to BUY!Every time we see a new Brexit poll or a EUR based calendar event GBP/USD is taking a bashing. HOWEVER, the overall trend for GBP is pointing skyward and we truly believe this asset is massively oversold.
Buy now, hold LONG and feel the profit! We are predicting over 250 pips of positive movement over the next week or so!
Come and check out our trading team on www.STBinary.com today.
GBPUSD: A Trend Continuation & Countertrend Idea (Video)Just a quick follow up from the trade I shared with you guys in last night's video looking at a trend continuation opportunity on GBPUSD. As the market established a double top overnight, counter trend traders will also have an opportunity to involve themselves in a 2618 trade as well.
Make sure you check out yesterday's video for an explanation of the TCT trade
"Statistics on Why Most Traders Fail" www.youtube.com
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com
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