Join me as I document trading ideas for tomorrow 9/16/2024 and look through our watchlist for trading ideas. This is for educational & documentation purposes. As a part of our accountability challenge we are responsible for tracking our trading ideas daily and reviewing markets to train our eyes to look for our edge. STOCKS, FOREX, & COMMODITIES Watchlist. I...
28th June DXY: bullish, wait for retracement to complete (should stay above 105.90), look for bounce and breakout of 106.12 to climb to 106.40 NZDUSD: Sell 0.6070 SL 20 TP 60 AUDUSD: Do nothing, wait for reaction at key levels USDJPY: Could still head higher, but exhausted for now, look out for possible intervention GBPUSD: Buy 1.2705 SL 25 TP 60 (Counter...
10th May DXY: Consolidating, look to retest 105.50, then trade lower to 105 round number support. NZDUSD: Sell 0.5975 SL 15 TP 40 (Possible double top) AUDUSD: Waiting, looking for a reaction at 0.6660 USDJPY: Test and reject 156 (breakout of bullish channel) Sell 155.80 SL 40 TP 130 GBPUSD: Buy 1.2550 SL 25 TP 55 EURUSD: Sell 1.0790 SL 20 TP...
2nd May DXY: Consolidate along 105.50, Look for price to break 105.50, trade down to 105.30. NZDUSD: Buy 0.5960 SL 20 TP 50 AUDUSD: Buy 0.6590 SL 25 TP 65 USDJPY: Sell 154.80 SL 50 TP 180 GBPUSD: Buy 1.2570 SL 40 TP 80 EURUSD: Watch the resistance level Buy 1.0750 SL 30 TP 70 or Sell 1.0715 SL 30 TP 65 USDCHF: Sell 0.9130 SL 20 TP 75 USDCAD: At the support...
26th April DXY: Consolidate along 105.60, could retest 106, but likely to range between 105.60 and 106 NZDUSD: Sell 0.5945 SL 20 TP 40 AUDUSD: Buy 0.6550 SL 30 TP 60 USDJPY: Watch for 157, could scalp up to 158 Sell Stop in place, in case of intervention GBPUSD: Sell 1.2520 SL 30 TP 90 EURUSD: Buy 1.0760 SL 40 TP 100 (hesitation at 1.0815) USDCHF: Sell...
19th April DXY: Possible retest of 106 support level, bounce to remain within 106 and 106.40 range. (If 106 broken, could trade down to 105.75) NZDUSD: Sell 0.5920 SL 25 TP 55 AUDUSD: Sell 0.6410 SL 20 TP 55 USDJPY: Sell 154.65 SL 20 TP 80 GBPUSD: Buy 1.2440 SL 25 TP 75 Or Sell 1.2470 SL 20 TP 45 EURUSD: Buy 1.0670 SL 20 TP 55 USDCHF: Sell 0.9055 SL 20 TP...
17th April DXY: Consolidate between 106.10 and 106.50. Needs to stay above 106 to remain bullish, above 106.60 could test 107. NZDUSD: Sell 0.5930 SL 30 TP 60 AUDUSD: Sell 0.6430 SL 20 TP 70 (Hesitation at 0.6395) USDJPY: Wait, look for reaction along 155 GBPUSD: Sell 1.2365 SL 30 TP 100 EURUSD: Sell 1.0650 SL 30 TP 90 USDCHF: Range between 0.91 and...
16th April DXY: Consolidate along 106.30 or retrace down to 106.10. Look for bounce to test 106.55 NZDUSD: Sell 0.5910 SL 15 TP 35 AUDUSD: Sell 0.6430 SL 20 TP 70 USDJPY: Sell ORDER 154.55 SL 30 TP 130 (Intervention position) GBPUSD: Look for reaction at 1.2380 if support breaks, Sell 1.2360 SL 30 TP 90 EURUSD: Sell 1.0645 SL 35 TP 105 USDCHF: Buy...
12th April DXY: Continue higher towards 106 resistance. Look for reaction, if reject, likely to rest at 105.80 NZDUSD: Buy 0.5950 SL 20 TP 60 (bounce off support) AUDUSD: Sell 0.6495 SL 20 TP 50 USDJPY: Sell 153.10 SL 20 TP 40 GBPUSD: Sell 1.2490 SL 20 TP 40 EURUSD: Sell 1.0650 SL 20 TP 60 USDCHF: Buy 0.9170 SL 20 TP 55 USDCAD: Buy 1.3730 SL 20 TP 50 ...
11th April DXY: Needs to stay above 105 support area, before testing higher to 105.58 NZDUSD: Sell 0.5980 SL 20 TP 40 AUDUSD: Sell 0.6545 SL 20 TP 60 USDJPY: Buy 153.35 SL 20 TP 45 (watchout for possible intervention) GBPUSD: Consolidate to break 1.25, Sell 1.2490 SL 20 TP 100 (Hesitation at 1.2450) Counter Trend Opportunity EURUSD: Rejection of 1.08,...
9th April DXY: If it breaks bullish trendline & 104 support, could trade down to 103.70 level NZDUSD: Sell 0.6030 SL 25 TO 85 (hesitation at 0.5995) AUDUSD: Buy 0.6630 SL 20 TP 75 USDJPY: Sell 151.70 SL 30 TP 75 GBPUSD: Buy 1.2680 SL 30 TP 75 EURUSD: Buy 1.0885 SL 30 TP 60 USDCHF: Stay out, in between support & resistance USDCAD: Sell 1.3605 SL 30 TP...
April 4th DXY: If breaks support area 104 and bullish trendline, could trade down to 103.70 with support at 103.40 NZDUSD: Buy 0.6060 SL 25 TP 50 AUDUSD: Sell 0.6610 SL 20 TP 50 (rejection of resistance level) USDJPY: Do nothing, Watchout for reaction at 152 GBPUSD: Buy 1.2720 SL 30 TP 80 EURUSD: Sell 1.0885 SL 30 TP 60 USDCHF: Rejection of Resistance,...
April 3rd DXY: Bouncing off 104.70 (61.8), could retest 105.10. Needs to stay above 104.60-104.50 to be bullish NZDUSD: Sell 0.5940 SL 20 TP 70 (Hesitation at 0.59: 40pip) AUDUSD: Sell 0.6505 SL 20 TP 60 (hesitation at 0.6482) USDJPY: Upside potential (brief), look out for correction to downside GBPUSD: Sell 1.2530 SL 20 TP 80 (Hesitation at 1.25)...
March 28th DXY: Approaching resistance 104.50, needs to break to reach 104.75 NZDUSD: Sell 0.5940 SL 20 TP 70 (Hesitation at 0.59) AUDUSD: Sell 0.65 SL 20 TP 55 USDJPY: Sell 151.75 SL 30 TP 65 GBPUSD: Sell 1.2575 SL 20 TP 55 EURUSD: Sell 1.0785 SL 25 TP 60 USDCHF: Buy 0.9113 SL 20 TP 50 USDCAD: Looking for reaction at 1.3620 resistance Gold:...
March 27th DXY: Stay below 104.60 to maintain within the range, could retest 104 round number (38.2%). Some weakness coming back in NZDUSD: Buy 0.6013 SL 15 TP 45 AUDUSD: Test and reject 38.2%, Sell 0.6550 SL 20 TP 40 or Sell 0.65 SL 20 TP 55 USDJPY: Sell 151.45 SL 20 TP 60 GBPUSD: Climb to 1.27, look for reaction at resistance level. EURUSD: Break...
March 26th DXY: Wait for retracement to complete, rebound needs to break above 104.25 to retest 104.50. NZDUSD: Sell 0.6000 SL 20 TP 45 AUDUSD: Sell 0.65 SL 20 TP 55 (possible head and shoulder pattern) USDJPY: Position for intervention, Sell 150.35 SL 30 TP 115 GBPUSD: Test and reject of resistance, Sell 1.2685 SL 30 TP 100 EURUSD: Buy 1.0880 SL 20 TP 60...
March 21st DXY: Consolidate along 103.25 (61.8%), could test 103 support, depending on BOE, could rebound to 103.60. NZDUSD: Sell 0.6095 SL 20 TP 45 AUDUSD: Buy 0.6660 SL 20 TP 60 USDJPY: Sell 150.40 SL 50 TP 160 GBPUSD: Sell 1.2780 SL 25 TP 70 (Dovish BoE) EURUSD: Sell 1.0920 SL 25 TP 80 USDCHF: Do nothing for now USDCAD: Buy 1.3480 SL 20 TP 60 Gold:...
March 8th Non Farm Employment Change Scenarios DXY: Look for reaction at 103 resistance level. Strong NFP (>250k) : DXY break through and climb to 103.70 Weak NFP (<140k): DXY reject and drop to 201.10 NZDUSD: Sell 0.6155 SL 30 TP 80 (DXY strength) AUDUSD: Buy 0.6655 SL 25 TP 70 (DXY weakness) USDJPY: Sell 147.50 SL 40 TP 145 (DXY weakness) GBPUSD: Sell...