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Lupacapitalpartners

GBP AUD - swing buyHello traders, So we did not post this yesterday as we left in draft.. However, we have our AUD JPY short in play and GBP AUD in play due to AUD USD struggling - these pairs correlate so we trade two pairs of the three. For context of the move. Swing low - since nov 2019 - COT report shorts aussie shorts are added. JPY longs are added on COT report. GBP has been weak but shows signs of reversals. We saw the downthrust to trap sellers - and we took a buy on the retest 1.8562 - stop loss was 25pips , now risk free - awaiting the retracement to add more longs. Hedge with short when necessary. Note: we will hold this with target profits 1.90, 1.95 respectively . Many thanks, Lupa.
Long
by LupaCapital
XAG USD - Short term sell, long term buyXAG - we have seen a great impulse and made our way up to the supply at 0.786 zone Where on the daily time frame we have a good order block which was a great indicator for a supply. We will await for the price to test the upper supply as previous high had wicks - so a possible manipulation stop hunt move may occurs. We will short as a hedge - due to long positions, but have a good momentum here to make a nice retracement to 16.6 or 15.5-57 zone where a fresh demand awaits. Let us know your thoughts. Keep in monday is a low volume day for many vacations around the world. Thanks, Lupa
FOREXCOM:XAGUSDShort
by LupaCapital
GBP AUD - long term buysprice hit our demand area between 1.82 - 1.80 - we did not catch the initial rejection due to sleeping.. however caught the nice order block We will be looking to buy multiple times here - there could be a possibility of a double bottom. this can also be a correction move to start. so anticipate sells and lock in buys risk free Looking to add up positions here for long term swings. technicals fresh touch of the demand after a long rally down drop base drop scenario on previous touch - strong engulfing candles to the upside, similar pattern here bearish technical - was oversized head and shoulders. Good luck and enjoy the trade. If you like our swing trade work, please leave a like and or comment. Thanks, Lupa
Long
by LupaCapital
NZD JPY Shortlooking for a second entry on NZD JPY - depending on how the the market conditions look. We have a daily indecision candle - so looking for some good movements tomorrow lining up. Fundamental tension in HK will affect the NZD and Aussie at the sametime. So we expect some possible sell - off. from a technical S&D perspective we will look at the fibonacci retrace at 50% or worst case 70.5% retrace. However this is close towards our entries. on a daily level, we hit the supply zone and saw a nice wick rejection just the previous touch . Note: our entry points will change, this is purely guidance as the market is reactive not predictive. Do you like our work? Let us know and follow us on tradingview. Thanks, Lupa Capital Partners
Short
by LupaCapital
GBP AUD Selling in playWe have our sell from Friday - it is important to note the supply is in the purple box showing where the supply block and wicks are located. 1.865 showed us the real volume wicks where the orders were hiding. We sold due to price kissing the true zone of orders and a great indecision candle Lower zone had a great doji which is what we needed to draw the zone. We are risk free and will look for a sell again next week. If you like our work, leave a comment or like. Thanks, Lupa.
Short
by LupaCapital
AUD JPY - waiting game for sellWe have seen a great impulse, correction and awaiting the next impulse to the downside We have our alerts set. Need to wait for the next retest of the supply and then await the downward move. The trade is between 0.618 and 0.705 level. monitoring closely. Aud is strong but JPY is a strong safe haven, where institutions look to be moving towards. Now we wait for the entry as the market turns towards the bears. COT Report: shows 65% Bullish Yen 35, 65% AUD note . Thanks, Lupa
Short
by LupaCapital
1
Nasdaq sellWe have a short position already and closed our longs -75% longs anyway. From a position standpoint, fundamentals play a large part of Nasdaq - despite trump keep pushing the correction to move to a double top at 9355. We see the coronavirus and issues with figures being horribly manipulated with unemployment figures, GDP results coming in to show how bad the outlook will be upto Q4 2020, we are not buying it. From a technical view, we see a great level of retracements in which we took advantage of and sold but it is enough to be risk free currently. if price reverses and created a higher low, this is fine. Price will look to 61.8% daily, weekly or upto double top territory. Let us know our outlook, if you like our work. like an share. Many thanks, Lupa
OANDA:NAS100USDShort
by LupaCapital