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Nakedforex

EURUSD is now on a bullish market ?Hi guys, Let's see the BITSTAMP:EURUSD on the H4 timeframe. We can see that the Currency is making Higher high and higher low right now. It's look like a beginning of a bull market. However, the 200 EMA still pushing down the price, so be carrefull when the price will contact it in few days/weeks. All we have to do is to buy support and follow the trend . At the moment, my toughts is that the price is on the middle of the canal. i prefer wait for a best opportunty, as exemple : if the price break the next red line with a retest will be a very nice opportunity to enter with a long position. Hope you enjoy my analyss, Always tryin to be simple. What's your toughts about this pair ? Don't hesite to comment or like my post, if you want other simple and efficient analyses, fell free to subscribe. :)
by The_Shiney_Bull
EURUSD, is it time to buy ?Hi guys, As you can see, the 200 EMA work very well and success on push down the FX:EURUSD . Moreover, right now, we can see a reversal trend building . We have no confirmation yet but all we need is a signal, that buyers are coming for a long bull market on this pair. (Pull back + Big candle is a really good signal) Buy the support zone at 1,12200 can be a good entry. What's your toughts about EURUSD ? Feel free to like , comment and subscribe to my profile if you want simple graphic analysis. No need indicators for trading, only the price give you the best zone to trade.
by The_Shiney_Bull
1
Short GBPJPY on 4 Hour Break + RetestFX:GBPJPY 4 HOUR Lot Size .05 Entry: 147.662 Stop Loss: 147.943 Target: 146.646 Entered this trade around 7:30am and price has been ranging since. Seems like it waiting for news to come out which is due in around 1 hour and 20 minutes. Undecided about closing position because I have a small lot size and price has never really substaintly broken and closed back above the breakout area. 1 HOUR If you'd like to follow my journey from just a man trying to find his way in the markets to a full time trader then follow me at www.instagram.com
Short
by BE.FX
150+ Pips Available on USDCADThis is a trade idea that follows my previous USDCAD trade posted on February 18th that resulted in 150pips profit. We are now approaching a setup that will be able to do exactly the same! So previously we saw a inverse head and shoulders pattern form on the supporting trendline to this pair's overall bullish trend (I have highlighted this in yellow). This pattern got broken to the upside as expected and moved all the way to the next Daily Key Level. Since then we have seen a reversal back down to retest both the support trendline AND the head and shoulders neckline. This is one of the market points that offers us an opportunity to enter a high probability trade, but the good news is the current market structure offers a couple of opportunities to profit. So this post will mean you are ready for any move USDCAD makes next. Its quite possible that both of these setups will actually run into each other one after the other so we could be looking at a very profitable week! Trade Setup 1 - Long Trade - The first opportunity is that price will continue its slide down towards the point where the neckline from the head and shoulders pattern meets the supporting trendline. Its not possible to know exactly at which point price will hit these levels so the possibilities I can see are that it either hit the perfect point where both lines meet... this would provide significant confluence and a great opportunity to go long. OR price could descend down and hit the neckline first, have a small bounce and then hit the trendline before turning bullish to hit the next market Key Level around 1.33500. Your SL should be below the trendline if you enter this trade and always wait for some candle stick confirmation. Trade Setup 2 - Short Trade - Because over the past few weeks USDCAD has been seeing some crazy moves its actually broken the market Key Level around 1.33500 both to the upside and then to the downside very quickly without offering any retest. This is unusual so its quite possible at this point the market takes a breather and turns up to test the key level first before moving down to test the trendline and neckline mentioned above. Note that we also have the blue descending trendline which could see a wick retest as well if the market Key Level doesn't hold or offer any resistance. Either way at this point I see the most likely option is that the market will then drop around 150 pips to the lower trendline or neckline. SL should be above either the Key Level or the descending Trendline (depending on which one the market decides to retest) and always wait for some candle stick confirmation. Follow this Trade Idea for updates where I will be keeping commentary and providing the points where I see the best entries etc.
by JoelWarby
6