Get started

PAIR

Possible GBP/CAD Short PositionSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 Day Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will be rejected at @1.7024 level and move towards the first Target 1 level @ 1.691 level. FX:GBPCAD Trade Management Entered @ Still waiting for confirmation. Stop Loss @ Still waiting for confirmation. Target 1 @1.691 level. Risk/Reward @ 2:1 Happy trading. Will let you know closer to the time if or when executed:) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
The pair has not recovered from lossesOn the chart we see an increase in the reserve currency, and after the opening of the trading on Monday with the GAP, the pair could not win back its positions. For the moment, the pair has found support level at 1.2850 mark and has pushed against it. We believe that the upward movement occurs within the framework of correction. Therefore, we advise you to look for points for entering short positions and to set TP at the marks of 1.2850 and 1.2810
Short
by SuperForex
Short sell USD/JPY by Ben WrightSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Possibility shorting selling USD/JPY FX:USDJPY weekly Prediction Chart time frame - H4 Timeframe - 1-2 weeks Actions on - A – Activating Event USD will see another bull run this week. B – Beliefs Market will be rejected at @114.5 level and move south towards the 113.5 level. This will be a resting/consolidation phase before pushing and breaking the @114.5 level. Trade Management Entered @ Still waiting for confirmation Stop Loss @ Target @ Risk/Reward @ Happy Trading :)
Short
by SMPTrader
Pair is in correctionAt the moment we are seeing a correction on the chart after a sharp fall. Our technical indicators are still in the negative zone and indicate a sale. Now the pair is in the range of 1.2690-1.2790, we believe that the downward movement will continue and the pair will again test the 1.2690 mark. Therefore, we advise you to look for points to enter short positions and consider the above mark as a target. It is also necessary to take into account that the pair can continue the correctional movement to the upper boundary of the specified channel and therefore it is worth waiting for confirmation from the technical indicators.
Short
by SuperForex
AUD USD - Ready to go up?AUD USD: During last week we have seen this pair formed a bottom around 0.70500 , from here the bulls are trying to go over. There is a minor resistance around 0.71200 zone that keeping the price low. If a breakout during the next hours should occur we may see the price reach the 0.72000 psychological level. I'm not talking about trend reversal , that's still early in my opinion. But it might be a good occasion to try again to break the descending trendline we can see in the daily timeframe. It would be right attempt to break the trendline? Or just another bounce with new lows?
Long
by maro9392
Indicators point to a sellAt the moment, we are seeing that the pair found the support level at the mark of 1.1450 and adjusted to the level of 1.1510, after which it went down again. Yesterday, the US dollar slipped sharply during the American session. We saw a correction in almost all pairs linked to the dollar. Now we can say that the downward movement will continue. It is possible that the pair will go to annual lows and the mark of 1.1450 will soon be overcome. Therefore, we advise you to look for points to enter short positions and set take profits at previous support levels.
Short
by SuperForex
The pair is fixedWe see that the pair easily overcame the resistance level of 1.1720 and the new one is near the 1.1790 mark. Against the background of the weakening of the reserve currency, this pair demonstrates the upward movement and we believe that it will continue. The Stochastic is currently in the overbought zone and for now feels comfortable there. Despite the average pressure on the MACD histogram, the overall trend points to a pair growth. Therefore, we advise you to look for points to enter long positions and consider the target levels of 1.18, 1.1840 and 1.19. But consider the possibility of correction of the pair to the levels of 1.1750 and 1.1720, which should be based on entering the market.
Long
by SuperForex
We trade on the levelsAt the moment, our pair is pointing up and the technical indicators point to the purchase. On the chart, we observe that the pair either makes an overstated shoulder in the case of the Head and Shoulders pattern, or forms a new vertex. Considering a number of factors and macroeconomic indicators, we believe that the pair will continue the upward movement. Therefore, we recommend to set long positions with a probability of turning of the price. Set Take Profits near the previous resistance levels and at the top of the current figure at the level of 1.1715
Long
by SuperForex
Potential Trade Idea: Long Heating Oil/Short NatGasRecently our Unum Trading Desk analyst, Lester Davids identified a potential pairs trade on Heating Oil and Nat Gas. "I am bullish on NatGas with a medium term view. We recently saw a break of the downward trend with an inverse head and shoulder developing. In the short term though, we could see a pullback following the breakout. On that basis, one could be short NG and Long Heating Oil." We decided to wait for a better entry level on the medium term trade, rather than playing the ultra-short term reversal. It is now approaching our entry point. On the NG chart: "NG is approaching incline support around the $2.77 level. We also have horizontal support near $2.74. Potential buy/long opportunity. Keep on the watchlist for possible entry." For the pair we want to LONG NG and SHORT Heating Oil. If you want more details on the trade email tradingdesk@unum.co.za
NYMEX:NG1!
by MarkWeetman
We are waiting for a turnThe pair found a local resistance level at 1.2930 and so far has not overcome this level. Now it looks like the head and shoulders pattern is formed and at the moment the price is on the top of the second shoulder. Therefore, we advise you to look for points for entering short positions and to consider your goals at the level of the neck - 1.2860. We assume that in the future, the full development of the figure will follow with the level of 1.27. In case of overcoming the mark of 1.2930, the pair will climb to the upper boundary around the mark of 1.3040
Short
by SuperForex
Let's update the lows!As we assumed earlier, the price reached the level of 6.100 and moved away from this level. But for how long? As we see that the increase range of the price is limited and does not have a strong momentum. Thus we have drawn another intermediate level of resistance. We expect that the price will continue its downward movement, to update the annual minimum. The current rebound is a short-term one, therefore we have to take short positions and focus on the levels of 5.800 and 5.600
BITFINEX:BTCUSDShort
by SuperForex
1