AUD/CHF LONGWe have seen the market find support again at 0.7480. A hammer was form on a 4hr time frame.
PIP
USDJPY ShortMonthly Downtrend
Weekly Downtrend
Hour 4 declining trend-line respect
50% fib
21,SMA 8 EMA cross over
hamonicseeing this going long for some pips and possibly turning around and turning down. long term short
SHORT ON EUR AUDI believe that eur_aud will continue to fall. Price rejected my fib level 38% level and then price started to fall hard. With continuing bearish movement. Also my MA's crossed over to the downside for added confirmation that price will arrive at 1.3250.
VDRM long and strong!Posted about this one a few weeks and am still holding all my shares plus a few more.
This will be 2017's big winner IMO. Low floaters move FAST. The company has revolutionary patents pending as well as great news released last Friday about their new products.
It's extremely undervalued, and I know for a fact strong hands like myself will continue buying up the float.
As I said before, millionaires will be made with this one. Don't get left n the sidelines!
Pip 2 Pip Some say intuition is irrelevant when trading, I believe its the holy grail.
Become in alignment with the market, with an attitude of confidence. Allow flow to guide you in the markets direction & you will be pulled to the exact PIP.
Waiting for a break of this range- NZDUSDWaiting for a bearish break of this range in NZDUSD hourly time frame.
Opportunity for either a sell or buy on the EUR/GBP.Selling/Buying Potential - I have left an alert to asses the quality of the previous resistance line (Dotted line), I want to check if it tests it and gets back on the upside or break on the down side to set an entry.
P.S - Keep an eye if its breaks or tests in either the 0.50% / 0.618% Fibonacci line for a close or to still hold unto the move.
USD/CAD break of bearish FLAG price has broken the channel and we are waiting a pullback before we attempt to short the market and sell. we shall be awaiting a candlestick reversal to occur and we shall be taking profits at the previous support.
EURAUD MONTHLY SUPPORTStrong support resisting any breakthrough.
Double hammer price action confirmation.
Retrace back to 61.8 fibs
Fib Retest set up for AUD/CHF bearish positionDowntrend established due to 2 consecutive cycles.
respect of the 8 ema and therefore under the ema ( to the left)
touch of 27 extended fib so due for retracement and back down to extension 61.8 to fulfil the ABCD pattern
Potential to go even further to the monthly support around 0.70500
4:1 ratio risk reward
EURUSD HOW I WAS RIGHT AND SOMETIMES 1 PIP IS A LOTLOOK AT THE CHART, THAT'S HOW SOMETIMES USING A LIMIT ORDER CAN UPSET :(
AND YOU KNOW WHAT USE TO HAPPEN WITH ME IN SUCH SITUATIONS - YEARS AGO WHEN SOMETHING LIKE THIS WAS HAPPENING, I WAS LOOKING FOR A BETTER APPROACH, GUESS WHAT - I WILL NOT CHANGE ANYTHING NOW, THAT WAS SIMPLY SOMETHING WHAT SOMETIMES HAPPENS.
FOLLOW YOUR RULES - NO MATTER WHAT!!!
PIP (PHARMATHENE INC) - Potential Long. Potential long position of a key fib level that has confluence with existing support levels. Look for either:
1. Positive price movement long to confirm rebound.
2. Further consolidation at the $2.22 level that re-affirmation that the level is holding.
USDJPY SHORT IDEA 1:2 USDJPy has pushed through horizontal level @ 109.68 to now test strong daily trend line currently seeing indecision.
if price can break below 109.85 showing strong continuation... looking to take short a position with stops at previous 8 hour candle high 110.48
1:2 targets
EUR/GBPVery nice long setup here,
- Clear breakout of Daily support turned resistance
- Candlestick pull back showing this level will hold to continue to the upside
- Overall market trend, and a uptrend daily and 4H
- Long term EMA is suggesting that we have alot more upside to come from the previous giving us that added confluence that it's a good Buying position to be taking in this market condition
- broke out from two descending trend lines this also suggest that we could be seeing some more bullish upsides potentially HH's
Good luck as always
DacresFx
AUDUSD short 0.618 pullbackWe just had a pullback to the 0.618 area i would wait for the macd line to cross to get that perfect entry!
Short copper 0.618 pullback in a major downtrendI would short this right away. With a tight stoploss.
Forex Market Analysis and Trading Tips 1st March 2016 - EURCAD!EUR/CAD (hourly)
SUMMARY:
The primary trend of EUR/CAD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4900 and support at the level of 1.4720. If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in itsnegative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
EUR/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Good luck with this pair guys and let me know how you get on!
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