My plan SHORT for AUDJPT and LONG for JPYUSDI saw A strong DownTrend structure on OANDA:AUDJPY
I saw A Break Sell follow trend on M15 chart of AUDJPY
Also I Saw a strong Break buy follow trend on M15 chart of PEPPERSTONE:JPYX JPYUSD currency index.
So I make a plan SHORT for AUDJPY and also a plan LONG for JAPAN YEN
Target with RR= 3
Plantrade
My plan keep SELLING GBPUSD all timeframe*Notice: It is Xmas and New Year holiday so that the Market is very slow and low volume. (reduce volume on your trading position)
About this Plan for OANDA:GBPUSD today:
- I saw a strong downtrend structure on almost timeframe of GU : D1 - H4 -H1
- I saw Confirmed downtrend signal on H1 and also H2 timeframe
So I make this plan for SHORT GBPUSD today:
Entry Zone: 1.25200 - 1.25300
Stoploss: 1.25700 (=1R)
Target Expected:
target 1: 1.24500
target 2: 1.23500 (RR= 4.1)
An other plan SHORT more for BTCUSD on H1 TF - continue FL break*Notice: It is Xmas and NewYear holiday so that the Market is very slow and low volume. ( reduce volume on your trading position )
About this Plan today:
I saw a downtrend structure clearly on H1 timeframe
I saw a confirmation Downtrend on Time Frame H1 (60)
I saw a Break Sell - continue FollowTrend signal
==> Let's make a Plan for SHORT SELL BTC today
Entry zone: 97500 - 98100
Stoploss: 99800 (and then trailing stoploss follow the SL-line)
*These are expected targets.
Target 1: 92000
Target 2: 86000
Target 3: 82000
GBPNZD Short 3 : 1 Win vs RiskHello all
I have shorted the GBP with NZD, based on USD weakening and NZDUSD becoming a long position, alongside AUD also getting stronger.
I expect XXX NZD, XXX AUD pairs to start to fall as per my EURZND trade ideas last week along with NZD XXX and AUD pairs starting to retrace in the short term.
I am looking for a 3 : 1 trade on this pair and dependent on price action when it hits support, I will review if i then trade it long again or follow it further lower .
As on the Monthly, is a loveypin bar for Oct 2018 - showing where price will ultimately go after a 50% to 61.8% retrace of that candle
Thanks for looking
Duncan
Duncanforex.com coming soon.