AUD/JPY - Due for a correctionAll yen crossed have been in a parabolic bullish run for almost two months now. Am looking for an exhaustion into resistance around 85.50-86.00 to get short. Primary target levels are 82.50 and 81.00.
Position
USOIL Long / Wedge USOIL Long idea. Wedge to higher prices? We are in an uptrend.
Good luck to everyone and may the profits be in your favor.
A thing of Beauty A beautiful ascending triangle has formed on the Daily AUDUSD chart . With a bulk amount of news being released this week for the both the TVC:DXY and BMFBOVESPA:AUD1! watch for a potential setup this week!
EUR/AUD Long Position 4H Strategy - V.SimpleThis current LONG order is based off my 4H trend following strategy. I use the 40MA as a support barrier and LONG orders can only be made when 40MA is above 120MA.
Trade entered at the end of 4H close (17:00 GMT+1).
SL will be move to entry (£0.00 loss if hit) after 4 x 4H candles (16H) if price is above, otherwise I will take the full loss.
Second SL move will be move to the bottom of a candle that has crossed back below the 40MA.
Profit will be taken if price continues to hit moved SL otherwise the above action will be repeated until SL is hit as shown on previous trade (13/10 10:00 GMT+1)
Please follow for education purpose only, Comments are appreciated and can help develop this strategy
GBPAUD - LONG OPPORTUNITYTHE WAVE CORRECTIVE STRUCTURE IS FINALLY ABOUT TO BREAK. ONCE IT BRAKES PLACE A "BUY LIMIT" ORDER AT THE RESTEST! TELL ME WHAT YOU THINK
USDCADI think that the USDCAD can continu his movement until the monthly resistance at 1.340, we need a daily conformation for the break of the daily resistance.
Nice trade and good luck
GOLDI think that the Gold probably will go until the weekly support at 1250 then maybe to the monthly support at 1200, we can see the break of the trend line from the begging of the year 2016, we need to find a good entry for a short position.
Be careful and good trade :)
AUDUSDNow is time to build LONG position. My idea, One SHORT with TP: 1.029 and on the way down create LONG position. After we hit TP, have good position for LONG-
Long term buy on GBPJPYReasons to buy:
- Departing weekly demand zone
- Down trend line broken
- 2 x stacked 4hr demand zones
- Favourable risk to reward
- Clear path to Daily supply zone
AUDUSD - Trading with the trendDaily timeframe. Rebound from the 3 year down trendline. Waiting for a breakdown of the countertrend line and support. Stop placed above the previous price action high and long term down trendline. Target is the next support level and previous low. With potential further targets at 0.7351 and 0.7179.
S&P DAILY V-PATTERN COMPLETED,PENDING DOWNREASONS TO SHORT:
1.THE BIG DAILY CHART V-PATTERN STARTED FROM LAST DEC. 224% OF XY WHICH IS 2193 HAS ALREADY ACHIEVED. PULLBACK IS EXPECTED.
2.RSI DIVERGENCE APPEARS
ENTRY AREA:
2185-2195
T1: 38.2% 2115
T2: 50% 2091
T3: 61.8% 2069
USOIL - SHORT POSITIONUSOIL broke a strong TRENDLINE and refused to pass a weekly level! so we are heading down 38% and 50% on the monthly fibs
EURUSD SHORT TERM POSITION CALLFOR THOSE WHO ARE NOT IN TRADE YET
SHORT SL. TIME MANAGEMENT AND RISK MANAGEMENT MUST BE APPLIED
Horizontal Horizontal movement this stock looks good for swing and position trades. Or as an option trade straddles and strangles. However one interesting aspect is that the OBV is in a trend upward, precluding an long run trend.
NZDUSD Daily Outlook + TCT+ Bat PatternNZDUSD has been in a downtrend on the Daily chart for a very long time. We may be in the middle of another retracement giving us a great opportunity short into strength. This will be a Huge trade and would require a 350 Pip Stoploss. But the Reward is over 1,200 Pips. This is an excellent opportunity for a Position Trader as it will take months to play out.
I have made a "Kill Zone" using a variety of technical patterns.
1. We have a Bat Pattern completion @ .7565
2. ABCD Pattern (just barely makes into my kill zone) completion @ .7414 along with the 78.6% Fib Retrace
3. 1.618% Ext - Pulled from lows to B leg of Bat Pattern. It has a nice confluence with the Bat Pattern
This will be a HIGH CTS (Combined Technical Score) trade IF market will push back up there.
Best of Luck!
LONG LABUApparently going up. False breakout because of the Brexit, and got back Immediately to the trend-line. Seems like it going according to the plan.
GBP/CHF - Where to now?Possible short opportunity coming up, I predict the £ will see more weakness as we run up to the EU referendum. A break of 1.41 will confirm this short position for me. We have already seen a break of the ascending trendline and support break.
Bulls Not Amused...daily opened quite nasty and not at all bullish any longer. Longs closed and looking for reasonable shorting op somewhere between 2400 and 2500...
Happy Tarding!
USDCHF SHORT 1 HOURuptrend is ending for the hour high are being tested the stochastic is also confirming my decision.
EUR/USD CONNECTION UPDATE 5/25/2016
Due to the fact the price didn't break the upper line in past and went slightly downward so here is the update to the chart a new opportunity for long position another break setup so nothing else i'll update once i see something new...
EUR/USD LONG POSITION TP 420 - 570 pips1) Buy Limit 1.1080 SL 1.0880 TP 1.1500 = 420 pips TP
2) Buy Limit 1.0930 SL 1.0800 TP 1.1500 = 570 pips TP
Ramane de urmarit Strapungerea / Testarea si Confirmarea nivelului 1.1130
Fundamental mai mult politic ar putea influenta miscarea in sens invers dar economic EUR este in crestere!
Cel mai probabil va urma o miscare laterala pe o perioada. Pe la mijloc-sfarsit de MARTIE o sa apara oportunitatea de BIGSHOT pana in nivelul 1.1500
