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Pulemokhothu

GBPUSD 1.30854 - 0.79 % LONG IDEA * TREND ANALYSIS + CONTINUATIOGood Day Everyone A look at the DOLLAR / POUND on most fronts the market is closing on the dollar recovery this Friday but the pair is still net long on higher time-frames so still looking for longs in the coming week until the charts say otherwise but coming down to the 4H chart the pair is trading in a pennant formation which could be signalling continuation with the bulls on the so looking for longs on the pound in the coming week. let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 1.33155 TP 2 - 1.35210 SL - 1.29612 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
AUDUSD 0.71589 - 0.45 % LONG IDEA * REVERSAL PATTERNS , CONTINUGood Day Everyone A look at the uptrend on the AUDUSD pair in which the DOLLAR showed some signs of strength upon close today but failed to show significant moves that could signal reversal on the trend. the pair is still trading in a uptrend just hit another LH forming a DOUBLE BOTTOM AT support level 0.71369. looking for a continuation of trend with the bulls in the coming week. lets see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES SL - 0.71151 TP 1 - 0.72082 TP 2 - 0.72913 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
EURJPY 124.782 - 0.56 % SHORT IDEA * CONTINUATION PATTERNS Good Day Everyone On the EURO / YEN the pair is currently holding the descending channel structure as the market closes, looking for continuation of the trend on the pair in this coming week. The pair is currently trading in a bearish flag formation when scaling down a little which could signal continuation with the trend should RESISTANCE LEVEL 125.066 HOLD... lets's see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 124.294 TP 2 - 123.459 SL - 125.175 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
GBPJPY 138.437 - 0.97 % SHORT IDEA * MOMENTUM SHIFTS Good Day Everyone A look at the GBPJPY , the pair broke and is currently trading below the previous lower high. Seeing some signs of momentum shift which still needs some more confirmations but momentum shifts nonetheless. looking for a retest of resistance level 139.212 to trigger the trade in the coming week and some more confirmation on the shift of momentum with the bears on the pair... let's see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 138.283 TP 2 - 137.103 SL - 139.451 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
EURUSD 1.17939 - 0.56 % LONG IDEA * CONTINUATIONGood Day Everyone A look at the EURUSD just as with other major currencies we close the pair with the recovery of the DOLLAR on the EURO / DOLLAR as well, if you took this one target 1 was a success but looking forward to more moves with the bulls on the pair in the coming week, we are currently trading at the base of a ascending channel looking for a push up with the bulls so basically looking for continuation of the trend on the pair significant moves with the bears will change the whole trading plan. let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 1.19438 TP 2 - 1.21465 SL - 1.16542 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
USDJPY 105.758 - 0.03 % LONG IDEA * REVERSAL/ CONTINUATI PATTERNGood Day Everyone A look at the USDJPY , the previous short idea on the pair was stopped out seems that momentum is favoring a move with the bulls to the upside on higher time frames the pair is still ranging in a descending triangle currently just rejected at the base of this structure so hoping for a move with the bulls in the coming week. let's how it goes HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 106.220 TP 2 - 106.609 SL - 105.646 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
3
US500 3396.8 + 0.24 % * CONTINUATION + FUNDAMENTALGood Day Everyone' A look at the S&P500 which has been trading in ascending triangle on the 4H chart looking for a break above of structure to trigger the trade looking for continuation of the trend to the upside with the bulls. The S&P 500 and Nasdaq closed at record highs on Friday, as data pointed to some pockets of strength in the U.S. economy. INVEST.COM - report showed U.S. home sales rose at a record pace for a second straight month in July and home prices hit all-time highs. unexpectedly sharp increases in Markit's indexes extend a pattern of choppy U.S. economic data this week - including weekly jobless claims - that paint a picture of a fitful recovery from the COVID-19 recession. "It's not surprising to see a pickup in manufacturing as the economy has started to reopen, even though pockets of the country have pulled back on their reopening," said Lindsey Bell, chief investment strategist at Ally Invest. "It's an encouraging sign and it supports the upside we have seen in the markets." za.investing.com we'll see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 3440.0 TP 2 - 3480.0 SL - 3377.9 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
ULong
by PULEMokhothu
XAUUSD 1940.49 - 0.33% SHORT IDEA * COMPLETION TRENDGood Day Everyone a look at GOLD which hasnt seen much change on higher time frames The move keeps price in consolidation just below the record highs and the risk remains for a deeper setback near-term while below resistance. These are the updated targets and invalidation levels that matter on the gold weekly chart. Coming down to the 4H chart we see the chart rallying down with the bears currently consolidating in a bearish flag which could possibly signal continuation to the downside to confirm the 1234 move confirming that GOLD is in a down trend. looking for continuation of this move. lets see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 1911.43 TP 2 - 1861.30 SL - 1963.88 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
OANDA:XAUUSDShort
by PULEMokhothu
USOIL 42.27 - 1.09 % SHORT IDEA * ASCENDING TRIANGLE STRUCTUREGood Day Everyone a look at the USOIL that just saw a rejection at resistance level 42.51 which has seen many touches looking to the left and currently just broke the 61.8 % Fibonacci on the monthly chart looking for a push down before continuation to the upside. Coming down to the weekly and daily chart the energy is trading in a ascending triangle looking for a break below structure to trigger the trade should we see significant moves to the upside with the bull's or basically a break above of this structure the trading plan changes completely. let's see how it goes HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ***ENTRY** & SL - FOLLOW YOUR RULES TP 1 - 42.22 TP 2 - 41.30 SL - 43.30 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
TVC:USOILShort
by PULEMokhothu
AUDCAD 0.94300 - 0.55 % SHORT IDEA * CONTINUATION IDEAGood Day Everyone A look at the AUDCAD pair looking for a continuation with the bears on the down trend so basically looking for trend continuation with the bears should we see a break of support level 0.94324 the move will trigger the trade with the bears. let's see how it goes HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 0.93859 TP 2 - 0.93461 SL - 0.94928 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
USDCHF 0.91099 + 0.37 % SHORT IDEA * DESCENDING TRI.A STRUCTURE Good Day Everyone Here's an idea on the DOLLAR / SWISS which has been structure bound in a descending triangle respecting structure, the pair was just rejected at the roof of structure as we saw some DOLLAR recoveries upon market close this past week. looking for a continuation of this move to the base of structure/ support. looking for structure to hold on the pair let's see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 0.90397 SL - 0.91611 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
2
NAS100USD 11568.0 + 0.73 % LONG IDEA * TREND CONTINUATIONGood Day Everyone The Nasdaq 100 reached new heights yet again last week as stocks like Tesla , Apple and Amazon continued to build on recent gains. As a key member of the S&P 500 , Nasdaq 100 and Dow Jones, Apple is afforded considerable influence in the performance of the three major US indices and it has been soaring as of late – bolstering the otherwise lackadaisical US equity market. *DAILY FX www.dailyfx.com Looking for continuation of the trend with the bulls as the INDEX is net BULLISH on higher timeframes still pushing to HH. Significant moves with the bears will change the whole trading plan. lets see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 11708.7 TP 2 - 11936.6 SL - 11390.4 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
OANDA:NAS100USDLong
by PULEMokhothu
US30 27912 + 0.59 % LONG IDEA * TREND CONTINUATION Good Day Everyone A look at the US30 INDEX which has been ranging in a descending triangle structure upon market close we saw a break above of the structure. looking for continuation of this move with the bulls to the upside targeting resistance level 29593.1. let's see how it goes.. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 28493 TP 2 - 29000 SL - 27603 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
ULong
by PULEMokhothu
USDZAR 17.13930 - 0.69 % SHORT IDEA * TREND CONTINUATIONGood Day Everyone A look at the DOLLAR / ZAR that has been trading in a descending channel hitting LH, LL looking for a continuation of the trend with the bears on the pair in the coming week looking for a break below support level 17.07766 trading below this level will trigger the trade and we'll be short on the pair. we'll see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 16.95705 TP 2 - 16.71227 SL - 17.34574 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
NZDUSD 0.65580 + 0.36 % LONG IDEA * STRUCTURE & TREND ANALYSISGood Day Everyone Here's my idea on the NZDUSD pair that has been trading in a descending channel hitting HL & LL respecting structure, the pair was just rejected at the base of structure currently rallying up with the bulls respecting the channel looking for a continuation of this move with the bulls. the pair is currently trading in a ascending triangle on the 4H chart looking for a break above of this structure to trigger the trade.. FXSTREETS - Since the OCR drop , NZD/USD failes to correlate to its current interest rates and is operating at -83%. This is day 2 since the drop and NZD/USD as well as all NZD pairs must correlate to its interest rates. This is mandatory as an exchange rate cannot trade correctly in markets without a positive correlation to its interest rates. This means means NZD must adjust. As stated many times, an interest rate change by a central bank takes 5 days to normalize. We're on day 2 and 3 days to go. www.fxstreet.com let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 0.65850 TP 2 - 0.66169 SL - 0.65292 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
NZDJPY 69.297 + 0.18 % SHORT IDEA * CONTINUATION PATTERNS Good Day Everyone Here's on eon the NZDJPY pair the pair has been in a down trend and broke a relatively strong support now resistance pushed up to retest this level which could possibly signal continuation with the bears. a break above the resistance level will change the whole trading plan lets's see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 68.90 TP 2 - 68.57 SL - 96.50 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
DXY 92.90 - 0.32 % SHORT IDEA * CONTINUATION PATTENSGood Day Everyone A look at the DOLLAR INDEX that has been trading in a descending channel looking for a continuation of this move as it has been respecting structure hitting LH & LL holding structure the bears are currently in control of the index looking for a continuation in the trend to complete a gartley formation lets's see how it goes.. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 93.60 TP 2 - 92-00 SL - 93.12 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
TVC:DXYShort
by PULEMokhothu
UK 100 6113.3 + 1.82 % LONG IDEA * MOMENTUM CONTINUATIONGood Day EVERYONE A look at the UK100 index that Rallied up with strong momentum just looking for a continuation of this move with the BULLS. key > RIDING THE TIDE. let's see how it goes HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 6160.8 TP 2 - 6213.8 SL - 6083.2 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
ULong
by PULEMokhothu
8
AUDUSD 0.72385 + 0.35 % LONG IDEA * CONTINUATION PATTERNS Good Day Everyone Here's a look at the AUDUSD pair which has been in a ascending channel hitting HH & HL and the pair just broke the previous swing high or rather HH possibly confirming a continuation of the trend and looking for this move to continue. let's see how it goes GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
2
GBPJPY 139.565 + 0.48 % LONG IDEA * TREND CONTINUATIONGood Day Everyone A look at the POUND YEN pair which has been in a uptrend hitting HH and LH for the past couple of weeks looking for a continuation of this uptrend. looking for significant moves with the bulls to confirm the trend looking for the pair to trade above the swing high and continue to the upside. let's see GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
USDJPY 105.410 - 0.56 % SHORT IDEA * MOMENTUM CONTINUATIONGood Day Everyone A look at the shift in momentum on the DOLLAR / YEN pair which has rallied with the bears pushing down to form a double bottom at support level 105.267, based on the momentum strength to the downside looking for the pair to break this level even if we see a correction before continuation but looking for continuation of this move with the bears targeting level 104.160. let's see how it goes... GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
GBPUSD 1.32399 + 1.04% LONG IDEA * CONTINUATION PATTERNSGood Day Everyone A look at the POUND / DOLLAR pair in which the DOLLARS strength has been on a weakness streak in the last couple of weeks this is a continuation of the upward trend as the pair is still net long from higher time frames looking for a continuation of this move with the bulls 1.35210. let's see how it goes GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. * THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Long
by PULEMokhothu
3
EURJPY 125.812 - 0.01 % SHORT IDEA * TREND CONTINUATIONGood Day Everyone A look at the EURJPY pair which is net short from higher time frames when we look at the monthly, weekly and the daily chart the pair just rejected at resistance level 126.944 holding the descending channel structure. looking for a continuation of this move targeting support level 124.294 to complete a descending triangle structure on higher time frames looking for short on the pair. looking for significant moves to the downside as we completed the 1234 move to show that we've entered a downtrend or rather confirmed. let's see how it goes... GOOD LUCK AND HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. * THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Short
by PULEMokhothu