SPI An Interesting TradeGood evening traders! You can see my full video review by clicking the link below in my signature description!
I have updated charts, and new video's available every day. Follow me on tradingview, and subscribe to me on youtube!
Leave any questions or comments, and I will get back to you as soon!
Recap
Economic News for the week of August 24thNew format figured i would split up the economic news from stocks news into two charts. Will post economic news on the EURUSD charts while stock news on the SPY charts. This is in order to cut down on space used up in the charts.
www.cnbc.com
www.telegraph.co.uk
seekingalpha.com
www.reuters.com
www.reuters.com
www.wsj.com
www.cnbc.com
www.reuters.com
seekingalpha.com
seekingalpha.com
www.irishtimes.com
seekingalpha.com
www.nytimes.com
www.census.gov
AUDUSD Recap (Recap)AUDUSD we saw the price rally to the upside as predicted last week and gaves us nice pips. Now the price reached 61.8 fib level and broke it and heading to the 78.6, the price still bullish but we will see how the price handles that level, still the price could head to 0.81000.
Tenemos AUDUSD una buena corrida a la alza, he puesto el fibonacci de retroceso para ver donde el precio se puede comportar. el precio subio paso nivel 61.8% proximo nivel a llegar es 78.6 vemos si el precio respeta ese nivel, igual la tendencia de ese par es alcista desde antes asi que estamos viendo una extension del precio, puede hasta llegar a 0.81000
USDJPY Sell Position RecapUSDJPY was on a sell las week as posted. Now the price is working in favor of us and the sell still in play. Price rejected trend line in high timeframe and a good SL is set for a 200+ pip benefit.
GBP/USD Closed In ProfitHey Traders,
We have closed our GPB/USD trade from yesterday in profit. The reason for the close is that price action has twice rejected the 1.27000 level and we now await a break of this level to resume our buy bias.
On another failed break we will consider selling at this level as buyers maybe exhausted and the market will need to drop before buyers re-enter. We of course are led by the market and will inform of when we see a signal to enter again.
We captured 82.6 points from this trade which is a great start to the week. We hope you managed to make gains on this pair today as well.
Do look out for further trade ideas from us over the course of the week.
Trade brave.
