Sweden
CAD / JPY Nice setup with big reward and low risk I'm very exited about this setup. Monthly timeframe shows big potential on long side. We can see similar priceaction on GBP/JPY. Price had hard time to go down. What happened later you can see for your self.
I'm looking for similar scenario on CAD/JPY. All description is in the chart.
AUD / CAD After one terrible last week and taking some time out this week, now I'm looking for new trades for next week.
There is a big resistance line on daily chart which goes back to April 2014, November 2016 and last now in end of March 2017.
Will it break or will it be kicked back down?
USD / SEK Simple idea USD have shown weakness across aboard this monday. Will usd maintain it's weakness also today?
Have in mind that price can go above last pinbar tops. Probably we have lots of stop-loss orders there. For perfect entry I want to wait a price to shoot over those tops before shorting with tight stop-loss in mind.
Use tight stop-loss because the uptrend have been very strong lately. Look at speed the candles went up! So be careful. This is quite risky trade.
Long Lundin Mining - LUMISLong CHXEUR:LUMIS today (170313) at 51.20, target 50% retracement to 55.5. Stochastic increasing from below 20 and increasing momentum.
Stop at 49,7, gives a risk reward ratio of 2.9.
Longer term:
- Retrace the whole down move to 61.75 (an additional 10% upside)?
- Forming a head and shoulder with the right shoulder at 55.5? If it would trigger there's a potential 20% downside to the 40ies where there is a gap support.
EUR/SEK for 2017 ,Thousands of Pips Waiting for you!Hey all of you
if the pair break up the poin 1 ,Buy and take your profits at TP1
then wait , if the pair break TP1 then Buy again , Dont worry and take your profits at TP2
at the other side
if the Pair break down Point 2 ,SEll and Take your profits at TP Point
I will be witt any updates , See you
NOte : that poistion can make you really rich ,You can risk 5:10 Dont worry ...
Update idea
USDSEK 1000 pips for you Guys Everything Described
Entery Point,your take profits and stop loss as well , if you wanna ask do it ,I am here
see you next trade .
USDSEK: Monthly uptrend updateGentlemen, we have a very compelling monthly signal in this pair. The targets are on chart, as well as the reccomended long term stop loss.
This trade has positive carry, so, holding it will pay you interest based on the interest rate differential between the Swedish Kronor and the US Dollar. I anticipate one rate hike this year, which would accelerate the dollar rally considerably as soon as confirmed.
Check out my updated track record here: pastebin.com
If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
HM B (Large Cap OMX Stockholm) ready for turn aroundHennes & Mauritz looks ready for a change in trend.
We're about to close the gap from september 2013 at 250.60. With RSI on the lower range and previous structure as support we're looking at a good risk/reward to go long at gap close.
Hennes & Maurits, pullback with high possibilityH&M has been up 9,61% in average ten days after a low point far away from the ma200. The 9,61% upside target lays also at the 50% gap line which makes it a reliable target. MACD and Stochastics is also indicating on a upside.
Happy trading!
USDSEK: At an ideal level to go longThis is a potentially nice long term position trade setup.
Once this pair closes and forms a low above 8.50, it will be extremely likely to see continuation to eventually reach the target on chart or even higher.
Fundamentals for Sweden are not looking good currently, and the yield in this pair might be a big driver for this uptrend.
Pairing the Swedish Krona with other high yielding currencies might prove specially rewarding for long term traders (AUDSEK, NOKSEK, CNHSEK).
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
USDSEK bat pattern with bearish divergenceThis bearish bat pattern could possibly form in the next day.
Coupled with the pattern is bearish divergence on the RSI, which has already ventured into overbought territory, so hopefully does again once the bat forms.
USDSEK bullish cypher formedThe ECB news resulted in a large drop in this pair, which resulted in the formation of a cypher pattern.
I hope for a relief rally that will bring the pair into my target.
GBPSEK potential bat pattern formationStop loss based on the nice piece of structure before the start of the pattern.
EMA and MA also signify a further move to the downside which will hopefully form the bat pattern.
Very good risk/reward on this one.
