USDSEK LongUSDSEK is currently trading at 38.2 fibo level of the daily chart. Tonight news promise some positive figures for US..
USDSEK
USdSek is a short with target 0.5 Fub retracement at 8.67USdSek is a short with target 0.5 Fub retracement at 8.67
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USD/SEK one more leg upExpecting the USD correction to be over soon, and will be looking to long this pair.
GO LONGGG on USDSEKBased on my analysis the price should start going up to a target of 9.02.
SL at 8.88 or below depending on your risk assessment.
Good Luck and stay safe!
Short USDSEKCross is moving downwards in a well defined channel. Shorts at market with target at 8.88649
USDSEK: UpdateWe have reentered longs on this dip back to the FOMC/Rate hike key level support.
I'm buying a position gradually for a couple more days, so far, I have fills at 9.1643 and 9.2085, which will constitute my reentry to ride the long term uptrend here. My trading plan lets me increase position size and reduce stops gradually, until the trend takes me out if it starts retracing, after which I wait to reenter at the end of the corrections.
Risking a drop under today's low is probably good, but also a bit aggressive for now. If it were to get oversold, we would have a bit less risk with tight stops, so for now, I risk 3 average ranges down from my avg. entry price. I'll gradually add, and eventually trail stops up in profit, and continue to add as per the plan if the trend remains up.
When markets are trending strongly, we can make a lot of money, so, make sure to not miss the moves here.
See related ideas for more information on this pair's signals. If interested in learning more, contact me via pm here.
Cheers,
Ivan Labrie.
MY PLAN ON USDSEK PAIR USDSEK EXPECTED MOVEMENT
FIRST TILL 8,7000 THEN TILL 9,000 THEN TILL 8,9000 THEN TILL 10,2000
THE FINAL TARGET WILL BE BETWEEN 31/3/2017 TO 31/05/2017
GOOD LUCK FOR ALL
NOTE , MAY BE WE DONT SEE THE FIRST TARGET 8,7000
SO NEVER SHORT THE PAIR WHEN IT IS ABOVE 9,000 .
USDSEK: Close to giving a chance to rejoin the long term uptrendUSDSEK is flashing a sell signal here, but the longer term timeframes are in an uptrend, this makes for a great place to look for longs. I'm monitoring the price action to reenter longs gradually until the 14th close, aiming to risk 1% overall, if price were to drop under my stop. For now, if you wish to buy, you can enter here but risk would be bigger, so keep position size small enough to tolerate a 2883 pip decline from here.
Once we approach the downtrend time and price target, we'll start to see price action show signs of reversal and that's when we can amp up the size and tighten stops after it's safe. I'd rather not have a stop or have a wide one until then.
Good luck,
Ivan Labrie.
EURSEK: Interesting spot to go longEURSEK has given ample confirmation that a new rally is taking off from here, you can take a half position here, risking a drop under yesterday's open, or if more conservative, entering gradually over 3-5 days. Your size should be 4000-8000usd worth per every 10k usd in your account, to risk 0.5-1%. Don't use a stop loss. Exit if we drop under today's open.
Good luck,
Ivan Labrie.
Reversal ongoing!USDSEK did climb for a while now and getting closer to the highs of 2009. It couldn't make a higher high and did just broke and close below the TL. i'll be waiting for a flag or retest of the TL. IF price fail to make a higher high THEN i'll be looking for entry reason for short.
Like if you agree, follow and support please!
USDSEK: Long term explosion pattern triggeredWe can enter longs safely here in USDSEK, this is potentially the final chance to catch this massive uptrend.
For the long term position, a wide stop is important but we can take a swing trade risking a stop at a new daily low under today's loww as well, additionally, but you will have to trail stops more aggressively with this 2ndary position.
Risk a total of 1-2% on the whole thing.
Good luck!
Ivan Labrie.
The Greenback Owns The Krone For NowI waited for almost a year for the Dollar to make the final mark up. Should be a nice ride up to the climax.
USDSEK - bullish rallyWave (iii) is likely going to be continued, because we have a pullback from the 55 SMA
Big Opportunity for either a buy or sell.You can see from this chart that its getting tighter and the chances for it going on the up or down in a big way is highly likely but from my perspective, I can see it go on the down side.
Possible Long-Term USD/SEK Bull FlagKeep your eyes on this one. Any Hawkish comments from Yellen/The Fed or a surprise rate hike and we could see this potential long-term Bull Flag in the USD/SEK that's been in the making, begin playing out that could eventually target somewhere between the 10.22 and 10.50 area, possibly sometime next year.
My analysis is for informational purposes only and should not be construed as advice to buy/sell any instrument. Always perform your own due-diligence and never enter into a trade based solely on someone else's opinion/analysis without doing your own.
Possible long-setup in USDSEKUSDSEK has now retraced 61,8% of the last move up and on 4H timeframe we have a nice hammer. Now we need follow-up to confirm a possible bottom at current level.
In that matter, we should have a nice risk/reward for a trade.
Trade-setup (long):
Entry: 8,42-8,44
Stop loss if we close below 8,40 on a daily timeframe.
Target is set to 8,54.
Play safe!
Possible short-setup in USDSEKUSDSEK has now retraced 61,8% since the bottom mid-august. At current leveln (8,56), we also face some resistance. A rejection from current levels, should provide a great risk-reward setup for a short position.
Trade setup: Short from 8,56 area with stop if we close above 8,60 on daily basis. Target 1 is set at 8,48 and target 2 at 8,42.
Play safe!
