4ex.watch

4ex.watch Updated 

Missed my alerts for this one yesterday as I would've liked to be in around the 0.8880 - 0.8910 area. But still taking it here although with a much worse RR ratio. Internet issues can happen so you just gotta deal with it. Going long EURGBP based on a combination of tech exhaustion in various GBP pairs and stabilization in EUR pairs. We have a triple bottom...

4ex.watch

Our proprietary models are showing EURUSD stretched combined with a selection of indicators rolling over providing a decent short setup here.

4ex.watch

I am shorting DAX on a combination of failures near 13300 barrier and crucial resistance in the Eurostoxx autos index. Furthermore, DAX remains under the March trendline resistance, while weekly RSIs are capped at the 60 level, unlike for example the US counterparts that appear slightly less bearish. Eurostoxx Auto Index approaches the 200-WMA for the 4th time,...

4ex.watch

Going for another stab at the Trade ref:058 with this one. Last entry was premature, this is the last line of defence. With that I mean the last setup of selling the resistance. If this once again wouldnt work out, I will have to look for support break rather than resistance rejections. TP is only initial, I might let this one run on if it starts going.

4ex.watch

Looking to get back into USDCAD long exposure I've previously held but got stopped profit on. Close to these support levels seem attractive enough for me to give it a shot.

4ex.watch Updated 

Currently looking to build up a cluster of EURAUD longs into supports. >4x RR ratio on this one. This is just one trade out of several that will make up the total exposure in a more long term position.

4ex.watch Updated 

Going long EURAUD as per my previous bias on remaining short the AUD and the weekly daily chart providing good support. Adding to overall long exposure with previous trade ref. 224.

4ex.watch

For now, I don't see any major changes in the fundamental outlook that would make either Gold or Silver breakout of their ranges. For that reason, buying the low of the range and selling the top could very well be some of the easiest trades going forward for a while. The outlook can always change, but RR ratio makes it a attractive play for now.

4ex.watch Updated 

AUDUSD is primed for a drop here. There are several risks to the overall market mood, and my general idea right now is that the market is overoptimistic to soon in regards to COVID-19 vaccines. We still have a lot of uncertainty in the US after the elections, and unemployment levels across the globe are scary to say the least. Add to that Australia now butting...

4ex.watch

0.6900 was a big resistance level. I wanted this risk sensitive pair short for many reasons. But mainly, the Covid-19 vaccine news where digested much faster than anticipated by the markets, and I would say we have now clearly reached the point where we need more substantial news than early trial based vaccine results. Additionally, I like the NZD short as per...

4ex.watch Updated 

Adding the other 50% of position size at 0.7300 (ref. 210). This gives a much better RR ratio and average cost of entry. For reasoning, se the original post of position one ref.210.

4ex.watch Updated 

Shorting AUDJPY at this level in relation to mu previous reasoning of the market being over-optimistic in regards to Covid-19 vaccine news and the timeframe for implementation of this. Additionally I like the AUD short with China and Australia starting to have what can be classified as a trade war. China is the single largest receiver of exported goods from AUS.

4ex.watch Updated 

This trade is part of a bigger overall position I am taking on. The aim is to in the end have a total position built up by several individual trades with an absolute RISK of ≈1.830 pips and a REWARD of ≈7.110 pips, if all trades are held from beginning to end and they all get triggered. Looking for an overall RR ratio of ≈4:1. This positioning fits my criteria...

4ex.watch Updated 

Shorting EURJOY at this level in relation to my previous reasoning of the market being over-optimistic in regards to Covid-19 vaccine news and the timeframe for implementation of this. EURJPY is in many ways the risk barometer of the market, and expecting a deterioration in overall sentiment a short from this level is attractive to me. Missed my entry a little...

4ex.watch Updated 

Taking a small day trade on USDJPY as resistance has been rejected and we've breaken out of the chart pattern. In day trades the RR ratio is irrelevant, you have to place your TP an SL levels according to the chart nothing else. Therefore risk management is key. These trades come and go often, so its better going small than big. No need for FOMO on a day trade!

4ex.watch Updated 

Adding to my overall EURAUD long position at 1.6200. Reasoning can be read at the original idea (EURAUD Portfolio Trade ref:224 - >4x RR Ratio)

4ex.watch

As part of my BREXIT related part of the portfolio, GBPNZD meets my entry criteria at this level. RR ratio is OK. I always use 50% of my normal position size on BREXIT related trades due to volatility and potential margin requirement changes from the broker.