Levels for todays and entries. SUPPORT ENTRY BUY- 3662 SUPPORT EXIT - 3673 RESISTANCE ENTRY SELL - 3668 SUPPORT EXIT - 3658
A signal in the macd for a long position. Bulls have taken power and now theirs potential for a uptrend on the daily. We will see as the week progresses for any bullish evidence and follow it using the hourly.
A signal in the macd for a short position. Bears have taken power and now theirs potential for a downtrend on the daily. We will see as the week progresses for any bearish evidence and follow it using the hourly.
Last couple days their was a signal in the macd for a long position. Bulls have taken power and now theirs potential for an uptrend on the daily. As always we follow the trend using the hourly 50 EMA and 20 EMA for signs of reversal until theirs a cross of the 50 EMA.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:2 risk reward ratio.
USDJPY is on a 53 angle trend. Until we see a breakout of formation a short position can be placed. Fibonacci Retracement levels for possible breakout net limit profits.
The forex open position ratios as we speak are: 45% long 55% short. Bearish action is starting, if continues the next level of support will be @ 105.5
This pair can only go 2 directions UP or Down. Support and resistance levels are @109.29 and @108.64. Depending on market open price the direction will be established. 30 pips on long position OR 35 on short position.