EMkioko

EMkioko Updated 

Ok, Here i can see price squeezing in, in consolidation to form a bullish flag. -A big shadow then prints to confirm a continuation in direction to the uptrend. -Here are the optimizers of a big shadow. -Candle has a higher high and a lower low than the previous candle. -The Big Shadow has the widest range of the previous 6-10 candle sticks. -The...

EMkioko Updated 

I have a bullish bias on UJ. -Price has been steadily going down for the better part of the previous week and managed to drop to 133.50 -A support turned resistance had been created at 134.68 but it has since turned to support, with price making atleast 3 touches on the same zone and ranging within the next level at 135.30 -Am anticipating a bullish break above...

EMkioko Updated 

-Usdcad has created support at 1.33637 with a nice bullish candle printing. -I would have preffered to see a Big shadow which closes above 1.34065 as a good bullish confirm but that is not the case today. -For this reason i will be using trade stops instead. My sentiments are open as i will be placing a buy stop at 1.34100 as price will have broken above the...

EMkioko

Am taking a closer look at the 50ema which is acting like a good support of the trending bullish market. -Anticipating for price to make a breakout of the box where price has been ranging and to continue rallying up. -Am yet to find a favourable bullish signal at this point but my eyes are keen on either of the following candle prints: 1. Kangaroo tails ...

EMkioko

Waiting to see how this pair will react. -As you can see, price is just ranging. Trading within a box. -A break out is coming. -133.79 seems prety strong. If it holds, we could see usdjpy continue to rally upwards. -On the other hand, if 133.79 breaks we could target 133.334 as our take profit.

EMkioko

-Market has printed a kangaroo tail on the intraday level. -Good bearish signal as a kangaroo tail signifies exhaustion Characteristics of a kangaroo tail are; 1. Prints on a support and resistance zone 2. Long tail but small body 3. Bearish kangaroo tails should have their body in the lower third of the candle. A stop loss is placed a few pips above...

EMkioko

-Price trading nicely within and above the trendline. -Will it hold this tyme round? -If it breaks we could see a dip in the market. from where i can look for bullish signals.

EMkioko Updated 

EURJPY -Has generally been on a uptrend. Currently have 18% net long and 82% net short retail positions. -When we look at the weekly change in position we see that we got a 35% decrease in long positions and a 32% increase in short positions. -On the daily charge, a 10% increase in long positions has been noted while the short positions increased only by 2%....

EMkioko

-This is an example of squeeze play. -When price hits an horizontal line several times and with each time forming higher highs as it aproaches the resistance line or it prints lower lows as it approaches support. -With our case here,we have a support line at 0.98044 and the lower lows forming along the trend line. -An idecision candle has also been formed at...

EMkioko

EURCHF -Has generally been on a downtrend. Currently have 71% net long and 29% net short retail positions. -When we look at the weekly change in position we see that we got a 7% increase in long positions and a 2% increase in short positions. -With the influx of the net long positions, we can comfortably look for short positions this week according to this...

EMkioko

EURUSD is looking pretty bullish. And with the retracement made last Friday could pose good buying opportunities. -What am seeing is a bullish correction. -As the week progresses i will be looking for bullish signals.. -The trend line drawn could hold and i believe is where i could start looking for buy signals come Monday.

EMkioko Updated 

Price has bounced off a good support with a nice big shadow. -The market is trending and we can expect the market to reach 145.34. -Retail traders are also very short in the pair which is a good indicator of buy pressure building

EMkioko Updated 

-Missed this trade, -kangaroo tail. -Stop loss above the high of the kangaroo tail. -Tp on the next zone.

EMkioko Updated 

-Missed this trade, -kangaroo tail. -Stop loss above the high of the kangaroo tail. -Tp on the next zone.

EMkioko Updated 

market is trending. -Higher high, higher lows. -Price seem to have found support at 132.00 and uptrend could continue. -Riding up to 132.90 with my stop at 131.80

EMkioko Updated 

This are my levels on how i will be taking this trade. -Enjoy brother.

EMkioko

Hello, i believe DXY could go up this week. -If look closely, you will see that dxy printed a big shadow on the daily chart. -Here are my optimizers for a Bullish Big Shadow; 1.Prints on support zone 2.Has a higher H & lower L that prev. candle. 3.Biggest range of the last 6 candles

EMkioko Updated 

-Price seems to be on a bullish trend looking at the 3H timeframe. -Zoomed in to see where price would find a support in its quest to continue moving up. -Will place my lose stop loss at 130.90 to give the trade more room but i could otherwise place my stop at 131.50 -Targeting 133.00