FXNAZ

FXNAZ

In my personal opinion I believe we may see a push up in EJ, We have had our spike down to take out 0 level. Looking at the formation of candles we can see on 1hr a very nice doji. I expect to see a push up now. This is a corrective structure as part of a bigger wave, therefore as part of the bigger wave we want to see an impulsive move.

FXNAZ Updated 

Manage trade as follows if entering this trade: Two positions short. Move SL to BE when target one is hit. Keep second position open until either break even is hit or tp2.

FXNAZ

Keeping it real simple here, going to do a sell position. As I believe price still wants to push lower.

FXNAZ

we can see a break of channel and now a retracement into a double top formation. Wait for nice price action to play out before entering, I will look to enter if market shows me some doji candles otherwise if price breaks this top level to gain some liquidity and then comes back to entry level I will short this monster and take it to the lake.

FXNAZ

I will be looking to take longs. I will also get back in if my SL is hit, I will re enter as a BUY STOP if price comes back to these entries. I will then put SL to the previous new low that is created, this often occurs as the market dips down to pick up liquidity to then move on up, very common with EURUSD. If price does not hit my level and goes up without me......

FXNAZ

We have seen a double top form, the pound index is looking to crumble just a little bit. Taking shorts from this area as price has retraced into a nice pullback entry.

FXNAZ

1. .618 DAILY RETRACEMENT 2. SUPPORT LEVEL AREA. 3. MARKET STRUCTURE (BULLISH)

FXNAZ

I have seen GBPAUD consolidate for a while now, however I think we are happy to continue to the upside. a retracement is due before pushing higher. Ideally I would like the Pair to come down to .618 for long set ups. If it does not get to this level we will look in future to buy.

FXNAZ

We have seen GBPUSD break out of the wedge now pulling back to go short I can also see that there was a fair amount of volume which was created at 0.382 fib level I am also aware of the New potential trend to the downside.

FXNAZ

I am now sell Bias on EURUSD unless price breaks above 1.3840 Reason for Sell is due to multiple confluences. Wave analysis Fibonacci Retracement Market structure I do not Post All my trades on Tradingview, TIP: Probability is how you win the game not one single trade or a few but many over a wide span of time, see if you are down on the month as...

FXNAZ

I do think Gold has some more to push up before making its way down, perhaps one more time to the highs, I am very much waiting to take this thing to the short side however we trade what we see, for now still upside.

FXNAZ

I believe there to be another push to the upside, We shall hopefully see this fulfil Nice and simple.

FXNAZ

Eurusd Has broken out, what we will do since we missed this trade due to being on max risk on other trades (4%) If price pulls back into this zone I will take the long, CHECKLIST/ CONFLUENCES ; 1. Pullback into area of FIB 2. Area of Support 3. Price action ( candle formation showing slow down and reversal) IF the trade continues UPSIDE we will NOT...

FXNAZ

We had a Breakout of Wedge on Daily time frame now our momentum has shifted to the upside, We have caught a 786 retracement trade last week, However this week has presented a new trade to the upside. 2% Risk on this trade, I am Keeping the chart simple however there are checklists that do go on in these trades, Have 3-4 confluences and ticks for yourself...

FXNAZ

Very simple trade, daily sell taken, based off of trend line, Waited for candles to hold below then went on to sell. Fundamentally we are seeing a recovery on Oil so therefore its expected USDCAD downside

FXNAZ

So, the big boys have done it again, robbing from us peasants, creating a support then busting a fakout heading to the upside, snipers carry BIG risk, don't be fooled by this trade, almost got stopped but from experience I know there's always a little manipulation first before the real move. Wave analysis Trade Channels Using multiple time frames to take...

FXNAZ

a few confluences plus adrian orr giving it the go ahead to basically short.