FairValue

FairValue

First time I`ve seen 2 HS pattern inside one another. For some, this would be the ultimate bearish setup. As I dont rely solely on technicals,I am not trading this pattern myself but worth sharing

FairValue

Buying the pound on support heading to NFP. In case the order gets triggered, will be closed before the event. Concerns with the job market in the US and rate cut expectations still favors the pound from my pov.

FairValue

Rate cut expectactions plus deteriorating US job data should favor Gold upside.

FairValue

Selling resistance - UK economy outperforms EU plus rate cut expectations favors the pound. I believe this level will continue to hold for now.

FairValue

Technicals and fundamental align after yesterday JOLTS miss.

FairValue

Down Trend - Break and retest SL 0.7265 TP - N/A First target 71.17

FairValue

Bought AUD NZD 1.0790 TP 1.1285 SL 1.0724 Divergence regarding monetary policy. AUD - temporary neutral stance with positive sentiment for aud after yesterday RBA statement. NZD - Markets currently pricing in a potencial rate cut for the coming months.

FairValue

On a fundamental perspective I dont see any reason for a potential break on the high confluence zone of 136.50-137. Divergence on Daily. Entry 136.60 SL 137.30 TP1 135.10 TP2 133.53

FairValue

Fundamentals: Bullish dollar fueled by better then expected ISM Manufacturing PMI 52.8 52.0 Technicals: Break of downward trendline. Long 0.9440 TP 0.9540 SL 0.9395 (Not going full size due to CHF strengh)

FairValue

Nice double bottom + big divergence + pin bar

FairValue

Not going full size because didnt get candle confirmation but its worth taking a shot

FairValue

Retest of previous support now resistance and a clear rejection of this level. Wait for draghi speach and then I will enter short on this one. Also price respected 61.8 fib retracement and closed down every time

FairValue

Long term trade, I believe Nikkei respected a really strong resistance and formed a double top with divergence. divided in 3 units with different TP, stop is moved to target hit as positions are closed. even though its a high risk trade offfers a great RR and I think its worth take a shoot.

FairValue

Entered long 95.86 with stop 96.95. On this one used half my normal position size because I think the upside can be limited and the risk to reward is not very good, also retail traders are long on this position which does not contribute to my confidence. On the positive side we good nice support on RSI, trendline was respected forming a nice bullish candlestick...

FairValue

Went long on 139.45 stop 138.91. Split between 2 units. Retest of broken trendline. Onother important aspect is that retail traders are shorting euro/yen (contrarian theory).

FairValue

short on neckline retest

FairValue

short on retest of the neckline

FairValue

USD/CAD (lets see how the neckline behaves)