FalkenFx

FalkenFx

If we could we reach the 32600 before breaching the current trendline, and by Friday for timing, could see a nice potential short swing trade occur, however if due to Credit Suisse news we do not go up before the breach then I'd be looking for a buy around 31200 zone for a quick day trade. Overall bearish, unless there is a surprise turn around in the banking...

FalkenFx Updated 

Previous low near to the large 88.6% fibonacci level. Looking for a pullback from 70.25 with a 150 pip tp, if 69.82 is breached then the idea is no longer valid.

FalkenFx

3rd touch on a daily level, with mixed fundamentals in the market currently. Other JPY pairs on a level at the moment therefore looking to short to the previous low.

FalkenFx

First zone on GJ Blew, second one provided the pips.

FalkenFx

I believe the Bear market is upon, and by the time the year is over NAS100 will be down significantly. Take action and trade the opportunities of this liquid bear run!

FalkenFx

GJ sell idea, based on the 3rd touch on a large daily/weekly timeframe trendline, target can be reasonable in size due to the strength of positioning as well as alignment to other Yen pairs at this stage.

FalkenFx

Currently looking at riding longs till the next high on US500. Manipulation and institutions capitalizing on its bullishness, likely pushing it higher for now.

FalkenFx

Looking to sell Dax at the 15650 level. Multiple confluences in one area. Including the upper lim of the channel. Let me know if you spotted this one too.

FalkenFx

Looking for a short on the sp500 from the 4125 area of interest. This will be good for me if aligned to Wednesday's news events, from here looking to hold to a modest level of 3700ish. From here can hedge etc.

FalkenFx

Looking sell from here aligned to a duplicate tl. Also, we have the D100EMA. Considering market sentiment as well as Nikkei alignment at the tl. SP500 is approaching a level of interest for me for a sell after its recent over extension. With this alignment occurring, this zone is a hot spot for a sell for me in GBPJY. A modest downside target is expected when all...

FalkenFx

Looking to sell GJ from the 200DEMA, Number of confluences line up for a short from here including alignment to the Nikkei. Notice how these two correlate to create complimentary trades. Entering at 162.150. Exit where your plan tells you to! Always keep that in mind, my entry and exit is different to what yours may be but we both have the same idea. 'Not financial advice'

FalkenFx

Basing this trade off of a trendline touch on the weekly timeframe and the weekly 100EMA being aligned. Coupled with the previous high made on XTI's downtrend, makes for solid confluences for an intraday short. I am not expecting crazy pips from the zone but will have a modest target as Friday is profit taking day for institutes. Stops at 43 pips and full tp at...

FalkenFx

Simple Buy based on a previous weekly low/key level. Also lines up nice to the with the weekly 100ema. Buy from the weekly ema spot one its contact. Should give at least 150-200 pips from a weekly level such as. Let me know your thoughts and if you spotted this trade too!

FalkenFx

We've got a strong zone of confluence from this area around the 61.8% fibonacci. A daily previous high and wick is present, a round number and of course the 61.8 fib. EN seems to enjoy round numbers so with added confluences at the zone we should see a decent reaction from the allotted spot price.