GIgor_021

GIgor_021

On Friday there was a spike in EURUSD volatility and we could see dollar weakening. Joining bulls if breaking 1.0865 price level with 1.0845 S/L and 1.0916 T/P provides decent R:R. // Feel free to share your opinion/position via comment and follow me to stay updated.

GIgor_021 Updated 

Cable strengthened last week even though Sajid Javid, the Chancellor of the Exchequer, resigned... ..since the beginning of this year GBPUSD was moving sideways with the highest price around 1.321 and lowest around 1.287. Last week it broke above 1.30 again and it seems like it was a false breakdown below 1.2945. I will wait for a pullback to 1.299-1.2945...

GIgor_021 Updated 

RBA interest rate decision remained unchanged (0.75%), while the market was pricing interest rate cut.. that's why AUD is bullish at the moment.. ..however global uncertainty around China might put another selling pressure on AUDUSD. Joining bears from 0.674-0.6779 price zone with 0.665 T/P provides decent R:R (at least 2.31). // Feel free to share your...

GIgor_021 Updated 

See in my previous post. The price opened lower, even better R:R around 2.5

GIgor_021

Global uncertainty around coronavirus still present and oil price is pretty much under selling pressure.. ..according to the trend it seems logical to join bears if the price closes below the triangle chart pattern formed on 4h time-frame. However, if there will be any sign of positiveness regarding vaccine or OPEC members decide to cut the supply of oil the...

GIgor_021

I have short position with 0.6779 stop (check my previous post) and i think if audusd breaks that level i should be with buyers. ..global uncertainty around China seems to have calmed down a bit, also recent RBA's statement had positive note regarding Australian economy. So joining bulls from 0.6779 with 0.675 stop and 0.687 T/P level provides decent R:R...

GIgor_021

The market calmed down, so Japanese yen is weakening.. i am waiting for better price to join bulls between 109.15-108.95 zone with 109.8 T/P (R:R 3.25). Keep in mind that this idea might be realized in several days and opening long position in USDJPY results positive swap. // Feel free to share your opinion/position via comment and follow me to stay updated.

GIgor_021

I think aggressive buys can start above 1.1095.. however for EUR bulls and for those who are playing with thought that we are going to see that level, entering the market between 1.104-1.1008 price zone with 1.112 T/P provides decent R:R (at least 2.5). Keep in mind that this idea might be realized in several days and opening long position in EURUSD results...

GIgor_021

Global uncertainty around coronavirus puts USDJPY under selling pressure, which might continue.. Joining bears between 108.9-109.27 price zone with 108.1 T/P provides decent R:R (at least 2.16). // Feel free to share your opinion/position via comment and follow me to stay updated.

GIgor_021 Updated 

GBPJPY moving sideways since December last year, joining bulls from around 142.6 price level with 142.1 stop and 144.1 take-profit provides decent R:R (3:1). Keep in mind that this idea might be realized in several days and opening long position in GBPJPY results positive swap. // Feel free to share your opinion/position via comment and follow me to stay updated.

GIgor_021 Updated 

This idea is based on that the market is already pricing rate cut in GBP, so it is possible that we are going to see a strong pull back in price and then buy out from the level around 1.2957.. it provides decent R:R for joining bulls with stops below 1.29 and take profit around 1.312. (R:R=2.86) If the rate remains unchanged it will be a positive scenario for GBP...

GIgor_021 Updated 

H&S pattern formed on AUDUSD chart. Joining bears between 0.6885-0.6935 with 0.6775 take-profit provides decent R:R (at least around 2.2), possible that we just continue moving downwards without getting to the mentioned sell zone.. // Follow me to stay updated.)

GIgor_021 Updated 

I think the markets are pricing that the US-China Phase 1 deal is going to be signed, so the risk-off sentiment is still present. The idea of going short in USDJPY is based on a well-known phrase: buy the rumor, sell the fact (news). Are we going to see the price going down? Who knows, but it's better to be prepared, if the price breaks the support zone around...

GIgor_021

Already with bulls since around 3 price level.. unreal. P/L around 40%, what should i do? Should i close the position now? Don't think so.. 1. Cryptocurrency market is breaking out, this month already had 5 posts regarding BTC, BCH, TRX, ETC and ETH.. 2. EOS volume profile provides most traded area in the last 6, 3 and 1 month, so in my opinion selling around...

GIgor_021

Possible false breakout in ETHUSD, which might signal the continuation of previous trend or reversal...i am with the bulls..check my previous post for further details regarding take and stop levels.) Anyhow, considering order book currently i see the supply is more than demand, which in my understanding should mean that supply line moves lower in order to reach...

GIgor_021 Updated 

What's the situation on the crypto market? Well..not so long ago, we could see some big moves out from the descending trend lines in such crpytos as ETC, BCH, DASH , BSV..even BTC..which is somehow dictates the direction to the cryptocurrency market (check one of my previous posts of BTC, BCH or ETC). In one word - the market is bullish. Techincally speaking at...

GIgor_021 Updated 

AUD was under pressure since the beginning of the year, which was stopped last week. On Friday there was a correction move, which might provide another opportunity for joining bears. There could be a pullback from the price zone between 0.6925-0.6965. It's better to enter a position with higher R:R, in my case the number is around 0.694, with stop above 0.6965...

GIgor_021 Updated 

Risk-on sentiment is still valid, the Japanese yen is in the uptrend and there is no sign for a reversal.. Joining bulls from around 110.05-109.78 with 110.8 take profit provides decent R:R (2.73). Keep in mind that this idea can be realized in several days and long position in USDJPY has negative swap. // Follow me to stay updated.)