GaliX

GaliX

Depending on how much risk you are willing to take, here are some key levels you should look at. UJ showed some resistance reaction when it did hit the high around 118.50 last week. Therefor we could be at an area with a potential scalp short to re-enter for this Dollar rally. The risk reward is pretty good for a scalp short at this point. + a simply upside...

GaliX

Quick Scope - Range Trade Euro/Japanese Yen Red lines should be stops/take profit targets. So you do not get stuck on the wrong side. But the Chart should be self-explaining how to trade this with low risk Good Luck Trading!

GaliX Updated 

Chart should be pretty clear. Taking a Long from support here if it breaks down I don't want to be involved with the threat of the BoJ intervention which would blow out every stop.

GaliX

even thought there is a lot of event risk this week I can see a possible right shoulder printing for EurUsd on the 4h chart. Risk Reward is excellent if you are able to catch a short on the right shoulder as I do. TP1 - Neckline 1.250 TP2 - 1.110 Good Luck!

GaliX

GU - Long - Since it looks like the markets are doing better then they did last week we could see a nice retrace of the big non stop sell of we had the last 24days. Fib levels to watch. Stop around ~1.422 First Trade this week hopefully you all have a nice week! Good Luck Trading out there! :)

GaliX Updated 

EURCAD - Short - possible tripple top on a bigger time Scale. Looking at the the EU and UC I could see this situation playing out. On the one hand EU has a lot of room to move down. While UC already made most of it's big move and should retrace at some point quite a bit. All together this screams for a tripple top/ short eurcad. The usoil price has to find a...

GaliX

GU - Long Scalp. Trend overall is still strong. good risk reward ration. Worst Case I get stopped out. Moving s/l to break even as soon as possible. picked the second pullback.

GaliX

Short EU. The push of GU creating a new low today shows that the Dollar is gaining momentum again. The Trendline is going to be important if it breaks we should see quiet some follow through. Also: seems like we did just form the potential right shoulder. Hopefully we will also see a lot of follow through once the Neckline of the H&S breaks. Let the next FED...

GaliX

Looks like there is still a lot of buying going on @the EU. As long as the trend-line is not broken look for longs. Lets see how far this rally goes... Seems like the Speculations on EU QE / FED rate hike is priced in and we reached maximum at the extremes.

GaliX

Lets see how this develops... The recent 500$ high reminds me a lot to the fomo 1200$ spike back in 2013. Why didn't we spike to 1200$ like we did the last time? I guess that's because there is a lot of leverage trading going on and additionally in 2013 there was no option for shorting. That's why I think the 500$ level looks like a copy to the 1200$ back...

GaliX

Should see some bounce after the constant decline. Major Fundamentals are still in place therefor I don't expect key support breaks from here. Expecting a range trade trade between top 1.565 and 1.515 on the downside. RSI oversold on the 4h, Stoch RSI starting to turn up after quiet some time. Risk reward should be pretty clear. Not looking to short this...

GaliX

Short Cable

GaliX

UJ short if the Global Markets do not recover and keep falling.. Possible drastic scenario of the BoJ doesn't intervene.. The Void zone is a profit monster... Don't miss it ...

GaliX

EJ - Short if trendline breaks

GaliX

Possible Pitch-Fork channel.

GaliX

Short EU

GaliX

Since it didn't break the bottom on Friday dump, I am long until it makes new lows which would likely get more follow on the short side

GaliX

The chart with a larger time frame to my earlier published 15min chart which was too short term. Stoch RSI could indicate a pullback before having a rocket up, so going to move my S/L to slight profit once it plays my way. going to kill the trade once it shows strengths to the upside. Going to look for a long after the short as well ofc. But I don't like going...