wag wan trading fam, another short it looks like here. rejection of the 61.8% as well as the descending trend line. SOOOO its looking decent for a short. Watch out for wick fishing up top the 100% and make sure stops are above this. Lets see if we can ride this one down further. Enter upon a 4 hr rejection candle of the purple box shown. 200 PIP GAIN 5/1 RR
Another long term trade here, longs if we see rejection of the trend line as well as the 78.6 fib level to take this all the way up to past highs. 750 PIP GAIN 5/1 RR
GA LONG - this is a long term prediction. A big trade which you should only use a small slot size for and sit in this for at least 6 months maybe longer, look for rejection of the ascending trend line plus fib levels. 1200 PIP GAIN 6/1 RR
AN long. Waiting for a pull back to the purple box area given, this also lines up with the ascending trend line as well as the 61.8 fib level for us to look at taking a long trade. Take partial profits. 200 PIP GAiN 9/1 RR
Same bias as last week, missed my entry by 20 pips. Looking for this to come up to the 61.8 region (purple box) hopefully see some candle wick rejection from here to take this short. Take partial profits. 140 PIP GAIN 5 /1 RR
GBPCHF SELL awaiting price to again reach the purple box region, I will only enter this trade if we see rejection on the 4hr time frame for us to take this short. Remember to take partial profits. 300 PIP GAIN RR
GA looking like a nice sell setup, if you're not in this already look for retest of the purple box area, and rejection on the 15 min time frame. Looking like a nice opportunity to sell around this area due to the fact it is rejecting the fib levels we look out for as well descending trend line and rejection of the EMA. Take partial profits at the given levels....
GBPCAD - small trade here quick 100 pip gain if all goes well. Look for sells around the purple box region given, rejecting a descending trend line as well as the 61.8% plus the ema on the 4hr time frame. 100 PIP GAIN 4/1 RR
GJ shorts, GBP weakness across the board. Looking for this pair to come up to the 61.8% and to see candle wick rejection to take this down to the -61.8%. This may come up to the 78.6% fib level first so be careful and don't over leverage. Take partial profits. 260 PIP GAIN 7.5/1 RR
Watching this pair for a healthily sell. Trend line resets plus ema rejection as well as rejection of the 50% fib. Multiple confluences to take a short here. Just waiting for price to come up top the purple box region and form some bearish candle sticks to take a short position here to ride it all the way down. Tale partial profits. 430 PIP gain 7.5/1 RR
This pair has come to a level of interest for me, I will only be entering longs if we see rejection from the purple box region, need to see a doji formation or spinning top on the 4hr or a hammer candle formation for us to enter this trade and take it up to 1.69 Take partial profits. 700 PIP GAIN 15/1 RR BIG TRADE !!
AUDCAD sell - looking for rejection around either the 61.8% or the 78.6% for it to roll over to the downside. Watch the region of the two purple boxes for a doji or spinning top formation on the 4hr time frame to take a short position. Take partial profits at the 0% -20% and finally the -61.8%. 180 PIP gain 5.5/1 RR
I am currently in this trade but I still see some GBP weakness across the board. I think we will see a retracement back up-to the 78.6% fib level (purple box area) 0.85150 area. If we do see a retracement to this level wait for 4 hour candle closure forming a doji or spinning top as an extra confluence to take a short position. Remember to take partial profits...
CHFJPY has been respecting this uptrend for multiple months, showing us the bulls are in control. As of yet there is no trade until it comes into the pink box region, meeting the 78.6 fib and dynamic support. This is the optimal entry point for us, for maximum risk to reward. If correct this trade will be 500 pip again against a 50 pip Stop loss (10/1). Remember...
NZDCAD also looking promising for shorts. We will need to wait for it to reach the purple box region which has been placed around the 0.86500 level, this also meets with the trend line as well as the 61.8% level giving us multiple confluence for this to be a level of interest. However, we need to wait for further rejection of this zone, so multiple 4hr candle...
EURCAD shorts are looking good to go. Lets get ready for a retracement up to the purple box area with a 4 hour body closure as a doji or spinning top to confirm our bias of taking shorts from here. EURCAD has respected the 78.6% Fib level indicating the bears are still in control, lets just sit back and wait to see if it can pullback to the area of interested and...
Looking for longs on this pair awaiting further rejection from the 108.000 region (purple box region). Hoping for a daily rejection candle closure e.g doji or spinning top. Then will be looking to take this all the way up to around 112.000 (-61.7%). Remember to take partial profits at the 0% and the -20.00%. 400 PIP gain 8.5/1 RR
I have been watching this pair closely for the past couple weeks, Its now coming to a zone of interested (the purple box). This week I am hoping to see it come up to this area again and hope to see further rejection for us to take a short. Ideally we would like to see a dojo or spinning top formation on the daily to confirm the rejection. It has also come up the...