My position was triggered during the night and I'm looking to add more into my positions at the .73 Psychological Resistance Level and I moved my stop loss to break even. keeping the same risk as but looking to add more profits if the retracement plays out properly.
Good technical set-up to go short this pair, but the fundamental announcements coming out tomorrow on super Thursday are going to cause high volatility. I am sitting this one out.
Head and shoulder pattern emerging on the 4 HR chart for USD/PLD. The pair moved back up to the neckline and waiting to bounce or break through resistance. Follows, Comments, and Likes are appreciated!
Looking for the BOJ to continue the dovish trend to weaken the yen. Looking to continue the trend to a 1:2 risk/reward ratio. Enter @ 88
Ethereum is coming to some major resistance by both horizontal resistance represented by my long skinny box and the upper band of the descending channel. Before buying any Ethereum wait for it to break above the 215 area for confirmation of a follow through move. Follows, Comments, and likes are appreciated, Thanks!
Setting up a short position bouncing off previous support turned resistance and the downward sloping channel. This looks to be a good play as risk on continues and emerging markets are gaining strength this year against the USD. Follows, Comments, and Likes are appreciated!
Looking to open a long position on the audjpy. Waiting for confirmation to the upside off support. Questions, Comments, Collaboration? ---->>>> traderkevin101@gmail.com
Add to your long positions on GMM, Emerging Markets index, based on technical analysis. THE TREND IS YOUR FRIEND! Questions, Comments, or Collaboration? ---->>>>> traderkevin101@gmai.com
Oil is sitting right on some major Technical Support. I AM NOT SAYING BUY US OIL!!!! This is just something to think about before entering a trade short or trading a currency that goes off Oil. I do not trade commodities but I do track them. Let me know what you think. I love Comments and Likes! Collaboration? ---->>>> traderkevin101@gmail.com Kevin
Flash Crash in Ethereum? The dangers of Cryptos. Momentarily trading at 12$
Look for shorting opportunities if prior support turns into resistance. On a fundamental side, NAFTA will start to be negotiated in less than two months. News regarding NAFTA can make this pair very volatile. Remember to use at least a 1:2 Risk/Reward ratio with proper risk management. I love Comments and Likes!!! Collaboration? --->>>> traderkevin101@gmail.com
short-term trade going long on the EURUSD once it confirms a bounce off the trend line already established as resistance now testing again for support. Likes, Comments, and follows are appreciated! :)
Looking to enter the position long at the current market price. We are sitting on major technical resistance turned support at the 215 area. Follows, Comments, and Likes are appreciate
Watch out for the Head and Shoulders play on this pair. Everyone has a different way of trading this formation, watch out for this pair when it moves closer to resistance (or the neckline.) Follows, Comments, and Likes are appreciated!
Looking for a long set up on the NZD/USD -0.21% . Four parallel bullish channels mapped on the graph and the pair is bouncing off the longer term downward channel . Scroll out for a better view. Follows, Comments, and likes are appreciated. Kevin
Setting up a long Silver position on the Daily Chart bouncing off previous resistance. If the Daily candle closes bullish this is a good trade to be in for a couple days. Divergence in RSI and previous days of upward momentum with other commodities play as additional confirmation to enter long for the retracement set-up. Likes, comments, and follows are always...
Triangle formation which is considered a continuation pattern. could see prices up to 4000 in the next two weeks. Likes, Comments, and Follows are appreciated :)
Looking for an opportunity to get short this pair on the four hour chart. If the US comes out with bearing numbers tomorrow it will be a good opportunity to get into this position. Other places to look for USD long exposure is the USDCAD For a longer term set up. If you have a bias against the dollar look to the EURUSD for a long position off support. -->>...