Mohammed98

Mohammed98

MY BIAS FOR THIS PAIR IS LONG FOR THE SHORT TERM, THE REASON BEING IS BECAUSE AS YOU CAN SEE THERE IS ALOT OF PIN BARS AROUND THE 1 HOUR SUPPORT WHICH COULD BE INDICATING THAT THE BULLS ARE IN CONTROL AROUND THAT ZONE AND ALSO THE OVERALL TREND HAS BEEN LONG BUT KEEP IN MIND THAT IF THAT SUPPORT ZONE IS BROKEN THE LONG TERM MOVEMENT MAY BE SHORT

Mohammed98

POSSIBLE LONG IF PRICE DOESN'T BREAK THROUGH THE TRENDLINE AND CONFIRMS A FAKEOUT THEN WILL BE GOING LONG OTHERWISE THERE IS ALSO POTENTIAL TO GO SHORT ON THIS TRADE WITH A DECENT RRR

Mohammed98

I WILL BE LOOKING TO SHORT USD/CAD IF BEARISH CANDLES FORM NEAR THE TREND LINE WITH A TIGHT STOP LOSS. FUNDAMENTALS THURSDAY (USD) Prelim GDP q/q 1:30PM FRIDAY (CAD) MONTHLY GDP RELEASE 1:30PM (USD) PERSONAL SPENDING MONTHLY REPORT 1:30PM

Mohammed98

I WILL BE LOOKING TO SHORT THIS PAIR BECAUSE THE SUPPORT LEVEL HAS BEEN BROKEN BUT IT MAY BE A FAKEOUT. IF THE 4 HOUR SUPPORT CONFIRMS RESISTANCE I WILL BR SHORTING THIS PAIR AND TARGETING 116.50 PRICE ZONE FUNDAMENTALS THERE IS NO MAJOR NEWS FOR THIS PAIR

Mohammed98

I WILL BE LOOKING TO SHORT THIS PAIR DUE TO THE REASON THAT I BELIEVE THAT A HEAD AND SHOULDER PATTERN HAS BEEN FORMED AND THE NECKLINE HAS BEEN RETESTED. I WILL BE PUTTING IN A SELLING ORDER AROUND THE 0.9038 1 HR SUPPORT AND WAIT FOR A RETEST. FUNDAMENTALS NO MAJOR NEWS FOR THIS PAIR

Mohammed98

MY BIAS FOR GBP/JPY IS LONG, THE REASONING BEHIND THIS IS BECAUSE GBP/JPY HAS TOUCHED THE WEEKKLY SUPPORT AREA AND PRICE HAS REVERSED IN THAT AREA AND ITS FORMED A ASCENDING CHANNEL. I WILL WAIT FOR THE RETEST OF THE ASCENDING CHANNEL BEFORE I ENTER AND POSSIBLY GIVE THIS PAIR A 50 PIP SL TO GIVE IT SPACE IN THE MARKET AS THIS IS FOR THE LONG...

Mohammed98

EUR/AUD

Mohammed98

EURCAD AM WAITING FOR THE RETEST OF THE 38.2 LEVEL ON THE FIBONACCI, IF CLEAR BULLISH CANDLESTICKS EMERGE I MAY ENTER LONG WITH A TIGHT STOP LOSS

Mohammed98

I HAVE NO BIAS FOR GBP/CAD, BUT BECAUSE ITS ON A UPTREND I WILL BE LOOKING TO BUY INTO THIS CURRENCY ONLY IF THE PRICE ACTION TESTS THE 4HR SUPPORT AND HOLDS FUNDAMENTALS GBP G7 MEETING CAD -Fri Aug 30 GDP m/m

Mohammed98

MY BIAS FOR GBP/USD IS LONG, THE REASONING FOR THIS IS BECAUSE THE PRICE HAS BROKEN THE ASCENDING CHANNEL AND ALSO RETESTED IT. PRICE HAS ALSO MOVED PAST THE 4HR HIGH. NOW I WILL WAIT TO SEE IF PRICE COMES TO RETEST THE 4HR HOUR HIGH AND CONTINUE TO GO ON THE UPTREND. FUNDAMENTALS GBP -Mon Aug 26 G7 MEETINGS USD -Tue Aug 27 3:00pm CB Consumer Confidence -Wed...