Looking for a possible long trade today. Maybe a Wednesday-Thursday mid week reversal. We will see if they give us an opportunity. I would like to see price drop below the most recent low they made around 6:45-7AM NY EST Time for me to become interested in this. As always stay flexible and be ready to flip the switch.
I am interested in shorts from GU but I would like to see price take out those equal highs they set in London and from there we have to see how price behaves once it grabs that liquidity.
With the 800EMA being a few pips away, I am looking for a continuation to the downside. Good luck. Remember, anything can happen!
It seems like the EURUSD has been in a sideways/consolidation cycle this week. I would simply look for price to go back down since we are at the highs of the consolidation.
We've had a slow and steady trend down on this pair since Monday. Trend is too clean...When something is too clean I start looking for trades in opposite direction. they will likely make a move towards the high they set in Asia coz this is where likely $$$ are at in my opinion. They could also decide to turn around and come back down and consolidate for the rest...
With Thursday being a mid-week reversal, I am looking for longs only on this USDCAD today. Keep in mind that Beginning and end of week is also when MM like to play games and trap people.
Looking for shorts! So far they have the LoD set at 7AM EST. I hesitated to take a short trade on the first pull back. I am hoping that with the news at 10AM they do a spike up and give me an opportunity to take a short trade. If price keeps dropping and takes out that low from 7AM then there is no trade for me today.
Monday looks like a fake move beginning of the week to get traders to go one direction. Wednesday we had a mid week reversal which appears to be holding. Today we are looking for LONGS only on EURAUD. Target is 1.66500 There is also a chance that today they will drop to grab the lows set during London and maybe Asia and then finish the move by the end of tomorrow.
Looking for a continuation trade to the downside. I like the move back up towards middle of Asian range. Now i'd like to see bearish confirmation
After that big accumulation last week I am expecting EURAUD to give us a trending cycle. Only looking for buys unless they prove me wrong.
Looking for price to make a move up and take out Thursday's high.
Looking for new highs on the day. "The patterns repeat themselves with statistical reliability BUT the OUTCOME that the pattern is predicting is RANDOM" -Mark Douglas
In this upcoming week I am looking mainly for longs on this EURCAD. It seems like we formed a peak formation low and we just broke out of level 1. I am looking for 2 more levels of Rise.