RiccardoAnnoni

RiccardoAnnoni

The support of area 126-127 could push the EURJPY higher in the short term up to the 128.5-129.5 area. In this case to me it would be a great sell as I believe that EURJPY will go to 125 as for EUR we have Draghi and his QE while on the Japanese part we have had hawkish remark this week stating that YEN is undervalued. All in all I would wait for a rally into 129...

RiccardoAnnoni

Last day I sold NZDUSD after price pierced support at 0.748 but I was stopped out. Today NZDUSD printed another bullish rally but it seems to me that it will not be able to print a HH (e.g. a daily close above 0.765, my stoploss level). My first target is once again 0.748, then I will close half of my position and move stop to break even targeting 0.373. Stay...

RiccardoAnnoni

This is very bullish. Stop Loss at a daily close below 175. Target 179. A very nice and clean opportunity. What do you think?

RiccardoAnnoni

...will break to the downside. I sold right now AUDNZD with a soft stop loss if daily price closes above 1.022 and target 1.012 and below.

RiccardoAnnoni

I think 0.74 will be tested (target 1, close half position) and given time even lower (move half position to breakeven and wait for more losses). Stop Loss at daily close above 0.754. Have a nice Monday!

RiccardoAnnoni

The long red trendline show that by the end of April DAX30 will go to 12500. The recent rally has been so sharp that I expect a retest of 12200 (the last kiss as they call it) before going higher. So you have tho interesting idead on DAX: 1) Play the mean reversion scheme selling DAX targeting 12200 2) Wait any pullback to buy trading aroung a bullish core...

RiccardoAnnoni

After 5 days in a row of selling EURUSD it may well touch 1.05 but then it is quite possible that buyers will step into again. For now, just like my EURGBP post, I am waiting to see if the resistance will be pierced of it will hold. Only then I will consider to put some money selling or buying this pair.

RiccardoAnnoni

Maybe the closing price next Monday will tell something actionable on this setup. If the resistance will be pierced then we want to sell aiming at 0.71. If the resustance will hold then we have a ranging pair and should buy targeting 0,735. For now this market is not actionable and I will stay flat.

RiccardoAnnoni

Gold is becoming bullish, but not too soon. I am not interested in selling the DarkCloudCover but I stand aside waiting for a daily resisitive candle to enter long with half position and ready to add another half if price closes above 1220. Then 1220 will become a key support and gold will go up. :-) I expect to see 1240 before the end of the month. What's yout...

RiccardoAnnoni

Target: 1.0875 If reached close half position and set stop to breakeven. If price prints a daily close above the blue rectangle (1.105) take your loss and go away til a resistive candle at 1.12 don't show up..

RiccardoAnnoni

Does the huge 200 pips pinbar wick suggest it is time to short EURUSD once again? :-) What do you think? I think there is some noise between 1.08 and 1.09 but eventually EURUSD will break lower. I will put more money at work at a daily close below 1.08.