SCARY18
Price has been fluctuating between two price points for more than a week. made a break. but is struggling to make strong breaks to the upside.
Took a Short trade on EURUSD on a Piercing Trade with a strong push going down. 45 pip stop loss. No TP determined but a trailing stop loss is placed to maximize profits and reduce risk.
USDJPY has made a falsbreakout out of the rangine zone between 130.266 and 129.830. But looks like it is now making an upwards move. I am taking a 38 pip trade with a stop loss of 5 pips below to low. Holding on till the market turns on me
USDCAD has may small breaks and retest. I am entering on this retest on previous support. Hoping for a strong push upwards. Stop Loss placed 5 pips below. Moving stop loss in order to catch as much profit as I can.!!
Sell on EURUSD. EURUSD has made significant movement towards the downside. So I am trying to capitalize on all movements even small ones. Retouch entry with 39 pip stop loss above High.
Quick Retouch with a strong bullish candle printing. I am going long on this one. Stop Loss set 5 pips below anticipated low
USDJPY has been ranging for about 7 days, Between 125.989 and 125.170. USDJPY had a false breakout on April 12 but quickly came back to the ranging zone. USDJPY broke out again with a quick retest where I placed a Buy stop right above with a 31 pip Stop loss. I will move my stoploss based on market structure so no profit target in mind.
USDJPY BUY. USDJPY was going up in price. Had long wicks. But still seems like it wants to push more upward. I entered on a retest on previous high. SL placed 5 pips below and TP is determined on price.
Sell Entry. EURUSD had a strong push down, breaking a previous resistance. Changing the dynamic to be in a sell side. Right now a Evening star pattern printed in which I will enter right below with a 30 pip stop loss. We will wait and see how far this will go or possibly even reverse on us.
Just like I planned over the weekend. USDJPY broke down and is now testing a resistance or previous support. Lets hope it will fly down
Retest of a structure. Provided with a morning star formation. I took a good trade with about 15 pips in SL. Hoping to hold this for about 3 days :)
Feeling Bullish on USDCAD. Seems like a retest of prev High. Hopefully we can get a stronger pusher this week. But if USDCAD wants to go down. We have support to enter on.
Weekly Outlook. EURUSD had a strong push last week. Are we ready for a retracement or are we going to continue down.
Last Week USDJPY was very Bullish making a strong move early last week. But USDJPY is showing signs that it may be heading downwards. As noted in my chart there was a break of a low and a retest which rejected but was cut because of market close. I am hoping that it will continue down and hopefully give me a spot to enter
Retest on USDJPY. Time for a sell. USDJPY was ranging in a specific price zone and broke resistance just few hours earlier. I entered on a strong bearish candle hitting the exact zone. Hoping to get in with a sell stop. Stop loss placed approx. 5pips of high
EURUSD was ascending after making a large drop in price. Today EU broke the acesending channel and made a bearish candle. I enterred right below the bearish candle. With a stop place approx. 5 pips above the high. Hopefully EU will make a big move downwards and continue to the trend it was making previously.
Decided to take a short on EURUSD as it broke the HL that was created from the ascending channel it was making since yesterday. It retested but quickly rejected with a bearish candle with a body but little to no wicks. I set a sell stop at 1.5595 so I may be entered more safely and with a 1% stop loss placed right above market structure
Recap: FX:USDCAD made some strong strides down, while ending with strong bearish candles this Friday. It should be expected to continue next week possibly starting off with a retrace and possible retouch and continuation. Strategy: Red : If price decides to not continue, but rather make another strong bearish run. Then I will wait for a pull back or for price...