OANDA:NZDJPY Nice Retracement Into 61.8 Area then retest of Trendline. On a 4H Timeframe there is also a MA Rejection and Bullish Candle pattern. Will be taking this long to the 27.2% extension target
USDCAD A.k.a The Loonie Has some Further Downside Potential. After the 160+ Pip move Last Friday on Strong CA Data and Weak US Data, We saw a huge sell off and a slight pullback. On the Hourly Timeframe we have a MA Cross and A Clean Break of the Trendline. I already have some Short Running and have now added to my positions hoping to achieve the Target 2 which...
I have been looking for a pair to Focus on Sundays Nights as a potential Trade Pair for achieving 15-30 Pips after the Open. NZDJPY looks to be a great option as the potential Daily Volitatility stands at around 100+ Pips. Being that New Zealand and Australia overlap with the Asian Sessions around 9:00PM EST, I believe this pair to hold the most potential for...
FX:AUDUSD Awaiting A test of this channel Support to Take the Aussie Long to A Res Level
FX:USDJPY Tried Shorting this Guy Multiple TImes but was Proven Wrong :( With the 4H MA cross to Upside, I will be looking for Longs on a smaller timeframe in and around the 38.2 Region. Retest of 113.00 Handle will dictate direction
Shorting USDJPY Once Again. Stopped out on a previous Short But Price Has shown A nice Clean Rejection Wick on A Daily Timeframe. We also have an MA Crossover and Break of Trendline. Tighter Stop Placement on This Trade this time around. NFP Tommorow! Kicking off 2018 The Right Way!!!!
Clean Break On MArket OPen on 2018. Will We see Eventual DOllar Decline further into 2018? I think So TVC:DXY
FX:EURUSD Euro Finally Broke out of the Consolidation Regions of 1.1700-1.1800 and Is set to Make Higher Highs on its Bull Run in 2018. On an 1h Timeframe we are seeing some Channel Resistance keeping Price Tame. More Recently, we have had a 1H Bearish Closure below the 6 EMA Showing some Bearish Actions. I will be Looking for longs around 1.1925 or at the...
FX:USDCAD Massive Selloff in the Loonie from the Trading Range of 200 Pips following Positive Canadian Data and Weak USD GDP Fiqures. Price has Sold of Consistenly for 5 Days and could be due for a pullback. on an 1H Timeframe we have a cross of the Moving Averages to the Upside and a 4H Bullish Engulging Candle. Price is still however Stuck within a Channel...
FX:USDJPY On the Yen we Have a Clear Break and Retest of the Ascending Trendline. On a 4h Time frame we also have a cross of the Moving Averages to the Downside telling us of Bearish Actions. We have a series of Lower Highs and an Incomplete double Top Formation as well. I will be Looking to Enter on an Hourly Timeframe when and If I can see Bearish Action...
KRAKEN:XRPUSD Ripple Overtook Bitcoin as the 2nd Largest Cryptocurrency By Market Cap. As Such We have seen a great influx of dumb Money into the market While I myself am skeptical of Ripple as it is essentially under banks control and the company developeing ripple is currently being sued for $1 Billion USD, the Fact Remains that we Could indeed see ripple...
COINBASE:BTCUSD Nothing Goes Up Forever! Bitcoin had its run now bears are in control. With so Much money flooding into the Crypto Market, the Dethroning of Bitcoin is going to happen! Will Ripple Overtake Bitcoin? Only Time will tell! Moving AVerages have crossed to downside on Bitcoin indicating Bearish Momentum. Price Targets to the downside are 7500 and 5000....