HELLO ALL, EURUSD PUSHED HIGHER TO THE WEEKLY TREND LINE BUT IT WAS AFTER IT GAVE A BREAK TO THE DOWNSIDE FROM 1HR TREND LINE JUST UNDER THE .618 FIB. LOOK FOR THIS PAIR TO BREAK OUT HIGHER FROM WHAT LOOKS TO BE A FLAG PATTERN ON THE 1HR CHART. LOOK FOR PRICE ACTION AND LISTEN TO YOUR FUNDAMENTALS. IF THIS PAIR DOES BREAK, LOOK FOR LONGS TO THE 1.1440 AREA,...
HELLO ALL, AUDUSD NEEDS TO BREAK .6900 SUPPORT TO FOLLOW TO 4HR TREND LINE. THE PAIR IS CURRENTLY IN THE .6950 AREA WHICH IS ACTING AS SUPPORT AFTER IT JUMP UP FROM .6900. ASIA MARKET, LOOK FOR IT TO BREAK .6950 DOWN TO .6900 AREA AGAIN OR WATCH THE PAIR BREAK OUT HIGHER TO THE .7040 AREA AND POSSIBLY BREAK FROM WEEKLY TREND LINE EVEN HIGHER. LOOK OUT FOR PRICE...
HELLO ALL, LOOK FOR MORE SHORTS ON AUDUSD, TRADE TALKS ARE MAKING AUSSIE SHAKY. LOOK FOR PRICE ACTION AFTER A SMALL RETRACE. GOOD LUCK TO ALL!!!!
HELLO ALL, WHOEVER TOOK THAT TRADE OFF OF THE WEEKLY TRADE LINE, GOOD FOR YOU! 100 PIP DROP ON A TRADE THAT SHOULDN'T HAVE BEEN MORE THAT 15 PIPS OF RISK. RIGHT NOW, EURUSD IS AT THE .50 FIB RETRACE ON THE 1HR AND 4HR CHART AND IS CURRENTLY ABOVE THE 1HR TREND LINE WHICH IS AT ABOUT THE .618 FIB. FOR THIS COMING TRADING WEEK, LOOK FOR PRICE ACTION EITHER FROM...
HELLO ALL, AUDUSD WAS REJECTED FROM THE 1HR TREND LINE AFTER POSITIVE USD DATA. THE PAIR IS JUST UNDER THE WEEKLY RESISTANCE, OVER THE 4HR TREND LINE AND OVER EXTENDED ON 4HR AND DAILY RSI. LOOK FOR THIS PAIR TO PUSH LOWER IN THE OPENING DAY OR DAYS OF THE TRADING WEEK. LOOK FOR PRICE ACTION FROM THE PREVIOUS LOW AND LISTEN TO YOUR FUNDAMENTALS, GOOD LUCK TO...
HELLO ALL, GBPUSD HAS BEEN MOVING HIGHER NICELY. IT HAS REJECTED OFF OF THE DAILY RESISTANCE. THIS TRADING WEEK, LOOK FOR PRICE ACTION TO THE DOWN SIDE TO ABOUT .50, .618 FIB ON 4HR CHART TO FORM A HL. KEEP A LOOK OUT ON THE FUNDAMENTALS FOR THE WEEK ALSO. GOOD LUCK TO ALL! PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
HELLO ALL, NZDJPY SEEMS TO BE AT A DAILY RESISTANCE AREA WHERE IT REJECTED AT WEEKS END. THE PAIR IS IN AN AREA WHERE IN 04TH FEBRUARY IT STARTED A SIDEWAYS TREND THAT BROKE OUT LOWER AROUND THE 25TH OF FEBRUARY. CAN THIS PAIR DO THE SAME THING BEFORE BREAKING OUT HIGHER? FOR THE TIME BEING, LOOK FOR THIS PAIR TO RETRACE SOME BEFORE MOVING UP TO THAT RESISTANCE...
HELLO ALL, LAST NIGHT I POSTED ON THIS PAIR. THE BREAKOUT HAPPENED AND THEN CAD CAME OUT WITH POSITIVE NEWS THAT MADE THE PAIR GO HIGHER AFTER ROAMING AROUND THE 81.20 AREA. THE BREAK OUT HAD A 90 PIP RUN WITH WHAT COULD OF BEEN ROUGHLY A 20 TO 25 PIP SL, A VERY GOOD RISK/REWARD TRADE. CADJPY IS CURRENTLY IN A FLAG PATTERN ON THE 30 MIN CHART AND LOOKS AS IF IS...
HELLO ALL, CADJPY FANS, LOOK FOR A BREAK OUT FROM LAST HIGHS. KEEP AN EYE ON IT. PRICE ACTION, GOOD LUCK TO ALL! PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
HELLO ALL, AFTER A VERY NICE LONG OFF OF THE 1HR TREND LINE LAST NIGHT, EURUSD HAS GONE UP ALMOST TO THE WEEKLY TREND LINE WHERE IT IS NOW OVER EXTENDED ON THE DAILY RSI. IN THE TIME BEING ,BEFORE TOMORROWS USD DATA, LOOK FOR SHORTING THE PAIR OFF THAT TREND LINE WITH A VERY TIGHT SL THAT WILL GIVE YOU A NICE RISK/REWARD TRADE. LOOK FOR PRICE ACTION OFF OF THE...
HELLO ALL, I AM LOOKING TO SHORT THIS PAIR. LET SEE HOW PRICE ACTION REACTS IN THE ASIA MARKET AFTER FUNDAMENTALS. PRICE TOUCHED THE TREND LINE ONCE, IF WE GET NICE PRICE ACTION OFF OF THE TREND LINE AGAIN, LOOK FOR A SHORT TO ABOUT THE .50 FIB, SUPPORT. IT IS AN AWSOME RISK/REWARD TRADE IF PROPERLY EXECUTED WITH A SL NOT MORE THAN ABOUT 10 PIPS FROM PREVIOUS...
HELLO ALL, I AM LOOKING AT THIS TRADE. LOOKS AS IF EURUSD MIGHT TOUCH 1HR TREND LINE AND KEEP MOVING HIGHER. DXY IS MORE THAN LIKELY RETRACING TO ITS 1HR TREND LINE AND THEN PUSHING LOWER. LOOK OUT FOR PRICE ACTION TO ENTER LONG ON A GOOD RISK/REWARD TRADE. GOOD LUCK TO ALL! PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
HELLO ALL, BACK IN MAY 23, I POSTED ON CADJPY MOVING HIGHER AFTER THE DROP AND THE PAIR ROAMING AROUND THE WEEKLY SUPPORT. SINCE THEN CADJPY HAS HAD A NICE BULL RUN. NOW THE QUESTION IS, DOES IT BREATHE AND RETRACE OR CAN IT KEEP GOING HIGHER. THE WEEKLY SHOWS THE PAIR MORE THAN LIKELY MOVING HIGHER TO ITS WEEKLY TREND LINE AT ABOUT THE 84.00 AREA, AS IT STILL...
HELLO ALL, BTCUSD HAS BROKEN OUT THE SYMMETRICAL TRIANGLE I HAD LAST WEEK. LOOK FOR SMALL RETRACE TO MOVE UP FURTHER. MY VIEW IS BASED ON DXY RETRACING BEFORE IT PUSHES LOWER AS IT LOOKS THAT LIKE THE DXY BEARS CAME OUT TO PLAY. GOOD LUCK TO ALL! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, USDCAD, LOOK FOR A RETEST BEFORE GOING LOWER. 4HR CHART OVER EXTENSION ON RSI FOR DAYS NOW. LOOK FOR PRICE ACTION AND LISTEN TO YOUR FUNDAMENTALS. GOOD RISK REWARD RATIO IF ENTERED PROPERLY, GOOD LUCK TO ALL! IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
HELLO ALL, EURUSD, LOOK AT THIS POSSIBLE MOVE ON THE CHART. 1HR CHART LOOKS AS IF IT WANTS TO TOUCH THE TREND LINE BEFORE IT GOES HIGHER. 15 MIN CHART SHOWS A POSSIBLE H&S PATTERN. LOOK FOR PRICE ACTION TO THE 1.1110 AREA. 4HR CHART LOOKS AND HAS LOOKED OVER EXTENDED FOR A WHILE NOW. WE MIGHT HAVE A RETRACE LOWER TO THE .50 FIB AREA WHICH IS UNDER THE 1HR TREND...
HELLO ALL, EURUSD SEEMS TO HAVE POSSIBLY FORMED A DOUBLE TOP ON 4HR. IF IT IS CONFIRMED AS THE TRADING DAY/NIGHT GOES BY, SELL TO .50/.618 FIB ON 4HR CHART, TRAIL YOUR STOPS. ONLY IF THE DOUBLE TOP IS CONFIRMED, LOOK FOR PRICE ACTION. GOOD LUCK TO ALL!!! KEEP AN EYE ON DXY, LOOKS TO BE FORMING A DOUBLE BOTTOM TO RETRACE ALSO, GOOD LUCK! IF YOU LIKE PLEASE GIVE...
HELLO ALL, AUDUSD, I ENTERED A TRADE WITH A SMALL SL EARLIER WHERE IT HIT MY SL, 12 PIPS. CHINA COUNTERED TRUMP ON THE ONGOING TRADE WAR AND HONG KONG, FOLLOWED BY MIXED US DATA AND GLOBAL POSITIVE ECONOMIC OUTLOOK, PUSHING THE AUSSIE HIGHER. WITH THE PAIR TRENDING HIGHER POSSIBLY TO THE .7000 AREA, LOOK FOR SHORTS THROUGHOUT THE WAY BEFORE GOING HIGHER. RIGHT...