Topper-Signals

Topper-Signals

It seems that JPY will be highly likely to be bullish today (i might be wrong); but if it plays out, then we can look for a potential short opportunity on AUDJPY if it breaks out of the identified support level. We will then open a sell position. If the setup is valid, then we will have ourselves a high probability trade with a good risk to reward ratio....

Topper-Signals

Before you carry on reading, i do want to draw your attention to the fact that this is a risky trade with a lower risk-reward ratio. So if you really want to follow this trade, then i will advise to manage your lot size appropriately. Moving on, i believe that we see a higher possibility for GBPUSD to move lower given the seemingly weaker GBP momentum today. If...

Topper-Signals

We see prices testing previous support turned resistance at current price level. My previous target on NZDUSD has been reached, and now i am looking at this pair with a "fresh pair of eyes". From the price action, i am more inclined to believe that prices should breakout from current resistance. In the event of a breakout, i will open a long position on pullback....

Topper-Signals

EURNZD has just recently broke out of my identified structure level. Next, i will place a sell limit order as indicated on the charts. The SL will be slightly above the previous swing high while the TP will be at the previous low. Let us wait and see what happens.

Topper-Signals Updated 

NZDUSD have broken out of a minor support i identified. I have opened a short position from the pullback after the breakout. Risk-reward ratio is slightly lower as i believe there is a higher probability of catching this short move to the upside. Trade SL is placed below previous swing low as a break of the low will invalidate the structure i identified. Let us...

Topper-Signals

Personally, i have a bullish bias on this pair. However, i will let the price dictate the positions i open rather than my emotions. I am waiting for either a breakout of the trendline and support before buying or selling on the pullback. For now, we just have to wait and see.

Topper-Signals

While i am still waiting for my long term play on GBPAUD. I have identified a short term trading opportunity. As seen from the movements showed by the green arrows, i am waiting for a breakout of the short term purple rising trend line before looking to sell on a pullback. This trade has a higher probability of succeeding since we will be trading with the long...

Topper-Signals

I think this is an interesting setup that will bring us a high probability trade if it plays out. Currently we are on a long-term rising trend. I am looking for price to break above the identified purple short-term trend to look for long opportunities. TP can be set at previous swing high. I believe this to be a high probability trade because we are trading with...

Topper-Signals

AUDUSD is still currently in a indecision range right now. I will be quite hesitant to enter the pair as of right now. Instead, i will wait for a break out of the identified trendline and structure level (as indicated by the rectangle), before buying or selling the pair. This will be my long term strategy. In the short term, i will look for a break out of the...

Topper-Signals

After one successful trade on EURAUD (see my previous post), I believe there is potential to re-enter the trade again. Currently both the daily time frame and 4H time frame show a stronger bearish momentum. Furthermore, the price is currently lower than the 200 EMA which points us towards a down trend. Thus, i will look for short opportunity after it breaks out...

Topper-Signals

While i am not taking any open positions for GBPAUD yet, i believe there is a potential short opportunity for the pair and it is definitely worth to be put on our watch list. I will look for a price breakout towards the down side before opening a short position on pullback. While the risk-reward ratio is not ideal, i believe it is compensated by the fact that it...

Topper-Signals

USDCAD has been on a roller coaster the past 3 days as prices shot up before moving down during the last US session. It seems as a result of the downward move, the pair is now leaning towards the bearish side. We see prices trading below the 200 EMA and on the daily timeframe they have formed a series of lower highs and lower lows. If this structure continues to...

Topper-Signals

This pair will definitely be in my watchlist today. It is currently ranging in a triangle formation. I think there is a strong probability of a successful trade if it breaks the short-term rising trendline and move to wards the downside. It helps that the price in relation to the 200 EMA is currently showing a strong downward momentum. Thus a short position will...

Topper-Signals

EURAUD seems bullish yesterday thus this might be a riskier trade. Manage your lot size carefully. I have initiated a short call as i see a minor break of the short term (1 hour) rising trendline. There is scalping potential to gain some quick profits. TP and SL have been narrow as it is trading against the recent trend.

Topper-Signals

Currently in an indecision zone, i believe we will have to see the reaction of prices during this period to determine the position we should take with AUDJPY. This trade can go either way and i am posting this so all my viewers will have the opportunity to prepare for a high probability trade. Personally, i will prefer a break towards the down side and then take...

Topper-Signals

My larger play for AUDUSD is still running. However, in the short term, i believe there is a long opportunity at the current price level. This is because of the fact that it is currently at the rising trendline while resting on the 200 EMA. This is a very risky trade and i demanded a better risk-reward to take on this trade. Manage your lot size wisely and all the best !

Topper-Signals

I like this trade in particular as it gives us quite a high probability for being correct. It is currently trying to break out of a horizontal support while following the general downtrend. Thus, i will open half a lot size (for aggressive traders) and the other half when it completes its breakout and sell on pullback. Also happy that it has a good risk-reward ratio

Topper-Signals

Unfortunate that i forgot to mark down an alert for USDCHF. Had a perfect break towards the downside with great risk-reward; but i missed it. Oh well. Next, we are looking for a pullback; hopefully to the level i identified so that we still have a chance to catch the down move. I believe this to be a high probabilty trade if it is activated (thus the lower...