My last call on Crude smashed the target well above 1,000 pips, at the moment it is almost testing its multi months channel top, however trend still is very much strong, i am looking for a linear compression to be forming at the top of the channel. Expecting a correction there so I could look for sell setups, keep eyes on this market for a possible sell swing...
As we got an important data to be released NFP & CAD employment figures, so i am expecting USDCAD to dip towards uptrend line and thereafter making another high because bullish trend is still intact. Happy Trading.
EURAUD broke out the uptrend line and just retested. It is very much likely that the market will retest the lows. Momentum indicators supporting the view, i am looking for sell setups for a target to the lows.
Expecting this market to test the 11.78 area since short term momentum indicators are weakening that suggest for a possible upside, looking for buys here for the said target.
Expecting USDCAD to test the highs again, we got a low risk entry here at 1.3150, stops below 1.3110, i will keep the target open. Happy Trading.
USDJPY price action is like narrow range consolidation-I am looking the correction to continue higher to test the top of the trendline & a linear compression, thereafter for sell setups for a directional move. Keep eyes on this market. Happy Trading.
Cable just testing the downtrend line, i am looking for a strong breakout and a linear compression to take long position. Watch out this market. Happy Trading.
There is scope for the downside to continue since price action broke out the narrow range, whilst momentum indicators support the view, so i am looking to short this market for a target to the uptrend line. Don't forget to watch my webinar recording below. Happy Trading.
EUR/NZD testing the downtrend line and seems like the upside is limited and a possible correction is setting up. Short term momentum indicators support the view as well. If it forms a linear compression here, i'd recommend to look for sell setups for a target to 1.7100 or so. Happy Trading.
Looking for a short term pullback in EURNZD, watchout for the break of white line, stop above the highs whilst target 1.6970. However there is scope for more upside, this is just a pullback trade. Happy Trading.
My last call for long Euro still in, whilst looking to build the position now as EURUSD had an expansion bar in London session, i am expecting that the upside is likely to continue till 1.1950, looking for buy setups here whilst trailing the stops with green line tracking below the price bars. Join my webinar this Sunday for a $50k to $115k trading challenge that...
USDCAD reached an area where I was looking for sell. Price action has slowed down whilst momentum indicators are suggesting for a pullback to come in, so i am looking for shorts here. If you have your trading strategy, check this out. Happy Trading.
In my previous call for shorting the crude for a target to 61.94, I was short at 66.94, banked half position at 63.89 today, but I am wary of the momentum to be turning around-which i quite likely signalling a reversal to be setting up. So I am looking to buy setups here but i need to wait for the correction before I put any order in. Keep an eye on this market....
Gold broke its major support area and trending lower with a linear compression pattern underway. Momentum indicators are suggesting more downside towards Dec 2015 uptrend line over the coming days or so. Looking for sell setups around 1307 area for a target to 1250, whilst stop above 1325.
Euro just broke out today-i am looking for a pullback to get long position for potential target to 1.1950, whilst stops below 1.1505. Still larger degree picture is bearish-ST momentum indicators just turning so i want to give it a try if it works for me. Happy Trading.
My previous call on S&P500 longs around 2692 almost have met the target of 2800, not yet hit that level but almost reached it. We may see it may test that and roll all the way back. For now- it seems like it is likely to complete the correction and i am expecting a big move to be setting up to test the lows over the coming weeks or so. So i should be looking for...
As in my previous outlook I called for shorts at 1307 area, I am still expecting the trade to run for the target, but i am looking for correction at the moment, i would suggest to look for sell setups on this market-mine have shorted at 1304, would be adding to my position. Checkout the link below this idea for previous Gold. Happy Trading.
EURUSD is just holding the weekly trend line which is pretty much in play-I am expecting Euro to bounce from this area for a corrective move up to then start of fresh falls. Look for buy setups here at 1.1595 with stop 1.1539, expecting the target around 1.1950 Happy Trading.