UnknownUnicorn3442968

UnknownUnicorn3442968

To be in correlation with the setup for EUR/USD linked below.

UnknownUnicorn3442968

We can take advantage of our existing bias for Euro to take EJ short after a retest is confirmed on the lower time frames of the bottom of the consolidation zone shown in the chart.

UnknownUnicorn3442968

The Euro has dropped steadily from the previous higher-low in the current long-term downtrend (1.11795). The weekly support of 1.1 is within 10 pips. Tomorrow and this week we'll be looking for longs at the key level of 1.1 Staying dynamic and not being stuck on one bias is key to seeing through the noise and trading the Euro in peace. If support is found, I...

UnknownUnicorn3442968

UJ Head & Shoulder: Buy-limit after retracement

UnknownUnicorn3442968 Updated 

Our short trade from last week has now been covered. We're currently floating +32 pips in profit and awaiting some price action to further this trade into profit. If you did not take this trade short from our suggestion last week (entry only given in Telegram) many opportunities are showing themselves for this week.

UnknownUnicorn3442968 Updated 

Entires provided in Telegram,

UnknownUnicorn3442968 Updated 

The times have changed for the retail trader, and in essence scalping and day, trading has, in essence, become a complete waste of time for the average person looking to make even a small gain in the FX market. In the last 6 years, day trading and scalping have become worthless strategies, only done by those who are ignorant to the situation behind the scenes that...

UnknownUnicorn3442968

Expectations for a break are to both the downside and upside. Confluences for a break to the downside is a weekly downtrend, key level of 140, and the retracement zone fo the longer term structure. For this, it's important to keep in mind how much different this cross pair is than say GBP/USD for example. No suggested entries as of yet, as it's only Monday....

UnknownUnicorn3442968 Updated 

Last night we closed our EN short and reversed our short term bias to long. We're currently long, floating +70 pips in profit.

UnknownUnicorn3442968

NU Daily Update: Short Bias

UnknownUnicorn3442968

Waiting patiently for a higher low around 1.32 for a possible long entry! Patience will be key! Looking like some really good trades are on the way! With this specific setup, being dynamic and flexible to price action in either direction is key. Remaining neutral in a setup is essential to hitting any opportunity that will come our way this week. Confluences...

UnknownUnicorn3442968

EG is pushing to the downside after being stuck in consolidation for sometime. Before reversals to the upside you usually see one more big manipulative push to the downside before rocketing up. It is still too early to tell if this pair is finally going to reverse to the upside, but we definitely need to keep a close eye on EG now that we have pushed below consolidation.

UnknownUnicorn3442968

EN: Weekly Target

UnknownUnicorn3442968 Updated 

Signals provided in our telegram for the entry this week, see linked charts below for this previous setup given

UnknownUnicorn3442968 Updated 

We'll be looking for long trades early in the week from EU, which will either be a short term or long term trade depending on how early and easily we can get an entry. As posted last week, our downside target of 1.1 is within 20 pips from current prices. The current long zone shown in the chart is supported by confluences including fibonacci zones and a key level...

UnknownUnicorn3442968

It's important to keep in mind previous price action when trying to assess both a currency pair and it's index at the same time. Let's not forget the freefall from the current all time highs through to 97, a drop of 2.5%. After last weeks run up through both of our targets, we are now expecting a retracement within the current structure for the DXY. We expect...

UnknownUnicorn3442968

0.69 seems to be a thick area of supply for Aussie ,we'll be looking to take AU short this week until 0.69 is broken. Last week's close for AU is key to looking for this bias. This next week we'll be looking for both sides of the trade.

UnknownUnicorn3442968

Taking a look at risk trends, not much has changed in terms of standings. However, lack of conviction in the equity markets is very high right now. Many of the bears from the last retest of the 2800$ floor from the last 2 months are gone, wiped out with every consecutively green daily candle. However, the most insecure traders right now are the bulls, constantly...