


WFFX
Morning traders, first one on my watch list for today, EURUSD printed an hourly lower low yesterday, it has now retraced to an area of interest at previous level of structure, support turned resistance. Awaiting a reversal candle stick pattern.
AUDUSD awaiting a break, we seen to have 4 tests of the 0.733 level which price was unable to break.
Evening traders, how are we all? A weird week last week, with some ranging pairs, no real commitment in direction. But it was an interesting week to be apart of. Moving on to next week which is fast approaching going over some long term analysis on higher time frames.
Evening traders, bit of a slow week for me but keeping an eye on this one, switched my bias from shorts after a new hourly higher high and break of downward trend line and breaking the Daily, 4 hourly and hourly 50ma.
Morning traders, some really nice moves lining up for the week ahead. Something I'm keeping an eye on, potential head and shoulders forming, and a continued push to the upside after the break out of the downward trend line. important with this one to keep an eye on each currency's leg pairing, so AUDUSD and EURUSD and DXY to give us an indication on where the...
Morning traders, hope everyone is having a good weekend, little bit of weekend analysis, ready for the week ahead. Looking at GBPUSD, which is respecting the upward trend line for now, I want to wait to see what price does as it retests the trend line. A break or continuation? I am planning for both a long and short set up as for me its unclear where and how...
Morning traders, hope everyone is having a good week, quiet week so far for me, but eyeing up this one. We have some really nice confluences for further downside movement, but lets see what price shows us and see how it reacts to the 4 hourly 50ma once again.
Evening Traders, crazy week last week and hope everyone kept to good risk management as some big and unexpected moves. Expecting some more of the same this week, as we've seen with the Yen pairs today, the Yen taking a big hit and Gold as well falling off a cliff. Setting up for another interesting one. So moving onto AUDCAD; On the Daily and 4 Hourly, we have...
AUCAD awaiting to see which way this one wants to go, we have had a break of the downward trend line but will it stick? We have not yet had a higher high. Two things I'm looking at and how I would play it. I'm bowing out of this week with a small profit, I'm just going to be watching from the side-lines for the rest of the week with price being driven by news and...
Evening traders, hope all is well. A messy chart but something I'm looking at closely, with a very bearish impulsive move through end of last week and yesterday and we had a little rally for the Pound today, and I'm looking for further moves to the downside. Awaiting confirmation of the reversal, lets see what we get, we may push straight up from here after a...
Morning traders, awaiting a retracement for USDCHF into one of our key Fibonacci levels and looking for reversal candle stick patterns. Lets wait and see what we get, It may not be the 0.5 fib, its just to show a scenario of what I'm looking for.
I think we will get some Yen strength this week, so something on the radar, EJ Short, we have now printed a lower low, so I am anticipating a retracement up to one of our key fib levels which I will be looking for reversal candlestick patterns for a further push to the downside, targeting previous lows.
Morning traders, huge week this week, with England, Wales, France and Belgium all being plunged into a second Covid 19 Lockdown with rising infection figures. Tuesday 3rd November we also have of course the US Election day, the result may be out a little later than previous years and so we may have to wait a while for confirmation, I'm sure there is going to be...
Evening, again another week quickly coming to an end with Friday fast approaching, a lot of trades I'm looking at are potential next week trades, but I am looking at a AUDCAD Short, a continuation trade to the downside. After a rejection off the downward trend line with a 4 hour evening star and a more recent bearish engulfing. Along with a 0.5 fib level...
GU very bearish today with a break of the upward trend line and a retest, with price forming a new lower low. Could we see further downside or a move back up and a fake out? Lets see what price does.
Evening everyone, managed a 4% short today, with price seeming to be retracing slightly, so now looking for the next wave in the cycle and the next lower high using key fib levels after the most recent lower low being formed for further shorting opportunities. Will we get a retracement? or will it fall straight from here? lets wait and see what price does.
Again fitting in with my previous post with CADJPY Short, we're looking for USDCAD Long. After printing a higher high and looking for a retracement into a key fib level on alert for reversal candle stick patterns.