alectrade1

alectrade1 Updated 

AUDUSD had been stuck in a huge range for a while. We may be moving into a support area soon, and ill be looking to buy up S2 weekly if price does move into the green support zone. Looking to buy up 0.7541 with stops below 0.7490.

alectrade1

Just hit targets on the short. I have swung the trade to the long side with this bullish Cypher coming in right on top of daily support levels at 1.0050. We have a better price than the original cypher entry, so i jumped in at market.

alectrade1 Updated 

AUDCAD is trading back into a daily resistance level. We have an Active daily Cypher pattern as well as a ABCD completing inside the zone. Ill be looking at shorting the R1 Weekly pivot level at 1.0330 stops above 1.0400. Target at 38.2 cypher targets 1.0070

alectrade1 Updated 

Even though im still holding a portion of the short (see earlier posts) im looking to get long S1 weekly pivot at 1.3952. First target 1.4080. From there looking and possibly continuing the bullish 4H trend. If it fails we may have a continuation of the larger weekly bearish trend and the short will be good.

alectrade1 Updated 

Have a large daily HnS here, which may be signaling a bottom here. Patience may be required but i think the green shadow box may be an area to look at buying opportunities in Oil. Keep you posted.

alectrade1

The USDJPY continues to make lower lows and highs. The break and close below 111.60 has suggested that the bullish price action from trumps elections may be fading and that the 'safe haven' JPY may be coming into play as uncertainty looms over Donald Trumps failed health care repeal. If this proves to be the case i will be looking to short any rallies back into...

alectrade1 Updated 

Bullish Cypher setting up on AUDJPY. Looking to buy up long opportunity from 84.70.

alectrade1 Updated 

With the close of this 1H candle we have a good looking Double Top on EURAUD smack on the levels we shorted yesterday. The double top gives a great risk reward of 3:1 down to Weekly PP. Nice trade.

alectrade1

Coming into the 61.8 ret on the daily chart. This is lining up with a previous high (resistance level) on the 4H. Using Weekly R1 as the entry. Now short at 1.43.

alectrade1

Bullish Gartley on 60min chart. Good looking opportunity to buy this pair up if market moves back into 1.3290's. Gartley entry is also lining up right on top of weekly S1.

alectrade1

Bullish BAT pattern on NZDUSD Entry 0.6985 Stops 0.6951 T1 0.7022 T2 0.7048

alectrade1 Updated 

Looking to buy up EURJPY at 119.52 on Weekly S2. Looking for an initial move to 120.25. There is some overhead resistance coming off the previous Cypher short on the daily chart, but i do think we should get small pop inside the green buy zone.

alectrade1 Updated 

1H Cypher setting up (Check your data for 38.2 AB retracement). The Cypher is completing inside that large Daily support zone. A good Cypher opportunity or a chance to build a longer term position in Oil off this larger technical support.

alectrade1

Got a great entry short on Weekly R1 on the AUDCAD (see past post). Price is coming into some potential support at 1.0230 and 1.0200. These levels are worth keeping an eye on.

alectrade1 Updated 

We have a solid range built on GBPUSD. The GBPUSD is long tern very over sold and in my opinion due for a move higher. Looking to buy S1 pivot and the S2 pivots (if S1 fails) at the bottom of the range for a move higher. S1 is 1.2100 Stops below S2 S2 is 1.2033 Stops below S3

alectrade1

Bullish cypher 15 min

alectrade1

Buy on GBPUSD at 1.1.4139

alectrade1

Bullish Cypher on 15min