christrader88

christrader88

Divergence is the most powerful leading tool we have. Negative divergence, look out for a sell signal shortly. Chris

christrader88

Look out USD/CAD could go higher this week, notice the divergence-although this has been weakened by low volumes. Looking to enter on the buy signal, when it arrives. Chris

christrader88

Eur/Cad currently at 1.4498, shows a possible bullish divergence. Notice the RSI achieving higher lows, yet the price continues down. A possible reversal is likely. Chris at TheTradingMentors

christrader88

Albeit slowly USD/CAD eventually reached our target of 1.2810. Patience, discipline is always required.. chris

christrader88

However, this trade continued upwards. But a good result nonetheless, with 2-1 risk reward and a 4% profit

christrader88

A buy signal confirmed a move higher was likely, our target 1813, gives us 2-1 risk to reward.

christrader88

Whilst the price of USD/CHF remains above .9259 this remains bullish. Above the 50 moving average, needs to break the trend line, and then could head for the R2 in the coming hours

christrader88

The GBP/AUD falls below the central pivot (bearish). Now the Renko candles shows a sell. Likely target 1.8800, S2 being major support area. Our long term charts also agree.

christrader88

NZD/USD is getting ready, if the US Dollar is to reverse (see previous post). The price action is rising, now broken the short term downtrend regression channel. Seems like the long term channel is to continue upwards Above the central pivot (.7000), above all moving averages; 200, 100,and 50. If it's to continue it will head for .7220 R2, although our buy...

christrader88

US Dollar is showing strength at the moment. Now hitting resistance area, in a downtrend. We await a break of the short term uptrend, should start to head for S1 (1870) within 4 days and 8 hours. WWW.THETRADINGMENTORS.COM

christrader88

EUR/USD could bounce off the 50 ma, and support area from here at 1.1837. Not confirmed yet. But once it does, could start heading for R1,R2 and even R3. Must move above the central pivot though.

christrader88

GBP/JPY holds above the central pivot (support). And all the moving averages, which shows strength potential. We await a signal, but could potentially go to R3. WWW.THETRADINGMENTORS.COM

christrader88

Eur/Jpy, now above the central pivot, which shows potential more upward movement. Above all moving averages 200, 100, and 50. Heading to R2 or even beyond to R3, potentially (we have to put that, don't we). www.thetradingmentors.com

christrader88

Above the 200, 100, and 50 moving averages, and above the central pivot. Starting to head for R3 121.00

christrader88

The central pivot is 1.3820, as long as the price holds above this, then we can expect bullish momentum. Then heading for R3.

christrader88

Oil price has now moved above the central pivot of $68.97, as long as this hold then could continue to $72.40 in the coming days. www.thetradingmentors.com gives Free Weekly Market Analysis

christrader88

We await the break of the consolidation area, above the 200,100,adn 50 moving averages. Also above the central pivot (.7101). The triangle formation shows the support area, a break would mean bullish momentum heading for R2 (.7285). Our targets for all pairs are posted in the free newsletter. Don't be shy: www.thetradingmentors.com

christrader88

In this chart we can see the price above 50, 100 and 200 moving averages. A nice swing setup, for another bullish move higher. We post all targets on our free newsletter = www.thetradingmentors.com I like triangles, and await the price to break higher for an accurate entry (I teach this in the course).