fionnablack
USDCAD has hit an area previously tested with an expectation of continued upside strength. If the price breaks 1.3466 I would expect a strong sell off. DISCLAIMER: Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Idea: Expecting further short pressure & possible price retest of recent long entry in the next session. Pros: Further downward pressure could return the price to extend the 4hr trend. Cons: The breakout short from NFP figures can be whipsawed if not managed tightly on Monday. DISCLAIMER: Please note I am only providing my own trading information for insight to...
Idea: Testing strategy against the trend using OBOS and stacking time frames. Using a 15min short retrace to predict maximum profit potential on long 30min trend. Pros: Perfecting the entry will maximize the profits for the up trend. Cons: The 1hr trend could pull the retrace lower than current 30min SL target. DISCLAIMER: Please note I am only providing my...
DISCLAIMER: Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Idea: Testing strategy back into the trend using OBOS and stacking smaller time frames. Fibs are specific to smaller time frames than currently used. Pros: Perfecting the entry could add further prescision to next downtrend. Cons: Currently seems unable to scale the strategy any smaller than 1/4 time of the current OBOS. eg. 3hr OS retrace on a 45min...
DISCLAIMER: Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
DISCLAIMER: Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
DISCLAIMER: Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
DISCLAIMER: Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Idea: Testing strategy against the trend using OBOS and stacking time frames. Vertical purple line represents expectation of trend strength long. Green horizontal lines are an estimation of maximum price strength and longer term term downward pressure. Pros: Perfecting the entry will maximize the profits from the previous down trend. Expected trend highs could...
Morning short scalp to 1.48626
Entry target at 1.00644 or higher to short back into trend.
Selling all strength north of 1.35256 back into trend.
Pound returning to strength after sharp decline. Buying all further dips south of 1.2966
Selling strength now at 83.50. We are currently north of 83.425 first entry zone. Selling further break longs at 84.18, 84.47, 84.77, 85.13. Taking profit zones at 76.05 and 75.25.