laughingchartist

laughingchartist Updated 

Short GBPUSD Entry: 1.2274 SL: 1.2356 Price holding below its natural moving EMA of 21 period. Further, price is also holding and reacting below descending trendline resistance. With MACD below 0, in a bearish environment. I expect price to drop further towards my target.

laughingchartist Updated 

Short GBPJPY Entry: 136.810 SL: 138.680 Clean, Simple, Concise. That's how I like my charts. Price has been trending downwards. Despite price gapping lower and making a new low, price came back to cover the gap. This was to be expected as gaps are generally covered. This provided me for a re-entry to go with the trend. I currently see price forming sort of a...

laughingchartist Updated 

Short EURNZD Entry: 1.771350 SL: 1.775520 (Decided not to put TP because I believe trading should always be focused more on where we could possibly go wrong) This would be an intraday short. I am of the view that we should see a bearish drop towards my final TP. Price has been drifting lower since the start of the month. Though on the longer term view, i...

laughingchartist Updated 

I expect SGX in the short term to pull back towards 8.70 as long as it is holding below 9.38. After which, we should see a bounce reaction from 8.70 towards the alternative case target at 9.75. Essentially, this is 2 trading ideas in 1. Part 1: SGX to push down towards 8.70 Part 2: SGX to bounce and move higher to 9.75 thereafter. Reason being that price is...

laughingchartist Updated 

Sell on strength Buy: 52.75 SL: 53.65 Price expected to pull back towards 61.8% retracement (entry) before breaking below ascending trendline support and then continuing the drop towards 50.55 level. Price is below what I call the natural moving average and MACD seems to be turning downward, heading into bearish territory as well. Cheers.

laughingchartist Updated 

Long NZDUSD Entry: 0.66195 SL: 0.65820 TP: 0.66800 Price testing 61.8% Fibo retracement level and also ascending trendline support. Breaking above descending trendline resistance will see price explode to the upside target of 0.6680. Trade safe everyone. Cheers.

laughingchartist Updated 

Buy EURUSD Entry: 1.11305 SL: 1.11110 TP1: 1.11599 TP2: 1.11754 Price made a new higher low and is now above EMAs. MACD looks to also cross above the 0 level and set to enter bullish territory. Risk reward isn't exactly attractive for me, so i'm risking a small amount on this trade. TP is determined by Fibo retracements as seen on the chart. Cheers. Please do...

laughingchartist Updated 

Long Silver Price coming back to test ascending trendline and Fib retracement 61.8% Good level to enter to play a push up.

laughingchartist Updated 

LONG USDJPY Price is above EMAs and MACD is also approaching and seems to be crossing above 0. Price is also holding above a short term ascending trendline support. I will enter on pullbacks and targets are based on key Fibo retracements. Very nice R/R as well! Please DYODA (Do Your Own Due Analysis)

laughingchartist Updated 

Short GBPJPY Price testing descending trendline resistance and close to 61.8% Fibo Retracement. MACD is in bearish territory as well. Please DYODA (Do your own due analysis)

laughingchartist Updated 

SHORT EURUSD Reacting right below key Fibo Retracement level Also testing short term descending trendline resistance Momentum Indicator RSI testing resistance. Take profits also line up with Key Fibo levels

laughingchartist Updated 

Short EURUSD Trend reversal confirmed on the 1H chart. Awaiting a pullback to short and play it lower.

laughingchartist Updated 

Long Venture Entry: 15.50 TP: 17.40 SL: 15.25 Price reacting above ascending trendline support. Price also holding above both short and long term EMA MACD also entered bullish territory. Price needs to surpass 16.10 in order to validate a clear bullish rise.

laughingchartist Updated 

Short USDCAD Entry: 1.31535 TP: 1.3108 SL: 1.3176 Market below EMA and also reacting below descending trendline resistance. MACD also starting to show a bearish crossover. This is just a short term trade however.

laughingchartist Updated 

Short EURUSD Entry: 1.11675 TP: 1.1114 SL: 1.1183 Long EURUSD Entry: 1.11235 TP: 1.11820 SL: 1.11040 First time trying this. 2 trade ideas in one chart. OVERALL BULLISH BIAS Market testing resistance and also in a strong supply/demand zone (grey box). A short term drop is expected. Market expected to drop and test ascending trendline support where we can...

laughingchartist Updated 

LONG AUDUSD Entry:0.68815 TP1: 0.695 TP2: 0.698 SL: 0.6858 Look to long AUDUSD on any pullbacks. Market holding above ascending trendline support and also EMA. I've already protected my initial position.

laughingchartist Updated 

Short BCO Entry: 61.48 TP1: 61.02 TP2: 60.04 SL: 61.87 Price is now below what i call it's "Natural Moving Average"© MACD momentum is starting to turn down showing possible bearish-ness. Breaking below trendline support (TP1) will open further drop towards TP2.

laughingchartist Updated 

LONG EURNZD Entry: 1.75500 TP1: 1.76870 TP2: 1.77550 SL: 1.74695 Playing a short term bounce after a pullback for this pair.