plorenz21

plorenz21

Gold Trade Idea. Take it or leave it. FOREXCOM:XAUUSD

plorenz21

Free peak at my chart of gold. Take a look at how easy it is to visualize the trend on a chart when you mark out the highs and the lows. Take what you came from this. I am not going to give you everything. :)

plorenz21 Updated 

Currently in a USDCAD short. USDCAD is creating lower lows and riding the TL but staying below it. I am anticipating another Lower Low if we stay below the TL and dont make a new high. That is why Im taking this trade with a tight stop loss of less than 20 pips.

plorenz21

BTC seems to have broken out of a consolidation zone. Looks like a retest of this zone is forming. Pending further downside movement. I took this trade with tight SL.

plorenz21 Updated 

DXY long term my bias is short due to multiple rejections of the 97.50 resistance area. From here out I see a couple scenarios playing out for the dollar as we come up to NFP. We could reject the golden fib which we are sitting at right now and reverse to 96.40 support we will either break or bounce. If not I see further dollar strength till NFP for one more test...

plorenz21 Updated 

Short on DXY taken on Sunday stops set at previous high as we have respected the fib resistance as expected with soft NFP data. with the recent daily closure i can see DXY coming back down to the ascending trend line for a chance at a Break or Bounce scenario.

plorenz21

possible swing entry for GJ. Im in the position on the chart not looking for too many pips. will stay in if PA looks good

plorenz21 Updated 

Short term btc is looking good for a slight pullback to 4500-5000 in my eyes. We have broken the trend line and we could see some bullish movement i am in this trade on break of TL

plorenz21

trade idea if dxy breaks

plorenz21 Updated 

BTC rejecting TL nicely and riding MA very well could see 3800 next week

plorenz21

Gold has approached a long term trendline will be watching for break or bounce scenario

plorenz21

EURUSD has finally made its pullback. I have taken a position at the yellow supply/demand zone. I am taking a tight loss and expecting eur to fall after FOMC.

plorenz21 Updated 

I have taken this trade on the fakeout. Position is covered w/stoploss in profit. With FOMC and big fundamentals week I believe we could see further strength in the dollar leading to a breakout in this triangle formation.

plorenz21

DXY has came back up near resistance watching for break or bounce scenario. My bias is short as DXY has been unable to stay above 95.00 Watching 1H and TF for entries.

plorenz21

on AUDNZD we have a breakout on the daily TF of the current descending trend. We have retested the daily TL and could see a nice bullish breakout depend on how the next daily candle closes. i will be watching this pair closely. I have a buy stop set @ 1.08500 with the SL displayed on the chart.

plorenz21

USDCAD has been consolidation for a bit but has been showing more momentum to the downside with more dollar weakness we could see this pair start to melt i have taken this position already as we have broken out of consolidation zone and are respecting the fibonacci and trendline We could see one more push to test the trend line and equilibrium zone but i...

plorenz21 Updated 

BTCUSD has shown a strong rejection of 61.8 fib and is respecting the trend line on the daily time frame. If we get a breakout of the counter trendline we could see BTC make some serious moves past 10000 If we approach the counter trend line and break i will look to add to my positions if not shorts may be in play

plorenz21 Updated 

USDCAD has broken both uptrend lines and we have some solid bearish candle formations on the higher time frame. A sell limit was also tossed in the telegram which has been activated. The trade taken is the setup on this chart