thetradeWELL

thetradeWELL

Price action bumped up against downward trendline . I'm still watching for break above to go LONG. Price is currently holding above the 1.125 area. No signal from my trading system confirmed.

thetradeWELL

LONG from 0.66430 on 07.10 with R:R of 1:1.5. Target @ 0.678 Stop @ 0.655

thetradeWELL

Looking for either rejection or break of TL with break through resistance as follow through.

thetradeWELL Updated 

SHORT @1.61942 on 07/01 STOP @1.65595 Target 1 @1.587 Target II Trail R/R 0.89 (Not optimal)

thetradeWELL

LONG @110.356 TARGET I @110.40 TARGET II@112.960 STOP @107.525 Don't like the R/R, but I missed my optimal entry on 06/21.

thetradeWELL Updated 

LONG ENTRY @ 1.12399 TARGET @ 1.13465 STOP @ 1.10965

thetradeWELL

Still long from this post here with parameters as... Entry @0.68113 Target 1 @0.70377 Potential Gain = 226.4 Stop @0.657 Potential Loss = 135 What looks to me like a Bull Flag pattern might be forming below the 0.685 handle. Might be completely wrong but, meh, we'll see.

thetradeWELL Updated 

GBP/USD LONG @ 1.28632. Missed the better entry signal at 1.28030 my system printed on 01/09 so my R:R is not-so-hot at 0.7. This one could take some time to reach T1 and I'm expecting a bunch of mood swings, per usual for Cable Pairs.

thetradeWELL

LONG NZDUSD Entry @0.68113 Target 1 @0.70377 Potential Gain = 226.4 Stop @0.657 Potential Loss = 135

thetradeWELL

Nailed it ;-).

thetradeWELL

Potential Wolfe-Wave in play for the NZDUSD. Currently LONG from $0.65355

thetradeWELL

Ages ago, September 14th to be exact, I posted that if you were shorting the Dollar/YEN, you shouldn't be because the YEN had been underperforming basically everybody at that time. The dollar was strengthening against the YEN, but not necessarily because the Dollar was strong, but mostly because the YEN was weak. At the time the Dollar was running in the middle...

thetradeWELL

LONG Signal - 09/18/18 @0.71958 (Missed Entry) Targets - Dashed golden lines Fib Extensions: 1.000 - 2.618 Navy Blue lines R/R: 1.03 My actual entry on the 20th is under pressure from today's price action in anticipation of FOMC. Aussie has been very weak so this trade might not work out. We'll see.

thetradeWELL

SIGNAL: LONG issued on 09/18/18. TARGETS: Dashed gold lines with 1st @84.630 for an approximate 295 pips. STOP: 78.675 Fib Extensions: 1 - 2.618 (Solid Blue lines) Signal Strength: Weak. Watch for correction.

thetradeWELL

LONG entry signal on 09.17 @0.659. My actual entry was late, but Targets are shown on the chart. Happy trading.

thetradeWELL

I've hit my first three targets after calling the short on USDCHF a month ago on August 21st. I had mentioned that getting to Target Three was going to be more difficult than targets One and Two. Nevertheless, the current Bear on this pair is firmly in place and there is still room on the downside as global markets are displaying a more risky appetite. I'll be...

thetradeWELL Updated 

Very strong Bullish price action on the Aussie/Dollar after finding support around the 0.7085 handle. Price has completed a bullish head and shoulders pattern but is facing resistance at the 0.725 mark. My system has not given a trade signal, so for now I am simply monitoring the pair to see how it follows through for the rest of the week. It is worth noting...

thetradeWELL

I am short the EURGBP @0.88579. Sub-optimal price, but hey, what are you gonna do, right? I fully expect a pullback, which actually might be preferable so that I can get an even better price. Target 1 is about 220 pips away @0.86585, although there two demand zones (blue rectangles) that BEARS will need to get through.