FalkenFx

FalkenFx

This one trade Idea is split into two different entries as there are two strong levels close to each other here that can have potential. First is the previous high created this week- Entry at 188.20 with an SL of 88 pips and TP1 at 1:1. 2nd Entry is the weekly key level, here I would like to see divergence on the TDI upon entry for a stronger move can expected...

FalkenFx

Gold Short from 2002. SL 55 pips, targeting the 1982 area. Confluences: Key level 2000 zone of resistance Big Trendline 3rd touch All of these are enough to consider a short for me.

FalkenFx

Looking to short the Dax from around 15550. Confluences- Big 50% Fibo Intra Key Level. TP 1 I will be removing most of the position as I am not sure if it will continue down from this point and TP2 I will close fully. Will look to see if other Indices are lined up to a tradable area if the Dax reaches there.

FalkenFx

Looking to short GBPJPY from the previous high around 186.60 area Targeting around 150 pips for TP Confluences: Alignment with a couple other pound pairs at significant levels Alignment to EURJPY at Weekly resistance zone GBPJPY Previous Yearly High Entry signal on TDI

FalkenFx

Looking to short the EURAUD from 1.68350 SL 45 pips & TP around 1.665 Confluences: Previous High Key Level Friday profit taking from very bullish week

FalkenFx

Looking to long GN from 2.05600 . SL 50 TP1 80 pips Confluences: Key Level 61 fibo Keep it simple Catch you later traders

FalkenFx

Looking to buy gold from two levels. 1st level being 1947, with a $5 Dollar SL I'll be looking to secure partials at 1:1 as I am unsure of the target for this trade, max topside we could expect from here if any is to 1963. 2nd level I am eyeing is the 38 fibo at 1934, I'll be looking to buy and hold here for $20 move taking partials at 1:2 with a $5 SL....

FalkenFx

Looking to short EURAUD from 1.67530. SL 40 Pips | Tp 1.66500 Area Confluences: Intra Key Level here Limited Confluences here, but with EURAUD making a lower low at 1.64600, I'm expecting a lower to be made. COT Data in my favor with EUR shorts increasing and AUD longs outweighing the short positions. You can find this data here: www.cftc.gov Catch you later traders ▲

FalkenFx

Looking to buy EURAUD from 1.65400. SL of 35 pips take profit of 50 pips.... Latent profit target is the next high. Confluences: Intra Key Level 61.8% Fibo Level Risk 1% Catch you later traders ▲

FalkenFx

Looking to buy Oil off of the previous lows from $78 a barrel. SL 77.1. TP at the next resistance zone My Confluences: Round Number Big Support Level 61.8% Fibo Take profit area

FalkenFx

Looking to short the Dax from around the 15350 area.SL 110 Points. Taking profit at 2R & 3R. My confluences here are, Third touch of a trendline Multiple Daily EMA's & MA's If this trade fails immediately and price goes through my entry and breaks the trendline my next area for a short is the wick/Intra KL present on the chart above the first zone. I will...

FalkenFx

Looking to short the US30 from 34270. SL should be around 150 points from contact. Targeting a 3R on this trade taking partials along the way. My Confluences: First it is inline with overall trend (Bearish) Trendline 3rd touch and trendline break retest This may line up with the SP500 on a 3rd touch. The 2D 50 Moving Average is present Catch you later traders ▲

FalkenFx

My Confluences: Big Wick Key Level area 76.4% Fibo area, through Backtesting I have noted this fib in the structural plays on the Dax within my strategy 14500, 500 being a psychological number in the DAX

FalkenFx

Forecast to short the Dax from 14960, with a 100 point SL. Looking at the confluences; we have a third touch on a trendline, a Key level (previous wick area), as well as the 15000 round number present. With economic conditions and macro conditions being bearish for markets, the idea fits the narrative. Taking partials at 1:1 and 1:2, with the final take profit at...

FalkenFx

Looking at buy EURAUD, at 1.6640. Reason for the buy is the big 38%, 4th touch on the trendline, EA is also sitting on the Daily 50MA as a break retest. Currently EA is trending bullish which fits with the narrative.

FalkenFx

Long from current level up to the last Intra Key Level as the final Target. Confluences- Wick key Level, Trendline Retest

FalkenFx

In light of the big push down from the highs created earlier this year, there has been a three wave correction to the upside. Currently going short from this point of previous structure for +- 100 pips Take Profit.

FalkenFx

Confluences: Intra Key Level, Big 15000 Round Number. Target the first point of resistance, this is the key point for me to take partials, if it goes higher then I'll be targeting TP3. If at TP1 the Dax reverses, we can expect lower prices for further counter trend contrarian trading opportunities. From now on my focus of Posting will consist of my highest Win...