ForexScientist

ForexScientist Updated 

The daily chart (left) shows why I am thinking of going long. I will wait for some correction on the 4H chart (right) before entering. If we break below the prior TL, I get out and wait form another long entry. I keep looking for long as long as the trend is upward. For education and more ideas on Stocks and Forex , visit us at www.vancouver-traders.com

ForexScientist Updated 

I think RSI can come to the level indicated on the chart NZD could bounce after the weekend which gives another opportunity to short, watch for that.

ForexScientist Updated 

I am bearish on NZD for the time being. I know Oil is not helping CAD but... I can't fight the trend. 3 possible short entries on the chart after it broke the long term daily TL on the chart in the left. My SL is obvious on the 2 bottom trades. The top entry is tricky and we'll have to wait and see. For education and more ideas on Stocks and Forex, visit us at ...

ForexScientist Updated 

AUD is the only commodity currency holding up for now...that could mean it has the largest potential when it falls. 2 short entry ideas are posted on the 1H chart. A buy entry also exists. I might enter both long and short trades if it reached the TL indicated by the red circle on the chart. Overall, AUSUSD is in a correction zone and trading in this region is...

ForexScientist Updated 

The trend is still bearish, shorting a small position with tight SL and low risk.

ForexScientist

With Oil going down and all the fuss about the OPEC disagreement, it seems the CAD is turning bearish. The trend is in the beginning of reversal IMO. For education and more ideas on Stocks and Forex , visit us at www.vancouver-traders.com

ForexScientist Updated 

Not the nicest R H&D pattern on 4H chart. Will be buying when the price touches the down trend line with SL below the red line

ForexScientist Updated 

Uptrend in the hourly chart holds until we hit the major down trend line. Possible room for ~100 pip

ForexScientist Updated 

I have orders for both ways. For now the short idea is active. Overall, I think the channels in the 8H chart show sloping up which indicates further upside IMO. Notice the slope of (3)>(2)>(1). We'll see!

ForexScientist Updated 

Not the nicest R H&D pattern on 4H chart. Will be buying when the price touches the down trend line with SL below the red line. GL

ForexScientist Updated 

I still can't find any reason no to short it. The risk is low here to short.

ForexScientist Updated 

the downtrend in the 60 chart is still there so I look for any opportunity to short.