NathanSaunders

NathanSaunders

GBPAUD Simple price action Set this trade up before the trendline break on the Friday just past. Entered following a short term correction made just after the break. My Target is placed around the weekly trendline support. A correction is due, so my stop loss is placed just above my entry as I plan to hold my position through the possible correction....

NathanSaunders

Following my previous post, EURUSD using the news as momentum, chose to break through the daily trendline, hold and then continue on with it's bearish movement. As I suggested in my previous post if this was to happen we could look for the EURUSD to continue short all the to the weekly trend support line. Currently the pair is pulling back in preparation for its...

NathanSaunders

Simple price action with wave principle guidance. The Long position is to complete the 5wave pattern possibly forming. Reaching the near weekly resistance. The short [/i ] is suggesting the last two waves were corrective (A & B ) and that we are currently forming a C wave to complete the pattern. possibilities We could also be seeing the start of a new...

NathanSaunders

Simple price action trade. A Bounce off the Daily trendline, continuing the downtrend with a safety option for a long if price decides to break out of the daily downtrend. Short entry just below the Daily trendline 1.06838 Long entry just above the previous swing high 1.07800 Waiting on another possible retest of the Daily trendline before short entry.

NathanSaunders

Entry 0.73000 Simple price action for this one. Possible long with the first target at 0.74000 which is sitting on the weekly S&R and possible targets of 0.7600 which is resting on the monthly S&R. A break of the second level of resistance will confirm the end of the downtrend and give me more confluence that the pair will continue its bullish movement. The...

NathanSaunders

1Hr EURUSD SHORT analysis. Confluences * Price action suggesting a retracement after spike * Daily trendline bounce * Fibonacci repeat retracement Prepared for a long on DAILY TRENDLINE break. Enjoy, comment and like :)

NathanSaunders

Hey, EURUSD SHORT, trade as a retracement from the daily trend line labeled, possible targets 0.5fib through to 0.618fib. EURUSD LONG, on a break of the daily trend long with a retest before pushing to 1.081 Risk 1percent both trades, to hold for 1day. Missed first entry after the trendline break but discovered a second entry and possible long. enjoy....

NathanSaunders

Hey, EURUSD SHORT, trade as a retracement from the daily trend line labeled, possible targets 0.5fib through to 0.618fib. EURUSD LONG, on a break of the daily trend long with a retest before pushing to 1.081 Risk 1percent both trades, to hold for 1day. Missed first entry after the trendline break but discovered a second entry and possible long. enjoy.

NathanSaunders

Simply Price Action and Support and Resistance analysis. I Plan to long on the WeeklyTrendline bounce. Prepared for a short following a WeeklyTrendline Break ;]

NathanSaunders

(03/03/2016) 18.11pm GMT EURGBP : With a cross of the daily trendline at around 0.77500, look to go long (remember to use the shorter time frames 30min,15min to enter). Looking at targets of around 0.79200 with a risk of a return to the WeeklyTrendLine at 0.77000. If price bounces off the Monthly trend parallel Channel, Short after confirmation which will come in...

NathanSaunders

Overall analysis. The current movement of this pair would suggestion a continuation in the downward direction, coming extremely close to the pairs historical bottom (1.35000). If this level breaks i'm not too sure as to where it will stop. At this point I believe the fundamentals will play a bigger part in predicting or suggesting a new bottom. Britain's decision...

NathanSaunders

The current movement of this pair would suggestion a continuation in the downward direction, coming extremely close to the pairs historical bottom (1.35000). If this level breaks i'm not too sure as to where it will stop. At this point I believe the fundamentals will play a bigger part in predicting or suggesting a new bottom. Britain's decision to either stay or...

NathanSaunders

Sorry about the colour contrast. MONTHLY/WEEKLY/ Chart Analysis. The recent strong bullish movement looks to change the direction of the trend, but at this current time it is still within the downward trend and following the down trend pattern. A reversal at the 0.382fib or 0.80586, is what i'm seeing atm, looking to continue down to the 0.64686 mark if the...

NathanSaunders

If price action breaks down through the weekly trend line we can start to prepare for a short position, entering around the 1.08032 ( Daily support ). Looking for it to continue down toward the 1.05202 point (Monthly/Weekly support). Risk: A return to the current level of indecision : (1.08728) from the entry point (1.8032). If price action bounces off the...