TomFarren

TomFarren

This trade opportunity will be taken at the market open on Sunday 11th March at 10pm. Based on the daily timeframe we have already identified a series of three lower highs in this current bearish trend and now have potential for a fourth. The current 78.6% Fibonacci Retracement, the Daily Resistance of 0.78525 and a counter trend line retest provides our...

TomFarren

Opportunity for a potential breakout trade on UJ. We are looking to confirm a structure and trend line break before the end of this week. A fairly aggressive trade and therefore the risk/reward has been increased massively to her 10/1. Alternately this pair could respect structure and continue it's downtrend...

TomFarren

Hey Guys, We have analysed this swing trading opportunity on EU. This currency pair continues its bearish trend after breaking strongly through the support level of 1.17 last week. It consolidated slightly after this but not looks to continue its move lower creating lower highs. The target for this trade is 1.14438 with a 3/1 Risk Reward.

TomFarren Updated 

Hey Guys, We are keeping our bias bullish for UJ over the next few weeks and have identified a potential area where this chart may find a higher low structure level at 113.200. This is based on a support and resistance level which has been tested on both sides and a previous higher high point. We have a target of 114.778 and a stop loss at 112.900 giving us a very...

TomFarren Updated 

Keeping a bullish bias open for this currency pair. After a strong week last week for the US Dollar we are hoping for continued strength against the Yen this week. Structure has been forming nicely since this uptrend began in mid - September, the daily support level of 111.705 could be once again retested before we see a push upwards towards our overall target of...

TomFarren

Here we have a long opportunity on UJ. After the missile launch from North Korea over Japan the Yen moved higher. We are predicting continued bullish movement for this pair with a target of 110.899. Will update trade on instagram - thetradingdivision

TomFarren

Looking for bullish movement from the GBPJPY here with targets of 141.986.

TomFarren

Hey Traders, over the next week we are looking for more Euro bullish movement against the US Dollar. The minor structure support level of 1.18020 has been respected and therefore we look for it to hold support once again. Target for this trade is 1.19031 which is a monthly resistance area. I will update the progress of this trade on our Instagram page so go follow...

TomFarren

Hey Traders, over the next week we are looking for more Aussie/USD bullish movement. The monthly support level of 0.79073 has been respected and therefore we look for it to hold support once again. Target for this trade is 0.80345 which is a weekly resistance area. Stop loss is placed at 0.78713. I will update the progress of this trade on our Instagram page. If...

TomFarren

Hey Traders, over the next week we are looking for more Euro bullish movement against the US Dollar. The minor structure support level is being held firm. Target for this trade is 1.19031 which is a monthly resistance area. I will update the progress of this trade on our Instagram page @thetradingdivision. If you are interested in learning how to trade the forex...

TomFarren

Hey Traders, over the next week we are looking for more Aussie/USD bullish movement. The monthly support level of 0.79073 has been respected and therefore we look for it to hold support once again. Target for this trade is 0.80345 which is a weekly resistance area. Stop loss is placed at 0.78713. I will update the progress of this trade on our Instagram page...

TomFarren

Aussie is looking to hold the monthly support of 0.79123 before moving higher with targets of 0.80345 which is a weekly resistance level. 121 pips long to 40 pips short - 3.03/1 risk reward ratio.

TomFarren

Looking at a short position on 4 hour. Will trail stop loss if reaching good profit level

TomFarren

Hey guys great setup for the handle of the recent cup on this chart.

TomFarren

Hey guys another trend continuation on daily chart for this pair. Looking for target of 1.272 extension with RR of 3/1.

TomFarren

Hey there I'm watching this trend continuation trade at the moment, just waiting for entry point.

TomFarren

Hey guys. Hitting up the 4 hour chart here still looking for possible entry for long cypher formation. I'll keep you posted.

TomFarren

What's up guys! Keep a eye on this trade for late Jan/early Feb 2017. Not sure which way it will break but you'll know once it breaks wedge pattern. Have fun! Peace. T