WolfBladeTrading

WolfBladeTrading

Hello Traders!! Appears the AUDCHF pair is continuing to move the downward, a trend that started Jun of 2022. I have open a short swing as of last night, with my stop set at breakeven point. If today & tomorrow closes bearish, I feel confident the trend will continue! The overall Daily trendline actually hugs the 200 MA line, which looks pretty,...

WolfBladeTrading Updated 

The Yen pairs always have strong rallies. For USDJPY, looks like broke through resistance of ~145.71, so next resistance is ~151.94. When I trade JPY pairs, they're typically Position trades as they has excessively long streaks. I like to put not too much capital in these trades, just riding the flow while still having enough capital from Swing trading on other...

WolfBladeTrading Updated 

Hello, The CADCHF pair is seeing strong support around .6500. The support was found on May 4th this year (2023), and being tested again July 18th up still now. Lots of Doji's showing indecision, so stuck in a range. Like all trades, we'll see candlestick confirmation on the Daily to support or invalidate our biases. For this one, lots of bullish wicks indicating...

WolfBladeTrading Updated 

Hello Traders, Today, the pair is looking to bounce off trendline, repeating the lower high / lower low pattern. Although the Daily shows price above the 200 MA, which generally gives us the trend, should we put in a short order and target last low of ~1.311?? I f we get a close today on or below the BB basis line, and tomorrow pushes it down further, I would...

WolfBladeTrading Updated 

CAD CHF pair has been in a downtrend for some time now (since June 0f 2022). We all know to 'go with the flow' when it comes with following the general trend. In this case, the pair might be ready for another move down. This would be the fourth hit on the trendline, and at previous resistance during its month long range. As always, we'll wait and see either a...

WolfBladeTrading Updated 

Today/tomorrow (Aug 14 2023) we'll see if the Cable continues up, touching that 50 MA line. So if it bounces up, can validate our overall Bullish bias. More confluence is it hit the bottom of Bollinger Bands (default parameters) on the Daily. Also, from the macro, we'll see if it hits the 3rd touch down trendline from 2014. As always, I'd prefer to wait for a...

WolfBladeTrading Updated 

Hello Traders, Do we think the Swissie is going to continue downward per the Daily tale-tell? I'm a go-with-the-flow kind of guy, so waiting for the right short opportunity here is my plan. The price here has been choppy the past 2 weeks, and tall wick both bullish & bearish... So needs to break at some point! We'll keep an eye out for USDCHF for now, but would...