There is CAD news in the morning of the NY session which should move price in either direction High possiblity that price coud move sideways until news comes out Bullish trade can move up to previous resistance and 100 sma Bearish trade can move to bottom of range
Pair is at the bottom above the 50 sma Price can move up to the 100 sma Long trade Buy Stop @ .6800 Long Take Profit @ .6858 You place SL Price can break below 50 sma Short trade Sell Stop @ .6773 Sell Take Profit @ .6691 You place SL
Price is in between 50 sma and 100 sma. Price fell half way to 100 sma and returned to 50 sma Price should fall toward 100 sma Price at 100 sma will either cross below 100 sma or consolidate sideways Sell stop below 100 sma @ 1.7795 Take Profit @ 1.7728 SL as shown If price crosses above 50 sma trade void
Price has broken below 50 sma and went about half way Price could continue to 100 sma or rise back up to the 50 sma Sell limit placed if price returns to 50 sma Sell Stop placed if price continues to 100 sma SL placed Take Profit is the 100 sma Watch Macd
Price broke below 50 sma and went half way then returned back to the 50 sma. Now price will continue bullish or bearish. If bearish it will break below the 50 sma and head to the 100 sma. I have Sell Stop at just below the 50 sma and just below the recent fractal low in the middle. Take Profit will be just above the 100 sma
Pair is in a range Price fe back below 100 sma Price will either down to 50 sma Or price will cross above 100 sma and return to the top of range If price falls and crosses 50 sma it will continue to bottom of range Determine your own SL
Last post: June 5th. See chart . Review: Price was being propped up by a pivot support zone and the daily 50sma. Update: Price has broken through support with an aggressive bearish bar on Friday. Conclusion: Price is within a support zone that we want to see hold strong. Any further weakness and we will look to cut out of our long trade. Any comments or...
Price moved above 100 sma Price has 2 options besides moving sideways Option 1 - Price continues up into Pending Sell area 1.1809 & 1.1830 - Sell from here - SL 1.1845 Option 2 - Price falls into Sell Stop @ 1.1767 - Take Profit @ 1.1730 If price continues bullish move above 1.1850 wait for new setup If price falls below 50 sma Sell Stop @ 1.1625 Take profit @...
Price has been above 50 sma If price breaks below 50 sma I have a sell stop waiting @ 1.1647 Take Profit @ 1.1555 Stop Loss @ 1.1747 Need Macd to cross below Red signal and zero lines. Also blue dotted +80 Stoch line - over bought Close trade if Macd crosses above Red signal line and if market indecision makes small bodied bars hovering above 50 sma.
Pair is in a bearish move. Market has paused and not broken above the 50 sma I have a sell limit @ .7627 if price breaks above the 50 sma If price stays below then I have a Sell Stop @ .7605 Take Profit @ .7575 SL @ .7647 Macd to cross below blue dotted +80 Stoch line and Red signal line
Here are some signs of possible bullish bias for next week for the AUDJPY Day Chart double bollinger bands - price closed above BB midline bullish bias 4H Chart - Macd crossed above zero line and Price closed above 100 sma bullish bias 1H showing possible bearish retracement back to the 50 sma area, macd over bought 15m showing possible bearish retracement back to...
Pair is in a 4H Bearish Flag pattern Pair could have bearish continuation Enter on a 15m break-hook-go of support breakout Take Profit is equal distance of flag pole Possible Bullish pullback Macd is over sold Watch for Macd to cross above Red signal line before entry Price may return to 50 sma
Last post: May 14th. See chart . Review: Price was pulling back to round number 110 resistance. Update: Price continued to pullback and is now trading above the round number 110. Conclusion: Require current resistance zone and the daily 50SMA to hold strong and for the bears to take back control. Any comments or questions, do not hesitate to leave them...
STRONG GBP GBPAUD 4H Buy Stop @ 1.8090 Take Profit @ 1.8150 Macd - watch to rise above Red signal line WEAK GBP GBPUSD 4H Sell Stop @ 1.3445 Take Proft @ 1.3375 Macd - already below Zero line & Red signal line
Price at a decision point - Bear or Bull fork on Day Double Bollinger chart Price has setup in between 100 sma and 50 sma for bearish move Macd has setup an over bought bearish pullback
4H 100 sma held price Price falling to 50 sma Sell Stop was at 1.8160 Take Profit ar 1.8135
We last posted on the TRYJPY on April 10th when price was finding immediate support at the pivot low of March. The following bar did break and close below the pivot support this was short-lived. Price spent the latter part of April pulling back to the 50SMA where it found resistance. The 50SMA is a significant level of support and resistance when price is in a...
Entered trade at 1.6019 Take Profit @ 1.5955 Day chart price has fallen into BB Dev 1 band channel bearish bias 4H - Macd over bought/falling to 50 sma/needs to break below to 100 sma 1H - Price entered trade moving to take profit @ 1.5955