SELL US30 Displacement trade is setting up or has activated.
Entry: 34940
TP1: 34701
TP2: 34510
Stop Loss: 35032
Max Risk should be in the 1% - 3% range
secondary trade with double the risk reward meaning
tighter stop loss and bigger chance of loss,
adjust stop loss to 34990
I go over DXY and how it could effect the markets and setup some big trades for us.
We cover Gold, Gbpusd,Eurusd,CadJpy
Possible big pips this week! We just need to have the markets and DXY place nice, continue the trend and take advantage!
Overall market outlook for Apr 10th trading week. We cover Gold, Forex, Dxy and Indices as well a little sprinkle of Crypto.
if the trending market can continue we actually have some huge trades in the works. This could be a 1500 pip week.
fingers crossed the markets stay trending.
Jpy has been moving with US Yields, With this drop it's setting CadJpy to fill an imbalance
on the chart giving us a 100 pip trade idea. Looking for this to activate tomorrow but wanted to get it to you guys early just in case.
Don't be surprised if we see a pullback first before it activates or a wick into activation a pullback to scare people and then drop.
Selling CadJpy
Two possible scenarios.
1) Dxy continues weakness I believe this trade will shoot down with it.
2) Pullback Monday gives Dxy strength which will cause this to pullback before dropping.
Monitor the open of the markets and when volume enters the markets this trade should activate. Overall it's setting up nicely for a 300 pip trade.
To get...
We had a couple of 4hr Viper calls at close of Friday,
I walk through and give my thoughts on how these will setup Monday morning.
CadJpy, GbpCad and AudNzd
Also I believe for these to continue we will need weakness in the DXY early next week.
Overview of Viper strategy in action on
Eurcad, EurAud, EurNzd,GbpCad and UsdCad
Learn how Viper works in a trending market and
learn how to take advantage
