Currently looking to short theAUDUSD as a intraday trade so I wont be in theposition for longer than a few hours. My reason for wanting to short this pair is simply because that we have failed to create new HLS AND HHS plus we have be ranging for the past hour with a decent support and resistance. We have also broke our parrel channel and this a indication to me...
Hello again, Just doing some more analysis on another pair, this is what I think may happen as the FED will be increase their information on whether to keep or change interest rate in the next couple of days which may weaken the dollar. Again I welcome any feedback good or bad as mentioned I am only testing my knowledge before I go LIVE trading.
USDTRY - Elliott waves All Times...IDEA
The EURO flirted with our break area and retreated to the mean Monday. Now all eyes are on FOMC. We will AVOID the EURO until after the meeting and announcement Wed (in the USA). It's not worth the coin flip in this area. There will be better set-ups afterwards. STAY PATIENT!
Mario has spoken and the craziness ensued. We closed Friday's session on our break area and flirting with another break. We will be getting short if we get a trigger after the break. Remember...No Trigger, No Trade!
EURUSD 4 HOURS CHART ANALYSIS - TECHNICAL SIGNAL www.cambodiaforex.com
Lot's of movement today with the ECB Press Conference this morning. As we start to see some corrections in the markets, i'll be keeping a close eye on this level for another potential short on the EURUSD Tonight's youtube video is up so make sure you check it out. youtu.be Also if you haven't done so already make sure you register for tonight's "Cracking The...
Reasons for - Clearly price is putting in lower lows and lower highs (Clear Downtrend) - Price broke key level at 120.00 A week back so we maybe heading to next key level ? - Price has put 3 touch on short term 4 Hour trend line - Price put in doji the a bearish engulfing and clearly bearish candle then another bull green candle then another gearish engulfing ...
USDTRY - Ascending Triangle, AB=CD, Head and Shoulders 1W IDEA I think there is a 3 target point. First target 3.0920 Second target 3.1455 Third target 3.1735
Everything is said in the other trading idea. Set back and relax now
Longer Time Frame - still Bearish! www.facebook.com
USDTRY Continuance, maybe... There is a political games in Turkey and region. Keep following crude also.
FIRST TARGET 3.07 THERE IS A RESISTANCE. WE WILL SEE BREAK OR NOT...
Head and shoulders. hello bear market. Get short and dont be afraid to hold. I stated in my other post recently about being careful in this market. Volatility is coming.
HERE IS ANOTHER EXAMPLE OF THE SAME TRADE I'VE BEEN ON ABOUT STAIR CASE: SHORT RETRACE TO 23-38, THEN HEAD TO 76 AND REVERSE TO THE 23-38 ZONE. 1ST: LONG THE BEST ENTRY WILL BE AT 1.0766 SINCE THE PRICE WILL REVISIT THE PHI LEVEL BEFORE RALLY. 2ND: SHORT SELL AT THE TOP OF THE 23-38 AND PHI (FIB) EXPAND TO 1 (100%) MONITOR TRADE FOR CHANGES IN SET UP...