Looking for a Buy Signal on AUDUSD in an Uptrend. There is support here around .78300 to .78232 Wait for signal for confirmation Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE...
A pullback on the US Dollar has given as an opportunity to short. Risk Reward 2.87:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial...
As the Dollar weakens currencies like the AUD must be a buy
EURGBP- The cross continues to hold on to its downside pressure selling off on Thursday and opening the door for more weakness. Support lies at the 0.8850 level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8850 level. Resistance resides at the 0.8900 level where a violation if seen will turn risk towards the 0.8950 level....
Could we see a possible down-side for USD/JPY? Previously we have seen that price went into a small bullish trend. As you can see it didn't go too far; as it rejected our Major Trend-Line. That area was a extreme critical area as it aligned with a Major 38.6% Fibo area. What do I need for a entry? If we manage to see price closing -BELOW- our Minor Trend-Line I...
We are placing a -SELL- on gold as we saw that price has closed below our Minor trend-line. Now we are placing a pretty aggressive entry. When the 4H candle closes if it closes -BELOW- our Trend-Line as well; we will place another entry with a bigger lot size. Analysis was posted on our free telegram. *This is NOT a signal. For inquiries on our Advance training...
We have seen a minor pull-back. Price has broken our Minor Trend-Line and I can see a down-trend. We have already placed a -SELL- for a Medium-Term-Trade this is just an extra entry. Our T/P is going to be set to our -27.20% but we may extend it later on. *This is NOT a signal. For inquiries on our advance training please email us at TheForexClubFX@gmail.com
Currently short USDJPY as the risk off scenario looks to continue with geo-political tensions growing between the US and North Korea we are seeing safe haven currencies and commodities appreciating. Watching the 1HR charts we can see that price has respected the dynamic resistance of the 20EMA and created a C2 close off a 61.8 Fibonacci retracement.
Resistance became support at $206 and ETH is still bullish. It has every chance to get to $514, but in this market, fortune only favours the brave, and sometimes they get wiped out.
Looking for Stratis to bounce here providing us with a long trigger. We have potential support both on the base of the Ichimoku cloud and a trendline Note there is no signal yet, so therefore no entry yet but stay Alert. Another very low risk High Reward POTENTIAL setup. Be patient - wait for SIGNAL. Hope this helps. Sean Vengan Professional Cryptocurrency...
As we go into the end of the month and ultimately into August, the infamous low volume month, I will be looking for two things on this pair. GBPJPY will likely get choppy but not like the rest, it can move so much more than other "normal" pairs. Pretty simple set up here: 1. Sell break of 144.90 targeting 144.00 2. Wait for a push higher and look for a break of...
Expecting price to follow the ABC pattern then break out channel and retest the 4h channel.
The US dollar showed more weakness yesterday as it fell down towards our projected 1.27 Fibonacci extension (~112) from it's previous leg down (113.6 - 112.26) and managed to bounce back up from there towards the 0.38 Fibonacci retracement level, waiting for more downside as it couldn't break it.
This is kind of a tricky trade. I am waiting to see if AUDCHF breaks the top trend line if not what i expect will happen is it will fall to the bottom trend line and break it.
After Draghi's comments, could EUR/GBP be breaking out of its rectangle pattern?
The asset will have hit the 100 MA so in the short-term will most likely fall, or it could actually break 100 MA, which will make it a definite buy, but till then it will mostly fall then reach support and then rise to hit trendline- swing trade.
Look for quick profits here, we have a rising wedge on the hourly chart, this isn't likely to be a HUGE move but I think it'll be worth our time. Not to mention I like NZD weakness set ups on a few other pairs, namely NZDJPY and GBPNZD. Pretty simple, we have two weekly pivots that haven't been touched below with a monthly pivot anticipated around .7020...