forextrader

Long: @ Current point; 1.24828, TP: 1.31702, ST: 1.23613 There is an upward channel forming on H4 of the USDCAD pair. My take is I will be looking to go long short term and looking to take profit at the identified point above. Check it out see if it is a setup you might be interested in. Remember to use good risk management. Avoid exposing your account and treat ...

EUR USD broken the Bullish channel and testing the trendline again. That is the point to pickup. Also The cloud is broken and now offering resistance. Placing my asks at that point. Tp also looking good according to the channel length. Sl will be at some point above the cloud.

After a long break from trading and enjoying life i am back and ready to make them pips ! ;) I will be buying AUD/CAD once we break 1.011445 overall i am bullish only Risk 1% of account per trade

Buy above 0.7877. Stop loss at 0.7846. Take profit at 0.7938. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area and has reached our profit target. We prepare to buy above major support at 0.7846 (Fibonacci retracement, horizontal pullback support) for a push up to at least 0.7938 resistance (Fibonacci retracement, ...

Buy above 1.1691. Stop loss at 1.1645. Take profit at 1.1795. Reason for the trading strategy (technically): Price is seeing major support at 1.1691 (Fibonacci extension, horizontal swing low support) and we expect to see a bounce above this level towards 1.1795 resistance (Fibonacci retracement, horizontal swing high resistance). Stochastic (55,5,3) is seeing ...

Sell below 0.7290. Stop loss at 0.7335. Take profit at 0.7223. Reason for the trading strategy (technically): Price has reversed perfectly from our selling area and is approaching our profit target. We remain bearish below 0.7290 resistance (Fibonacci retracement, horizontal pullback resistance) for a further push down to at least 0.7223 support (Fibonacci ...

Buy above 0.9598. Stop loss at 0.9557. Take profit at 0.9697. Reason for the trading strategy (technically): Price has creeped closer to our major buying area since yesterday. We prepare to buy above major support at 0.9598 (Fibonacci retracement, horizontal overlap support, bullish divergence) for a push up to at least 0.9697 resistance (Fibonacci retracement, ...

Sell below 130.07. Stop loss at 130.42. Take profit at 128.92. Reason for the trading strategy (technically): Price continued its drop yesterday and has reached our profit target perfectly. We prepare to buy above major support at 130.07 (Fibonacci extension, horizontal swing low support) for a bounce up to at least 130.07 resistance (Fibonacci retracement, ...

AUDUSD spike after the FOMC news release. Bullish engulfing candlestick formation was formed on the Daily timeframe. this gives me a great signal to enter long. I'am expecting AUDUSD to create a new high next week.

Buy above 86.02. Stop loss at 85.71. Take profit at 86.94. Reason for the trading strategy (technically): Price has dropped absolutely perfectly from our selling area to our profit target. We prepare to buy above major support at 86.02 (Fibonacci retracement, horizontal overlap support) for a push up to at least 86.94 resistance (Fibonacci retracement, horizontal ...

Sell below 110.34. Stop loss at 111.09. Take profit at 108.77. Reason for the trading strategy (technically): Price has dropped really nicely from our selling area yesterday. We remain bearish looking to sell below resistance at 110.34 (Fibonacci retracement, horizontal pullback resistance) for a further push down to at least 108.77 support (Fibonacci extension, ...

Sell below 0.7322. Stop loss at 0.7372. Take profit at 0.7223. Reason for the trading strategy (technically): Price is now testing major resistance at 0.7322 (Fibonacci retracement, horizontal overlap resistance) and we expect to see a reaction from this level for a push down to at least 0.7223 support (Fibonacci extension, horizontal swing low ...

USDJPY has been an interesting pair to watch this year and here is another opportunity to take advantage of the volatility of this pair. I will just be going into the technicals for this trade. If you want fundamental information visit www.investing.com they have great fundamentals with great breakdowns. TECHNICALS - The Market on Friday's close was on the level ...

USDCAD Bullish Market LONG

GBPAUD Bullish market

Hello traders we have a bearish Shark pattern that is alligned with previous price structure and overall downtrend. TECHNICAL OBSERVATIONS 1.We have the 200EMA pointing to the downside so short trades are favored. 2.We have Stochastics at overbought levels. 3.We have previous structure based on price and Fibonacci levels fully alligned with the advanced harmonic ...

looking for a trade opportunity on the 60min potential Bearish BAT on the GBPUSD there is also a little 0.618 confluence.

Pair: Brent Trade : Short Time Frame : 4 Hour Strategy: Harmonic Formation DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.