This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
This is only a trading capability - no recommendation !!! Next wkk i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
After the last selloff in October`16 we`re in an intact upside trend in GBPUSD right here right now ... The trendline runs netween 1.2450 & 1.2500 this week (50th week `16). Prices above confirms only the upside trend! Basic price action should be next 5 days in this trading box !? 1.2674 was monthly high last november`16 1.2505 was this month...
GBPUSD is going to have a volatile week. Look alive!
here is an idea that GBPUSD will drop about 300 pips. An amazing opportunity to make money over it
Double whammy! I normally ignore crabs, simply put I don't believe there is much value in the pattern, but I am a biased dollar bull in this moment in time. Hawkish Dove sentiment from the FED will bring the potential butterfly into fruition wwithout a doubt. That being said trade @ your own risk.
GBPUSD Two short Targets to trade. Sell now at 1.29969 > TP 1.29490 Buy low and TP at 1.31337
Afternoon traders, I trust you are all enjoying your weekend after an insane Jackson. Apologies for not getting to post this sooner guys... Ahead of next weeks PMIs and NFP i'm adding looking to add shorts on cable, firstly, congratulations to the beach club who managed to catch the 1.32737 shorts with the spike - sterling bulls are in trouble if economy does...
I don't usually trade Elliott Wave but this setup jumped off the chart and slapped me in the face while looking for reasons to go long GBPUSD. 15th August saw the beginning of the 1st wave with a double bottom at post-Brexit lows. To kick off leg 2, on Thursday 1st Septmeber UK PMI Manufacturing came out at 53.3, above the projected 49 and far exceeding July's...
Happy weekend traders! Sterling slump after BOE easing monetary measures which sent the market down more than 200 pips followed by some positive job numbers yesterday with NFP adding fuel to the fire. Technical see resistance level at 1.3050-60 zone where as long as market holding below this zone more drop will be expected toward 1.2900 levels Above 1.3210...
I was looking for structure to break and hold through the New York session but USD bulls lost the battle. The retest of the weeks high shows the market pricing in the fed meeting so I look forward to another test of the weeks lows before a leg up to test the month of July highs. In a perfect world the pattern completions would trade along with the Fed meeting.
Last few hours of the trading week has proven to be a nail bitter. Lets see if structure reigns supreme.
We have some consolidation and a bearish gartley pattern formed. I shorted the pair and I put my stop loss above the X leg and I'm taking profit at the 0.382 retracement level. Hopefully we hit target
Overview: The Gold markets rally during the course of the session on Friday, touching the $1350 level. At this point in time, Gold sentiment is bullish and market is ready to go higher, as buyers are still interested in the market. The main trend of Gold is bullish on charts and and market is sustaining above the 100 days moving average on its 4 hourly chart. It...