AUD is weak on RBA dovishness less than 24 hours ago and I expect it to continue throughout the NY session. I like the strength of the Euro after US equity markets opened. This will be a short-term intraday trade with a moderate/low R/R. Some choose to ignore a R/R lower than 2. I like to risk lower capital for high percentage low R/R trades. Trade your plan. Cheers.
As the title suggests, CAD looks strong in the NY session. I like this spot for a EUR reversal toward the downside after strength in the London session. Good R/R, and I like the odds. Cheers!
Good R/R here with strengthening dollar and weakening Euro.
I like the Franc long and the JPY short. Although the technical setup isn't perfect, this is a great R/R following a nice bearish impulse on Monday. I predict this move to continue through the rest of the month, with profit-taking on or around March 31. Cheers
Looking for long continuation from here on this pair. AUD coming up on an indicative support level, and we have significant resistance on the kiwi. Looking for at least a 2:1 swing trade. Cheers! Be safe
Hey Traders, just checking in with a quick update on a potential US equity breakout. I like the way this is setting up on all indicators. Good price action, tons of potential return and limited risk. Cheers. Looking at entry at current level.
Hey traders, this gartley pattern completing near the invalidation level of a bearish impulse. This is confluent with many MA clusters on many timeframes. The R/R is high and the win likelihood is low compared to a wider stop, so trade size needs to be diminished in order to take a trade like this. However, there are many factors confluent with bearishness at...
Hey traders, hope everyone is having a great start to this action-packed trading week. GBPCAD is on a tear upward with little resistance above. Hard to fight this one. A Gartley on the lower TF may introduce a buy limit opportunity to start or add to long positions on the lower TF. Targets are higher, around 1.84. Fundamentally, CAD has been week and NAFTA...
Hey traders, the R/R is nice on this potential setup. Prophecy is completing on the lower timeframe.
Lots of confluence lining up here after the strong Aussie overpowered weak data. Keep an eye out for the 10:30pm EST rate statement. Cheers
Hey traders, I like a short here at the completed smaller Gartley pattern. There is confluence on the higher timeframe and the data was not as weak as the market would suggest. Looks more like a brief rally that will be followed by continued weakness. Cheers
Cable is bouncing around some important MA's on multiple time frames. I like the resistance above current levels so a short is appealing based on R/R. TP at bat completion. Cheers
Hey traders, I'd like to be long NZD and short EUR by 3:00 EST. I'm taking a short position here and aiming for the confluence between two harmonic patterns. Cheers
I like AUDJPY long as we look to further weakness in the yen and strength in the Aussie. Bat action magnet move may bring the pair further higher. Eyeing the target line for TP if the trade follows through.
Short term resistance has been broken and the pair could potentially rally to the missed pivots above. A reverse head and shoulders pattern has also presented itself indicating potential bullishness.
Resistance is being upheld at the top of the bearish channel. strong bearish candle indicates potential downside forthcoming. Large R/R if the trade is activated. Cheers
Hey traders, we may have a short term bullish run on the hourly for NZDJPY if highs are breached. Taking conservative profit in the Gartley PRZ if the trade is not invalidated. Cheers
I like this pair short if new lows are made. If invalidation level is breached, I want to re-evaluate the pair. Sell stop in place unless HH made. Big targets below wedge base. Cheers