Vwaps entries intra-day&Scalp made me +50pips down and +50pips up in less than 30 mins. Other traders would be waiting for 3-4 day swing I scalp in 30 minutes :moneybag: Z- distance good for trend reversal confirmation. The vwap areas using it's areas as support and resistance in the chart and for entries and exits.
EURUSD is slow ahead of FED, looking more and more like a triangle in wave B that suggests a push higher into wave C towards 1.0700 area. We know that triangle occur prior to the final wave within a larger trend, so we know that upside is going to be limited, ideally after the FED decision today at 19.00GMT. A Triangle is a common 5 wave pattern labeled...
Just entered this trade alongside the GBPCHF trade i just posted up. Similar anaylsis n rationale as their both GBP pairs and it is correlated. GBPUSD has been channeling the past few weeks and i believe that is finnally broken to the downside Expected target is around 1.5370 giving over 150 pip target on the 4 hr chart
Just entered this trade on the short side. We saw a nice rally in this throughout this week which i was able to catch successfully. I believe that upside bullish momentum is over and anticipating a correction nearing the inital breakout area Expected Target is around 1.5190
I called a long play on this yesterday which i posted n it hit its target while i slept but it was on the hourly timeframe. This is pretty much the same trade just on the 4hr, anticipating the bullish momentum to continue. The extension of the target coincides nicecly of the high it made few months ago. Target is around 125.80 Attached is the hourly Long trade...
I just entered short on the pair after last friday's massive rally which i was able to correctly anticipate n profit off from That bullish momentum is clearly over and i was waiting all day on this pair for the correct entry to go short as im expecting bearish momentum to arrive. Expected target is around 1.0860 giving around a 70 pip target
On the bigger timeframe/picture I'm currently neutral on this pair as it hasnt really done much over the past few weeks. This is clearly shown in detail on the intraday charts. This is a pure technical play, where i'm trying to play monentum within the ranges. Expected target is around 1.5695
Just entered this trade on the hourly chart. This is inline with the other EUR Short trade i just posted earlier which is also attached in the related ideas. Rationale n analysis is also the same as I'm expecting bearish momentum to arrive. Expected Target is around 0.6970
Just entered this trade on the short side. Last friday we saw a massive rally across most EUR pairs and for many EUR pairs that upward momentum has ceased. This is highlighted by the yellow box where the trendline angle has been broken. Been waiting all day for this entry and it finaly was triggered. Expected target is around 1.4290 giving it a over 90 pip ...
Just entered long on this pair more because of the Aussie weaknes then sterling strength even though sterling is showing strength across the board. The uptrend and the bullish momentum is very clear both in terms of the intraday levels and on the bigger timeframes. Expecting that to continue, I'm playing it out on the hourly Expected Target is around 2.1715
I went short on this pair along with other EUR based pairs earlier this week and its all been successful. Now again, the EURUSD along with the other EUR pairs have broken the downtrend line highlighted by the yellow box and it is expected to go higher Expected Target is around 1.1050 I couldnt post the other EUR longs that I'm in now b/c my entries were...
Just entered this trade on the EURCAD. We broke the upward trend this week and we are now seeing a sell off for this pair along with all the other EUR based pairs. For that reason this is technical based play where I'm expecting further downside momentum to continue. Expected Target is around 1.4110
Similar to the EUR plays i posted but the opposite in this case. Im expecting the bullish momentum to continue across the GBP pairs and i just entered long on this pair Expected price target is around 1.5230
Same analysis n rationale as the other EUR shorts i just posted up which is also attached in the related ideas. The uptrend has been broken as highlighted by the yellow box and Im expecting it break down from here. Expected Target is around 1.4940
I entered this trade pretty much the same time as my EURJPY play that i just posted. Same analysis n rationale as EUR pairs are finally breaking south along w the FOMC announcement last hour. Expected Target is around 1.0925 which gives a target of around just under 90 pips attached to this is the EURJPY play n analysis
Just entered this EURJPY trade short just now which is pretty much 1hr after the FOMC announcement.. EURJPY has been consolidating for most of this week and it is finally breaking with the FOMC as the cataylst. Expected Price target is around 135.55 which is around a 75 pip target
We saw a run up in all GBP pairs the last week and i believe it is now exhausted.. Im expecting a sell off to happen but still hold a neutral bias in the overall short-term in the near future for this pair Expected Price Target is around 190.20