Pure technical play. You see a very clear uptrend on the daily charts yet price has stalled and started to floating in a range on a intraday basis. Im expecting this range to hold until price tests the high that is highlighted by the red box. Expected Price target 2.0930
Over the past few weeks, GBPUSD has been channeling after it broken the downtrend that started from the last of this month. This is a pure technical momentum based play, where im expecting price to test the high it set lsat week. Price target is around 1.5640
Again same anaylsis n rationale for all trades posted today. Expected Price Target 0.7190
Again another trade which is line with today's moves. Yesterday was very quiet but volume is finnally kicking in for the week. Analysis and rationale is the same for all the trades today. Expected price target 1.4831
Just entered 20mins ago and this is in line with all the long trades i'm taking n posting for today. This is more of a channel breakout without any clear trends as i'm still bearish on this pair on a daily perspective. Expected target is around .7480
I placed this trade hrs ago and Im abit late posting this as i had some things to do tonight. This play is very straight forward as the downtrend that started this month due to the whole greece situation is broken which is highlighted by the yellow box. I waited for confirmation that potential bullish momentum to come in then entered in. Target around 0.7020
I posted a couple of weeks ago about the possibility of the USDCAD breaching the high on the weekly which is highlighted by the red box. Now that Price has clearly broken it, I am expecting this clear upward momentum to continue. Also to point out, the green trendline has held firm where price has failed to break and close below it, therefore it is safe to assume...
This pair I believe, is finnally breaking higher after a few weeks of consolidation with pretty big channel. Im basing this play based on the upward momentum that is currently going on with a expected target of around 0.9600
Abit late posting this as i was posting my other euro pairs play but this is another pure technical based play. As of now it is in a clear channel without any kind of clear direction atleast on a intraday basis and I am trying to scalp around it. I originally entered in the yellow box area so i'm a little late posting this with a expected target of around 0.7065
Euro pairs in general are currently selling off as we speak. There are some support areas that could potentially be tested n maybe broken (the green box), but as of now, I'm playing the momentum of this move with a expected target of around 134.25
This is in line with all my trades posted so far for today. Upward Trendline has been broken which is highlighted by yellow box and now it is breaking down south. Along with Yellen currently speaking in regards to rates, I'm anticipating a target of around 95.50 - which gives me a profit of over 80 pips
Another Technical play in conjunction of Janet Yellen currently speaking about interest rates. It was a quick move as I write this b/c of Yellen and this is another pure technical based play. Anticipating upward momentum with a target of around 2.1180
Despite the bullish trend on the bigger time frames, price is finnaly coming down for a pull back. This can be seen with the overall downtrend in intraday hourly charts and Im playing the downward selling momentum behind it Expected Price Target 121.00