The price has formed new high, in case of 179.139 Level breakdown, the target will be at 178.223 Not recommending to sell of the market, but watch a PA to enter short, as a Short move has been confirmed by momentum - towards the main trend direction. As for now, the SL's above 180.176 Target 178.223 Trading currencies with no stop losses is equal of being on...
SL Above 0.7660 TP at 0.7625 Short term swing trade Stop Loss must not be more than ATR*3 (my subjective opinion) In case if the current set up doesn’t let me to place a stop loss of this size, I will Use Limit orders. If the Stop loss is triggered, and the price is still going in chosen direction, I prefer not to lose a trade, and re-entering the position, with...
Due to a 1.0620 Level breakout failure (must wait 15min close) Short term swing trade is possible with a very short stop loss. Target around 1.0550 Careful entry with a small lot and short stop. as no large moves are expected at the moment (before news)
1.0617 is a short term target for EU, as Stop losses are hidden above.
The Pair is stuck around 1M support Area, to continue it's down movement, some fundamental kick is needed, which is possible today at 10:00 GMT Sell Stop at 1.0550 Stop Loss above 1.0625 1st Target at 1.0475 2nd target at 1.0325 Stop Loss must not be more than ATR*3 (my subjective opinion) In case if the current set up doesn’t let me to place a stop loss of this...
The pair still got room to go down, At the moment Triangle - like pattern is formed on a 1HR chart, For short Entries we can Use 128.20 As a Sell Stop Level, I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is...
If the Pair stays above 1.2775 Level, the continuation of an UP move is possible. Use the area Below 1.2750 For Stop Losses, 1st Mid term Target is at 1.2950, PNF is giving a 1.3425 Area as a target, which can be met within a few weeks in case of a USD strength continues. I suggest to use a “timing” stop (Close if the price will not go in your direction within...
The pair's price has formed unwritten highs on a 1h chart . The PNF gives a potential target at 123.75. The correction can start of the 121.50 level, but is less likely, as a bullish market continues. In case of a non-false 121.50 level breakout, the target is at 123.75 and SL below 121.100 I suggest to use a “timing” stop (Close if the price will not go in...
The pair is in a bearish mood on a daily and 4h chart. At the moment Sell with SL above 1.0725 1st target at 1.0500 2nd at 1.0325 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy) P.S. Using a small stop losses in my strategy makes them triggered quite often,...
The price is going up to 1.4850 resistance. Sell limit 1.4850, SL above 1.4900, Target 1 - 1.4720, Target 2 - 1.4525 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy) P.S. Using a small stop losses in my strategy makes them triggered quite often, however, it...
The Price is trending down Key Level at the moment is 1150.00 In case if the level is broken Target 1100.00 SL above 1175.00 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
The price is trending down, till the 1.0675 Level is broken. Surrent Set Ups: Sell Limit: 1.05823 1.05835 1.05950 Sell Stop: 1.05600 Target 1 1.0525 Target 2 1.0450 Target 3 1.0325
The pair is still in the up move. The main triangle target is at 1.295 But at the moment the pair is at the High of 2015.01.30, In case if this level will be broken towards North - Target 1.295, SL Beyond 1.2625 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
The hourly chart just gave a 2 opposite side tails pattern, which means, closing beyond 1.050 Will push price towards targets at 1, 046; 1. 0325. SL above 1.0550
The pair is going down, the major target is at 119.75 (PNF Vertical count - breakout column) Having "room to move down, I consider - target 126.25 to be reached. Sell Limit 128.214 Sell Stop 127,317 Sell Stop2 126.901 S.L above 129.038 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends...
The pair is going down, previous target 1.495 is reached, at the moment, low at 1.4849 is broken, the next major target is at 1,4525 (Breakout PNF vertical count) Sell stop: 1,47494 1.46893 Sell Limit: 1.4825 1.4849 Stop Loss above: 1,4900
The Pair is still Going down, giving us a Flag - possible continuation pattern on 4H chart, Sell Stop Levels: 1.0460 1.0500 Sell Limit Levels: 1.0530 1.0550 Stop Loss> 1.0575 Target: 1.0325
The pair's daily graph doesn't give us any reversal patterns, so we're expecting the price to continue it's down movement Trading Idea Short Entry Sell Limit order at 0.7675 Target: 0.7570 Stop Loss: >0.7730 Sell Stop Order at 0.7610 Target: 0.757, 0.755 Stop Loss:>0.766