AUD/USD - CTT @: 0.79822 S/L: 0.80100 (-27.80 PIPS) T/P: 0.78645 (+117.00 PIPS) Risk/Reward - 4.77 - 1 - Price has rejected our critical zone (88.60% + Minor Resistance). - Price is over-bought - Expecting price to reach minor support that aligns with our major trend-line (where we could have a potential trend-line rejection and continue on a upside...
NZD/JPY - Market Update - Further downside? Previously on this pair we've seen a major 78.60% Fibonacci rejection (followed with a minor 61.80% Fibonacci rejection). Everything has been indicating for price to reach a Minor Support of 78.280 - 79.000. Unless we break 81.500 that would give us a indication to continue up. But everything is leaning towards a...
AUD/USD - Market Update - Price expected to reach 0.80000 Last week we noticed that price had a 23.60% Minor Fibonacci Rejection (despite it not hitting it to the PIP, I consider that a rejection). We are projecting price to reach 0.8000. If price does reach that area, we may be entering a -Critical Zone-. If we manage to see any strong -bearish- candle close...
EUR/CAD - Market Update - Will the 90 Day consolidation end this week? We've seen for the past 90 days that price has been ranging between 1.47500 - 1.52500. We've seen a few break-outs here and there but we have managed to break thing range/consolidation. If we manage to break 1.52500 we could potentially see price reach 1.54000. However; we do have a...
XAU/USD - Market Update - 78.60% Major Fibonacci has been broken! We were struggling all of last week with our Resistance of 1325.00. However; price couldn't break it's consolidated zone of 1312.50. Making another wave to the upside. We've broken our Major Fibonacci of 78.60% which means that we are expecting price to reach 1350.00 and possibly -ABOVE- by the...
XAU/USD (GOLD) - Aggressive 6H Entry (Trend-Change) @: 1282.30 S/L: 1274.00 (-74.5 PIPS) T/P: 1292.05 (+98.6 PIPS) Risk:Reward: 1:17-1 ENTRY: We have seen our 6H candle close -ABOVE- our major trend-line indicating a trend-change. As well as our 8H and 1D candles. We are looking for our Major T/P area of 1300.00 but our 1st T/P area is 1292.05 S/L: We placed...
USD/JPY - Aggressive 6H Entry (Trend-Change) @: 113.692 S/L: 114.445 (-75.3 PIPS) T/P: 112.130 (+156.2 PIPS) Risk:Reward: 2:12-1 ENTRY: We have seen our 6H candle close -BELOW- our major trend-line indicating a trend-change. As well as our 8H and 1D candles of closed -BELOW- as well. We are looking to potentially reach our Minor Support of 112.130 area. S/L:...
As posted earlier we were seeing a potential down-side for this pair. As of right now we will have a total of 2 active entries (Medium and Short). We will be looking to add another position at the close of the 4H candle, if it ends up being a bearish candle. Our T/P is roughly set between our Monthly Support and our -27.20% Fibonacci Area. If this becomes a...
We've been in a -STRONG- down-trend. Strong enough that our overall bias on higher time-frames may change to a down-trend. Almost all of today we have seen this pair retrace; which is normal after a long session of bearish movement. As of right now; we are in a interesting spot. If we see price closing above at the end of this hour we could go back to a...
As posted previously on our Market Update; we may see more of a down-side for this pair. We went ahead and placed a VERY AGGRESSIVE entry on this pair. As we saw that our 4H candle has closed -BELOW- our trend-line. As price has been in a STRONG down-trend we wouldn't be surprised if we see price retracing a little bit. Needless to say we have a pretty decent...
As we see that price has closed -BELOW- our minor trend-line. We will be looking for a quick CTT scalp. If we do see price closing -BELOW- our major trend-line we will have FTC which we may extend our T/P.
As we see a trend-line rejection I saw a good -LONG- opportunity. I did enter with half of my average lot size as I want to wait to see if price can close -ABOVE- our Major Trend-Line. If we do see that at the close of the 4H I will be adding another position and riding with 2 active positions for this pair. We just have to wait and see. How this is a...
USD/JPY - Short-Term-Trade - Market Update This has been a LOVELY pair this week. As it has given us LOTS of trading opportunities. Overall I've had 3 entries with this pair (2 closed with profit and 1 Long-Term currently opened). As of right now we are in a perfect zone for entries. Price has already reached a potential area of profit (-27.20%) and it...
GBP/USD - Short-Term-Trade - Market Update We've been seeing price be in a STRONG -Bullish- trend. Overall I can see price reaching our -27.20% Fibonacci area (About 75 PIPS away). However; I don't see my self placing any entries as of right now. What are my recommendations? If you are in a -BUY- I recommend you still hold this pair as we are still...
CADCHF has broken downtrend that started on 02/27/17 and was confirmed on 04/13/17 Bottoms formed on 06/02 and 06/07 creating a double bottom, downtrend was broken and is currently testing for support. Three potential take profits, looking for a buy around .71750 with a stop loss at .71500. TP1: .73550 TP2: .75700 TP3: .77000 Check out profile for update and news!!!
AUDNZD has created a valid uptrend on the daily. Higher High and Higher Low formed. Stoploss 1.03500 TP1: 1.08400 TP2: 1.09600 TP3: 1.12600 TP4: 1.16000 Check out Channel for News and Updates!!!
Are we finally going to have gold dropping? I've been anticipating a drop for gold since last week. However; we haven't had any major confirmation. Regarding this Medium-Term-Trade we may have a down-side coming to us this week. Now the gold market has just opened 45 minutes ago. So a LOT can happen until our daily candle closes. If by when this daily candle...
Could we see a possible down-side for USD/JPY? Previously we have seen that price went into a small bullish trend. As you can see it didn't go too far; as it rejected our Major Trend-Line. That area was a extreme critical area as it aligned with a Major 38.6% Fibo area. What do I need for a entry? If we manage to see price closing -BELOW- our Minor Trend-Line I...