EURUSD has carved out a nice Wedge pattern for us on the 4-hour. It looks a bit more defined on the Daily as well. Before the weekend, price showed it's hesitance to break further down at the bottom of the Wedge and at structure support - 1.08300 Trade Idea(s): If price breaks below the Wedge and 1.0830 support, I will wait for a retracement before entering a...
This chart is pretty self explanatory, bitcoin's trading range has been slowly decreasing over time and it seems like we might be getting a big move either south or north in the next few days.
EURAUD has been bullish since the beginning of December 2015.As bulls have exhausted themselves a little, it gave the bears the opportunity to change the game. A break below 1.53 levels could bring EURAUD into a bearish movement. However a stop at that region may bring the pair back up even higher. Either way, this is a spot to keep on the lookout for.
We might get a short or a buy. Either its gonna be a big move.
EURJPY; has a potential reversal zone with completion of D leg (long opportunity) if the price fails and continues down = Next PRZ @122 (Butterfly) DataForex Group - Professional Chartists WWW.DATAFOREXWEB.COM Follow us on social media - Instagram: goo.gl - Twitter: goo.gl - Facebook: goo.gl
-1 Call at 2090 -1 Put at 2010 Backtest probability: 83.5% Sharpe Ratio: 0.82 (2 years of backtest)
Following our yesterday's bullish setup, EUR/USD is currently consolidating waiting for this afternoon's NFP. On H4, you can see on the left how the Lagging Span tried to cross its TS but was rejected. Prices tried also to cross the thin TWIST but were rejected as well. Also, TS acted as a nice support since prices touched it and immediately rebounded. The...
My opinion for FX_IDC:EURUSD from a technical standpoint. I am waiting to see a few bars and their closes/touches.
Apple is in a falling wedge (trust me, the lines aren't random and work on multiple time frames), but for the last two days there's been a rising wedge. While there may be a decent rise in the future if/when AAPL breaks up out of the falling wedge, it may reject the wedge and bounce down to 105 in the next two days. It will be important to wait and see if AAPL is...
Hello everyone, i will be posting here my ideas so i can keep track of them. Why i dont publish in private? Because i am open to any suggestion, so if anyone has something to tell me i will be glad to ready what he or she has to tell me! audchf possible moves to come. Here i draw a scheme of price with arrows to make the movements clear (at first it might look...
Turning neutral and watching closely. I think good entry for e retracement IMHO - RSI & Stochastik with bearish indications and market is very overbought. - bearish engulfing and hanging man (confirmed with bearish engulfing) - spreads have been weak the last three days already indicating a trend change I am neutral with a bearish bias, but need more confirmation IMHO
EURUSD Has established a very powerful resistance level around the 1.15 price point. A well placed pitchfork depicts EURUSD's steadily ascending price range for the last 6 Months. A break in this price range would serve as a signal to sell, as it hints that EURUSD is not ready to begin a long term rally and may fall to parity. Conversely, a clean break above close...
Ladies and gentlemen, I recommend you the idea of the pair trade: 1. it is long position in the company OCIR (OCI Resources LP) and short position in the company RIO (Rio Tinto plc). 2. it is long position in the company OCIR (OCI Resources LP) and short position in the company ARLP (Alliance Resource Partners LP). Stocks of the company OCIR are stronger than...
Right now there is too much going on, I recommend stay out for today and tomorrow (if you are lucky and dont have any positions) and see what gets confirmed for one side we have the up trend which is on wave 4/5 of elliot although its a bit too much retractment for my like (nothing that we havent seen before) if the pair can retake the 1,1471 then the 1,16-17...
EVENT RISK! *SCALP STRATEGY FOR EUR/USD BEFORE CONSUMER PRICE INDEX* 'IF LONG' - needs to brake resistance at 1.1045 for a possible long - T/P 1.805 ( Resistance Level ) - However will pull out if price action dictates consolidation or uncertainty. - Watch if price stays within the turquoise consolidation zone - Look for strong candlesticks 'IF SHORT' -...
Since all the rumours of ECB QE were sold, and the actual thing was announced on early February, EUR/USD has been trading rangebound throughout 2015 with most of the price action developed in the 1,08-1,12 band. Hindsight is 20/20, but the best trades this year have been to buy the lows and sell the highs; and there's reason to believe this will hold for the...