Currently I'm bullish but I'll be bearish off the 1.29 handle.
This morning we had fairly decent ADP figures from the US in at +174k.
Typically on a monthly basis the ADP provides a leading clue as to what we might expect with the following NFP figures. My guess is that Non-Farm on Friday will come in hot and could add some strength to the greenback. I don't...
AUDUSD has moved higher since our last analysis largely due to USD weakness as a result of US stimulus. We expect the upward momentum to continue and the currency pair to challenge resistance above 0.8 in the coming weeks as we await US data on Friday including payrolls which could lead to significant price action.
EU IS SETTING UP NICELY FOR A BUY. AT THE ENTRY PRICE YOU WILL SEE PRICE TOUCHED IT THEN REJECTED DOWN TO TEST THE DAILY FLOOR. IT HAS NOW CREATED A ENGULFING CANDLE HEADED TO THE UPSIDE.
THERE IS NON FARM NEWS FOR USD RELEASED TODAY AT 13:30, KEEP A TIGHT SL
CURRENCY STRENGTH IS OK RIGHT NOW FOR...
Stocks got smacked down to relative lows. We may be forming the first shoulder and head of a head and shoulders pattern. Watch 3396. If the S&P can't break this high, then we will have our second shoulder. The neckline will be solidly established at 3308. The Kovach OBV is trending down, so we may not even see this H&S form before a breakdown. We do have...
EURUSD has been in this channel for almost 2 weeks with top and bottoms holding. See past ideas where we have profited from these buys.
Look to buy at current price
Target top of channel or short 30-40 pip range if you want to day trade.
Trading made Simple
Short Buy trade set up for GBPUSD.
We are nearing a support zone area with RSI from daily to 1hr all in the buy zone.
US Nonfarm Payrolls still underperforming, this drop is a retrace, Bulls are still in control.
Look to TP at 1.3320 to 1.3347 range.
Trading made Simple
Stocks are absolutely crushing it, continuously making new highs. Watch for a bit of a squeeze, especially before nonfarm payrolls. As with bonds, a bumper number could set stocks rallying further, just watch for profit taking. A bad print may also be good for stocks because it would warrant more intervention from the Federal Reserve. If we do see a pullback,...
Based on the chart as Non Farm Payroll news activated, GBPUSD is looking to create an uptrend. There we are looking to place a buy. Price for take profit may hit by Monday for the next week when the market opens on Sunday.
Gold just reacted tp the recent rectangle retest support because , thus we might go in the next hour (16h) to the last resistance of 1720 and after if it's breaks(probably, because it hitted the recent support) we might heading towards 1729 !
trade safe and take your risk-reward with you always
The SP500 stqy ready to receive the worst non-farme payrolls report ever.
Two possible strategies, be very careful. Even if the report is expected very bad, the market (the FED loool) can do whatever it wants!
Of course we can reverse sooner, as I predicted previously, but this is what makes the most sense today and falls in line with some old charts...
Let us assume that the money printing is the rising tide. If the market goes up on average this week and or at least follows the rules for a TD9 printing, we will have a potential reversal on that indicator (not a big...
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Trade carefully ahead the Non-Farm-Payrolls!
Splitt this trade into two positions, each 50% position-size.
Both positions have the same...
EUR/USD long daily in all timeframes 30m into daily
Oversold levels in Demarker, Rsi, BB etc. oscillators and indicators
1.09700 key level watch this price to go long when pullback
Expert advisor 1.11 target profit of +100 pips
Economic calendar release USD is expected bearish this Week
Especially Non-Farm Payroll coming this Friday