This is a "counter-trend" strategy. We do not predict but instead anticipate exhaustion in price and trade accordingly. Short @ 50.10; Stop: 20 ticks, Target: 60 ticks. Long @ 48.45; Stop: 20 ticks, Target: 60 ticks.
Expecting "intraday" price action to range between 47.40 and 49.40. Use these levels to to anticipate a "correction" to the prevailing intraday trend. This is a "counter-trend" strategy. Suggest Long @ 47.40; Stop: 15 ticks; Target: 45 ticks. Suggest Short @ 49.40; Stop: 15 ticks; Target: 45 ticks.
This is a "counter-trend" strategy. Expecting price to range between 10395.0 and 10625.0 during the Euro session. A gap down into 10400.0 would have me looking for a counter-trend trade at 10395.00. Long FDAX @ 10395.0; Stop 20 points; Target: >40 points. Short FDAX @ 10625.0; Stop 20 points; Target: >40 points. Please adjust your levels to match the DE30 CFD...
Swissy bears have been rejected at range support and bulls will be looking to push the pair higher in the coming sessions. Pair traded as low 9661 in early NY trade, but found willing buyers who managed to completely engulf the preceding sell off. Bulls will now be looking to take out the .9720 - 9742 interim resistance zone, with a break above there targeting...
E.ON moving in a range since about 10 months. Follow this trend going long at the bottom of the range for a TP at the top, 9.65 zone. Note: Trade triggered few days ago
Sell on a second re-test opens a good short opportunity.
DNB is trading in the bottom of a nice trading range. Potential for a low risk high reward long trade if price opens in the same area it closed on Friday. Stop-loss level just below support line.
Any break above this level could drag USDCAD toward the next targets Today's news (US nonfarm payrolls) Will likely decide the fate of the looney and whether it can break out of the 1.2900/ 1.3000 range it has been stuck in
Hey, As you guys can see, there is one more resistance and after that, there would be a big short trend coming ! if it breaks our target which is the next resistance point, then I think AUD gonna go down so much ! Please keep this in mind that this is a very risky place for AUD/NZD to be, so put your SL, maximum at 1.04790 which would not expose you to a lot...
AudJpy In Range Sell on the top side of the range after bearish Candle Stick Formation
NZDUSD in 200+ pips range, so it's simple to buy with small stop loss at the button of the range, target to the top of the range
Middle term resistance at 0.7600 and Middle term support at 0.7388 so the price should play in this range next few days
With the Long-term trend being down and the break of a Short-term up-trendline, I see a Short opportunity together with Price Action Bars, ofcourse. Although We can see that Price currently is in an Range structure and we have to be Cautious for the Tests of Support and Resistance. Further we see previous Divergence of the RSI with the Dominant trend and RSI at...
EURGBP Range trade, short entry. Only problem is it's Friday and this trade will take too long to develop. I don't like to hold positions over the weekend. I'll reevaluate Monday. There is a high probability that it will retest the resistance before retracing.
Stop loss below the support. Considering the SNB is easing and the GBP is tightening, plus a positive overnight swap offers an attractive buy proposition. Possibly better value than the USDCHF