Whats up guys, we are looking at the AUDUSD pair for a real long term buy. On the Daily chart we see two correction waves marked as yellow boxes. On the downside there is a divergence formed and price strongly retraced from the lowest point with a huge bullish daily candle. I just traded this two weeks ago but got stopped out. Now we are in a much better shape...
Hey guys, we are looking at the EURAUD which is currently at the best zone for shorting it. I drew a down trend line where it stays in the 4h for now. Also price is in a first level of consolidation, marked in the yellow box. The high of the box is my favorite 6.81 fibonacci level. Paired with the trend line and the wicks formed in the 4h chart its actually the...
$MOMO Looks Bullish here. Swing trade plan.
I’m euro bullish mostly because it has been one of the top-performing currencies in the past weeks, likely drawing most of the safe-haven gains away from the shaky dollar. To top it off, anticipation for an ECB hike continues to keep the shared currency supported. On the flip side, the Kiwi is on weak footing owing to the RBNZ’s more downbeat stance shared in...
jumping in long again after already bagging 200pips on this trade this week. Rejection of 145.000 now we've seen a retest of support/area of interest. 147.00 new targets
#XMR TD counts could still complete with continued momentum downward, and MACD/fisher still diverged, but trading below EMAs and the ichi cloud so high, definitely prime for on sale purchasing in plan of impending breakout upward to start trading close to or through that Kumo cloud. CMF dropping a bit again still, bit diverging from pRSI too. Oh, the 8 went away...
Swing trade Entry point 1.29500 (sell limit) Stop loss 1.31750 Take profit 1.21550
Aussie dollar has pullback to .618 of previous bearish swing, tested previous reactive structure at the level and a previous trend line. with RSI hitting resistance at this level. Price formed an inside bar at 1H chart. Short upon breaking down. If price breaks to the upside. No trade as there is many resistances ahead.
After the preview trade idea failed I have been looking for a decent opportunity to try this one again. After two bounces on this long term Horizontal support, I think this is the next opportunity. Risk is low as stops can be fairly tight. We are in the buy zone (411-540). I also have some crazy low buys just in case of another wick down. Below is a volume gap...
$JD Swing trade plan - Nice consalidation around $38
Looking at the chart of ZEC, it appears to have arrived at a fork in the road. Convergence has led the price action to form this triangle, the bulls and bears are uncertain. Some indicators: ===================================================== RSI - Around 35 to 40 on the Daily charts. MACD - Crossed into green. EMA 21 - Trading above it with a few candle...
DXC looks like it should be a good swing trade, MACD crossing soon and day over day gains.
Knight-Swift ($KNX) posted an ER beat and Revenue miss on 4-25-18. I'll be entering into some 6/15 calls with a price target of $41.75 where I'll let those go. Hoping for a fun swing trade on this dip. It's currently trading below the 255-day linear regression 2x standard deviation line.
We are in the buying zone right now. Every coin out there making CH formation so we can't be sure which one will play out like it should be. In this case we have an increase in volume and TD Buy signal is confirmed. I recommend swing trading this coin, it will make much more gains with swinging and daytrading strategies. The project is not a big problem solver or...
UJ preparing the big movement. Option A: price could respect the daily region and drop until 4h trend line, if breaks the trend line we continue down for a couple of hundred pips. Option B: price could break the daily region and continue up until Daily trend line, and we wait for a double top and candle confirmation to enter short. If break the Daily trend line...
Ever since I began trading forex it's been apparent that the EURUSD would be the most frequent go-to pair. After all, I live where one of the currencies is relevant (due to my novice understanding of the economy, not because I reside). So this is what we'll do. We'll examine the market from a long perspective and devise a reasonable target. We're going to go...