Euro vs. Dollar projection for this and next week. Brexit volatility calms down, market noise going to normal levels. Our view is based on 65% technical and 35% fundamental. On US open of 6-th July we expecting pair to reach new low over 1.1020. On these levels pair got high probability to change major trend on 1 hour time frame. In the beginning we expect range...
The central prcie sector as forseen on my previous analysis for SPX500 should have netted you guys some serious profits by now. SO here is my next opinion..... We will see most likely a newish all time historical price at the top, then a drop down back into no mans land. From there I hope along I'm sure with many other short position CFD traders is that we...
following a break and close below a near term trend line A close below 0.97790 on the 4 hour chart could lead us down to 0.96800.
QUICK BUY! I USED A CHEAT CODE FOR ALL MY TRADES
I am going long this pair because all timeframes I watch are aligned and the setup was very obvious. I think this trade (if correct) could be held for a longer period.
I am taking a short term short position on this pair with all rules applying except it is in some strong buying area so it basically betting that price will at least revisit the lows I am taking half the full risk on this trade because of that obstacle I am seeing.
Declining Triangle formation on top. Not very symmetrical but OBV indicates insider activity is a prelude to negative earning announcement. Entry can be at current price levels if there is no bounce prior to earnings. Uncertain a straddle straddle strategy is ideal but only when Implied Volatility is high.
I am taking this short dispite the quick snap back up to supply because this are has good structure, is in line with my rules, and made a new low under the old areas of demand. the V that this price has created is a little scary, but it still follows my rules.
I am betting that this pair will continue to move lower. it took a smack at the supply zone and has some rom to potentially move lower.
I am short the EURUSD with a wide stop about the last supply/resistance whatever you want to call it. It didn't hold down out of the little tight range it is in like I had hoped. so the momentum I thought was going to be there, wasn't there. I entered this position missing a few criteria. So it was not a very successful trade.
I am calling this a hedge but it is a test trade because I think the macro trend is going to turn up for maybe a little bit in this pair. but I am not nervous to take it because of my small risk and opposite position short the dollar AUD. I am taking this trade because it took out supply for the first time since reaching these macro demand levels.
I was previously short this pair, but price showed me rather quickly that I was wrong. so I exited all USD Long positions and put on a small position long AUDUSD to see how long the trend will continue.
I am going short against the major trend with half position because I like how price hit a wall against old supply level and began fading back to some used up demand zones. zones that might be easy for sellers to remove if the buyers are all used up. but I am cautious because of the momentum and will jump out if it starts to act like a short term pull back
Trade taken, rules apply. plenty of space to se if the lows hold or if I am going to be wrong. I think the dollar might gain some strength in the coming week or 2.
I had placed trade when price failed at resistance but didn't wait for demand to be removed to confirm higher probability of strong selling
With prices breaking an area of high support and further retracing back up to the support region. This aussie pair likes like might be creating a 5 wave move lower. Happy trading everyone
This is a scalp trade not the best but i chance to catch a quick 50 pips reasons for -Price has come to key area of 130.00 -Price has bounced of with two bearish candles -Price will need to make a move lower before any bullish movement -A small correction is needed A few more reasons to but not worth me going into detail :) Enjoy trade safe
BAT PATTERN PAIR: EUR/JPY TIME-FRAME: 1HR TRADE: BAT PATTERN There's a potential Bat Pattern forming on the EUR/JPY 1 hour time frame. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart FACEBOOK: facebook.com YOUTUBE: www.youtube.com