FTSE 100 (CFD) - was looking for pull back to 5830 since yesterdays lows, entered short today at close of 1H candle @ 5817, target at recent lows , however I'm expecting that price would move lower next week. To enter this trade at this point I would wait for any pullbacks at 15min chart.
"...Its progress with the DoJ is particularly important to Royal Bank of Scotland, because the British lender is also expected to be hit with a hefty US settlement. RBS posts third-quarter results tomorrow but is not expected to give a substantial update on its DoJ talks because they are not thought to be at an advanced stage..."
27 OCTOBER 2016 • 2:33PM
Rejected at trendline - daily (yellow), strong support/resistance around 1.3140 (4H chart ,red line) confluence with fib retracement @61.8 as target T1, T2 possibly around 1.3 wchich may confluence with daily trendline. Stochactic overbought and already crossing. Stops above even level of 1.34 or if you want to be more aggresive just above recent highs.
AUDUSD - sell signal generated, recent trend line has been broken - very good potential RRR, take 50% off at TP1 and you have risk free trade, move SL to lock profit once next TPs levels are being hit, let winners run and protect profits!
good luck & good trading
Based on my system (still testing it) sell signal @ 10:00 candle - short opened at close of that candle - stop just above recent highs - targets as presented - will be taking parts of position if those level are hit and leaving some of it running with trailing stop.
good luck & good trading,
Missed my planned entry @ 88.6 of recent move but I’m still happy to enter long at current price with stops at 1.2970 – so just bit below of recent low 1.29719
Targeting 3:1 - 4:1 RRR (1.618 fib extension and possibly above), however there are few ways this trade can be played:
1) When price reaches 1:1 RRR take off 50% of position leaving STOP as it is – gives...
Time frame: 4H
Possible double top, divergence on RSI TP1 at confluence level of Fibonacci levels and support area - previous structure - look left. SL above recent highs Very attractive RR - 4.4
Entry: SELL LIMIT @ 1.1255 or MARKET ORDER
Good luck and good trading!
Looking to go short @ around 51.15 if we get there possibly 2nd entry @ 51.62
Stops above recent highs – 52.50
1st target 1.414 ext. @ 48.82
2nd target 1.618 @ ext. 48.05 / or runner depending on new chart structures.
Good luck and good trading.
200 EMA acting for now as resistance together with 50% fib level (recent low-to high). Targeting retracement 78.6 which confluences with fib extension 127.2%. Stop loss above recent high - if we get higher high -higher close - trade idea more likely invalid! If you want more confirmation, wait for RSI to get overbought.
Good luck and good...
Quick short idea based on fib retracement - recent resistance now possibly turning support (blue rectangle) targeting 78.6%, RSI – overbought. Good RR – stops above recent highs ~52.50, targets @ 50% fib and 2nd @ 78.6% fib
Time frame: 1H
Possibly good area to enter the short position after extreme price movement up - RSI overbought, area of previous resistance - waiting for confirmation of reversal.
Good luck and good trading!
AAPL – potential scenarios, 1D time frame.
Personally I think AAPL is in very interesting position and can be played both ways – short and long depending on what’s happens next.
We are currently in triangle – Bullish Pennant – suggesting continuation of uptrend if broken outside triangle to the upside. By simply measuring the length of last movement up, we can...