Art-of-FX

Art-of-FX

Audjpy found itself making a move up due to a falling wedge breaking. Now it looks to be flagging, to make sure the trade works in our favor we will wait till the price action close above the upper trend-line. Then target the rectangle. Dont forget to wait for a break of the trend line to confirm the trade. Getting in to early can cause draw-down.

Art-of-FX Updated 

Im a big fan of this current price action on AU, mainly due to having a cheeky long on GA i just posted about. I I love the trendline break and then the follow up retest of the underside of the broken pattern. Its all very pretty and straightforward. Really nice R&R

Art-of-FX Updated 

This simple long trade is a combination of S&D, FIBO, and a custom indicator. The risk and reward ratio is nice here and i think it will be a successful trade. Provided it gets near my stop I will evaluate the S&Demand area and consider moving my stop to that zone. My general rule of thumb is I can move the stop 1 time only If I find a nice place below my current...

Art-of-FX Updated 

I think UCAD is warming up to the idea of a strong potential up move, however I will set my first target to the rectangle as shown on the chart. Once we hit this level I will put stops in profit and take some off, then re evaluate the position for more potential upside. I have 1 open position 1 position pending if the UCad makes another move down.

Art-of-FX Updated 

I havent posted in quite awhile I took a little time to try some other strategies out and experiment with some things. However I will be posting again for the year and putting some ideas of trades out there once again. This is USDZAR long, I wanna get it out there first and then discuss the trade call later. The chart explain what Im expecting and when I have some...

Art-of-FX Updated 

I posted this short play a couple days ago and said i was average in up to 3 times, I now have 3 positions on and am looking at the market in this way. I expect to see my targets all hit. I will feel better about it and perhaps add 1 more if and when the red line is broken.

Art-of-FX Updated 

CADCHF long is a ripe setup, i was watching the nice expanding but now i think the overshot is over and we will see a move up to my target and beyond.

Art-of-FX

EG hit my last bull target and now I am looking south for quite a bit. 150 pips minimum will be what I am aiming for if not much more, Ill leva eone running position open when i reach target.

Art-of-FX

I like the short side of gold right now, my last gold call was great so lets hope this one goes just as well. Whether or whether we do not make another leg up it is safe to say we should have some harmony around the 1220 area for a short side target. We could fall further but i dont like to push my trades, I just appreciate that sometimes it is better to take what...

Art-of-FX

My custom indicator is telling me its almost time for the EURUSD to have a little move down. I would look for the bottom TL for the first target and then the other 2 rectangles will be T2 and T3. I will add positions up to 3.

Art-of-FX Updated 

The Eursd has put in a couple of nice candles in a row on the bearish side, my only issue is that they are news candles, which makes them a little less reliable from my personal experience. Provided we open up with no severe gaps I will initiate this series of 2 trades. I will open short 2 positions to the first rectangle. Provided target is met I will then close...

Art-of-FX Updated 

I posted a gold chart last week, I left it on the chart to show it never came to fruition. However after moving down for quite some time we have a proper break and retest of the descending trend line. This was a great time to get long and aim for around 3/4 of the pattern. Im gonna aim for harmony around the 1223.00 Area before closing my long trade. A stop loss...

Art-of-FX

This GBPUSD pair needs a little harmony back into it. Its been creeping down ever so slowly, I think we are due for a proper retest of the 1.23 area before any other big moves happen. All signs point to short term bulls and I think as long as any large gaps dont open up at the bell this will be a smart play to start the week off right.

Art-of-FX

Ive posted several times about this giant formation on the EURNZD daily chart. Its nice to see its well broken out of this pattern that has been forming since late 2015. I imagine the EURNZD has a way to go up. I dont think it will get there tomorrow, but in due time I truly believe this target will be met. We may see a proper retest on the pair to which I will...

Art-of-FX

I dont post that often, because something Ive learned is its better to focus on the trading than the analyzing. However if you look at my charts I am usually correct. This is another one of those gimmie trades we dont wanna miss out on. Clearly will wait for a break of the TL and then will be able to define our stop below the price action. If it never breaks, dont...

Art-of-FX Updated 

So I have been following the EA and AU pairs very intently the last month or so. I am really anticipating the next move down should be coming up pretty quick as we reach the top of range/pattern here. I will also be playing the inverse of EA at the same time. Will aim for half the patten for now.

Art-of-FX Updated 

This is a follow up to a previous NU chart. I like the price action testing the underside of the trendline before resuming the larger fall.

Art-of-FX Updated 

Lovely patterns pointing to the upside for the EA, already watching for the Aussie to fall sometime in the near future, so I will also be trading this long as well. Will aim for rectangle first before I re evaluate the positions.