…before enter short. If it moves just straight, I will not trade it. Otherwise: SL&TP as indicated. This is not an Investment advise this is just my personal opinion.
...H&S. We moved below the support line. I stay short until the ECB shows any signal to move away from QE & to adjust interest rates. The indicated S&R zones are good entry points or exit points in order to trade any legs. This is not an Investment advise this is just my personal opinion.
SL and TP as indicated. This is not an Investment advise this is just my personal opinion.
… and unfortunately I missed the premium entry. Hence please find SL&TP as indicated. Nevertheless define interim TP 1 - 3. NZD is currently very weak since the central bank just confirmed the current interest rate and the monetary policy. So this trade is pure technical driven. Since I missed the premium entry I start with half position and trade my way through...
Unfortunately I missed the premium entry hence I am not going to trade this one. Nevertheless TP/SL as indicated.
Double top (daily); short; SL&TP as indicated This is not an Investment advise this is just my personal opinion
TP & SL see in the chart. We might see a third leg down. Hence I just open just half of my usual position for this trade. If we break the support line I close the position and I reenter the trade at the second support line. In this case I will adjust the TP/SL for this trade. Due to the possibility of third leg down we have the extended SL and the bad RR. But I...
...but for me it is working. Entered the trade around 1.5230. SL/TP in the chart. Nevertheless I might move SL to BE within today. This is not an investment advise this is just my personal opinion.
In a nutshell: AB leg was completed on 12 June CD leg is reaching PRZ TP 1: 2,760 TP 2: 2,740 TP 3: 2,700 SL: 2,900 PRZ: 2,850 - 2,890 Keep in mind this is an indices related trade. Hence due to different market participants we might see "more" irrational behaviour and we might see more traps than in FX related trades. We might see an attemp...
In a nutshell: Currently EURNZD is testing the PRZ (Price Resistance Zone): 1.7230 - 1.7300 Wait until EURNZD breaks through 1.710 (which might take a couple of days) If the break happens, sell EURNZD with TP1: 1.6970 (130 pips) & TP2: 1.6750 (350 pips); (wait for the retest and confirmation) If the trade is triggered, this trade will run 8 - 12...
In a nutshell: Leg B completed TP stated in the chart SL stated in the chart
In a nutshell: Leg 2 is almost completed with PRZ: CHFJPY 113.00 - 113.70 I wait for the retest of the PRZ If 1.618 FIB Level is completed TP as the following: TP1: 111.85/TP2: 111.30/TP3: 110.750; please adjust TP if we break the trendline before What do we see: Within 15 Business days we formed leg 1 (350 pips) We saw a textbook retracement: FIB...
In a nutshell: AUDNZD refused to move above 1.10 RSI divergence 4H First: we need to break the blue trendline Second: we need to break the blue horizontal support line TP should be around 1.08 This is not an advise this is just my personal opinion.
In a nutshell: TRYJPY refused to move above EMA200 Volume dreases at current price Level Don´t short before the current uptrend line will be broken This is not an advise it is my personal opinion
In a nutshell: GBPAUD refused to move above 1.800 GBPAUD is currently slightly above EMA 200 Weekly; which act currently as a support After closing below EMA 200 weekly a short might be a good idea Volume decreased at current price Level We broke the current upward Trendline SL/TP won´t be shared This is not an advise this is just my personal opinion
First of all, we saw in the recent weeks/days a couple of fake moves. So please keep this in mind, the graph looks almost too perfect What do we see: Double top formation (Eve & Adam) Price confirmation, i.e. the DAX closed below 12,550 Three weeks between the Peaks The price closed below 200 EMA, but... ...50 EMA did not cross the 200 EMA The...
...it looks promising but we need some more confirmation before entering into the trade. In a nutshell Double top is under way; for confirmation we need a close below 108.25 USDJPY otherwise we have 65% probability of a further long More speculative traders should wait at least until the break of the upward trendline (and should take some profits around the...
...miss something? Maybe this electric car thing? The market has recognized it already, but the Germans are still waiting for governmental subsidies and still pay high dividends instead of investing in R&D/ technology. Now some "big bills" for the this "Diesel Thing" will come in and again, this money won´t be invested. And more threats are around, like trade...