Clarity_FX

Clarity_FX Updated 

Abit unusual to consider getting into the ££ at the moment. However, the daily chart is showing signs that buyers may be pushing price higher. Will be keeping a close eye on this trade.

Clarity_FX

Another potential reversal here. A glimpse on the daily chart hints that sellers may be regaining control of price. However, for this trade to be executed, I would have to be persuaded that buyers are in control of price, and keep my eye on the candles close today and its movement tomorrow.

Clarity_FX

Strong bounce can be seen around the 0.74500 area. Buyers have already made their move upwards, however, to consider this as a viable trade I would have to be sure that buyers are in control of price, and therefore for todays candle to close above yesterday's highs. In addition, be aware of the consumer price index report that may have a big impact on this trade.

Clarity_FX

Strong rebound seen here on the daily chart. Before I look to enter this trade, I would have to be sure that sellers are in fact in control of price. Therefore I will keep an eye on the lower time frames to gauge confirmation, and look to enter on the daily time frame.

Clarity_FX

Finally a long position. Price has rebounded nicely from a strong support area, and looks as though it has hopes to continuing higher. I believe that buyers are taking control of price on the lower time frames, and their long positions are beginning to show on the higher time frames. Will be holding this position.

Clarity_FX

A little bit late to the party as price has already pushed up passed my desired entry. However for me to still consider this a trade to take, price would have to retrace back down slightly to a more favoured entry to benefit my risk to reward ratio. In addition, if I were to enter toady it would likely be on one of the lower time frames, but if I were to enter on...

Clarity_FX

Sellers seem to be in control of price as it rebounds strongly from the 1.75554 are. However, at 14:15 the GBP inflation report hearings will commence. Therefore a tentative approach to this trade is key. Updates will follow in regards to my entry.

Clarity_FX

Price is trading on strong support on the daily time frame (all though the candle has not closed) and hints at heading lower in the midst of the RBA Interest Rate Decision, announced by the Reserve Bank of Australia which is set to remain unchanged (Bullish). I will potentially be looking at entering soon on the 4-hour chart, although my preferred position would...