FOREXEL

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About me Futures and forex trader
Joined All over the place
“No warning can save people determined to grow suddenly rich” – Lord Overstone
Markets Allocation
86 % forex 4 % indices 0 % stocks 10 % other
Top Mentioned Symbols
EURUSD 9% | 27 EURAUD 8% | 25 USDJPY 7% | 22 AUDUSD 5% | 16
FOREXEL FOREXEL GBPUSD, M, Long ,
GBPUSD: So gonna buy this one
77 1 3
GBPUSD, M Long
So gonna buy this one

Yes there is a risk for a juicy down move still once the Britons file the papers for the Brexit. that would be fantastic! Nevertheless, see the monthly chart which shows a multi year low and attractive price to buy and to sit on. with a wide stop this is a good buy and a crappy sell and these deals do not come around that often. Once the Pound regains its footing ...

FOREXEL FOREXEL USOIL, D,
USOIL: Do you see the trades here?
70 0 3
USOIL, D
Do you see the trades here?

I hope you do, if not your mind cant read simple charts. The white line is KEY and it is the monthly opening price line. Grey Line is price The Red/Green is the Vstop created and offered for free by TV Admin (thanks bud) Dont know how to trade this simple strat when you get spammed with techs, bats and various patterns and predictions? dont worry just pm me and i ...

FOREXEL FOREXEL GER30, W,
GER30: whats next for the DAX
264 0 2
GER30, W
whats next for the DAX

For you pattern traders out there..will this current downward move be rejected or... the thick white line on the chart is the monthly open tracking along. that is what i played but I spotted this one so i share

FOREXEL FOREXEL USOIL, W, Long ,
USOIL: A buy on dip..now give me a good one
29 0 0
USOIL, W Long
A buy on dip..now give me a good one

In this alternative energy age... We are not beyond the need of oil just yet

FOREXEL FOREXEL XAGUSD, W,
XAGUSD: Structure to serve as fences for trading..whats next here?
46 0 0
XAGUSD, W
Structure to serve as fences for trading..whats next here?

Silver bounced when hitting structure to now running into another structure...

FOREXEL FOREXEL NOKSEK, M, Long ,
NOKSEK: A buy on dips trade
14 0 1
NOKSEK, M Long
A buy on dips trade

TP 1 and 2 on the chart

FOREXEL FOREXEL CADJPY, M, Long ,
CADJPY: Big TF Head and shoulders if you trade it
8 0 1
CADJPY, M Long
Big TF Head and shoulders if you trade it

Big time frame Head-and-Shoulders I like what I see here, Pay close attention now and see if this downward move really becomes rejected. If not it will invalidate this pattern. Nevertheless, price is a good deal already with a wide stop. the only risk is a new low but even that is manageable to trade on the monthly. I would not mind the pattern to become ...

FOREXEL FOREXEL EURUSD, D, Long ,
EURUSD: GBP was never part of the Euro..just the EU
28 0 0
EURUSD, D Long
GBP was never part of the Euro..just the EU

I am going yo keep on buying the dips on this one. It is just a matter of price and if you get a good deal or not. If you can buy the Kiwi then why be scared of buying the Euro. Every time it takes a dive I see an opportunity right now. I will only change my mind when Madame Yellen is more aggressive,, not just being Hawkish when talking, but also doing what ...

FOREXEL FOREXEL NOKJPY, M, Long ,
NOKJPY: Open your horizon for good trades
23 0 1
NOKJPY, M Long
Open your horizon for good trades

When markets are uncertain and major pairs and ordinary crosses are hard to trade due to whatever cloud that hangs over them - it is time to look elsewhere for trades for a while. This is one example. NOKJPY has spiked down to make a multi-year-low, but the structure you see on the chart is fighting back. If you trade based upon trend lines you see that there ...

FOREXEL FOREXEL USDJPY, D,
USDJPY: Price always return to its median and its time to be cautious
50 0 1
USDJPY, D
Price always return to its median and its time to be cautious

Price always returns to its median as they say and this is a very good example of it. If you would have called out this short here on TV back in May 15 (which I did) you would have been laughed at and mocked ) it seems I got the last laugh ) Nevertheless, every good trader makes sure he/she has a perspective on things. Now, this is a very tricky position and to ...

FOREXEL FOREXEL EURCHF, D, Long ,
EURCHF: A long on every dip
13 0 3
EURCHF, D Long
A long on every dip

might go fast - might be a grind but the target is clear

FOREXEL FOREXEL CADCHF, W, Long ,
CADCHF: Looks like a buy-the-dip trade to me
21 0 2
CADCHF, W Long
Looks like a buy-the-dip trade to me

This pair has a lot of long term upside potential. will look into buying a good dip and to sit on this for some time

FOREXEL FOREXEL EURUSD, D, Education
EURUSD: An easy way to trade if you can be patient for month at a time
65 0 3
EURUSD, D Education
An easy way to trade if you can be patient for month at a time

Look closely at this chart Every tactic is easy to explain in hindsight I know. But with so many people out there trying to trade with all kinds of methods and indicators I want to show this for you. Add a monthly open line. CM has made one here which you find under indicators which works fine. I also added his indicator that plots the yearly highs and lows. This ...

FOREXEL FOREXEL USDJPY, D, Long ,
USDJPY: I like what I see but I would love a better price still
52 0 1
USDJPY, D Long
I like what I see but I would love a better price still

More Brexit/Bremain noise to come and this constant bs about safe haven placements and risk on and risk off nonsense (its all about borrowing the yen cheap when you can and no one opens their books and goes...hmmm I think I wont take any risks today or hell yeah lets take some more risks and have some fun) hopefully and very likely we will see a new yearly low ...

FOREXEL FOREXEL GBPJPY, D,
GBPJPY: GBPJPY - what i see right now and I am not tempted to get in jus
113 1 2
GBPJPY, D
GBPJPY - what i see right now and I am not tempted to get in jus

M pattern ranging close to a breakout and close making to a double bottom as well.. for you tech traders out there.. ADX strength still low under 20 but will pick up from here..for you indi-traders out there.. IMO. with 23rd coming closer the chance for a new yearly low to be made is very high. even tho it might just be made by a volatility spike. Nevertheless, ...

FOREXEL FOREXEL EURUSD, D,
EURUSD: EURUSD - simple rule based trading system
49 0 4
EURUSD, D
EURUSD - simple rule based trading system

1. Price is non-trendind right now with ADX at 20 2. Current yearly price action still has some room to move compared to previous yearly highs and lows. 3. The orange monthly opening line and the price line tells you what your current bias should be. 4. Currently price is closing in on its average price for the year - be careful to trade average price as it ...

FOREXEL FOREXEL GBPAUD, 240, Long ,
GBPAUD: GBPAUD
37 0 3
GBPAUD, 240 Long
GBPAUD

Looking for 2 scenarios 1. a re-test of the channel breakout which if it holds will push price down to the 50%. A long is tempting from there. 2. A failed re-test which will push price higher a bit and delay my trade. I dont mind waiting tho. Limit order set.

FOREXEL FOREXEL EURGBP, M,
EURGBP: For the ones who can read price levels and triple taps
47 0 5
EURGBP, M
For the ones who can read price levels and triple taps

whats next? eff knows but 0.7550 is key

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