HutsonBay

HutsonBay

Restesting again. Market has two key 4 hour trend lines to reverse off. Overbought and triple top off 1.20 level

HutsonBay

Key Support around 1300 area Previous break higher and double top retest of 61.8 when working off 1300 Looking for a bounce off 1300 and a further move higher

HutsonBay

Tweezer top reversal

HutsonBay

Daily chart has lovely resistance around 147.80 level Many previous rejections Hedging out EURSUD/USDJPY My previous short trade on this pair saw a 400 pip move to the downside

HutsonBay

I was stopped out of this pair on the 4hr trade i took yesterday. Traded during US data release and paid the price. The overwhelming bearish signals coming out of this pair are too good to leave alone. Taking a higher time frame look: Market is protected to the upside by 55 / 100 / 200 MAs We are approaching 50% retracement Targets are previous resistance turned...

HutsonBay

Waiting for EURNZD to re-test the 4hr trend line We broke to the downside 10 days ago which i was shorting. Stopped out as the market pushed higher - SL probably too sensitive. Series of lower highs and waiting for a retest of the trend line before entering a decent short You can see bulls entered the market at 50% retracement

HutsonBay

Shorting this pair Targets 61.8 retracement

HutsonBay

Will wait for the market to develop, but could be a nice cup and handle setup

HutsonBay

I don't normally trade UJ but given the USD weakness and ranges that have been playing out, this looks like a decent RR trade Most traders are net long which means we're likely to see a move lower ;)

HutsonBay

Retesting 4hr trendline Overbought Covered resistance from MAs Should be printing lower highs, but have placed SL above most recent high Trade time 2 weeks

HutsonBay

Multiple 4hr trend lines being retested In line with other trades betting against USD weakness Overbought and CAD still surging after surprise BOC interest rate hike. Should be keeping this position open for a week

HutsonBay Updated 

Lovely long bullish candle from a tonne of buyers just appeared. Stops back under 55 MA Back into range and 3:1 RR

HutsonBay

Re-testing the channel. USD remains soft Over Sold and 3 MA to use as support I remain bullish on this pair, as i have done for the last 6 months.

HutsonBay

Retesting the 4HOUR trend, looking for bullish momentum. Inherent risks from North Korea and Hurricane Irma.

HutsonBay

We have finally broken to the downside. Two previous gaps in the market are always red flags. TP1 1315 TP2 1300

HutsonBay

GBPJPY broke to the downside as USDJPY put in the hurt. Stop loss is under 50% FIB retracement. Retested and broke to the upside. Remains in channel and has 55/100/200 MA as support Entered trade last night and nearly dropped my pants at 6am this morning. 3 pound a point on this puppy. Good luck. TRUST YOUR STOPS !! Have a great weekend ahead

HutsonBay

55MA support Retest of 4hour Trend line TP based on FIB