KingWenz84

KingWenz84

So this idea is in line with DXY idea. On this pair we have hit the supporting trendline and have shown a good bounce. I am planning on taking this up to the shown resistance.

KingWenz84

So we have had a nice push up which has taken us to the shown trend line and it is looking like the resistance will hold. This should now drop which should mean xxxusd pair will be up and usdxxx should be down.

KingWenz84

So this pair is moving nicely. I am going to add a position here as so far it is going in line with my expectations.

KingWenz84

So looks like we are still ranging on Gold. Lets see if we can got another push up before the new tomorrow which I think will push gold out of the range.

KingWenz84

So the DXY is at an important level with the potential of dropping through the floor. On GBPUSD we have created a higher low so with both of these in mind I am going to try taking this back up to resistance with a nice little 1:3 RR

KingWenz84

This is a nice little high probability trade. Support to resistance.

KingWenz84

So looks like we have broken through the strong support. My plan now is to wait for the pullback (hopefully to the previous support which should turn to resistance), and take this down the shown level of support below

KingWenz84

Further to my last idea we have been given another good entry point for the long after this little pull back

KingWenz84

So this pair is looking bullish. We have hit the double bottom and since then this has been making higher highs. I see this breaking out of this resistance so I am going with a standard 1:3 RR

KingWenz84

So on this pair we are trading within a closing range, we rejected nicely of the top and now appear to be heading in a bearish direction. I am going to try a 1:3 RR trade going with the new trend.

KingWenz84

So this has moved roughly as planned. We have retraced as expected and now appear to be heading with the bulls again. I am going to add another trade on to my last one however this one will have a tighter SL

KingWenz84

So my last trade seems to be going ok. We have now broken and retested the resistance / support. Lets see if we can get a nice little extra trade out of this.

KingWenz84

How Bearish does this look. We have a break and test of the support turned resistance, a cross of the MAs, low highs for the past 6 weeks, all started off with a nice double top. What more can you want to short it. however this is gold so I would not be surprised by some spikes up

KingWenz84

So we have been trading within a range for a few weeks now. This idea is based on us staying within said range. Its a simple one but sometimes those are the best ones.

KingWenz84

Right so we got stopped out on the last idea. Lets try again. This time off the 200ma

KingWenz84 Updated 

Lets give this bad boy a go. It's quite a high risk trade so small lots. predicated on a break of one trend and a bounce off another.

KingWenz84

So, another idea from my on this pair. I see this as a break and re-test of the trend and a good indication of a bullish push. I see this going up to at least 0.9427, but lets take this one step at a time. there will be opportunities to add to this as it goes up.

KingWenz84

Ok, so my last idea on this pair is still playing out with stops at entry and 75% profit taken. We have now seen a nice pull back to a good level of support and have bounced nicely. This gives us a good chance to go again with more than a 1:5 RR up to the major resistance.