Kroete

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About me Not yet professional full-time trader who like to share his trading ideas.
Joined Netherlands
Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 44% | 4 GBPUSD 33% | 3 EURUSD 22% | 2
Kroete Kroete EURUSD, D, Long ,
EURUSD: EURUSD possible correction start at 1.0550 level?
110 2 9
EURUSD, D Long
EURUSD possible correction start at 1.0550 level?

The EURUSD is in an extended down move and getting close to previous significant event area's. At around 1.05500 there is a good chance that we will see a correction move up to the 100 EMA. Once price reaches the level, it might be good to look on the 1 hour chart for a 123 reversal pattern for trade confirmation to the upside.

Kroete Kroete USDJPY, W, Long ,
USDJPY: USD/JPY might move higher again soon
64 0 3
USDJPY, W Long
USD/JPY might move higher again soon

Price reached a very strong support level that might cause a reversal on the upside. I wait for a trend change on the 1H timeframe to enter a LONG position.

Kroete Kroete EURUSD, W, Long ,
EURUSD: EUR/USD waiting for LONG entry but expect retracement first.
42 0 3
EURUSD, W Long
EUR/USD waiting for LONG entry but expect retracement first.

My view is that we might see the E/U breakout soon to the upside but since we had some strong rejection last week I expect a (last) move down first. Once we reach the 50EMA Level I will look for LONG entries on the 1H timeframe

Kroete Kroete GBPUSD, W, Short ,
GBPUSD: GBP/USD SHORT Outlook
27 0 2
GBPUSD, W Short
GBP/USD SHORT Outlook

Since the overall Trend is still bearish on the higher timeframe and last week we got a fake breakout on previous structure level, I am looking for short opportunities (Trade entry on the 1H timeframe once signal occurs.)

Kroete Kroete GBPUSD, 60, Long ,
GBPUSD: Possible LONG Trade on G/U after fakey
29 0 2
GBPUSD, 60 Long
Possible LONG Trade on G/U after fakey

Following a fakey on previous support level I am looking for a LONG entry if price can break through the trendline. Risky setup since against the larger trend.

Kroete Kroete GBPUSD, 60, Long ,
GBPUSD: Potential LONG breakout of triangle (Risky trade)
26 0 2
GBPUSD, 60 Long
Potential LONG breakout of triangle (Risky trade)

G/U is still in a downtrend on daily basis and currently within a triangle formation. Based on my view of the 1H Chart, there might be sign of a breakout to the up-side.

Kroete Kroete USDJPY, 60, Long ,
USDJPY: USD/JPY counter trend trade
77 0 5
USDJPY, 60 Long
USD/JPY counter trend trade

The U/J made already a long move down and I am anticipating a correction move coming soon. If the downtrend line on 1H basis can be broken by price, I would wait for a retest of that trend line and if successful enter long.

Kroete Kroete USDJPY, 240, Long ,
USDJPY: USD/JPY Possible Long Trade
26 0 1
USDJPY, 240 Long
USD/JPY Possible Long Trade

The U/J is currently at a strong support level. While the overall trend is still DOWN, there might be chance to get some pips on the Long side if the price can make a bounce from the support level and breaks the downtrend on a lower timeframe like 4H or 1H Chart. A Target level in this scenario could be close to the upper line. (This is no Trading recommendation ...

Kroete Kroete USDJPY, D, Short ,
USDJPY: USD/JPY Strong Sell SIgnal
43 0 3
USDJPY, D Short
USD/JPY Strong Sell SIgnal

Very nice short signal on USDJPY. The overall trend is down The current correction move has some space to the left A bearish engulfing bar on daily basis is formed that supports a further move down FX:USDJPY

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STEEMBTC
STEEM / Bitcoin
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GBPUSD
British Pound/U.S. Dollar
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GBPJPY
British Pound/Japanese Yen
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USDJPY
U.S. Dollar/Japanese Yen
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EURUSD
Euro Fx/U.S. Dollar
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