In AUDUSD we have a potential HUGE reversal incoming. Price is pushing towards our monthly key area and currently, we are waiting for confirmations on whether to enter or not. Mixed in with the all-day AUD news today and the strong news on Monday, we will predict the news on Monday is the one that will blow up the pair to infinity and beyond. Preferably I would...
Now a couple of weeks ago, maybe a month ago. I sent out the long term analysis on what the heck will happen with SP 500. Told all LEH traders to use the calculate the stop loss of 300 pips accordingly towards their account amount. This is the best trade for the year so far. I didn't expect it to drop so fast, assuming it will take at least a couple months before...
USDCHF played out exactly how we expected. Currently, Price hit our strong key area of 1.00610 and starting to reverse. This indicates that the strong key area which was broken last month has been retested and is planning to continue rising towards the next key area of 1.03000. Now, this week many news on US-CHINA trade may cause havoc in the markets. We will...
In AUDCAD we have a weak yet a somewhat good trend line being touched twice and the third time today. If we can get a candlestick pattern of sorts, we may be entering buy positions for the pullback.
AUDCHF, we draw on our Fibonacci and we get the drop touching the 50% fib and now we can expect a pullback towards our weekly key area of 0.71899 and continued drop. Will wait for confirmations but I will enter a quick scalp with 15-20 pip risk in my private channel to test the waters.
AUDCHF SELL LIMIT
Stop loss: 0.72079
In USDJPY we have a beautiful move that we called out for sell scalps. Perfectly hit our ascending trendline and reversed immediately towards the monthly resistance. Now we are facing two scenarios. A sell stop or a buy stop.
USDJPY SELL STOP
Stop loss: 111.953
Take profit: 110.195
USDJPY BUY STOP
Stop loss: 111.913
Take profit: 112.849
EURJPY making a beautiful market maker structure (WVVMAAW) right now we are in the first A structure and could see the pullback towards 125.614 and continued drop. We’ll open a sell now with a stop loss of 30 pips to catch 50 pips.
Stop loss: 125.854
Take profit: 125.045
In #gbpnzd, we're looking at a buy idea. First off the pair has created a sharp but clear enough downward trendline and started to bottom out at major support of 1.86150. We can see a W or double bottom formation forming, we'll have to see if price breaks out of the trendline and start heading towards the upside or create a third leg and then start...
In EURUSD we are facing a bullsh idea. First, we see an earlier buy signal a week ago that in turn, hit profit at the bearish trendline. But then what happened? price broke that trendline, hits the 200 ema and with a fibonacci on that, it hits the 38.2 point and reverses. Now, price has hit a key level of 1.14360 and expected to start making its way...
The pairs of EURUSD, GBPUSD, XAUUSD will be a sell. GBPUSD has just touched the top trendline fo the channel at exactly 9:30am est. which is the time that reversals happen! What to expect is a pullback and a pullback on that pullback and by 11:30am-12pm we will expect it to droppppp.
Take profit: 1.29500
A couple weeks ago i sent out a trade for EURAUD to continue dropping after the A formation formed after the NICE M(double top) formed and dropped. YET! the market decided, 'lets get back to the last high and take out everyone on the sell" And they did exactly that! now the price is at the exact price of 1.61850 and now this would be called a "brinks trade" if...
Last couple weeks, our gbpjpy trade for a sell just missed our take profit of 760 pips by 5 pips :(
Now, after the huge drop, the pair pulled back for a couple days so far and with the pair reaching a key resitance point and the expected news on gbp pairs, the pair is expected to continue dropping catching at least 250 pips. hook on a fibonnaci from the high and...