We are still long with all our GBP pairs NFP Friday , which should see the USD come in better than last month which is not hard See our past chrts for levels 12960 still holding strong
We are staying Long with our GBP JPY trade currently +300 pips and with a rocket north No deal off the table for Brexit has given the GBP and bit of a bounce
You have got to really like when you have a price containment like this chart Bit like shaking up a can of coke and giving it to someone you dont like much Price should Fly from this level BUT which way Its short for us NFP taken in consideration and JPY weakness
We are Long on the EUR CHF and have been since last week 1.160 is holding and now we are seeing a 4 hour trend line from that level 1.134 will pull this trade up +180 pips before we look for CHF strength and EUR continued weakness
We will be placing a safe pending order in our zone area and looking for a good sign to go long . We will be taking multiple positions and peeling down via our FIB levels to our projected target area Not anticipating to go back up to 17000 plus but if see what we are looking for where we are looking at we will long this baby Long Entry ONLY on the BREAKOUT Only
Bring it on we say see chart for details ,,happy trading
Never under estimate the resilience of the AUD Strong safe haven currency Perfect in what you need when the FED keeps talking down the R word
With situations like Brexit and Elections , get on the rightside and they can be profitable and fun get on the wrong side and see your account melt before your eyes We took a Bearish stance on the GBP late Friday and shall continue this all week next week
We have forecast this correctly 2 weeks in a row , EURJPY should go up this week but not too much before we see a bearish resumption
As we posted earlier we have gone from a short stance to a long position late Friday and shall be long all week Brexit , nice little cash cow , moooo
As long as MAJOR level 129 holds 65 pips away at time of printing we shall stay long Green shoots of Brexit resolutions will start to appear this week possible major political changes which will buoy the GBP due to the current govt stalemate Yes we are staying LONG above the 129
We are taking a long on the GBPNZD , 5 to 1 risk reward ROI , nice start to week Why ??? its April fools day why Not No seriously we are long have a great trading week
Long , Long , chart says It all have a great trading week
The chart pretty much says it all trend-line breakout will confirm higher highs China data released on the 31st March came in very strong
Our CAD CHF long trade taken last week currenty +80 pips will continue to the 618 another 200 pips where we will be looking for signs to short
Check this out,,,,, sl under 112 EURO banks had best day for a while yesterday USD weak
The best thing about pending order on a breakout is 1/ If it dont happen nothing gained nothing lost , 2/ nice cheap entry 3/ the power of a good breakout excellent ROI we think this may be an excellent spot for a cheeky little pending
We have been waiting for decent sign for shorting the USD CAD Bolstered Friday by great news release the USD CAD dropped more than most pairs With FED denying ant " R " rumors very vigorously of late , we will stay short on the USD CAD wait for upticks to enter again We have taken a long term short view on the USD