Meru

PRO
Message Follow Following Unfollow
Joined United Kingdom skatagad
Markets Allocation
86 % forex 7 % indices 7 % other
Top Mentioned Symbols
GBPCAD 21% | 3 GBPAUD 14% | 2 GBPNZD 14% | 2 GBPJPY 14% | 2
Meru Meru PRO NIFTY, 120,
NIFTY: Nifty 50 Pitchfork..Support & Resistance
143 0 2
NIFTY, 120
Nifty 50 Pitchfork..Support & Resistance

Andrew's Pitchfork gives support and resistance.

Meru Meru PRO CADCHF, W, Short ,
CADCHF: CADCHF : Short coming soon @ 0.8000???
34 1 4
CADCHF, W Short
CADCHF : Short coming soon @ 0.8000???

Details on chart

Meru Meru PRO XAUUSD, D, Short ,
XAUUSD: XAUUSD : High Probability Short Trade
62 0 2
XAUUSD, D Short
XAUUSD : High Probability Short Trade

3 Touch Trend Line Break ,Pin Bar Observed ,A break of RSI trend line might be a good opportunity to short gold.

Meru Meru PRO GBPJPY, D,
GBPJPY: GBPJPY...Which Way Will it break??
44 0 2
GBPJPY, D
GBPJPY...Which Way Will it break??

GBPJPY...Which Way Will it break??

Meru Meru PRO GBPNZD, D, Long ,
GBPNZD: GBPNZD : Breakout long...details on chart.Target 2.20
17 0 2
GBPNZD, D Long
GBPNZD : Breakout long...details on chart.Target 2.20

GBPNZD : Breakout long...details on chart.Target 2.20

Meru Meru PRO GBPJPY, D,
GBPJPY: GBPJPY: Price inside the cloud...
30 0 3
GBPJPY, D
GBPJPY: Price inside the cloud...

GBPJPY: Key levels and trendlines

Meru Meru PRO USDCAD, D, Long ,
USDCAD: USDCAD: Long .Bullish bias if trend line on candles & RSI break
22 0 2
USDCAD, D Long
USDCAD: Long .Bullish bias if trend line on candles & RSI break

Bullish bias if trend line on candles & RSI break.Future kumo and chikou span also indicate the same.Resistance lines shown are targets.

Meru Meru PRO GBPCAD, D, Short ,
GBPCAD: GBPCAD SHORT
22 0 2
GBPCAD, D Short
GBPCAD SHORT

Daily candle inside the kumo suggest consolidation mode. Last three candles give us an approximate triple top and it ties up with kumo resistance and trend line resistance.Break of red trend line and break of RSI would be favoured for a short.Bottom of the kumo cloud or the trend line would be the initial target.Stop can be placed few pips above the major resistance.

Meru Meru PRO EURUSD, D,
EURUSD: EURUSD: WAIT & WATCH
57 1 3
EURUSD, D
EURUSD: WAIT & WATCH

Williams Vix is indicating short term bottom. Would like to see break of trend line and retrace.Fundamentally Euro is weak with Draghi & Co expected to do the work.Fed is expected to hike the rate in the next FOMC meeting.Divergent monetary policy favours to short this pair after re-tracement.

Meru Meru PRO GBPAUD, D, Short ,
GBPAUD: GBPAUD SHORT : ICHI CLOUD BREAK ,TREND LINE BREAK,PIVOT BREAK
24 0 1
GBPAUD, D Short
GBPAUD SHORT : ICHI CLOUD BREAK ,TREND LINE BREAK,PIVOT BREAK

GBPAUD SHORT : ICHI KUMO CLOUD BREAK ,TREND LINE BREAK,PIVOT BREAK, DOWN TREND

Meru Meru PRO GBPNZD, D, Long ,
GBPNZD:  Trendline Support ,Monthly Pivot , Weekly Support , Fib Conflu
37 0 2
GBPNZD, D Long
Trendline Support ,Monthly Pivot , Weekly Support , Fib Conflu

Trendline Support 3 touch , Weekly Support ,Fib Confluence ....possibility for a short term long.

Meru Meru PRO GBPCAD, D, Short ,
GBPCAD: GBPCAD SHORT
16 0 3
GBPCAD, D Short
GBPCAD SHORT

HA,TDI and LR indicating short.

Meru Meru PRO GBPAUD, D, Short ,
GBPAUD: GBPAUD SHORT
26 1 3
GBPAUD, D Short
GBPAUD SHORT

Heiken Ashi Candle and the linear regression channel indicating reversal on daily and weekly chart.Traders Dynamic Index market baseline also indicating overbought levels on daily and weekly.Fundamentally BOE has a dovish stance in MPC mins and RBA has removed few key dovish statements from its minutes.Any feedback is welcome.

Meru Meru PRO GBPCAD, D, Long ,
GBPCAD: GBPCAD MARKET STRUCTURE LONG
32 0 4
GBPCAD, D Long
GBPCAD MARKET STRUCTURE LONG

Long GBPCAD ...Market Structure low.This is my first post.Kindly provide feedback.

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