Meru

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Joined United Kingdom SKATAGADE
Markets Allocation
87 % forex 7 % indices 7 % other
Top Mentioned Symbols
GBPCAD 20% | 3 GBPAUD 13% | 2 GBPNZD 13% | 2 GBPJPY 13% | 2
Meru Meru USDSEK, 1D, Short ,
USDSEK: USDSEK Short On The Horizon ??
16 0 0
USDSEK, 1D Short
USDSEK Short On The Horizon ??

USDSEK Short on the horizon?

Meru Meru NIFTY, 120,
NIFTY: Nifty 50 Pitchfork..Support & Resistance
146 0 2
NIFTY, 120
Nifty 50 Pitchfork..Support & Resistance

Andrew's Pitchfork gives support and resistance.

Meru Meru CADCHF, W, Short ,
CADCHF: CADCHF : Short coming soon @ 0.8000???
35 1 4
CADCHF, W Short
CADCHF : Short coming soon @ 0.8000???

Details on chart

Meru Meru 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 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 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 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 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 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 EURUSD, D,
EURUSD: EURUSD: WAIT & WATCH
58 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 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 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 GBPCAD, D, Short ,
GBPCAD: GBPCAD SHORT
16 0 3
GBPCAD, D Short
GBPCAD SHORT

HA,TDI and LR indicating short.

Meru Meru 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 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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