Nortron

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About me Just a Simple person learning to trade...
Joined Canada BrianTheITGuy
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDJPY 23% | 6 AUDNZD 15% | 4 GBPCHF 7% | 2 USDCAD 7% | 2
Nortron Nortron GBPCHF, 240, Long ,
GBPCHF: GBPCHF Heading Up
18 0 0
GBPCHF, 240 Long
GBPCHF Heading Up

Following Trend, just broke the 61.8 Retracement on the 4HR Chart.

Nortron Nortron AUDJPY, 240, Long ,
AUDJPY: AUDJPY Heading up from trend line
36 0 4
AUDJPY, 240 Long
AUDJPY Heading up from trend line

Yet another bounce off the trend line, heading back up again...

Nortron Nortron AUDUSD, 60, Short ,
AUDUSD: AUDUSD Heading Down
30 0 2
AUDUSD, 60 Short
AUDUSD Heading Down

I beleive AUD USD will head Down... It's Triple topped on the hourly, it's breaking the daily 61.8 Fib Area...

Nortron Nortron AUDJPY, 60, Long ,
AUDJPY: Going up...
15 0 2
AUDJPY, 60 Long
Going up...

Retested the Trend line then headed back up...

Nortron Nortron AUDJPY, 60, Long ,
AUDJPY: Up or Down?
42 0 2
AUDJPY, 60 Long
Up or Down?

Will it break the trend line or bounce back up? It's also sitting on a fib line... Personally I think it's going to bounce back up as the daily trend seems to be heading up...

Nortron Nortron AUDJPY, 240, Short ,
AUDJPY: Bounced off 61.8 Fib from 2015
36 0 1
AUDJPY, 240 Short
Bounced off 61.8 Fib from 2015

This Fib was drawn on a daily chart, that goes back to mid 2015... looks like it's bounced off the 61.8 mark, and has recently made a lower low, which in theory breaks structure, so possibly it might drop for a while now... My goal is about 78.400 to start, but more then likely it will keep dropping to make a lower low...

Nortron Nortron AUDNZD, 240, Short ,
AUDNZD: Bounced off 61.8,  heading down to make lower low...
36 0 2
AUDNZD, 240 Short
Bounced off 61.8, heading down to make lower low...

Seems to be following structure rules down now.. Bounced off the 61.8 level, and is heading down... I expect it to go below 1.3600 to create a lower low again... Might take a couple days, but will be worth the wait... Setting Stops just above the last lower high (1.06500 area)

Nortron Nortron AUDNZD, 240, Short ,
AUDNZD: 4th test of resistance -- Going DOWN
15 0 1
AUDNZD, 240 Short
4th test of resistance -- Going DOWN

Originally I mentioned it looked like it would create / complete a "W" pattern, which I think it still will do in the long run, looks like it's tested the same area for a 4th time now, it should keep going down now...

Nortron Nortron AUDJPY, 240, Long ,
AUDJPY: Bouncing off strong 4HR Trend Line
38 0 2
AUDJPY, 240 Long
Bouncing off strong 4HR Trend Line

Looks like AUD/JPY will bounce up, off it's strong 4HR Trend line... If this trend line Does break, expect large drop down then... I'm currently Long, expected target 80.300 ish range...

Nortron Nortron AUDNZD, 240, Short ,
AUDNZD: Going Down -- Long Term Trade!
69 0 3
AUDNZD, 240 Short
Going Down -- Long Term Trade!

It's bounced down from some VERY strong resistance points already (Yellow circles), broken a long standing trend of Higher Lows. I believe this pair will continue down for some time, until at least the 61.8 Retracement Level(Which will be my TP Area) This will be a Long Term Trade, probably at least a week or two.

Nortron Nortron AUDNZD, D, Short ,
AUDNZD: Structure, Structure, Structure....
30 0 0
AUDNZD, D Short
Structure, Structure, Structure....

Hitting some Major resistance, and looks like it's attempting to form a "W"... Long Term Trade, but could pay off nicely!

Nortron Nortron NZDCAD, 240, Long ,
NZDCAD: Bounce up from 61.8%
24 0 0
NZDCAD, 240 Long
Bounce up from 61.8%

Looks like it wants to bounce up from the 61.8% Level... Lets see what happens...

Nortron Nortron GBPCHF, D, Short ,
GBPCHF: Potential MASSIVE Drop!
29 0 2
GBPCHF, D Short
Potential MASSIVE Drop!

Assuming the 4H candle closes below the 76.40% level, I think we are going to see a Massive Drop here... Below this level there is NO support except back in 2015 and 2011... Thoughts?

Nortron Nortron AUDSGD, 240, Long ,
AUDSGD: Trend Line Bounce
19 0 3
AUDSGD, 240 Long
Trend Line Bounce

Pretty strong 4 hour Trend Line... Looks like it's going to bounce and continue up...

Nortron Nortron USDCAD, 240, Long ,
USDCAD: Bounce off the 61.8%
51 1 2
USDCAD, 240 Long
Bounce off the 61.8%

Looks like it's bounced off the 61.8%... How high can it go?

Nortron Nortron EURGBP, 240, Short ,
EURGBP: Will it bounce or break the 61.8?
114 2 4
EURGBP, 240 Short
Will it bounce or break the 61.8?

Will it bounce off the 61.8%? or Break it? Personally think it will bounce back down... Lets see...

Nortron Nortron GBPJPY, 240, Short ,
GBPJPY: GBPJPY -- Possibly Heading Down?
122 0 3
GBPJPY, 240 Short
GBPJPY -- Possibly Heading Down?

Seems like a valid BAT pattern on both H4 and H1 charts, and it's hitting an H4 Trendline... Could possibly turn then drop from here....

Nortron Nortron GBPNZD, 240, Short ,
GBPNZD: GBPNZD -- Going Down?
62 2 2
GBPNZD, 240 Short
GBPNZD -- Going Down?

Currently hitting a long holding 4 hour trend line.. As well as a valid Shark Pattern showed up about 3 hours ago... Looks like it's going to turn back down soon.

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