Although GBP closed strongly below the highlighted support, still there is a chance to recover and go long. I have drawn 4 possible intraday scenarios, which I am prepared to play. Let us see, what unfolds. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
Aussie has shown some strength via an explosive upmove. Now it seems to be consolidating a bit. The best opportunity to go long would be enter after a false-break of near-term support. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
GBP is just at the long-term support after a false-break. It looks like a bounce-off to 1.6500 might be probable before it drops further down. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
Aussie has been weak recently and there is no sign of change of the downtrend. Now it retraced to an important psychological level of 61.8 Fibonacci and started to consolidated. I am very cautious about a possible false-break or any sign of weakness to go short as a swing trade. Let us see, what Aussie unfolds from now on. For further information about my trading...
Aussie made an explosive move overnight and formed a small false break of prior swing high. I suppose it is still in a rangebound mode so longs as well as shorts are trades, which can be assumed at near levels. Watch the price behaviour at levels I identified in the chart. For further information about my trading style, live trading videos and analyses,...
Althought Eur is just near the lower boundary of a descending channel, there are still some levels, which offer high probability of intraday shorts. Watch for any sign of weakness at these two areas/levels. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading...
Let us see, whether the EurJpy is trapping the bears or not. My biasl is short-term long so I would buy the retracement to previous lows. Petr
I highlighted some very important levels, which I have in my watch-list at the beginning of this week. Personally I am bearish now in EURUSD, since this pair has shown a very nice false break-out of prior swing high. There still has not been a significant sell-off off the present high at the end of the last week, so I assume there could be a slight upside move,...
In terms of my unconventional trading methodology I express my bias in GBPCHF and I am waiting for a false break to enter short. By the way similar situation has occurred on most GBP pairs, so this correlation might be a part of the confirmation to the setup. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube...
In terms of my unconventional trading methodology I express my short bias in the pair. Personally I am waiting for the "uptick" (false break, or retest of upper boundar). For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
Here are the areas of the main interest for the start of the upcoming week. Sterling has shown some strength at the end of the previous week, but this does not necessary mean an uptrend continuation. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
DAX index is making a very nice double top. A downmove is very likely now from the swing trade or position trade perspective. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
A tiny FF1C pattern formed just below 61.8 Fibonacci level of the prior downswing. For me it is a very nice short opportunity. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
In terms of my inconventional pattern methodology I am looking for longs now. A "90" pattern means 90%probability, so let us see, if it comes true :-). For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
It seems like GB began to be weak. We have seen some nice falls from the highs. Still there might be some long opportunities, but one must be flexible with the targets.... Personally I am watching 1.6340 for a possible long setup. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my...
Eur has been choppy recently. A nice short opportunity might originate after a false break out of prior high. I am on the sidelines now, waiting for the move. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
In terms of my unconventional pattern methodology I express my bias in Oil for the upcoming days. I am already long from 91.6 and am ready to short somewhere around 93.0. Here is my real trade: bit.ly For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
Ok, so GBP is slowly grinding lower within a channel. If the price breaks up and makes any sign of weakness, it might be a nice opportunity to setup a short trade. I am personally waiting for the reaction @1.6430. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch one of my latest...