PipskeetFX

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Joined Malaysia
Simple trader with simple chart analysis. Keeping it simple, keeping it real.
Markets Allocation
97 % forex 3 % other
Top Mentioned Symbols
EURUSD 13% | 5 GBPJPY 11% | 4 EURJPY 8% | 3 EURGBP 8% | 3
PipskeetFX PipskeetFX EURJPY, 15, Long ,
EURJPY: EURJPY Long Based On Trendline Rejection
78 2 8
EURJPY, 15 Long
EURJPY Long Based On Trendline Rejection

Going long here and targeting yesterday's high as TP. Good luck!

PipskeetFX PipskeetFX USDCAD, 15, Short ,
USDCAD: USDCAD Trendline Rejection. Good To Short
135 1 10
USDCAD, 15 Short
USDCAD Trendline Rejection. Good To Short

Trendline is respected here. Going short with TP at yesterday's low. Good luck!

PipskeetFX PipskeetFX GBPJPY, 15, Short ,
GBPJPY: GBPJPY Retracing To Trendline
154 0 8
GBPJPY, 15 Short
GBPJPY Retracing To Trendline

For those of you who are long, it's a good idea to close when it reaches the trendline as the main trend right now is bearish in the coming weeks since it has not been able to close above 148. Selling after it reaches the trendline. Price could go down all the way to 142 area. Trade with care.

PipskeetFX PipskeetFX USDJPY, 15, Long ,
USDJPY: USDJPY Short Term Long Opportunity
115 0 7
USDJPY, 15 Long
USDJPY Short Term Long Opportunity

Going long here as price is trading inside channel. Targeting 112.300 as TP

PipskeetFX PipskeetFX EURGBP, 15, Short ,
EURGBP: EURGBP Short Opportunity
119 0 6
EURGBP, 15 Short
EURGBP Short Opportunity

Price trading inside channel. Target previous low or use a fib for your target. Good luck!

PipskeetFX PipskeetFX GBPUSD, D, Long ,
GBPUSD: GBPUSD Finished Retrace, Good To Long
123 0 4
GBPUSD, D Long
GBPUSD Finished Retrace, Good To Long

In the chart, GBPUSD has finished retracing to the downside after the break last week. If you check the 4H chart price is already rejecting the 1.30 area.

PipskeetFX PipskeetFX NZDUSD, D, Short ,
NZDUSD: NZDUSD Top Of Trendline Short Setup
75 0 7
NZDUSD, D Short
NZDUSD Top Of Trendline Short Setup

In the 1D chart, price has reached the top of trendline indicating there may be resistance in this key area. I will be looking to short this to the 61.8% retracement.

PipskeetFX PipskeetFX EURGBP, 60, Long ,
EURGBP: EURGBP At Bottom Of Trendline
92 0 8
EURGBP, 60 Long
EURGBP At Bottom Of Trendline

In the 1Hr chart, price is trading near the bottom of the trendline. As a trendline follower (most of the time) I will look for a long in this trade unless it breaks to the downside of the trendline. Good luck!

PipskeetFX PipskeetFX GBPUSD, 240, Short ,
GBPUSD: GBPUSD Hanging Man, Looking For Short
215 12 11
GBPUSD, 240 Short
GBPUSD Hanging Man, Looking For Short

A hammer candle just formed on the 4Hr chart. Looking to go short with SL above previous swing high and TP around 61.8% retracement.

PipskeetFX PipskeetFX EURJPY, 60, Short ,
EURJPY: EURJPY Broken Trendline, Short Entry
270 2 13
EURJPY, 60 Short
EURJPY Broken Trendline, Short Entry

As we can see in the chart it has broken the lower trendline. Entering short at current price with TP at 61.8% retracement and SL above previous retracement.

PipskeetFX PipskeetFX NZDJPY, 240, Long ,
NZDJPY: NZDJPY Buy Setup
108 0 9
NZDJPY, 240 Long
NZDJPY Buy Setup

Look for buys. The price is still trading inside the channel. Stops below the previous swing low and take profit at the previous high or 83.600 as extension.

PipskeetFX PipskeetFX USDJPY, 60, Short ,
USDJPY: USDJPY Trendline Broken, Short Entry
234 0 10
USDJPY, 60 Short
USDJPY Trendline Broken, Short Entry

USDJPY has broken the lower trendline on the 1H chart. Advisable to go for a short here and target at least the 61.8% retracement.

PipskeetFX PipskeetFX EURJPY, W, Long ,
EURJPY: EURJPY Bullish In The Coming Weeks
68 0 6
EURJPY, W Long
EURJPY Bullish In The Coming Weeks

The weekly charts shows us that the EURJPY still has some ways to go before finally turning around. Advisable to look for long positions at least until it reaches the trendline at the top.

PipskeetFX PipskeetFX GBPJPY, 15, Short ,
GBPJPY: GBPJPY Watch For Break
232 6 8
GBPJPY, 15 Short
GBPJPY Watch For Break

In the 15 minute timeframe, price has gone down to the trendline below. Expect price to go down once price has broken this trendline.

PipskeetFX PipskeetFX GBPJPY, 240, Short ,
GBPJPY: GBPJPY Bearish Engulfing Short Setup
381 0 16
GBPJPY, 240 Short
GBPJPY Bearish Engulfing Short Setup

In the 4H chart price has formed a bearish engulfing candle indicating the price might have been exhausted of the up move and is now being taken over by the bears. I entered a short at current price targeting at least the 0.618% retracement as TP. SL above 147.895 Safe trading guys!

PipskeetFX PipskeetFX NZDJPY, 240, Long ,
NZDJPY: NZDJPY Bullish Pennant
48 0 4
NZDJPY, 240 Long
NZDJPY Bullish Pennant

As you can see in the chart there's a bullish pennant that formed outside of the downward channel on the bigger timeframe. I have entered long with these parameters: SL: 80.2 TP: 89.5

PipskeetFX PipskeetFX AUDUSD, D, Long ,
AUDUSD: AUDUSD Long Setup
63 0 6
AUDUSD, D Long
AUDUSD Long Setup

Price is still inside the upward channel indicating a continuation of price to the upside. SL: 0.74630 TP: 0.77

PipskeetFX PipskeetFX NZDJPY, D, Long ,
NZDJPY: NZDJPY Trade Setup
59 0 2
NZDJPY, D Long
NZDJPY Trade Setup

Channel breakout at play here. As you can see price broke out from the bigger downward channel in the weekly timeframe. and in H4 it has broken out of the smaller upward channel. SL: 80.2 TP: 89.5

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