PipskeetFX

PipskeetFX

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 Updated 

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 Updated 

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 Updated 

As you can see in the chart the price rejected the top of the downward channel. Good to short here when the markets open next week. SL: 118.800 TP: 102

PipskeetFX Updated 

We can see a bull flag that formed inside the chanel indicating a move up, and price already closed outside the flag during market close. But I will be looking to short this at the top of the channel. SL: 1.2570 TP: 1.2050

PipskeetFX

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 Updated 

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

PipskeetFX

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

PipskeetFX

As you can see in the chart, a potential libra may be forming. SL: 1.19 TP:1.40

PipskeetFX

As you can see in the chart it has potential to form a libra pattern. SL: 76.70 TP: 100

PipskeetFX

As you can see price has potential to form a libra pattern. Good to long at least until it reaches the top of the downward trendline. SL1.03392 TP: 1.1115

PipskeetFX

As you can see in the chart price has potential to form a libra pattern on the daily. Recommended trade: Long SL: 1.034 TP: 1.095

PipskeetFX Updated 

Alternative scenario: If price rejects then we will look for a short opportunity.

PipskeetFX

Chart shows that the price is on its way to completing the third wave up. Sell the third wave down.

PipskeetFX

EURUSD just bounced off resistance as seen in the chart. Good opportunity to short right now and make some profits!

PipskeetFX Updated 

Gold is in a flag pattern as seen on chart. Buy at breakout and then we will look to sell after it reaches the 1270-1280 zone.1280zone.

PipskeetFX Updated 

EURUSD as seen in chart is testing the resistance. If price closes above the 200ma, we will see more upside.

PipskeetFX

In this example I show you one of the ways I use to trade in a 4hr timeframe. The idea is to first wait for ema cross, and then wait for at least 2 retracements, after retracement, open a position and place sl below or above the previous retracement depending on your position. The only downside to this strategy is you might miss a lot of other trading...