Going up a bit using messy price action but CHF is weak today and USCHF hasn't showed it's cards. There are 2 profit targets; the second is at days end as it's friday and I don't want to keep this position over the weekend. Trade safely
It is very likely EURTRY will continue going down. I already had a nice profit trade on EURTRY on Monday but there is more downward potential in this pair.
Be careful trading GBP pairs as brexit news makes sterling a bit unpredictable. Trading gbpusd down
Selling EURGBP expecting a trend continuation. As always : Opening 2 positions. TP1 is fairly quick and TP2 is open to let it run.
OANDA:NZDJPY : Selling the JPY against the NZD. Trend continuation, TP1 at 1:1 at the top of the structure. Let the rest run.
Nice little trade. Trading EURSEK down after clear rejection of higher prices. 1st TP @ 10.25
EURUSD carved out a H&S pattern on the weekly timeframe. If price breaks the neckline and takes out the previous resistance around 1.14 we can expect the long awaited run to parity. I did expect price to go for 1.20 once more but we can see it go down now clearly. Price is king so we always follow price! Potentially you can gain 1000 pips. Trade safely
EURPLN was pushing up during the London session but NY is pushing it down again in the direction of the current trend. Price bounced off the trendline right at pivot M3 so this means we are targeting M1 at 24.24000 and trading the weekly swing. Trade safely !
USDMXN has made a higher low right after hitting that weekly swing level. Now it looks like price is breaking out to the upside. You can buy the breakout or wait for a new higher low. Either way; keep a tight SL because we are still in the London session and this pair will get traction during the US session. Trade safely!
BTC is still very much in bearish mode. There is a lot of hopium trying to talk btc up but price action is still very much to the down side. You do not need indictors to tell you we are making lower highs and lower lows at the moment. Swing #4 is in play and once again price reversed dead smack at the 61% fib just like last time (scary isn't it??). I do not...
As we are bearish on the NZD shorting the NZDJPY is a "no brainer". It's a super fun trade because there is confluence of the trendline with the 61% fib and the R2 weekly pivot. As I already am selling the kiwi I could only take a small position. First target is at the 127% fib extensions around 74.77 because there are a lot of levels coinciding over...
Last week we were only able to squeeze a couple of pips out of audusd due to the slower markets. Now we are back up again and the setup looks to good to be true so be careful. Price rejected the M3 right at the 61% fib level. Shorting this pair all the way down to M1. Before we can take a short position I would like to see some movement on the EURUSD or ...
EURUSD is rolling over on the lower timeframes. I would have expect price touching the trend line and bouncing off this line. Now, however it looks like price is already reversing. It coincides with price reaching the M3 pivot so we trade it down because our bias is still bearish and this would align perfectly with a weekly swing trade SL should be place above...
This week we are buying the USD. Short AUDUSD and short EURUSD. Targets are S1 and M1
Looks like OANDA:CADJPY is resuming it's uptrend after a brief consolidation. Downside is that the JPY is quite strong at the moment but this trade is worth the risk as the first target is at R3.5 Trade safely!
OANDA:NZDCAD has hit the R1 level and seems to reject it. Price is also at a previous swing level and daily is bearish. NZDUSD also looks ready to pop down but I do believe there is more potential in the NZDCAD trade. Short. Trade safely
Trading the weekly OANDA:USDSEK swing from the pivot midpoint. The h4 printed an engulfing candle right at the pivot midpoint. As I am still mildly bullish on the USD buying is the game with 8.98 as a first target. Let's see where it brings us. Trade safely
EURTRY looks fine for an intraday trade. Just riding the waves. Be sure to have multiple profit targets on the way up so you will make sure you get paid. Trade safely