Good morning traders, A potential Wolfe Wave setup on USDNOK . I´m entering shot at current levels with SL above 8.2066 on a daily close. I will trail stop You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3....
Good morning traders, I´m entering short GBPCAD at market price (2.032) , for a test of 2.012 y SL above 2.042 on a daily close. My rationale is below 50SMA and below 200SMA . You can subscribe to my mailing list for FX Alerts : eepurl.com Josep Pocalles
Good morning traders, I´m entering short in SP500 for a re-test of 1850 , with a SL above 1.975 on a daily close. Fed statement this week might be the catalyst You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to...
Good morning traders, I´m entering a small long position on AUDNZD after the breakout of descending diagonal, above Kumo and bullish price action . Stop placed below 1.106 . As you can see a considerable risk , so trade small on this one. 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a...
Good morning traders, USDZAR formed a bearish engulfing pattern with reversal implications. I´m entering short at market with SL above 12.81 on a daily close. 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small...
After 3 days in a row testing 0.724 and holding this level, it seems a clear defined demand zone . I´m attempting a long position at 0.729 with SL below 0.724 on a daily close 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis...
Hi, I´m posting a general technical outlook for USDCHF. There´s a HUGE bullish potential if technical structure is not broken below 0.96 . I´m positioned long already and I´m forecasting at least 1000 pips move . Below 0.96 scenario would be invalidated and wait for next analysis 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to...
Good morning traders, EURCAD rejected a bullish continuation at 1.49 area, and I favour for a correction to test uptrend channel around 1.46 . I´m short at 1.475 with SL above 1.481 on a daily close 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4....
Good morning traders, I´m opening a Long position at current levels with SL below 0.729 on a daily close , for a retest of resistance at 0.742 area. Ichimoku setup is bullish and above 50 MA . Please thumbs up if you agree 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist,...
Good morning traders, It seems Gold found support at 50 % retracement from latest bullish impulse. Also it crossed 50 MA on a daily basis. So I´m attempting a long continuation with SL below 128 on a daily close You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low...
Good morning traders, I favour a USOIL recovery after price crossed Kumo cloud . I´m entering long at current levels with SL below 41 on a daily close and a target of 44.5 - 45 area 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your...
A new bullish leg seems under development. I´m entering long with SL @ 1.0750 . Rationale : 1. a bullish Kumo setup 2. Resistance area is now support around 1.078 3. Chikou line above price 4. Building a trend above 200 MA Please thumb up if you agree SPECIAL THANKS : I´m honoured to have surpassed 100 folowers :-) . Still far away of top authors but I´m...
This is an entry with a fundamental approach. World is desperately calling for a USD correction. Emerging currencies in free fall, Crude & commodities at record lows, and excuse me, market participants still waiting for a rate hike ? I´m afraid this will take some time . www.linkedin.com Open shorts at Market with SL @ 97 , and a TP @ 95 You can subscribe to...
I´m entering a small long EURUSD . There´s a Ichimoku setup but Chikou line still not above price candles. Stop below 1.103 on a daily close For those interested to copy my trades, you will be able to follow my trading perfomance here : www.darwinex.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3....
Several reasons favour a long position in AUDCAD : 1. Daily Pin bar 2. Above Kumo cloud 3. Above 50 MA 4. Completed 0.618 retracement from last bullish impulse i place the stop at 0.953 You can subscribe to my mailing list for FX Alerts : eepurl.com Josep Pocalles
Cable formed a bullish engulfing pattern. I favour the upside with SL below 1.553 on a daily close with a target of 1.5783 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is...
I´m posting less than usual , I´m on semi-vacation A potential double bottom has formed on EURGBP, with Kumo on 4HR supporting the scenario . My SL is placed at 0.7041 on a daily close 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5....
Good morning, I just entered short at 1.2950 considering a formation of a Wolfe Wave Pattern . Initially a retracement till 1.28 and later 1.22 . In any case as usual I´m trailing stops. SL 1.304 on a daily close There´s also an interesting MACD divergence 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high...