Good day traders, Yesterday we had an important rejection of bullish continuation on cable and turned sharply lower. I entered short at current levels and I expect a retracement around 1.525 to increase position I will probably add another short on GBPJPY on Monday after today´s NFP Regards Josep Pocalles
Good day traders, A Black Friday can be turned into a Red Friday for HK stocks. I don´t usually post stocks trades but this seems interesting with a 20% potential move. I entered short at current levels for a 18.000 target Bear in mind this could drag down rest of indices You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules :...
Good morning traders, A countertrend opportunity based on Wolfe Wave completed pattern . I´m entering short @ 15.03 with a target of 14 , SL 15.31 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. Think like...
Good day traders, GBPJPY rejected to close above 200 MA and this is coherent with a bearish reversal in stock indices. I favour a downside move till 180 area, with SL above 186 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 and sell high .,...
Good day traders, I´m attempting a counter trend trade with EURCAD . Long at 1.4125 with adjusted SL @ 1.4093 . A relief rally is possible till 1.428 area 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....
Hello traders, I´m trying a long EURCHF with SL below 1.083 . Yield differentials favour the bullish EURCHf outlook. Technically, we are above 200MA and potential ABCD pattern, by closing today above 50MA will reaffirm trend 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...
Good morning traders, I´m entering long with a very limited risk : 1.0857 with SL @ 1.0835 , with a target of 1.10 , 150 pips 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. Think like a fundamentalist,...
Good day traders, A basic idea with no complex rationale, just above 50 & 200 MA. Opening a Long position with SL below 1.535 Sometimes trading need to be as simple as possible Good luck Josep Pocalles
Good morning traders, I re-attempting a new short position on AUDJPY , SL above 87.2 I favour the downside as the pair was unable to make a new lower high . From a fundamental point of view, RBA is still with a dovish tone. Good luck this time Josep Pocalles
Good morning traders, USDCAD seems ready for a bearish move to lest 1.29 area. Ichimoku setup backs the decision plus the current Oil rally I´m setting a SL above 1.31 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...
Hi, In my previous outlook I described a potential resistance for US Dollar Index, and actually reversed its bullish course. I favour a bearish bias till level is broken Good luck Josep Pocalles
Good day traders, I´m speculating with a possibility of a bullish move in UKOIL (Brent) The rationale behind : 1. Price is above 200MA on 4 HR chart 2. Higher Low 3. Above Kumo 4. Possible double bottom on higher timeframes SL below 48 Josep Pocalles
Good day traders, I´m speculating with a potential ABCD on EURCHF . I´m entering long at 1.0865 and SL 1.0845 , 20 pips risk vs 150 reward You can subscribe to my mailing list for FX Alerts : eepurl.com Good luck Josep
Good day traders, US Dollar Index is at a critical point where we will assist to a range breakout, or bearish channel will resume as described at chart. We have to pay attention to today´s US GDP figures. The massive Oil recovery yesterday is a warning sign regarding USD. Stay tuned Josep Pocalels
Hi, EURSEK is resuming uptrend after a few weeks consolidation. I entered long at current levels with SL below 9.35 . Consider the lot size due to Risk / Reward ratio, Good luck Josep Pocalles
Good day traders, Bearish Ichimoku setup in GBPUSD. 1. Below Kumo 2. Below 200 MA 3. Lagging Span below price Price is poised to test ascending trend line and bearish mometum will accelerate in case of breaking down. Scenario would be invalidated with a closing above 1.539 You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1....
Good day traders, This is my GBPCAD Outlook , Long with a SL below 2.00 , due to distance to SL better trade with small leverage Best Regards Josep
Good morning traders, Bearish momentum in EURJPY . My preferred strategy is to enter short at current levels and increase exposure on rallies, 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. Think like a...