EURAUD is looking promising for another 645 pip move similar to what we have already seen this quarter. In this video I give an trade update to how I believe this trade will play out with levels given.
Aug. 15 I put out an alert to close shorts due to the market trading within a volatile range. Saying this we are now looking for a swing from long to short over the coming days as price moves higher selling into the market moving higher.
taking this small swing in the EURGBP trade booked long profits and seeking to grab short profits until the range between 0.852 (High) - 0.836 (Low)
USD cad has and continues to be on a nice run higher but at 1.3 we would like to see a discount before continuing to purchase. What are the signals of a discount explained in the video.
EUR/USD has taken off to the down side. This trade was highlighted Aug 9th lets get an update and projections on what could be possible next in preparation for breaking parity.
Looking to GBP/CHF for a counter trend short as a possible recover to 1.15 - 1.18 is attempted
Looking at a massive move coming to NZDUSD this next High to Low swing is 625. If you follow my alerts I have issued one on the 11th and the 15th that giving you an extra 175 pips on the trade for a 12% to the take profit.
Holding this trade against sentiment looking for a reversal to happen next week.
USDJPY was a hole in one trading the most two opposite currency pairs
Looking for DXY to range for the most part eventually breaking above 109 on the index
I will be building a small position in this pair to take advantage of a 630 pip long term price move
+4% move in USDJPY possible if the USD continues to gain strength
Crypto markets wont be going up anytime soon if we see the USD reassert its strength here coming into the fall
Short video describing the mechanics of a major reversal trade in the GBPNZD I am positioning for
GBPNZD long term trade looking for a 10.5% upside if 21 day closing price (White MA) move above the 63 day price (Black MA)
Running through 3 Aud pairs I see being bullish over the next 90 days
EURJPY outlook for the rest of the quarter. Eliminating swing trades focusing on taking one side on the yearly trend style of analysis. Within trading I advocate for looking at trading from a much longer term view and playing day to day trades within the larger trends to capture maximum pips and lowering risk by locking in pips and not dollars.
EURGBP outlook for the rest of the quarter. Eliminating swing trades focusing on taking one side on the yearly trend style of analysis. Within trading I advocate for looking at trading from a much longer term view and playing day to day trades within the larger trends to capture maximum pips and lowering risk by locking in pips and not dollars.