GBPJPY: 25 pip target... Things are moving quite fast... faster than I can type.. I entered long GBPJPY.. I am going after 25 pips.
This is a small short trade via a pullbck: before:
NZDUSD: Technical Short ... targets are on the screen. Going to take a break to prepare for the London session!
Technical pattern: Muted 3 ABC Extension You will not find this pattern in the textbooks, and it matches the fundamental direction in which I want to trade this pair.
AUDUSD: Entry below 0.7272 if it falls and closes there.... Stop: top of 1 hour spike... targets: on the chart.
Technical short or day trade in GBPUSD.' I am just following the trend down.
The Fundamentals and Sentiment: Bullish USD and bearish EUR. Technicals: We have technical set up to short the EURO at resistance. at this falling wedge. Of course, if I am stopped out, then I plan to get right back in later according to what I have written on the right chart. Target#1: 1.0580 Trailing Stop: 40 pips... Plan: If target is hit, let the...
Fundamental View : As we wake up from the long vacation, after studying several banks, I have come to the conclusion that AUDUSD is a nice pair to trade in the short direction; the central bank and other fundamental factors gives me clear clues about what to do. So, now, I will wait for a good technical parameter to trade. Technically : For me, nothing has...
Possible Short Setting up on GBPUSD This is a technical trade. I don't plan to hold if I DO enter short. I believe the sentiment of the UK is more neutral. With the US raising rates, this should be bullish for the dollar, but the sentiment is neutral at the moment.
AUDJPY: Fundamental Short, Awaiting Technical Confirmation The Economic-Fundamentals: After reading at the central bank of Australia's official press releases, their Minutes and Monetary Policies, I have come to the conclusion that Australia's central bank is dovish. At the same time, the Japanese central bank seems to have become a little bit hawkish in...
TRUMP WINS Markets Crash, but US Dollar At Support: The dollar stopped short of the "C" target due to Trump uncertainties as the new U.S. president. My Plan: Watch the news in the coming month and take a break from trading. Enjoy the holidays. Read and learn other things.
These are levels where I am buying. I am also going to take a vacation. I know I said this before, but the markets keep bringing me back with new information. This time, I have smaller orders in...and closing shop for a month and/or will not be updating frequently.
One last short for the road? If the USD data today is surprisingly bullish, then maybe. gotta read carefully the lines in between. However, there are some problems.....volume looks good for the bulls at the moment. The price bars are moving erratically with no bear in sight. There is two more hours until US retail sales come out, and then Yellen speaks today,...
With the US being the only nation that as a promise for rate hikes, and as it comes near (possibly December 2016), prudent traders will begin to align themselves with the bigger forces out there. Technically, the market has pull back to monthly support and bounced off of it, and it looks like wave 5 could be starting now. On top of that, the counter trendline has...
I actually published this as a private message by accident: See here: