SamuelHorton

PRO
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About me Predominately a price action trader. I take conservative and high-confluence trades with a significant reward/risk ratio. Averaging 5.4% a month as of the end of February.
Joined Australia
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 25% | 1 AUDCHF 25% | 1 GBPAUD 25% | 1 GBPUSD 25% | 1
SamuelHorton SamuelHorton PRO GBPAUD, D,
GBPAUD: GBPAUD Potentially Shaping Up for a Short Trade
99 2 9
GBPAUD, D
GBPAUD Potentially Shaping Up for a Short Trade

As we can see price has made its way up to an area of significance. In addition a bullish channel has started to form on the daily chart, which comes after a rally out of a decent bearish channel. Ultimately I remain neutral for now - anything can happen. It will be interesting to see if today's candle closes as a clean high test.

SamuelHorton SamuelHorton PRO AUDCHF, D,
AUDCHF: AUDCHF Upcoming Long Opportunity
62 0 11
AUDCHF, D
AUDCHF Upcoming Long Opportunity

Following negative CPI data the Aussie dollar fell considerable today, moving price lower into potential buy territory at the 0.69650 significant support level. Additionally, this level coincides with a decent bull channel which has been in formation since the beginning of September. Ultimately I remain neutral with this trade as there are still a number of ...

SamuelHorton SamuelHorton PRO GBPUSD, D, Short ,
GBPUSD: GBPUSD Potential Day Trade Opportunity
179 2 18
GBPUSD, D Short
GBPUSD Potential Day Trade Opportunity

Following a nice head and shoulder reversal set up on the daily chart, GBPUSD has started to form a decent bearish channel. Currently price is on its way down from a retest of the significant 1.54800 resistance level, which has held up very well. After breaking through minor support price retested this level yesterday. So far 4HR and 1HR price action has been ...

SamuelHorton SamuelHorton PRO EURUSD, D,
EURUSD: EURUSD 10/21 Review and Outlook
159 1 14
EURUSD, D
EURUSD 10/21 Review and Outlook

The tweezer top formation retesting the 1.13750 major resistance zone proved to be a textbook setup. In addition to this, monetary easing by the ECB has added fuel to the fire. For a short term outlook I expect a slight retest of the significant 1.11000 trend line, before price continues to the downside.

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