Saoldric

Saoldric

looks like a good opportunity, might be a bit early but it looks like price has bounced off the trend line, lets see if it holds.

Saoldric

bit early to go in but i figured the R:R was decent enough to try and catch the knife. currently at a .618 retracement level and at sig support. Im looking for a retracement move up to around the 50% mark.

Saoldric

had a bounce off a support level, looking to pocket a few pips on a retrace while waiting for a larger move to setup.

Saoldric

for this trade for about a week we have been in a corrective mode. I believe that we have finished our brief correction to the upside for the moment as we have broken our trend line of the correction. on a weekly we are at a somewhat strong support level atm as well as the 61.8% fibb level, so i have limited the target for this trade for now.

Saoldric

trending down near the top of the channel, so limited risk price crossed ma's MACD movement swinging down Im starting to become bullish on this pair because we are hitting yearly lows and it should bring in some new buyers and the shorts taking profit. we have yet to have a decent retracement as of yet. however, i dont see much in the price action to justify going long.

Saoldric

we had a breakout of our current channel and retested the breakout point. this gives us a good opportunity to go long.

Saoldric

Bullish: trending up(strongly and good fundies for it), this type of triangle usually breaks to the upside, bottom of the range of a upwards channel. Bearish: Daily MACD looks to be rolling over so a push down to correct the current bullish state might happen soon. all in all, this trade has a good R:R... if i get stopped out and the trade continues in...

Saoldric

was not zoomed properly, look for updated chart.

Saoldric

short down to bottom area of channel and then back up for a 50% retrace.

Saoldric

looks like a good area to look to take profit.

Saoldric

i think that the blue has a greater chance of happening, either way, buying the dips.

Saoldric

double bot, targeting .825 to .812 area.

Saoldric

simple trade, risking about 50 pips for a chance to gain a minimum of 250, of course will have multiple target levels above that, looking at the green horizontal trend lines. if price breaks first trend line which is colored red, stay out till price hits the lower blue line and wait for a lower time frame setup and use a tight SL.

Saoldric

EURJPY looks like its slowing down at the moment, im waiting for a potential short setup to catch some of a retracement move down. To me eurjpy looks expensive on the 4H chart. Waiting for a pull back to add to my long positions.

Saoldric

currently in an area of previous supply... We are currently in a descending triangle. This triangle type usually breaks to the upside more than the downside. judging from the chart a worth while trade seems to be to target the top range of the triangle and perhaps then again after a breakout.

Saoldric

play the breakout, tight stop. I think an upwards move is more likely, but we shall see.

Saoldric

haha, get it? anywho, most pairs with USD are showing this.... trend is looking a bit weak, but its still a trend. Looking for another push down, and letting some ride with an SL above the MA's. on the weekly we are at the lows for the year, so we may get a retrace upwards soon enough.

Saoldric

currently at Trend line support, looking for 60 pips down at least, take some off table and see how far it runs with a trailing SL. If it trades above SL looking for 70 pips up. within the next day or two.