ShortForexAcademy

ShortForexAcademy Updated 

GBPUSD is currently on third, strongest (78) fib PP. Looking at last week trend line it might retest it. Price is on the bottom of the price channel (15M) – short term bullish. There were some bullish divergenaces and RSI is oversold. I do expect some down movement, I will have tight SL and might adapt it upon seeing movement.

ShortForexAcademy Updated 

XAUUSD is in consolidation right now. I'll be scailing in position if price keep rising untill upper resistance level. If price reverses in mean time I'm riding position for possible 0,5% profit from current level. Do not forget that NFP is behind the corner, maybe avoid trading gold in that time if you are not experienced. Always use TP and SL.

ShortForexAcademy Updated 

Price action is all you need for scalping on lower time frames. After that move just change SL to 0 loss and make profits grow.

ShortForexAcademy Updated 

Trend breakout with retesting – confirmation. CAUTION because price is close to strong resistance – if it bounces back down quick short scalp. On lower time frames (5M, 15M) we have bullish EMA crossing (50 and 200) – if EMA is retested and price bounces I will see this as valid LONG trade. Strong bullish volume 5 days ago. You could wait for more confirmations...

ShortForexAcademy Updated 

Opening LONG position with valid retesting of trend line that acts like support line.

ShortForexAcademy

I'm looking for retesting area around pivot point and trend line. It retesting confirms I will enter in LONG position. Like, comment and subscribe for more ideas of price action.

ShortForexAcademy Updated 

EURUSD bounced from resistance which was trend line. Bearish momentum if 5M and 15M charts crosses with 50 under 200 EMA. Target will be pivot point marked with strong yellow. Already have position, have tight stop loss and TP - this is position for small scalp.

ShortForexAcademy Updated 

I'm expecting EURUSD to fall a little bit more to bottom FIB line (yellow) from there I'm going to go long for a quick scalp. Or scale my position if it goes down a bit more. Also 2 bullish divergences on 4h chart from previous days. Always use stop loss and plan your TP

ShortForexAcademy Updated 

I'm looking for a small reversal now that GOLD had break structure. Looking for entering position once it retested. Maybe I'll wait till candle after retest closes above this structure break now.

ShortForexAcademy

I'm focusing on Forex primarly but also have side account for swing trading. This is 1-2 months swing. High possile reward. Looking for 1.8/1.9$ TP, with news and pumping I'll see how long I will stay in the position. This is not a financial advice. Please do your own DD to support thesis you have and only after that think of entering a position.

ShortForexAcademy

Currently USDJPY is rebouncing on PP. Since pair is quite strong there will probably third retesting of first FIB pp. Not in any position right now.

ShortForexAcademy Updated 

Waiting to go to support trend line. This are not my exact entries, they are marked for zone that i'm looking for. For now gold is still looking bearish. Looking for confirmation. Please let me know your ideas or comment on that.

ShortForexAcademy Updated 

Entering scalp position on GBPJPY. It is at strong retracement based on fib hourly and daily

ShortForexAcademy Updated 

Possible buy opportunity. Double bottom on 1D chart. DXY dollar index looking weak. SL would be a bit below previous low (of double bottom). Cut losses quickly in this case it could turn.