SteveNixon

PRO
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Last visit Joined 8 months ago United Kingdom logicfxtrading www.facebook.com/pg/logicfxtrading/posts/
Simple, Logical, Successful
Markets Allocation
95 % forex 5 % other
Top Mentioned Symbols
AUDNZD 17% | 23 GBPUSD 13% | 18 AUDJPY 13% | 18 USDCAD 8% | 11
SteveNixon SteveNixon PRO EURAUD, 15, 13 hours ago
EURAUD: EURO AUSSIE BREAKOUT?
54 0 12
EURAUD, 15
EURO AUSSIE BREAKOUT?

I've been waiting for a sure sign that this pair is going long. It is currently at the top line of the bear diagonal. Keep an eye on this for a breakout. This could be the start of the move back to the top - if it fails to break out then look for one more move back down into the diagonal. All forecasts will be updated as they develop - remember to follow to ...

SteveNixon SteveNixon PRO USDCHF, 240, Short , 2 days ago
USDCHF: Dollar Swiss Forecast
56 0 13
USDCHF, 240 Short
Dollar Swiss Forecast

This pair have been tracking sideways in this channel for more than a year. It currently looks short and may come all the way down to the channel bottom It may still have some more upside to it before breaking down. As always wait for the breakout and entry set up before doing anything. If price does not do what you expect then stay out. You can only lose money ...

SteveNixon SteveNixon PRO XAGUSD, 60, Short , 2 days ago
XAGUSD: Silver Forecast
69 0 11
XAGUSD, 60 Short
Silver Forecast

This looks like it is about to correct down although it is currently tracking sideways. I don't see a trade at the moment but once one presents itself I'll update this chart. All forecasts will be updated as they develop - remember to follow to receive them. Always wait for an entry set up before risking your money. This is not investment advice - it is ...

SteveNixon SteveNixon PRO DXY, 60, 2 days ago
DXY: Forecast Dollar Index
80 0 15
DXY, 60
Forecast Dollar Index

I don't trade this but I like to watch it as it gives us a lot of information regarding all the major pairs. Price has been creeping up in what looks like the B wave of a corrective structure. It could break down before continuing on up so I've set an alarm on the trend line. From a trading point of view I don't see a long entry but if it breaks south one could ...

SteveNixon SteveNixon PRO AUDNZD, 60, 2 days ago
AUDNZD: Wave 5 Complete?
130 1 20
AUDNZD, 60
Wave 5 Complete?

I'm looking for an end to this current impulse. Wave 5 will complete soon (it may already be complete) You may want to take profits once it looks corrective - set a close stop loss and let it take you out ( if it continues long you will still be in the trade) Forecasts will be updated as they develop so remember to follow so you don't miss them. Always wait for ...

SteveNixon SteveNixon PRO GBPUSD, 60, 7 days ago
GBPUSD: Short then Long
165 0 29
GBPUSD, 60
Short then Long

Forming a 5 wave corrective structure. May fall to the bottom of the channel then should climb back up next week Always wait for an entry set up before risking your money. This is not investment advice - it is purely for educational and discussion purposes. Your Ideas, comments and questions welcome Good luck Steve

SteveNixon SteveNixon PRO EURCAD, D, Long , 7 days ago
EURCAD: Weekly Forecast Euro CAD
114 0 23
EURCAD, D Long
Weekly Forecast Euro CAD

Price is approaching the channel bottom. There is a high probability that it will bounce back into the channel Wait for the correct set up and there may be a great trade to the top All weekly forecasts will be updated as they develop so remember to follow to receive them. Always wait for an entry set up before risking your money. This is not investment ...

SteveNixon SteveNixon PRO EURAUD, 60, Long , 7 days ago
EURAUD: Buy set up on Euro Aussie
111 0 24
EURAUD, 60 Long
Buy set up on Euro Aussie

Look like it's going up for another wave. Perfect buy set up currently presenting itself Price has just broken out of a flag Always wait for an entry set up before risking your money. This is not investment advice - it is purely for educational and discussion purposes. Your Ideas, comments and questions welcome Good luck Steve

SteveNixon SteveNixon PRO CHFJPY, 240, Long , 9 days ago
CHFJPY: Weekly Forecast Swiss Yen
31 0 22
CHFJPY, 240 Long
Weekly Forecast Swiss Yen

We are currently in a correction after a long impulse. I think the impulse will continue up after the correction has ended - this bias is based on the fib retracement of the previous high on the weekly chart. We'll get a better idea of where it is going once it breaks out of it low degree correction it is currently in. No entry set up at the moment but I'll ...

SteveNixon SteveNixon PRO CADJPY, D, Long , 9 days ago
CADJPY: Weekly Forecast CAD YEN
53 0 20
CADJPY, D Long
Weekly Forecast CAD YEN

We have recently broken out from a daily short channel. Since then a lower degree ABCDE correction has formed and could now be complete. Given this and the current price I am inclined to be long on this pair. It currently appears to be breaking out of the correction - wait to see how it develops and see if it gives us an entry set up. All weekly forecasts will ...

SteveNixon SteveNixon PRO CADCHF, 120, Long , 9 days ago
CADCHF: Weekly Forecast CAD SWISS
19 0 19
CADCHF, 120 Long
Weekly Forecast CAD SWISS

This pair appear to be making an ABC Flat on the Daily timescale It probably has a bit more to go before wave C is complete therefore I'm long on this. Can it go short from here? YES - remember we're dealing with probabilities. Focus on the structure because it will tell you where it is most likely to go. On the 1H chart price has broken out of the previous ...

SteveNixon SteveNixon PRO AUDCHF, 60, 10 days ago
AUDCHF: Weekly Forecast Aussie Swiss
84 0 23
AUDCHF, 60
Weekly Forecast Aussie Swiss

There has been no need to adjust this chart from last week. Price has moved exactly as predicted and it is currently at a decision point. We will have to wait for more information before we can tell what is going to happen next. It is easy to see that it will either bounce back into the channel or it will break out. I am inclined toward the bounce and a short ...

SteveNixon SteveNixon PRO AUDNZD, 60, Long , 10 days ago
AUDNZD: Weekly Forecast Aussie Kiwi
70 0 20
AUDNZD, 60 Long
Weekly Forecast Aussie Kiwi

I've been long on this since the bottom and added to my position as it progressed It will make a larger degree correction sometime soon so I don't currently see any good opportunities to enter. It may reach T1 before correcting - anyone who is long on this protect your position by moving your stops as required. The correction shown on the chart is only ...

SteveNixon SteveNixon PRO AUDCAD, 180, Long , 10 days ago
AUDCAD: Weekly Forecast Aussie/CAD
91 0 23
AUDCAD, 180 Long
Weekly Forecast Aussie/CAD

Looks Long but is currently in mid wave correction It may correct as indicated (ABC) or it may go long from here Either way wait for the breakout All weekly forecasts will be updated as they develop so remember to follow to receive them. Always wait for an entry set up before risking your money. This is not investment advice - it is purely for educational ...

SteveNixon SteveNixon PRO AUDJPY, 60, 10 days ago
AUDJPY: Weekly Forecast Aussie Yen long (eventually)
138 0 21
AUDJPY, 60
Weekly Forecast Aussie Yen long (eventually)

This is currently difficult to call except that it will probably go long at one of the three points indicated. If it's an higher degree ACB correction it should come down to the point indicated. On the other hand in may bounce within it's current lower degree corrective structure without going to C. The third likely option is that it breaks out without bouncing ...

SteveNixon SteveNixon PRO AUDUSD, 240, 10 days ago
AUDUSD: Weekly Forecast Aussie/Dollar
143 0 21
AUDUSD, 240
Weekly Forecast Aussie/Dollar

It is easy enough to see what is happening with this chart. It is currently approaching the top side of an 3 wave ABC correction It could bounce back for to make a 5 Wave correction or it could break out and go long We'll have a better idea once we reach the structure top. All weekly forecasts will be updated as they develop so remember to follow to receive ...

SteveNixon SteveNixon PRO USDCAD, 240, Short , 10 days ago
USDCAD: Weekly Forecast Dollar Cad Short
89 0 21
USDCAD, 240 Short
Weekly Forecast Dollar Cad Short

This has recently broken out of the weekly sideways correction and looks short. The shape of the correction makes the next high degree move look short. Currently it seems to be in a lower degree correction but once it breaks out of this it should present a nice short opportunity. The breakout could happen soon or it may go back up for another low degree ...

SteveNixon SteveNixon PRO USDCHF, 60, 10 days ago
USDCHF: Weekly Forecast Dollar Swiss
76 2 18
USDCHF, 60
Weekly Forecast Dollar Swiss

Looks like it's making a D wave of a higher degree correction. Currently it seems to be in the B wave of the 3 waves which will take us to D This current structure may have some more up in it but it is highly likely that it will break down within the next week or so. Remember you cannot lose money until you open a position therefore you must wait for the chart ...

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EURNZD
Euro Fx/New Zealand Dollar
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USDCHF
U.S. Dollar/Swiss Franc
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AUDCHF
Australian Dollar/Swiss Franc
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AUDNZD
Australian Dollar/New Zealand Dollar
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AUDUSD
Australian Dollar/U.S. Dollar
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AUDJPY
Australian Dollar/Japanese Yen
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GBPUSD
British Pound/U.S. Dollar
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EURGBP
EURO / POUND STERLING
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GBPAUD
British Pound/Australian Dollar
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USDCAD
U.S. Dollar/Canadian Dollar
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USDJPY
U.S. Dollar/Japanese Yen
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NZDCAD
New Zealand Dollar/Canadian Dollar
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NZDUSD
New Zealand Dollar/U.S. Dollar
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EURUSD
Euro Fx/U.S. Dollar
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