TheForexClubFX

TheForexClubFX

AUD/USD - Short-Term-Trade - 2H Trend-Line Rejection Entry @: 0.77597 T/P: 0.76994 (+60 PIPS) S/L: 0.77847 (-25 PIPS) Risk:Reward 2.4:1 (Great) ENTRY: As we see that our 2H candle has closed -BELOW- our trend-line making this a trend-line rejection. As well we drew a minor 4H trend-line and also price has closed -BELOW- giving us 2 confirmations of a possible...

TheForexClubFX

As we see that price has officially closed -BELOW- our trend-line on our lower-time-frame. We are looking to see a possible down-side for this pair. We have to keep in mind that this is a AGGRESSIVE ENTRY which means it is more vulnerable for fake-outs. If we see a nice 8H candle closing -BELOW- we can possibly add another position to this trade. We have to keep...

TheForexClubFX

As we were mentioning earlier; we were waiting for a -BUY/SELL- confirmation. My overall prediction was to go -LONG- but I didn't have any entry confirmation. As we see that price has closed -BELOW- our Trend-Line on our 3 time-frames (1H - 2H - 4H) we have a pretty big confirmation for this trade to the down-side. I don't see my-self adding any other open...

TheForexClubFX

We've been in a pretty strong -BULLISH- market since last week. Although at the close of the candle last Friday really didn't give us any entry opportunities. The question is... What should we be expecting? As of right now we should reach our Minor Resistance Area of 113.200 as that is a nice potential target. We did have a nice trend-line rejection + 61.8%...

TheForexClubFX

As posted earlier we were seeing a potential down-side for this pair. As of right now we will have a total of 2 active entries (Medium and Short). We will be looking to add another position at the close of the 4H candle, if it ends up being a bearish candle. Our T/P is roughly set between our Monthly Support and our -27.20% Fibonacci Area. If this becomes a...

TheForexClubFX

I hardly trade this pair anymore. Despite paying well as of right now I've been taking a small break from this pair. Anyways; the main question is. What should we be expecting for this pair? Well on our 8H chart; we have actually closed well -BELOW- our Trend-Line. We should be expecting a push to roughly around 1275.00. As of right now on both Short-Term and...

TheForexClubFX

We've been in a -STRONG- down-trend. Strong enough that our overall bias on higher time-frames may change to a down-trend. Almost all of today we have seen this pair retrace; which is normal after a long session of bearish movement. As of right now; we are in a interesting spot. If we see price closing above at the end of this hour we could go back to a...

TheForexClubFX

As posted previously on our Market Update; we may see more of a down-side for this pair. We went ahead and placed a VERY AGGRESSIVE entry on this pair. As we saw that our 4H candle has closed -BELOW- our trend-line. As price has been in a STRONG down-trend we wouldn't be surprised if we see price retracing a little bit. Needless to say we have a pretty decent...

TheForexClubFX

We had previously placed a -Aggressive- Entry for this pair. As stated previously we have waiting for the 4H candle to place our 2 active position for this trade. It is a little bit risky due to the fact of all the news we have upon us. But overall we are still predicting a down-side for this pair. As long as we don't see price closing -ABOVE- our trend-lines we...

TheForexClubFX

As we've seen a trend-line rejection. We are aiming for another down-side for this pair. The risk:reward ratio is actually pretty good. However; we do have a pretty ambitious T/P. Once we reach our 1st area (-27.20%) we will move our S/L to break-even. If this becomes a losing trade; we will be looking for another entry to the upside if we have...

TheForexClubFX

Could we have a possible down-side for this pair? We are in a odd spot right now for this pair. For the past couple of days we have been descending aggressively after a whole week of bullish movement. But we could have a possible entry upon us. If at the close of the 8H candle we see price closing -BELOW- our trend-line. We would have a nice -SELL-...

TheForexClubFX

We may possibly have a entry for this pair once again but to the upside. We are still awaiting to see if at the close of the 2H chart if we possibly have a trend-change. If this candle closes -ABOVE- we will be placing a nice solid -BUY- with our overall target being our Monthly Resistance. You can also place a VERY AGGRESSIVE ENTRY at the close of the 1H...

TheForexClubFX

Is it time for a upside potential? Yesterday we were discussing our down-side for this pair. Needless to say our T/P got smashed. Early we had a trend-line rejection that sadly ended up as a losing trade. But nothing to worry about. We will be looking at this pair for a potential -BUY-. As you can see on our chart above we have 2 listed T/P area's overall I...

TheForexClubFX

We may have a possible entry coming at the close of this hour. As we see our trend-line is close to being broken. The only concern I have is our Critical Zone (That aligns with a 78.6% Fibo + Monthly Support Area); preferably I would like to see if price can manage to close -BELOW- that area; as that would give us a higher % to reach our Minor Support (Yellow Box...

TheForexClubFX

As we see that price has closed -BELOW- our minor trend-line. We will be looking for a quick CTT scalp. If we do see price closing -BELOW- our major trend-line we will have FTC which we may extend our T/P.

TheForexClubFX

As we see a trend-line rejection I saw a good -LONG- opportunity. I did enter with half of my average lot size as I want to wait to see if price can close -ABOVE- our Major Trend-Line. If we do see that at the close of the 4H I will be adding another position and riding with 2 active positions for this pair. We just have to wait and see. How this is a...

TheForexClubFX

USD/JPY - Short-Term-Trade - Market Update This has been a LOVELY pair this week. As it has given us LOTS of trading opportunities. Overall I've had 3 entries with this pair (2 closed with profit and 1 Long-Term currently opened). As of right now we are in a perfect zone for entries. Price has already reached a potential area of profit (-27.20%) and it...

TheForexClubFX

GBP/USD - Short-Term-Trade - Market Update We've been seeing price be in a STRONG -Bullish- trend. Overall I can see price reaching our -27.20% Fibonacci area (About 75 PIPS away). However; I don't see my self placing any entries as of right now. What are my recommendations? If you are in a -BUY- I recommend you still hold this pair as we are still...