Theforexlife

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About me Design your future, its yours to change!
Joined Sydney The_forex_life
Design you future, retire when you want to!
Markets Allocation
94 % forex 6 % other
Top Mentioned Symbols
AUDUSD 17% | 3 GBPNZD 11% | 2 GBPAUD 11% | 2 EURAUD 5% | 1
Theforexlife Theforexlife NZDJPY, 240, Long ,
NZDJPY: gg
12 0 4
NZDJPY, 240 Long
gg

gggg

Theforexlife Theforexlife XAUUSD, D, Long ,
XAUUSD: XAUUSD
50 0 3
XAUUSD, D Long
XAUUSD

Buy entry

Theforexlife Theforexlife GBPJPY, D, Short ,
GBPJPY: GBPJPY
68 0 6
GBPJPY, D Short
GBPJPY

Potential short opportunity, Stoch and MACD over brought, bouncing of strong historic resistance. Plus the RSI is about to cross the short term RSI trend line.

Theforexlife Theforexlife EURNZD, 15, Long ,
EURNZD: EURNZD
14 0 2
EURNZD, 15 Long
EURNZD

Short trade based on the overbought stock, 200EMA

Theforexlife Theforexlife GBPAUD, 240, Long ,
GBPAUD: GBPAUD
13 0 1
GBPAUD, 240 Long
GBPAUD

Potential long on the GBPAUD. Stoch is oversold, RSI is also in an over sold position, we have also hit minor support at 2.08803 from the previous low. For another strong move we will be monitoring the RSI, waiting for it to breakthrough resistance, if so then we draw a horizontal support line where the break occurs then Short the GBPAUD until the RSI breaks back ...

Theforexlife Theforexlife GBPNZD, 240,
GBPNZD: Trendlines, Supply & Demand, MACD Resistance and Support
20 0 2
GBPNZD, 240
Trendlines, Supply & Demand, MACD Resistance and Support

Price Action, channel, supply & demand and MACD resistance. Example of using different techniques once one has finished. Price action is a fantastic tool.

Theforexlife Theforexlife GBPNZD, 240, Long ,
GBPNZD: GBPNZD
29 0 2
GBPNZD, 240 Long
GBPNZD

Pound - kiwi has been breaking through the 50MA then presenting nice bullish moves once its broken back through.

Theforexlife Theforexlife GBPAUD, D, Long ,
GBPAUD: GBPAUD LONG
21 0 2
GBPAUD, D Long
GBPAUD LONG

Waiting on Bullish confirmation to enter long for a potential push through the 2.20388 zone.

Theforexlife Theforexlife CADCHF, D,
CADCHF: CADCHF good text book entries
4 0 2
CADCHF, D
CADCHF good text book entries

This pair has been providing some really good text book trades of late. Im going to be keeping an eye of this pair this week for potential pull back entries.

Theforexlife Theforexlife AUDUSD, 240, Short ,
AUDUSD: AUDUSD short
19 0 3
AUDUSD, 240 Short
AUDUSD short

AUDUSD, Potential short this week as the AUDUSD hits the resistance line and pull backs.

Theforexlife Theforexlife AUDUSD, 240, Short ,
AUDUSD: AUDUSD quick short setup.
15 0 3
AUDUSD, 240 Short
AUDUSD quick short setup.

AUDUSD still showing very Bearish signs, its sitting well below the 50EMA with the Stoch indicating an over brought market.

Theforexlife Theforexlife EURGBP, 240, Long ,
EURGBP: EURGBP long
39 2 3
EURGBP, 240 Long
EURGBP long

:::Trade swap Tuesday::: Nice long breaking through the 50EMA on the EURGBP, points of management are the previous highs around the 0.73480 zone

Theforexlife Theforexlife XAUUSD, D, Short ,
XAUUSD: XAUUSD Potential short opportunity
20 0 3
XAUUSD, D Short
XAUUSD Potential short opportunity

Im also liking the XAUUSD this week, looks like Gold could pull back to the resistance line of 1139.78, if this does happen I will be looking for bearish confirmation then managing the entry around the 1124.31 zone. However I do expect Gold to fall further.

Theforexlife Theforexlife AUDNZD, D, Long ,
AUDNZD: AUDNZD Long setuo
10 0 3
AUDNZD, D Long
AUDNZD Long setuo

Im liking the AUDNZD this week, if the AUDNZD pulls back to the former resistance line we could see a potential long entry. Points of interest would be the previous highs of the channel as potential pullbacks which are indicated by the red broken lines.

Theforexlife Theforexlife EURAUD, D, Long ,
EURAUD: EURAUD possible long entry
11 0 2
EURAUD, D Long
EURAUD possible long entry

Looking for a bearish pull back here down to around the 1.55681 range, then looking for the Bulls to take over and continue this upward trend. Areas of management would be the 1.60987 zone and also the 1.62242. Hoping for a break through at the top.

Theforexlife Theforexlife AUDUSD, D, Short ,
AUDUSD: AUDUSD potential pullback trades
17 0 2
AUDUSD, D Short
AUDUSD potential pullback trades

AUD is still in a very bearish trend, the market is expected to decline over the coming months. There will be some good opportunities as the AUD pulls back to enter trades. The .70700 range from the previous week held good resistance, which we will set an alert for and monitor. Good one to keep an eye on this week.

Theforexlife Theforexlife EURUSD, D, Long ,
EURUSD: EURUSD POTENTIAL LONG ON THE DAILY
30 0 3
EURUSD, D Long
EURUSD POTENTIAL LONG ON THE DAILY

Possible setup on the EUR/USD this week, looks as though it will pull back to the 1.10000 range. I would be managing this trade for a possible pullback around the 1.1200 to 1.3500 zone, or on the previous highs through the channel. Good looking setup for this week. Lets see how this unfolds.

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