Tordecilla

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About me Extremely conservative trader. Think risk not gains.
Joined London, UK
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 28% | 2 FX:GBPUSD 28% | 2 AUDUSD 14% | 1 FX_IDC:GBPUSD 14% | 1
Tordecilla Tordecilla GBPUSD, 15, Short ,
GBPUSD: Cheeky 20-30 Pips
37 0 2
GBPUSD, 15 Short
Cheeky 20-30 Pips

EURGBP has been sunk to new lows supporting GBPUSD. Sell limit for 20-30 PIPS. - Risk 12-13 pips

Tordecilla Tordecilla AUDUSD, 240, Short ,
AUDUSD: Down Under?
32 0 0
AUDUSD, 240 Short
Down Under?

I don't see any reason why AUD will be kept well bid unless US data starts to disappoint heading into December. Price action the day after last weeks employment data said a million words. The rally today was most likely down to the large options expiry. Techs - 100MA has been acting as good resistance. - Falling trend line yet to be broken.

Tordecilla Tordecilla GBPUSD, D, Short ,
GBPUSD: Time To Short?
69 1 1
GBPUSD, D Short
Time To Short?

As per my previous T analysis, I have now entered a short position (152.40) with targets of 1.500 and 1.4800. SL 1.53.30

Tordecilla Tordecilla GBPUSD, D,
GBPUSD: Further downside on the horizon?
45 0 2
GBPUSD, D
Further downside on the horizon?

BOE dovish, Fed hawkish and with a rate hike back on for December, the old lady will most likely tumble further. We should go into consolidation mode today before resuming the down trend. Market will most likely test the 1.5100/1.5200 levels first.

Tordecilla Tordecilla NZDUSD, 240, Short ,
NZDUSD: Text Book - Support becomes resistance
96 0 1
NZDUSD, 240 Short
Text Book - Support becomes resistance

Text book move, support now becomes resistance. 0.6620 area broken, which now opens the door to further downside. Will add to short position if we can retest the 0.6620 area 200 MA getting in the way at present. SL moved to break even. Targets based on FIB levels.

Tordecilla Tordecilla EURUSD, 240,
EURUSD: Nothing Has Changed
46 0 1
EURUSD, 240
Nothing Has Changed

Predictable Price Action EURUSD - Price has edged a little higher since Friday but there has been nothing to get excited about. I still favour the downside from here before pushing higher. Tomorrow EURGBP may have some impact on this pair if UK average earnings are positive.

Tordecilla Tordecilla EURUSD, 240,
EURUSD: Where Now?
43 0 1
EURUSD, 240
Where Now?

EURUSD price action has been very predictable. It will very interesting to see what happens now that 1.1330 has been breached. I prefer the downside from here before another attempt higher.

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