TradingTipster

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Last visit Joined 2 years ago London tradingtipster.blogspot.com
Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 33% | 2 CADJPY 16% | 1 AUDNZD 16% | 1 GBPAUD 16% | 1
TradingTipster TradingTipster GBPAUD, D, Long , 2 years ago
GBPAUD: GBPAUD hits the bottom of the channel, go long!
68 0 0
GBPAUD, D Long
GBPAUD hits the bottom of the channel, go long!

This looks like a good one. GBPAUD has been trading in a channel and has now reached the bottom of that channel or the trendline if you prefer. It has also retraced to 61.8% of the last Fib and also looking at the chart I see a divergence (green line) between the price action (higher lows)and the ultimate oscillator (lower lows). Not only that but after checking ...

TradingTipster TradingTipster CADJPY, D, Short , 2 years ago
CADJPY: 5 wave sequence in CADJPY
21 0 0
CADJPY, D Short
5 wave sequence in CADJPY

Someone has probably already spotted this trade but the basic 5 wave sequence is apparently forming in CADJPY. As you can see wave 2 retraces to the 38.2% level of the first wave and wave 4 retraces to the 61.8% level of the 3rd wave. The 3rd wave is also the 200% expansion of the first wave. My target (wave 5) would be the 127% expansion of wave 5 seeing as how ...

TradingTipster TradingTipster GBPCHF, W, Short , 2 years ago
GBPCHF: GBPCHF Short, Long time frame
85 0 1
GBPCHF, W Short
GBPCHF Short, Long time frame

From my analysis, despite GBP's strenght, GBPCHF is a short and has now entered a medium term down trend, although in the long term it is in an up trend. My target would be at 1.48515 seeing as how it is the 61.8% fib level from the last swing and also an important resistance level. Just noticed the title is a little misleading, it's a Short in a longer timeframe.

TradingTipster TradingTipster USDJPY, D, Long , 2 years ago
USDJPY: USDJPY still ranging, time for another long
162 0 2
USDJPY, D Long
USDJPY still ranging, time for another long

Awaiting confirmation on a shorter time-frame (strong hammer rejecting the 88.6% fib and the support level or an engulfing candle in the 1 hour or 4 chart), in my opinion it's time for another long in USDJPY with the 1st target around 102.300 and the 2nd target around 102.700. Depending on the economic data coming on the following 1 or 2 weeks, this might be the ...

TradingTipster TradingTipster AUDNZD, D, Long , 2 years ago
AUDNZD: AUD/NZD Long
33 2 1
AUDNZD, D Long
AUD/NZD Long

AUD/NZD Long

TradingTipster TradingTipster USDJPY, D, Long , 2 years ago
USDJPY: USDJPY at the bottom of the range, time to go long again
96 0 2
USDJPY, D Long
USDJPY at the bottom of the range, time to go long again

USDJPY is at the bottom of a range from where it's been since February and once again rejecting to break the 102.280 level. Long with a 1st target around 102.330 and a 2nd target at around 102.700.

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