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Markets Allocation
100 % forex
Top Mentioned Symbols
GBPAUD 37% | 3 EURJPY 25% | 2 GBPNZD 12% | 1 EURNZD 12% | 1
Trafficlighttrader Trafficlighttrader EURJPY, 240, Short ,
41 0 0
EURJPY, 240 Short

Some nice pips on offer here.

Trafficlighttrader Trafficlighttrader GBPAUD, 240, Short ,
GBPAUD: GBPAUD potential short set-up
33 0 0
GBPAUD, 240 Short
GBPAUD potential short set-up

Looking for a short here in this ascending triangle with a range bound in the middle.

Trafficlighttrader Trafficlighttrader GBPAUD, 240, Short ,
19 0 0
GBPAUD, 240 Short

Looking for a short opportunity in this ascending triangle that has a range in the middle.

Trafficlighttrader Trafficlighttrader EURNZD, 60, Short ,
39 0 0
EURNZD, 60 Short

Simple price action.

Trafficlighttrader Trafficlighttrader GBPAUD, 120, Short ,
GBPAUD: GBPAUD - Short term short
30 0 0
GBPAUD, 120 Short
GBPAUD - Short term short

Looking to take a quick 100 pips off this trade. GBP/AUD is currently stuck in a range. I am looking for a break of the triangle followed by the printing of some bearish candlesticks prior to my short.

Trafficlighttrader Trafficlighttrader EURJPY, 60, Short ,
EURJPY: EURJPY - Shorts only
114 0 0
EURJPY, 60 Short
EURJPY - Shorts only

Going to take a swing at EJ after we have cleared the yellow rectangular support zone and the confluent 0.5 fib level, thus it shall become a good resistance, decreasing our chances of our stop loss being triggered. Targeting the green rectangle first (immediate support) then my second target shall be the added range, confluent with a support level. Again, price ...

Trafficlighttrader Trafficlighttrader GBPNZD, 60,
GBPNZD: GBPNZD - Short then long
76 0 1
GBPNZD - Short then long

GBPNZD - range bound for the best part of two weeks. Looking for a short position on the breach of the 0.236 fib level targeting the top of the red shaded rectangle (immediate support) gaining a good 120 pips. From there, I shall be looking for reasons to go long, back to the top of the range following the longer term trend. Price is clearly consolidating at the ...

Trafficlighttrader Trafficlighttrader GBPUSD, 60, Short ,
GBPUSD: GBPUSD - Downside potential
89 0 0
GBPUSD, 60 Short
GBPUSD - Downside potential

A poorly constructed head and shoulders is also present on this bearish chart. Stop loss - Just above 0.236 fib - confluent with resistance Entry - Close below 0.382 fib and yellow rectangle Take profit - Bottom of green rectangle (immediate support) Over 1:3 Risk Reward on this trade.

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