bearmaxtrading

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About me Trader predominantly trading Forex see blog for further info.
Joined bearmaxtrading
Markets Allocation
100 % forex
Top Mentioned Symbols
GBPCAD 16% | 1 GBPNZD 16% | 1 EURNZD 16% | 1 GBPUSD 16% | 1
bearmaxtrading bearmaxtrading EURNZD, D,
EURNZD: eurnzd potential sign of exhaustion?
20 0 0
EURNZD, D
eurnzd potential sign of exhaustion?

EURNZD showing signs of potential exhaustion and a correction or reversal possible. Bollinger Bands indicating possible turn which is supported by larger retracement of last daily move down.

bearmaxtrading bearmaxtrading GBPNZD, 240, Short ,
GBPNZD: GBPNZD
14 0 0
GBPNZD, 240 Short
GBPNZD

Short trade low risk high reward entry around 2.0390 30 pip stop with 110 pip target. Reason for trade is the pair may be ending a cycle.

bearmaxtrading bearmaxtrading GBPCAD, 60,
GBPCAD: GBPCAD BULL THEN BEAR
18 0 0
GBPCAD, 60
GBPCAD BULL THEN BEAR

This is how we traded GBPCAD looking for longs initially but did not get entry, after long targets hit we looked for shorts.

bearmaxtrading bearmaxtrading AUDCAD, 240, Short ,
AUDCAD: AUDCAD SHORT TRADE
28 0 0
AUDCAD, 240 Short
AUDCAD SHORT TRADE

Short trade was issued based on price movement of equal size giving entry area with tight stop of 15 pips risk reward 1 to 5

bearmaxtrading bearmaxtrading USDJPY, D, Short ,
USDJPY: Short following rsi trendline break
36 0 0
USDJPY, D Short
Short following rsi trendline break

Hoping for correction similar to previous correction on Daily chart which could act as support around 110.00 area.

bearmaxtrading bearmaxtrading GBPUSD, D, Long ,
GBPUSD: GBPUSD long
30 0 0
GBPUSD, D Long
GBPUSD long

A descending wedge on the daily chart offering great risk reward if stop below the lows. Initial targets would be around 1.6300.

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Euro Fx/Australian Dollar
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