bnjfx1

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Markets Allocation
100 % forex
Top Mentioned Symbols
GBPUSD 66% | 2 USDCAD 33% | 1
bnjfx1 bnjfx1 USDCAD, D, Short ,
USDCAD: USDCAD - POTENTIAL A GOOD SET UP
24 0 1
USDCAD, D Short
USDCAD - POTENTIAL A GOOD SET UP

Continuation of a downtrending market. Price has exited out of the weekly trendline and I am expecting a bounce shooting for 1.260.

bnjfx1 bnjfx1 GBPUSD, D, Short ,
GBPUSD: GBPUSD - TEXT BOOK STUFF
22 0 1
GBPUSD, D Short
GBPUSD - TEXT BOOK STUFF

This not the best set up hence why I am only seeking a 1:1 RR. Targeting a 2:1 or 3:1 is not quite realistic because of key levels. Had the candle been smaller last night this could have squeezed out a 2:1 or 1.5:1. The target is set on price action not reward!

bnjfx1 bnjfx1 GBPUSD, D, Short ,
GBPUSD: 2:1 trade on CABLE - Basic trade
43 0 2
GBPUSD, D Short
2:1 trade on CABLE - Basic trade

Price has bounced into the higher channel. I am anticipating a bounce lower after observing the spike. From the previous swing high to the swing low price is currently above the 61.8% retracement level which suggests a good place for a sell trade if you are bearish on cable. Will be shorting this off the break of the candle looking for a 2:1

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