chance-upon-a-trade

chance-upon-a-trade

Trading nicely within the channel before and currently now as well. Hoping the trend continues.

chance-upon-a-trade Updated 

Pretty strong resistance here even coinciding with the fib retracement level at 61.8. Expect prices to move down to previous resistance turn support and round figure at 0.90.

chance-upon-a-trade

Still watching this pair. Range bound and looking for a breakout. Meanwhile could have opportunities trading within the range.

chance-upon-a-trade Updated 

Found an opportunity here. Waiting for a breakdown while resisted above. Tight stops with great reward if all goes well. Will be good if risk off happens or some negative sentiment happens with EURO meeting. :x

chance-upon-a-trade Updated 

Trying an idea I recently learnt for USDCHF as well.

chance-upon-a-trade Updated 

Set of lower highs and looking for a continuation. Markets are hard to trade now, have to see how this goes.

chance-upon-a-trade Updated 

Waiting for price to retrace and test the support level.

chance-upon-a-trade Updated 

EURUSD resisted heavily at 1.138 to 1.142 area, shorted and waiting for price drop, quite a huge RR ratio. But fundamentally have to monitor with big week ahead this week, with many events and announcements due, looking to see if markets will continue to go risk off. TP1 looking at 1.114 resistance to support TP2 at 1.1, which is quite a reach and will monitor if...

chance-upon-a-trade Updated 

TP1 on rising trendline TP2 on blue support level Let's see how this goes.

chance-upon-a-trade Updated 

Trying a new idea I recently learnt about.

chance-upon-a-trade

EURUSD has broken up of that downtrend line and looks to be stabilizing. Most likely will continue to trade sideways before looking for further impetus to move (long bias). This comes as more Fed speak is talking about rate cuts and possibly bigger cuts coming 31 July. Good to keep watch and monitor how this pair moves further along.

chance-upon-a-trade Updated 

EURUSD has broken down from it's high and passed the 38.2% fib retracement. Currently trading around the 61.2% retracement level and probably will coincide with the rising trendline before making a push back up. Will still be sitting back and watching how this plays out especially with NFP due this coming Friday, with expected payrolls to be coming out at almost...

chance-upon-a-trade Updated 

Looking at a continuous downtrend from the shooting star candle stick at the top of the previous high. Setting an SL close there as no point staying in the trade when new high is reached. TP is set to be around the previous weak support 1.119 area. On the higher timeframe 4H, big shooting star has also appeared at the previous high and has increased the odds for a...