chimmy94

chimmy94

Sell the GOLD/AUSSIE pair and stand to win an RRR of 1:6. I have checked enough metrics to make this call. Haha, like with every other trade. May the Gold Gods be with you. Cheers!

chimmy94

It's a mountain you're looking to climb briefly and toboggan all the way down. Sell the aussie-dollar.

chimmy94

The ride to nowhere.

chimmy94

As you can see. I expect some brief movement to the downside, before a reversal to the upside, where pips shall be banked.

chimmy94

As seen on technical chart analysis. I am of the bias of a huge shorting forecast.

chimmy94

The top has been reached.It's only downward from here.

chimmy94 Updated 

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chimmy94

What a slow start of the week. But I have a feeling the bears, will finish what they started last week. Push the Kiwi/Yen pair further down to a 64.80 or thereabouts.

chimmy94 Updated 

The bulls may be tired but not out. Meanwhile bears can get some quick pips and get off the market. Whatever happens after 0.6078 will be none of their business. SL - 0.6149 TP - 0.6078 R/R = 1.5

chimmy94

All I can say about this New Zealand Dollar/ Canadian Dollar trade is, Go BEARS! It's not everyday we get the chance for a 5X return on risk. (well, maybe we do get the chance everyday, but...) OANDA:NZDCAD

chimmy94

The rally is up. Time for the Bears to do what they do best. At an R/R ratio this isn't the best trade to take, but it is what it is.

chimmy94 Updated 

NOW seems like the bulls have run out of gas. The bears are planning to push the prices lower, in two faces. Down from 1.8135 to 1.8061 where a consolidation will happen. We shall set a trailing stop at breakeven one our first TP level (1.8061) is hit. Then before the close of the markets, we could see the bears hit a home run (expecting one or two large candles)...

chimmy94

How I see it is, this is the perfect time to sell and get a good return on risk.

chimmy94 Updated 

It's around 7 hours to the close of the market week. And I say we go short on the Euro/Canadian Dollar Pair. We might see prices going to as low as 1.5187 from the current 1.5257. With Zero consolidation in between. The Bears seem to be going for the home run. If we take this trade, the Risk/Reward = 1.9 or thereabouts.

chimmy94

SELL EURO KIWI... because a keylevel has been tested and is being retested. But we are looking at the downside.

chimmy94

CURRENCY PAIR: EURO/KIWI FORECAST: PRICE TO MOVE TO AS LOW AS 1.7850 CURRENT PRICE: 1.8000 SL: 1.8054