ffxacademy

ffxacademy

Just practicing

ffxacademy

AUDUSD has still not completed its extension from January lows, we expect this to occur in the coming months. From here we have completed a bearish sequence post election that found many seller. Profit taking has been heavy at the full extension as we expect more bullish activity soon. Enter at market with stops below 161.8 extension and target daily extension...

ffxacademy

Another fantastic "golden zone" opportunity has presented itself this week. We as traders need the recent 77.53 high to be broken to start looking at this setup, otherwise this pair may already be in its bearish slide. 50%-61.8% retrace from 9-6 highs was slightly missed on 9-21 making this opportunity valid. Along with this the extension from 9-15 lows to the...

ffxacademy

We have another "golden zone" long trade upon us. 50% Fib and 100 extension has reached, clear struggle for bears at this point. Looking to get long at 1.3615 with stops at 1.3545 targeting new highs.

ffxacademy Updated 

Looking at this pair and the peak that was presented less than 24 hours ago i did not see a ton of trapped equity. Although it could plumment from current price I still wonder if a last ditch effort to get those stops hit will come.

ffxacademy

I only did this setup because i was requested to, but looking at this i went to the 1H time frame and found out TL we have formed. I suspect another bounce off that before we head lower. You can likely swing this both ways but being this far out i doubt I can tell the future this much! I would suggest going short till the 1.34 levels.

ffxacademy

With big news ahead in the Euro and a possible big setup, I see this swing setup emerging soon. With almost a 3:1 R/R ratio i do not see any problem with entering for a swing with a small position around the 1.09848 area. Another entry may present itself off of the trend line drawn. If we get a strong bearish close below that trend line I would consider the trade...

ffxacademy

Ideally market open will provide traders with a bearish trap move where we can capitalize around the 116 area and take long up into the 118 area.

ffxacademy

Looking at the 4HR AU setup I am looking at this bearish cycle to continue after a pullback to the .71 area or .715 area all dependent on the possibility of the break at the beginning of this week.