forexnick

forexnick

Hey everyone and welcome to SUNDAY FUN DAY! Tonight we're looking for USDJPY to break past the 200 Moving Average and head towards it's next level of resistance, found at the 112 level. Here's the plan: Entry: Usd jpy @ 111.275-111.400 Sl 111 Tp 112.2 As always, remember proper risk management and expectations! We're rocking between a 30 and 40 pip loss for a...

forexnick

Easy Pipperino's, here's todays short term trade. It's about to test the top resistance and price has bounced off the channel and will continue up hopefully. Quick analysis, remember proper risk %, this is approximately a 1:1 bet but with high probability of success! Buy cadjpy Sl 83.900 Tp 84.400 Good Luck Traders! Until Next TIme, ForexNick

forexnick

Hey guys, caught this trade off the daily. Easy upwards channel, it will most likely rise to the 23.6 fib level. Set your buy limit and relax. Remember to move SL to break even when 25 pips in profit and to 25 when 50 in profit. Buy limit Eur cad @ 1.4828 Sl 1.4788 Tp 1.49825 Good Luck and Happy Trading :)

forexnick Updated 

Hey Traders, We're looking at a fall in the XXX/JPY pairs. I've found a setup in USDJPY that looks very promising. Here are the details. Reasons to sell: Top of channel pinbar and reversal candles bounce off the 111.750 price level recent upmove looking exhausted Rejecting off a resistance ENTRY: 111.500-111.250 SL: 112.09 TP: 110.090 Good luck traders! Follow...

forexnick

EUR LONG ENTRY: 1.11345-1.11500. SL: 1.11175 TP 1.1199 EU is at the bottom of it's channel, we should see a demand for buying as price begins to rise in our favor. Let's see what happens! This trade gives us a great R:R as well!

forexnick

Another quick trade, AUDCAD sitting on support, let's hope it moves to the next resistance. Entry details are below, good luck and have fun! ENTRY: 1.00525-1.00360 TP 1.01140 SL 1.00300

forexnick

Check it out, AUDJPY hitting resistance and topping out. It's time to short this bad boy all the way back down to it's support at 83.1. Entry will be around 84.4 for confirmation. Sometimes it's best to wait until you are positive that price is heading your way, this will help you stop losing to fakeouts and trend continuations. Put your limit and stop orders in...

forexnick

Monday's trade! EURAUD sitting around 1.4678 level, perfect entry area for a push towards 1.4886. Place stops at 1.4649 - 30 pips. This trade has a great R:R with 7:1. Supply and demand trade, simple as that. Remember! Trail your stoplosses 25 pips once you hit 25 pips profit! So, move stoploss to breakeven @ 25 pips profit move Stoploss to 25 pips profit @ 50...

forexnick Updated 

The time has come! It's SUNDAY FUNDAY and who's ready to start this week off strong!?! Just seeing GJ break out of it's channel and figured I would drop you guys a free signal and my personal take on the analysis! It appears to have been ranging for a little while and should make a push up to the next resistance, aka our take profit! Entry 141.800-142.000 SL:...

forexnick Updated 

The time has come! It's SUNDAY FUNDAY and who's ready to start this week off strong!?! Just seeing UJ move to the top of it's channel and figured I would drop you guys a free signal and my personal take on the analysis! ENTRY ~111.000-111.250. TP: 112.840 SL: 110.800 Nice R:R 9:1 with minimal drawdown, best of luck all!

forexnick

Greetings traders! It's Sunday Funday and I'm back to present to you an excellent trading idea for EURJPY. As we can see on the chart we have a strong resistance at the 125.00 level. I highly doubt that this pair will break past it, so we will look to sell it from 125.070 all the way down to 123.690, an area of strong support. Stoploss is 30 pips up at...

forexnick

Look, the S&P500 is going to be retracing back down, market sentiment for the end of Q1 put us at a high that has not been seen with stocks since the recession. Q2 is calling for a retrace, and market sentiment shows that gold is rising. It's time to hop in on JNUG and HOLD it. Stop worrying about daily fluctuations, think about the big picture. I am hoping that...

forexnick

Bounce off the trend line at 146.250 after a bearish pullback. First target is 147.230, second is 148.400. I expect this to continue upwards to the 150 level if not higher. BUT before we get there we will obviously have pullbacks. We will buy those pullbacks. The trend is your friend. Bullspeed. Best, GJgangsta