ibo2

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Joined The Hague, The Netherlands IBO96
Losing money daily... Keeping my feet on the ground
Markets Allocation
63 % forex 38 % other
Top Mentioned Symbols
GBPUSD 25% | 2 EURUSD 12% | 1 USOIL 12% | 1 EURJPY 12% | 1
ibo2 ibo2 XAGUSD, 60, Long ,
XAGUSD: XAG/USD [Silver] - Going Long...
62 0 2
XAGUSD, 60 Long
XAG/USD [Silver] - Going Long...

Based on previous structure, and unchanged fundamentals, I am going long on silver for the next week. TP = 20.4 SL = 19.4 R/W Ratio = 1.87 Sharing my view :)

ibo2 ibo2 XAUUSD, 60, Long ,
XAUUSD: XAU/USD - Going Long...
85 0 5
XAUUSD, 60 Long
XAU/USD - Going Long...

Based on previous structure, and s/r levels, I have decided to go long on the XAU/USD for the next week. We are seeing a quieter market in August and fundamentals have not changed for gold. So I would be expecting XAU/USD to stay in its current structure, and move back to it's highs in this sideways market. TP = 1353.00 SL = 1328

ibo2 ibo2 USOIL, 60, Short ,
USOIL: Crude Oil (WTI) - Going Short...
88 0 4
USOIL, 60 Short
Crude Oil (WTI) - Going Short...

Based on previous support and resistance levels, I am shorting WTI Crude Oil. Additionally considering that the fundamentals for this commodity have not changed significantly, and we still have over supply. SL = 45.00 TP = 40.00 R/W Ratio = 7.47 Just sharing my view for the next few weeks...

ibo2 ibo2 GBPUSD, 60,
GBPUSD: My GBP/USD Range For Week 24 Of 2016
63 0 3
GBPUSD, 60
My GBP/USD Range For Week 24 Of 2016

From what I am expecting is that the GBP/USD will consolidate in this 1.40-1.435 zone (unless there are some new fundamentals, and with Brexit 2 weeks away I will not be surprised. This is the zone I am looking to trade the GBP/USD in, until it breaks out either way. Anyway, expect lots of volatility next two weeks. This week is also a big one, so anything is ...

ibo2 ibo2 EURJPY, 60, Short ,
EURJPY: EUR/JPY SHORT
9 0 3
EURJPY, 60 Short
EUR/JPY SHORT

TP: 124.65 SL: 125.85

ibo2 ibo2 USDJPY, 60, Short ,
USDJPY: USD/JPY Short
58 0 4
USDJPY, 60 Short
USD/JPY Short

Short until 110.7 !! TP = 110.7 Then afterwards long until 112.3 as then it will hit possible support level. Of course this is only technical analysis, watch the fundamentals this week as April 28 is important for the JPY, so lots of volatility expected. Trade safe.

ibo2 ibo2 GBPUSD, 240, Short ,
GBPUSD: GBP/USD Short Trade to 1.4085, then 1.385
53 0 7
GBPUSD, 240 Short
GBP/USD Short Trade to 1.4085, then 1.385

Looking at some support/resistance levels, waiting for the continuation of the downtrend amid all the Brexit controversy. Split my position into two, one closes at 1.4085 and the other one I will wait to go to 1.385. Eventually looking go down to the 1.385 levels, even as some predict to 1.36. Simple trade, newbie here.

ibo2 ibo2 EURUSD, D, Long ,
EURUSD: EUR/USD Daily, potential for move to the upside
104 0 5
EURUSD, D Long
EUR/USD Daily, potential for move to the upside

Potential move to the upside to previous pullback highs, we are in great area to look for pullbacks.

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