marc1610

PRO
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About me Passionately pursuing the study of technical trading
Joined Sydney, Australia
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Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
EURUSD 50% | 1 AUS 50% | 1
marc1610 marc1610 PRO AUS200, 240, Short ,
AUS200: Good Potential Short on AUS200!! with good Risk Reward
82 0 1
AUS200, 240 Short
Good Potential Short on AUS200!! with good Risk Reward

The AUS200 has broken above a previous resistance area and looks to be slowing down and should pull back to re-test that resistance area, thus giving a nice little short opportunity. Also the S&P500 appears to have bounced off a channel which also adds to the likelihood of the AUS200 retracing for a little while.

marc1610 marc1610 PRO EURUSD, D, Long ,
EURUSD: EURO BOUNCES OFF STRONG SUPPORT AREA
84 1 1
EURUSD, D Long
EURO BOUNCES OFF STRONG SUPPORT AREA

The Euro has bounced off a strong support structure and gave an engulfing buy signal. Next resistance area being approx 1.37886 giving 1:1 RR (144 pips).

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