mcpeacocks

mcpeacocks Updated 

see the chart for technicals 0.5fib level on long term weekly chart was tested/formed resistance downtrend line has been broken and retested invers head and shoulders forming in addition 'fundamentals' - the orange nitwit is (trying to) push through his tax reforms which may/should be dollar bullish all possibly good reasons to be bullish the USD again on...

mcpeacocks Updated 

this pair has broken a trendline on higher time frame and is now slowly retracing/consolidating and forming a rising wedge. i am looking to short this pair at the top of the wedge - stops go above the Moving average cluster, and targets are the previous structure low (look left) and then the completion of the ABCD move. what do you see?

mcpeacocks Updated 

after my last GBPJPY trade (stopped out) im now looking at a new opportunity to long this pair. this pair broke out to topside, thru previous resistance - now support - and am looking for a pull back to/around that same resistance/support level to go long. entry, stop and target levels are based on a mix of structure/support/Fibs/measured moves and...

mcpeacocks Updated 

see the Ma rejections in the past, this is a good entry for a long here with defined risk

mcpeacocks Updated 

top of trendline, overbought, previous structure highs (look left) form further resistance time for a retrace small position, decent R:R good luck

mcpeacocks Updated 

at market short, the 4th test of this area. small position as it may break to the upside, which would be reason for a long trade upon breakout /retest

mcpeacocks Updated 

bearish cypher as per the chart RSI and STOCH show overbought conditions as well placing the stops a little higher than usual, considering the psychological 111 barrier

mcpeacocks Updated 

NZD has been bullish for a while and started a correction last week. this week, and on the 4hr timefame in particular we can see resistance of the 200ma - looking back in time there was one good test, but not a close below of the ma. this 200ma was just breached. provided this 4hr candle closes below the 200ma, this should be a good short - target the ab-cd...

mcpeacocks Updated 

i have closed my long gbpjpy , possibly a bit early looking at todays candle and i could have taken some more pips - but happy with the 700+ i bagged :) Now im looking again at the daily chart, and see there is some pretty decent resistance coming up (tested twice before) I will place 3 small short positions at this level with targets as shown. ...

mcpeacocks

see chart for details

mcpeacocks Updated 

this is a bit agressive, but i see potential long here at a daily/weekly trendline, previous support and 100Ma daily and 0.618 retracement area of previous move up cutting my trade in 3 pieces with three targets - see chart, quite self explanatory appreciate your view and let me know what you think?

mcpeacocks Updated 

this one is maybe even more agressive than my just published usdcad long, but this daily chart tells me there is a potential for a pretty good long here because of the various means of support. ill be looking at lower TF for confirmation

mcpeacocks Updated 

look at price action at lower TF's for a short here

mcpeacocks Updated 

a bearish cypher is forming on GU.

mcpeacocks Updated 

although 110 could be tough nut to crack, there is an ab-cd move completion at 108.75 area, as well as a daily MA in the region (currently at 108.48) and the 50% retracement from the last long leg up from 100 level to 118.5 placing buy order with stops under the aforementioned MA

mcpeacocks Updated 

see chart for details

mcpeacocks Updated 

and there are several areas that could be good locations to go long-the-dollar again. first area is around 99.31 at the neckline resistance, followed by 2 confluence areas - the first around 97.84 area, the second around the 96.45 area

mcpeacocks

i have been long on UJ for a while and seeing this potential cypher to add some more