mleader1

mleader1

trade just got activated (I do have a pending sell at 1825.792 hope that'll be in reach any time soon. DXY cannot easily recover today, and Gold has it's own buyers supporting, since the golden cross formation, there's a support around 1795-1797 which I hope it will remain supportive. it dropped to my warning alert line at 1798 as I'm writing right now (so I'm...

mleader1

Came in this late - not sure it will come back down to my enter price, but this pair is going to follow GBP strength going up too (hopefully after CAD data). dance party will end sooner today if CAD data positive, but may resume next week. It will be a nice W pattern for next week if today goes well. GL

mleader1

GBPCHF went through a tough day yesterday (So did I), it stood well and being contained under the 1.262 level in the past few hours (Asian session), I expect it to break out anytime soon for a sign of recovery . SL set to be below the low since the recovery of yesterday's drop, the start of the mini ascending triangle. TP is fib based, will not hold this trade...

mleader1

daily on the near oversold, other lower TF RSI are heading to lower than 45. Combined with fundamentals as well as the rising wedge, I consider DXY going down in the coming week if not today. GL (NOTE: I don't trade DXY, only check it for other USD pairs )

mleader1

Suffered a red day from a few pairs, panic. and finally waited for this entry. I believe this is a well formed falling wedge with good descending triangle within. The RSI also has reached near oversold level on all levels, with 1H chart showing sign of recovery. The SL is somewhere below the support zone, and TP is conservatively just below the current 50MA...

mleader1

waterfall should have a pause at here to form a double bottom. 129.821-130 was a very strong support/resistance zone in the past, so it should play the same this time. If double bottom does form, I expect it to go way up to 131. There's an ill formed M pattern in the past few days on 4H so if it validates, the it can go way back up to 131.5 GL (My trade got...

mleader1

Not sure whether Pound against CHF can drop to my price, I expect this pair to break out up. Currently daily, 4h, 2h are all well above 50 on RSI. SL can be 1.273 below 20MA on daily, however I'll consider 1.271 which is right beneath 50MA just to be safe - this pair has been following daily 50MA very close & well positioned. - whether it will hit my price...

mleader1

buyer has kicked in considering the potentials of golden cross on the 4H chart, however I'm not sure how long it can last since the recent down trend has formed and left a deep mark on the daily chart. I made a significant loss not long ago on gold so will be interested to see if it will go up that high to 0.5 Fib recovery since recent drop. If it does, I will...

mleader1

I have reached my daily goal this morning (happy day) so will take this as a bonus trade if price catches. AUDUSD should go back up a little bit which it did around 0.236, I expect it to rise further to around fib 0.382 touching 50MA on 4H chart. and I will sell from there if price reaches. SL has a safe zone way up to 0.5. GL. Note: Trade may not be activated...

mleader1

NZDJPY rose up and went back down dramatically which was unexpected. I consider the rate tappering as major, so I'd expect this pair to go back up (preferably hit my price first...) RSI on most TF are simply below 50 so trade with care. There's a strong support zone around 77.11-77.21 and RR is high so worth a try.

mleader1

I will sell from there if it does go back up around 119.66 fib area, it may also form a nice M pattern if it is not going down straight in the next 24hours. RSI oversold on 1H, 2H and a bit on 4H, so I think it rise now to the neckline and then drop further down.

mleader1

The recent trend line was broken but I do believe it still have another attempt of revisiting 111.65 given USD regained significant strength today after the return of US session. RSI on daily is still above 50, above 20,50,100,200 MA, 4H TF shows signs of recovery, so it still is within the uptrend. for TP - 111 and 111.2 is more realistic, but I will trail...

mleader1

GBPNZD has been affected dramatically by the big moves in pound as well as news affected moves on NZD. i would consider the rate tapering an importance for NZD and therefore NZD recovery on the go. GBP has been weak in general recently (and unfortunately) although had some upside moment today. I would consider a safer strategy by shorting this pair at least for...

mleader1

I was long on USDCAD till it had the sudden drop last week. it has just breached the rising triangle briefly and then went back up, finger cross it will start going back up from this point. GL

mleader1

will TP whatever level or SL whichever comes first. RSI is oversold on multiple TF too. GL.

mleader1

an intraday trade fib to fib, GL.

mleader1

If it breaks 1.574 it may fall hard, otherwise I would expect it to reach at least to a ill formed M neckline around 1.579 area. Trailing stop on this one. and tight SL.

mleader1

Got stopped out from previous trade although in very good profit. It is still well above its lower support which his around 1.225-1.226, it is still well within the newly formed trend channel. I will give it another go once it reaches my buy price.