Unstable sterling due to Brexit taking effect this week. Prediction: GBPUSD will still come down. Maybe stay away from trading this currency for a few days to allow transition from the EU.
Opened contract on June 14th at 5 am to sell EURAUD. I closed it the next day for a good 85 pips gain. Prediction: still go short on next 48 hrs. Prices well inside 10 EMA.
On the 4 hour chart, the Aroon Down was up at 100% level while the Aroon Up was down at 0% level and Aroons showing the same on hourly chart predicting a steady downward trend. Even though the contract was opened for only 4 hours but resulted to a 63.4 pips gain. Prediction: consolidating right now, GBPJPY might go up for a short while but will still go down...
Bollinger bands are well opened and trigger candle closed outside the lower band. My indicators were showing me to go ahead to sell the Euro dollar on the 4 hour and daily chart for confirmation. Opened contract June 5th 9pm NewYork time and closed it the next day at 9 am for a 92.9 pips gain. With more patience could have closed it the following day at 9am...
Earlier on the chart, a nice bullish candle closed outside the bands but price suddenly went down even though Bollinger bands where well opened showing good volatility . Fortunately, my indicators where showing me not to do the trade. I opened a contract on May 31st with my indicators showing me to go ahead for a bearish move. I closed the contract on June 2nd...
Earlier on the chart, a nice bullish candle closed outside the bands but price suddenly went down even though Bollinger bands where well opened showing good volatility . Fortunately, my indicators where showing me not to do the trade. I opened a contract on May 31st with my indicators showing me to go ahead for a bearish move. I closed the contract on June 2nd...
Bollinger bands into a squeeze position before a breakout to the upside on the 4 hourly chart. Trigger candle well inside the 10EMA. Enter at 1.51088 to close contract at 1.52009. Confirmation with Aroon up at 100 % level while the Aroon down under the 30 % level resulting of a 94 pips gain.
