petertrader1

PRO
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Last visit Joined 2 years ago Pete_Songz
Markets Allocation
79 % forex 7 % indices 14 % other
Top Mentioned Symbols
USDMXN 10% | 3 AUDCHF 10% | 3 NZDUSD 10% | 3 UKOIL 7% | 2
petertrader1 petertrader1 PRO GBPAUD, 60, Long , 6 months ago
GBPAUD: GBPAUD Supply and demand
69 0 3
GBPAUD, 60 Long
GBPAUD Supply and demand
Price has broke through resistance possible retracement to support line then further highs to upper resistance level
petertrader1 petertrader1 PRO AUDJPY, 60, Long , 6 months ago
AUDJPY: Head and Shoulders pattern
59 0 2
AUDJPY, 60 Long
Head and Shoulders pattern
A clear head and shoulder pattern has formed on the 1hr time frame a break of the neck line will see us go long...use resistance levels as potential take profit zones.
petertrader1 petertrader1 PRO AUDNZD, D, Short , a year ago
AUDNZD: Same set up again
45 0 1
AUDNZD, D Short
Same set up again
If only we spotted this sooner ayy...as you can see price has rejected the 61.8 fib line ( that would have been our initial entry point with stops just above) our first take profit would have been at the 200 and 50 ma lines. A break of that would have seen us take profit at support level 1.0500 A break of this ...
petertrader1 petertrader1 PRO AUDGBP, D, Long , a year ago
AUDGBP: UP UP and away
30 0 0
AUDGBP, D Long
UP UP and away
So i spotted this late im not trading it but feel more than welcome to. ABC retrace target is @ -0.27 fib line price has bounced off the 61.8 fib line as well as 50 ma Its broken through our resistance line and the 200 ma Target is @ 0.5000
petertrader1 petertrader1 PRO UKOIL, D, Short , a year ago
UKOIL: Short
142 0 0
UKOIL, D Short
Short
SO currently oil is in a clear down trend bounced 3 times off of support line, rejected the 0.38 fib line , break of support. Lower lows to be achieved. 1st TP @ 37.10 2nd TP @ 32.50
petertrader1 petertrader1 PRO NZDUSD, D, Long , a year ago
NZDUSD: Up trend
57 2 0
NZDUSD, D Long
Up trend
My over bias has changed on this pair....we do not control the market we can only hope to reflect what may potentially happen. So A,B,C retracement , bounce off the 61.8 fib line, 2nd bounce off support line, break of triangle. First TP @ 0.6000 Second TP @ 0.70500
petertrader1 petertrader1 PRO NZDUSD, D, Short , a year ago
NZDUSD: SHORT BIAS
36 0 0
NZDUSD, D Short
SHORT BIAS
ABCD FORMATION A,B,C HAVE BEEN ACHIEVED D TARGET AT -0.27 FIB EXTENSION LEVEL
petertrader1 petertrader1 PRO SPX500, D, Long , a year ago
SPX500: BREAK OUT AND RE-TEST
55 1 0
SPX500, D Long
BREAK OUT AND RE-TEST
BREAK OUT OF TRIANGLE SET UP A RE TEST OF SUPPORT TARGET @ RESISTANCE LEVEL 2040
petertrader1 petertrader1 PRO EURAUD, D, Short , a year ago
EURAUD: WHEN IT RAINS IT POURS
90 0 1
EURAUD, D Short
WHEN IT RAINS IT POURS
OKK SO IM GOING TO BE HONEST WITH THIS TRADE, IVE BEEN AWAITING A BREAK OUT FOR SEVERAL WEEKS NOW AND YESTERDAY I THOUGHT IT HAD. HOWEVER I WAS SO EXCITED I FORSOOK ALL MY RULES OF ENGAGEMENT AND ENTERED PREMATURELY. I AM NOT WAITING A 'CLEAR' BREAK AND 'CLOSE' OF SUPPORT FOR ME TO EVEN CONSIDER TAKING THINS ...
petertrader1 petertrader1 PRO USDMXN, 240, Short , a year ago
USDMXN: ANOTHER SHORT
35 0 1
USDMXN, 240 Short
ANOTHER SHORT
BREAK OF 200MA AND DYNAMIC SUPPORT COULD SEE US GO DOWN AND TEST 16.3900 AGAIN NO RUSH.....JUST GAINS!!
petertrader1 petertrader1 PRO AUDCHF, D, Short , a year ago
AUDCHF: Continuation
23 0 1
AUDCHF, D Short
Continuation
Same applies with this pair as with NZD/USD a break of support and an close in second zone will see us take profits @ 0.64000. A Head and shoulders pattern has also formed giving us more reason to believe it will short again
petertrader1 petertrader1 PRO NZDUSD, D, Short , a year ago
NZDUSD: Patience
82 3 2
NZDUSD, D Short
Patience
A break and close into next highlighted zone will see us take profits at the 0.6200 are. Lets wait this out and see?
petertrader1 petertrader1 PRO EURUSD, 240, Short , a year ago
EURUSD: SHORT EU MAYBE??????
72 0 1
EURUSD, 240 Short
SHORT EU MAYBE??????
SO BASED ON SIMPLE SUPPORT RESISTANCE MY "OVERALL" BIAS ON EUR/USD.....LETS WAIT THIS ONE OUT AND SEE IN A FEW MONTHS IF THIS COMES TO PASS.....
petertrader1 petertrader1 PRO AUDHKD, 240, Short , a year ago
AUDHKD: IN CORRELATION WITH AUD/USD
24 0 1
AUDHKD, 240 Short
IN CORRELATION WITH AUD/USD
IN CONJUNCTION WITH AUD/USD TARGET 1 ABOUT TO BE ACHIEVED PREPARING TO COMPOUND ONTO TARGET 2
petertrader1 petertrader1 PRO AUDUSD, 240, Short , a year ago
AUDUSD: TARGET 1 SMASHED!!
32 0 0
AUDUSD, 240 Short
TARGET 1 SMASHED!!
COMPOUND AND ONTO TARGET 2 (HIGHLIGHTED AREA)
petertrader1 petertrader1 PRO AUDCHF, D, Short , a year ago
AUDCHF: LETS GO BEARS!!!
35 0 1
AUDCHF, D Short
LETS GO BEARS!!!
BREAK OF SUPPORT TARGETS ARE HIGHLIGHTED IN YELLOW
petertrader1 petertrader1 PRO UKOIL, 240, Long , a year ago
UKOIL: SYMMETRICAL TRIANGLE
47 4 1
UKOIL, 240 Long
SYMMETRICAL TRIANGLE
BREAK OUT OF TRIANGLE AND RETEST TAKE PROFITS @ FIB EXTENSION LEVELS
petertrader1 petertrader1 PRO AUDHKD, 240, Short , a year ago
AUDHKD: NICE EASY GOING SET UP
34 0 1
AUDHKD, 240 Short
NICE EASY GOING SET UP
REJECTED OUR TREND LINE AND 200MA TARGETS ARE AS FOLLOWS 5.5000 (KEY LEVEL) THEN 4.4800 (-0.27 FIB EXTENSION) 5.4100 (-0.61 FIB EXTENSION)
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