Just entered this trade alongside the GBPCHF trade i just posted up.
Similar anaylsis n rationale as their both GBP pairs and it is correlated.
GBPUSD has been channeling the past few weeks and i believe that is finnally broken to the downside
Expected target is around 1.5370 giving over 150 pip target on the 4 hr chart
Just entered this trade on the short side.
We saw a nice rally in this throughout this week which i was able to catch successfully.
I believe that upside bullish momentum is over and anticipating a correction nearing the inital breakout area
Expected Target is around 1.5190
I called a long play on this yesterday which i posted n it hit its target while i slept but it was on the hourly timeframe.
This is pretty much the same trade just on the 4hr, anticipating the bullish momentum to continue.
The extension of the target coincides nicecly of the high it made few months ago.
Target is around 125.80
Attached is the hourly Long trade...
Just entered this long along with the EURUSD Short.
This is more of a correlation n channel scalping type of trade as i'm already went long, the USDJPY correlates accordingly with bullish momentum.
As for price action, the bigger timeframes all show it is going higher but over the last week it hasnt really done much.
If price breaks higher above the red box,...
I just entered short on the pair after last friday's massive rally which i was able to correctly anticipate n profit off from
That bullish momentum is clearly over and i was waiting all day on this pair for the correct entry to go short as im expecting bearish momentum to arrive.
Expected target is around 1.0860 giving around a 70 pip target
On the bigger timeframe/picture I'm currently neutral on this pair as it hasnt really done much over the past few weeks.
This is clearly shown in detail on the intraday charts.
This is a pure technical play, where i'm trying to play monentum within the ranges.
Expected target is around 1.5695
Just entered this trade on the hourly chart.
This is inline with the other EUR Short trade i just posted earlier which is also attached in the related ideas.
Rationale n analysis is also the same as I'm expecting bearish momentum to arrive.
Expected Target is around 0.6970
Just entered this trade on the short side.
Last friday we saw a massive rally across most EUR pairs and for many EUR pairs that upward momentum has ceased.
This is highlighted by the yellow box where the trendline angle has been broken.
Been waiting all day for this entry and it finaly was triggered.
Expected target is around 1.4290 giving it a over 90 pip ...
Entered this trade few hrs ago as i wasnt on the computer at the time entries were triggered.
CHF pairs a very weak today across the board and the GBPCHF is no exception.
Im playing out this bullish momentum with an expected target of around 1.5240
Same analysis n rationale as the USOIL trade i just posted. It's attached in the related ideas
I was already in this trade way earlier as my entries were already triggered but as you can see price is half way there to the target of around 48.60
You got further levels below that should price just plummet at around 46.30 and below that the low made earlier during the year
I correctly anticipate this sell off last month and that post is attached in the related ideas section.
This play is simply a continuation of the initial sell off which is pretty straight forward.
The expected target is 43.10 which is just below the low made early during the year
Same rationale and analysis as the AUDUSD trade i posted up which is attached in the related ideas section.
AUD is showing weakness across all pairs on the bigger timeframes and I'm playing that out on the hourly chart.
Expected target is around 2.1520 testing the high it made last week.
Just entered this trade as I still believe this is bearish momentum for this pair and the AUD pairs in general all across the bigger timeframes.
For that reason, i've decided to play that out on the hourly w a expected target of around .7255
Entered this trade just few hrs ago and the Target was hit just couple of mins ago!
Over 90 pips profit on this pair alone along with all the EUR based pairs i traded but didnt have time to post them up here b/c i was away from the screen and there wasnt any point posting them up b/c price was reaching their targets already.
Attached to this is original post...
Just entered long on this pair more because of the Aussie weaknes then sterling strength even though sterling is showing strength across the board.
The uptrend and the bullish momentum is very clear both in terms of the intraday levels and on the bigger timeframes.
Expecting that to continue, I'm playing it out on the hourly
Expected Target is around 2.1715
I went short on this pair along with other EUR based pairs earlier this week and its all been successful.
Now again, the EURUSD along with the other EUR pairs have broken the downtrend line highlighted by the yellow box and it is expected to go higher
Expected Target is around 1.1050
I couldnt post the other EUR longs that I'm in now b/c my entries were...
We saw the Cable testing the highs this week and has come down since then.
The trendline was broken yesterday and Im expecting futher bearish momentum to continue from here.
Expected target is 1.5500 giving around a 65 pip target
Just entered this trade on the EURCAD.
We broke the upward trend this week and we are now seeing a sell off for this pair along with all the other EUR based pairs.
For that reason this is technical based play where I'm expecting further downside momentum to continue.
Expected Target is around 1.4110