stk2fx

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Price Action - Every price point counts. There are no shadows no wicks, no tails only price points
Markets Allocation
64 % forex 18 % commodities 18 % stocks
Top Mentioned Symbols
EURUSD 18% | 2 NIFTY 9% | 1 GBPAUD 9% | 1 FCX 9% | 1
stk2fx stk2fx GC1!, W, Long ,
GC1!: Is Gold on its way to 1338-1340 ?
58 2 2
GC1!, W Long
Is Gold on its way to 1338-1340 ?

As you can see on weekly chart of gold futures GC1! It has bounced off 50% Fib level. Is it going up to 1338-1340 price point before it pauses again? Note, I used some nice tools on the chart that tradingview provides. I have added fictitious trade to show nice risk to reward if entered at current levels. This is not a recommendation or advice to trade. It is ...

stk2fx stk2fx EURUSD, W, Long ,
EURUSD: EURUSD Next Target 1.1500
51 0 1
EURUSD, W Long
EURUSD Next Target 1.1500

Next target for EURUSD is 1.1500 before any retracement.

stk2fx stk2fx NIFTY, D, Long ,
NIFTY: NIFTY GOING UP TO 7700 !
84 2 3
NIFTY, D Long
NIFTY GOING UP TO 7700 !

At someone's request, my Fibonacci Analysis tells me that NIFTY is heading to 7700

stk2fx stk2fx EURUSD, D, Long ,
EURUSD: Is EURUSD poised to make 100 pips move upwards?
61 1 3
EURUSD, D Long
Is EURUSD poised to make 100 pips move upwards?

Will EURUSD will make 100 pip move upwards next couple of days? Hard part of currency is to estimate how far against it won't go. Safe estimate is it shouldn't touch 1.09750 price point before it touch 1.12000 target price. Now the risk to reward may not be good enter now. So I would wait for good long entry setup.. This is neither a recommendation nor advice to ...

stk2fx stk2fx USDCAD, D, Short ,
USDCAD: USDCAD GOING DOWN to 1.31800
45 2 2
USDCAD, D Short
USDCAD GOING DOWN to 1.31800

USDCAD still has some more room to go down before it starts march upwards for the month. Could it happen today? Or may be Monday? This is neither a recommendation nor advice for any trade. It is my own trade journal to improve chart reading skills and validate price predictions. Typically my target price is supposed to hit before hitting nearest swing low/high ...

stk2fx stk2fx FCX, D, Long ,
FCX: FCX From here to $11.25
86 1 3
FCX, D Long
FCX From here to $11.25

Looks like FCX price linger point may be around $11.20 - $11.50. This is neither a recommendation nor advice for any trade. It is my own trade journal to improve chart reading skills and validate price predictions. Typically my target price is supposed to hit before hitting nearest swing low/high (depending on if price prediction is long or short)

stk2fx stk2fx CL1!, D, Long ,
CL1!: Crude going to $42 soon.
152 1 2
CL1!, D Long
Crude going to $42 soon.

Next price point where crude may linger is about $42 - $42.50. Would it go up from there fast ? It may also mean XLE going up

stk2fx stk2fx EURJPY, 240, Long ,
EURJPY: EURJPY Going up 30 - 40 Pips
31 1 2
EURJPY, 240 Long
EURJPY Going up 30 - 40 Pips

In next few hours EURJPY will hit 125.150 - 125.160 target and may continue uptrend even another 100 or pips upto 126.400. This is not advice or recommendation for any trade. It's my own trade journal to keep track of accuracy of chart readings.

stk2fx stk2fx EURNZD, 240, Long ,
EURNZD: EURNZD Going up 100 pips
16 1 1
EURNZD, 240 Long
EURNZD Going up 100 pips

Target is 100 - 130 pips from current price ONLY IF it bounces from 1.62000 - 1.63000 support level.

stk2fx stk2fx GBPAUD, 60,
GBPAUD: Price target for GBP/AUD moving up
30 0 2
GBPAUD, 60
Price target for GBP/AUD moving up

Price will go 40 - 50 pips up . It will hit 1.95400 - 1.95500 range before retracing or may continue up further..

stk2fx stk2fx USDJPY, W, Short ,
USDJPY: Down trend continues for USD/JPY few more days
44 3 1
USDJPY, W Short
Down trend continues for USD/JPY few more days

Based on Fibonacci extension target is around 110.200. May be 110.100 before it starts retracement upwards. I would think this should happen within couple of weeks or earlier.

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