tartantrader

tartantrader

The pair is in a down trend, this is a good opportunity to get short at 9530, SL just above resistance at 95.70, targeting 9380/94 for 1-4 rr.

tartantrader

For the last several months the Aussie has been taken to woodpile while the Loonie has soared. The last 2 weeks the flight of the loonie has come to a standstill, in fact the last 2 weeks have produce 2 handsome and potentially rewarding bearish reversal candles. I have 2 buy stops set one at a pull back of 0.9660 and a break above the latest candle at 0.9705 my...

tartantrader

Nothing fancy here, just a weekly PB followed by the daily bouncing from 7450 support. I entered a long at 0.7527 SL 0.7440 TP 78.

tartantrader

Lately, the GBP has been under fire from all swaps, however, this pair has managed to rally from the rising trendline each time it has tested it. I am long at 148,69 sl 147.90 tp 155. Until we break and close below the trend line I will remain a buyer from the bounce.

tartantrader

Clear and concise rejection at 78.00 sell at market, stop 78.10 TP 76.60 for a 2.5-1 risk to reward, nothing fancy here, just a plain and reliable rejection bar at resistance.

tartantrader

Two weeks ago I presented a short idea in this very pair, however I was wrong in my timing but not in assessment. Flash forward and we are presented with another opportunity to enter a short at current levels. One the weekly (my favorite and most reliable chart..see GBPJPY Long) we have a very clear and obvious bullish rejection bar and a downward sloping ema....

tartantrader

USD/JPY down trend is showing signs of fatigue, the sellers are drying up at 1.0560. Unless sellers can close below the Mendoza Line they will eventually exhaust, when that time comes a excellent rr will present itself with trapped traders exiting en masse creating a dynamic thrust to 1.0731 then 1.0850. Be patient and collect a generous roll in the meantime....

tartantrader Updated 

Upon doing my daily analysis I discovered this potential breakout. We are currently at resistance 0.7770, and we have a Bearish Rejection candle followed by a Inside Candle and lastly the 50 MA is in a uptrend and we are below it. The last alone is a little know but very effective Rubber Band Trade. The way to play this is to enter on a break of the IB 0.7773 and...

tartantrader

This is a pair that I do not trade often, but when I see one of my favorite set-ups I am compelled to take it, if it meets all my criteria. So what have we got here. Anyone who has followed my trades, which so far has been zero, why I am not sure, everyone has been a winner including the AUDJPY short (if you move your stop to even and take 1/2 your position of the...

tartantrader

As you can clearly see on the chart this pair is respecting the trendline. 148.00 is confluence. A sustained break and close above and we may have a push back to 152 minimum and 155 maximum. I am wait for a close above to get long here, with a stop at 146.45. I believe this offers a excellant rr to those who are patient enough to stay in this trade for the long...

tartantrader

I like the short here, AUDJPY is a risk on off play. I am not convinced that 83.31 can be overcomed at this time. Also, I don't think risk has been taken off the table just yet. 83.31 offers some minor resistance with a good entry point to get short here for at least one more push down to 81.50. That and coupled with over 76% of retail trader long lends additional...

tartantrader Updated 

EURAUD is trading in a tight range of 1.5650 to 1.5800, the pair is in a pause before the next leg up and over 1.5800. I am looking for an entry @ 1.5650-65 with a bullish candle. Also the the pair is resting on the 20 day ema, the only indicator I use, coupled with over 77% of retail trader short on this pair lends me to look for longs. I think you can get a nice...

tartantrader

The short was taken from the 5 minute chart at 0840, I waited for the close of the 0830 news candle which produced a big rejection 5 minute candle at 1.2690 mark. On closing this has produced a valid bullish rejection candle on the daily as well. My stop loss is based upon a 75% retrace of the low of the day, my take profit is based upon the next level of support...