testing new strategies this week, as we move back into things!
This is entirely new to me so well see how it works. last session we moved over 100 pips in this session alone so here's what were looking for.
- retest of 1.31500 will trigger Shorts.
- 32.8% retracement right at 1.30250 will take this position long.
simple right? lets keep an open mind on news...
given the statistics at play here key zones we will be looking for bearish reversals are
aswell as the weekly high of 064885
key factors to pay attention to will be the news for this week.
if we see lower than expected for NZD we should prepare for a sell and look for healthy retracements around the 50% - 62.8 Monthly FiBB levels.
lots of slow...
alright guys were gonna go ahead and look for a potential buy.
As were seeing a down-trending marking on lower time frames , we are overall in an up-trending market.
with that being said were looking to go long, as news for USD seems to be regaining some control .
As there are a few key support zones that we mapped out , looking to get into the market based...
as of last week EU made a run ob approx. 100 pips off of a solid support zone .
- retraced off of a previously held Fibb level.
- the plan for this week will be short I never jump into the market and always wait for it to come to me!
- given this understanding if we see EU retrace this previous zone and shows signs of reversal we may have a potentially long...
weekly outlook on a potential long term short opportunity.
Nearing the end of the year as reports come in for the US, if better than forecast.
We can potential see the USD regain some control this coming season on NZD.
Key zones listed. trading with proper risk management is ALWAYS recommended.
let me know what you guys think!
Btcusd is most likely going to enter a deep retracement zone as on a smaller timeframe I noticed a few gaps around 6400 and 3800 that have not been filled yet. I crossed referenced this gap with direct timing to a specific special interest group extreme btc purchase. (will leave unnamed) as I study the human physiology play at hand here, I've concluded that this...
Looking for a Swing on GBPCAD. looking to catch the movement to the downside or the trend continuation from 1.69 MONTHLY SUPPORT zone as execution approaches. News during Brexit and the new election process happening this week could dramatically effect all Sterling Pairs. Theresa May will have to step down from office as the new Electoral Party seem to despise . ...
Given previous market news , and being that Theresa May brought overall price of Sterling Down with her speech Friday. We can come the conclusion that the current monthly support level will in-fact be respected , and has been. Overall uptrend however we noticed about 150 Pip correction within the last 3 days . 152.8 , 151.4, 150.5 , 150, 3.
This par seems to be sloppy tot he eyes , its only respecting 2 major levels for the past few months. We could do some intra day from the execution zone. been favoring EUR pairs recently movements seemingly more broad as we move closer to Christmas. Where will this pair stop that's the real question, the downside only has one true support and Resistance recently,...
My company is noticing a lot of amazing set ups this weekend , here is one I'm currently in on already. Think I personally found one of my favorite pairs. With that being said , using fibs we should see prices hit absolutely perfect . beyond confident in this pair .
let those who are brand new to trading in on a little secret , if you set up your charts like...
The Sterling expected to gain value as we notice its increase in value after Brexit. Expecting this pair to rally to the 12.369 Support level which if next weeks news happens to go in our favor we could be into some good selling / buying territories. Key levels for this week include 9.84 , 11.07, and 12.369.
Noticing strong potential this weekend while Markets are closed. Aussie dollar lost value last week on all pairs while USD found strength . Markets seem to be following the trend for now which I can expect to see throughout the week. levels to look for on entries would be 1.2319 daily resistance , 1.2825, and 1.4662 to take trend back down to trend .
overall up trending market on USD/JPY . Price broke 110.5 support which now acts as Resistance on hourly and 4 hour charts. However we did not see a daily close of this level yet. Traders could look for buying opportunities once daily candle closes Monday. News for yen pairs correlates with this analysis. over 5 trillion yen has been released into the market...