vtradingw

vtradingw

NZD seems to be the strongest currency at the moment and EUR is the weakest. Look for short oppotunity

vtradingw

Sitting on the fence for this one. The price very hard to predict because of the brexit news. Keep watching the brexit news, anything positive for brexit buy GB, if negative sell GBP. 1.3000 seems to be a good S/R level, you can look to buy or sell when price is around this area.

vtradingw

Still looking to buy euro, as long as 1.7400 S/R hold. Looking to enter trade around 1.7400 area. Need to keep tight stop loss in case the price go the other way around.

vtradingw

AUD is bouncing back at the moment because of good economic data. We're still looking to sell this pair since the long term view of AUD is still bearish. Wait for the price to reach around 0.7330 area and watch for price action signal to enter short trade.

vtradingw Updated 

If you follow my trade idea last week, we're still in an active trade. Basically pretty much the same idea, look to sell when the price pullback to resistance area. Wait for price action confirmation on daily or 4 hourly candlestick. Watch the news carefully related to China - US trade war. If US proceed with the trade tariff then sell AUD, if trade concession...

vtradingw Updated 

GBP bias is currently bullish because of last week brexit breakthrough. So looking to buy GBP when it pulls back to the resistance area. As usual wait for price action to confirm your long position (daily or 4 hourly). Watch the news carefully for any brexit headline news.

vtradingw Updated 

The pair is still trading in a channel. Look for a pullback to support area around 1.5600-1.5430. Wait for daily or 4 hourly price action signal to confirm. If there is a big daily candle breaking the support, then we can use this support as resistance and look for selling. Will update the trade idea on the next few days if I entered the trade.

vtradingw Updated 

Trading in a channel, the bias is neutral for this pair. But of course JPY is always susceptible to any risk on/off trade. You can look to buy on a dip around the daily resistance area around 110.80 - 110.550. Wait for price action confirmation signal on daily or 4 hourly candlestick. As usual monitor news carefully on the Emerging Market situation, if it is...

vtradingw Updated 

The pull back to 0.7330 area didn't materialised last week. But we can see that the weakness of AUD still remain. Will be looking to short when the price pullback to 0.7174 - 0.7200, as usual wait for the price action signal before selling (4h or 1 day candle).

vtradingw

Short term GBP is quite strong, with lots of positive news from the Brexit deal. Looking to buy GBP today, wait for a pullback to around 1.2993 and price action confirmation signal (4 hour timeframe). Warning: listen to the news carefully for any mention of brexit deal news, GBP at the moment is highly affected by brexit news. If the sentiment change then we can...

vtradingw Updated 

Fundamentally we still want to go long USD and short EUR for long term, but at the moment it's trading on a channel. You can look for an opportunity to go long EUR from the current price and try to take profit at around next S/R at 1.730. Wait for price action buy signal on 4h time. If there is no confirmation on price action play it safe and do not trade.

vtradingw Updated 

Fundamentally AUD is still weak so expect for a further downside. But I expect for AUD to bounce a bit before the next leg down, this will provide us a good opportunity to sell to follow the trend. Looking to sell when it hit around 0.73200 - 0.73400 area when there is a good daily price action sell signal confirmation.