wozencroftkyle

wozencroftkyle

Quick buy following the trend intraday. This is assisted by the 1min chart and consolidation zones. Opinions?

wozencroftkyle

Bullish Idea: Fundemental analysis shows that the USD is strong and JPY is weak accross the Daily Timeframe which gives us a reason to believe it has Bullish potential given the right circumstances on the Technical front; which it does. The price broke through last weeks consistent 140.800 Resistance area on its third attempt and now i a looking for a...

wozencroftkyle Updated 

As stated on my previous trade idea the USD has better control of inflation and is maintaining relative strength over other top currency pairs. With this in mind the USD will be more popular than the Gold as Gold generally goes the opposite direction to USD due to the intrinsic value it can hold the Dollar currency. This trade is merely speculative...

wozencroftkyle Updated 

Bearish view here. Due to the Political failures and cost of living crisis, i only see one direction for the GBP going into the Inflation Reports on the 19th October . I expect Inflation to rise and continue to place pressure on the Pound further as seen in the past few months. I can't see the price entering any lower than 1.06700 as the buying opportunity...

wozencroftkyle Updated 

Bearish Chart pattern forming on 4h / 1h timeframe indicating a potential uptrend reversal which could retrace to the 0.382 Fibonacci Level and beyond. This trade idea offers an excellent 5+ Risk to Reward Ratio for the remainder of the week and due to the UK's troubles of tax, political unreasonableness and general economic horror i expect this ...

wozencroftkyle

Short term buying opportunity following the volatile movements of USD / JPY recently. I'm personally expecting retail traders to back some bullish retracement back to the 0.5 Fib Level in order to break even and perhaps further. RR of 2.2. Remember to never expose more than 1-3% of your account in any trade as the market can be unpredictable at the...

wozencroftkyle

Leading up to the Fed news on the 21st ; aswell as the breaking through of a major support area at 1680 - 1660 we can most likely see Gold riding a Bearish drop to the stronger supports around 1600 . As always, never risk more than 1-3% of your account per trade and to maintain a RR Ratio above 2+ because not every trade will go your way. Hope this...

wozencroftkyle

Very Bearish outlook currently for GBP USD - Note to never risk more than 1-3% of your account on any given trade. 4+ Risk to Reward Ratio and a solid all round trade. I personally risk 1% here for the 4% return. Opinions on this anyone? :)

wozencroftkyle

Double Top pattern forming on 1H chart could allow Sellers to push through breakout level. If Breakout occurs; looking to reach 0.98800 which has Previously held Buying strength. Opinions?

wozencroftkyle Updated 

Ride Support line back up to previous selling strength from the last few days, hoping to ride the large CPI candle up as much as possible.