This week we will see the Mussels from Brussels make an announcement on the EURO The consensus around here is that they are going to TALK down the EURO This will be done to assist my the German Led Export economy which is carrying the can for the Euro A tactic countries regularly do to keep the cash coming In when things are NOT great This is a nice 150 pip...
We will short this down and use fib levels to peel profits Brexit is a mess
The AUDJPY has broken our 3 month trendline since January this year The issue we have here is the AUD is weak and the JPY is weak too So its like a battle of the weak and weaker here we will now us our trendline to make support be now resistance
Well every hates a I Told you so ESPECIALLY US BUT!!!!!!!!!!
Its all there guys BLIND Freddie was in that short are you Freddie ???????????
Sorry about the godfather tag But seriously why do most traders loose they dont stand back and have a look at the big picture Next time you go to a National gallery and look at a beautiful painting WHY WHY if you stand 30 feet away will you see more that 10 feet away Adopt that principle in Forex and you will may more ans survive longer Fact That is...
Analysis on chart thank you for the follow may The April British showers Rain upon you all
As long as we see the daily 200 ma holding we have we anticipate a retest of the 1300 level
Its NFP week Its NFP week We are going to short the cable We are actually buying into a dip before a bullish resumption Trades go up and down like a lung they breath , even in a bullish runs we have periods of bearishness
We are staying Long on our USD CAD position Last weeks poor finish for the CAD has put Volumes In a extremely bullish volume position for the USD CAD Staying long for first half of week and re evaluate stance Midweek when CAD news is due
Doesn't that look Pretty ! What we have here is the perfect formation of Renko EMAS on the EUR CAD Breakout Crossing the 200 has confirmed that there MAY be a bit more steam in this BULL
Our Renko volumes and Indicators are telling us to stay short Renko EMAS good Volumes Resistance cleared Staying short have a great trading week
The EUR USD is currently trading with our strong levels and we still anticipate this pair to drop to 108
The USD JPY closed the week @ major resistance 111.80 We anticipate a restest of the 113.80 area this week +200 pips
We are looking to enter the GBP JPY long We will trail our alerts up and when it is withing our SL range we will enter long We will want to get inn as cheap as possible Need to be patient
Please find analysis on chart have a great trading week
We forecast a break of the channel last week The channel Broke Then we had the usual retest Which Normally takes Most traders out. We advise all to hold for the upside Our trade signals is now +220 pips with a 30 pips stop We Now advise to book partial profits and stay long for another +200- 300 pips Have a great trading week
Our EUR NZD has been in a strong weekly bearish channel since 31st DEc 2018 we are shorting the EUR NZD this week and the next weeks