Turnona

Turnona

New Zealand have made deals in order to improve their economy and battle out of recession.

Turnona

The major trend results a bullish market for USDCAD. After seeing large buying pressure within the previous days USD CAD leaves room for a continuation of this major uptrend.

Turnona

Rejection on zone. Buyers have shown pressure, however sellers are still strong. USD has shown signs of recovery since a pause in a the current downtrend. Can we see a turn around?

Turnona

This pair has been on a downtrend and has now come and retested a zone major zone that has been hit before. The Dojo bar shows the indecision on the zone and the interest will be in the following bars if the zone is pushed.

Turnona

The prior pullback shows that the bulls are still in control and this is a possible turning point. GBP has performed well this month and we can expect that trend to continue. Rule 1: Always follow the trend. #trading has been affecting my sleep. Lets see how this trade goes.

Turnona

The New Zealand dollar pressure is increasing and we now see a rejection of lower prices. This trade has accumulated immense buying pressure previously, and its likely more buyers are adding each time price lowers. SWAP is in buyers favour.

Turnona

The first thing I want to say is. If this trades breaks out Expect it to Break out heavy. Buyers are rising at the lower price and rejections have shown the seller aren't able to push it lower.

Turnona

EURJPY retest on zone. Euro is falling and this would be a good time to sell now. JPY has been increasingly getting stronger and the favour is likely to push it down.

Turnona

We see multiple rejections for price to move down, leaving a massive opportunity to buy. These long wicks show a rejection for price to move down, meaning that buyers are adding there positions to this current pair. Expect and break buy soon.

Turnona

The downtrend is not yet complete and my expectation is that sellers will increase their interest to push the down the dollar. As we have seen Sellers increase pressure on this zone in the past. JPY had previous strong movements to the downside and we can expect a continuation of sellers to push it down again.

Turnona

GBP has been on a strong run and CHF now is at its point to continue the uptrend to the top zone, and showing rejections on the zone. Pulling back. Perhaps this leaves an opportunity for buyers to get in with the Pound trend and possibly follow it to the top of the support.

Turnona

Trade worked well. Take profit hit and money earnt through patience, tenacity and courage. Roll on

Turnona

It's seems the UK economy is recovering as we see the Great British pound to continually recover.

Turnona

During the weekend I done some research and found out that New Zealand's economy is it an all time low and predicted to worsen. Trade looks healthy.

Turnona

If we look at the larger timeframes we see a uptrend . We also see rejections on a zone where buyers will enter. Forming a dojo on the 2hour showing an impulse of buyers. What do you think?

Turnona

GBPUSD shows a demand in pounds, my entry comes in on a pullback with a wide stop loss. Intended to hit the top. I expect an impulsion of GBP buyers and the trend reversal to continue.

Turnona

UPDATE: Close call as expected with a tight stop loss. Sellers are pushing the prices down and believe EURJPY to continue to GATHER BEARISH strength. Professionally I added on to my trade as the price went higher in anticipation of a strong push down.

Turnona

EURJPY broke through its resistance only to accumulate an influx of sellers that pushed the pushed price back into range. The mark of distribution shows. I now view EURJPY to kiss the new support and continue to fall. We shall see.