Just entered a new Short position on the EURNZD pair for 2 profit targets. Target #1 = 30 pips this has a 95% hit rate Target #2 = 50 pips this has a 73% hit rate Good luck traders
Here is our 1st EUR/AUD position with our new updated algo. Only 1 target was generated for a possible 40 pips. Lets see how this works out. Good Luck Traders.
Taking a short on the candle opening after the previous closed position.
This is a quick short position with only 2 price targets - the 1st target has already been hit and the 2nd should hit during the open or asian session. Based on our algo and time - this is a very weak position with only 41 pips of potential profit. Entry Level - 1.6127 1st Target - 1.6000 2nd Target - 1.6088
The ABCD pattern on #EURUSD 4 hour chart is now completed and we expect the pair to correct to 50% Fib level. 1.1100 area in #EURUSD has been a very strong support and resistant level in the past couple of months and there is good chance to bounce to this level again in a medium term. In terms of risk and reward ratio this trade will give you a better than one to...
For just a few dollars GBPUSD went down - Time for some retrace action It's about to be July4th, retrace on all majors until then with a forecasted serious drop off next week right around NFP payrolls. Enjoy and speculate with conviction! www.STBinary.com adam@stbinary.com