I guess I did not post any ideas for long time. Now, due to my long tested Mikado strategy, this is my idea of this days movement.
Following the Italian Constitutional Referendum , the pair is most likely to break the strong support level and make a new one. Market is also very volatile.The supports and resistances for the intra day trading are illustrated on the chart. The indicators like Stochastics also indicate that the pair is overbought. So the correction would be considered with the...
Rotating lower with falling momentum. Daily charts are also unwinding, suggesting profit-taking and a sell-into-strength strategy. Focus expected to turn to Fib supports within 2160/80~
The AUDUSD will aim to reach the 0.75500 - 0.75600 area early next week Nov 28 - Dec 2, in price readjustment, before continuing the macro bearish swing trend that I published days earlier, where I expect another close target At 0.70000. I hope it helps.
GBPJPY is about to make it's final impulse move to the upside! We have TL Support with 4H Divergence and 61.8 fib. Plus we broke CTR. Trade What you see not what you think!
i am currently short on usdcad after breaching, retesting and closing below the retest with a bearish engulfing. price has since retreated to retest a key level so we will see how this goes. expected strong Canadian data out later today also was part of my thinking for this trade so we will see how this goes.
Uptrend has broke out of coning, but price rose and passed Previous S/L level. Consumer price index was out today which may have helped things. Hopefully it'll continue and test the S/L above. Short opportunity in the future, but for now it seems a buy.
1hr time frame , we have possible short entries developing for a short position , price is currently struggling to keep momentum moving to the upside , as we can see a lot of in-decision within the 18.400 - 18.300 , should we see a strong reversal from the descending trend line , a short position can be taken with low risk. We may move down even as far 18.000 ,...
100% technical analysis inspired by Elliott waves. See 'RELATED IDEAS' for a general view. Trade carefully!
These are today's intraday "scalping" levels for the CFD DE30EUR. Adjust levels for FDAX to allow for broker's spreads. LONG @ 10467.3 SHORT @ 10635.5 Stop: 200 points Target: 600 points
Look for intraday scalps from these levels:- Long from 2116.75 & 2125.50 Short from 2148.75 Stop: 12 ticks; Target: 36 ticks or >
I don't recommend attempting to trade USDCAD as it is currently consolidating the strong move downward. For now downward progress has been halted but we are not seeing any strong confidence in the USD. Overall tone for this pair is bearish with weekly bullish. Perhaps good for intra day scalping but don't expect any reasonably strong moves in either direction.
1) BEARISH BREAK 2)BREAK OF HIGHER LOW 3)MINOR RESISTANCE BROKEN 4)LOW TEST BAR & More.. Expecting a rally up to 1331.89 which is our next resistance LIKE,SHARE AND LEAVE YOUR THOUGHTS IN THE COMMENTS BELOW.
Expecting the S&P 500 to be relatively range-bound during the Euro & Early US Sessions. If price pops UP, Short from 2166.00 with 12 tick Stop and 36 tick Target. If price drops DOWN into lower level, Long from 2139.00 with 12 tick Stop and 36 tick Target. Active intraday traders may consider taking long or short positions into these Levels.