I'm expecting a world equities market crash/correction soon. When the orange trendline breaks, the target is the lime trendline. When the lime trendline breaks, we are most likely headed for the 0.618 level. Hedge the risk by going long volatility - be safe.
I called a long play on this yesterday which i posted n it hit its target while i slept but it was on the hourly timeframe. This is pretty much the same trade just on the 4hr, anticipating the bullish momentum to continue. The extension of the target coincides nicecly of the high it made few months ago. Target is around 125.80 Attached is the hourly Long trade...
Just entered this long along with the EURUSD Short. This is more of a correlation n channel scalping type of trade as i'm already went long, the USDJPY correlates accordingly with bullish momentum. As for price action, the bigger timeframes all show it is going higher but over the last week it hasnt really done much. If price breaks higher above the red box,...
Just entered this EURJPY trade short just now which is pretty much 1hr after the FOMC announcement.. EURJPY has been consolidating for most of this week and it is finally breaking with the FOMC as the cataylst. Expected Price target is around 135.55 which is around a 75 pip target
We saw a run up in all GBP pairs the last week and i believe it is now exhausted.. Im expecting a sell off to happen but still hold a neutral bias in the overall short-term in the near future for this pair Expected Price Target is around 190.20
Again another trade in line with today's momentum. Same analysis n rationale as for all trades for today. Expected Target 191.51
This is very simialr to the EURGBP trade i posted as also the downward momentum stemming from the greece situation since the start of this month has been broken and I'm expecting bullish momentum to arrive. Expected Target is around 135.90
Another mostly technical play, capitalizing the upward momentum that exists for this pair and yen pairs in general. I picked the hourly over the 4hr this time mainly b/c obviously the trade ends alot quicker. Expected Price Target 124.10
There is a current waves of strong bearish momentum of sellers entering the market in all angles. You can clearly see the Downward trend right now in which I am anticipating to continue. I'm not late at posting this time as I just entered right now with an expected target of around 130.40
The downtrend momentum is clearly carrying on from ysterday and all this week. After a successful trade i had on this pair which was played on the 4hr chart (attached in the linked ideas), this is simply the same continuation play and based off the same rationale. Expected Target 94.30
Despite the bullish trend on the bigger time frames, price is finnaly coming down for a pull back. This can be seen with the overall downtrend in intraday hourly charts and Im playing the downward selling momentum behind it Expected Price Target 121.00
-Price is at a major supdem zone for the second time, so that makes is risky. -Major bearish candlestick, so that's another risk. -Price is at 61.8% fib, so that's good.