I told you I don't like to trade market open. NZD/CHF retraced to the 618, and also the 1.618 extension, on either a C wave or wave 3. Based on the price action I would expect it to at least make a further correction. Made a small diagonal. I would look to trade it up to high as the equal length extension meets and 38% retracement right above it. It's possible you...
15M chart price has been stretched away from the 50 sma for awhile. Macd over extended ready to cross below Red signal line
During the US Session between 11 am to 12:30 pm EST is the London Close time range to trade. London Session ends and pairs will have a small reversal as they close out many of their trades. The EURUSD is the best pair to trade this strategy. 10 pip scalp trade.
GBPUS will go long to retest higher high before it goes short
Possible London Breakout on EUR/JPY. As far as we are 10 pips in Profit, BE+1 and let it run.
Possible London Breakout on GBP/JPY. As far as we are 10 pips in Profit, BE+1 and let it run.
Hi Guys, here we have a possible London-Breakout. At the top we have a Major H4 Murrey Line, same at the bottom. Due to the fact, that the gbpusd made new higher highs yesterday, there is a good chance, that we might break this resistance with the help of the tight asia session.
Updated London-Session Breakout on GBP/USD considering the murrey lines. Lets all hope for some green pips :)
Possible LondonSession Breakout (Short) @ GBP/USD
I hop the trend reverse at European Session and buy