Obviously due to the whole Greece thing, this pair has caused alot of confusion for alot of ppl. I maintained my short bias for this pair because of those 2 yellow boxes. The upper yellow box represents price failing to make or even test the high it set few months prior which is highlighted by the red box. And price finnaly cracking the upward trend-line within...
This pair I believe, is finnally breaking higher after a few weeks of consolidation with pretty big channel. Im basing this play based on the upward momentum that is currently going on with a expected target of around 0.9600
Abit late posting this as i was posting my other euro pairs play but this is another pure technical based play. As of now it is in a clear channel without any kind of clear direction atleast on a intraday basis and I am trying to scalp around it. I originally entered in the yellow box area so i'm a little late posting this with a expected target of around 0.7065
Euro pairs in general are currently selling off as we speak. There are some support areas that could potentially be tested n maybe broken (the green box), but as of now, I'm playing the momentum of this move with a expected target of around 134.25
Another Technical play in conjunction of Janet Yellen currently speaking about interest rates. It was a quick move as I write this b/c of Yellen and this is another pure technical based play. Anticipating upward momentum with a target of around 2.1180
This is purely technical as there still alot of confusion surrounding this pair b/c of everything going on with Greecel. The 4hr Chart is showing downside selling momentum and I am playing that selling pressure on the hourly chart. Expected Price Target is around 1.0890
I was in a long position on this which i was stopped out on friday. I usually ignore the friday closing hrs due to lack of volume but price seemed to fall during the last few hrs and i ended up taking a short play. This is a classic retracement play coming off a period of consolidation (which i originally thought it was going to break higher) but I reversed my...
If you´ve been following me the euro have been very good to us this past weeks with 3 winning trades and 1 loss. For monday i´ve got a Bullish Cypher pattern if price heads south to but it up at strong Support. If price heads north we are gonna sell it at the blue Bat pattern at a lesser, but still good reistance area, but compared to the Cypher this pattern got...
Throughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily. I'm basing this trade based off of that momentum and on a simple trend-contination setup. As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im...
Attached in the related ideas is was the original chart n the rationale behind it. After my target was just hit within the last hour, i managed to grab over 130 pips in profit for this pair alone. As it stands we are breaking down from uptrend over the last couple months to a full correction/ large channel sequence. Using the Green trendline as guidance for the...
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links) Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days. Expected price target for this play is 130.90
I do already have a USDJPY short play currently but that is based on the 1hr chart, this is essentially the same play but enlarged on to the 4hr which offers me more room for profit. The expected target for this 120.50 as opposed to the 1hr chart, the target is about to get hit pretty soon
Pure technical Play that I just entered last hour. Price has breached n tested multiple areas of resistance and finally to come down with the down side sell pressure is now accelerating in which Im basing my play off of. Expected price target is 1.9500
Attached to this is the before image shot + the analysis n the rationale behind it. Price just reached its target now, banking in over 250+ pips in profit! Should price keep falling the CS levels are the ones to watch
This is more of a mid-term/long-term view on platinum and commodities in general. Im very bearish in all commodities and metals until the trendline gets broken. Commodity should be the headline focus in the coming weeks and months in my opinion and Im expecting a price target for Platinum of around 833.00
There is currently alot of selling pressure right now due to Greece situation and the sell off in China. As a result, alot of commodities are selling off right now and Natural Gas is no exception. Even though price has been channeling the last couple of months, I'm using the fundamental climate as a catalyst for it come down to test the lows with a potential...
Another trade that I'm currently in. This trade is based off the risk-aversion fear that is currently exists right now due to everything related to Greece and the Euro which is playing out across most equities indexes in general. As always, as long as the green trendline holds, I'm expecting further selling pressure and the downtrend to continue. My target is at...
Again I'm a little late posting this trade because I was abit busy doing other things but I am already in trade few hours ago. The rationale is very similar to my GBPUSD Short play on the daily but this is broken down on the intraday level. I am aware alot of people were either long or bullish biased but I knew the uptrend momentum has already faded as explained...