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NZDJPY LONG / BUY -> Fib example for those learning
TP and SL shown on the Y axis - students message me if you have any questions.
Bouncing off support, looking to rise over the next few days / week.
Nice BUY in re approaching now that the price has consolidated back down to support.
Re buy in or keep previous BUY open and tighten SL.
Short AUDUSD on the hourly.
Bollinger Bands signalling reversal, STOCH is crossing over bought and generally price action is pointing that the attempted previous BUY will now swing into a SELL.
Fundamentals over and done with, caught a quick sell scalp at 3:00pm.
Buy the pair now for consolidation, and after affect of negative news.
SHORT NOW - SL and TP shown.
Students - follow technique, only enter within a certain time frame and also remember to adjust as you go along.
Long or Short depending on where the price ends up going.
If it breaks above the channel, BUY in for a BIG SWING.
If it breaks below the channel, SELL scalp for re-test
Depending on news, it could be a huge buy in up to resistance.
Looking at the forecasts, its likely the news will be bad for US and confirm the reversal that is pending on the 4hr.
Enter trade at 13:00, with TIGHT SL to prevent damages to your equity.
BEST CASE: We want bad news, to confirm the BUY in on this pair. Good news, will just exhaust the current ...
After the news this morning and the lovely sell that we caught earlier in the week / last week.
BUY INCOMMING - STOCH OVER SOLD MASSIVELY+ SUPPORT.
LONG position available, STOCH, ADR both show bullish trend / signals.
Further, flagpole break out complete - Bullish trend also confirmed.
Depending on market GAP, BUY up to resistance.
Low on the ADR, STOCH and BBands.
Long up to the resistance channel shown.
Long up to around resistance (112) - close beforehand as it will big swing into a SELL.
Nice SHORT occuring, main trend will be a buy at 1.345
EURCHF SHORT INCOMING.
Bouncing off major resistance and STOCH is showing over bought, and is crossing over to confirm a SELL.
Nice LONG approaching for AUDNZD after a downwards trend over the recent weeks.
Stoch needs to recover, and retest the resistance / support channel shown.
After the nice sell came in, we should we a SELL back down to the lower BB as shown in the lower highs.