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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.
Obvious positive trend here, with a clear reversal on support.
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.
BUY in now to continue to upwards trend.
Buy in shown on graph, tighten SL as you go along, enjoy.
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
Sell for now. Could possibly continue to sell at 3pm.
Short this pair, phase 3 after delayed reversals. No fundamental influence today.