As i'm bullsih on the euro pairs, it means im bearish on the opposite pairs like the USDCAD. Same rationale as the EUR trades just in reversed. In this case the upward momentum from the start of this month is broken n now i'm expecting a sell off. Target around 1.2880
Gold made its high in 2012 and since then has came off considerably.. For the past yr after the initial selloff, price has been consolidating for the past yr with a clear descending trendline which re-confirms the initial selloff that a potential continuation is coming. With that in mind, I'm anticipating a further sell off in gold with a expected target of...
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...
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
Technical based play where I'm expecting Price to float around some given ranges with a bias towards the downside. After the upward trend has been broken (green trendline), Im expecting it go south from there. Expected Target 1.4725
This is in line with all my trades posted so far for today. Upward Trendline has been broken which is highlighted by yellow box and now it is breaking down south. Along with Yellen currently speaking in regards to rates, I'm anticipating a target of around 95.50 - which gives me a profit of over 80 pips
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...
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
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
Commodities are selling off right due to whole Greece Situation and the sell off China. This trade is based on the similar concept as the Natural Gas play with expected downside momentum to continue. Only difference is that i'm looking at this from a 4hr intraday chart. Expected target is around 615.00 along with the corresponding CS levels with it
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...
Ever since the start of the year we have seen a bounce back higher for oil ever since the massive drop late last year. That consolidation and the pullback higher can be seen green line being cracked finally in the last couple of days. Because of this and along with all the things going on with the EURO right now, I am anticipating a further push down to a...
Despite the ongoing turmoil going on in Greece as we speak. I am expecting this sell off to continue going ahead in to this week. I'm abit late in to posting this despite already having a position in but there is still further downside pressure to be realized. Am aware alot of people are still biased on this pair to the long side but clearly that upwards trend...
Sell limit placed, stops above the highs. Not going into detail on why im selling.