Dorito123

Dorito123

EURNZD short hyper trade . The reason for the hyper trade was because there was major weekly and daily horizontal support at the 1.6230 level The 4hr chart had been forming multiple higher highs while creating MACD divergence. Hourly price action had formed an ascending triangle, MACD also had major divergence. Missed a potential scale in at 1.610 Stop :...

Dorito123

Im long term bullish on this pair but after it became over extended i was looking for a short. Due to my bull bias I wasnt going to open a short position until I saw enough bearish confluence USDCAD was on my watch list after the large bearish engulfing candle and broke the 4hr 50 ema Decided to take the short after the 4hr 50 ema retest. opened the position...

Dorito123

XAUUSD 0.17% short was traded after I saw the pair reaching major resistance on the daily chart , forming a triple top. \ Hourly chart was sending bearish signals as they formed MACD divergence over the past 3 highs. Entry was taken manually on the 5 min chart after the break and retest of the 5min 50/200 EMA indicators Result = 12.8%

Dorito123

AUDNZD has shown excellent price action on the 4hr chart as it formed a high test doji at the 1.07700 resistance level, while also re-testing the 50/60 ema and the 0.382 Fibonacci retracement level. 1hr chart Stochastic RSI shows major divergence. As well as the RSI is in oversold territory on the 4hr. Negative confluence factors: Shorting while having to...

Dorito123

A strong case for a DXY short is starting to form, We have a 3 month head and shoulders pattern forming with a downward sloping neckline. Additionally price has failed to break the Resistance level @101.500. One obvious negative is that the DXY is currently trading above the 50/60 ema indicating that in a uptrend. Would recommend caution trading dollar pair as...

Dorito123

FX:NZDUSD Using the last kiss method this trade. Price level testing Resistance at 0.72350 Stochastic RSI pasted the "80" over-bought level

Dorito123

FX:AUDUSD In light of recent DXY strength off a major trend line, An AUDUSD play is an important setup as the DXY approaches 100. - Deceleration on the Stochastic RSI over the past 3 months - Stoch RSI indicating oversold (Converging) - Retesting a 4 year downward sloping trend line. -Forming the Right shoulder to the head & shoulder pattern. -Retesting the...

Dorito123

FX:USDCAD

Dorito123

FX:AUDCAD Stochastic RSI Oversold Trend line Support S/R level at 0.97500

Dorito123

FX:AUDNZD Stoch RSI - Overbought

Dorito123

FX:USDCHF - Support at the 0.38 Fibonacci Retrancement level - On the final shoulder of the three month inverse head and shoulders pattern Stop Lost: 0.9650 Entry : 0.97300 Limit : 1.0300 Risk to reward : ~6.8

Dorito123

FX:GBPUSD Post Brexit GBP has been extremely choppy, Recommend entering with a conservative amount due to the high risk exposure. Long Term Target : 1.0500 Stop loss : 1.4200 - Potential 'Last kiss Strategy' Setup - Retest of the 0.38 Fibonacci retracement - Retracing to the nearest resistance line at 1.38700

Dorito123

FX:AUDUSD

Dorito123 Updated 

FX:EURUSD If price continues to decelerate while approaching resistance at 1.4400 Assuming we get decent Technical's I will be entering a short position with a target of 1.1300 ~120 pip profit ~30 pip stop loss

Dorito123

NZDUSD

Dorito123 Updated 

FX:EURUSD

Dorito123 Updated 

FX:AUDNZD

Dorito123

FX:EURUSD