-Price trading nicely within and above the trendline. -Will it hold this tyme round? -If it breaks we could see a dip in the market. from where i can look for bullish signals.
EURJPY -Has generally been on a uptrend. Currently have 18% net long and 82% net short retail positions. -When we look at the weekly change in position we see that we got a 35% decrease in long positions and a 32% increase in short positions. -On the daily charge, a 10% increase in long positions has been noted while the short positions increased only by 2%....
-This is an example of squeeze play. -When price hits an horizontal line several times and with each time forming higher highs as it aproaches the resistance line or it prints lower lows as it approaches support. -With our case here,we have a support line at 0.98044 and the lower lows forming along the trend line. -An idecision candle has also been formed at...
EURCHF -Has generally been on a downtrend. Currently have 71% net long and 29% net short retail positions. -When we look at the weekly change in position we see that we got a 7% increase in long positions and a 2% increase in short positions. -With the influx of the net long positions, we can comfortably look for short positions this week according to this...
EURUSD is looking pretty bullish. And with the retracement made last Friday could pose good buying opportunities. -What am seeing is a bullish correction. -As the week progresses i will be looking for bullish signals.. -The trend line drawn could hold and i believe is where i could start looking for buy signals come Monday.
Price has bounced off a good support with a nice big shadow. -The market is trending and we can expect the market to reach 145.34. -Retail traders are also very short in the pair which is a good indicator of buy pressure building
-Missed this trade, -kangaroo tail. -Stop loss above the high of the kangaroo tail. -Tp on the next zone.
-Missed this trade, -kangaroo tail. -Stop loss above the high of the kangaroo tail. -Tp on the next zone.
market is trending. -Higher high, higher lows. -Price seem to have found support at 132.00 and uptrend could continue. -Riding up to 132.90 with my stop at 131.80
This are my levels on how i will be taking this trade. -Enjoy brother.
Hello, i believe DXY could go up this week. -If look closely, you will see that dxy printed a big shadow on the daily chart. -Here are my optimizers for a Bullish Big Shadow; 1.Prints on support zone 2.Has a higher H & lower L that prev. candle. 3.Biggest range of the last 6 candles
-Price seems to be on a bullish trend looking at the 3H timeframe. -Zoomed in to see where price would find a support in its quest to continue moving up. -Will place my lose stop loss at 130.90 to give the trade more room but i could otherwise place my stop at 131.50 -Targeting 133.00
-Price in a zone -Volume is dying out -price could drop to 131.57 or down to the trend line.
Eurusd is ranging as you can see in the chart. -The lower zone has a stronger support so price could potentially drop to the lower box then continue its upward trend. -Will monitor the pair closely for better bullish signals come next week.
-Higher high than the prev candle -Lower low than the prev candle -On a support/Resistance zone. -Stop below the big shadow.
Price could continue up as we can se the price print bullish candles in the higher intraday levels. Placing my stops as shown. Lets see how this one goes.
-This pattern formation so often leads to a sell trade. -Will place my stops and target level in the places shown in the diagram and anticipate market movement. -Let's see how it goes.
-You can see our major zones there on the chart. -There is a lot of imbalance in the market with retail sellers being the majority at highs of 89% -We have our major support of price standing at 1.07100 and bit of an issue at 1.09306 with price resisting upward movent. -Ill be looking for buy signals on price hitting my trendline as shown. However, if price...