Looking to short the EURAUD from 1.68350 SL 45 pips & TP around 1.665 Confluences: Previous High Key Level Friday profit taking from very bullish week
Looking to long GN from 2.05600 . SL 50 TP1 80 pips Confluences: Key Level 61 fibo Keep it simple Catch you later traders
Looking to buy gold from two levels. 1st level being 1947, with a $5 Dollar SL I'll be looking to secure partials at 1:1 as I am unsure of the target for this trade, max topside we could expect from here if any is to 1963. 2nd level I am eyeing is the 38 fibo at 1934, I'll be looking to buy and hold here for $20 move taking partials at 1:2 with a $5 SL....
Looking to short EURAUD from 1.67530. SL 40 Pips | Tp 1.66500 Area Confluences: Intra Key Level here Limited Confluences here, but with EURAUD making a lower low at 1.64600, I'm expecting a lower to be made. COT Data in my favor with EUR shorts increasing and AUD longs outweighing the short positions. You can find this data here: www.cftc.gov Catch you later traders ▲
Looking to buy EURAUD from 1.65400. SL of 35 pips take profit of 50 pips.... Latent profit target is the next high. Confluences: Intra Key Level 61.8% Fibo Level Risk 1% Catch you later traders ▲
Looking to buy Oil off of the previous lows from $78 a barrel. SL 77.1. TP at the next resistance zone My Confluences: Round Number Big Support Level 61.8% Fibo Take profit area
Looking to short the Dax from around the 15350 area.SL 110 Points. Taking profit at 2R & 3R. My confluences here are, Third touch of a trendline Multiple Daily EMA's & MA's If this trade fails immediately and price goes through my entry and breaks the trendline my next area for a short is the wick/Intra KL present on the chart above the first zone. I will...
Looking to short the US30 from 34270. SL should be around 150 points from contact. Targeting a 3R on this trade taking partials along the way. My Confluences: First it is inline with overall trend (Bearish) Trendline 3rd touch and trendline break retest This may line up with the SP500 on a 3rd touch. The 2D 50 Moving Average is present Catch you later traders ▲
My Confluences: Big Wick Key Level area 76.4% Fibo area, through Backtesting I have noted this fib in the structural plays on the Dax within my strategy 14500, 500 being a psychological number in the DAX
Forecast to short the Dax from 14960, with a 100 point SL. Looking at the confluences; we have a third touch on a trendline, a Key level (previous wick area), as well as the 15000 round number present. With economic conditions and macro conditions being bearish for markets, the idea fits the narrative. Taking partials at 1:1 and 1:2, with the final take profit at...
Looking at buy EURAUD, at 1.6640. Reason for the buy is the big 38%, 4th touch on the trendline, EA is also sitting on the Daily 50MA as a break retest. Currently EA is trending bullish which fits with the narrative.
Long from current level up to the last Intra Key Level as the final Target. Confluences- Wick key Level, Trendline Retest
In light of the big push down from the highs created earlier this year, there has been a three wave correction to the upside. Currently going short from this point of previous structure for +- 100 pips Take Profit.
Confluences: Intra Key Level, Big 15000 Round Number. Target the first point of resistance, this is the key point for me to take partials, if it goes higher then I'll be targeting TP3. If at TP1 the Dax reverses, we can expect lower prices for further counter trend contrarian trading opportunities. From now on my focus of Posting will consist of my highest Win...
Fundamentally Oil is still bullish with no significant lower high been made yet, there could still be room for more upside. Looking to take a long off of the trendline, coupled with the confluence of the H12 50MA retest and the 38% Fibonacci from the last major impulse for some decent upside potential. Trade Safe, FalkenFx.
Looking to buy EURCAD off of the Daily/Weekly Key Level at price 1.45. Max Target at 1.458 as we have made a previous lower high indicating we could be going lower, in the longer term. Later traders
Looking to buy gold form the 1925 key level. At this level there is also the 38 Fibonacci level present, a good point in structure on gold for bullish momentum to kick in. Simple trade trade idea with two strong confluences backing it.
Looking to sell gold at 1948.6. Selling here due to the 61 fibo, and the fact that the previous fib level was breached gives me a reason that this level may work. We have the key level 1950 also being a psychological level for gold. Looking to hold down to the Daily 50MA.