I am going long on the EURCAD Long positions at market Stop: 1.3512 Target: 1.4076
Traders I hope you had a good weekend. Market open is approaching and I have a some pairs I will be trading this week GBPCAD one of them. GBPCAD has been in a downtrend, consolidated above upper trendline, met resistance and I think is about to go down. Sellstop at 1.6272 SL: 1.6426 TP: 1.5831 Happy trading.
Not a lot of people trade USDTRY. If you are one of them, maybe you want to consider long positions. I am long on this pair. Price failed to break below major support and my fav indicator, stochastic is turning bullish Long positions at market this morning Stop: 14.5414
Plenty of trading opportunities in the Forex market today I think the EURGBP is going to go back to major resistance level I am going long. The risk reward on this one is about 1:8, pretty good. The stochastic oscillator is one of the indicators I look at when trading and it is extremely bullish on this one, atleast for now haha. Long at market prices
Hi Traders The NZDCAD has tested a resistance level for the third time now. I think we are likely to get a valid M pattern. Enter short positions at market
Good morning traders Eurusd has been in a downtrend on the daily chart but there seems to be buyers at support level and there is a high chance for a retracement. Signal: Buystop at 1.0878 Stop: 1.0768 Target : 1.1357
Evening Traders I am long GBPAUD. The pair has been on a downtrend on the daily chart and a trendline break is a good enough signal for me to go long. Long positions at market today and early hours tomorrow. Stop: 1.7535 Target : 1.8311
I have a long bias on the AUDUSD currency pair. Place a buystop order at 0.7418 Stop loss: 0.7332 Target : 0.7655 The order is valid until Friday afternoon. If price close below the red line before Friday we cancel the order. Price is currently at support level so my idea is that if it fails to close below support it will go right up to test previous resistance.
Morning Traders AUDCAD has been in an uptrend on the daily and broken below the lower trendline. I placed a short position on this one. Stop: 09382 TP: 09121
Hi Traders I am going short on GBPCHF. There is resistance on the 4h chart and price is beginning to fall from there. I like this pair on the short side. Short at market prices
Good Morning traders from South Africa I think there is still a chance for AUDJPY to go to the upper Bollinger band. As you know, high volatility means opportunities in the markets. This trade has a very good RR ratio Long at market Targets at 95.05
Sell the NZDCAD tomorrow below if price drops below 0.8588 assuming todays candle is bullish. I have a bearish bias on this pair, infact I already have an open sell position which I have moved to break even. If I am wrong I will be out with a small loss and if I am right I will earn good pips here. Entry: 0.8588 Stop: 0.8711 Target: 0.8373
Vertex Pharmaceuticals ticker symbol VRTX is in a serious uptrend. If price break above the next resistance zone around $315 before the next earnings we could see a steep rise in price. Vertex is the stock I will watching closely next week. I am going long at market prices above 283 stopout at redline 264 Happy trading.
Nielsen ticker NLSN is trading at resistance level after gapping up Usually stock prices fill the gap but I do not think this will happen as retail traders buy the stock. Another thing to note here is good reward risk ratio with a tight stop loss. I am buying at market open provided the price does not gap up or down too much.
The CADCHF pair is showing no interest in reversing its long term upward trend. Friday we saw price close just above lower trendline . This has made me believe that this coming week price will continue to rise. I will place long positions when market open above 0.7442 for a 150 pips take profit and 50 pips stop loss.
NZDCHF has turned extremely bearish atleast from the TA point of view Bulls failed to push price above 0.6500 level last week instead bears took over and we saw price close below the lower trendline on Friday. I think price is likely to continue down below 06380 level If interested you can play with sellstop pending order. Last week I posted here sell...
The stock market keep falling yesterday yet there is still some companies who saw gains. Autozone (AZO) is one of those companies. Azo is my stock pick for today. I am simple playing vanilla breakout strategy here. Buy above yesterdays close and if market does not gap down. Stopout: 2015.40 Target: 2450
The stock market is falling right now and Colgate Palmolive is the only stock I think will keep rising for the rest of the week and early next week. We have seen the stock price bouncing off support around 72.00 and now seems to pierce right through resistance area around 78.50 Buy at market prices Target : 85.04 Stop : 74.97