Going long here. SL beneath recent lows. Been looking to short USD on a number of occasions and now looks to be moving
Break in uptrend. Retest atm. I expect this pair to fall back to 1.34 over this week. Good R/R.
Long here. Sent this morning. Upward trend forming, EMA break and retest. 3 profit zones identified.
Run up against JPY last week. I’m expecting a YEN rally this week and a fall off of GBP/EUR/USD. Head and shoulders formed. Resistance at 150.5. Could fall back as far as 145.0
Idea: I am short here. Down trend building. Support level around 0.85 longer term, so tight SL, and a long run down expected.
Going short here. Poor NFP data, followed by a little recovery yesterday. Now shorting USD across several pairs.
NFP tomorrow. Don’t carry unnecessary risk into the weekend. Look to close USD positions ahead of the news - markets are a mess & scatty. Risk management priority one.
Sharing an idea. I traded this up to 97.0 and took profit earlier today. I’m seeing a clear rejection of 97.0, and a drive down. A small short targeting 96 | 95 | 94, and a SL of 97.1 could be a valuable trade with good R/R ratios. Enjoy!
Looking at a break and solid support on the 4HR. I expect this will break up. There is a lot of pressure on USD at the moment, and a lot of risk connected to it. I think we’ll see an overall USD sell off
I’m buying NZDCAD here. Nice break up, back to FVG, looking positive still. Long targets 0.82 / 0.84 / 0.85.
Looking a major sell side liquidity zone around 1.21. Higher CPI than expected, May support a drive back up. Using a small lot with tight SL, I think long here.
We're back. Took a little break from posting but happy to be sharing ideas once again. I'm going short here. There was a push above recent levels but it appears to have failed. The downside level seems to be 164.5, or potentially down to 162.0. SL: 166.9 feels comfortable. Happy trading all.
Going long here. US data later today may impact this trade but I am comfortable with the risk. Good momentum here, target 1.735.
Going long here out to 1.74. GDP news for USD / CAD today / tomorrow. Market seems to be pricing in weak data and we’ve seen some poor manufacturing results recently.
Seen a pull back and rejection here. Expect JPY to gain strength, JPY news on Friday but bull run to then. I am short AUDJPY/ USDJPY / EURJPY currently.
Can’t see much in USD data tonight to support further rises in USD near term. Inflation under control and low manufacturing numbers suggest a softening in Fed language could be on the cards. USD down to 138.0 for 6/1RR
Going long here. CHoCH with a higher low. Reversal underway, push back up towards 1.125.
Seeing a chance for EURJPY to slip here down to 153.0. Just entered a short trade.