Headline going around of a strong warning of higher interest rate for Sterling. Yen has been badly hurt and could still have possible room to move higher against the yen if the hike happens because of interest differential between the two currency. Although i believe this has risen too high but will manage it with a tight stop in case market decides to reverse...
Hi just wanted to share this idea of my trade on DXY. Please feel free to comment. Would love to hear your opinion. NOTES ON THE TRADE Im expecting a correction of the Dollar Index after it broke the downside of the forming rising wedge which i took as signal for a reversing trend. took my entry on the consolidation for a possible downward correction to...
looking to long on GBPAUD LONG ON break on lower time frame (screen shot on comment. Also looking to long this trade on MACD ZERO LAG divergence CAPITALCOM:GBPAUD
A possible break of an inverted head and shoulder pattern looking to long for a reversal of trend. CAPITALCOM:SILVER
Im still bullish bias on this pair. Fundamentally banks are looking betting on interest differential play thats why JPY has been bearish versus other currencies. Although price seems to have peaked and price actions looks like there are some resistance, this could just be a correction for another move to the upside. CAPITALCOM:GBPJPY
I am watching the breakout of a CAPITALCOM:AUDCHF possible head and shoulder pattern on daily chart.
For this pair i would like to wait for break and retest setup as the white projection shows CAPITALCOM:CADCHF
GOLD - NEUTRAL TILL 1748 waiting for confirmation if this trend will break 1748 and will look to sell for retest targeting 1721 range. if not might test the high of 1800 . if break to 1805 will wait for retest for long position to tarket 1825 to 1830 CAPITALCOM:GOLD
LONG GBPUSD: TRADE IM A BIT WORRIED ABOUT 1. entered a trade on a resistance line. Broke the resistance line and reverses back below the resistance 2. entered the trade just approximately 70 pips above daily channel. 3 price action on hourly is bearish. REASON FOR ENTRY: 1 seeing gbp mumentum and fear of missing out (FOMO)!! 2. feels like a correct call at...
Dollar held the trend well after the NFP except for some knee-jerk reaction from retail players jumping in on the trade the moment news came out. The news was fairly mixed in my opinion as previous data was revised higher and the unemployment TVC:DXY TVC:DXY rate was lower which are good for both dollar expect for the numbers last night. We'll see how asia...
Hi traders just want to share my trade on long NZDCHF which got stopped out early to breakeven. I took a long position on this pair on a change to bullish pattern . Was up on the trade and was confident that this will turn out to be bullish overnight till the close of the day, friday. Stop loss to breakeven but turned out to be a mistake. I could maybe enter...
Just sharing my notes on this trade EURUSD which im currently holding. CAPITALCOM:EURUSD
GOOD MORNING TRADERS AND SAFE TRADING PRE JOS DATA With the good numbers that came the past two days could it be possible that dollar can be bullish today? TVC:DXY
Trade Management 1st trade entered on sept 28 targeting top of daily channel. sl now on trailing stop - trailing stop at second entry 2nd entry sl now at b/e. entered after a break of consolidation to the upside. targeting top of the daily channel. RISK FREE TRADE NOW. If my second entry long gets stopped out im only down on switch fee. the first entry...
Just sharing out my thought on BTC looking at key support area of around 40K with confluences of ema 200 and fibbo level, are the bulls gonna defend this again and push it back higher? With news coming out of china and with stronger words this time i would thing these level would be a key to watch on how strong the bulls will be. In my opinion i think 38k is...
Just amazes me how price reacts on fib levels. It’s like out of this world. So AUDCAD, ARE WE GONNA SEe a short rebound?
Hi traders expecting this up trend. Whats your thoughts
Is there a possible big gains to be made on AUDCAD next week? 4hr price action showed bulls tried to reclaim the high side but was strongly rejected. Possible continuation to the downside. Looking to short this again next week. WHATS YOUR THOUGHTS? OANDA:AUDCAD