The NZD enjoyed a late rally Friday compliments of treasury yields CAD had a big drop last week due to drop in oil prices and a few other factors We will be short for 200 pips on this pair have great trading week
CHF JPY has been a good performer for us of late it has closed the week right smack bang on the 50 FIB on early open is time for look for signs of a movement either way the 50 fib trendline combo may lead us to assume a short BUT assumption dont make pips so trade carefully but definitely one to watch next week have a great trading week
The NZD enjoyed a late rally Friday compliments of treasury yields CAD had a big drop last week due to drop in oil prices and a few other factors We will be short for 200 pips on this pair have great trading week
The AUD is poised to retest the below .700 range various of combination of reasons but the biggest is the obvious is as Covid continues to rise Market sentiment is due to turn sour on the AUD in the coming weeks Also note significant action on the AUDJPY and the AUDCHF have a great trading week all
the cable is in a very important 100 pip range the Cable is sitting nicely above the 200 ema Option 1 go now live Stp above below the 200 Option 2 wait for the pullback to the lower long standing upward trendline problems in waiting is you may get left behind in the crowd standing at the bus stop either option we are Long on the GBP thanks for the read we...
EURUSD for us as long we are above the long standing trendline and with in our desired FIB zone we will stay long EURUSD has bounced exactly 1 FIB level last week and although there may be a pull back we will still stay long on the EURUSD EURUSD is in a bearish faze
USDCAD NICE TRADE SET UP TO SHORT we are stalking a short entry for the USDCAD best thing about stalking is that you can wait "preferred" or go Live now The trendline combination and the 50 fib seems a nice place to enter for us will we see low 120s for the USDCAD very possible Oil keeps going up an up which is very positive for the CAD this trade is...
GBPJPY IS AT A GREAT ENTRY OPPORTUNITY , those following us on this idea know we are + 200 pips on this trade But with end of month tomorrow we may see a market correction and a possible trend line retsest The GBPJPY has been see sawing back and forth with every sniff of Corona press news releases We are just taking this 1 fib level @ a time happy trading
Although EMAs lagg but every trader at every level needs to have a combination of several that they use they are a vital tool for every trader and a must have the right EMA after the right market move can be your crystal ball to the next few weeks direction of a pair or as in this case Bitcoin in this chart you will see a cross of our 2 favorite emas after a few...
BITCOIN 50 % DUMP !!!!!!!!! never have I seen a proper real currency drop 50 % so quickly So many broken billionaire dreams as many wait for 100 k !! but Bitcoin is built on dreams Is this a buying opportunity or time to get out while you still have something left if any !!!!!! The only real winner in Bitcoin are those who bought below 1,000 monkey nuts the...
We are stalking a potential bearish head and shoulders forming too far currently for a decent entry to give a decent ROI but certainly a pair to keep an eye on next week and possible set an alert for an entry
GBPUSD LONG 2 possibe trade scenarios bearish if we see a pullback it will be to our channel bottom if we see a bearish continuation we will aim for channel top
4 REASONS TO SHORT THE AUDUSD 1/ WE HAVE HAD A DAILY HEAD AND SHOULDERS FORMED 2/ NECKLINE CLEARLY BROKEN 3/ BREAKOUT OF TRENDLINE CHANNEL 4/ RETEST OF TRENDLINE HAS OCCURRED the AUD has more to loose with the worlds sanctions on China China has already banned Australias wine and coal imports The scene for the AUDUSD to retest below 70,s is set AUD and NZD...
GBPUSD IN THE CHANNEL FOR NEXT MOVE UP WE HAVE BEEN STALKING THIS ENTRY AND BELIEVE NOW IS A GOOD TIME TO LONG BOUNCE OFF THE BOTTOM OF THIS LONG CHANNEL THE GBPUSD IS READY FOR ITS NEXT BULLISH MOVE IN THIS CHANNEL THIS WONT HAPPEN OVERNIGHT BUT THIS WE FEEL IS THE START THE UK VACCINE PROGRESS HAS BEEN WORLDCLASS AND GBP DATA POSTED EARLIER TODAY SHOW SIGNS...
Traders we have had a breakout of the current 6 months channel for the AUDUSD The retest has also occurred a nice drop for the AUUDUSD at least till the daily 200 zone and lower Recent Worldwide sanctions on China has hit both the AUD and NZD hard This has surprised many and has made us bearish in both the AUD and NZD
While 139 hold the current ranges 50 fib we shall be looking to stay long this saying we are below the daily 200 so a possibly correction lower may be on the cards either way there is great ROI on this pair currently whether you are with the BULLS OR THE BEARS on this trade time tells all and makes liars and legends of us all
THE EURAUD HAS PULLED BACK NICELY JUST SHY OF THE 78 FIB AND HAS FORMED A HOURLY DOUBLE BOTTOM NOT A STRONG CANDLE FOR A TURN BUT ITS IN AN AREA OF EXTREME IMPORTANCE TO GO LONG FROM HERE WE GOING TO TRADE THIS 1 FIB UP @ A TIME AND THEN RE LOOK AT POSITION OF TRADE ONCE WE HAVE FORMED A NEW HIGH
WE FORECAST A RETEST OF THE 80 ZONE AS LONG AS 7715 HOLDS WE SHALL KEEP A LONG POSITION FOR THE AUDUSD WONT HAPPEN OVER NIGHT AND THERE IS A FEW FACTORS MOSTLY FUNDAMENTAL IN THE NEXT FEW WEEKS FOR BOTH THESE PAIRS USD HAS ENJOYED A COUPLE OF POSITIVE WEEKS BUT THEY MAY BALANCE OUT A LITTLE IN THE COMING WEEKS