MGTRADES

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Joined MGROUP13
Markets Allocation
100 % forex
Top Mentioned Symbols
CHFJPY 21% | 6 EURUSD 10% | 3 AUDUSD 10% | 3 GBPUSD 10% | 3
MGTRADES MGTRADES AUDUSD, 240, Long ,
AUDUSD: AUDUSD - LONG
38 0 2
AUDUSD, 240 Long
AUDUSD - LONG

Break of daily res, anticipating more bullish momentum

MGTRADES MGTRADES USDJPY, 240, Short ,
USDJPY: USDJPY SHORT
34 0 0
USDJPY, 240 Short
USDJPY SHORT

Clear break of daily sup 1, followed by a new lower low, anticipating more bearish momentum; short confluence with daily time frame.

MGTRADES MGTRADES AUDUSD, 240, Long ,
AUDUSD: AUDUSD - LONG
27 0 0
AUDUSD, 240 Long
AUDUSD - LONG

Lower lows followed by lower highs, with a daily res 1 break. Anticipating bearish continuation.

MGTRADES MGTRADES GBPUSD, 240, Long ,
GBPUSD: GBPUSD LONG
21 0 0
GBPUSD, 240 Long
GBPUSD LONG

Price broke daily res 1, after a period of consolidation. Confluence with higher highs followed by higher lows through daily & 4HT.

MGTRADES MGTRADES EURJPY, 240, Short ,
EURJPY: EURJPY - SHORT
20 0 1
EURJPY, 240 Short
EURJPY - SHORT

BEARISH MOMENTUM, WEEKLY SUP BROKEN COULD SEE MORE BEARISH MOVEMENT TO WEEKLY SUP2

MGTRADES MGTRADES USDJPY, 240, Short ,
USDJPY: USDJPY SHORT
59 0 2
USDJPY, 240 Short
USDJPY SHORT

Lower lows following lower highs with confluence on multiple time frames, anticipating more bearish momentum.

MGTRADES MGTRADES CHFJPY, 240, Short ,
CHFJPY: CHFJPY - SHORT
17 0 2
CHFJPY, 240 Short
CHFJPY - SHORT

Price trading below weekly sup, anticipating bearish continuation in confluence with lower highs, bare in mind possible pull backs,

MGTRADES MGTRADES NZDUSD, 240, Short ,
NZDUSD: NZDUSD SHORT
15 0 1
NZDUSD, 240 Short
NZDUSD SHORT

Multi time frame confirmation of bearish continuation, higher highs being formed in confluence of the short trend, price broke weekly res 1. Anticipating more bearish momentum.

MGTRADES MGTRADES AUDUSD, 240, Short ,
AUDUSD: AUDUSD SHORT
25 0 3
AUDUSD, 240 Short
AUDUSD SHORT

Price broke daily sup 1, anticipating bearish continuation complimented by lower highs on 4HT.

MGTRADES MGTRADES NZDUSD, 240, Long ,
NZDUSD: NZDUSD LONG
40 0 3
NZDUSD, 240 Long
NZDUSD LONG

Price bounced off weekly support, formed higher lows and higher highs, in addition to opening above 4HT res 1. Anticipating bullish sentiment to next res.

MGTRADES MGTRADES USDJPY, 240, Short ,
USDJPY: USDJPY SHORT
39 0 3
USDJPY, 240 Short
USDJPY SHORT

Price failed to create a new high at the weekly resistance, then continued to decline and break the 4HT support at 113.68, anticipating more bearish momentum to daily sup 1. Confluence with lower highs and bearish spikes on daily time frame.

MGTRADES MGTRADES EURUSD, 240, Short ,
EURUSD: EURUSD - SHORT
82 0 3
EURUSD, 240 Short
EURUSD - SHORT

Daily tweezer tops insinuating a bearish reversal followed by a open breaking the prior 4HT support. Anticipating price to continue to decline.

MGTRADES MGTRADES CHFJPY, 240, Long ,
CHFJPY: CHFJPY LONG
18 0 1
CHFJPY, 240 Long
CHFJPY LONG

Price previously tested resistance level but failed to break, lead to a minor pull which also failed to firm a bearish continuation. Due to the candle stick spikes on the daily time frame trading right above Daily support, I am anticipating bullish momentum to drive price back up to the second resistance level. In addition to higher swing lows on both daily and ...

MGTRADES MGTRADES CHFJPY, 240, Short ,
CHFJPY: CHFJPY SHORT
33 0 1
CHFJPY, 240 Short
CHFJPY SHORT

Waiting for price to break 115.08 level to see a continuation of the down trend to the next weekly support, sentiment in confluence with candle stick pattern from multi time frames and new lower lows being formed on a daily with a descending triangle also forming. Enter 115.08 Stop 115.26 (-18 pips) TP 114.34 (+74 Pips)

MGTRADES MGTRADES USDCHF, 60, Short ,
USDCHF: USDCHF SHORT
40 0 1
USDCHF, 60 Short
USDCHF SHORT

Price trading below resistance, a open below it could see a drop back down with the right liquidity during US opening.

MGTRADES MGTRADES GBPAUD, 240, Short ,
GBPAUD: GBPAUD - Short
32 0 2
GBPAUD, 240 Short
GBPAUD - Short

Price trading below daily resistance, if we see a close below should be anticipating a short trend.

MGTRADES MGTRADES GBPUSD, 240, Long ,
GBPUSD: GBPUSD Long
45 0 3
GBPUSD, 240 Long
GBPUSD Long

Price trading right above daily support, anticipating a up trend if 4hr candle closes above.

MGTRADES MGTRADES CHFJPY, 240, Short ,
CHFJPY: CHFJPY SHORT
40 0 2
CHFJPY, 240 Short
CHFJPY SHORT

Price trading right below weekly resistance, if we fail to see a break of a 4hour candle above 114.859, we could be anticipating a bearish movement.

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