MikePips

MikePips Updated 

I am shorting this pair for 18 pips. The down trend seems to have strength. Entry 1.46759 S/L 1.46959 T/P 1.46524

MikePips Updated 

Looking to short this pair from the current level. Entry - 0.6592 S/L - 1.06770 T/P - 1.06335

MikePips Updated 

For this trade I will be looking to short the Pound Yen. I would like to see the price up a bit before entering short. If I see a bearish engulfing candle at any point in the current uptrend I will consider entering there however I would need to see the RSI showing signs of reversal.

MikePips Updated 

Shorting from the 618 rtracement Take profit at the 1.272 extension

MikePips Updated 

Still attempting to short UJ, this time I've shorted from 106.29, Markett retraced to the 0.50 and reversed. Hopefully we start a new move lower but we could see the 106.682 level retested before rolling over. Stops above 106.682 tp around 105.676 level. Second targets could be at 104.843 level but I am trading short term on this pair right now.

MikePips Updated 

Low volume short from the .382 and possibly the .618 retracement area

MikePips Updated 

I will be looking to go long the USDCAD on Monday. My entries and exits for this trade are based on fibonnaci and price action. At market close the market was at a level I would like to get in at but I am prepared for more downside. My perfect entry for this trade would be at 1.30891.

MikePips Updated 

Trade was opened at .618 retracement. Currently 22 pips in profit. Expecting a gap on Monday. Once market moves beyond 116.224 I will slide stop loss to break even. Targets are at 1.272 and 1.618.

MikePips Updated 

Waiting for a .382 or 618 retracement to enter short. My targets will be at 1.09316 and 1.09087. I am willing to close trades early if they come within a few pips of targets and show signs of weakening downtrend.

MikePips Updated 

Eu recently retraced to t he .618. I missed that trade but I still want to catch pips on the down move. Im shorting from the bottom side of the .236 retracement. 1st tp set at previous support, and second tp set near the 1.27.2 extension. If market goes above .618 trade is no good anymore.

MikePips Updated 

For this trade I'll be using price action with fibonnaci levels to find entry and exit points. I already entered the trade with low volume. I am expecting this trade to be open for 30-60 days based on most recent price movement. Feel free to like, comment, or share you trade ideas here. The red line is the sort of movement I am expecting.

MikePips Updated 

Triangle break and Channel break. Shorting to the 1.272 Extension.Second entry oppurtunity if retrace to .786 , .618, or 0.50. Stop loss behind 0.50 retracement. Take profit just before the 1.272 extension. New Lower Low

MikePips

Poossible head and shoulders sell signal , but also at .236 retracement.

MikePips Updated 

This short is based on the 0.50 Fibonacci level and previous resistance. If the market breaks and closes below 1.2945 with a strong candle, I would short the pair. I don't hold trades over the weekend and my broker closes earlier than the market. Its already closed and theres still 20 minutes until the market closes. Regardless I would use the 1.618 extension as...

MikePips Updated 

Shorting from middle resistance to lower support. Waiting for break out of small triangle pattern. Entry: 104.585 Stop Loss: 104.796 - 21.5 pips Tp 1: 104.373 + 20.8 pips R/R 0.97 Tp 2 : 104.040 + 54.8 pips R/R 2.55

MikePips Updated 

Market in a triangle pattern. If price breakouts to the upside I'll be looking to go long. If no break out I will enter short into the .236 retracement area.

MikePips

For this pair I'll wait for a break out to decide my position.

MikePips Updated 

For this trading I'm looking for this broadening pattern to break out by 30 pips in either direction. It looks like this support level has already become resistance but I will be waiting for a breakout to get in on it. Target 1 in is at roughly the price range of the beginning of the wedge. The second Tp is at 30 pips less than the range from the lowest candle in...