GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
> Price currently within the Daily support zone, price rejected at 38.2%.
> Wait for a break of the lower support zone with a potential retest before taking short position | |.
> 1HR and 4HR corrective structure before shorting again, potential for 38.2% to be touched | |.
> Might be a buying opportunity...
> Price currently within Weekly SWING resistance zone (January 2016).
> 12HR double top and bearish Doji.
> 1HR head and shoulders pattern. LS and RS rejected under resistance zone.
> Wait for a break of 1.6050 support | |.
> Wait for a break of ascending trendline | |.
> Price moving within a Daily corrective structure (corrective leg).
> Price created Doji candle at 38.2% Fib level, wait for a close below. | |
> Wait for a break of 95.00. | |
> Retest, Corrective structure?
> Price has two valid options.
> 1 Price has formed a daily Head & Shoulders. Price will have to break the descending trend (neck) line for bullish position. | |
> 2 Price broke the ascending trendline and retested before creating RS.
> Price broke support; now turned resistance, heading towards target support 99.00. | |
> Look for candlestick, and corrective ...
> Price rejected double top pattern within ascending weekly bullish flag.
> Price broke through the lower quarter point (LQP) 0.7750.
> Price is currently bearish within a descending channel.
> Wait for retest at 0.7725 - 0.7750 (38.2% @ 0.7744) | |
> Price broke out from the Weekly support zone; now turned resistance.
> Potential target down towards the ascending trend line (88.00 & 74.00)
> Wait for a 4HR corrective structure breakout | |
CHFJPY approaching our monthly resistance levels 115.00-115.500.
Gold once, if, it breaks 1245 area we hope to see a retest and then a further drop down towards 1240
The risk : reward ratio on this trade is highly rewarding for those who entered!
Price and current news has worked in our favour and will continue to hold until TP2 is hit
Buy signal sent to group of traders who if entered will have secured and profited by 290 pips.
Signal sent to the group of traders with TP1 being hit
Trade can be closed or left open in aim for TP2 - Always using strict risk management
NZDCAD short signal sent as pending order due to price action playing in our favour.
The trade has been boring, however it has stayed in profit. Will wait for price to break the trend line after being rejected by resistance line. The R:R of this trade is beneficial and can be scalped on its way down.
Long term buy for signal sent out to signals group!
Previous buy at entry price was on 19/11/2012. This acts as a strong buy level - previously used in the past and following the same principles, was bought again!
TP1 @ 141.00
TP2 @ 151.00
SL @ 125.00
Trade active for 25 days. 103 bars = 670 PIPS PROFIT!