RiccardoAnnoni

RiccardoAnnoni

Dear traders, AUDUSD printed a couple of bearish wigs and it maybe the case that resistance at 0.785 will hold. The range is quite tight so there is the case that green S/R will be soon broken.... Anyway: the most corageous of you can enter short AUSUSD with a STOP LOSS if a 4H closes above 0.785 and TAKE PROFIT at 0.77 But if you like to trade from a KEY S/R...

RiccardoAnnoni

After a massive sell-off USDCAD is in digesting mode and a BUY order at market seems a good trade to me. IDEA: close if H4 candle closes below 1.21. TP1 at 1.22 TP2 at 1.225 As usual I recommend to be strictly observant of a tight stop loss rule, beign that the case of a counter trend action. For Taking Profit, you can do almost whatever you want, but don't make...

RiccardoAnnoni

Dear traders, let's wait and see how GBPUSD will behave at 100SMA resistance and round number 1.52 Then please, consider to apply this algorithm: On a DAILY CLOSE above 1.52 let's enter LONG targeting 1.56 which will also be so near the 200SMA. On a resistive candle that close below 1.50 let's enter SHORT targeting 1.48 and then 1.46. I mean, close half...

RiccardoAnnoni

As you can see AUDNZD broke out resistance at 1.02 and is now printing a little pullback before continuing log towards 1.03/1.035. You can enter with a BUY LIMIT at 1.0225 and stoploss at a 4H closing below 1.015. If you dislike trading the 4H and (like me) love trading DAILY candles, then enter at market and set a daili soft stop loss at 1.015. Even if I am not...

RiccardoAnnoni

Dear traders, EURUSD is printing a perfect GravestoneDoji at 1.08/1.085 resistance. My grand idea is to short this instrument with a STOP LOSS at 1.086 and TAKE PROFIT at 1.07 Of course you can change Take Profit levet at your pleasure sir, BUT PLEASE keep stop loss tight as nobody nows what is going on in the Market and EURUSD at 1.1 is still possible albeit not...

RiccardoAnnoni

Key support lays at 0.745 and that is my target.

RiccardoAnnoni

...I am bearish about it. Consider how strong and resilience is the resistance at 0.77. If the price can't go up, well then it will go down sooner or later. If you are a most cautious guy, just wait and see price action piercing the trendline and be ready to sell at a daily close below it. Eventually, should you be a fundamental trader, also the soft CPI is on our...

RiccardoAnnoni

Look for yourself and decide how to handle it: 1) You enter a BUY STOP order at 0.965 with Stop Loss at 0.95 and target 0.98 2) You wait for a D1 or H4 bullish candle to enter at market 3) You stand aside Either way you choose..... GOOD LUCK!

RiccardoAnnoni

Hi guys! The idea here is to enter long. STOP LOSS at a daily close below 1.815. TP1 at 1.855 If everything goes well, as usual we take half profit and move Stop Loss to breakeven targeting 1.88.

RiccardoAnnoni

Title and chart say it all. The grand idea is to SELL AUDUSD with a STOP at 0.775 Take half profit at 0.7670 and let the othet half go down to the key support.

RiccardoAnnoni

This time the chart is screaming BUY!! Seto stop loss below the low of todays Hammer. There is so much room to the upside!

RiccardoAnnoni

As expected NZDUSD is selling again and the ShootingStar from Friday has now become an EveningStar, so there is plenty of space for you to enter short.

RiccardoAnnoni

This pair is for RSI or STOCHASTIC lovers, as lately has been ranging between 0.95 and 0.9. The classical pair for noobs, the ones that love to pick top & bottons. Now, curiously enough, at 92.5 the price is right in the middle of the range, so I would stay flat waiting for a confirmation of resistance at 0.95 or support at 0.9. In trading, PATIENCE is the key. :-)

RiccardoAnnoni

The graph really says it all. EURCAD prints a bullish candle and most probably will test at least the descending SMA13. LIMIT BUY at 1.32 with stop loss at a close below the low of Friday candle. TP at 1.34. Cheers R

RiccardoAnnoni

At 0.45 Rome Time, they will give the NZD Consumer Price Index. If negative o equal I will sell USDNZD in the face of a pullback down to 0.755. It is a 1-2 day trade as we will have to check how the price action behaves when it hits the bottom of uprisng channel. All in all I see a decent chance to short this pair for a daily trade or so.

RiccardoAnnoni

As you can see USDJPY has printed 6 consecutive loss, the last being a doji. Thus USDJPY is striving to print a nice bullish one. I am bullish on USDJPY but I need a nice bullish daily candle to close in the vicinity of SMA50 to buy some USDJPY. The floor of the market sits at 115/116. Below that level I would start to consider selling instead.

RiccardoAnnoni

My fundamental point of view on INDEXES is a buy only one. That said, I am waiting for a daily supportive candle in the yellow band around 4300. If that is pierced, next key support sits at 4100. I am not taking any positioning right now, just let's wait for some action on NIKKEI225 and DAX tomorrow morning and that may give a clue about USA indexes. Have the...

RiccardoAnnoni

After 11 week of consecutive gain, DAX30 prints a huge bearish engulfing. Of course this is a huge opportunity for us to make money! First thing first: I do want to see some buyers step into this market before committing to a trade. The rosy scenario is that where I can put some money to work already at 11600 as the convergence of SMA50 and lower channel of the...