StocksForexPro

StocksForexPro

There's a couple of things in play on this chart. And I think we'll know by close of play tomorrow what's in store for Aviva. 1. Aviva rejected a climb back up early last week. At the time it was blamed on Trump's strike on Iran, impacting the insurance industry who are always itchy around risk. However..... 2. It continue to reject previous highs and had a...

StocksForexPro

OANDA:AUDJPY Aussie breaking upwards again after a strong friday finish. Should see a 1:1+ RR. As always do your own research. This does not constitute investment advice.

StocksForexPro Updated 

I've shown this on the daily chart for entry purposes but for overall structure, look to the weekly chart. Anyway, the dollar has reached a natural line of resistance and my baseline and momentum is now moving towards the negative. There should be good potential for profit taking here, though I follow my exit indicator. As always, this does not constitute...

StocksForexPro Updated 

A lot of confluence on the charts on this one. As usual do your own research but from my analysis: 1. PA is correcting itself and is moving up. 2. Above the cloud with a prediction of resumption 3. Sitting nicely on a bunched moving average pattern. 4. This is the second CAD buy trade I've identified showing some strength in the Loonie I shall be taking this...

StocksForexPro

Nice little 1:1 play on the OANDA:CADCHF Price action has resumed upwards but there has been a clear lid of resistance on the weekly chart so should be a short runner.

StocksForexPro

OANDA:NZDUSD NZD Looking relatively strong across the currencies, we're just seeing a break above the cloud now, may have some upside to come before retesting. Indicators are also positive.

StocksForexPro

LSE:III So a disappointing earnings day on 14 november saw III gap down and not cover the gap. We now have a break below the cloud. Now...... It did this a couple of weeks ago too and at that time I took a short position and got stopped out as, as you can see from the chart it then rose and climbed back above a pretty thin cloud. I think what's different this...

StocksForexPro

If we get a break below the signal line then this looks to be a decent risk reward. LSE:FRES

StocksForexPro

Interesting chart this one! Anglo American had been slowly (perhaps frustratingly) trending up for a large part of the year, recently consolidating into the cloud. However, on both the weekly and the daily chart, this stock is sitting on cloud resistance. What is also interesting is that on the weekly chart, there looks to be a tramline exactly where it's...

StocksForexPro Updated 

POSSIBLE ENTRY ON A STRONG ICHIMOKU CROSS ON THE WEEKLY AND ENTRY ON THE DAILY WITH REASONABLE RISK REWARD. DYOR AS USUAL. THANKS FOR LOOKING. OANDA:USDCAD

StocksForexPro Updated 

While below the cloud this is a riskier play so DYOR, but the trend has respected the tram lines indicated pretty well and this would represent a healthy payoff, signal below is also indicating an upward turn. Thanks for looking and best of luck! LSE:BNZL

StocksForexPro

Again much like the Bunzl long we can see this one is a long below the cloud which means its a relatively weak play, so do your own research! But it's respecting its lines on the range, and the risk reward is solid. Play up to at least the resistance of the cloud and see how it goes. Thanks for looking and best of luck! LSE:AGK

StocksForexPro

We've all been there.... - An alert on your phone draws your attention, "GBP USD up x%" - A news story comes out; in this case "Brexit Breakthrough" and before you know it the markets are going nuts. - You scramble on to the charts to take a look at the action and Holy Moly things are going UPPPPP!!! Naturally your eyes ignore all of the indicators on the chart,...