with a series of lower lows being made im expecting price to also fall from this fib level
I am expecting price to fall back into the FIB Region. In the meantime I have taken this short trade into the FIB region.
Entered this trade due the fib and the key level resistance. At the moment I just don't believe that any bullish action will be short lived. So I have entered.
Very Clear opportunity here. Price has rejected the Key level and the fib region. The weak CAD should push the price up further.
I entered this trade yesterday but due to be having to go out and get ready to watch the England World Cup football match I didn't have time to update my profile with this trade. However I am in the trade and entered in the middle of the fib zone after the CAD news broke to the downside only to retrace and reject the fib zone. Do the the volatility of the...
Yes Here we are again with the infamous GBPAUD. to my eyes the technicals are still in line until we break and close above the 78 Fib level and or the key level. If any of these are achieved then I will concede !!!!
Price has pulled back into the fib region. A break of this will mean that this pair is now bullish. Until then I am bearish. A very sneaky new high has been made what seems like an evening star formation could be forming right in the the middle of the fib region. stops above the 78fib level and the key level .
Fib looks like its holding up and I have decided to enter this trade
I did say if price reaches this level again I would go short and with the daily close it closed to the T below my level after a very bullish day so i've decided to enter and real big stop for me if price was to break and close the outside the triangle then i would have to reconsider my position,
What looks like a calculated risk has appeared. The weekly candle hasn't closed yet so it's always risky taking a trade. However, I think price on this pair could rocket. Especially on Friday with all the news coming out. I'm trying to escape the Friday madness (NFP) and taking this trade now. I'm sure I will be sitting in the trade for the next 3 days while...
Like I said on the screen . I just feel price may reject this level. The bearish movements have been big recently but could the dollar strength be slowing down. Time will tell.
Pretty much missed all the action yesterday. I wanted to see if price would retest the key level for a continuation, which has now happened. There is EUR news coming out in about 20 minutes so I'm looking for price to fall even more to the downside after it comes out Weekly,Daily (if the MA's cross), 4HR and 2HR have all the MA's down. Can't really see...
Going back in on this trade ! I was stopped out by 7 pips last time but my trade idea is still valid in my opinion. So I'm putting my money where my mouth is! I have learnt from the last trade and have placed my stop a good 20 pips below the new higher low created. So if this trade goes south and I get stopped out then oh well I was very wrong lets...
I have taken another position on this trade. I am currently in loss on the first trade and it looks like my impatience go the better of me this morning. With EUR coming out at 2.30 pm I should have just waited until now to place this trade. But I do still think price will fall so I'm just sticking to my guns and trying to get a better entry. As usual let...
I still think this pair is going short and when it does it could be an extreme volatile move. 4 HR chart. Fib rejection MA's are down and the purple MA is holding as strong resistance. Can this pair just collapse already !!!
Surprise Surprise I have taken the long position on this pair. all the anaylsis is on the screen and in my previous post explaining the idea. If it goes wrong then it goes wrong. not much I can do. Atleast I know why I entered long and that's the main thing.
Im basically in Bed half sleep 4:30 AM right now but i said to myself if price on this pair reaches 1.58000 I will look to short the pair again and that is where we are now. Hopefully we can see this pair fall off today anyway let me catch some more sleep