dptraders

dptraders

Lets see if we can get in an additional short before me make the trip down town.

dptraders

Previous long got taken out but now it's time to enter while the pair is still trending upwards.

dptraders

looking to short GBPJPY for a correction after the strong rally last week. A higher high and break out of the TL has signified some signs of intermediate term bullishness and there I will enter a long at when there is a potentially new sign of higher low once the 4hr cycle has started to turn.

dptraders

Possible short term long with the flag formation on the 1hr forming and the cycle is starting to turn on the stoch. Expecting to see some sellers around 1.0143 so getting out before there.

dptraders

GBPCAD had probably the biggest rally down and now it's probably a time for a pullback before heading back down.

dptraders

Last weeks day trade short worked out really well. Pull back was decent and now I'm back to bullish on this pair.

dptraders Updated 

USDCAD has shown a upward trend over the past few months and now it seems like a good place to long with NFP and a probable FED hike upcoming to drive the dollar upwards. It missed my original entry so I'm watching to see if it plays along to my set up and subsequently look for shorter intraday trades will the price is moving upwards. I usually don't wait for...

dptraders Updated 

Took a short here after GBPUSD bounced of two resistance lines also known as my retest set up. The cycle also happened to turn on the Stoch indicator leading to a good short opportunity. However, there a major support a head and we will see whether it will hold on the up coming days prior to the UK elections.

dptraders

Taking a small position here for USDJPY. Could see a mid term pull back for the month of June. USD index looks like it's ending it downward trend on the monthly cycle. Let's see where the hike takes us. However, it needs to take out the highs on the chart to form a decent intermediate bullish trend.

dptraders

Taking a limit order for NZDCAD for a possible double top formation. Cycle is starting to turn on the stoch. Risking a small amount of pips (SL above 00s) just incase the movement clears the current highs.

dptraders

Mid term short for the month of june. It's a double top formation, it may not be ideal as currently it may run higher to squeeze out the remaining shorts before heading south (More retail shorts than longs). So I may re-enter my position if I get taken out.