hawkins_syd

hawkins_syd

A reasonable sell position for AUDUSD.

hawkins_syd

This currently looks like a good shorting opportunity and i have personally taken this trade. The reasons why i have taken this trade are. 1. Its hit a EMA on the 4 hour chart. 2. Its his a area of value which is resistance which is the green line. 3. The 4 hour chart is in a nice smooth downtrend. 4. My entry was the big red engulfing candle. My take profit...

hawkins_syd

The 1 hour chart is showing a nice bearish move to the downside. The chart has show rejection at the horizontal line and formed a nice red bearish candle with a decent pin. It has tested the strong weekly resistance and looks like it will go bearish.

hawkins_syd

Following the trend this nice price action setup has left us with a nice pinbar setup and now forming a engulfing candle. Looks good for a short position.

hawkins_syd

nice shorting oppertunity

hawkins_syd

This pair has shown a nice engulfing candle right on a resistance line. Also the MA's are slowly moving apart which is signalling a nice little down move.

hawkins_syd

The current price may fall down to the TP area and may continue looking like a great trade. I have taken this trade a bit earlier than i have signalled here but i still think its a great opportunity to take this trade even though the stop loss is quite big (do a smaller lot size)

hawkins_syd

The AudUSD is coming up to a strong resistance level on the 1 hour and 4 hour charts. It has given nice price action. There is also a nice engulfing candle on the 1 hour and a pinbar on the 4 hour chart.

hawkins_syd Updated 

There is a chance a long position might be open for a trade. The 4 hour is current showing a nice pinbar at a strong support level. It is a down trend but you can still possibly get a few pips from this move. It is also a chance it might break the triangle formation to the upside which then could bring in some nice profits. This is only my opinion trade your...

hawkins_syd

Using the bollinger bands as a guide and price action i am coming to the conclusion we might see a little rise here were you can make a few pips. The pin bars are also helping me decide that the trend maybe will follow this line and heap upwards.

hawkins_syd

Going the the chart i have drawn i think the usd/jpy will go long

hawkins_syd

a triangle is showing a great bearish move again for a great sell opportunity.