jyates92

Be careful around GBP in the next few weeks. But this trade set up is for a long. Look at the current range. We can see a bounce of resistance last week with a tight stop and a good win ratio. However like i said be careful around Brexit. IF MONDAY OPENS AND THEN CLOSES BELOW LAST WEEKS LOWS I WILL ENTER THIS TRADE SHORT.

One of my favourite trade strategies at the moment is trading the bounce of 50day MA. Weekly shows this great. This is a long term trade.

Last week saw a break of support out of a range. Should this week now see this continue short. However first im going to wait for the pull back to the old support new resistance then enter this trade

Short on AUDUSD Short term trade, within a range.

Down trend, Bounce of resistance Hammer candle formed Impulse move up so likely profit take.

Shorting NZDUSD,

Shorting the EURUSD - Down trend bounce of new resistance

Rejection on horizontal support line on a down trend. signalling a short.

Strong double barrel candle form. showing long. Also indicators lining up on Stoch showing long. Will wait for slight pull back to get a better enter then enter long with stop below last weeks low.

If you scroll out on the Macro you will see this is in a huge range. However, there are a number of small ranges within the range. There was a bounce at 112.03 support with a strong buy candle on daily having form. I am then going to wait until the candle breaks fridays high, and then enter. stop will be below the support and TP will be at top of range 114.20

Bounce of trend line, Hammer candle formed on daily Within range but if breaks the highs likely to continue long. If i see a rejection at top of range around 1.84700 will look to close position and take a short.

I can see a bounce of resistance, with also the MACD indicating a short on the Daily.

Looking at taking a long is EURUSD Reasons Bounce of support Within range MACD crossover.

Looks like a CADJYP long is lining up nicely. Reasons; Rejection on support level 3 times. Possible pin bar candle forming. Confirmation on indication of long position. I want to wait to make sure this candle closes as a pin bar then tomorrow wait for a slight pull back before taking my long position.