maglite55

maglite55

Expecting a test of channel

maglite55 Updated 

This a a tricky one. It may just run up from here 1.0790 or retrace to test 1.07690 levels before resuming to take out 1.0820 resistance. Only time will tell. Will prefer to enter lower

maglite55 Updated 

Just playing around with pitchforks. Could be possible in the short term depending on how things stack up. Not trading advice but more of a illustration of possible bias

maglite55 Updated 

USDJPY at strong support now. Expecting a bounce here with the overall sentiments still bearish. Any rally to be sold will be the game.

maglite55 Updated 

Expecting a pullback to 113 level for potential short. Relatively data quiet weak. Need to be patient especially on a monday for now.

maglite55

Taking this short from the wick exhaustion @0.7057. Expecting a bounce around 0.70 zone to go long.

maglite55 Updated 

I like how this looks so orchestrated. Will be a nice pattern if i goes. Entry 1.2345 TP 1.2450 SL 1.2280

maglite55

Expecting a retrace early next week. Entry 0.75 TP 0.7550 SL 0.7470

maglite55

Waiting for the bulls to get exhausted and the overdue correction. Needs to go down before it goes up.

maglite55

Bounce off strong resistance 114 level. Fed expectations still in line for march rate hike so expecting continued USD strength.

maglite55 Updated 

Interesting pair to watch next week. Should see a test to 113 level at least. - S&P closed positive - DXY positive expecting some usd strength over the major pairs

maglite55 Updated 

Was focused on my AUDNZD pair that i forgot to post this. Will likely see a dip next week. Confluence on the higher timeframes as well for the slide. Dow and Nasdaq close positive this week will likely push up the overall USD strength. Holding position thru the weekend. This applies to AUDUSD pairs as well. Sentiments to the shortside.

maglite55 Updated 

Seeing exhaustion on the pair and increasing risk off sentiments and failing commodities prices will weight on the pair. Good risk reward trade

maglite55 Updated 

Support at 113.0 holding. Taking this based on the risk reward potential. (*To exercise proper risk control with reduced sizing)

maglite55 Updated 

We are expecting a retrace back to 114.30 to test for further upside on renewed usd strength. Strong support @ 113.0

maglite55 Updated 

Failure to break about 61.8 and close below 200EMA suggest bias to the downside. TP zones are indicative based on previous support

maglite55 Updated 

Expecting market euphoria to taper off. This also associated with EU hitting lows of 1.052 completion and start of new structure. Entered @1.3760 (low bounce) A better entry would be candle close above 1.3786 *Experimental - For testing purposes

maglite55

Expecting a retrace to 114 level to enter long. Targeting 115. USD Strength to persist on possible rate hikes on track for march and better US data.