mara-ra-ra-ra

mara-ra-ra-ra

don't really trade this pair much, had bad experaince when it comes to RBA. therefore i will wait on friday 00.30 to strike. However if i see h4 candle or daily support being broken & close H4 i may take this trade.

mara-ra-ra-ra

htf signalling buying pressure,

mara-ra-ra-ra

US30: 30.10.19: TRADE IDEA : SHORT OVERALL IT IS MORE PROBABLE TO TAKE A SHORT WITH A BETTER RR, FUNDAMENTALLY & TING. SO I WILL JUST BE LOOKING FOR SHORTS. CBA WITH LONGS BECUZ WILL BE LOOKING AT OTHER PAIRS. HOW TO TRADE THIS: At 18.00 we have the interest rate decision. If the rate is low US30 will rally & will look at the h4 Resistance to create a triple...

mara-ra-ra-ra

will wait for that to lay out & may strike at 4/5/6 to see. Will use 0.08 , 20 pip sl

mara-ra-ra-ra

potential weekly sell retest area

mara-ra-ra-ra

FUNDAMENTALS EURO NEGATIVE: -rate cuts- quantitative easing - bad data - Brexit - trade war e/u- global slowdown. EURO POSITIVE: +hawkish view +brexit resolutions +weak JPY +trade relief e/u TECHNICAL ANALYSIS: WEEKLY: Weekly s/r 127,122, 117 Price in sellers area, bearish trend DAILY: corrective structure phase - however where price is at anticipating...

mara-ra-ra-ra

FUNDAMENTALS BULLISH VALIDATION: +strong US data +trade relief +good company earnings & performance BEARISH VALIDATION: -weak data -trade tensions - geo political TECHNICAL: Price is around strong HTF resistance. Strong seller zone around 271 & 272. (create the weekly wick) Along with fundamental validation will be anticipating and IMPULSIVE move down....

mara-ra-ra-ra

Anticipating an impulsive sell if technical& fundamental align

mara-ra-ra-ra

FUNDAMENTAL BULLISH: -global weak data - brexit - trade war tensions (china buy 20bn instead of 50bn agriculture, Russia support china, middle east tensions on oil, eu)+ weak usd (nfp, slow job growth, employment)-us30 to take a dip. BEARISH: -brexit resolution, trade war relief of SIGNITURES, strong data WEEKLY: premium buy orders around 1488 &...