pipcentral

08:27

pipcentral Updated 

This week is showing a retracement off of a key level for USDJPY. While the M15 - H1 levels are showing a buy, or a short term break of structure. My focus is more so on the H4 and daily levels. My entry is going to be based on the inverted hammer that seems to be forming on the H4 level of the chart. In following along with the OANDA:US30USD hitting...

pipcentral

Looking at the OANDA:US30USD daily chart, the trend is bullish. I drew some indications on the daily for an optimal entry point on the reversal. Looking deeper at the H4, the OTE has already occurred, but is in off hours of trading. The key here is to look at the London session and hopefully see a pullback off of the intermediate high that was hit earlier. The...

pipcentral Updated 

Hey everyone!!! Happy trading! I hope everyone enjoyed Non-Farm Friday. Here is a short term analysis for the next 2 maybe 3 days for the EURUSD pair. FX:EURUSD 1 HOUR Chart NFP Shook the pair to no doubt take out some stops. The general consensus for August NFP was to reverse, but not many people were expecting the magnitude of the negative report to...

pipcentral Updated 

Analysis for US Trading session (Sept. 1 2017) The USDJPY trading pair has been heavily based on US news this month. Below is a general outlook to interpret this trading idea. 1 Hour SETUP USDJPY has been in a range of 108.70-110.70 since around August 16th. After a secondary H4 resistance test on the 25th (marked on chart), the pair dipped to a new...