JPY has been showing strength. I took a few crosspairs on Monday that had a bias of a weak JPY but they have since reached their stops and I have new positions. One of such is this EJ sell. Couldn't post as I had reached my 10 post limit but I will be looking to hold this over the week or till I see rejection to the downside. I may also extend my TP depending on...
JPY has been showing strength. I took a few crosspairs on Monday that had a bias of a weak JPY but they have since reached their stops and I have new positions. One of such is this AJ sell. Couldn't post as I had reached my 10 post limit but I will be looking to hold this over the week or till I see rejection to the downside.
price has been making LL and LH. Hence, entering a sell w the sl covering the trap zone for this trade to be invalid.
I will look to short NU, but not at market open. Price didn't close bearish so I can still expect some retracement before price moves to the downside. I will look for an appropriate entry with signs of rejection to the upside.
2 possible entries and I will see market conditions and enter a sell for GU accordingly (given that there are sufficient confirmations).
Taking a long on CADJPY. 2 values as stated for BE and TP 1 along with final target. Will look to hold over a few days at least
If you bought CHFJPY from the previous set up it would have hit SL. I have since re-entered this position.
Eurjpy has rejected a zone on a higher timeframe and moved away from it. w hh and lh on a small tf, I have a buy setup for this pair
There are 2 entries im eyeing for a EURO sell. One is more conservative than the other. The details are on the charts but I will monitor the market conditions and take the trades accordingly
GBPCAD closed very bearish so there may just not be a retracement to the entry point I want to enter this trade at. But I will monitor the markets and enter a position accordingly. However, as of now, I am eyeing to short this pair.
I will look to buy CHFJPY if it retraces to get a good entry on a second buy position, adding to last week's. (view the link below for last weeks idea posted on trading view for the same pair)
UC has rejected the zone i was eyeing and now seems to be coming to the upside. If this is a retest, I will be shorting it. Will be placing a sell limit.
Seems like DXY is forming a head and shoulder, however, it depends on whether the right shoulder forms, and also how it reacts at the neckline.
As we can see, the sell on NZDCAD has been running for around 2 weeks now, as posted on 6 June () <- link if you wish to view the idea. The bearish bias on this pair stands and since it has broken a s/r level and retested it, it seems like a good opportunity to place another sell at where the price currently stands. Hence I will be looking to further short this...
As explained in the video, I'll be looking into these probabilities for NU!
Since GBP closed showing rejection to the zone highlighted, I would look to take a long during market open with 2 tps. I will look out to see if market opens with a gap and trade accordingly.
if price makes a LH then i will long this pair. Since on an hourly it is in a descending wedge, I'll be looking for new trades depending on which side EU breaks the wedge.