GBPUSD - Weekly Trade AnalysisGBPUSD > 10/1-6/17 Trade Analysis
Timeframe: 1W
Believe top of upward trend located at strong resistance level 1.3587 and expected to hold.
From 1.3587, expecting decline to support level 1.3135 in longer term as long as price remains below top resistance.
Should firm break and hold above 1.3587 occur, expect rise to next major resistance level @ 1.3915 but at this time, not expected.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
1w
GBPUSD - Levels to WatchGBPUSD > 9/24-29/17 Trade Analysis
Timeframe: 1W
Sideways trending in play with S&R levels between 1.3450 and 1.3587
A firm break above 1.3590 signals good probability of beginning of Uptrend towards 1.3910
A firm break below 1.3445 signals good probability of beginning of Downtrend towards 1.3140
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
AUDUSD - Long / Short OpportunityAUDUSD - Long / Short Opportunity
1W Timeframe
Week Trade #1
This week looking for a BUY / SELL opportunity for this pair for a total target of 182.1 pips.
With the Pivot Point @ 0.8009 and the Psychological Level of 0.8000 holding, along with remaining well above 0.7965 support:
Phase 1 Tentative:
BUY Entry Market Order @ 0.80236
T/P @ 0.81154
Believe price could go as high as 0.8190 but will take T/P at above target and begin setup for SHORT trade.
Phase 2 Tentative:
SELL Entry Market Order @ 0.81309
T/P @ 0.80406
S/L will follow as price moves in projected direction at rate of 10-15 pips above/below. Entries/Exits may change in accordance to further analysis at beginning of week.
R3 0.8081 R2 0.8059 R1 0.8031
S1 0.7980 S2 0.7958 S3 0.7930
Updates / Adjustments / Results will be reflected in updated comments.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
EURUSD - Long / Short OpportunityEURUSD - Long / Short Opportunity
1W Timeframe
Week Trade #2
This week looking for a BUY / SELL opportunity for this pair for a total target of 282 pips.
With the Pivot Point @ 1.1945 and holding above the critical 1.1915 level:
Phase 1 Tentative:
BUY Entry Market Order @ 1.1960
T/P @ 1.2085
Believe price could go as high as 1.2140 but will take T/P at above target and begin setup for SHORT trade.
Phase 2 Tentative:
SELL Entry Market Order @ 1.2133
T/P @ 1.1976
With a clear break and hold below 1.1915, price could go as low as 1.1817 but will take T/P at above target and establish updated analysis before further trading if any.
S/L will follow as price moves in projected direction at rate of 10-15 pips above/below. Entries/Exits may change in accordance to further analysis at beginning of week.
R3 1.2075 R2 1.2032 R1 1.1988
S1 1.1901 S2 1.1857 S3 1.1814
Updates / Adjustments / Results will be reflected in updated comments.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
EURGBP > Strong Bearish leg possiblityEURGBP - 0.9011 > 0.8640
Details in chart
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience
NZDUSD Long probabilityNZDUSD Long probability > 0.7500
Showing support @ 50% Fib Retracement Level having formed a Hammer.
Firm Break and Hold above Weekly Candle @ 0.7300 signals positive probability up to 0.7500
Likely range of interest > 0.7410 to 0.7500
High volatility should be expected w/upcoming Parliamentary Elections
Suggested strategy: Wait for clear break & hold above 0.7300 for continuance of Bullish trend.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
USDJPY Bearish to 107.5USDJPY - Bearish 1W Timeframe
Week Trade #4
Sell Order placed @ 108.703
T/P @ 107.500
Total pips targeted for week = 120.3
Updates / Adjustments / Results will be reflected in comments.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
GBPJPY - SHORT opportunityGBPJPY - SHORT - 1W Timeframe
Week Trade #1
Tentative:
SELL Entry Market Order @ 141.50
T/P @ 139.50
Total pips targeted for week = 200
Updates / Adjustments / Results will be reflected in comments.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
AUDUSD - LONG/SHORT opportunityAUDUSD - Buy/Sell opportunities
1W Timeframe
Week Trade #2
Tentative:
Phase 1:
BUY Entry Market Order @ 0.7939
T/P @ 0.8030
Total pips targeted = 91
Phase 2:
SELL Entry Market Order @ 0.8045
T/P @ 0.7890
Total pips targeted = 155
Total pips targeted for week = 246
Updates / Adjustments / Results will be reflected in comments
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
EURUSD - LONG OutlookEURUSD - Bullish
1W Timeframe
Week Trade #3
Tentative:
BUY Entry Market Order @ 1.1928
T/P @ 1.2038
Total pips targeted for week = 110
Ref. 1 : A clear break & hold above 1.2080 will signal that Bullish Trend can continue up to 1.2330 in longer term.
Ref. 2 : A clear break & hold below 1.1730 will signal that Bearish Trend has resumed.
R3 1.2154 R2 1.2049 R1 1.1986
S1 1.1817 S2 1.1710 S3 1.1648
Pivot Point = 1.1879
Updates / Adjustments / Results will be reflected in comments.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
EURUSD Bullish Outlook1D / 1W
New Resistance & Support Levels update:
R3 1.1945 R2 1.1910 R1 1.1860
S1 1.1780 S2 1.1735 S3 1.1690
Entry Order will be placed @ Market Opening
Entry Market Order @ 1.1852
T/P @ 1.1908
T/P may change to 1.1970 in longer term. Updates provided as time progresses.
This will be a 1D / 1W Timeframe order.
Personal analysis only. Please use your own rules and strategies prior to entering market.
USDJPY Bearish Outlook4H / 1D / 1W
New Resistance & Support Levels:
R3 110.70 R2 110.40 R1 110.15
S1 108.80 S2 108.45 S3 108.10
Entry Order will be placed @ Market Opening
Entry Market Order @ 110.60
T/P @ 108.80
This will be a 1W Timeframe order.
Personal analysis only. Please use your own rules and strategies prior to entering market.
LBC/BTC Run up Looks long plenty of room up and volume increasing, will be worth watching what price does between 0.0001550 - 0.0001850
Massive EURCAD Triangle for the Long Term TradersI definitely don't have this amount of patience to find out if my idea is right or wrong, longest TF I will trade is daily, the shortest is hourly.
With that said, some of you may like this idea and setup, it is self explanatory.
Possible break of support (could be a bounce as well), leading to a several hundred pip drop.