Get started

200sma

#EURUSD Short (200sma, ABCD Pattern, Fibonacci Extension)@TradeYodha TradeYodha.com #EURUSD Short (200sma, ABCD Pattern, Fibonacci Extension) Analysis 1. Previously Weekly Structure Zone 2. Fibonacci 61.8 confluence with 200sma 3. Fibonacci extension 127.2 perfect confluence with 61.8 fib level 4. ABCD harmonic pattern in the zone Trade Management: 1. Two Targets 2. First target completes at 1:1 R/R ratio 3. Second target is a bit lower 4. As soon the target 1 is hit, its stop is moved to the target level News/Fundamentals 1. Greece news (15/06/2015 IMF Loan Repayment Due) 2. 15-June-2015 9:00am EUR ECB President Draghi Speaks
Short
by TradeYodha
#USDCAD Short Idea (Cypher, Fibonacci, Structure, 200sma)#USDCAD Short Idea (Cypher, Fibonacci, Structure, 200sma) @TradeYodha (TradeYodha.com) Analysis: 1. 200 sma in the zone 2. 78.6 fib showing potential Cypher Pattern 3. DXY is showing a little opportunity to go long fir a retracement so is USDCAD Trade Execution: 1. 2 Orders 2. One will be 1:1 limit 3. Second Order based on the confirmation in zone. News/Fundamentals: May 05: 12:30pm CAD Trade Balance May 05: 12:30 USD Trade Balance May 05: 2:00pm USD ISM Non-Manufacturing PMI I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
Long
by TradeYodha
#USDCAD short idea (200sma, harmonics)#USDCAD short idea @TradeYodha (TradeYodha.com) Analysis: 1. 200 sma in the zone 2. 10sma is ahead of 50sma showing price moving upwards 3. On higher time frame (4H) the 50sma is reaching the zone. 4. The next possible resistance level is in the zone. 5. RSI is not oversold yet. 6. If the price reaches the zone, it will complete ABCD pattern 7. As DXY is not looking very strong we can go for extended targets too. Trade Execution: 1. Have 2 orders 2. First order will be limit order with 1:1 R/R ratio 3. The second order will be extended target all the way to down point. It will be taken inside the zone to minimise the risk and have a better confirmation. News Fundamentals: 27 April: 1:45pm USD Flash Services PMI 28 April: 12:45pm CAD BOC Gov Poloz Speaks 28 April: 2:00pm USD CB Consumer Confidence I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
Short
by TradeYodha
#USDJPY Short Idea (Butterfly, Harmonics, 200sma)#USDJPY Short Idea (Butterfly, Harmonics, 200sma) @TradeYodha TradeYodha.com Further my analysis which resulted in very good profits: Analysis: 1. On higher time frame it is ultimately forming Head and shoulders pattern 2. 10 sma has gone past 200 sma and 50 sma showing high downward momentum 3. Price is not stretched away from 10 sma indicating the transition coming back to it will be slower 4. 200 sma in the zone 5. zone has 38.2 retracement level of current leg 6. If the price retraces from the zone, it may form a butterfly patter for very good targets Trade Execution: 1. Have 3 orders 2. First order will be a limit order with approx 1:1 R/R ratio 3. Second order and the third order will be put in if we get a confirmation in the zone 4. Second order have target of 127.2 extension 5. Third order will have target at the completion of butterfly pattern at 161.8 level. News/Fundamentals: 27 April: 1:45pm USD Flash Services PMI 27 April: 11:50pm JPY Retail Sales y/y 28 April: 2:00pm USD CB Consumer Confidence I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
Short
by TradeYodha
1
#USDJPY Short Idea (Structure, Fibonacci, Head and Shoulders)#USDJPY Short Idea (Structure, Fibonacci) @TradeYodha TradeYodha.com 1. Is Daily chart showing us a possibility of H&S (Head and Shoulders) forming? 2. on 4H zone we have 200sma. The price has closed above 50sma so the next target can only be 200sma 3. 200sma is in an important area where there is a lot of fib confluence indicating formation of advanced patterns 4. The price is close to 70 RSI at the moment so there are chances for it to go over bought by the time it reaches the zone. News/Fundamentals Expected: 21 April: 11:50pm JPY Trade Balance 23 April: 12:30pm USD Unemployment Claims I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
Short
by TradeYodha
2
EURJPY SHORTPRICE IS STRUGGLING AT AN IMPORTANT STRUCTURE WHICH HAS ALSO FORMED A SMALL DOUBLE TOP. PRICE ACTION IS SHOWING THAT SELLERS ARE PROTECTING THIS LEVEL. THIS IS LOOKING LIKE A GOOD OPPORTUNITY TO GO SHORT IN LINE WITH THE DOWNTREND. IF PRICE MANAGES TO BREAK THE STRUCTURE LEVEL THEN THE NEXT LEVEL TO LOOK TO SELL IS AT THE 200 SMA WHICH HAS BEEN ACTING AS A DYNAMIC TRENDLINE/RESISTANCE AND IT IS ALSO IN CONFLUENCE WITH THE 61.8 FIB LEVEL WHICH IS MAKING THIS TARE A HIGH PORTABILITY WE COULD GET SOME DOWNSIDE PRESSURE. TARGET AT 126.000
Short
by remelthomas
#EURUSD Short Idea (Fibonacci, Structure, 50sma, Harmonics)#EURUSD Short Idea (Fibonacci, Structure, 50sma, Harmonics) 1. Daily Chart showing price may get attracted to 50sma (it may ultimately be forming Gartley to retest 1.2000 level) 2. on 4H: a. Price has already hit 61.8 level but has closed above 200sma. That shows that it has potential to higher than 61.8 b. The next level of 78.6 has high fibonacci confluence 3. This zone had high supply in past too 4. Target 1:1 News/Fundamentals: 1. German ZEW economic sentiment expected 10:00 am London Time
Short
by TradeYodha
2
GBPUSD 4 HOUR SHORT LOTS OF UNCERTAINTY WITH GBP BECAUSE OF THE ELECTION WHICH IS CAUSING THE POUND TO DEPRECIATE. PRICE BROKE OUT OF THE RANGE LAST WEEK AND IT IS NOW LOOKING TO RETEST THE RANGE LEVEL (SUPPORT TURNED RESISTANCE). THIS IS A TEXTBOOK TREND CONTINUATION PATTERN (BREAK,RETEST,CONTINUATION) IF PRICE MANHES TO RETRACE BACK UP TO MY SELL ZONE I ALSO HAVE 2 FIB CONFLUENCES WHICH ARE THE 38.2 AND 50 FIB LEVEL. TARGET BACK DOWN AT SWING LOW WHICH IS ALSO A PSYCHOLOGICAL LEVEL.(1.46000) ALSO PRICE SEEMS TO BE APPROACHING A DYNAMIC RESISTANCE (20SMA)
Short
by remelthomas
#NZDUSD Multiple Opportunities 4H/1H (Gartley, Structure)#NZDUSD Multiple Opportunities (Gartley, Structure) @TradeYodha (TradeYodha.com) 1. 4H can form a Gartley Pattern but point B is a good support area so we can have a bounce from there too. It has 200sma in it. This gives us 2 opportinities for Long. First at point B and second at D 2. Point B can be seen in 1H chart as lower zone. We can target 1:1 R/R 3. 1H is in downtrend and on 1H chart 50 sma is lagging behind which can attract the price to it creating a short opportunity. Take 1:1 R/R with extended targets into lower zone where we will take our long opportunity I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
by TradeYodha
2
#EURJPY Daily/4H Short Idea (Gartley, Harmonics, Structure)#EURJPY Daily/4H Short Idea @TradeYodha (TradeYodha.com) 1. Daily 50sma in the zone 2. 4H 200sma is in the zone 3. Fibonacci Cluster 4. Possible harmonic move on 4H 5. Very good R/R ratio if market holds this level on Daily as well. 6. Gartley Pattern in the zone Wait for confirmation in the zone I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
Short
by TradeYodha
EURAUD 4H Short Idea (Gartley, Harmonics, Structure)#EURAUD 4H Short Idea (Gartley) @TradeYodha (TradeYodha.com) 1. Overall Down trend on Daily 2. 38.2% fib retracement level of last daily leg in the zone 3. 200sma is in the zone 4. Fibonacci Cluster 5. Harmonics Move Expected 6. Gartley Pattern in the zone As both 50sma and 10sma are lagging behind, I am expecting a pullback from the current price level and then price to come back into the zone. Wait for confirmation in the zone I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
Short
by TradeYodha
2
ACT breakout but resistance aheadACT has been on a great bull run since breaking out from a pullback/consolidation (and the 2000 high) in early 2012 - as can be seen on the weekly chart. Unfortunately, the trend hasn't been as smooth on the daily chart throughout 2014 - with multiple breached of the 50ma (which should act as support). Since December 2014, however, we have seen the trend just start to smooth out again. Once price managed to break above the $250 half figure, and the subsequent retest with a double bottom, the 50ma has shown itself as beginning to act as support again. If price can cleanly break thought $300 this could well offer a long-term buy opportunity. But if price struggles at this level we may want to wait for a comfortable retest and continuation before trading this stock.
ALong
by iAnneTrader