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Bullvsbear

The fight of the New Zealand DollarI apologize for the delay of the post as I have just arrived home and I can only enter trades at my mobile and can't publish anything at tradingview via phone. From the previous weeks long ago, we've seen the continuing strong decline of the New Zealand Dollar against several of its Forex pairs... and that changes today. This Forex pair has been on a bull attack for several days now, and it is still fighting back ahead of the FED. Now, as I've been stating for the previous trade analysis, I always am attracted to fakey pin bar set-ups... and this is one of them! Just for a quick trade, I have entered two trades at 2017.06.13 00:59 and 2017.06.13 03:04 one at 50% and one at top of the pin bar. I cannot guarantee that you can still enter at the 50% of the pin bar, but maybe you can still enter at the top. Quick trades like this, with a strong signal, requires good entry and big lot!
Long
by bearvsbullmarket
Forthcoming for Euro-Dollar (Update)--UPDATE-- Yesterday's session has given us another opportunity to go long with the Euro-Dollar pair. With the upcoming Euro economic event(s), this signal may partake with the saying "buy the fact, sell the rumor." The pair also made a lovely double bottom suggesting another push higher. -------------- From the recent upward push with the trading signal of the fakey price action bar wherein I called for a long set-up, the EURUSD -0.11% pair have yet again consolidated just few pips below the strong resistance ahead. With upcoming EUR economic data ahead, these are the several pathways this forex pair may go through.
Long
by bearvsbullmarket
Scary future for the EURUSDDays ago, I called a long set-up for this EURUSD pair for the formation of a bullish fakey pin bar along with trend which suggested a push higher on prices. Now, with this signal, I normally put in a huge lot for this is a strong signal. Today, I have placed my TP at 261.8% of the pin bar since the EURUSD will have a difficult days ahead. The black horizontal lines I've drawn are the Potential Reversal Zone (PRZ) of the forex pair. Be cautious!
Long
by bearvsbullmarket
AU-Yen*pun intended* With the continuing decline of the Aussie despite the higher ups of commodities, the pair has been struggling to push to the upside against a safe-haven currency. The same is occurring with AUDCHF considering that the Swiss Franc is also a safe-haven currency. Last trading session, the AUDJPY pair formed an inside pin bar which may suggest a further decline of the pair. The weakness of the Aussie can also be seen on several pairs except AUDUSD due to the huge sell-off of the Dollar.
Short
by bearvsbullmarket
Metals, upWhilst looking up at my trades -- and the technical outlooks -- of the market beforehand the NFP, several of them suggested a further decline on the Dollar. Meaning, bad NFP number; an increase on the annual wage growth would then be the only data that could save data. But no... NFP sealed the fate of Dollar. Beforehand the actual release of the data, I entered an order for this metal. I was not able to update my trade analysis as it was not on schedule and this is my first time trading other metals aside from gold and silver. I am now broadening my market.
FX_IDC:XPDUSDLong
by bearvsbullmarket
Great Britain Pound-Swiss Franc's decline continuation? Part IITwo days ago, we've seen the Great Britain Pound rise towards all of its pairs due to the decline of the Dollar... except from the Swiss Franc. After my re-analysis of this pair (see my previous analysis at my Link to Related Ideas), I've seen another trend line on play at daily. Despite the ongoing ascending trend line , there is still a trend line on 4-hour suggesting a downside trajectory. I will be holding my short trade and will see where this will go. For safety of others, I will be putting the Investment Strategy on Neutral.
by bearvsbullmarket
A study of my wrongdoing Yesterday at my "Euro's comeback" analysis, I've suggested a pretty cut long opportunity for some chosen Euro pairs: EURUSD, EURAUD, and EURJPY. The rationale for this "pretty cut long opportunity" is the strong buy signal -- a bullish fakey pin bar. I also suggested to you to read Nial Fuller's educational writing regarding the said Price Action Bar. If you did, you'd know it is ideal to enter at the 50 pct of the bullish fakey pin bar. However, for my own comfort. I enter a limit at 50 and a stop at top of the pin bar. I now have two running trades at each of my suggested long trade set-ups: at the 50 pct and at the top of the pin bar (except for EURUSD which never got to 50 pct so I chased it at 61.8 pct). I've been long EURAUD since 05.15.2016 (www.facebook.com This is my post regarding longing EURAUD and shorting AUDCHF); it had a fakey signal and also was an inside bar in weekly just right at the 200sma. Good spot to long! However, my emotion got to me and closed my trades early. If I haven't... just imagine what those 1 lot trades could be now . Lesson learned! Moving on...
Long
by bearvsbullmarket
Euro's comebackIMPORTANT NOTE: You should read my "Link to Related Ideas" to see the changes I've made. I've wrongly graphed the 4-hour chart regarding this Forex pair -- I adjusted it to the actual one -- and now I am seeing the final of the Euro rally relief -- comeback is real? On several Euro pairs such as EURUSD, EURAUD, and EURJPY, fakey pin bars have formed suggesting another push higher. For those looking for a thorough explanation about fakey pin bars, I suggest you look up Nial Fuller's educational articles regarding the said Price Action Bar. The link for the educational article can be seen at my facebook page (www.facebook.com) on my daily trading session update.
Long
by bearvsbullmarket
Another false breakout?-- I was not supposed to trade this pair but I forgot to cancel my orders due to high risk -- At exactly 2017.05.29 04:56 UTC +03:00, my sell limit for this pair -- right at the daily 200sma -- was triggered. Failure to remember I had an ongoing sell stop as well, it was triggered at 09:22 (few minutes from now). Considering that this pair has broken the daily support, possible descend may follow through. However, as seen on the previous days, false breakouts tend to occur within these levels. The possibility of forthcoming descend is 'supported' by the continuing weakening state of the Aussie Dollar -- weak economic data and weak commodity (such as copper) -- along with the recovery-state of the Crude Oil/Brent Oil. Since I'm already in the trade, I will hold my ongoing positions. I do, however, caution you to trade strong pairs v strong pairs, or pairs relating to Canadian Dollar. Better to trade Oil rather than Loonie.
Short
by bearvsbullmarket
Yen is back! (?) Several Yen pairs have formed inside bars which may suggest a reversal of the trend. However, some are already on the decline like my previous trade analysis: EURJPY. With the 200sma few pips ahead, another ascending trend line for the pair is on play. What's more wonderful is that the trend line and the 200sma are overlapping which may suggest that this pair will be jumping to the upside within this week. Does this mean that the US Dollar will be revived?
Short
by bearvsbullmarket
Euro's reliefThrough my previous analysis, I've shown you several short setups for the Euro currency. These includes EURGBP, EURUSD, EURJPY, and now, EURAUD! For several days, the Euro-Aussie pair has tested the resistance several times -- and failed -- leading to a descend on prices. In addition to this, a possible fakey signal has been formed. Fakey bar occurs only after a formation of inside bar where when the price action bar produces a pin bar that pushes through the inside bar's high/low. After the formation of the fakey, another inside bar formed again. Look out!
Short
by bearvsbullmarket