Buytrade
USDCAD - Trade Setup ( NFP )Hello friends , so Today i will be looking for this pair for Buying . we saw yesterday USDCAD moved very well as i was expecting , but the thing is will today USDCAD move again or not , i am hoping it might give some heavy dip and then UP , overall my view is Bullish ...
Have a Good day !
(USDCAD) LOOK FOR BOUNCE FROM SUPPLY ZONE 1.35000!!Hope everyone's enjoyed a break, I took a lot longer then expected with moving in the process so I will have a mic set up very soon for more chart insight from myself! Anyway I thought id just share my view here on USDCAD and then cover some more pairs on request... The start of January is always quiet but as price picks up ill be watching this pair around the key area of 1.35200 for a possible bounce to continue in the current 4hr zone or a possible break of sideways structure for a move lower.
USDJPY - Trade Setup that Matters !Hello dear fellows, thanks for your Love and Appreciation that i am receiving since i actively publish trade ideas again.
It has been long time since i posted the Weekly Trade setup. SO , here is my coming week's Trade Setup which i will be actively watching and might
share with you when i will be in this trade .
( PS : i am not an artist so you guys never see my charts full of colors or lines or indicators or Artwork. i always like to publish simple charts
so everyone can understand easily ! )
Trade with Strict Risk Management and this will be not your Last Trade so do not attach to it emotionally!
EURUSD new upside leg BUY area!!Looking to see if we can see a push from the current area or maybe a little dig down into the 0.99 support for then price to continue the upside rally to the last long term lower high... either way we should get a small move up so will look at entering and moving stops to break even..
USDCAD - RISK COMES FIRST! UPDATEAs always make sure stops are at break even if you took buy trades, price is in an area of 2 key levels as highlighted and can do anything from here... (create a right shoulder for a short) or ( continue long term continuation to the upside). I believe price will be slow and will be waiting for a reaction to the fundamentals before giving a clear direction!
AUDJPY / BUY TRADE SETUP!!Ill be monitoring price around the highlighted zone (91.650) early next week to see how price reacts. We should see a bounce at the least which ill be taking long trades to give myself the opportunity to hopefully see price return to the resistance of 95.700. On the daily you can see we have already had one rejection from this support zone, so a nice morning star formation on the daily would be a good indication to take entry's! As always trade smart risk appropriately!!
GBPCHF Long Trade SetupA bullish opportunity recently presented itself on the pound-swissy trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 1.11000 psychological level. A stop loss below the 1.10500 psychological level and a profit target anywhere between your entry and the swing high of 1.17791 could give you a reward-to-risk ratio as high as 4 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
FX:GBPCHF
Stay frosty!
Your FX Plug
EURAUD finally time for some buys!!Price just starting to dig into a nice area of support down at 1.450. On the daily here you can see the nice short position I'm now looking at hedging my last little remained of the trade to now look at buys. A few more candles on the daily to confirm that this level is going to once again show support then ill be entering long term buys with a 50% take profit at the first trend retracement level. Hope everyone is doing well and I will be more active very soon!