Get started

Dynamic

TSS SYMMETRICAL TRIANGLE-daily time frame showing in uptrend showing strength -intermediate time is showing symmetrical continuation pattern in uptrend..finding dynamic support on Long term MA -volume showing positive volume pressure -measured move shows potential to run to 59.84 which is .30 cents above previous resistance if resistance broken-up onwards! -looking for entry from 59.22 to 59.38 area if pullback occurs to trendline if not towards 59.50 area to play the breakout..watching price action -will not enter if it breaks minor upward trendline -risk reward = 3.12 -stop at 59.05/ price target 59.8x area
TLong
by inco1
USDJPY ANALYSIS WEEK OF JULY 24, 2016Weekly: Price has hit a major support area at 101.500. It has been a nice test but It will have to retest it sooner or later. Daily: Looking at the daily price is moving on a nice downtrend. Price hit and rejected the 50 MA numerous attempts confirming it has turned into a dynamic resistance. 4 Hour: There can be either of two areas which can bring price down to make a lower low. 106.500 - 107.500 range and/or 109.000 if price decides to move that far for its continuation down. A nice TP should be around 99.500 area. Wishing everyone a good trading week!
Short
by Jnwsk
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
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
AUDNZD DAILY SHORTIM ALREADY SHORT IN THIS PAIR BUT IF PRICE RETRACES AND TAKES ME OUT OF THE TRADE THEN THE NEXT LEVEL I'D LOOK TO SELL IS AT MY CLUSTER ZONE/SELL ZONE. IVE GOT LOADS OF CONFLUENCES AT THIS LEVEL WHICH ARE THE 0.5 AND 61.8 FIB, SUPPORT TURNED RESISTANCE STRUCTURE LEVEL, MAJOR TRENDLINE, DYNAMIC RESISTANCE (50 MA) AND A NICE PSYCHOLOGICAL ROUND NUMBER (1.03000). Another confluence is this trade setup is in line with the fundamentals because the RBA (reserve bank of Australia) said there is a possibly there could be another rate cut in the period ahead.
Short
by remelthomas
1
EURUSD, USDCAD , DXY index Dynamic intraday hedging Dynamic intra day hedging: Fundamentals and and a lack of interest in the euro has has it fall substantially, USDCAD is -95% corralated to the EURUSD and we have seen a strong canadian dollar over the past few d ays. effectively by creating two positions one short on the eurusd and one long in usd cad with the same lot sizes we can effectively minimize risk. we can minimize risk even more by then adding the two lot sizes from eurusd and usdcad to create another positions in the dxy which then minimizes risk even more
INDEX:DXY
by GOVYTrader