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CAD/JPY quick in quick out in the past week the CAD has seen a lot of strength against the JPY, seeing buy pressure off its weekly uptrend and weekly zone. now we see minor consolidation on the lower timeframe which could provide us with a trade for a few pips to the upside. what we are seeing is buy pressure coming in 3 times at the 4h zone and now has broken the lower timeframe downtrend. what we will be looking for now is some kind of move to the downside and buy pressure to come back in at one of the fib levels to then place an entry to the upper 4h zone for a day trade. we will only enter this trade if we get price action and entry confirmation highlighted ion our free course which you can find on YouTube.
Long
by Trade_Rocket_Investments
EURJPY Forecast - is Bullish/Buy!Dear traders, Here is your EURJPY Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “5”, and the JPY stands at “1”, meaning that the EUR is stronger than the JPY, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is placed at 133.05 (with a 1% risk position size) Our 2nd BUY Limit is placed at 133.88 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 134.24 Our Stop Loss is placed at 132.66 This is a 120 PIPS trade - Risk Reward 1:6 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
1
USDCAD Forecast - is Bullish/Buy!Dear traders, Here is your USDCAD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “3”, and the USD stands at “4”, meaning that the USD is stronger than the CAD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is placed at 1.2174 (with a 1% risk position size) Our 2nd BUY Limit is placed at 1.2157 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.2245 Our Stop Loss is placed at 1.2125 This is a 80 PIPS trade - Risk Reward 1:2.6 (THIS TRADE CAN BE HELD TO MONTHLY HIGHS) Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
1
GBPUSD : Correction about to Finish & Bull rally continuesSo... on GBPUSD on this Timeframe we are looking @ the following . 5 wave Impulse to the upside completed as indicated in our Blue degree. Correction which is a combination structure about to Complete @1.40500 to 1.41000 We have a WXY correction in our Orange Degree which also has another WXY smaller degree in our Y wave. The correction is gonna end @1.40500 to 1.41000 where we have FIB level 100% to 1.236 of WX of our smaller degree in Black. Also is @ a FIB zone or Level @1.618 of the wave W&X of the Higher degree in Orange. Lastly @1.40500 to 1.41000 is a FIB level 50% of the 5 wave Impulse from 1.38117 to 1.42114, so this is where we will be buying GBPUSD again. PLEASE follow your own RISK MANAGMENT and TRADE RESPONSIBLY.....
Long
by Theofylrx
GBPCAD Forecast - is Bullish/Buy!Dear traders, Here is your GBPCAD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the CAD stands at “5”, meaning that the GBP is stronger than the CAD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is placed at 1.7128 (with a 1% risk position size) Our 2nd BUY Limit is placed at 1.7099 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.7237 Our Stop Loss is placed at 1.7067 This is a 150 PIPS trade - Risk Reward 1:4 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
XAUUSD : Correction Complete and bullish continuationBullish continuation is Expected. So.... using EW( elliot-wave ) : The higher degree has Completed Wave 1 & 2 the onto creating Wave 3, 4 and 5, so we are still expecting the creation of these Waves 3 to 5, so this means bull rally on Gold is still gonna continue. Lower Degree Labelled in Orange has completed wave(s) 1 to 4 , it has finished wave 4 with a WXY structure @ 100% - 1.236% to confirm completion of the structure, so now onto creating Wave 5 of this smaller Degree. Buying Around these price levels is recommended but follow your own Risk management with this one. Also look @ Daily or Weekly Timeframe, there Gold just or is about to finish the Re-test where it broke @1849.915 PLEASE NOTE/REMEMBER: We are still gonna be in an uptrend til we finish up the wave(s) 3, 4 and 5 of the higher Degree, and only then we will look for the other Direction once these have Completed. Best of Luck, and Trade responsibly.
FX:XAUUSDLong
by Theofylrx
AUDNZD Forecast - is Bullish/Buy (Aussie shall Rise)Dear traders, Here is your AUDNZD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “2”, and the NZD stands at “1”, meaning that the AUD is stronger than the NZD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is placed at 1.0728 (with a 1% risk position size) Our 2nd BUY Limit is placed at 1.0704 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.0923 Our Stop Loss is placed at 1.0664 This is a 200 PIPS trade - Risk Reward 1:5 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
7
GBPCHF Forecast - is Bearish/Sell (Sterling shall Sink)Dear traders, Here is your GBPCHF Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the CHF stands at “7”, meaning that the CHF is stronger than the GBP, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL Limit is placed at 1.2678 (with a 1% risk position size) Our 2nd SELL Limit is placed at 1.2697 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.2554 Our Stop Loss is placed at 1.2720 This is a 130 PIPS trade - Risk Reward 1:6 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
NZDUSD Forecast - is Bearish/Sell! (Kiwi shall Sink)Dear traders, Here is your NZDUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the NZD stands at “2”, and the USD stands at “3”, meaning that the USD is stronger than the NZD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL Limit is placed at 0.7213 (with a 1% risk position size) Our 2nd SELL Limit is placed at 0.7226 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 0.7123 Our Stop Loss is placed at 0.7244 This is a 100 PIPS trade - Risk Reward 1:5 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
AUDNZD Forecast Update - Nothing Changes: Short/Sell!Dear traders, Here is your AUDNZD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL Liimit is placed at 1.0728 (with a 1% risk position size) Our 2nd SELL Liimit is placed at 1.0762 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.0488 Our Stop Loss is placed at 1.0803 This is a 200 PIPS trade - Risk Reward 1:5 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz
2
EURUSD Forecast - is Bullish/Buy!Dear traders, Here is your EURUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the USD stands at “2”, meaning that the EUR is stronger than the USD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is placed at 1.2140 (with a 1% risk position size) Our 2nd BUY Limit is placed at 1.2102 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.2322 Our Stop Loss is placed at 1.2058 This is a 200 PIPS trade - Risk Reward 1:5 Chart Timeframe; H8 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
2
CHFJPY - moving to the upside we are looking for a long on CHFJPY, the reason for this is that we have seen consistent upward momentum on this pair alongside fundamental direction being to the upside with the JPY being the weakest currency for a few months now. at the moment we have seen a higher timeframe exhaustion and now buy pressure is coming back in, what we will wait for now is minor exhaustion and entry confirmation to place a trade to our next major level of sell pressure being our monthly zone.
Long
by Trade_Rocket_Investments
GBPJPY Forecast - is very Bullish/Buy!Dear traders, Here is your GBPJPY Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the JPY stands at “0”, meaning that the GBP is stronger than the JPY, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is placed at 154.60 (with a 1% risk position size) Our 2nd BUY Limit is placed at 154.25 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 157.28 Our Stop Loss is placed at 153.81 This is a 250 PIPS trade - Risk Reward 1:6 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
GBPUSD Forecast - is Bullish/Buy!Dear traders, Here is your GBPUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the USD stands at “2”, meaning that the GBP is stronger than the USD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Liimit is placed at 1.4151 (with a 1% risk position size) Our 2nd BUY Liimit is placed at 1.4125 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.1860 Our Stop Loss is placed at 1.2202 This is a 180 PIPS trade - Risk Reward 1:5 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
EURAUD Forecast - is Bullish/Buy!Dear traders, Here is your EURAUD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the AUD stands at “1”, meaning that the EUR is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is placed at 1.5800 (with a 1% risk position size) Our 2nd BUY Limit is placed at 1.5773 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 1.5923 Our Stop Loss is placed at 1.5733 This is a 150 PIPS trade - Risk Reward 1:3 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Long
by Deeppoketz
AUDUSD Forecast - is Bearish/Sell!Dear traders, Here is your AUDUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “2”, and the AUD stands at “1”, meaning that the USD is stronger than the AUD, thus only looking for Bearish /Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell Liimit is placed at 0.7729 (with a 1% risk position size) Our 2nd Sell Liimit is placed at 0.7741 (with a 1% risk position size), totaling a 2% risk, should both positions get filed. Our final Take profit is placed at 0.7629 Our Stop Loss is placed at 0.7785 This is a 100 PIPS trade - Risk Reward 1:2.5 Chart Timeframe; H4 Thank you. Like & Subscribe. Trade Smartly.
Short
by Deeppoketz