CADJPY Short - Selling the RetraceAnother fractal lining up on CADJPY, with impulses followed by retrace. Good time to sell according to my trading plan. Will track here. Cheers.
Gmercerfx
CHFJPY Short - Timing the MarketThis is a retrace on a bearish impulse fractal. I like momentum, good place to short. Good R/R (10 even). Active for me. Cheers
EURAUD Long: 10 RIn a rare case I'll trade on Sunday. I like momentum in early Sunday trading hours for this pair. Good R/R. Cheers
AUDJPY Short - Continued DownsideI like the momentum bearish here on the Aussie and strength in the Yen, as I've been mentioning all morning. Shorting here on a retest. Cheers
UDSJPY Short - Clear Break in Market StructureYen is gaining strength (See CADJPY Short). I like this pair even better since its rally was shallower and we have a clear break in market structure.
GBPCAD - Low Risk ShortFrom a top down approach, this level looks good for a weekly short. I'd like to hold this through NFP to target if price does turn here. Cheers.
NZDJPY Short - Another Long Yen Setup on Brief RallyHere is another long yen setup with 2 R. The bearish motive wave has retraced to an acceptable sell level for my trading plan. Use your own judgement. Cheers.
EURNZD Bullish - Continue to New Yearly HighsBuy setup here on short selloff. Buying to new yearly highs. Cheers.
CADJPY Short to Bottom of RangeNice bearish impulse here on the 1H. Would like to sell on a slight rally toward bottom of daily range.
Potential Reversal on ISM ReleasePop in AUDCAD on the lower TF's, top-down analysis says target is around 7R
GBPAUD Short - Bearish Break, Selling on RetestAs title suggests, simple retest sell to daily lows. Roughly 2 R. Cheers
EURJPY Short - Top of Wedge to Bottom of WedgeVery simple 2:1 R/R setup. Impulse down, corrective rally ready to drop again toward target.
AUDJPY Reversal ComingSell stop below recent lows. I like the way this is losing momentum, with overall bearish bias to target.
USDJPY Short - Re-entry after Breakeven, 4+ R/RI'm re-entering after closing at breakeven, volatility form crude inventory has added new vigor into this pair and all USD pairs. Cheers.
USDJPY Short - Trade of the DayI like a short here from the top of the descending wedge. Big R/R. Daily trend is down, could see new weekly lows before rebounding. Cheers
GBPCAD Short - Scalp from Top of Range, Hold for Potential BOGBPCAD is setting up at the top of its short term range. I like a tight stop due to bearish momentum on smaller timeframe. Quick move to breakeven with a hold to solid R/R on Daily TF.
GBPJPY Short - Pinbar Rejection with 2:1 R/RI'm posting a couple of trades I'm looking at this morning. This is a technical set up with 2:1 R/R. I like the bearish momentum on smaller timeframes. Cheers
NZDCAD Short - Pinbar Rejection and Higher TF Motive WaveHere's another setup I have, with short entry below pin and target below daily low. 4.5 R/R. Cheers
EURJPY Short - Rising Wedge to Continued BearishnessLong term, this pair has shown some bearish impulses that I think will continue. This bearish wedge is a good way to enter. Tight stop and quick move to breakeven reduces risk and maximize reward if entry is correct. Cheers
NZDCAD Short - Big R/R From Top of RallyThis could be the top of the short term rally. I'm keeping a close stop and looking for a big target. Keep an eye on 1-5m timeframes. Cheers.
USDCAD - Trading the Daily RangeHere are a couple of trades I'm looking at on USDCAD. If it drops to long entry, I want to see it gain positive momentum on the lower (1m, 5m) time frames. If it does, both trades are applicable. I like the energy this pair has today, could through it over ranges and call for a reprice on both sides. Cheers
GBPCHF 4H - Ready to SELLI like a short here on GBPCHF. Lots of bearish confluence. Reversals on both currencies (positive for Franc, negative for Pound).
Here's my current wave count on the 1m timeframe:
Would love to see new highs into the sell zone and a bearish impulse before shorting. Cheers
