GBPAUD SS Short + 116 Pip PotentialPrice is Below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
Entry = 1.8166
Stop = 1.8185
Risk = 20 pips
Profit target = 1.8050( The projected daily )
Reward = 116 Pips
RRR = 5.8 -1
* There is no Breakout trade as this pair is extended
Ichimoku_trader
GBPAUD SS MA PB Short + 60 Pip PotentialWe have a nice down move in the GBP pairs, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.8200
Stop =1.8220
Risk = 20 pips
Profit target = 1.8140
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
GBPNZD SS MA trade + 84 Pip PotentialWe have a nice down move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.9305
Stop = 1.9325
Risk = 20 pips
Profit target = 1.9221
Reward = + 84 Pips
RRR = 4-1
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
GBPJPY SS Short + 88 PIp PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 136.23
Stop =136.43
Risk = 20 pips
Profit target = 135.35 ( The projected daily low )
Reward = 88 Pips
RRR = 4.5-1
2nd Entry = 135.50
Stop = 135.80
Risk = 30 pips
Profit target = 134.60
Reward = 90
RRR = 3-1
EURAUD Post News Long + 60 PIp PotentialAUD weaken significantly after the Monetary Policy meeting minutes were released. So lets take advantage. This pair has now gone into a consolidation between 1.6418 (High) and 1.64068 (Low). Moreover, it is now Above the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 1.6408
Stop = 1.6388
Risk = 20 pips
Profit target = 1.6468
Reward = 60 Pips
RRR = 3-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
Be aware that ECB President Draghi is scheduled to speak at 4am EST. and that will directly effect this trade
GBPAUD SS Short + 103 Pip PotentialPrice is below the Daily, and 60 as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8341
Stop = 1.8361
Risk = 20 pips
Profit target = 1.8238 ( The projected daily low )
Reward = 103 Pip
RRR = 5-1
2nd Entry = 1.8289
Stop = 1.8314
Risk = 25 pips
Profit target = 1.8209
Reward = 70 Pips
RRR = 2.8 - 1
GBPJPY NEWS Short + 100 PIp PotentialAlthough, I am not a big fan of taking trades late in the US Session, This news trade is a good one. That said, please use appropriate risk management as the spreads tend to expand considerably late in the US Session into the Sydney Session.
We had a good push down on the GBP pairs on UK Brexit news and this pair has now gone into a consolidation between 137.73 (High) and 137.564 (Low). Moreover, it is now below the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 137.72
Stop = 138.02
Risk = 30 pips
Profit target = 136.62
Reward = 100 Pips
RRR = 3-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
GBPAUD SS MA Long + 60 Pip PotentialWe have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.8301
Stop = 1.8281
Risk = 20 pips
Profit target = 1.8361
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
GBPAUS SS MA Trade +60 Pip PotentialWe have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.8247
Stop =1.8227
Risk = 20 pips
Profit target = 1.8320
Reward = + 60 Pips
RRR = 3-1
* Understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
GBPCAD SS Short + 132 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.6932
Stop = 1.6952
Risk = 20 pips
Profit target = ( The projected daily low )
Reward = 132 Pips
RRR = 6.6-1
2nd Entry = 1.6852
Stop =1.6882
Risk = 30 pips
Profit target = 1.8762 (statistical target)
Reward = 90 Pips
RRR = 3-1
** Please be aware that UK GDP is scheduled for 4:30 am est. and will directly effect this trade.
USDCAD SS Short + 101 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.3304
Stop = 1.3324
Risk = 20 pips
Profit target = 1.3203 ( The projected daily low )
Reward = 101 Pips
RRR = 5-1
2nd Entry = NEED a CLOSE below 1.3263
Stop = 1.32??
Risk = 20 pips
Profit target = 1.3203 ( The projected daily low )
Reward = approx 55 pips
RRR =2.5 -1
GBPCAD SS Short + 123 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.6968
Stop =1.6988
Risk = 20 pips
Profit target = 1.6845 ( The projected daily low )
Reward = 123 Pips
RRR =6.15 - 1
2nd Entry = 1.6937
Stop = 1.6967
Risk = 30 pips
Profit target = 1.6845 ( The projected daily )
Reward = 92 Pips
RRR = 3-1
** Be Aware that Cad employment news is scheduled for 8:30 am est.,which will directly effect this trade and US Non-Farm payroll is scheduled for the same time which will indirectly effect this trade.
GBPCHF SS Short + 60 Pip PotentialPrice is below the Daily and the 15 KS as well as the cloud, but above the 60 KS. This is a Type 2 trade with a High probability and good RRR.
Entry = enter short on a CLOSE, not a penetration, below the 60 KS at 1.25932
Stop = approx 1.2610
Risk = 20 pips
Profit target = 1.2530 ( The projected daily low )
Reward = 60 Pips
RRR = 3-1
GBPCHF SS Short + 90 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2641
Stop =1.2661
Risk = 20 pips
Profit target = 1.2551
Reward = 90 Pips
RRR = 4.5 -1
2nd Entry = 1.2608
Stop =1.2638
Risk = 30 pips
Profit target = 1.2551
Reward = 57 Pips
RRR = 2-1
GBPJPY SS Short + 87 Pip PotentialWe have several good Type 1 Trades on the GBP pairs today. This is the First:
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 136.99
Stop =137.19
Risk = 20 pips
Profit target = 136.12( The projected daily low )
Reward = 87 Pips
RRR = 4.35 - 1
2nd Entry = 136.55
Stop = 136.85
Risk = 30 pips
Profit target = 135.65
Reward = 90 Pips
RRR = 3-1
GBPAUD SS Short + 90 PIp PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8220
Stop =1.8240
Risk = 20 pips
Profit target = 1.8130
Reward = 90 Pips
RRR =4.5-1
2nd Entry = 1.8170
Stop = 1.8205
Risk = 35 pips
Profit target = 1.8080
Reward = 90 Pips
RRR = 3-1
GBPAUD SS Short + 78 Pip PotentialThis pair has been in a slow downward grind all week. it is due to explode.
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8249
Stop = 1.8269
Risk = 20 pips
Profit target = 1.8171 ( The projected daily low )
Reward = 78 Pips
RRR = 3.9 -1
2nd Entry = 1.8209
Stop = 1.8239
Risk = 30 pips
Profit target = 1.8119
Reward = 90 Pips
RRR = 3-1
GBPAUD SS Short + 107 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8283
Stop = 1.8303
Risk = 20 pips
Profit target = 1.8176 ( The projected daily low )
Reward = 107
RRR = 5.35 -1
2nd Entry = 1.8251
Stop = 1.8281
Risk = 30 pips
Profit target = 1.8176 ( The projected daily low )
Reward = 75
RRR = 2.5 - 1
GBPAUD SS Short + 114 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8318
Stop = 1.8338
Risk = 20 pips
Profit target = 1.8204 ( The projected daily low )
Reward = 114 Pips
RRR = 5.7 -1
2nd Entry = 1.8277
Stop = 1.8307
Risk = 30 pips
Profit target = 1.8204 ( The projected daily )
Reward = 73 Pips
RRR = 2.4 -1