Imoneycorp
AUDUSD LONG OPPORTUNITYAUDUSD pair has been on a consolidation mode. The pair is expected to fall at some point but in the meantime. My expectation of the pair is that it will rise to the level of .80100
Remember to use good risk management.
Avoid over trading. Be smart.
Is trading easy? Absolutely not! Is it worth? Hell yeah!
CADJPY SHORTING OPPORTUNITYCADJPY has a shorting opportunity for a couple of pips. This is a setup I call quick-pips to set the mood for the day.
Remember use good risk management.
Avoid over trading always and at all costs. It is not about what you can do in a day but what you can do in a week, month, year and so forth.
Today is all you have and it's all you need to change your life.
AUDCAD LONG OPPORTUNITY H4AUDCAD pair on a good long opportunity.
Expected target 0.99220
Use good risk management.
Avoid over trading. Take one to two trades at a time and always. Finish with them move on to the next ones.
A river cuts through a rock not because of it's power but because of it's persistence. Keep kicking the market it will soon accept your hits.
AUD/USD Forecast August 28, 2017, Technical AnalysisThe Australian dollar exploded to the upside as Janet Yellen gave her speech on Friday. The 0.79 level has even offered support on the short-term pullback, so I believe that the market is going to go looking towards the 0.80 level above. However, breaking above that level is going to take a significant amount of momentum for the market to do so. In fact, I do not believe it can happen until gold markets break significantly above the $1300 level, as it would be yet another catalyst for the Australian dollar to rise. If we do break above that level, then I think that the market is more a “buy-and-hold” situation. Otherwise, I suspect that the first signs of exhaustion could be a nice selling opportunity, as that level has been so important over the last several decades. All things being equal, I will probably be selling these rallies at the first signs of weakness, because the 0.0 level has been so important. However, it’s also been broken above several times in the past as well, so breaking out is not going to be impossible.
If we were to turn around to drop below the 0.79 level, that would be extraordinarily bearish and happy shorting this market rapidly. This is especially true after the impulsive move during the Janet Yellen speech, to a race that would be a very negative sign. Ultimately, at that point I would expect the market to go down to the 0.78 level, and then probably the 0.7750 level which was a major resistance barrier in the past, and should now be supportive. Volatility will be a constant in this market, and less of course we get that move above $1300 in gold which would give us fundamental reasons to believe that the Australian dollar market would continue higher.
UPRISING CHANNEL GBPUSD FOR GOING LONGUPRISING CHANNEL identified at 22-Aug-0630. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2950 within the next 14 hours.
Supported by RSI above 50%
Remember use good risk management.
Avoid greed at all costs.
NB: iMoneyCorp ideas are merely presentations of his analysis of the markets and not presentation of any actual position of the market at the present time. Copy them at your volition. Your capital is at risk.
SET UP FOR THIS WEEK; GBPUSD WITH PROFIT TAKE POINTIt's been a while since I posted on here but I gotta give back to the community for it is this community that build me up. So one of my set ups for this coming week; check it out and be a part of the movement.
Remember trading is like any other business! Calculate your risk well, find the right point to enter the market and ensure greed is not a factor of your motivation in this. Good luck.