EUR/AUD, DAY CHART, SHORT (16-JAN-2017)Note:
Congratulation to those who follow our 2 short trades
on EUR/AUD last week!
Overall, we remain bearish on EUR/AUD
There is a long Descending Triangle Pattern.
Now, the price is reaching the multiple tested
strong support level at 1.418.
Here are 2 trading plans for this pair:
1. If the price managed to break 1.418 level, can
short with little risk or wait for Pullback to short for
right risk amount.
2. The buying pressure might come in from 1.418 level.
There is possibility that it will surge up to 1.44 neckline
level. Watch for short opportunity at neck line!
Lowrisk
AUD/JPY, DAY CHART, SHORT (8-JAN-2017)Note:
AUD/JPY is reaching the strong resistance zone at
86.2x level.
There are 3 potential trading plans for this pair:
1. We expect the price will approach the resistance
zone at 86.2x level. If there are 1 strong bearish or
2-3 bearish signals, we will choose to short.
2. There is possibility that the price break the resistance
zone and reaching the previous peak at 86.9x level
before heading down. Need to watch this level.
3. If the price break both resistance level strongly,
we will support bullish view on this pair
USD/JPY, DAY CHART, SHORT (15-JAN-2017)Note:
USD/JPY tested the resistance zone at 118.5 level
2 times and the bullishness was rejected.
Here, are 2 trading plans for this pair:
1. If USD/JPY managed to break the support zone at
114.5 level strongly, wait for pullback and bearish
signal to short.
2. If the price unable to break the support zone,
buying power might come in. In this case, wait the
price move back to resistance level near 114.5 and
waiting bearish signal to short!
AUD/USD, DAY CHART, SHORT (8-JAN-2017)Note:
From the big picture, we remain bearish on this
AUD/USD.
There are 3 possible trading plans for this:
1. If the price break the support line at 0.729x level
significantly, wait for pullback to short with right risk.
2. If the price continue pullback back. 0.742x level
will be next shorting opportunity.
3. if the price correction is way too strong, it might
restest the strong support line at 0.753x level.
Another better short area.
AUD/CAD, SHORT, DAY CHART (8-JAN-2017)Note: Congratulation for those who follow our trade
last week. If you never move your SL, your trade is
in good profit now.
We have 2 trading plans here:
1. Watch the next Support Zone near 0.96x level.
The price might have either some consolidation
or pullback.
Wait for right bearish signal to short.
2. If the price pullback again to the 20-EMA, wait
for bearish signal near 20-EMA to short.
EUR/AUD, DAY CHART, SHORT (5-Jan-2017)Note:
Overall, we remain bearish on EUR/AUD
There is a long Descending Triangle Pattern.
Now the price break the neckline aka the strong
support line.
After breaking this stong support line, we see a
slight pullback back on the support line and
heading downward.
There is a high probability that it will continue moving down.
NZD/USD, SHORT, DAY CHART (24-DEC-2016)Note: Congratulation to those who follow our winning
trade last week.
Overall, we are bearish on this pair due to both H&S
pattern and the trend following.
We have 3 Trading Plans for this trade now:
1. Wait the price correction back to resistance zone,
followed by bearish signal to short. Short with right risk
amount.
2. Watch the immediate support line at 0.683 level,
pullback high likely happen here. Wait for bearish
signal to short after breaking this support line.
3. Short now with little risk amount.
$ON Buy to Open 012016 13 CallPurchased just before massive Call Sweep Volume @ .45 Near the Money Calls; Broke 52 HOY on 121416, showed strength through-after FED Hike and conditions still in a less risky range (RSI, MACD, Lack of GAPUPS). Looking to Hold for possibly week-2 while catching hopefully 2-3x more new HOY. Exit Goal; Same as all Call Options @ 400% or expiry of Wednesday - Week of Call Expiry.
Selling Puts on AKS: Low Risk Very High RewardAKS Published good earnings 2 days ago
The stock made an intermediate high at $5.75 on this occasion
Today the company is announcing a stock issuance at $4.90
The stock price is down some 8% in adjustment to this news
Opportunity to SELL NOV 18 '16 $4.50 PUTS at c. $0.14/share
If exercised, the reward/risk will be a very compelling 2.8x
Adjusted for the risk premium, this would be more than 5x
If not exercised, pocket a 2.76% premium ($0.14/$5.07) in 3 weeks (+48% annualized)
GBPUSD Low Risk/High RewardingFellow Traders.
Please be patience and pay attention to this chart. It is a very important chart and it is what exactly I trade myself based on. In order to have a better understanding of this chart please try to import it by "Make it Mine" bottom.
Trade Safe and consciously.
Regards
-Masih
USD/JPY - Major Alert USD/JPY has been hovering within the triangle structure for the past week awaiting FOMC and BOJ updates.
Big Opportunity lurking.
TREND CONTINUATION - Await Price action upon close of the daily candle below the triangle structure.
- Enter short with TP 1 @ 100.00
Trend BREAK - Break of the Upper Red Line and Triangle Structure --> Massive Uptrend. Potential Long term trade to 120 level
- Enter Long @ close of Daily candle above the Triangle Structure.
- TP 1 @105
- Long Term Trade potential.
NZD/USD Break of Short term Structure - Potential 100 PIP MoveWaiting for the daily candle to close above the Triangle Structure shown. Take long position at re test of break level.
TP 1 - 0.74
TP 2 - 0.75
Potential Short Position also upon close of Daily candle below Triangle Structure.
TP along Lime Lower trendline
GBPUSD high probability entry setup in the next few hours.There is possibility of a head and shoulders pattern forming, along with macd divergence, and a break in the uptrend, IF and only IF those three come true, we have a chance of entering the trade when price retests the neckline and starts moving down.
Only once that retest is complete and price starts it's journey to the downside will we even think about entering this trade.
Set a "crossing up" and a "crossing down" alert below the neckline to make monitoring this possible set up easier for you.
Remember not to over leverage any position no matter how "sure" you are.