DXY SetupPossible reversal forming for DXY as we broke through resistance at NFP last week but failed to hold above it
Pipsincoming
EURUSD SHORT forming HH and LL a nice swing
pattern to go short also on the daily
SL: 1.18247 TP: 1.15891
GBPAUD 4 HR ShortGood technical set-up to go short this pair, but the fundamental announcements coming out tomorrow on super Thursday are going to cause high volatility. I am sitting this one out.
AUDJPY 4HR Long Looking for the BOJ to continue the dovish trend to weaken the yen. Looking to continue the trend to a 1:2 risk/reward ratio.
Enter @ 88
USDMXN Short 4HR ChartLook for shorting opportunities if prior support turns into resistance. On a fundamental side, NAFTA will start to be negotiated in less than two months. News regarding NAFTA can make this pair very volatile. Remember to use at least a 1:2 Risk/Reward ratio with proper risk management. I love Comments and Likes!!!
Collaboration? --->>>> traderkevin101@gmail.com
EURUSD Long 1 Hourshort-term trade going long on the EURUSD once it confirms a bounce off the trend line already established as resistance now testing again for support.
Likes, Comments, and follows are appreciated! :)
CAP/JPY Daily SetupWatch out for the Head and Shoulders play on this pair.
Everyone has a different way of trading this formation, watch out for this pair when it moves closer to resistance (or the neckline.)
Follows, Comments, and Likes are appreciated!
NZD/USD Long 4 HR chartLooking for a long set up on the NZD/USD -0.21% . Four parallel bullish channels mapped on the graph and the pair is bouncing off the longer term downward channel . Scroll out for a better view.
Follows, Comments, and likes are appreciated.
Kevin
USDJPY Short 4HR ChartLooking for an opportunity to get short this pair on the four hour chart. If the US comes out with bearing numbers tomorrow it will be a good opportunity to get into this position. Other places to look for USD long exposure is the USDCAD For a longer term set up. If you have a bias against the dollar look to the EURUSD for a long position off support.
-->> traderkevin101@gmail.com
NZDCAD Long 4 Hourlooking to buy off support once the symmetrical triangle is broken on the 4 hour chart.
Comments, Questions, or collaboration? ---->>>> traderkevin101@gmail.com
GBPJPY DAILY - 600+ PIPS??GBPJPY Daily Chart
- Looking to go long if price stalls near 61.8 (PRZ)
- Monthly key level (140.000)
- Weekly TL confluence
- 600 Pips from C to D
Second Scenario - Bullish ABCD
AB: completed
BC: completed
CD: Valid if price breaks past 140.000
D leg should terminate around 132.500
Have a great weekend!
Double Bottom 300 PipsDouble Bottom - Almost break of the neck line.
Look to enter retest of the neckline.
Resistance Turned Support Quick first glance idea,
Price had been pretty sideways on USDCHF for the latter part of 2016, and in the last few months it broke above resistance, which led to a rally all the way up to a previous yearly resistance level. It is now coming back down to retest resistance as support , and price is bouncing off the zone.
Also, taking a look at the 1H chart, there's currently an upside down quasi -head & shoulders pattern, which may suggest continuing bullish movement.
Looking to take this trade with stops below support - 0.99000, and long term targets at 1.02000 and 1.03400 for about 1.5:1 to 3:1 risk to reward
We'll see what happens....
AUDUSD will be bullish.Catch thatOne of the best opportunities in these slow market times :) Buy this shit as soon as possible with great RR(RISK REWARD) ratio :) ALL my levels are in the chart,use them carrefully.USD is overpriced,and i think there is no chance for USA to hike rates 3 or 4 times as announced in 2017.Bullshit :) there will be max 1 rate hike,then USD will crash again.TRUMP is not sure place to invest,you dont know what will he do.AUD IS UNDERPRICED ASWELL, Australian bank announced good move at economic and very good forecast.Watch FIBo levels aswell as Support level and double daily bottom.Use very good MM as well.EARN less money,risk less money.GOOD trade will do some cash even with small positions :) TRADE ACTIVE :)
USDJPY my view- TWO SCENARIOS ,BOTH BEARISH I think its time for USD index to drop a little back as well as Japanese Yen to take some strenght again in January 2017.I will sell that right after the new year begin with small position.Then if it reach 119-120 levels,i will short that for big position again With good MM of course .I will Aim for 115 level where i will close some part of position and will continue to 113 ,which will be my final target and then i will long UJ again :) pretty simple , GOOD LUCK and Wish many pips on that :)
So in conclusion
First order - SHORT @ 117.500 TP 115 (description) SL 121.8 small position !!!
Second order will be limit order with SELL limit on 119.5-120 ,same TP,same SL , Big position :)
GBP/USD follow the 20DMA for sell opportunitiesThe 20 day moving average has frequently capped price action and presented great sell opportunities.
Selling on any failed attempt of price to move higher than the 20 DMA is advised with stops at least 50 points above the 20DMA.
USD/JPY Selling Opportunities Global risk sentiment prevails and is driving the Yen higher - selling opportunities are open at tests above the 20DMA and at price action above 100.800 going towards 101.00. Expect Brexit worries to continue strengthening the Yen in the coming week.
