BEARISH TRENDLINE BREAK (4Hour) USD/CHF following a break and close below a near term trend line A close below 0.97790 on the 4 hour chart could lead us down to 0.96800.
Trades
LONG GBPCHFI am going long this pair because all timeframes I watch are aligned and the setup was very obvious. I think this trade (if correct) could be held for a longer period.
short term Short on AUDJPYI am taking a short term short position on this pair with all rules applying except it is in some strong buying area so it basically betting that price will at least revisit the lows
I am taking half the full risk on this trade because of that obstacle I am seeing.
TSLA Short CircuitDeclining Triangle formation on top. Not very symmetrical but OBV indicates insider activity is a prelude to negative earning announcement. Entry can be at current price levels if there is no bounce prior to earnings. Uncertain a straddle straddle strategy is ideal but only when Implied Volatility is high.
Short USDCHF on possible RetracementI am taking this short dispite the quick snap back up to supply because this are has good structure, is in line with my rules, and made a new low under the old areas of demand. the V that this price has created is a little scary, but it still follows my rules.
Short GBPJPY on early entryI am betting that this pair will continue to move lower. it took a smack at the supply zone and has some rom to potentially move lower.
Short EURUSD I am short the EURUSD with a wide stop about the last supply/resistance whatever you want to call it. It didn't hold down out of the little tight range it is in like I had hoped. so the momentum I thought was going to be there, wasn't there.
I entered this position missing a few criteria. So it was not a very successful trade.
Long EURAUD Hedge I am calling this a hedge but it is a test trade because I think the macro trend is going to turn up for maybe a little bit in this pair. but I am not nervous to take it because of my small risk and opposite position short the dollar AUD.
I am taking this trade because it took out supply for the first time since reaching these macro demand levels.
REversed position on AUDUSD I was previously short this pair, but price showed me rather quickly that I was wrong. so I exited all USD Long positions and put on a small position long AUDUSD to see how long the trend will continue.
Short AUD position against major trend momentumI am going short against the major trend with half position because I like how price hit a wall against old supply level and began fading back to some used up demand zones. zones that might be easy for sellers to remove if the buyers are all used up. but I am cautious because of the momentum and will jump out if it starts to act like a short term pull back
USDCHF LongTrade taken, rules apply. plenty of space to se if the lows hold or if I am going to be wrong.
I think the dollar might gain some strength in the coming week or 2.
Trade Attempt I had placed trade when price failed at resistance but didn't wait for demand to be removed to confirm higher probability of strong selling
AUDJPY heads down lowerWith prices breaking an area of high support and further retracing back up to the support region. This aussie pair likes like might be creating a 5 wave move lower. Happy trading everyone
Scalp Trade Short on EUR/JPY SELL SELL SELL !!!This is a scalp trade
not the best but i chance to catch a quick 50 pips
reasons for
-Price has come to key area of 130.00
-Price has bounced of with two bearish candles
-Price will need to make a move lower before any bullish movement
-A small correction is needed
A few more reasons to but not worth me going into detail :)
Enjoy trade safe
EURJPY / 1HR / POTENTIAL BAT PATTERNBAT PATTERN
PAIR: EUR/JPY
TIME-FRAME: 1HR
TRADE: BAT PATTERN
There's a potential Bat Pattern forming on
the EUR/JPY 1 hour time frame.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
AUDUSD / 4HR / POTENTIAL CYPHER + (VIDEO)Updated video: www.youtube.com
Let's take a look at today's trading together.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
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Bi-directional Trade Ideaswatch for a breakeout in either direction and trade accordingly.
in case of a breakeout expect the price to reach the indicated targets.
use a stop loss of around 1.5% for optimal Risk/Reward Ratio
NZD - 1HR TrendThe NZDUSD is in a really interesting place right now it is currently trending upwards and looks like it will be doing so at least for the next few days.
I am currently short right now however I will be buying and selling several times within this trend.
I was long yesterday.
This is an incredible opportunity with the average trade ranging from 50-70 pips.
Trigger Trades - Precision Trading
