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USDSGD

USDSGD: Interesting long setupWe have an aggressive long entry here in USDSGD, I copied the rally from April 29th, 2015, since it matches the current prices very well to illustrate what is possible here. There was a downtrend which has expired and we're above weekly support, so we can expect higher prices soon. In the 4h chart we can observe a potential uptrend forming, so it's potentially a good long entry here, even though it is indeed early to join the long side. We should see this pair gain traction after the FOMC meeting, let's give it a try and see how it goes. Good luck! Check out my updated track record here: pastebin.com If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.57% on such information.
Long
by IvanLabrie
7
USDSGD: Go long at marketWe can enter USDSGD here, with stops under stops under 1.3374 ideally. Give it some breathing room! You can see that my posts are pretty straight to the point. No waiting involved, this is a trade setup, now! ;) If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers, Ivan Labrie. Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Long
by IvanLabrie
2
USDSGD W Bullish BAT PATTERN @ 1.2800Hi Guys, Cypher pattern which has good support plus a big psychological level @ 1.2800. Good area to look for long trades. Lots of pips to risk on this trade so micro lots will be used. This is a bullish CYPHER pattern @ 1.2800 and stop loss will be placed below the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 600 pips x 2 = 1200 pips Reward #1: 630 pips. R:R = 1:1.05 Reward #2: 1000 pips. R:R = 1:1.65 Plan your trade... Trade your plan.
Long
by Krunal.Patel
USDSGD: Good chance to go longI reccomend going long USDSGD, both with a 3 times the daily ATR stop loss, as well as a tighter stop below 1.3506. There seems to be evidence of a bottom forming here, and we can expect a sharp rally to fire soon, and resume the long term uptrend in this pair. Fundamentals favor a turn, or at least a mejor retracement and a sideways market. "The Singapore economy is projected to expand at a more modest pace in 2016 than envisaged in the October policy review. (...) MAS will therefore set the rate of appreciation of the S$NEER policy band at zero percent, beginning 14 April 2016. This is not a policy to depreciate the domestic currency, and only removes the modest and gradual appreciation path of the S$NEER policy band that was in place." - from the MAS' minutes. If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers, Ivan Labrie.
Long
by IvanLabrie
2