11021992

11021992 Updated 

Hi all, On the NZDCHF we are going towards a completed bat pattern, at point D. This is around the 0.68 area. This is a good entry point for a short position. ----------------------------------- INFO ON THIS TRADE Entry: 0.68 Stoploss 0.69 Target 1: 0.6635 (Risk:Reward = 1 : 1.8) Target 2: 0.6535 (Risk:Reward = 1 : 3) When being 75 pips in profit, move...

11021992

Hi all, On the EURCAD we can see a potential bat pattern forming. This is a good pattern with a nice risk to reward ratio and it should be able to make some good pips. Stops and targets are in the chart. Best of luck!

11021992 Updated 

Hi all, Today the CADCHF has hit the trendline. This is a good entry for a short position. ----------------------------------- INFO ON THIS TRADE Entry: 0.747 (current market price) Stoploss 0.7605 Target 1: 0.724 (Risk:Reward = 1 : 1.5) Target 2: 0.699 (Risk:Reward = 1 : 3.34) When being 100 pips in profit, move stoploss to...

11021992

Hi all, After losing around 55 pips on the short entry NZDUSD a few days ago, I am willing to try it again in the upcoming week. The 0.688 area looks like a good entry to me to go short. ----------------------------------- INFO ON THIS TRADE Entry: 0.688 Stoploss 0.6932 Target 1: 0.6753 (Risk:Reward = 1 : 2.29) Target 2: 0.66512 (Risk:Reward = 1 : 4.64)...

11021992

Hi all, As I wasn't expecting such a big move up on a friday, I did not have time to post this chart yet. I expect the price to go back up a little bit more to the 15.85 area. This is a good position to go short. ----------------------------------- INFO ON THIS TRADE Entry: 15.85 Stoploss 16.389 Target 1: 15.3 (Risk:Reward = 1 : 1.05) Target 2: 14.445...

11021992

Hi all, On the EURNZD I have spotted a bat pattern forming. Completion of this pattern is at the point D. Exactly on the 1.60 price. This is a good area to buy. If you prefer a smaller stoploss, you can put in a buy order at a lower value, but you might miss out on the trade. ----------------------------------- INFO ON THIS TRADE Entry: 1.60 Stoploss...

11021992 Updated 

Hi all, The NZDUSD has been trying to break between 0.675 and 0.678 a few times. I expect it to fail again to break and drop towards the targets. Targets and stop are in the chart. Best of luck!

11021992

Hi all, For next week on the GBPUSD I am looking to enter a short position around the 1.435 area. This area is the 61.8 fib retracement of the move down in februari and also has some support & resistance in the past. Targets and stops are in the chart. Stoploss is about 60 pips above the entry point; just above the closing candle of two weeks ago. Best of luck!

11021992

Hi all, On the AUDUSD we can clearly see a triangle forming. I am expecting one of four things to happen: 1: A breakout to the upside, followed by a direct move up 2. A breakout to the upside, followed by a small move up and then a retracement back down to the trendline. From here the price should bounce and go up again 3: A breakout to the downside, followed by...

11021992

Hi all, AUDUSD seems to be prepared to move to the upside. At this moment I am waiting for a retracement back to the 0.725ish area, then enter a long position on this pair. SL: 0.72 TP1: 0.736 TP2: 0.743 Best of luck!

11021992 Updated 

Hi all, The EURUSD has been retracing to the downside for the last few weeks, after a massive rally to the upside. The price reversal zone is just below the current market price. Around the 1.08 level, prices have had support over the last 1 year for a few times. I expect the same to happen again. Stoploss is around the 1.068 region. Target 1: 1.15 Target...

11021992

HI all, The EURUSD is hitting the nearest trendline. There are 2 posibilities here: 1. Wait for a confirming candle to the upside 2. Wait for a 4h candle to close below the trendline, then make an entry short. Best of luck!

11021992

Hi all, For this pair I am waiting for a break of the pink trendline. Wait for a 4h candle to close above the line, that should make a good entry. The red trendline is the weekly trendline. The blue lines is an AB=CD projection Best of luck!

11021992

Hi all, The XAUUSD has been bullish for the last few days, but I think this is only a retracement and that the main trend is still down. There are two trendlines to the downside coming and I expect one of them to hold. Its combined with some SR structure and the 61.8 fib retracement. Best of luck!

11021992 Updated 

Hi all, The AUDUSD has been trending down since the end of 2011, so I am looking for a good short signal on this pair. What I am currently waiting for is a breakout of the blue trendline, after that a small retracement or some consolidation. If and when this occurs, I will place my short entry. It will most likely by around the 0.71 mark. Best of luck!

11021992 Updated 

Hi all, The USDJPY looks interesting on the daily chart. I missed the original entry, so I hope price reverses back to 116.000 to 116.300 for an entry. Entry is based on the support of the past few weeks. Target is based on structure and on the trendline. Best of luck! Regards

11021992

Hi all, The EURCAD is pretty close to the weekly blue trendline. Near that blue trendline is a completed gartley pattern and some previous support and resistance. I am looking for the price to go up towards the 1.61 to 1.64 reversal zone and then drop back down. Target is based on previous structure. Best of luck!

11021992

Hi all, The USDCAD broke the red trendline earlier this week. I expect a retracement to this trendline, and then a drop from there. Most likely downwards to the blue trendline, which should be a pretty solid entry. I have marked the price reversal zone, which has the 61.8 fib, previous resistance and trendline. Best of luck! Regards