AaronSLuce

AaronSLuce

I am closing this trade at 4% profit, moving down nicely of 150 pips in profit. Seems like we are in a very key area, rejecting the bottoms and from the weekly timeframe. So I believe 80.00 will be the next target for this pair coming into next week and so on.

AaronSLuce

Price is now in an area of interest, big week ahead for the Canadian dollar so maybe one to sit and watch. I believe we may see a third drove down, take out the lows before considering another pushup.

AaronSLuce

I ended up closing a short trade for 6% profit, the way that 4-hour candle closed, was a nice conformation that price could now push up from here. Weekly, we had a big bullish candle, and this week showed a nice doji and a retest of that. I believe 0.7500 in the coming weeks will be achieved. So a slight push down for another push up will nice to watch out on.

AaronSLuce

AUDNZD - Really nice swing position running. I love trades like this, this pair moves on higher timeframes so simply, catch an entry and forget. Running down towards my target that I believe will be achieved, already locked in 7% so we will see!

AaronSLuce

Trade recap A nice intraday trade turning into a short swing 5% position. Very simple elements here from my new strategy set an order and let price do what is wants to do.

AaronSLuce

Trade Recap. Trade of the week for me, manages to catch this big drop on oil that I had been patiently waiting for, for a while now. Set an order at my key level of resistance, got triggered and then she was off. Some sort of correction on OIL has needed for a while now technically it was a great set up, big accumulation on this pair for a while, catching people...

AaronSLuce

Expecting USD/CAD to come up to previous highs before the big short back down due to the poor oil prices. Confluences: 4-hour descending trendline has broken out 1-hour ascending trendline is being respected well Great rejection and large bounce off the longer-term Fibonacci levels

AaronSLuce

I’m going to breakdown the loss I took on Friday and I could have done better but to be honest, without these market conditions there’s not a lot I would have done differently I would take this set up over and over again. But let me explain, So I was looking at AUDUSD to come back down to the 0.600 level and to even dip below. I saw great confluences on the...

AaronSLuce

USD Crude Oil - Been watching this to see if we can fill the gap down from last week, on the daily not much has happened since the big weekly push down. We have been rejecting the 61.8% Fibonacci level and are currently testing it, looking to see if we reject here again, or manage to come down to touch the 78.6% level. After we fill this gap, we could see some...

AaronSLuce

Really starting to pick up some momentum to the upside. The weekly timeframe is showing we have broken out of the fib reversal zone and ran into key level 1.14500 (our first upside target) Zooming in slightly, we can see how impulsive this move has been. The structure has been broken (1.12000 - look left!) so we can draw a Fibonacci and wait to go long if we...

AaronSLuce

Interesting developments on all JPY pairs. EJ is testing the higher timeframe fib zone again and if we fail to break below 116.000 then a big bullish swing trade could unfold The first indication of a move higher will be on today's daily close. If we can close above ~117.30 then we will remain in the fib zone and look to push higher.

AaronSLuce

Today was a very aggressive push higher today with a shift in momentum for the NZD, especially within GBP/NZD too.  Higher time frames are looking overextended and we can still expect a deeper retracement but we cannot ignore the potential bull flag unfolding here. I will like to see if we can come up and reject 78.6% Fibonacci again before taking the short.

AaronSLuce

I am long bias for GBPAUD, I am looking to see if we can get a pullback to the 61.8% level first. Or if price pushes higher from here, we will look to see how it reacts to the monthly level of 1.95000

AaronSLuce Updated 

EUR/GBP is showing that there is still potential strength for the EURO, with only corrective moves at the moment nothing big enough to take any trades. I will be watching to see if we can come up and retest the 50% area which lines up with monthly resistance of 0.8700 before taking a trade back down.

AaronSLuce

I am looking to take this pair to the downside, however, we are still very bullish, today is the first bearish day we have seen. 4HR - We have seen a previous Doji candle and then coming down to touch the double bottom, bouncing off support. I would like to see this close below support, test as resistance to then take the short. Keeping in mind that we do also...

AaronSLuce

Managed to catch this last night on the final rejection of the 1.7 area. This fits in with all other EURO trades I broke down at the start of the week, now watching closely to see where we go next from here.

AaronSLuce

As expected we saw that short term spike (CAD weakness) following from the CAD news.  We’ve now retested 1.4900 and we anticipate the CAD bulls to step in soon….. I was looking at selling this pair from here around 1.4900, but climbed higher and are now seeing the rejection of the 78.6% Fibonacci. Target - 1.4700 Called this EURO weakness back on Sunday :D

AaronSLuce

Managed to catch this trade last night. Saw numerous rejections of the drawn area, and then was seeing a rejection of the trendline and managed to close above. Will be looking out to see if we can break previous highs throughout today!