AbdorhmanThi

AbdorhmanThi

I am in favor of the AUDUSD going up one more time because of the recent impulse. If a flag form, then I will buy. There is also a 2618 setting up for a short term buy. Price also broke the down trend line on the 4h. Overall outlook is still short.

AbdorhmanThi Updated 

Here are 3 levels I am looking to enter. NU finally broke down trend on a bat completion with traditional target already reached. Now we sit and wait with our orders on the retracement.

AbdorhmanThi Updated 

The risk reward for this trade is too good to skip out on. It also have a high chance of going upwards as well. Buy it!

AbdorhmanThi Updated 

Here is what I am looking at. This pair have a high probability of reaching first target. Possibly by Wed next week.

AbdorhmanThi Updated 

I am in favor of the 2nd entry moreso than the first one due to RR reasons. However, the way AUDUSD is moving, it can be a quick move south this week and next week.

AbdorhmanThi Updated 

After the missile launch by Trump the Yen gained strength, however it doesnt seem like it gained enough strength to bring this pair lower. Indicating to me that this UJ pair is probably going to go up. We just have to wait for this line to be broken and retested. If it is broken, we can see price going back to 115.

AbdorhmanThi

My previous gold post was a buy continuation. However, after the daily candle closed below the high, I am now looking for a sell before going long this week. It is clear where stop should go and first target is at previous support. Like my original post, I believe gold is possibly making a move down back to Dec lows before a big up move.

AbdorhmanThi

Seems like gold is still pushing for higher levels. It is reaching a channel line soon. We might see it breaking through and continue going higher. But if it doesnt, we can see gold going back down to Dec 2016 area.

AbdorhmanThi

Here are two opportunities I see for the NZDUSD pair. We will probably see it go up during NFP this Friday. There might be an initial breakout followed by a reversal.

AbdorhmanThi

Here are two setups that can possibly happen. I am currently in the first setup. Trade with care!

AbdorhmanThi

EURAUD is forming a bat pattern. This bat can be the ultimate winning trade. Not only will it form a double bottom, it will form a double bottom on a monthly and weekly major support zone. This will be a high buying area. If you enter this trade. You should hold it for months! Do not miss out! NOTE: only if price reach the D leg will it provide optimal profits!

AbdorhmanThi Updated 

Since the pair did not close below the lows, it has a chance now to retest the resistance of previous support. I believe this pair will be consolidating sideways for the time being.

AbdorhmanThi

This pair have shown signs of making its way back down. How will it do so? Well there are two scenarios underway at the moment. I believe one of these area will be reached before Yellen speech later today. Traditional target can be taken or go for the longterm short reaching .7500. My previous AUDUSD sell was a success. Trade with care.

AbdorhmanThi

AUDUSD broke the uptrend 2 weeks ago. After the rate decision, price came back up to retest the high. This could possibly be the double top for the long term short to around .71500. But I am aiming for a short term short because of how uncertain the market is due to the rate decision.

AbdorhmanThi Updated 

GBPJPY is moving like how I want it. This indicate to me there is a high chance for it to break this corrective structure soon within this month. First target is at 147.60. This will be a quick impulse move, meaning you should look for buying opportunity only.

AbdorhmanThi

Euros will continue pushing higher. Wait for a retrace or consolidation before buying into the trade.

AbdorhmanThi

You dont have to be a genius to know there are better places to put your money. Investing in SNAP without any knowledge is simply gambling. We have the casino for that. Technical already pointing to the downside and the first move up was from the hype around SNAP. But looking at how profitable SNAP is, it isnt. A company can be good, but that doesn't mean the...

AbdorhmanThi

There are a few buy setups. I am looking for this pair to retest the high before a move down. Therefore I will be trailing my stops instead of taking traditional targets.