BACapitalManagement

BACapitalManagement Updated 

Red line = stop Blue line = entry Green line = take profit target Order expires at 1230 EDT

BACapitalManagement

Prior aggressive selling suggest a possible short when price returns to 7.400 area. Stop = 30 pips

BACapitalManagement

Price appears to be in a down trend. The move beneath the 50 and 200 EMAs, trendline, and 0.50 fib level suggest there was significant selling around 105.00. It was projected that price should bounce off of the lowest fib level. However, due to too many buyers or very significant selling at 105, price continued to fall.

BACapitalManagement

Green line = entry Red line = stop Blue line = take profit Risk= 0.0017% Reward= 0.0041%

BACapitalManagement

Green line = entry Red line = stop Blue line = take profit

BACapitalManagement

Green line = entry Red line = stop Blue line = take profit

BACapitalManagement

Green line = entry Red line = stop Blue line = take profit

BACapitalManagement

Example of trade I took today. Entry was around 0500 EDT. Stop was half the distance to my take profit line which is the blue line on top of the red Asian range box.

BACapitalManagement

Short term trade with pending order in box - 15 pip stop, 30 pip take profit, expiry 1 hour.

BACapitalManagement

Short term trade with pending order in box - 11 pip stop, 30 pip take profit, expiry 1 hour.

BACapitalManagement

Short term trade with pending order in box - 15 pip stop, 30 pip take profit, expiry 1 hour.

BACapitalManagement

Recent hourly price action suggests a potential long opportunity.

BACapitalManagement

Recent hourly price action suggests a potential short opportunity.

BACapitalManagement

Recent hourly price action suggest a potential buy opportunity.