BattleReady

BattleReady

USDCAD Long for 20 pips. I don't think this will shoot to the moon just yet. I think price will return south perhaps touch that yellow line and then head north on Friday. This is the way I see it happening. We'll see. UPDATE: Trade closed for -10.1 pips. Despite it looking like hit my TP, it missed it and I guess I should have taken a B.E. trade at worst. It...

BattleReady

EURUSD Short to lower blue channel line. Small H&S pattern on yellow line. Pullback to green quarter line. Bearish RSI. UPDATE: Closed for -11.6. Price may rise than fall. Or just move plain sideways. Either way, I saw it incorrectly. No more EURUSD trades for me till our next 200 pip move down. UPDATE #2: I guess I was right but premature. :)

BattleReady

Scalp down to the quarter line for 15-20 pips. Price may retouch the central balance line before falling which seems more likely. Should have waited for a better entry at the balance line. UPDATE: I have closed this trade for -5.5 pips. 1. Trade entry was poor and impulsive. 2. I had no short entry signal. 3. I opened this trade during a low volatility...

BattleReady

Small short to the bottom blue channel for 15 pips. It's very possible for price to break lower 200 pips upon news releases, however my feeling is that price will do the opposite and shoot upwards. There isn't enough room for a move down just yet, but I could be wrong. I'll take the 15 pips if its on offer. Thanks. UPDATE: Trade closed for +7.3 pips. I guess...

BattleReady

As predicted earlier, we are probably seeing a reversal pattern and if so, we should be able to trade the right leg for 60 pips. There is a lot of news today for US Dollar and one report for CAD Dollar which should accelerate price. News starts from 13:30 UTC and runs until 15:00 UTC. I would recommend to wait to move starts before considering getting in. I may...

BattleReady

If my current LONG EURUSD trade manages to hit my TP of 80 pips, I will enter a SHORT at the blue channel high with a target of the intersection between the blue channel low and the yellow line. TP will be 40 pips. UPDATE: This short is now void. Still Long for now, may consider getting in again if price touches the bottom blue channel or perhaps raising my TP...

BattleReady

It could work out like this, either way price seems like it could hit the orange central balance line. UPDATE: TP Hit for +25 Pips

BattleReady

EURUSD to pullback after the first move down to make room for subsequent moves within the green channel. 50% retracement seems possible which will also align with the quarter channel line. Managed to get in earlier at the test of the bottom blue channel with a target of the blue channel high hopefully completed by close of London session today or by close of...

BattleReady

USDCAD long to central balance line. UPDATE: I'm exhausted and overtrading. Have exited this trade for -8.2 pips. Will wait till the reversal pattern forms next week and trade the first move up. UPDATE (24/11/2014): I don't like keeping open trades over the weekend, it's good to switch off - this trade would have hit it's TP for +30 pip.

BattleReady

Not sure there's much left in this move. I'll be happy with 20-40 pips. We'll see. UPDATE: Closed for 2.4 pips. Way to tired to be trading right now. Overtrading?

BattleReady

I was late to the party. Quick EURUSD scalp for 30 pips to the 50% central balance line. It should do more, but I will wait till the next move down after a pullback before getting in for a larger TP. UPDATE: Closed for breakeven +0.3 pips. Received a signal from my other system to close this. I do still think it will hit the target, but I'm out for now. UPDATE...

BattleReady

100-120 Pip move up including the current channel high break. First trade with 50 pip TP to current orange channel high. Second trade with 90 pip TP to new green channel high. I expect move to current channel high to take place overnight (UTC), some action to occur in the morning and then the break of current high at 13:30 (UTC) on some Canadian news releases....

BattleReady

Very short-term short trade: A pull back to touch the 50% line of the main channel before heading north. Price may also touch or surpass the 0.618 of the previous move. UPDATE: TP hit for +40 pips.