DrFaust_Official

DrFaust_Official Updated 

Hi fellow traders, A potential Long for GBPUSD, check the chart and the descriptions thereon for your entry and exist. Trade well! m2m

DrFaust_Official Updated 

Hi fellow traders, Momentum following and I will setup a swing long trade for Kiwie at the following levels: Area we go long at around 0.7140-0.7166 Target max at 0.7458-0.7486 S/l as default at:0.703xx Keep watching it and I will monitor it on time. Trade well! m2m

DrFaust_Official Updated 

Hi fellow traders, There is a good short setup for GJ today at around 135.12, if the price would make a breakout the yellow projected trendline. S/l and T/p as described on the call out. This trade is setup in a very short TF, hence the trade is only as intraday valid. In case it makes a breakout the 2 O' clocks, then I will cancel that short setup. Trade well! m2m

DrFaust_Official Updated 

Hi fellow traders, USDJPY is facing now some very important decisions within this week, Fed will decide rate hike and BoJ will decide for a further stimulus, so more money easing; anyway, the question here is: how much will BoJ inject into the markets to devalue the JPY, and how will they do that for how long? Those questions are still remaining open and will be...

DrFaust_Official Updated 

Hi fellow traders, EUR/USD has broken down the minor up trend channel and is heading downward. In my technical point of view EURUSD will be in the next trading days within the drawn-down channel as depicted; thus the bottom must be hit/touched soon, which is then as my take profit zone. I have put three short price levels for EURUSD, for a slightly pullback is...

DrFaust_Official Updated 

Hi guys and girls, Aussie did make a high at around 0.7830 two months ago and but lose the upward trend to fall down to the low level of around 0.7156 (see my updated H1 TF chart). From that low level, Aussie performed quite well and reached the level of fibs retracement at 78.6%(0.76xx); Brexit referendum result costed Aussie a down of around -4.44% vs USD. ...

DrFaust_Official Updated 

The story of "Brexit" referendum was now behind us but the time after seems to be more difficult, for now many administrative works must be got done by the authorities. To make a trade setup during these times it is not easy, because many things must be considered carefully. So about the strength of cable in the next 6 months I am the opinion that it will remain...

DrFaust_Official Updated 

Hi fellow traders, Just long UJ at the described level@107.12. I will make my further follow up with comments. Trade well! m2m

DrFaust_Official Updated 

Hi fellow traders, Fascinating wise has EUR moved forward vs USD last Friday due to bad NFP released data from USA. Its moving forward has reached the upper zone channel level and probably is now in the upward movements to reach the price level at 1.160xx. My trading plan for EURUSD is described on this chart, just take a look at it for your reference and...

DrFaust_Official Updated 

Hi fellow traders, GBPAUD losses its upward momentum and is building now a form to reach the downward side to the extension 1.618 in the next movements. Short positions are described on the chart and I will follow up with you with this pair time by time. Trade well! Makkaba team

DrFaust_Official Updated 

Hello fellow trader, A short setup at the current price for EURGBP. I will add follow up and explanation to this pair, intraday only. Trade well!

DrFaust_Official Updated 

Hello fellow traders, feel free to short GN. Trade well! Makkaba taem

DrFaust_Official

Hello fellow traders, After a long time in considering how to create a nice and profitable trading community at tradingview.com I have now decided to do something new and special, in which I will try to update and follow up with our daily trading setup for FX and Gold; I intend to trade 18 instruments included XAUUSD. Each trading instrument will have an own...

DrFaust_Official

Hi fellow traders, New week will begin and we have some thoughts for Gold in the coming days and weeks. According to technical point of view let's say that gold likely finds a support at around the level of 1251.90 for the last week on our weekly chart TF. Anyway that support level can also be broken and Gold will fall to the next support levels at around 1236.20...

DrFaust_Official

Hi fellow traders, So take a risk and go long with EURUSD, it looks good for a long, for according to my point of view the corrective bearish waves ABC is done now and the way for a long is open. Fundamental point of view most investors do not believe the Fed for a rate hike in June, for Brexit will be decided on 23rd June 2016, why we do not long :) ? Trade...

DrFaust_Official

We are waiting to short it, check the blue level to sell. Trade well, Makkaba team

DrFaust_Official

At H4 TF we have about 15 days and 4H the prices of U/J have been moved within the I. Price area. At the II. Price Area it is a still thin of prices having been moving in. To reach a new upward momentum it needs to breakout the projected trend-line as resistance and from there a support level will be found to look for the opportunity to go long with. An...

DrFaust_Official

Gold seems to be quite attractive to buy at 1235.51 ( keep waiting, when the 30 minutes candle closed above the blue trendline channel ) Long@1235.51 S/l@1232.73 T/p1@1239.20 T/p2@1241.15 Trade well, Makkaba team