Ethan_FX

Ethan_FX

Test of the resistance, price failed to beak through and looks as if is starting to reverse.

Ethan_FX

Caught this one last night. I thought it was going to hit my TP sooner but still a good result. On to the next!

Ethan_FX

I have entered the trade described on my last post. Lest see where this one goes!

Ethan_FX

Looking at something like this for my next entry well see where the trend goes from here before we enter. I'm just a beginner so that is why all of my trades are EURUSD (trying not to complicate my self).

Ethan_FX

Just caught a really good trend. Price rejected the resistance at 1.08859 and started to put down heavily. The bears took the charge big time. RSI and Stochastic were in heavily bought territory. MACD crossed over and i enered. I got in this one at around 1.08742 with SL at 1.09000 (placed after the recent high as i didn't think it would reach that high again). TP...

Ethan_FX

My trade yesterday looks to have gone to plan. I got in just after the highest high as illustrated on the chart. As you can see both Stochastic and RSI proved that the market was being over bought. This points to a sell. The resistance at 1.08505 was passed with flying colours but volatility soon started to fade. Then MACD crossed over which pinpointed my entry...

Ethan_FX

As a continuation of my last post it looks like price has smashed though the resistance i thought t would stop at and shot right up to the next one. RSI and Stochastic starting to heavily indicate overbought conditions. Waiting for MACD cross over before entry. We might see a reversal on the next resistance at 1.08528

Ethan_FX

EURUSD slowly reaching resistance at 1.08091. Waiting on oscillators to indicate a change of trend to the downside (bearish). Wont enter trade until strong indication has been confirmed. Resistance is also very strong, has been tested many times in the past. Looking for 1.5R on this one as always. Any ideas or comments let me know!

Ethan_FX

Looking for a test of the 50 or the 61.8% fib levels which also act as a previous resistance/support.

Ethan_FX

I have identified a good entry point here for a short position on EUR/USD. A big resistance has been touched as news broke yesterday which wasn't good for the USD across the board. I predict this to reverse by the end of the day to the previous resistance which will become support. You can see the market reject the resistance at 1.09918 with a nice bearish...

Ethan_FX

Short opportunity here. Resistance rejected at 0.637659. A strong move has it it and now bounced off hoping for a strong reversal!

Ethan_FX

Big short opportunity here on AUDUSD. Resistance broken and tested at 0.63254. Bullish engulfing candle appeared on Resistance giving me confidence of a bullish break out. T/P placed just above support. Nice 35 pip take if successful. Also slight rejection off the 200 EMA.

Ethan_FX

Here we have a great opportunity to go sort on the EURGBP. I have placed my entry order on the 0.87036 mark, S/L on the 0.87131 mark and T/P on the 0.86891. The 200EMA and trend line have both been hit with a slight price rejection. S/L placed just below the Support. also we are in a big down trend as shows y the 200, 50 and 20 EMS's.

Ethan_FX

a short term down trend had broken out. This trend has alot of momentum i am waiting for the bounce back off either the trend line or the resistance before getting into this one. Both the 200EMA and the MACD are telling us to go long. I think this reverse will be a big one. Any critisism welcome.

Ethan_FX

We are currently in a downtrend according to the 200 EMA as well as a downwards flag pattern forming. Buyers have taken control of for now but i am waiting for the retest of the heavy resistance before i enter this one.

Ethan_FX

The trend line has been broken. So have both moving averages. Price has hit the resistance and failed to pass. A bullish engulfing candle has started to form and this in my opinion would be a great time to enter to go long.

Ethan_FX

Big price rejection off the resistance following the a power move. Strong resistance

Ethan_FX

In a big down trend and has broke previous support turned resistance, Fib comes into play. I predict it will start to slow down at around 1.28330 but have placed my T/P at 1.2400 just in case. S/L will be what ever percentage of your account you are willing to lose. Any ideas let me know.