FOREXEL

FOREXEL

patience and patience is half the trade imo. Let brexit come our way and open up some trades for us. charts will go bezerk on the 23rd so one better have limit orders ready..if one dares too Brokers are starting to tighten its margins not to end up in another situation like the Swiss stunt

FOREXEL

...wait.. buy the dips or sell the highs but this chart screams Stay clear.. if you have the urge to trade it anyways then you better have a wide stop..

FOREXEL

If 1300 will serve as the roof then maybe we got a range play coming.. I wouldn't mind that at all., let see

FOREXEL

This chart tells me it is time to site on my hands and wait for the next move/opportunity

FOREXEL

Not so tempting to go long just yet but patience is half the trade

FOREXEL

Zeroing in on 122.50 to go long for a couple of hundred pips. there is a lot of downside potential still but this where fundamentals comes into play for me. top of the channel is the first TP from there we will see. This trade idea is not set in stone. But i know as much I am not a bear.

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The NFP breakout needs to come back to the channel breakout zone for a re-test. This PA is steep and imo steep is weak. Nevertheless I am interested to buy if 1.1250 holds. but as all Pros know, Trading is less about predicting and more reacting.

FOREXEL

I like what I see on this chart. either way

FOREXEL

I like this setup to go long See comments in ADX box

FOREXEL

Rough prediction - not exact range or levels but this is what I see as a possibillity in the immediate future

FOREXEL

15 min chart play Expecting a bounce shortly up to the LR median line if the Pound gets well supported at current level. I expect however for the Pound to continue to head lower to complete its measured move. See chart for current buy and sell zones. Overall I remain long on this pair and welcome this pullback to be able to buy in again for a longe ride.

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Update on about a month old charts old charts. copy the links and play them up to see results and progress. Pretty interesting stuff and very much current

FOREXEL

I have checked my posted charts for the past 6 weeks. Roughly 7 out 10 are wins. Most failures was EU and GU. The rest gave plus 10k pips (not counting add-ons and re-entries) now if thats not FX bombing I dont know what is. Probably upset some academic traders out there with this posting,,but thats fine. Only results and pips in the bank counts. Happy trading

FOREXEL

3 scenarios as I see them 1. price gets rejected (circle) to confirm inverted H&S pattern and up we go after that. 2. 2nd tap on 200 MA and up we go after that.. ( a third tap would be even better but lets see what we get 3. Making a new pivot low..and up we go after that

FOREXEL

Its the Daily candle so it might still spike a little higher this week but it all depends on the current EurUsd PA..will the Euro be pushed down by (whatever) or will it continue to fight the dollar. this is a clear long trade imo but a pullback is needed at this level first

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Ready for another day Will trade this one on lower TFs MR play

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Target is demand zone under current price action anf fib 1.618

FOREXEL

Will enter on a spike/squezze to the upside Target is demand zone underneith current price action This is a pullback trade and levels could just as well be used to go long again. As someone pointed out - my charts has a lot of lines on it which is due to some indicator I am playing with. The analysis and trade idea is not based upon those but more based upon...