NzdJpy - shorting here would give you limited exposure of 50 pips risk which will give you healthy reward of 300 pips or so. Not a bad risk:reward to try the trade once. Hope this trades span as per expectations, GoodLuck!
GBPAUD is at interesting place from where the price can tank to the tune of 800-1000 pips if the ground is ready. All it would take to know the probable move is limited risk of 90 pips. There is huge risk:reward factor here which makes it worth couple of attempts.
This pair is now looking good for searching short opportunity. The price is rejected by channel top & there is good risk to reward potential. Still it is counter trend at the moment, hence taking some chips of the table at 40-50 pips & letting some to run should be the strategy. If it breaks & makes structural changes then it interests to hold it for longer period.
short the current price with expectation of price to move lower levels next week. Next week is new month & last month for year end, believe it or not, the big players will reset all the levels for important trading. Also, many will take profit of their longs as year end is more closer now. Short will be scraped above 119.00 level so it is good risk : reward trade...
EurCad is at appropriate level to resume short @ 0.8460 handle. Cashing out some position @ 0.8410 is recommended with others to let run. The momentum is very bullish at the time but there is some scope and hope for sellers to kick in @ 0.8450-60 handle.
Lets poll it fellas, how many of you think that level 0.9740-30 is going to be bouncy ?? I see it as bouncing market price level, & I m expecting price to rise to minimum of 0.9830 level, & extension if happens then its going to be much higher. Will it really bounce ?? I dont know, all I can do is trade the way I know & have positive expectancy & try to limit my...
Recently all XXX/Jpy pairs have shoot up like rocket to moon. And shorting this pairs in current situation can be proved to be costly mistake, however if proper money management & proper entry area can be found out then tactical short plays can also be won. I m currently looking at CadJpy which in my opinion gives room to play the those tactical shorts. There is...
Not unusual as per price action to test 1.4420 handle, bounce at current level is good risk defined entry...h1 candle closes below price 1.4270 we can kill the longs & wait for further development.
Price level of 0.8570 is resistance as per my system, the cyclic change is also pointing towards short move.... However there is couple of hiccups in this trade is significant negative swaps which will make cost to trade little heavy. Also price is still above the weekly open price which is establishes general sentiment for this week. However shorting at right...
Good R:R trade here we got. Stops & Targets are there pre-established but however with relevance of price action it has to be adjusted accordingly. I believe it will not drop more than 1.4180 handle but if it does than I m going to stay out of it & see the further development. Till it doesnt break 1.4180 we should look for longs.
0.8650 handle is sell zone..... price at current level & current price action suggest for retest of 0.8650 handle.... long at current price & as & when price retest the 0.8650 handle depending on price action we will short there.
EurGbp is @ its best place to try short. This is precised entry level & 5 pips is enough to know whether it will hold or not. 1st target is 0.7900 handle & if market is willing then look for extensions to 0.7880 handle.
Supply & Demand Analysis with Price Action reading suggests the price is still not finished the down move yet. Price till take one more dip to level1.0550 handle before giving long swing.
At potential swing zone, if the market is ready then we should be seeing move to northern direction soon. This one should be definitely on your radar. Keep an eye on it for long positions.
Good place to short, with risk of 25-30 pips you can be on potential big swing...
GbpUsd - 2 Harmonics Pattern is observed in h4, if the market is willing then we can see the drop from current level. Stops are above 1.7070 handle.
EurUsd forms a shark pattern in higher TF, which signifies the move towards northern direction. There are other pairs too which signifies the upcoming bullish sentiment in technical analysis in #EUR. If we see increase in demand of Eur across the board then there should be no surprise to see EURUSD move north side too.