Hello everyone - so looking at the $EUR/USD you can see we have a strong break out of the ickimoku to the upside, however we have not passed the trend moving average. Therefore I have taken a long position on this, however you have to really think about the exit on this, as we all know the EUR will start going down again soon, so keep an eye on this one. Using...
Hello everyone - so looking at the $EUR/USD you can see we have a strong break out of the ickimoku to the upside, however we have not passed the trend moving average. Therefore I have taken a long position on this, however you have to really think about the exit on this, as we all know the EUR will start going down again soon, so keep an eye on this one. Using...
There is a long opportunity on $NZDUSD - If you take a look at the graph this could be the start of a long retracement as the dollars starts to fall a little, after its epic highs. We have strong bullish signals, in particular on the 4 hour chart where we have another cloud breakout on the ickimoku. Happy trading everyone!
Hi Everyone, We have a long opportunity on the USD/CAD. We have a cloud breakout on Ichimoku with very bullish momentum. We also have a my unique indicator crossover. I think the price could rise until the previous support line at 1.27475 which would be a very nice trade if it works out. If it then breaks this support line I would take a second trade.
Good afternoon everyone. Today I am looking at a long breakout in the $USDCHF We have a Ichimoku bounce and we also have a TK crossover along with a support line being breached. This IMO gives us enough indication that the price should be on the rise with the uptrend. I would watch the support lines on the Fibonacci for take profits, and further indications of momentum.
Looking at the EUR/JPY we have a cloud breakout and a support line at 130.000 - as we are in a long-term downtrend I have decided to take a short trade. If the support line @ 130 is broken then I will likely take another.
I think the GBP/USD could go down further, and if we can break through the support line of 1.4948 I think the momentum will be a continuation of the strong down trend. Always a chance of a retracement, so watch out, however we have a TK crossover, a downward cloud breakout, and a longterm downward trend. Looks like there is still some room to fall, however NFP...
Now I know everyone has been buying this based on the news that the Yen will strengthen at some point in the next fewweeks, myself included, however I actually think that waiting for a breakout at either 121 long or 116 short will provide a much clearer indication of where the next trend will occur. The price is currently ranging so its not clear which way it will...
So we are looking for a breakout on the UK100 @ 6894. There is a relative support ceiling and if the price breaks through this, then you can can feel safe that there could be a strong upward trend emerging. Conservative stop loss could be set at 6618 or 9758 for smaller trades!