Using recent volatility as an entry into this trade. Going long CADCHF. We’re range bound in a descending channel at the moment. I expect this pair to run out to 0.715 (0.5 fib) before heading back down. All things being equal this has a very good RR at around 8:1 Check out my profile and give me a follow if you agree and like the analysis. Thanks.
Potential. Do not enter yet. Check out my profile for further details. If we see a rejection around 139.00 we could see a bounce back up to 144.00 for 500bps. I’m watching this pair closely. JPY seems to be strengthening so it may blast straight through towards 132 or lower.
Struggling to see a bullish argument here. I am going short targeting 0.857. Things appear to be range bound for now. Tight SL & around a 7:1 RR in this trade. Check out my profile to find exact trade info.
Clear resistance here for this pair. I have entered a trade short back towards 137.50.
Waiting for confirmation. Do not enter on my analysis yet. Looking for a break up towards 1.82 again. I think there is still some downside pressure on this pair though, and it could slip down to around 1.75 before bouncing. Seeing an ascending triangle forming currently. Let’s watch for an entry later this week or next.
Sent this out on Monday as a trade idea. Easy 75bps. Still scope to re-enter for the extension up to 145 but seeing some resistance around the recent high. Have closed this trade now. Follow me for trade ideas like this & notice if I decide to open again for the extension
Trade idea. I’m going short here on GBPCAD. Break of structure, clear sell signals & good RR around 6:1
Looking long here for USDCAD now. Waiting for confirmation before entering.
Watching this pair for a triangle break. We can see a break from the downtrend, waiting for confirmation before entering.
I’ve entered a long position here. I see a clear break of structure, retest and refusal. I am looking for GBPUSD to push back towards near term highs.
Trade idea week 2: Seeing a short opportunity here with this pair. Descending Trendline. Rejected the 0.88 high. Let’s see.
Trade idea for week 2: I’ll be looking for an entry here around 1.745/750 - if we see a bounce at that level we may see a return to 1.80 or even 1.82 In extension. Await confirmation.
Trade idea week 2: If this pair cannot break 91.00 I suspect we’ll see it fall back to around 88.00. Nice opportunity. I’ll be looking for an entry after US open on Monday. As per my strategy, I don’t trade Monday AM as things settle. Let’s see what happens here.
Trade idea for week 2: Seeing a continuing downtrend forming here. Recent spike may present a sell opportunity with a solid rejection early this week. I’ll be watching this pair closely.
Trade idea for week 2: A clear rejection of historic highs. Suspect we’ll see a significant downtrend over the coming days and weeks. I am looking for somewhere to enter a trade this week.
Trade idea for week 2: Broken the up trend here clearly over the holidays. I am looking for a retest of the up. A rejection this week would be a strong indicator to short. I was short In this week one for over 100bps but exited because of NFP. Let’s see what this week brings.
Trade idea for week 2: We can see a break in structure; Still very early so not entering this trade yet. JPY govt. policy could create volatility with any JPY pairs so be careful. I think this may go long, but will be monitoring closely this week.
Trade idea for week 2: Seeing a clear break here from the downtrend. Expecting a solid retest and if we see good resistance I’ll be looking to go long. Await confirmation.