Marenno

Marenno

In case if the price will be holding beyond 1.0585 Level, it can be signal to go short with a stop loss above 1.0610 However it can be a false breakout.

Marenno

Sell Stop order at 1.47228 Target 1.4525, I also suggest to trail. Stop Loss above 1.4780 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is hit.

Marenno

The pair is showing strength, and a possibility of continuing it's up movement towards 1.2950 is Highly possible, due to a pair's behaviour I suggest Using a limit orders to enter. The limit orders areas: 1.27737 1.27480 1.27330 The Lowest Stop Loss - 1.2730

Marenno

There's still plenty of room to grow for DXY, however, history shows a possibility of retracements towards 23.6% and 38.2% during a strong trending periods (like it is Now). The possibility of a spyke towards 98.75 is possible for today.

Marenno

At the moment the price is in the correction phase, and before the 1.0675 Level is reached and broken (For now) the pair is trading down. Doji signal on 1Hr chart is giving us a possible end of correction phase, but a doji-like pattern on a 4H chart gives a signal to go further up. The possibility for the price to go UP exists because of the upcoming news. For...

Marenno

AUDUSD Short, Short term 0.7625 Level is broken, and if some has followed my signal to sell at 0.7657, than got some money to risk with :) SL as ATRX3 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is hit. Target...

Marenno

The price has played with a weekly pivot point, looks like it has failed to close above it, which can give a good sell signal. I guess, that a lot's of retail traders are trying to sell now, and smart money are Using it, however, trader must stick to the plan and trade. That's why I'm trading with tight stop losses. For now, I'm placing sell limit at 1.0625, Sell...

Marenno

In case if the current hour will be closed as it is at the moment (doji - spinning top) Short entry will be possible, S.L above 0.7665, or use ATRX3 Short term target at 0.76250

Marenno

The pair is moving towards the 1st target at 1.475 2nd target at 1.470 3rd Target at 1.4525 Sell limit at 1.480, Stop Loss > 1.486 Use 1.475 for Sell Stop I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is hit.

Marenno

The price has formed new high, in case of 179.139 Level breakdown, the target will be at 178.223 Not recommending to sell of the market, but watch a PA to enter short, as a Short move has been confirmed by momentum - towards the main trend direction. As for now, the SL's above 180.176 Target 178.223 Trading currencies with no stop losses is equal of being on...

Marenno

SL Above 0.7660 TP at 0.7625 Short term swing trade Stop Loss must not be more than ATR*3 (my subjective opinion) In case if the current set up doesn’t let me to place a stop loss of this size, I will Use Limit orders. If the Stop loss is triggered, and the price is still going in chosen direction, I prefer not to lose a trade, and re-entering the position, with...

Marenno

Due to a 1.0620 Level breakout failure (must wait 15min close) Short term swing trade is possible with a very short stop loss. Target around 1.0550 Careful entry with a small lot and short stop. as no large moves are expected at the moment (before news)

Marenno

1.0617 is a short term target for EU, as Stop losses are hidden above.

Marenno

The Pair is stuck around 1M support Area, to continue it's down movement, some fundamental kick is needed, which is possible today at 10:00 GMT Sell Stop at 1.0550 Stop Loss above 1.0625 1st Target at 1.0475 2nd target at 1.0325 Stop Loss must not be more than ATR*3 (my subjective opinion) In case if the current set up doesn’t let me to place a stop loss of this...

Marenno

The pair still got room to go down, At the moment Triangle - like pattern is formed on a 1HR chart, For short Entries we can Use 128.20 As a Sell Stop Level, I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy), Sometimes I prefer not to wait till my SL is...

Marenno

If the Pair stays above 1.2775 Level, the continuation of an UP move is possible. Use the area Below 1.2750 For Stop Losses, 1st Mid term Target is at 1.2950, PNF is giving a 1.3425 Area as a target, which can be met within a few weeks in case of a USD strength continues. I suggest to use a “timing” stop (Close if the price will not go in your direction within...

Marenno

The pair's price has formed unwritten highs on a 1h chart . The PNF gives a potential target at 123.75. The correction can start of the 121.50 level, but is less likely, as a bullish market continues. In case of a non-false 121.50 level breakout, the target is at 123.75 and SL below 121.100 I suggest to use a “timing” stop (Close if the price will not go in...

Marenno

The pair is in a bearish mood on a daily and 4h chart. At the moment Sell with SL above 1.0725 1st target at 1.0500 2nd at 1.0325 I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy) P.S. Using a small stop losses in my strategy makes them triggered quite often,...