Mayfair_Ventures

Mayfair_Ventures Updated 

Day trade short - indicator called a short, not much else to this trade. Tight SL after the extension of the bullish move. will look for an entry short. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup...

Mayfair_Ventures Updated 

Long Position - After a strong push to the downside (correction) for the Bull run we just had. There's potential for a now higher low - we saw the higher high. so could expect some strength to the North. HeatMap has it's OBV oversold which adds to the potential for a long position here - even just for the short term. Disclaimer This idea does not constitute...

Mayfair_Ventures Updated 

Looking at the current DXY levels & the AUDUSD data. We have around 200 pips to the next structure level on AUD and 500 for NZD. AUD COT Data is currently 24.6k Long Vs 36.8k Short and 1.7k Long being added. Suggesting slightly Bullish this week. NZD = 14.8k long and 18.6k short - however, -2.2 short and -1.39 long (favouring the Bulls again) Longer-term swing...

Mayfair_Ventures Updated 

Gann Levels and Octaves show strength in the USD. The drop could take us down to the cross on the lower trend. The instrument is consolidating which could mean it won't reach the lower level this time around. Short term, it could fall potentially around 99.70-99.60 The overall bias here is long. Disclaimer This idea does not constitute as financial advice....

Mayfair_Ventures Updated 

The DXY has dropped the last day or two - all I hear are comments such as "DXY Melting" if you look at the DXY level it's dropped from around 100.40 down to around 99.40 - hardly melting, there's a clear structure just below the current level if it gets to that level. Expecting a turnaround and back to the higher structure. That pushes up USDJPY longer term, The...

Mayfair_Ventures

might be another short forming here - it has just reached a high level of supply. if the daily closes as it is, we might see an immediate push south. However, a little room to go to the D extension (786 - full swing) Waiting on confirmation. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle...

Mayfair_Ventures Updated 

Recently posted about this pair on the Daily - been asked to do a smaller TF view - so supporting the daily analysis to the idea linked below. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have...

Mayfair_Ventures Updated 

Paying a lot of respect to the Gann levels - Could expect a little more bullish today and a potential gap down Sunday. There's a clear target zone to the downside and a potential break up for the DXY before a change in direction. Currently not in this trade, but favour the bears until at least the zone level. Disclaimer This idea does not constitute as...

Mayfair_Ventures Updated 

Waiting for confirmation next week on a direction - the price could come up and complete a Harmonic pattern at the demand level above. Overall CAD bias is short in terms of COT data. supporting a long idea. The Gann levels have been well respected, so the reason for a neutral bias currently is purely waiting on confirmation of a DXY pullback or breakout early next...

Mayfair_Ventures Updated 

Interesting position this, there's a 4hr cypher pattern all but 6 pips. COT data suggesting more emphasis on the short side. Retail sentiment also 51% long suggesting more short side. with a couple of local fib levels near we could see a push back south before completing the pattern and up again before it's next fall down. The DXY on the daily is looking to have...

Mayfair_Ventures

This pair just painted some bearish divergence on the 1hr - it's got an RSI oversold triangle formed, Heatmap is red showing maxed out bullish volume and it's currently sat on a fib level resistance line. Top of the wedge it's created over the last two week or so. Waiting on confirmation for a Bearish call. COT Data shows -3,122 positions on the Long Euro side....

Mayfair_Ventures

Well - after the first entry short (first idea noted here) it can;t possibly be another similar setup? the last one went down to the pip, then up the Gann line - as if by magic! not much technical detail here, waiting on confirmation. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has...

Mayfair_Ventures Updated 

Another opportunity short, coming on this pair - see linked ideas below. The overall direction is still bearish. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or...

Mayfair_Ventures Updated 

Long to pattern completion. The DXY looks to be sat on the 50EMA ready to bounce or breakthrough. On the Daily TF the trend looks to be more bearish, in turn pushing GBPUSD higher. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence...

Mayfair_Ventures Updated 

Bearish feeling overall - however looking at the last couple if indicator calls, this should go Bullish to test the trendline (towards the first target) then reverse, a breakout of wedge and fall towards target two. However, nothing stopping this dropping from here and ignoring a retest. Disclaimer This idea does not constitute as financial advice. It is...

Mayfair_Ventures Updated 

As predicted back on the 6th of May, See linked Idea. The idea and setup are pretty much in line with that. It's moved up to the supply zone mentioned on the 6th, it's rejected a few times and starting to show signs of a bearish reversal. COT and Sentiment also support this idea. Just waiting now on short entry. Disclaimer This idea does not constitute as...

Mayfair_Ventures

Not something we trade due to the nature of our core business. However, looking at the chart there are some interesting factors in play. The blue and pink cross is the 50 crossing the 200 EMA on a daily. Overall Bias is Bullish - Once it hits $10,000 it will quickly become a psychological level (less so on the way up) There will always be a use for Bitcoin as...

Mayfair_Ventures Updated 

Another short setup potentially - COT & Sentiment data in favour. Waiting on indicator call short. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and...