Mayfair_Ventures

Mayfair_Ventures Updated 

Short call after pullback. Looking at EURJPY - we have 61% of retail traders long. COT data is long both JPY and EURO - but we would expect a longer push JPY during this time of crisis. Rough (freehand) channel drawn for own reference, could see a pullback to outer trendline before a continuation down. Disclaimer This idea does not constitute as financial...

Mayfair_Ventures Updated 

Push up to the Supply Zone and back down to lower fib levels. Cypher pattern was a little shy on the "C" leg, but could still be relevant. That coupled with more Aussie COT longs being added and the zone just above. Suggests a push north and straight down. Will be keeping an eye on this setup and waiting for a signal from our indicator. 68% of retail traders Long...

Mayfair_Ventures Updated 

Potential downside coming - Exhaustion of the price action up (potentially), completion of a cypher pattern. Over 2.9k shorts added to the COT Data. Waiting for confirmation or continuation. Let's see! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in...

Mayfair_Ventures Updated 

I can see a drop in the price down to the next zone, before a rise. This is in-tune with the current DXY Price action. (having a play with Ghost candles) don't take notice of them. 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....

Mayfair_Ventures Updated 

Not a pair we trade often, but going through the charts - there's a nice potential for a short on this 4 hour chart. Waiting for indicator confirmation. COT data suggests both the Canadian and the Yen have had net longs added this week. So it could be a little more of a push up, before dropping down to create a new lower low. Disclaimer This idea does not...

Mayfair_Ventures Updated 

Daily outlook for this coming week - not really an analysis this time, more an outlook and observation of a couple of key factors. Printed, is the key Gann & fib levels, within the indicator EMA 200 & 50's. Moving fibs, volume/divergence oscillator. Also included some sentiment and Commitment Of Traders info from yesterday's close. Let me know your thoughts,...

Mayfair_Ventures Updated 

This is not a call out - this is a question. Are we seeing a 4 hour H&S being formed? Thus meaning the next wave is down towards the demand zone below? is this a double top? or will price continue and create a double top above (160 pips above) Let's start a discussion - who is bullish and who is bearish? Let me know your thoughts!!! Disclaimer This idea...

Mayfair_Ventures Updated 

This pair could have just created a double top, within a supply zone. The Fed Conference didn't really give it a boost or cause much damage overall - when looking at DXY hitting a daily fib, a couple of days down. We should now expect a rebound. COT Data suggests the real big money are longer DXY around 12k positions long and 2k short. Kiwi - big money down...

Mayfair_Ventures Updated 

With 53% of retail traders Long this pair, the DXY pulling back (see below) as well as Hedge investors being bullish on the Confoederatio Helvetica. it is a nice little setup 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....

Mayfair_Ventures Updated 

Long up to the next major Fib level around 108.10 then back down the falling channel. Lines include - Gann Daily, Fib weekly levels as well as S&R zones. (something else earlier we did in the week) Have a great weekend! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20...

Mayfair_Ventures Updated 

Potential short setup - broken the trend up, we could expect a pullback before falling further. Waiting for confirmation. comment your thoughts and ideas 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 stock, ETF’s and Forex. Hence each trade...

Mayfair_Ventures Updated 

This now looks like it's a potential turn to the downside. Have a look at the related idea attached below; We are still waiting for confirmation - But the trend line up on the hourly has broken, the higher time frame demand zone is now supply. Not yet in this trade - but watching carefully. Disclaimer This idea does not constitute as financial advice....

Mayfair_Ventures Updated 

USS Swissy - has an awful lot of respect for the Ichimoku, Gann & above all the DXY. Interesting pair to watch at the moment - will be good to get comments on this one. Waiting to see both US open and end of Bank Holiday weekend, before a long or short. Just interesting in general. Though I would share. Disclaimer This idea does not constitute as...

Mayfair_Ventures Updated 

At 0.14950 – we had an RSI overbought signal which takes us back to the 9th of March. The next candle on the daily confirmed a trend reversal when it broke through 1.14117. From there – the next candle tried to push up through a weekly fib level; this was confirmation of the daily down trend. The next candle on the 12th march took price all the way to test the...

Mayfair_Ventures

HMMMMMMMM...... There's some more room to the upside of the DXY. Seeing so many retail traders long EURUSD, is a clear indication of the strength DXY currently holds. As SL's are hit which might not be too long, I think we will see a sudden shift in the trend. This bounce at target level is actually a retracement on the weekly chart testing the resistance level....

Mayfair_Ventures Updated 

With 53% of retail trades short GBP/USD and 54% short AUD/USD - it's the first signal long. When looking at the last COT report, we have a Long bias GBP and short AUD. Whilst looking at the indicator - we are stuck between the 50EMA and 200EMA on the 4hr chart. All combined, it's looking like a short term, long position. Disclaimer This idea does not...

Mayfair_Ventures Updated 

Some downside movement as an option here - the sentiment on retail is balanced, COT data shows long both DXY & Euro. Although it looks more Bullish overall, there's scope for a short term downtrend here. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in...

Mayfair_Ventures

Short position setup - been watching this pair for the last week, waiting for a close below the daily support level. Our indicator called a Bearish movement two days back, waited for confirmation on a smaller timeframe which we now have. (4hr) This is a longer-term swing trade. 58% of retail sentiment is currently Long. As well as COT data showing the larger...