Nour_Capital

Nour_Capital Updated 

Reason: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Strong uptrend initiation move – aggression of the buyers shown in pushing the price up 3. Prior support turned resistance level at EP 4. Minor Pinbar formed before price trends up Our Trade...

Nour_Capital Updated 

Reason: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Strong uptrend initiation move – aggression of the buyers shown 3. Prior resistance turned support level at EP Our Trade Setup will be: EP: 0.6832 SL: 0.6793 TP: TBD Best Regards, Nour Capital...

Nour_Capital Updated 

Note: We missed this potential trade, but Friday’s closing shows buyers already coming in to support the price exactly at our EP. We are still keen to take this trade due to bullishness shown. Reason: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2....

Nour_Capital

Reason: 1. Prior consolidation before strong up move, shows hidden selling activities at this region – buyers will be likely to defend their positions at this level 2. Minor Pinbar Rejection Candle before up move- shows buyers coming in to defend the price 3. Prior support turned resistance level at EP f Our Trade Setup will be: EP: 1.3148 SL: 1.3128 TP:...

Nour_Capital Updated 

Reasons: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Strong uptrend move – aggression of the buyers shown 3. Prior resistance turned support level from the previous rejection candle at the region Our Trade Setup will be: EP: 53.63 SL: 53.33 TP:...

Nour_Capital Updated 

Reason: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Strong uptrend initiation move – aggression of the buyers shown 3. Pinbar candles prior to up move – rejection of lower prices by buyers, additional conviction Our Trade Setup will be: EP:...

Nour_Capital

Reason: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Strong uptrend move – aggression of the buyers shown 3. Prior resistance turned support level Our Trade Setup will be: EP: 6891 SL: 6867 TP: 6915 Best Regards, Nour Capital - Tracking Smart...

Nour_Capital Updated 

Short USD/SGD as it approaches supply zone When price retrace back to the supply zone area of 1.3657, we foresee reactions at this zone; strong sellers which previously initiated the prior downtrend will be likely to defend their positions aggressively at this region. This region is also a strong support turned resistance area as highlighted by the blue box. ...

Nour_Capital Updated 

GBP Pairs and the UK 100 FTSE Index will be the key focus with the upcoming "meaning vote" happening later today. We are expecting the UK 100 to test the level at 7035 with a price spike before heading down to retest the support level at 6750.80. 7035 level will be a key zone to determine the upcoming trend for FTSE 100. Prior to the break-down of price at this...

Nour_Capital Updated 

Investors of Starbucks Corporation (SBUX) are a happy bunch with such a healthy uptrend ever since its IPO. We are due for the Q1 2019 Earnings Report this Friday (SGT). A good support level to be looking for a long trade $64 with an immediate target at $68. However, a price below $61.60 can see price retest the next support zone at $58.50 which coincide with the...

Nour_Capital Updated 

All attention will be turned to tonight's FOMC Statement together with the Federal Funds Rate. USD pairs will be in focus as we end the week with Non-Farm Payroll numbers. Reason: 1. USD/JPY is clearly in the downtrend with both EMA 50 and 200 towards the downside. 2. A pullback into the area of prior support turned resistance. 3. The recent upmove is...

Nour_Capital

Reason: 1. Prior consolidation before strong up move, shows hidden selling activities at this region – buyers will be likely to defend their positions at this level 2. Strong uptrend move – aggression of the buyers shown 3. Prior resistance turned support level 4. Rejection Pinbar Candle before upmove – shows strong buyers rejected lower prices Our Trade Setup...

Nour_Capital

Reason: 1. Prior consolidation before strong up move, shows hidden selling activities at this region - buyerswill be likely to defend their positions at this level 2. Strong uptrend move – aggression of the buyers shown 3. Prior resistance turned support level Our Trade Setup will be: EP: 4917 SL: 4897 TP: 4937 Best Regards, NourCapital - Tracking Smart Money...

Nour_Capital Updated 

Reason: 1. Prior consolidation before strong down move, shows hidden selling activities at this region - sellers will be likely to defend their positions at this level 2. Small Pinbar rejection candle prior to down move – shows aggressive selling activities and rejection of higher prices 3. Prior support turned resistance level Our Trade Setup will be: EP:...

Nour_Capital Updated 

Unlike Bitcoin, LTC/USD looks more promising with a potential upmove with signs of accumulation $33.20 level. The recent low at $24 seems well supported with good volume supporting the price. The shaded area in yellow exhibits signs of accumulation with heavy volume but price cannot seems to go lower. As long as $24 holds, we are looking for a long trade with a...

Nour_Capital Updated 

We will be interested in taking an intraday long position on CADJPY Reasons: 1. Prior consolidation before strong up move, shows hidden buying activities at this region - buyers will be likely to defend their positions at this level 2. Pinbar rejection candle as highlighted by the red arrow – shows aggressive buying activities and rejection of lower prices 3....

Nour_Capital Updated 

We will be interested in taking an intraday long position on USDCAD Reason: 1. Prior consolidation before strong up move, shows hidden buying activities at this region - buyers will be likely to defend their positions at this level 2. Pinbar rejection candle spotted – shows aggressive buying activities and rejection of lower prices 3. Pinbar rested on 200dEMA...

Nour_Capital Updated 

Note: there is 2 available set-ups on this chart, personally, will enter a limit order for the first setup first, and not both at once. Although both set ups are valid, Mr Market is always right, and do not want to be caught suffering 2 straight losses at one go; be more defensive will be good in the longer term. First: Long @ 1.3313 Reason: 1. Prior...