PMTradeALot

PMTradeALot Updated 

If DXY keeps pushing up we could see gold dropping more. I dont usually trade gold but will keep an eye on it.

PMTradeALot Updated 

NZDUSD made a double top on resistance. IT is now at the neckline. My only question is , will dxy reject 95.50 resistance or will it break it. If it does break it, we could see a nice sell on NZDUSD Let me show you some views on different time frames.

PMTradeALot Updated 

I would like a retest of broken support where the 38.2 fib is. It could be a good short opportunity. If it goes higher we will look at the 50 and the 61.8. On the 4hr the 200 EMA is waiing right at the 38.2 and broken support. That is idea number 1

PMTradeALot Updated 

Price seems to not respect the channel on the daily. We had a double bottom last week, it went up than we rejected a strong resistance and dropped very hard. I have a feeling we will be breaking that zone. It will depend on DXY. If it breaks, I will wait on the retest before I go short. I will give you time frames view. Look at the weekly ,especially.

PMTradeALot Updated 

First we had a double bottom on the daily. It was a good buy. I got out of my position and now looking for a new entry. Seems like we breaking the channel. We are now pulling back and may retest some broken structure. DXY is at resistance so we may got that pullback. Maybe retest the channel or a broken resistance.

PMTradeALot Updated 

I will look for a short if we break support and retest it. AUD is still on a downtrend but the question is if USD will break 95.50 resistance. We rejected the top of the channel+ 50 EMA + 61.8 fib. Only thing that bothers me a bit is the inverted H&S on the 4hr. It is right at the neck line. See the charts

PMTradeALot Updated 

This pair didnt make good movement this week. I will give you all the view I got and you can make your own judgement. It was in a Weekly- Daily Channel. It broke out but rejected support + 200 EMA. IF we break the 200 and support, we got alot of room on the downside. Here is all the charts.

PMTradeALot Updated 

Here is my idea. 4hr I see a head and shoulder. DXY pushed higher and we could be going on a bull run once we break 95.00 . I think it GU will go up a bit since it is at support and the 200 EMA is sitting right there. Also I will give you a look at the weekly and you will understand. The trend line going up isn't confirmed yet since it only touched twice. I just...

PMTradeALot

I am waiting on a retest of broken structure. I was in a buy but took profit too fast. I will look for an entry once it retest some broken resistance and make it support. That is one level I will be looking at but it might retest the 200 EMA too. Lets see and trade smart.

PMTradeALot Updated 

If we break the neckline of the double top and retest it, I will look for an entry

PMTradeALot Updated 

It is right now at an all time high. Did not retrace for awhile. I have a feeling it will make a healthy pullback. I might be wrong. That is why I am looking at 2 scenario. Here it is. If it pulls back, yen will get stronger, if not, yen will continue getting weaker and weaker.

PMTradeALot Updated 

It brike strong resistance without even retesting any structure. I feel it should drop so we could have a strong JPY this week. If we do, and DXY drops, look to sell USDJPY and alot of xxxjpy pairs

PMTradeALot Updated 

IF DXY rejects and keeps pushing down, I will look to take a short on that pair. Look out for a rejection candle in the 50 or 61.8 fibs. Worse come to worse maybe a retest of trend line.

PMTradeALot Updated 

Look at the chart. Rejected fib level and I am waiting on a break of support.

PMTradeALot Updated 

Scenario 1: Price seems to be rejecting the 61.8 fib. I would wait on the break of the counter trend line and support + a retest to enter a short. Scenario 2: If price keeps pushing and breaks the daily descending trend line, I would wait on a retest of the ascending trend line and enter a buy. Patience is key. Set alarms and wait

PMTradeALot Updated 

broken ascending trendline. I am waiting on a break of the orange (support) zone and a retest to enter a short to the daily zone. Will take some profit on the way

PMTradeALot Updated 

There is a daily ascending trend line to look for. If you look on the 4hr, trend is down. Lets see if DXY rejects resistance if we can make a move lower. If not, than wait for a break retest if the descending trend line on the 4hr Here are the 2 charts.

PMTradeALot Updated 

If DXY rejects resistance we could see USDCAD dropping to make a new lower low. A rejection candle on the 4hr will be our short signal.