I think the EUR/USD has found its floor at 1.1100. if we get good price action at this spot, we could see a big turn upwards. I'll even venture to say if it holds we could see this downchannel break.
NZD/USD has carved out a huge ranging trend, and it's stomping on the floor of it again. I see it bouncing at least to .665, maybe to .679
this is forming nicely, it should bounce off the top at least once more, then either break out or begin to form the handle. if this holds, its generally a strong base pattern for a long term move up.
PFI Trade Set up week of July 28th. Last week we went 6/7 on opened trades(two trade set ups per pair, trading the 7 majors) for a total of +184 pips!
PFI Trade Set up week of July 28th. Last week we went 6/7 on opened trades(two trade set ups per pair, trading the 7 majors) for a total of +184 pips!
PFI Trade Set up week of July 28th. Last week we went 6/7 on opened trades(two trade set ups per pair, trading the 7 majors) for a total of +184 pips!
Hoping the kiwi can get to .67223 by the end of the week, then it may continue down.
Here is my trade set up for next week. This is a system I have been developing for years, implemented 2019 with a lot of success. If price doesn't hit TP or SP close the trade out before the end of the week, then we reset for the next week. Once the trade is active use the 4h chandelier stop to get out.
Here is my trade set up for next week. This is a system I have been developing for years, implemented 2019 with a lot of success. If price doesn't hit TP or SP close the trade out before the end of the week, then we reset for the next week. Once the trade is active use the 4h chandelier stop to get out.
Here is my trade set up for next week. This is a system I have been developing for years, implemented 2019 with a lot of success. If price doesn't hit TP or SP close the trade out before the end of the week, then we reset for the next week. Once the trade is active use the 4h chandelier stop to get out.
I think now with the good US data the kiwi can make it down to .66350 before getting any real push back the rest of the week.
we have a higher high and hopefully this bottom stays for a higher low. i could see it going to 1.1400 by August
Seems like a safe bet for July.
Let's see it retrace a bit up to that nice fib level
Taking a short on the Rate cut tonight.
I'd like to see it hit the trendline, but I will take the 50% Fib level.
Hard to see the DXY not at least follow most of this move