Hi Traders, In the last few days I couldn´t post new tradng ideas because I´m working on launch of a new FX fund from Switzerland. It caught to my attention the pair USDCNY , we might have reached a critical key level for chinese authorities. As a reminder USDCNY is not trading freely . I´m positioned long for the pair while above 6.50 Happy...
Good morning traders, Cable will be under strong bearish pressure unless there´s any statement from BoE or till Brexit referendum on June. Technically after breaking 1.40 we will probably see 1.34 area I wouldn´t attempt any counter trend till there´s a clear reversal sign Happy trading Josep Pocalles
Good morning traders, I´m entering short at MKT with SL above 0.909 It formed 3 lower highs and price is below Ichimoku cloud You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist,...
Hi traders, This is my last post for the week : an educational one. A Diamond formation : the distance between A-B should equal to the targets of the next move. I´m considering a bullish breakout . I entered long with SL at 1.471 Have a good weekend guys Josep Pocalles
Hello, After the completion of 5-wolfe waves, I entered long at market with SL 114.1 on a daily close Good luck Josep Pocalles
Good day traders, I´m posting a unusual chart for FX newbies , as most of them are interested in selling high and buying low for a few pips, when the higher probabilities and the big profts are coming from buying on dips and selling on rallies, I entered long at 1.095 with SL 1.089 Good luck and have a great weekend Josep Pocalles
Good morning traders, I´m opening a Long GBPJPY, a counter trend position , with SL below 159.4 , a support zone . It could be considered as inverted Head & Shoulders pattern and trade the breakout above 163 Please note this is a counter trend , the probabilities are to the downside. You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading...
Good morning traders, I´m shorting NZDJPY using Keltner channel indicator and 200 MA, but also due to RBNZ rate cut yesterday . China slowdown might be affecting NZ. You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to...
Good morning traders, I have a bearish view on NZDUSD , from a technical perspective of a Wolfe pattern, and the fundamental reasons of last rate cut. Short @ MKT with SL 0.678 Good luck Josep Pocalles
Hello traders, I´m considering the possibility of a new nascent short term uptrend on USDJPY, Open target and SL 113 Good luck Josep Pocalles
Good morning traders, I´m entering short at market with SL @ 0.785 . Price rejected to close above previous supply zone and formed a bearish bat You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like...
Good morning traders, A Bullish bat pattern suggests uptrend continuation, I´m entering long at 1.4825 with SL below 1.478 on a daily close. Good luck Josep Pocalles
Good morning traders, I´m considering the possibility of a bullish cypher formation on EURNZD , I´m entering long with SL below 1.645 If you agree, please thumbs up and feel free to post any feedback You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell...
Good morning traders, USDZAR continues with bearish bias, I entered short @ MKT with SL above 15.75 Below 200 MA and identified demand / supply levels support the perspective of an AB=CD move Target around 15 level If you are happy with the post, please thumbs up and/or follow me Good luck Josep Pocalles
Good day traders, A simple setup, based on Heikin-Ashi + 200 MA , with the potential formation of a bullish cypher I´m entering long at market with SL below 1.462 , with the strategy to trail stop If you are agree please thumb up and/or follow me You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing...
Good morning traders, USDNOK bearish view is still an option and I´m entering short at market with SL above 0.7 It´s my third attempt , so I need good luck :-) You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to...
Good morning traders, Silver is developing a harmonic pattern, let´s see if a Bullish gartley . I entered short at Market with SL above 15.5 on a daily close . If you agree please thumbs up and/or follow me You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and...
Good morning traders, A simple trend following setup, Long while above 200 MA , with SL below 1.087 You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4....