RiosTrades

RiosTrades

I don't have much reason to be looking for entries in this pair currently as we are at a level where price can continue Fibonacci Extension to it's ideal 100% or price can reverse and break into higher highs pushing its way back up to daily resistance. Breaking down structure and trend of the market allows us to find opportunity give or take around Monday night -...

RiosTrades

Price Action (Technical Analysis): After completing what we see is a Major Downtrend, we expect to see price correct itself after sellers began taking profit massively after a break and close above previous level of structure. I'd like to see Price in the hourly time frame retrace 61.8% before expecting higher highs. In the meanwhile we should let price accumulate...

RiosTrades

PRICE ACTION IDEA (Technical Analysis) Price has hit and accumulated at Weekly Fibonacci Retracement Key level 61.8% (Major Uptrend) Price is pushed up with hawkish weekly candle behavior(engulfing candle) Price seems to be pushing up both to the top and end of the descending wedge signalling price is attempting to breakout that trend I'd like to see price test...

RiosTrades

After Fundamentals complimented the major downtrend the dollar/yen was continuing. We speculate price as it starts it's accumulating phase in the market (RSI signalling we are in a oversold market) prepping Long Opportunities after a break out of Price's Swap Level 107.800 A breakout after the consolidation period followed by multiple technical and fundamental...

RiosTrades

I'd like to see Gold pull back to previous price 1290, landing at it's support level. Giving us more probability to go Long.

RiosTrades Updated 

TRADE AT YOUR OWN RISK! BE PATIENT. THIS IS MY BUY SIGNAL AND WILL UPDATE WHEN TO TAKE PROFIT OR TO PULL OUT. WILL BE PUTTING OUT MORE SIGNALS AS I CONTINUE OBSERVING THE MARKET. IT BEING MONDAY STILL MEANS MARKET ISN'T FULLY SETTLED YET. TOMORROW, TUESDAY PRICE WILL ALLOW US TO HAVE CLEANER SET UPS. STAY POSTED. STOP LOSS: 1.2900*

RiosTrades

USD/JPY DAILY SUPPORT HAS BEEN BROKEN TODAY. LOOKING FOR PRICE TO CORRECT ITSELF BACK TO THE SUPPORT THAT IS NOW OUR NEW RESISTANCE AND WILL UPDATE OF POSSIBLE SHORT ORDER. STAY POSTED AND STAY PATIENT.

RiosTrades

FUNDAMENTAL ANALYSIS: THE POUND HAS BEEN VERY STRONG HOLDING ITSELF VERY WELL. CURRENTLY WE HAVE USD LOOKING VERY WEAK AS TALKS WITH CHINA HADN'T GONE AS EXPECTED, STILL TO EARLY TO CONFIRM WHERE THE USD STANDS BUT WE ARE GETTING BULLISH TONE IN THE POUND. TECHNICAL ANALYSIS: AS MARKETS START TO SETTLE IN, WE ARE SPECULATING PRICE BOUNCING OFF THE DAILY FIBONACCI...

RiosTrades Updated 

FOLLOWING UP WITH FUNDAMENTAL ANALYSIS ON THE USD, CURRENCY WEAKENS AND USES 109.5 AS SUPPORT OVER THE LAST COUPLE OF DAYS. CURRENTLY TRUMP HAVING TALKS WITH CHINA IS ALLOWING A RANGING MARKET THEREFORE IF TALKS WITH CHINA GOES WELL. I'M LOOKING FOR PRICE TO BREAK OUT BULLISH. TECHNICAL ANALYSIS IS SHOWING A POTENTIAL DOUBLE TOP BEING FORMED AFTER BREAKING...

RiosTrades

FOLLOWING UP WITH FUNDAMENTAL ANALYSIS ON THE USD, CURRENCY WEAKENS AND USES 109.5 AS SUPPORT OVER THE LAST COUPLE OF DAYS. CURRENTLY TRUMP HAVING TALKS WITH CHINA IS ALLOWING A RANGING MARKET THEREFORE IF TALKS WITH CHINA GOES WELL. I'M LOOKING FOR PRICE TO BREAK OUT BULLISH . TECHNICAL ANALYSIS IS SHOWING A POTENTIAL DOUBLE TOP BEING FORMED AFTER BREAKING...

RiosTrades

Has rejected Monthly Price Resistance, Daily Price Resistance forming a double top. Price is moving, looking for short position entry in 4H