SERGENAYTUG94

SERGENAYTUG94

Large stop loss ahead of NFP, if price moves in anticipated direction then positions will be added post NFP at key price levels and stop loss will be tightened. If price does break and close below the channel with bearish PA then this trade setup is no longer valid. It is a risk taking this trade as we are trying to predict NFP. However, all price action lines up...

SERGENAYTUG94

Looking long.

SERGENAYTUG94

Looking long on break and close above resistance (Blue Rectangle).

SERGENAYTUG94

Our Short Setups still remain as explained in our related idea (See links below). However, this post is to explain how the stop loss can be extended to 1.35200 in case of high volatility on the back end of NFP. We will seek bearish PA confirmation around 1.33950 - 1.34500, ideally 1.3400. As this will probably be traded pre-NFP we need space for some volatility....

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Sometimes the simple trades are the best. Can anticipate a short to retest the breakout of the trend line. We have divergence on multiple time frames. We can have a buy limit order around 1.12135 with stops around 1.11750. For those of you that are sleeping, you can always wait for price to reach the trend line and seek bullish confirmation before entering. I...

SERGENAYTUG94

Seek Bearish PA around 79.395. See Related Idea down below.

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If price breaches and closes above the resistance of 79.460 with signs of bullish momemtum then the trade setup is no longer valid. However, this trade setup can be traded on the breakout below the blue rectangle outlined; or if price retraces on the M15 and M15 window to 79.365 or resistance of 79.460; on bearish confirmation this trade can be executed....

SERGENAYTUG94

As explained our overall setup is short - (See related idea). However, there is space from now to Friday before NFP to capitalise on a potential buy (long Setup). Buy Limit Order: 1.33200 (Will Confirm once PA confirmation is Present) Stop Loss: 1.32935 Take Profit: 1.33650

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As you are aware we posted an analysis of USDCAD on the 31st of March which is in conjunction to this analysis. (See related idea.) However, Non-Farm Payrolls on Friday 5th April 2019 is forecasted to be 180K more than previous months of 20K; we believe the the NFP can possibly be larger than 20K but less than 180K. Therefore, we have three levels of entries...

SERGENAYTUG94

Looking to the downside of: 1) 1.31600 2) 1.29850 Entries will be seemed on the H4-H15 min window. Stops will be placed above the rising correction channel. If price does breach and close above 1.35450 then the trade setup is no longer valid.

SERGENAYTUG94

Please refer to the chart, we seek PA confirmation at our key levels before entries are made. Real risk management is also adopted accordingly.

SERGENAYTUG94

Looking for the short setup on Bearish PA confirmation around 89.900-89.920, stops will be placed above 90.200. If price breaches and presents bullish PA above 90.200 the trade setup is no longer valid (new entry setup must be seeked.) Downside targets of 89.500-89.000.

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On the daily time frame we have a possible 5-Elliot wave formation, with the 5th impulse on a 1.217 extension. Price is currently sitting around the monthly and weekly resistance level (1.200). We can possibly trade the correction wave to the downside on PA confirmation. We have multiple possible trade setups for different strategies and styles of trading. We have...

SERGENAYTUG94

As you could see 1.24050 is holding as key support level. We have strong bullish candlesticks sitting on the 200 EMA (Magnetic Support) presented on the 4 Hour timeframe. The UK government is confident with brexit. We can possibly see price reach 1.2700. Our long entries will be triggered on the break above the trendline and the red dashed level (1.25400); entries...

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We do not like to take un-calculated risks. The analysis really speaks for itself. However, we can possibly see a retest of the broken trendline (red trendline) and a continuation to the upside where we have our Daily/Weekly resistance zone. We can take short position from that position to our downside target of 0.7600 then 0.7545 around 180-210 pips. We can also...

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Looking short on this pair as the previous day candlestick closed as a strong bearish marbozou. However, on the open of the market we can expect a pull pack up to the 4 hourly 50-61.8% level (1.23500). If price breaks above the bearish trend line we could expect price to move up to the 61.8% daily level (highlighted by red box). As traders we must understand...

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Im already short on this, however, as seen on the chart I believe the outlook is still short. Only longs would be analysed on the break above the trend line. Our longer term target would be 0.7000-06900. However, as you could see we have multi trade setups. They are just their to remind me of potential entries (adding on to my trades). Once each target has been...

SERGENAYTUG94

A close below the trendline on the 4 Hour time frame; with bearish confirmstion on the 2H or 1H time frame would be looking for a short entry to downside extension 1.27 at price level 0.88150.