Snapshot of my H4 chart. And first trade of the week!
Last week I posted my first position on NZDCAD. Here we find ourselves with a set up within our current set up long. Adding a position to kick off the week.
Looking for EURUSD price to fade back in to our key level or a retest of previous structure.
Snapshot of my 8H chart. USDCAD Showing Reversal Signals. In alignment with my correlation confluences.
Stopped out once on this pair. Firing another bullet. Everything still meets my criteria. EURUSD just met all of my long criteria as well as an added confluence. As well as the DXY looking to continue to the downside.
Here is a mark up for my current Gold trade. Feel free to ask any questions!
While all of my analysis is multi-timeframe. Here is a snapshot of my H4 chart. And first trade of the week.
GBPAUD has been a fickle creature this week. Giving me loads of mixed signals. However across the board I'm renicking my long idea. Correlation confluences across all pairs as well as the DXY is prompting me to change my positions to short.
Stopped out once on this pair. Firing another bullet. Everything still meets my criteria. EURUSD just met all of my long criteria as well as an added confluence. As well as the DXY looking to continue to the downside.
As you may know, I have been stalking EURUSD long for several days now. Waiting for price to fade back in to support. Price has done just that, and checked all of my criteria for entry.
Last week we found ourselves short GBPAUD. However, the market conditions have changed. We will be getting long. We've found strong support at the 1.72000's handle.
You can check my previous post for my GBPUSD post idea. I was long for the wedge break. Part of the trade played out quite well. 1. We have now broken our key level as well as previous highs. 2. Price has faded back in to the key level and the previous high. 3. Lower time frames show bullish reversal patterns. 4. BUY!
Earlier in the week I was looking to get short on GBPAUD. This is our second attempt at GBPAUD short.
Earlier in the week we had our sights set short. However we have found strong support across all Yen pairs. As well as reversal patterns on the H1 chart indicating bullish momentum.
Earlier in the week we had our sights set short. However we have found strong support across all Yen pairs. As well as reversal patterns on the H1 chart indicating bullish momentum.
New developments on the pair now has my bias short
Firing up our 2nd trade of 2018!