SignalTradersUK

SignalTradersUK

Weekly pattern shows at least 1 pattern is complete, the bottom of a channel is reached (breached) , there are a couple of demand levels around here and all could reverse on the Greek elections. I have no idea where this is going to be come the start of Monday let alone next Month, so going to go into next week with eyes wide open.

SignalTradersUK

After a bit of a pull back, everything seems to be lining up for another short

SignalTradersUK

looking for the reversal on eurjpy to hit a target of 132

SignalTradersUK

Looking to see if a break in a trend line constitutes a good enough reason to place a pitchfork onto the chart. The idea would be to short here and target the median line

SignalTradersUK

Shorting from resistance

SignalTradersUK

just interested to see if price hits any of the intersections

SignalTradersUK

What would happen if the USA started to do Interest Rate increases and the ECB did Quantitative Easing for real. I would expect the EURUSD to fall. The chart shows the levels where I imagine profits maybe taken.

SignalTradersUK

Went long EURAUD. Price has fallen into a demand area on the weekly and daily charts. Yesterdays candle was a big Bullish momentum candle and today we have pulled back to a significant re-tracement level. Would be great to see this back near 1.43 Things that would scupper the trade are news based. ECB could use QE and devalue the Euro by a few % . RBA could start...

SignalTradersUK

We've been in a daily down trend channel for over a month and a half. Having seen price create a double bottom pattern I am taking a long at the London open.

SignalTradersUK

ECB really wants the EUR to come off. Traders really want them to start printing money before they let that happen. Even the introduction of negative rates for overnight bank deposits was not enough to get this to correct hard. Long term, the II's will want to get their money into a positive rate, so I would imagine NZD, GBP and eventually USD will be the way to...

SignalTradersUK

Looking to see if Sellers come in at a slightly higher level.

SignalTradersUK

Jarratt Davis put out a trade alert this morning for a long on AUDUSD. Entries around 0.92500 with PT at 0.9350 , SL below 0.9200 This is a fundamental trade based on an up revision of Private Cap Exp last month, putting a spring in the Aussies step.

SignalTradersUK

Until there is a pause in rate hikes this could be fundamentally backed up. A retrace to the mean of the last few days would give a good entry and small risk.

SignalTradersUK

Looking for a retrace back to the mean of last few days, to get a better R:R for a short, SL higher than the HH. NZD rate hikes, could continue though if they stop then would consider pausing on the NZD trades

SignalTradersUK

Now that the EURUSD has closed previous lows and the rising trend line I am looking for a pull back to resistance to initiate a short position.

SignalTradersUK

price revisited the demand level though due to things like FOMC minutes tomorrow price is consolidating. Overall I am long though the SL is placed below 1.36472 just in case

SignalTradersUK

then I shall wait for a lower high around the areas of supply

SignalTradersUK

Still looking for Long trades on GBPUSD, though I am prepared to wait for the 1.67000 area before placing any further long trades.