SteveNixon

SteveNixon

Currently breaking structure to the down side Could possibly be a head and shoulders I will wait for completion and upward retracement for a better risk reward Please "like" if you agree or if it helps You are welcome to comment or ask questions Good luck Steve

SteveNixon Updated 

I think this is a correction of the long trend Lets see what happens If it gets to the top I'll consider holding for further move upward Please like if you agree If you don't agree let me know why in the comments Good luck Steve

SteveNixon

Ideas on chart Hi traders please let me know if you agree by "like" If you don't then please help by commenting and pointing out the mistakes or adjustments Good Luck Steve

SteveNixon

The Trend line I drew yesterday has been broken but this is still long for me. It may bounce around it the channel for a while but I think it will eventually go long Just an Idea. You can see yesterdays idea via the link below Please like if this is helpful or you agree Good Luck Steve

SteveNixon Updated 

A lot of people are saying this is a sell setup but for me this is part of a longer corrective leg or wave which is heading up. The pull back my be over or it quite possibly go further down but I think it will go north from this area. I will probably buy any pull back to the daily trend line with the view to break the current high Targets and stops are...

SteveNixon Updated 

Both Currencys are weakening but the NZD more so They have been bouncing off the trend line for quite some time and may do so again If it does then it could be a buy signal Just an Idea Please "like" if you agree or find it helpful Good luck Steve

SteveNixon Updated 

1. The real trade here is short after the pullback. 2. It may approach the 50% mark of the previous high so might be worth going long first. 3. Opening position can only be determined once markets open. 4. If it opens near the current bottom then it may be a good short term long Please "Like" if this helps or you agree Good luck Steve

SteveNixon Updated 

1. Double top 2. RSI Divergence 3. Lower low 4. 6.18 fib retracement ?

SteveNixon Updated 

This is not a trading Idea as the reasons for entry have already been and gone. Text Book 2618 bullish trade 1. Double Bottom against major structure support/resistance 2. RSI Divergence 3. Higher High established 4. Retracement to the 61.8 Fibonacci level How to trade 1. Stop loss below double bottom (according to your rules) must have 1:1 Risk to reward...

SteveNixon

Double Top RSI Divergence Over 61.8 Fib retracement RSI looks week Short for me We'll know very shortly Please "Like" if this is useful Thank you Steve

SteveNixon Updated 

Targets and stops on chart Remember to trail stops once target 1 is hit If this idea is useful please "Like" Thank you Steve

SteveNixon Updated 

The pair has broken out of the downward trend and is most likely going further north. Having said that it is at a good level for a retracement before going long

SteveNixon Updated 

NZD has been over valued for quite a while If it breaks out of the current triangle it may go south

SteveNixon

Double Top Point D of Bearish Bat Pattern RSI/Price Divergence Surely this must go down? Please give me a like if you agree Good Luck

SteveNixon

There are a lot of short calls for this one but the developing triangle makes me cautious/ Any thoughts traders?

SteveNixon Updated 

This might not get down to the level I have marked to open a long position. If it does then targets and stops are on the chart

SteveNixon

A great example of RSI/Price divergence May be helpful in deciding to go short Not advice - just an interesting observation which may form part of your decision making process If this helps you in anyway please "like" it - Thank you Good Luck Steve

SteveNixon Updated 

If you are looking to short EURUSD this might be it. 1. Double top 2. RSI Divergence on the 15 min chart We'll know very quickly if it's going to hold If this in anyway helps with your decision making please like it - thank you