SuddenFX

SuddenFX

USDCAD Closed lower last week which is an indication that a short trade could possibly be found on H4 this week. The target for this trend would be the ABCD of the weekly support in the 1.24 area of interest. While I can't recommend taking a position just yet, it is important to be aware that this setup does exist and is possible. Manage your risk accordingly and...

SuddenFX

It's been a rather funky week so I've had to fall back on a couple moving averages to look at the chart and see which way I'd like to trade. The 50/100EMA cross is a nice early warning signal on the daily charts for equities. The target is the weekly support area below.

SuddenFX Updated 

This is what I expect to happen regardless of GBP news. Supports are based on Monthly chart

SuddenFX

I have to admit that yesterday's failure GBPUSD is followed up by an opportunity today to trade back to the 1.3210 area. Price is starting to break lows up here in the resistance area. I'm already in the trade. Good luck!

SuddenFX Updated 

This is an idea expanding on my GBPUSD m15 short which will look to retest the daily high we broke from two days ago.

SuddenFX

GBPUSD failed to make a new high. I am selling the pullback with a short target of 1.31750

SuddenFX

Looks like GBPCAD may fail to me a new high and is displaying weakness on lower timeframes. This could be a great opportunity to get short for a good run if/when it fails.

SuddenFX

I have a little bit different feed which is showing a doji with a push lower on GBPAUD H4. I've posted my short position here for a record of the trade.

SuddenFX

AUDUSD seems to be holding this price with the last hour closing higher. A BuyStop above the high for 20 pips is an obvious opportunity for 20 pips. Good luck!

SuddenFX

GBPJPY broke through 150.00 and has been hitting a minor support below price. This trade is a retracement trade back to 150.00 to test for resistance.

SuddenFX

A good way to start any week following a major sell off if to play the retracements. Here's a EURJPY long position for such cases. Good luck!

SuddenFX Updated 

Based on a previous idea that wasn't quite ready, I am reposting this H1 short idea on USDJPY. It has a standard RR of 1:2 for roughly 30 pips. Hard stop above the wicks of the H1 rejecting bars.

SuddenFX Updated 

Looks like USDJPY is faltering around 114.00 once again. Posted is a short idea for an EOD trade for roughly 30 pips. Let the break of the low of the doji trigger you into this short with a stop above the high.

SuddenFX Updated 

With the overall trend being long I have decided to end my USDJPY short for now and place a retracement trade for 40 pips long.

SuddenFX

Selling the weekly highs on USDJPY. Expecting a retracement down to gather momentum to carry USDJPY to the next higher levels.

SuddenFX Updated 

Based on price action, should USDJPY close higher today than yesterday's high we have a unique opportunity to trade this turn and be long before it happens. As always look to buy the pullbacks into the buy zone as close as possible to the stop levels for maximum profits. Good luck everyone!

SuddenFX

Price made lower highs

SuddenFX Updated 

This is a trade that appeared as I sat down. It's a classic setup. We had price pull back nicely to the 80% retracement area. We have an H4 trend to the upside. We have a stop on the bottom side of the upward momentum . Relatively low risk entry to go long. I've included the recovery zone in this trade should it fail.