SureFire_Trader

SureFire_Trader

Summary - More price slide expected through to middle of this month - Longer term reversal is nearing at 78-82% fib levels I would be watching for the price to test 1.62355 low and if that is broken, 1.620 (78-82% fibo zone) will be a good entry point for long entry in an anticipation of a reversal after breaking the July low. I would be looking to take profit at...

SureFire_Trader

Watching for a pull back to break below 1.223 low in June for a buy.

SureFire_Trader Updated 

Price is on a pullback after breaking above the near term trendline giving an illusion to short. And if we don't see price closing below 0.9547 and instead the price close above 0.9600, this is a clue given to long this pair. ------------------------------------------------------------------------------------------------------------------- Surefire_Trader's...

SureFire_Trader Updated 

A nice setup forming on AUDCHF. Will be watching this pair closely this week. A break above 0.7408 would signal that price is likely to go higher with a strong impulse. Target will be 0.7580. Trade duration 10 days.

SureFire_Trader

The reversal is here! We should be seeing USD strengthening and the index to move higher. The break above the 97.5 level which is a significant resistance level, has given clue that selling has ebbed and buying will be taking place on each pullbacks. See my other post of USD pairs for medium to longer term trades.

SureFire_Trader Updated 

Very classic trade setup. Downward trend is exhausting at the current level. Have been tracking this price action for entry after breaking below 3.81. For long entry, watch price to break above 3.76. ---------------------------------------------------------------------------------------------------------------- Trade outcome: 10-30 days Surefire Trader's trades...

SureFire_Trader Updated 

Watching for the candlestick to close and stay above 110.80 for LONG entry. This would signal a reversal is in play when this criteria is met. Any pullback after the 110.80 close is a buy opportunity. Will stay in the trade through 117.00. It is not a buy yet, prudent to wait until we get a close above 100.80 on 4-hr candlestick. Similar setups are unfolding in...

SureFire_Trader

In mid April, I had posted here about further price decline on the pair and could test the 1.38 level. Now we have seen the price breaking below that level and it is a good time to enter for the upside move. Any downward price movement from here is going to be limited considering the take-profit target at 1.421....

SureFire_Trader Updated 

Not going to miss the long trade on NZDUSD which is ripe for nice low risk entry. Expect the upmove to climb all the way up to 0.725. Do note the NZD move is expected to be choppy as you can see from previous price action. Therefore don't expect the price to zoom thru to 0.725 level, but before reaching there expect to see couple of deep pullbacks first. Set the...

SureFire_Trader Updated 

NZD could surprise many. This pair can gain serious momentum near term to retest 0.99 level. Thereafter the 1.00 target is not going to be difficult. NZDUSD is also could make a similar strong up move. ---------------------------------------------------------------------------------------------------------------------------------- Trade outlook is about 10-30...

SureFire_Trader Updated 

Watch for the 4-hr bar to close above 1.278 to signal bullish strength. ---------------------------------------------------------------------------------------------------------------------------------- Trade outlook is about 10-30 days Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence" to show readers how to build a...

SureFire_Trader Updated 

Need to see price closing above the 145.5 to confirm the bullish sentiment is still in control. When that happens staying in the trade for a long haul can be very rewarding. Immediate target at 150.00 is like picking low hanging fruit and more is to...

SureFire_Trader Updated 

Before going higher USDZAR may likely break below April's low at 12.87. ---------------------------------------------------------------------------------------------------------------------------------- Trade outlook is about 30 days Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence" to guide readers how to build a...

SureFire_Trader Updated 

A simple clean setup for a nice long entry at 0.7408. I'm expecting to see serious buying coming at this level and wait it out till next week - some downside expected but this could be limited. When buying sets in, expect to see 0.770. On the side note, I'm glad for those who were long on EUR since early last week like me and my trade calls on EURJPY and EURCAD...

SureFire_Trader Updated 

Bearish Cypher / Bearish Shark? But I could see this to go up toward 1.4900. Wouldn't short at this level. ------------------------------------------------------------------------------------------------------------------------------- Trade outlook is 10-30 days Ramesh is the author of his new book "Trade Forex with Confidence" to show readers how to build a...

SureFire_Trader Updated 

CADJPY at the current level around 81.16 is a safe entry point for a long trade. Downside is limited but this could move strongly to the upside which is long due. Could see this move to 86.00 level. ------------------------------------------------------------------------------------------------------------------------------- Trade outlook is 10-30 days Ramesh...

SureFire_Trader

Seeing weakness by looking at the price action for a long trade. A better entry will be below 1.380, or better around 1.370 level when that opportunity arises. Until then, not looking to buy this pair. ------------------------------------------------------------------------------------------------------------------------------- Ramesh is the author of his new...

SureFire_Trader Updated 

Yen pairs have been eluding long traders and stopping out with lower lows. I believe the 116.30 we just got today is a decent entry level. When the buy impulse takes over, expect to see price reaching 121.00 soon. About: Ramesh is the author of his new book "Trade Forex with Confidence". amzn.to/2nKBrXT