TheBankTrader

TheBankTrader

CAD pairs are moving down. We have price in the over bough region andlast candle closed with bearish intentions.We expect Crude to go bearish on all time frames which will fuel our CAD drop. Crude is currently in the supply zones on the hourly and daily. On the 4 hourly crude is flirting with resistance and we could see a drop in this commodity. Soon as we have...

TheBankTrader

CADCHF - Pending sell idea. We included 3 charts for the 3 timeframes which are the hourly, 4 hourly and daily. Enter at CMP with stop loss at 0.7350 and take profit at 0.7176

TheBankTrader Updated 

Price is in the over bought region and there is bearish divergence. Price also hit resistance and created a double tops. We could see price fall! I have a short postion at 1.08470 with stop loss at 1.09487 and take profit at 1.07094.

TheBankTrader

Price is finding support at 125.765 and we have bullish divergence. price is also in the over sold region. We have a pending order as I expect price to retrace a bit before moving up.

TheBankTrader

Price is in the over sold region on the 4 hourly and daiy chart. Place a pending buy at 161.686 as i am expecting price to retrace before going up. Stop loss is at nearest support which is 159.988 and take profit is 164.07.

TheBankTrader Updated 

There is bullish divergence on the 1 hour chart which also will push price up.

TheBankTrader

The EURUSD has found some support on the 4 hour chart. There is also bullish divergence which could push this pair up to next 4 hour resistance and support levels.

TheBankTrader Updated 

Price is currently finding support on the daily and four hour charts. The last candle closed with bullish intentions.We also have have bullish divergence and proce is over sold. All this indicates that price will be move up. It could reach next resistance point and if it breaks that we could see it move higher.

TheBankTrader

Expect a decent retrace back up to previous support and resistance area. Also 50% retrace on the fibonacci. I entered this pending and will see if I still like it when price moves closer

TheBankTrader

This Pending order of mine triggered this afternoon. I completely forgot about it. Lets see if it will make me some $$.

TheBankTrader

I placed a sell limit on the AUDUSD this morning. My last 3 trades on the pair all worked out so lets see what happens. The pair is on a nice downtrend and it does not look like the bottom has been reached yet. Using previous support levels and fibonacci levels.

TheBankTrader

Buy zone below on 4H chart formed by previous support and fib levels. The Daily chart has been coming down with force so this trade would be a nail biter. TP at previous resistance and possible fib level

TheBankTrader

This was the runner up trade of the month making just over 350 PIPS. No where near last months Nymex trade clocking in just over a 1000 PIPS. But we keep trading every opportunity that presents itself.

TheBankTrader

Trade tip that went out on 21-07-2015. It wins my trade of the month just beating a USDJPY trade that hit TP on the same day. Look at the related Idea...