TheFxAce

TheFxAce

Quick update on this trade position is running super smoothly heading towards the 1.08 target. I have moved stop loss to entry price and closed 50% of position. Great last trade of 2022

TheFxAce

Update on Friday's trade idea read the related post. As explained in that post we got the expected drop below 1.05 and the 12hour signal on the TRFX Pro indicator to allow us to enter the market. This is my last trade of 2022 read enjoy

TheFxAce

The previous SELL idea on this pair banked over 800 pips as we played the top of the longer term range market see related post for this. Now it is time you can look for BUYING opportunities under 1.05 as we approach the bottom of the MONTHLY longer term range. Starting at 1.05 is a nice weekly DEMAND/BUY zone I expect a reaction inside this area. I want to...

TheFxAce

Quick update on this trade idea on Friday the TRFX Pro indicator give a couple of signals on the 8hour which was the green light to enter this position read my related post on the reasons behind this setup. As the position moves in our favor will trail the stop and take profits at certain points ::)

TheFxAce

The CAD pairs across the board have been grinding higher recently and are all extremely over extending and a SELL off is to be expected pretty soon. In my previous idea where I was waiting for a signal on my TRFX KING above 1.40 on a chart ranging from the 8hr to the daily so I could enter a trade no signal has occured on any of these charts yet and price blew...

TheFxAce

We have been in this position since September after going short at the top of a long term MONTLY range above 1.135 was when the entry signal occured and was the are explained we would like to see an enttry signal occur. This happened and as explained in the intial trade post the potential for this position to fall back down into the HUGE MONTHLY range turning...

TheFxAce

Quick update for you on this position after getting the entry signal on Friday and the intial 200 pip pop were we had closed 50% of the position and moved the STOP to entry price (which nearly got hit yesterday). You can now see its moving nicely towards the 139 area I talked about in Friday's post the PMI numbers helping price go above 137 today I have now...

TheFxAce

Quick update on my previous post as expected we dipped under 135 actually down below 134 price was extremely oversold across leading into the NFP release then my indicator giving the green light to enter. I have already closed 50% of this position and the stop loss is at entry will trail the stop as we move up Read my previous to learn how I was able to...

TheFxAce

Been patiently waiting for a SELL signal to pop up from my analysis a few days ago price has been slowly grinding up with a SELL signal finally occuring. Read my related post to see exactly why i'm entering here.

TheFxAce

This pair is moving according to my previous idea after we got the move back up into the early 140's price went as expected and is now at the predicted level of 135 and is creating new SUPPLY/SELL zones as it moves which is very good. You can see 135 is the start of a untested Weekly/Monthly DEMAND/BUY zone so you should expect buyers to start coming in below...

TheFxAce

This pair has been on a near 9 week bulllish run and fast approaching a untested Monthly SUPPLY/SELL zone just above 0.85 you should now look for a correction down towards the last swing high in the previous down leg around 0.82 though it may drop down to 0.80 before heading back up and going the higher levels of the Monthly SUPPLY/SELL zone. So I am now...

TheFxAce

As expected we got the move above 1.21 into the weekly SUPPLY/SELL zone you can read the full analysis in my related post. You will read in that post that I was looking for a SELL signal to occur on timeframes above the 4hr once we went above 1.20 my indicator give that SELL signal earlier today and we entered the position. As per previous post we will target...

TheFxAce

Update on the SELL trade idea from the beginning of the week we rallied straight through the 1.60 level deep into the SUPPLY/SELL zone between 1.60-1.62 without seeing any SELL signals on my custom indicator. Today we have just got a 12 hour SELL signal and have now entered the position with a STOP loss above the SUPPLY/SELL zone and will target the 1.56 area...

TheFxAce

We have now entered a Weekly SUPPL/SELL zone and approaching the 1.40 level which is a previous strong weekly & monthly support level so will so we will expect some resistance here. I am now activily looking for SELL signals using my custom indicator on timeframes 4hr to daily the first easy target for this setup if iit occurs is the 1.37 area which is the...

TheFxAce

Quick update on last weeks SELL trade that triggered the position is running smoothly I have closed 50% of the position and moved STOP to entry price. I will now let this run to the first target are of 1.01 or below you can also see a freshly created daily DEMAND/BUY zone here which was created when we had the breakout of the bottoming accumlation period that has...

TheFxAce

Pair is aproaching a previous strong support level @ 1.60 you also have a weekly SUPPLY/SELL zone located from 1.60 - 1.62 , also with 1.60 being a nice psychological round number giving this SELL idea lots of cnfluence and we are likely going to see a reaction on the approach to 1.60 or above. I will be starting to look for SELL signals from my indicator above...

TheFxAce

You will see by reading my previous posts this pair has been moving exactly as expected since hitting the lows @ 1.04 it's been correcting at the predicted levels like clockwork picture perfect lol What's next you ask ? As wrote in previous posts the SUPPLY/SELL zone at 1.21-122 is a target we got a small reaction at the 1.20 previous support/low I expect the...

TheFxAce

It's taken nearly a week to get a SELL signal on this idea as expected it took out 1.02 smashing straight up above 1.04 which was the area the SELL signal triggered so expect a correction down to here towards the 1.00 level. Read my related post to understand the reasons behind this setup