We take a long trade as equidistant bullish channels supports as new MACD bullish momentum comes into play. Always be careful not to over commit capital and be proactive with your trade management. Best practise at all times.
Following our FX FTM strategy we see the FTSE heading lower to 7300/7250 level. Lots of macro data supporting the view for lower equites at the moment. Keep strict with your risk applications and proactive with your trade management.
Following on from todays analysis this pair has triggered a short at 1.66337 level.
Solid support and trend break so we have taken a long with a 2:1 risk reward ratio.
Nice trend break from highs as we see some JPY strength after recent weakness. Question is does the BOJ intervene.......they did last September around this level.
Lets play the repetitive pattern here and take a long at 158.125 level S/L 156.990 T/P 159.420. Keep sensible with your trade risk allocation.
Following US inflation numbers our long has been triggered. On a momentum basis we think prices will head back to 23.500 level from current 22.920 level.
Trade Analysis: Bearish Risk: 1% Timeframe: H4 Entry: 78.71 Level Crude following the stock markets after Fitch downgrade hits home. Technically a nice trend break with negative momentum as we look for prices to head back down to $75 and potentially lower. Updates daily in the VIP group chat.
After solid inflation numbers early on this morning GBP is as they say ’flip flopping’. We favour a push lower and have put in a sell stop at 2.06300 level S/L 2.07880 T/P 2.04000.
We see support at the 200 day ema bullish as momentum turns positive. No need to over complicate it!
We see a short opportunity as price action retracts from recent high levels. Momentum also adding additional confluence by turning bearish.
We have a clear upside break where we are happy to take a long with further upside propulsion expected.
We a short trade on the daily timeframe and with all the uncertainty in the banking sector further downside could ensue.
We highlight old resistance acting now as new support! With 200 day ema support holding and new bullish momentum kicking in we are confident to take a long trade as prices move higher. Updates daily in the VIP group chat.
Another lower high established as prices resist at the 200 day ema. We can take a short trade (min. 1:1 RRR) as we expect prices top move lower. Updates daily in the VIP group chat.
Following the theme of our recent analysis this pair is now moving in the right direction, a long has been taken at 0.65600 S/L 0.6494 T/P 0.66860.
We pride ourselves on consistencet as we always say ‘trade with the trend’ & ‘historical patterns repeat themselves’ so we should be confident of taking a long as further upside propulsion is favoured. Note the MACD is smartly moving to a bullish position. Updates daily in the VIP group chat.
We highlight recent activity and pullbacks from the 200 day ema resistance level. A short opportunity!