Trader_97

Trader_97

After a break of bullish structure and sharp sell off post U.S elections. The storm seems like its over but the bias has turned bearish so now that we have confirmation like break of trend line support and structure breakout. We will enter shorts here. Entry: 1.6263 Targets: 1.6030 & 1.5800 Stops: 1.6500

Trader_97 Updated 

I believe the pair is starting to show some signs of a potential end to the bearish action so we'll start looking for long positions and thus we mark our entry at 1.0846 Entry: 1.0846 Targets: 1.0894 & 1.0952 Stop: 1.0804 Risk to Reward ratio is 1:2.3 Risk to Reward

Trader_97 Updated 

Going long on EurJpy Entry: 160.70 Target: 163.58 & 166.67 Stop: 157.67

Trader_97 Updated 

Going long on Gbp/Jpy, The pair looks like it could continue to move higher especially after opening with a gap. The price action behavior is a bit stiff and this setup does come along with its own risks like the GBP news events today. Entry: 199.66 Stop: 197.70 Targets: 201.50 & 203.44 Risk to Reward 1:2

Trader_97 Updated 

Price seems to be getting ready to take off, we might see 1.1104 soon. The Kiwi hasn't performed as strongly as I was hoping it would this week which lead to price having a break and close above 1.0946 which now gives us the High low Higher High in formation and with tomorrow NFP data coming out. Markets should have more clarity on all USD crosses and if Kiwi...

Trader_97 Updated 

Going Long on GBPCAD early in the week. The pair looks set to continue higher and put further gains on the table. Entry: 1.8000 Targets: 1.8148 & 1.8294 Stops: 1.7859 Risk to Reward is 1:2 #GBPCAD #Tradesetup #Long

Trader_97 Updated 

Targets: 2646 & 2716 Stops: 2509 Risk to reward ratio : 1:2

Trader_97 Updated 

Going short on Eur/Nzd Targets: 1.7452 & 1.7216 Stop: 1.7947 Risk to Reward: 1:2

Trader_97 Updated 

Going long on GBPNZD for 3 reasons 1. Breakout Confirmation 2. Inverted H/S neckline breakout confirmation 3. 1:2 Risk to Reward. Price may continue to move higher if the data release doesn't mess stuff up for the pair this week. Note: Trade with caution and manage your position volume wisely.

Trader_97 Updated 

Price has broken out of the previous structure we were trading in and price is retracing so we'll enter around $2720-$2723 and see how it goes from there. Entry: $2723 Targets: $2770 & $2818 Stops: $2672 Risk to Reward: 1:2

Trader_97 Updated 

Price likely to move higher if correction on GBP/AUD ends here. I'm going long here for a couple of reasons. The bearish trend line on the H4 has broken out. Price has confirmed Higher low Higher high formation. R.R: We have a decent 1:2 risk reward chance here.

Trader_97 Updated 

Going Long on GBPAUD early in the week. The pair looks set to continue higher and put further gains on the table. Entry: 1.9600 Targets: 1.9808 & 1.9999 Stops: 1.9430 #GBPAUD #Tradesetup #Long

Trader_97 Updated 

Going Long on EURNZD early in the week. The pair looks set to continue higher and put further gains on the table. Entry: 1.8062 Targets: 1.8244 & 1.8426 Stops: 1.7875 Risk to Reward is 1:2 #EURNZD #Tradesetup #Long

Trader_97 Updated 

Looking to go long on GbpJpy. Targeting the area around 199.18 for 1:1 risk to reward with stops around 195.07. Alternatively if we break past 199.18 and close above it with confirmation. We may likely see further gains

Trader_97

Going Long on EURAUD and adding pending orders for further entries around. The pair looks set to continue higher and add further to its gains from last week. Entry: 1.6346 Targets: 1.6518 & 1.6680 Stops: 1.6180 Risk to Reward is 1:2 #EURNZD #Tradesetup #Long

Trader_97 Updated 

With NFP data scheduled to come out today. If good numbers come out the data could fuel USD further and as a result we might see a continuation towards the upside for further correction. What do you think. Share your thoughts in the comments below

Trader_97 Updated 

Price likely to move higher. We're expecting to see a move towards ¥404,906. Entry: ¥396,405 Target: ¥404,906 & ¥413,978 Stop: ¥387,640

Trader_97 Updated 

This trade setup looks promising but the risk it carries is very high. Should the price remain above the 2636 mark it should make for a good bullish setup. The 2708 is going to be our first target. The trend has already extended it self quite a bit.