Trading_Vista

Trading_Vista Updated 

If you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis. Moving on .. Gold has been a great performer this year, it was very recent that it made an ATH of 2483.68. It then pulled back (profit taking ??) but very quickly the bulls are back and attacking that level again. Gold looks strong especially since the Fed...

Trading_Vista Updated 

First of all, if you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis. This pair has been mostly bearish since mid-June with a pullback during the last few days. In my opinion this pullback will soon end and if I see evidence of that I’ll be taking a short trade. Note that the 38.2% retracement level and the 200...

Trading_Vista Updated 

First of all, if you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis. On the daily time frame, Ichimoku Kinko Hyo screams … bearish!! Here is why: Future cloud – bearish Price broke out of the cloud to the down side - bearish Tenkan Sen cross below Kijun Sen – bearish Tenkan sen pointing to the down side -...

Trading_Vista Updated 

First of all, if you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis. We have a bearish move that began at the end of May that retraced about 62%. This was followed by another leg down that is currently retracing. I am bearish on this pair and hopefully, we will see a decent move up that gives us a better price...

Trading_Vista Updated 

Hesitation at a significant s/r level always makes for a low risk trade. I am looking to ride this up to 1.1660, could be much higher if it builds up strong momentum. I know today is Friday but this pair has a positive swap for a long trade. I have taken a long, but closer to NY close time, I will decide if to stay with it. This is not a trade recommendation, it...

Trading_Vista Updated 

Many of us never realized that the current bull run in this pair began more than 4 years ago. Is anything going to change soon? I don’t think so, not until the recent low at 167.520 is convincingly taken out. At this time, my bias is therefore bullish and I am only looking for the conclusion of the current pullback. Once that is established, I will be looking...

Trading_Vista Updated 

Once again, this pair is moving sideways between 1.9320 and 1.8910. Two touches on either side defines a valid range that can be traded and I will set a pending short trade near the top with target near the bottom of the range. I just want to capture about 75% of the down move if it happens. This is not a trade recommendation, it is just my analysis. You...

Trading_Vista Updated 

The up trend that commenced in March has stalled a bit and price is retracing. Support could come at the 95.50 area and the 50% retracement of the recent bullish move is also nearby. At this point I have no interest in shorting this pair. IMO the bulls will regain control of this market and I want to trade long when there is evidence of that happening. This is...

Trading_Vista

Preceding trend - bullish Recent trend - ranging Current move - break out of range Question - Will it pull back, retest the top of range and provide a decent entry to go long?? This is not a trade recommendation, it is just my analysis. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use...

Trading_Vista Updated 

Price above the cloud? Yes Tenkan-sen crossed above the Kijun-sen? Yes Chikou span above the cloud? Almost there Chikou span above price? Yes Future cloud bias? Bullish This is not a trade recommendation, it is just my analysis. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use...

Trading_Vista Updated 

This pair is at a significant level of 0.5500 but I have to admit that I am a bit double minded. I want to go short, but cannot rule out a bullish continuation either. So let me list the Pros and Cons. Pros Preceding trend was bearish. Price is consolidating in an upward sloping channel – also known as “bearish flag” pattern. For the past 5 trading days, price...

Trading_Vista

As I posted on 15 June, this pair gave us the opportunity to trade within a range. It has now broken out to the upside giving a probable bullish move. I don’t chase price so I am looking for a pullback to the top of the previous range to go long (if that happens). If there is no pullback and price just continues on its current path – so be it. I am already long...

Trading_Vista Updated 

I took a long already - looks solid at a significant level too. This is not a trade recommendation, it is just my analysis. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management in your trades. If you like my idea, please give a “boost” and follow me to get even...

Trading_Vista Updated 

On 20 June price broke below 1.7330 and also broke structure. It had earlier consolidated in the 1.7440 area and is now consolidating around the 1.7330 region. Being a bit aggressive in my trading, I am already short but IMO it is still a great (maybe even better) time to jump in. Will price retrace a bit? Maybe!! If my analysis is correct, this could turn out...

Trading_Vista Updated 

It's been 7 trading days already and the gap created on 10 June remains unfilled. It's not often that we see such PA in the forex market. After trying to 'runaway' I think that this market is now inching towards filling the gap. If/when that happens I will be looking for a bearish continuation. This is not a trade recommendation. Trading carries a high level of...

Trading_Vista Updated 

As you can see on my D1 chart, this pair was in a bearish trend until 05 June but then it starting retracing. The recent 2 days we have seen a doji followed by what could be a shooting star. These indecision candles are printing at the 50% retracement level that is also a significant s/r area around 1.08740. All these provide confluence to this bearish setup. We...

Trading_Vista

If you liked my recent idea of trading the rangebound AUDUSD (Hopefully you made some pips), you may want to take a look at Gold. My chart shows what I am thinking!! This is not a trade recommendation, it is just my analysis. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Anything can happen in...

Trading_Vista Updated 

Price action on this pair is very similar to what I see in AUDNZD, I have already posted about that (see link attached). Here too I am expecting a small retracement, either to the nearest resistance (1.7330) or the 50-61.80% retracement area. I will be monitoring PA if this happens on a lower t/f to find some bearish evidence. Target can be above the next...