Trading_Vista

Trading_Vista Updated 

After 8 trading days of bullish PA, IMO a pullback is due. If this market does pullback to the 144.80 region, I would be interested in taking a long. Seeing some bullish evidence on a lower time frame would be essential. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content,...

Trading_Vista

Anyone looking at the daily chart would agree that the overall flow in this market is bearish. I am waiting for the current counter-trend move to get exhausted and evidence that the bearish move has commenced. Two possible locations of such reversal are the zone I have marked or the major s/r area around 0.900. I will be monitoring price action on H4 and H1 time...

Trading_Vista Updated 

This pair has had 3 consecutive weeks of losses and in my opinion, this trend will continue during the upcoming week. Looking at recent PA, the bulls have tried to recover some ground, but these have been mostly weak moves that were quickly reversed by the bears. A similar pullback and further bearish evidence will provide another opportunity to go short. If my...

Trading_Vista

The overall flow in this market has been bearish, even though recently price was moving sideways. After some serious bearish action on Friday, I expect the bears to follow through with more. A retracement to the 0.9640 area would be nice and that is where I will be monitoring for some bearish evidence. The first target is quite obviously in the 0.9530 region. If...

Trading_Vista Updated 

This pair has been neutral recently, it does make bullish moves but retraces all or most of that move. The last daily candle however was quite strong and, in my opinion, we may see a significant bullish continuation next week. Chasing price is not in my trading plan, I prefer to wait for a pull back. If price continues without one, I am happy to let it go. Two...

Trading_Vista

Each week, we traders analyze a few currency pairs for possible trading opportunities. I want to draw your attention to also look at the entire group of corelating pairs i.e., all USD, all Euro, all JPY pairs and so on. To illustrate this, let us take a look at some JPY pairs. The following are some advantages of doing this type of analysis: 1) If you are...

Trading_Vista Updated 

Yes, I do think it was an overreaction. Looking at recent price action we can see how bullish the pair was. This was a solid long trade that got halted at 140.00. After a few days of consolidation, price broke out and a climb to 144.00 was easy. Consolidation followed again and my expectation was that we would soon get to 148.00 (see my posts of 17 June and 01...

Trading_Vista

On the weekly: a triple bottom (including a false break). On the daily: Neutral to bullish. The last 3 weeks we have seen a gradual move up and price has been above the 200dma. On the H4: Looks bullish. A nice strong move up followed by a range formation. The false break below confirms my bullish bias. If, however, we get a close below 1.4470 that would negate my...

Trading_Vista

Current market state - Ranging Preceding move - Strongly bullish My bias - bullish Trade location 1 - After a break out and retest Trade location 2 - At the bottom of the range if bullish PA is seen. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs...

Trading_Vista

As I anticipated in my post of 17Jun, this pair is likely to get to the 150’s. From the mid 141’s we are now in the 144’s and I do not see any reason why the trend will change any time soon. The trend is quite clean, the wicks are quite small and pullbacks are not deep either. Bearing in mind that the trend can become more volatile at any time, I remain with my...

Trading_Vista

The daily chart and the 200 day MA are known to provide a really good trading opportunity – not always but frequently. When price has spent some time below or above the MA and it crosses over to the other side, you should be watching this. If price retests the MA and gets rejected, you may have an opportunity to catch a multi-day runner. In the USDTHB chart here,...

Trading_Vista

On the daily chart this pair is still bullish but we do have a lower high. As the H4 chart shows we seem to have formed a double top. Look at the recent PA within the equidistant channel and note how each bullish move is immediately followed by a bearish move of similar strength. IMO, the bulls are running out of steam. It is likely that the battle between the...

Trading_Vista

This is not a trade idea, but just a guide about what to look for when a trend is starting. 1) Almost always a market will consolidate (range bound) before a trend starts. 2) You can trade the top and bottom of the range, but usually you have no idea if the range will break at the top or bottom, so it is better to wait for a breakout to show you the...

Trading_Vista

This pair broke below the significant s/r zone around 0.9000 and is now pulling back towards it. I am looking for signs of a bearish continuation in that area. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more...

Trading_Vista

This pair had a good week and looks ready to move significantly higher. Recently it had found liquidity in the 140 region and will need the same to find some momentum to the upside again. I think a pullback to the low 141’s is possible before the uptrend resumes. How far you trade this will depend on your belief, patience and ability to stay with the trade....

Trading_Vista

The weak retracement has finished with a rounding price action. We should head down again, lots of room to the downside. How much you get out of this depends on your belief and patience. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and...

Trading_Vista

If you zoom out on the daily chart, you can see the potential for this pair to go much higher. Looking at recent price action on the zoomed in view, we can see it has been in a range between 1.510 and 1.105. After 3 bullish days, it looks likely that the bullish PA will continue with the 1st target to the top of the range. We can anticipate stalling in the 1.140...

Trading_Vista Updated 

As my H8 chart shows, this pair has been struggling to keep making higher highs. In fact, we are now seeing marginally lower highs. The recent high at 1.9797 is worth keeping an eye on. If the next high is lower than that and the recent low at 1.9610 gets taken out, this pair will be bearish. If however, we get a higher high, this will negate my analysis. There...