120.83 = LONG STRUCTURE AFTER A PROLONGED SIDEWAYS FORMATION, THE CLEAR PICTURE EVEN DURING THIS PATTER IS THAT USDJPY IS STILL LONG. WE ARE NOW TRADING ABOVE THE STRUCTURE 120.83 WHICH IS OUR BUY POINT. A DIP BACK INTO THE STRUCTURE WILL ONLY SERVE AS ANOTHER BUYING SIGNAL. * IN SHORT TERM PLACE A STOP BELOW THE 4 HR GIFT 120.68. * TARGET 1 = 121.83 BEFORE 123.20
WE HAVE ESTABLISHED A SMALL SHORT POSITION IN THIS PAIR FROM LAST WEEK. FROM THE 30MINS STRUCTURE 0.8062. THE PAIR HAS BEEN GRINDING LOWER GRADUALLY AND WE EXPECT MORE DOWNSIDE. THE STRUCTURE (0.7936) IS WHAT WE WANT TO LOOK AT. BELOW HERE WE REMAIN SHORT, ANY TRADE ABOVE HERE WE WILL CLOSE OUR SHORT AND LOOK FOR BUYING OPPORTUNITY. * SHORT BELOW 0.7936 * STOP...
133.09 = SELL STRUCTURE 136.94 = BUY STRUCTURE EURJPY HAS BEEN IN A NICE UP MOVE, ACCORDING TO THE 4HRS. WE STILL HAVE TO BUY INTO DIPS BECAUSE OF THE LAST STRUCTURE HIGH OF 136.94. THE ONLY RESERVATION WHICH IS NORMAL IS THE BREAKOUT & RE-ENTRY OF PRICE INTO THE 136.20. * wE ARE GOING LONG FROM HERE (134.40) TO TARGET (136.20) * STOP PLACED BELOW 133.80
The pair made a bold move to break the barrier 0.7990.with no success. Our stop is placed above 0.8000 and we will use the triangle as a guide. A clear Break either side will signify a follow through.
After the much awaited NFP, We expect USD to make a big pullback! USDJPY is unable to trade above the mini structure 119.80 Our short for this trade is 119.70 stop is very tiny above 119.80-85. A break below 119.36 will give us a proper slide to 118.30 first target. Below here we expect the pair to trade towards 117.119. ENTRY: 119.70 STOP: 119.85 1ST TARGET:...
Long cable from 1.5404 this pair have turned the corner and we are making the U-turn with it. The pair is in an up-trend (1 HR Timeframe) the price now have now tested the higher-low of 1.5404. Here we can long and place a very low risk stop just below the 1.5404 because we are expecting a higher prices above 1.5551. The law of trendS expect a new high because we...
$AUDUSD recovered from the intraday structure of 0.7755 on Tuesday. This move is the begining of the anticipated long pullback that we have seen in the weekly chart. We are long from 0.7840 with 0.8022 as our initial target before any extenssion to 0.8288. STOP: Below 0.7831
GBPUSD IS LOOKING VERY INTERESTING AND THE SET UP HERE IS QUITE CLEAR! WE ARE GOING SHORT AT 1.5455 DUE TO THE REJECTION THAT HAPPENED LAST NIGHT AFTER THE FOMC. THE HIGH OF 1.5480 IS LIKELY TO BE IN PLACE FOR A WHILE AND WE ARE LOOKING FOR LOWER LOWS. LOOKING AT THE DAILY CHART, THE TREND IS PRETTY BEARISH AND THE MOVE WE HAVE SEEN FOR THE PAST 2 WEEKS IS A...
We are long on a short term for a re-test of 119.95. (Today/tomorrow) if the price manage to take out the high 120.47 then short is not an option. After this we will sell the pair and we expect the price to decline again and give us a nice break of the 118.30. structure(sell-point) a break below this point, we will bring our stop firmly on the 118.20. After this...
-THIS PAIR IS IN A SMOOTH UPTREND AS THE ARROW SUGGEST. -AFTER LONG CONSOLIDATION DOLLAR YEN FINALLY UNLEASHED ITS BIG GREEN CANDLE ON FRIDAY. -MOST IMPORTANTLY, A CLOSE ABOVE 118.85 WHICH IS A STRUCTURAL LONG POINT. -IN THE COMING WEEK WE WANT TO BUY EVERY INTRADAY DIP AS LONG AS PRICE REMAIN ABOVE THE STRUCTURE 118.85. -BUY ABOVE 118.85 -OUR FIRST TARGET IS...
-FIRSTLY CABLE IS IN A DOWNTREND(THE RED ARROW CLEARLY SHOWS THIS) AND PREFFERABLY WE WOULD LIKE TO BE A SELLER. - WE BOUGHT THIS PAIR LAST WEEK AND IT GAVE US A NCE MOVE TO THE UPSIDE -THE PAIR HAVE MADE A LOW OF 1.4950 ON 23RD OF JANUARY BEFORE THE PULLBACK TO 1.5340 AREA. -THIS PULLBACK IS A MERE DISCOUNTING IN PRICE AND WE SHOULD SEE IT AS A SELLING...
CABLE IS INTERESTING! THE STRUCTURAL LOW OF THURSDAY 1.5017 HAVE FAILED TO SELL. ON FRIDAY WE SAW A NICE PULLBACK TOWARDS 1.5080 BEFORE THE WEEK CLOSE. THIS WEEK OPENS WITH A GAP UP AND PRICE HAVE TRADED AGAIN THIS STRUCTURE WITHOUT THE DESIRED CAPITULATION. WE ARE GOING LONG IN SHORT TERM ABOVE 1.5034 WITH A STOP PLACED BELOW THE BIG FIGURE 1.5000. OUR TARGET IS...
USDJPY BEGAN THE WEEK WITH A PUSH UP TOWARDS THE 117.86 AREA, WE SAW A QUICK PULLBACk IN THE PAIR MAKING A LOW OF 117.52, THE SECOND ATTEMPT TO REGAIN THE 80-86 LEVEL WAS REJECTED FAILING TO MAKE A NEW HIGH. A BREAK BELOW 117.52-50 AREA WILL SIGNIFY A SLIDE IN THE PAIR, ALSO THE 117.86 EARLIER WILL SUGGEST A RE-TEST OF THE 15TH JANUARY STRUCTURE. WE WILL SHORT AT...
1. The trend is UP and we want to buy every dip in the pair. - We will go long above 117.93 and retest! 2. A break below the structure 115.55 will call for further slide and we will short the pair! Final Call: At the momment we sit behind the fence but very interesting setup both ways, we shall wait and see! GL
Aussie have failed to stay above the structure 0.8214 twice. The trend is bearish, a failed attempt to make a high is a sell signal. Below this price, we remain short stop place above 0.8255. GL.
We now have a short position on this pair. -The move above 1.05710 on 14th January is just to take stops, as we can see price have failed to stay above that price point. -We have an entry below 1.05710, stop placed just above 1.0630. -A break and retest below 1.0352 will signify further decline in this pair. GL.
AUDJPY is now entering into a bull run after a very nice pullback. We have 98.29 as the next level before further move upside. A break above the stress point 98.29 should clear way for further big green candles. Stop is placed below 97.27
-The scenario here is clear. We have a nice sell-off in the pair EURJPY. The support trend line is the Daily re-test of the move up, we have an interesting price action in lower time frames (30MINS & 1HR). We have to act quickly to catch it at the right price. Again we are still in an Up-trend and the decline in price is a chance to buy the pair. Stop is placed...