chris333

chris333

The Swiss Franc has a good setup on the Hourly. With a convincing Super Pivot Stack in place the support is in for a bias long move. Buy if the price trades through 1.0016 then place the stop loss at 0.9998 with a profit target 1.0052.

chris333 Updated 

Crude Oil appears to be setting up for another run up in a continuation of its rally since the fourth quarter route of last year. A Minor Pivot Stack is in place, but the price will need to confirm strength on a move through yesterday's high first. Then the Pivot Stack should provide a much more convincing support level.  Go long if the price trades through...

chris333

The Euro Swiss Franc has a good Super Pivot Stack in place. This is providing strong resistance and could be setting up for a sharp move down. Wait for a move through the swing low to improve the odds of a continuation selloff.  Go short if the price trades through 1.13090 and place a stop loss at 1.13760 with a profit target at 1.11920

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The Euro Currency cross with the Canadian Dollar has a short term setup on the Hourly chart. A very narrow Super Pivot Stack provides convincing support for a potential rally over the next few hours. Go long if the price trades through 1.4986 then place a stop loss at 1.4966 and a profit target at 1.5014.

chris333

On the shorter term Hourly chart the EURCHF pair has a supportive Major Pivot Stack in place. Coming off of an uptrend that wrapped up the end of last week, this market could pop to the upside over the near term through tomorrow. Go long on strength through 1.13600 and place a stop loss at 1.13420 and profit target at 1.13870.

chris333

The market bounced off the Monthly Pivot Range high last week and is edging higher now. With the Minor Pivot Stack providing support, the price could pop from here.  Wait for confirmation of strength by entering if the price trades through 143.14, then place a stop loss 140.89 and a profit target at 145.79.

chris333

The Euro looks like it has a short term bottom in with a supportive Minot Pivot Stack in place and a large gap to the Monthly Pivot Range, which would be a good profit zone. A convincing Hammer candle is also bullish, which occurred a couple sessions ago. Go long on strength through 1.13160 and place a stop loss at 1.12320 with a profit target at 1.14410.

chris333

A short term setup has formed to go long the Silver market. On the Hourly chart, the short term Pivots are setting up for support and we could see a breakout to the upside for a good risk reward trade. Go long if the price trades through 15.63 and place a stop loss at 15.52 with a profit target at 15.81.

chris333

A Minor Pivot Stack is in place and it is providing support for a move up. Before going long we want to see confirmation through the swing high of last week. Go long at 82.740 and place a stop loss at 82.740 and a profit target at 86.040.

chris333

The necessary elements are in place for a sell setup in this Euro Aussie pair. With the Major Pivot Stack providing resistance to a move up, the price is beginning to breakdown. Look to go short in this area or at a break through the 1.5839 level, then place a stop loss at 1.5967 and a profit target at 1.5418.

chris333

A Minor Pivot Stack is in place and the Hammer candlestick from 3 sessions ago make the upside look promising. The market is searching for a direction as you'll notice it has trended sideways for the last few weeks. Go long on strength above the 110.240 and place a stop loss at 109.38 and a profit target at 111.950.

chris333

The Euro and Canadian Dollar crossrate could be setting up for continuation of its selloff. The Minor Pivot Stack is providing resistance and the downtrend is still intact. Again, as we almost always do, wait for weakness to be confirmed through the recent low before entering short at 1.49480. Then place a stop loss at 1.50540 and a profit target at 1.47750,...

chris333

Despite a current short term rally in the price intraday, the market has a good setup to go short. If the price can trade through the recent low on the inverse hammer of yesterday's session, this would be confirmation of the short trade setup. Go short if the price trades through 1.13090, then place a stop loss at 1.13860 and a profit target at 1.11870.

chris333

The pair of down under dollars crossrate looks to be setting up for a rally.  With the Minor Pivot Stack as support and the longer term Monthly Pivot Range underneath, the setup is intact with a long bias. Five trading sessions ago, a long hammer formed and this underscores the forming of a bottoming in price. Hence, go long on strength through 1.05410 and...

chris333

If you like good risk reward setups, then the Yen is currently for you. The Minor Pivot Stack is in place and supportive.  Go long a break above 110.190 and place a stop loss at 109.280 with  a profit target at 112.380

chris333

The Swiss Japanese Yen cross has a good short term trade on the hourly chart. The price has formed a good hammer at the end of this trading hour which is bullish. All the Pivots are supportive, so go long on a break above 109.930 with a stop loss at 109.730 and profit target at 110.330

chris333 Updated 

The EURAUD crossrate is appearing bearish with a convincing Major Pivot Stack setup.  With the new Monthly Pivot Range now printed on our Daily chart we can see the resistance levels strongly intact, the series of colored circles above the current price. Look for a selloff through the previous session low approximately 1.57160 and place stop loss...

chris333 Updated 

Australian Dollar looks strong these days with the uptrend remaining intact despite the recent pullback. Now the trend has more legs with the Monthly Pivot Range continuing underneath in this new month. The Minor Pivot Stack should continue to provide support as the market approaches the swing high.  Go long if the price trades through 0.7303 and place the stop...