EURJPY short swing trade set-up based on bear flags 1W and 1D, price riding at top of range/channel, declining green volume, strong heikin ashi bear candles, lower high 1H. I'll take partial profits 60% T1 and trail the balance. This is a risky trade, Im looking at it as a swing trade versus intra-day. Not financial advice, trading FX is high risk.
CHFJPY short swing trade setup based on higher time frame trend bearish, price at the top of the range/channel, strong bearish heikin ashi candle and 9/18 EMA crossover on the 1h time frame. Not financial advice, trading FX is high risk.
$GBP/USD long swing trade set-up based on this spike down to support and strong green candle. Also looking at the fib retrace on the 1D as an optimal entry. I'll take partial profits and trail the rest.
$USD/CAD short swing trade set-up based on strong directional bias on higher time frames. If we get a retrace to the .618 sell zone I'll enter, otherwise I'm happy to let it go. I will never FOMO in and always let price find its way into my set-up, if I miss out then so be it, there's lots of other opportunities. Not financial advice, trading FX is high risk.
$NZD/USD long swing trade set-up based on higher time frame bullish sentiment, and strong support at my entry level. I usually prefer a retrace to the .618-.786 fib zone but this seems to have a reasonable argument to head north from this level. I could be wrong of course as we all are at times, I take a few risks sometimes. Stop loss is a set and forget...
$EUR/USD long swing trade set-up based on higher time frame bullish sentiment and retrace to buy zone .618 - .786 fib level. I'll take 60% profit at T1 (depending on how price reacts) and trail the rest.
Entry long off buy zone .618 - .786 fib and confluence with previous swing high (resistance, now support) prior to strong move. Directional bias due to bullish sentiment on higher time frames (4h, 1d and 1w). I tend to set generous stop losses with reduced risk%. Profit target as per T1 to take 60% and leave the rest on the table with SL trailing price movement.
$USD/JPY short swing trade set-up based on a retrace to the .5 fib level, following the overall trend (bearish) on 1d, 4h and 1h time frames, and sell zone a strong resistance level with multiple touches previously. As always, trades can go against us no matter how good a chart looks so risk management essential.
$EUR/CAD short swing trade set-up based on trend continuation, retrace to optimal entry on fib, price testing strong resistance level. I'll take partial profits 60% at T1 and trail the rest. Not financial advice.
$EUR/USD long swing trade set-up. Ill be taking a partial profit of 60% at T1 and trailing the rest. Not financial advice.
Swing trade setup EURUSD short to catch this retrace due to strong resistance and price extended somewhat. Its also at the top of the weekly range adding strength for a potential pullback.
Heres my entry setup based on higher time frame price above EMAs and this retrace to previous support. Not financial advice.
Heres my long trade setup today based on higher timeframes riding above the EMAs and retrace on the 4H to the .618 fib level. Not financial advice.
Heres my trade set-up long based on this green candle and given that price action is riding above EMAs on the 1W, 1D and 4H. This has good bullish momentum evident in the price action. Not financial advice.
Heres my swing trade set-up today long NZD/SGD off this strong bullish candle. Weekly and daily both bullish above EMAs and price action showing good momentum to the up side. Not financial advice.
Heres my short set-up $EUR / GBP pair based on strong bearish momentum evident on all time frames. Price action testing this resistance level, and the odds are in my opinion, we get another move south. Watch out for stop runs. Not financial advice.
Heres another angle for a long set-up using the Ichimoku on a 1D and 4H. Two things that stand out are the candles entering the cloud with potential for an edge to edge break on the 1D and the test of the red Kijun-sen on the 4H. Not financial advice, I just love messing around with pretty pictures on these charts.
Long trade set-up USDJPY today. Bulls dominating with good momentum and looking for a move up to complete an Elliot w5 perhaps. There's ample space for a nice rally to T1 if this momentum continues. Not financial advice.