glennmercer

glennmercer Updated 

As the title suggests, CAD looks strong in the NY session. I like this spot for a EUR reversal toward the downside after strength in the London session. Good R/R, and I like the odds. Cheers!

glennmercer Updated 

Good R/R here with strengthening dollar and weakening Euro.

glennmercer Updated 

I like the Franc long and the JPY short. Although the technical setup isn't perfect, this is a great R/R following a nice bearish impulse on Monday. I predict this move to continue through the rest of the month, with profit-taking on or around March 31. Cheers

glennmercer Updated 

Looking for long continuation from here on this pair. AUD coming up on an indicative support level, and we have significant resistance on the kiwi. Looking for at least a 2:1 swing trade. Cheers! Be safe

glennmercer Updated 

Hey Traders, just checking in with a quick update on a potential US equity breakout. I like the way this is setting up on all indicators. Good price action, tons of potential return and limited risk. Cheers. Looking at entry at current level.

glennmercer Updated 

EURJPY may be ready to drop from here judging by the reversal at the end of London trading. Total R/R of 3.5 at T3. CHEERS

glennmercer Updated 

Hey traders, long time no talk! Hope everyone enjoyed their summers. Big things coming soon in Pine Script and an accompanying blog. Here's a trade I'm watching - looking for a reversal sign at the level shown. Cheers!

glennmercer Updated 

USDJPY is showing great signs of strength this morning on 1m to 4H timeframes. A buy toward the .786 fib provides a good RR.

glennmercer

Last week's price action produced a solid series of first waves and a strong drop toward the end of trading. More downside is expected as third and fifth waves pan out. This is a great spot to get short with SL behind first wave and root support structure. Cheers

glennmercer

The pair carries bearish momentum from last week and showed great weakness toward the end of the trading day. Strong third wave on the lower time frame. Cheers

glennmercer Updated 

NFP Sent the dollar sailing and it has since given back some gains. GBP is weak and against the dollar is setting up for another fall. Cheers

glennmercer Updated 

Hey traders, I'm still in this GBP Short - I want to add here after the FOMC meeting and continued dollar strength. There are multiple bearish impulses continuing on the lower timeframe and we are contained inside of a bearish channel. Cheers

glennmercer Updated 

Earlier, we had a big win on USDCHF. I still like a long position so I am re-entering at current levels. Lower timeframe shows potential continued bullishness.

glennmercer Updated 

GBP is showing continued sings of weakness and CAD is strong today. On the lower timeframe, a fifth wave is setting up. Cheers

glennmercer Updated 

Hey traders, I like a short EURUSD after the FOMC. The trend is down and we are still raging in the fifth wave down. Cheers

glennmercer Updated 

GBP strength + Dollar weakness + Unfinished impulses on the lower TF = Short Here are the unfinished bearish impulses on 5m Cheers!

glennmercer Updated 

I see a series of ones and twos totaling five bearish impulses. I like a short where we move SL to breakeven at T1 and target lower levels where it is likely we will see a wave of upcoming fours and fives (expect choppiness). Cheers

glennmercer Updated 

Hey traders, the kiwi is weak and the CAD is strong. This is a great setup for continued EW bearish impulse. Targets are at 1:1 and completion of a potential Bat pattern. Cheers