hachemnader

hachemnader Updated 

Seeing a double top formed here. Even though has not broken the neckline it is below the 21 and 50 EMA on Daily and below 21EMA on 4h. Early entry for this one but I believe has good potential.

hachemnader Updated 

Been watching the double top forming here for a few day now. I am entering a bit early as it has NOT broken below neckline of double top. If you want to take the risk with me up to you. Safer to wait for break but for me the big red candle close below the 21EMA is an early entry signal for me. Stops are set and targets set. Lets see how it plays out.

hachemnader Updated 

On Daily break down from the wedge and 21 EMA crossing under the 50EMA. I feel like the USD is picking up steam after being in a sideways move last few weeks. Entered a few USD trades, this would be my third. Any more would have to be very small positions.

hachemnader Updated 

New oil play, after last week action going back short on this on the bounce off 21 EMA. It hit there at the last 4h Close and decided to enter short. Stop is set just in case but I believe this is going lower as it is in a downtrend at the moment and I find it made lower low on the 4h AND it is still below the 21 AND 50 EMA on both the 4h and daily. There was a...

hachemnader

This looks like a double bottom forming here and higher lows on one of the bottoms. I will watch to see how the day closes and if above the 1.29 mark with a strong candle will enter long. This has been a great trade for me in February as I held for 4 weeks and it paid off as it was my biggest win so far this year. I exited near the 1.29 level because it is...

hachemnader Updated 

Entering here on the daily retrace with a green bar. Stop set to just above high for the day. Believe this has changed directions to a downtrend. Below 21 and 50 EMA and crossover of 50 EMA by 21 EMA down.

hachemnader Updated 

This trade I entered yesterday but forgot to post. Have been watching this for a while and watching the lower highs and lower lows as can be seen on the chart. I decided to enter on the lower high point here. A little early but lets see how the trade plays out. If you look closley there is also and downward channel. Sometimes I enter trades early to get a better...

hachemnader

Looks like a break below the support line. This has been moving sideways for weeks and I beleive a break of the 113 paves the way down to 110 at least, possible 109. 4h and daily are both below 21 and 50 EMA, and on the daily the 21 EMA has crossed below the 50 EMA.

hachemnader Updated 

Update to previous USDCAD long reported earlier in the month. Still holding to this and now I see a bullish pennant. It has been consolidating now for a few days. Could be wrong but that is my opinion. I will hold this a little longer. May be a bit longer than my usual 2 weeks as I want to see how this pennant plays out. Stops are in place just in case.

hachemnader Updated 

Here I see a retrace back to the 50EMA line. Will short here to see if we make another run down to the 58. Cheers

hachemnader Updated 

This one I am watching closley. I have not entered yet. What I see is the break of a trend line and then a bounce back. I also see a head and shoulders pattern forming although that has not broken the neckline yet. You could use the main trend line as an early entry signal. For me I will watch it and see how the candle closes on the daily and make my decision...

hachemnader Updated 

Been watching this chart for some time now. Was looking for a break below the support line that has been in place for weeks. Final break came yesterday. Prediction is a move down from here. We'll see.

hachemnader Updated 

Decided to enter a small position as I believe it will bounce as it keeps testing the 21EMA and bouncing. But also set a stop in case I am wrong. Only thing we have control over in the markets is how much we want to lose or win. Keep that in mind ;-) Happy trading.

hachemnader Updated 

For this one It has fallen below 21 and 50EMA. Been watching it for a re-trace and it seems today is the day. It went back up to the 21 and 50 EMA. Going short with a target as can bee seen here. past few weeks it has shown a constant lower highs and after breaking down a few days ago I believe this is a good short. Set my target and SL. Happy trading.

hachemnader Updated 

Been watching this climb for a while. It has now dropped below 21 and 50 EMA. There is also a crossover of the two EMA into negative territory. Finally there are large wicks to the upside, which I interpret as every time buyers tried to go higher they were pushed back lower. Everything in this speaks to a short. But as always a stop is in place as we don't control...

hachemnader Updated 

Large head and shoulders pattern formed and broke below neckline. May retrace slightly back but for me looks like a down trend coming.

hachemnader Updated 

Just crossed over the 21EMA on the daily. Although this is an early entry, it may go both ways I believe it is the turning point. Lets see how it plays out.

hachemnader Updated 

Based on a H and S pattern and bounce off 21 EMA predicting this is going up. Not in this trade as I am already invested in 2 other short CAD positions and that is enough. But observing this for practice.