hope.bleecker

hope.bleecker

I've had some good trading this summer anticipating the dollar drop. It seems as though the Euro and the Pound have respected that dollar return up to 12040, with buys longer when the dollar decided not to break higher. On that note, hold the buys on those pairs as we return into central support at 11878 and anticipate further selling on dollar as we get into the fall.

hope.bleecker

I've come off of the usd basket pairs long from this morning as we began the first bearish candle on this top of the consolidation range. Looking to break out of this consolidation range and then sell the USD basket and go short/long affected pairs into 11870 area. Sell USDJPY and USDCHF; BUY Aussie, Pound, Euro. Have a great day everyone.

hope.bleecker

Whereas we have had a buying opportunity this morning on all of the dollar basket pairs, I am now out of those trades for profit and am waiting on a break of the one hour trendline to sell. The four hour chart for usdollar is at the top of a consolidation range at 12002. A break on the one hour will confirm selling and my entries into shorts on the USDJPY, USDCHF...

hope.bleecker

Trade to 1.16115. Stops below 1.5660. I see a kings crown on the one hour. Trade the trend line breaks long on the one hour chart. Thanks!

hope.bleecker

Kings Crown on the one hour long. I don't know when this will happen, but but I am anticipating a break of consolidation and a long trade back up into the 15920 area. Stop will be below 15660.

hope.bleecker

With the current rejection of the resistance on the one hour chart, I am looking to trade back into the trend line on the chart. I expect this to break and go lower. Recommended entry on the trade is in the 1.2340 area. Trade that into 1.23 and take profit, pull to break even and continue the trade as it breaks the trendline and trades lower into 1.2240.

hope.bleecker

I am already positioned long on euro and pound pairs against the usd and am continuing to add to those. I have started scalps on the australian with latest pullbacks on the one hour chart. Thinking that FOMC will give us the necessary breaks of the current trendline and I will add in as this trade progresses to .80. Good luck to everyone.

hope.bleecker

I am currently long within a large channel up off 1.96500. Looking for the right shoulder on this pair to form just below 1.98500 for an estimated 175 pips.

hope.bleecker

Today's continuation for the dollar sells confirms last month's predication for further falling of the dollar into the 11050 marks a 618 retracement area for he FXCM index. Normally I find that for each and every point of movement on the index, there will be a corresponding 2 point move on the dollar cross pairs. Therefore, I will continue buying of Pound/usd,...

hope.bleecker

For every pip that the FXCM Dollar Index moves, the G7 pairs will move 2 pips. This may supply a brief pullback tonight (May 5) and then we should be short into the target for the rest of the week and part of next week. Happy Trading everyone!

hope.bleecker

Trade the trendline break long. We are in sideways movement, so caution at the target. If it breaks this and subsequently breaks 2.07, we are moving much higher.

hope.bleecker

Potential for much higher targets at 2.40 area over the long term, but currently sideways so from this level I would watch for the trendline break and higher move up to 2.0350 area

hope.bleecker

I am selling into 1.1040 and or 1.0863. I will go long from those points through the summer months. Monthly has formed a bull flag with support from the 1.06 area. This pair is long term long, but may represent some short term selling opportunities over the next week.

hope.bleecker

Ascending Wedge can lead us into further bearish movement. Break and go south.

hope.bleecker

I am currently positioned from lower on this pair, however, with the break above 1.94 I am eyeing continuation long up to 2.0163 for the first target. Enter on the hourly chart off the bottom trendline which is forming the wedge. Since I am already positioned from lower, I will wait until we break a 45 degree trendline on the hourly chart, pullback onto that...

hope.bleecker

Traded 10721 long. I feel the pair can reach into 108 and 109 areas prior to pullbacks for this week of April 20. Cheers everyone!!!

hope.bleecker

Neutral

hope.bleecker

Watching 138 level on euroaussie