hope.bleecker

hope.bleecker Updated 

We are getting close to Aussie Support at 7530. I will start a long position after we form a bullish pattern and turn back up inside the channel. This pair lacked follow through when dollar was stuck within consolidation. As long as there is volatility in the dollar, after we hit areas of retracement on USD, this could move back up into the channel. At this point,...

hope.bleecker Updated 

Have taken this trade four times this year. You know what to do.. when you get into 183 area pull to break even. Come off at 18445. Ran it reluctantly this morning because it could go short at 18370... we keep waiting for that short to 17990 to come in and it won't. So keep an eye on your trendline north and if it breaks it just come off the trade. Take care guys....

hope.bleecker Updated 

Kiwi has not disappointed me this month with great selling. Unfortunately, I jumped off the sell at the 7180 support. I fortunately was able to get back in the sell this morning from 7092. I will keep this updated, as it's a great currency pair for beginner traders. I am break even now and looking for possible next entries. We have a strong dollar this week and as...

hope.bleecker Updated 

I am selling the Euro Aussie off 16070 back into support. Look for a first target of 15960 if it breaks that inner trendline. Chances are that if it can break that inner trendline it will sell back to the uptrendline near the area highlighted in yellow. Stochastics are positioned in the sell zone. Have a great night!

hope.bleecker Updated 

I am waiting for pound to pull to the back side of the downtrendline at 139.22 in order to buy back up into resistance at 14110. I caught some good scalps this morning on the longs and am thinking we may see some continued buying tomorrow. For now, pound has exceeded it's daily ADR- hence my reason for closing longs earlier today. If we can get selling action back...

hope.bleecker Updated 

I am setting a pending sell order for swissie at .9808 which is the .786 retracement line on the weekly chart. This sell could come in earlier if the pair starts to reject the down trendline around .9759. I will pull up the dollar index chart and make sure that it stays within consolidation. targets will be lower into .8973 (1.270 retracement on the same chart) ...

hope.bleecker Updated 

I am buying above 150.91 Looking to run toward resistance in the 152 area. It's been a very slow Sunday evening and Monday morning, but so far seems to be holding... I am tight stopping this one at .35 and going light on it until we get up above the downtrendline. Have a great Monday.

hope.bleecker Updated 

I am continuing with long scalps this morning on usdcanada until we getcandle closes below the .50 fib and enter into the sell zone. I don't see much rolling over yet. However when and if we break the top up trend line this week and enter into the sell zone, I will sell. Until then, take buys cautiously until they quit work continuation with longs.

hope.bleecker Updated 

As a follow up to the pullback chart on pound which I posted, be advised that I am currently taking the pound long off 141.87. I have started this position lightly and am running 1/2 sizes of what I normally trade. We are looking to buy this up the existing trendline. In the event that this breaks, I will be off the position and either re-selling or waiting lower....

hope.bleecker

We took the sell with the pinbar this morning but this is a limited move into 142. Not looking for a trend reversal here. We will have to see if dollar cooperates. If you are selling, then follow it to 14250 and then 142. I believe and hope the continuation will come off 142. Thanks!

hope.bleecker

British Pound has a number of news announcements coming in during London session tomorrow morning. Today we took a sell with the formation of the one hour pin bar which haulted the bull move into 144 and 145. I am not looking for trend reversals and am looking for the pound to continue north. Long dollar set ups are not likely to prevent that. Best of luck to you...

hope.bleecker Updated 

We are seeing strength in the aussie basket as of yesterday and that is helping this trade which we entered into off of the resistance level at 18445. I have set a target for this at 18130 which is a higher timeframe target support level. Our pounds are seeing some strength, so keep in mind that you are seeing the last half of this move if we get it. I have been...

hope.bleecker Updated 

We still see this pair as very bullish. However we have added two sells in previous weeks back to the daily 382 levels. We will see if we get a pullback this week. I am looking for light retracements on most of the pound pairs this week until we fullfill something between a .382 and 50 retracement on higher timeframes. The we are looking for more explosive...

hope.bleecker Updated 

We have started adding to our sell positions at 2800 with the break of the 618 pullback key level at 2586 and will be looking for further selling pressure into 2400 and 2200. We will keep our eyes on the 2750 resistance level. For longer time investors, I would be cautious buying into this for a few days. We will be running pullback sells into these levels this...

hope.bleecker Updated 

This pair is in the sell zone and has tested the 127 a higher time frame. It likely will retest the wick that we made this morning... I already entered into a sell and anticipate going for a ride if we can get back into the AB boundary. If you are not already in this, anticipate a pop up and a retest of the wick. Wait for the test on this time frame and then enter...

hope.bleecker Updated 

Wait to break resistance. This looks weak and will go lower into the support shown. I hope that you are having a great week.

hope.bleecker Updated 

I am looking for this pair to continue north out of a small consolidation range off the flagpole. Taking it to 1.62.

hope.bleecker Updated 

This market seems to be in a monthly consolidation range, and long term it is reasonable to assume that this pair can rally because we have been forming higher highs on the monthly chart. I have placed a pending buy at 140.40. This is the back of the daily down trendline. Stop at 137.05. Students remember .01 per every $1500 in the account and mandatory stop...