ifanwar

ifanwar Updated 

After a significant period of bearish trend USDCAD pair reflecting signs of bullish reversal. Bearish trend line is no more intact on daily and 4 hourly charts. Seems bullish to me. I entered trade at current levels which is threatening to break S1.

ifanwar Updated 

EURCHF pair continues on a bearish trend on 4 hourly as well as on daily charts which has convinced me to take a SELL position. Continuous weakness is a hallmark of Euro from quite sometime now.

ifanwar Updated 

There is a continuation of bearish trend more evident on 4 hourly chart. I am again on sell side. Hourly closing below R1 also supports the idea. My entry is @ 1.55059 with a stop loss @ 1.55850 in line with S 3.

ifanwar Updated 

A long series of lower highs and lower lows confirms bearish trend in GBPAUD pair. I am in with a SELL. Ideally I should have waited for it to close below R 1 at least on hourly chart. Entry: 1.82797. Stop loss: 1.83500.

ifanwar Updated 

Changing my stance on USDJPY pair eyeing a trend reversal from bullish to bearish I am in with a SELL. Seems to be a bit risky. Entry: 113.920. Stop loss: 114.328.

ifanwar

With JPY intermittently showing strength during last two week seems to be heading for a bit of reversal. Hence my position SELL on this pair. Lower highs and lower lows mark the 4 hourly chart. Daily chart also showing acute signs of reversal.

ifanwar Updated 

USDJPY pair just made a clear hourly closing above R 1 in an overall bullish trend on 4 hourly and daily charts. I am in therefore with a BUY call. I entered above R 1 keeping my stop loss just below R 1.

ifanwar Updated 

AUDCHF pair is clearly following a bullish trend on 4 hourly charts. I preferred to buy at 0.68843 on rebound from support S 2 just above S 1. I have placed stop loss at S 2 0.68776.

ifanwar Updated 

I have been waiting for EURAUD pair to close below R 1 on hourly chart. Now it has done so in a bearish trend. Before that it bounced down successfully from S 1. This is a SELL call from my side. My entry is just below R 1 and my stop loss is just above S 1. I am leaving the target open.

ifanwar Updated 

CORRECTION regarding my last post. USDJPY pair just made a clear hourly closing above S 1 in an overall bullish trend on 4 hourly and daily charts . I am in therefore with a BUY call. I entered above S 1 keeping my stop loss just below S 1.

ifanwar Updated 

Few hours back my stop loss got hit on a EURAUD buy call. After showing a shade of reversal from bearish to bullish it again regained the previous bearish trend breaking all recent lower low. I am in again with a sell stance. Entry: 154.670. Stop loss: 155.084.

ifanwar Updated 

After a lot of drama at last the picture is clearing now with a couple of obvious higher highs and a lower low. Twinkling evening stars decorating most of the higher highs on hourly make EURGBP a SELL to me.

ifanwar Updated 

Giving a more clearer picture of a bullish trend on a 4 hourly chart AUDUSD with some bullish candle patterns is on my BUY list. To be on the safer side I chose to place a closer stop loss. AUD seems to be performing well.

ifanwar

Resuming its bullish trend USDJPY by breaking previous highs and lows convinced me to be on buying side. Entry: 114.210. Stop loss: 113.896.

ifanwar Updated 

My stance is changed in EURUSD from bearish to bullish due to analysis of 4 hourly charts. There is a series of higher highs higher lows. Entry: 1.16248. Stop loss: 1.15699.

ifanwar Updated 

EURAUD showing signs of reversal from bearish to bullish trend with definite higher highs and higher lows. I therefore take a buying position. Entry: 1.55550. Stop loss: 1.54949.

ifanwar Updated 

At last it has broken its last higher high and gave hourly closing above it. Staying now slightly below it but hanging on seems a bit interesting to me. I am on buying side but with a very strict stop loss. Entry: 0.84566. Stop loss: 0.84478.

ifanwar

Seems to be a strong case of trend reversal on hourly charts. A whole spectrum of bearish candle patters can be seen on lower highs. Lower high and lower low confirming bearish trend. I feel that my SELL stance is adequately justified but I am going in with a much closer stop loss for just in case. Entry: 85.095. Stop loss: 85.391.