EUR/JPY COT workings gives us a divergence of -10.96 short I am very bullish the JPY and bearish EUR already in short in this one. If you want to come in later you can wait until price breaks the 20 moving average of the bollinger bands I will add more to my position once this breaks. Please comment below.
After being stopped out on my first entry on EURCHF I will sell again at 1.16351 I am expecting a big move to the downside, with COT Divergence peeking up to 13.51 for the pair and a possible move to risk off on CHF I am very confident that this pair will give me some good profit. This is a high probability trade with a Risk Reward ratio of 1:4. Please comment...
Hi I am long USDCAD COT Commercial traders are still at an extreme bearish position on the CAD meaning that USDCAD is going to go up.
USD/JPY Short with a 500 pip possible profit. Commercial traders (hedgers) are extremely long the JPY against the USD, they are at the same extreme they where in July 2017 against Non Commercials (Speculators) which are extremely short. We always go with commercial traders smart money to get the odds on our side.
COT Data shows a good divergence for this pair I am shorting it.
EURNZD looks like at the top of a channel. Entry @ 1.60816 SL: @ 1.61406 TP1 @ 1.60420 TP2 @ 1.57715
Looks like Resistance on the 114.114 Level is holding. I will enter short on the 4hr chart if price breaks below EN: 113.899 SL: 114.327 TP: 112.324
Sell EURCAD @ 1.49179 Stop Loss @ 1.50472 TP1: @ 1.46361 TP2: @ 1.43698 Let's make some money money....
Looks Good for a short EN: 1.06775 SL: 1.06379 TP: 1.07913 Join my Free FB Group on www.facebook.com
Looks very good for a short EN: 147.021 SL: 148.484 TP: 142.550 Join my Free FB Group on www.facebook.com
Possible long on USDJPY good risk reward ratio 2.69. I am looking to go long if price breaks the 112.000 level and put my stop loss below previous swing low. Price is also at a support on the Daily time frame and and a 50% fib retracement.
We have a possible Bullish bat pattern forming on the 4 hr chart for the GBPUSD. Price closed on Friday in an area of support where a lot of buyers are pushing the pair upwards Looking at the Daily chart for this pair one can see 2 indecision candles formed in the last 2 trading days. I will look at it in the morning to decide whether to go long at a breakout...
Wait for the price to Hit PRZ at point D and look for RSI Divergence to enter a trade DO NOT JUMP INTO A TRADE before you see a clear sign of reversal.
Look out for this Bearish Bat on the EURGBP same PRZ area of the previous pattern let's wait and see...
Sell @ PRZ 0.77550 Stop Loss at 0.78578 Target 1 Fib (0.382%) 0.75246 Target 2 Fib (0.618%) 0.73842 Trade management move stop loss to break even when target 1 is hit or split your trade into 2 lots and take out 1 lot at target 1 and let the other one role. The pattern is valid as long as price does not go beyond time fib 3 marked with a red vertical line on...
Sell PRZ @ 1.06557 Stop Loss at 1.07011 Target 1 Fib (0.382%) 1.05932 Target 2 Fib (0.618%) 1.05543 Risk Reward Ratio 2.16 Trade management move stop loss to break even when target 1 is hit or split your trade into 2 lots and take out 1 lot at target 1 and let the other one role. The pattern is valid as long as price does not go beyond time fib 3 marked with a...