ndjf310

ndjf310

I see AUDUSD falling from the sky. Lets keep an eye out for this one. As usual very tight stop loss not risking more than 2% with a 30 pip stop loss

ndjf310 Updated 

I am shorting AUDUSD for the following reasons: It has broken a the ascending bullish flag it was on. It is simple price action. If the candle were to go up pass the trend line it would invalidate my trade activating my Stop Loss and would wait for a retest to go long.

ndjf310

I will either be going long or short on this pair just depending on the break of the candle. I will wait for a retest then go on either side. I have a buy stop and a sell stop ready with my stop losses

ndjf310

I am shorting GBPAUD for the following reasons: Fibonacci from top to bottom, will short at the 61.8% which is also the trend line . There is also an inner and outer ascending trendline that i believe the candles will be in between. if it breaks the trendline it invalidates it and i will look for longs

ndjf310

Not decisive what this pair will do so just like usdjpy i will wait for a clear break above or below the triangle lines. I will wait for patience is key

ndjf310

There is a descending triangle wedge and with the break of either direction then a test of the trend lines i will go either short or long . There is no real clue for me as to where it will go so for now I will wait for a break above or below the triangle

ndjf310 Updated 

I going long on GBPJPY for the following reasons: 1) It has been on an uptrend since last week. 2) It has been making Higher Highs and Higher Lows 3) There is a trend line that has been respected twice possibly 3 times with this touch. 4) It is on a critical FIB 61.8% which is key for reversing back up. As always very minimal stop loss with 25 to 30 pips....

ndjf310 Updated 

I will be longing EURUSD for the following reasons. 1)It broke resistance which has now turned to support dating back from August. 2)There is a trendline that has been respected from early November with this being the third touch thus probably propelling it upward. 3)Higher Highs and Higher Lows being formed. Breaking the trendline would invalidate this...

ndjf310 Updated 

I will be longing NZDUSD for the following reasons: 1) It has been on an uptrend creating Higher Highs and Lower Highs since November 17 2)It broke a significant daily trend line dating back to September. It also retested it and continued upwards 3)It is sitting on a trendline that has been respected twice possibly 3 times with this one. 4)From low to high the...

ndjf310

I will be shorting USDCAD and taking two trades one aggressive with minimal lot size and a neutral trade with a higher lot size. The following reasons is why I will be shorting it. 1) It approached 61.8% a key level for reversal and has not been able to break it. 2) It is also approaching a trend line that can either break it or go back down. If it breaks the...

ndjf310 Updated 

I have shorted the EURJPY with a 10-12 pip stop loss. The following reasons are why I am shorting the EURJPY 1)It has been creating lower highs and lower lows 2) I have drawn two trendlines that have been respected with one being the retest of the previous break. There aren't much confluences other than that which is the reason for the tight stop loss

ndjf310

The reason I am shorting the EURGBP are listed below: 1) There has been a very strong resistance line dating back to June with 5 attempts to the upside and only breaking it twice but it has been a zone that is not easy to break. 2) The pair has been in a strong downtrend since early September and I believe it is now in an area of consolidation. 3) Taking the...

ndjf310

I will be shorting the GBPUSD at around 1.33000 for the following reasons: 1) It had a strong bearish candle stick since October 2, 2017 and i believe this is the pull back to 38.2% fibonacci level 2) The 38.2% was also an area where it struggled for a bit on september 12, 2017 going from resistance to support. 3) I hope to see more confluences but if not i...

ndjf310

The GBP pair has been loosing momentum and has been falling so I will be shorting the GBYJPY for the reasons listed below: It has created 2 lower lows on a 4 hour time frame There was a support line that held 3 times that has now turned into resistance. I also have a trend line that has been respected several times now. Last reason is that it...

ndjf310

I am going long on AUDUSD for the reasons listed below: 1) It has been in an uptrend for quite some time now 2) It did a nice pull back to a critical area for me. It hit a 61.8% fibonacci area along with a minor support zone for me 3) I will place my stop loss a few pips below the 61.8%

ndjf310

I would go long on the EURJPY for a few reasons: 1) It is sitting on a 38.2% fibonacci level 2) It was not able to break a very strong resistance turned support level dating back from 2015. 3) It has been going up higher in recent days with strong bullish action.

ndjf310

I believe that AUDJPY will be going long. I have a close stop loss making the risk to reward a good trade to take. The reason why I believe it will be going up is because of the following 1) A trend line that has not been broken since 07/17/2017 with this being the third touch to the trend line 2) It has been making Higher Highs and Higher Lows I have taken...

ndjf310

I wanted to place a buy near the trendline but i I now see this pair going up for several reasons as listed below: 1) This pair has been rallying up and as long as it is above the monthly support of 128.130 I will continue to go long 2) There has been this type of consolidation since the 10th of July but I believe it will continue to move up as it has been...