I jumped in a bit early on the cloud break at 1.1150 (before the daily candle closed) Its retracing oversold now. 1st tgt 1.14, 2nd tgt 1.17, 3rd tgt 1.22 stop is 200 pips
Went long here at 1.1150xx. First tgt 1.14 then 1.17 and 1.22 Stop is 200 pips.
I missed out on a earlier entry on this trade. I jumped in today after the correction caused by the 25 bps cut. It looked like the market wanted 50 bps and thought the wording of the statement less hawkish than anticipated. I`ll most likely hold this trade right on up to the Sept rate decision. The daily chart still looks great and I don`t see any fundamentals on...
I got into this trade about 6 days ago which was a bit early. I t looks like a classic entry today. Med TK bullish cross, Chikou span out of the cloud and price, candles have broken out of cloud, bullish twist. I took a chance getting in early but I could have got caught up in congestion. I got lucky that it moved higher in just a few days. I would consider now to...
Looks like we might have a chance to get back in short. Keeping an eye on RSI
This might be setting up a good entry for an AUD/SGD short. Keeping an eye on it on the daily chart for a medium/ long term trade.
Just took USD/SGD long on the daily chart at 1.35596 TGT is 1.3900 Stop is 1.3200
Waiting for this to fully develop.(A) Chikou span looks to be heading towards a cloud break and out of price. (B) Daily candle needs to close above cloud. (C) Med strength Bullish Tenkan-Sen crossover> (D) Bullish twist. Waiting on the Candle and Chikou Span before pulling the trigger. Tgt will be 1.39
Ive been in this trade 26 days to the short side with a tgt of .7500 (entry was .76472). It looks like it could really tumble if it breaks through and closes out below .7500. A slew of bad data out of China and Australia sent it down this week. We have a rate decision next week from the RBA (Mon, July 6th). Wed the 8th, AUS Employment numbers and CPI and PPI...