I'm interested also in this one. Little box is potential for longs. As The Clash were singing - London calling. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Both USD and CHF look like want to go up on intraday, so let's see which one will get stronger and try to exploit this 60 pips box. Trade was not set yet, waiting for London to open. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I'm interested in longs at 112.20 level, with targets at 113.00+ and 114.00+. If it will shoot and close above 113.00, 112.50 will become level of interest. Let's see what will happen. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Let's see if red zone will be hit. This would be perfect level for shorts. It may also spike higher, but let's give it time and act accordingly. Daily line chart below shows nice drop and pullback in progress. Targets are previous low and -0.5 to -0.618 area, corresponding to pre-previous lows level. On Wednesday afternoon (CEST) CAD data will be out, we'll see...
Let's see if there will be another opportunity for quick long here. As far as 0.9270 is not violated, I'll seek for cca 80 pips on long. I'll be using 1h timeframe for this. In other case (if 0.9270 will get broken), pullbacks to 0.9300 and above would be good level for shorts. But let's wait and see what Monday will bring to us. Disclaimer: this idea is solely...
If 72.60 will hold, there might be opportunities for longs and shorts within this 150 - 200 pips rectangle. If not, pullbacks to 72.60 - 73.00 would be nice for shorts to 71.50 and below. Will monitor 4h chart next week. Current 4h for reference: Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Here we have 100 pips range with 20 pips buffer zone on both sides to play with, until it decides and goes for real. It may be a little bit late, since it is bouncing here for the last 14 days already, but it provides good RR trades. If any of these zones will get violated with nice close on 4h, that would signal for at least short term trend in that direction and...
Both AUD and NZD are tanking right now, question is, if AUD will tank harder than his companion. MACD divergence is pointing to this, but I'll give it some time to close today and see if/how far it will pullback. Red area would be good for shorts - start adding small chunks in the lower part and bigger in the upper part of it. From target perspective, TP1 should...
In May, this pair provided 3 pips net in 478 pips range through the whole month and established support at 1.5050. We can also see that 1.5300 acts like a magnet for price, but it prefers to be resistance than support (see daily line chart below). With a little bit of imagination and comparison to the end of April action, I will look for shorts here until end of...
I'll invest part of budget in NATGAS in this year. Let's see how low it will come again, below/around 1.60 I'll start adding bigger chunks, aiming for 2.00 - 2.10 for starters and looking for new entries if it will break above and pullback. Monthly chart: Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Already took short here from 0.663, aiming to the first grey box level for starters. The bottom one would be merry times - will leave part of trade running towards it (if it will play out). Plus, I'll be adding shorts on any pullback to red lines area. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
One for patience building. Let's see when the pullback will start and how low it may go. First area of interest is between 2.43 - 2.50. If this won't hold, next (and preferred) area is between 2.25 - 2.30. In both cases aiming at least for 3.00. Let's not predict and give it some time. In the time of putting this together, I also noticed @ridethepig 's idea on...
Today is peaceful day due to holidays in some countries and hence closed markets. But we can prepare for next days. Looking at AN chart, we can see daily trading range of 160 pips with MACD divergence. From the news side, there will be RBNZ Financial Stability Report tomorrow evening (23:00 CEST) and quarterly Private Capital Expenditure for AUD on Thursday at...
Let's see if there is any justice in charts :) Following harmonic from zoomed in chart below, it has chances to make another leg down and reach 0.786 of CD at 116.00. This TP corresponds also with -1 Fib level of the last drop from 118.00 and is symmetric to leg down from point D. Ideal entry zone is marked red, but I'm willing to enter even lower n case it will...
Another pair for shorting with history repeating on the menu. Everything is drawn and written on chart, monitor it in red area around 66.00. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
63.30 should hold, if I want to seek for shorts in upper red rectangle with targets at blue rectangle low for at least once - will see what MACD will be showing also. If it won't hold, I'll be looking for short entries at pullback to the low of the blue rectangle - in this case, 62.00 seems likely target. Disclaimer: this idea is solely for my own purposes, to...
Don't mind the 4h chart, it just gives more details. There's a daily chart below, if you prefer it. Trend based Fib is giving us 0.6200 as level that has to get broken for moving south. I expect some bounce from around here and start loading on shorts in the narrow red area already. Here I'm willing to open just small positions, since stop loss has to be put...
Will be seeking for longs in that blue-ish area. Marked SL is just for orientation for now, will depend on entry. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)