talenttrader

talenttrader Updated 

OANDA:USDJPY Short Term Trade Idea for USDJPY Play a long towards 109.37 (1st target), even 109.82 (2nd target). Stop loss at 108.400 RSI indicator also holding above 40% support level. Alternatively , if price breaks below 108.400, there presents an opportunity to short towards 107.75 (alternative target). 107.75 also happens to correspond to a key Fibo level.

talenttrader Updated 

SGX:SGP1! Mid Term trade idea for SGX:SGP1 Due to the weakening dollar (DXY) testing a very strong support level, and Singapore market being negatively correlated with the dollar... If the USD bounces above its key long term support, it would then mean that Singapore market would be in a period of intermediate correction. Alternatively, if the USD breaks below...

talenttrader Updated 

OANDA:NZDUSD Short Term trade idea for NZDUSD Sell at 0.73250 for a drop towards 0.71340 towards 0.69590 Stop loss at 0.74620 Reason For Short Market close to and pulled back below descending channel resistance. Market currently below 0.73250. This is the 23% Fibo retracement level. A close below this level will strengthen the bearish play for a drop...