theexchangefx

theexchangefx

EVENING!! AUDNZD Divergence in trend! as we are in a down trend TDI stating that price is up when price is down! green line red line crossed! I am in sells

theexchangefx Updated 

Morning So here is the GBPAUD Trade 2 good resistance on a fib 50% retracement! with 3 trendlines holding it down! Its already in a downtrend motion remember trend is your friend! All 3 of my moving averages are confirming downtrend! HAPPY TRADING

theexchangefx Updated 

Afternoon!! I have just set up my analysis for USDJPY! I am waiting for a reversal pattern or exhaustion in price on this candle! I.E a 25% wick to be created from the candle!¬ I am also waiting for resistance to be hit and for it to go back to support! If this candle brushes pasted my 2 trendlines full bullish we can expect it to go higher so i will get out...

theexchangefx Updated 

Morning I have seen this pattern so many times it normally indicates price is at a reversal! Small % something like 0.3% I will put on the table! MA - are showing a small uptrend! so SL is bigger than my normal strategy! That's why I chose .3% to take as a risk! Happy Trading

theexchangefx Updated 

So here is EURCAD good setup got RR 1:7 if it gets there! I am also awaiting it for it to fall back within the trendline and if it does I will take this trade!! News! The Euro may face higher selling pressure following the publication of German IFO data. Preliminary forecasts for the business climate component are estimated to show a 78.3 print, slightly higher...

theexchangefx

Evening all, So if you go back and look at the EURUSD trade we was looking at to sell! 1st mistake was not seeing the daily trend! Thankfully we did not enter the EURUSD Sell trade as it went passed our trendline! but that's no excuse! This published chart here is what we should have been looking at! We missed out on 5%+ good RR!!! We will try not make that...

theexchangefx Updated 

UPDATE ON previous analysis it has reversed and hit out trendline! (so it broke out of out 4hr trendline now it has come back and touched it!! I am in this as!

theexchangefx Updated 

WAITING.................. So we are waiting for confirmation here I did have an entry from Friday on the trendline break and retest area! but it moved back to B/E So now We wait for the second Trendline to be tested for another BUY going to 1780.00 We can also see rejection now and start going to the 1780 area or price maybe exhausted and see a retracement...

theexchangefx Updated 

Morning all, So I am waiting for this candle to close to see how strong it is for me to take the sell! I will be looking at a shooting star candle doji candle to think about selling! the 4hour TF is a downtrend! I will also be looking out for the news at 13:00pm GMT ECB Financial Stability Review This could also could have an effect on this pair today! when...

theexchangefx Updated 

Morning all Interesting on the btc/usd front where I be looking for sells! as it is touching the 2nd best trendline with it looking like a indecision candle as btc is very volatile. I will also be looking out for any news related based stuff coming out so it dont just spike me out i would rather get out without news triggering me first! I will also be...

theexchangefx Updated 

EURAUD 1HOUR TF So here is something I am waiting for to come back and test the retracement on the fib retracement! I am not going to be holding my breath here as this could still continue with the downtrend and not retrace!! or we could see a swing trade happen when it breaks out of my trendline retest the trendline on the 50% fib level and see it go for 1:12 RR...

theexchangefx Updated 

Morning! This was from Friday last week again Fib retracement levels! Broke the 4hr trendline came back to retest the trendline and now Stops are at B/E I can see Low volatility today as in the UK there is a bank holiday so no banks will be open or hedge funds! So we can see small moves maybe in the lead up to tomorrow!!

theexchangefx Updated 

Afternoon, So EURUSD Downtrend with a intrend divergence! You can take it 2 ways wait for the TDI cross!! or enter when you see it! Me I will wait for it to cross and see if the RR is good enough to take the entry!! I personally do like to wait for confirmation before heading into a trade.

theexchangefx

Morning, I am looking for buys on this pair. Firstly I am looking for it to come back test the 50% Retracement level with it to test the 4hr trendline as well!. X marks the spot! Also I wont enter on a candle that is still open I be looking to enter on a close for a bullish hammer or a reversal candlestick to have a better entry with better RR 1:9