tomstewy

tomstewy

Yesterday closed bearish, and there is a trendline break pattern suggesting a bears to enter the market. Watching the recent two days low, if we can make a break below 83K then it should be clear sailing to the 80K mark. Alternatively, a break above yesterdays high would signal further buying. Watch this space!

tomstewy

Price has broken to the upside of the Friday high. Looking to trade with existing momentum to the upside, with a tight stop above the recent 1h swing low.

tomstewy

Hi Traders, today i'm looking for the first signs of a AUDUSD failed rally. I'm watching on the lower timeframes to see the AUD run out of upside steam, make a break to the downside and then continue downside direction. Technically; the last few days printed a solid bottom, but downside is likely to be retried towards the 61 cent big figure, and potentially to...

tomstewy

Recently I called gold long. I know this contradicts it, but a nice setup here. Maybe continuation of the gold bear rally as we have certainty over tariff situation at present?

tomstewy Updated 

The aussie has been bearish so far this year, and rightly so! We must consider that whilst the US Reserve Bank has talked about cutting rates they have just had a Jobless Claims print lower than the last few decades, signaling that the US economy is going well. In addition, we must consider tensions in Red Sea and the middle east are disrupting trade, and when...

tomstewy Updated 

5 & 10 ema for the 15 minute chart have done a bearish cross out of the resistance zone. We'll be following price with a trailing stop should this move in our favour.

tomstewy Updated 

Markets sentiment is massively risk off at the moment, and shorting cryptocurrencies (other than btc) seem like a good choice. Dot has broker the rising trendline and looking to sell into range support.

tomstewy Updated 

First and foremost, I am bearish Australian equities, but will continue to buy until there is signs of a failed rally at which point I'll short the market. For now, seeing the general trend as bullish. Proceed with caution.

tomstewy Updated 

This is basically built on the premise that the EUR has more upside, and has now run stoplosses for retail. Great R/R potential, lets see if it plays out.

tomstewy Updated 

Well, a fake out of the recent range bottom, combined with several chart patterns which typically suggest upside, and we have this great risk to reward trade. Price makign a short bounce, and we will see if it is sustained :)

tomstewy Updated 

Lots of fundamentals are changing at the moment, so trading on a technical basis is very difficult - latest update is Elon Musk talking about a Free Trade zone between EU & US. Sticking to basics, NFP last week delivered very strong figures for US jobs, and looking to play some EUR downside on the back of that. Recent structure as entry point, 1.1010 level. Stop...

tomstewy Updated 

Price is at trendline support. If the AUDUSD can rally from here we'll target upside. YTD the Aussie has been in a steadily ranging upside trend.

tomstewy

Trading oil with current momentum. Stop at 1.5x daily ATR, targeting 1.21 fibo extension.

tomstewy

Price is forming a wedge pattern in the last 3 months. I imagine price is not yet to break the pattern, and we will see downside for the remainder of March. Technically, looking for a trend switch on the 15 minute chart (moving averages bearish cross) out of these resistance levels. Thanks for reading!

tomstewy

I'm selling WTI contracts today, a few technical reasons, and generally trading with the current momentum. Stop will trail. Lets see how we go!

tomstewy

The view from fund managers is still very bullish USD, and this Aussie rally gives a great opportunity to sell the Aussie dollar at a relatively high price to recent trading. This trade has a potentially fantastic risk to reward. We're looking to trail the stop, and secure 50% of the position at a 1:1 risk reward. Please note that using a trailing stop loss has...

tomstewy

AIR NZ Is a lock. Come on, 1. Strategic Market Position Air New Zealand holds a dominant position in the domestic market, serving 20 main centers and regions across New Zealand. Internationally, the airline focuses on the Pacific Rim, leveraging alliances to enhance its network and competitive advantage. AIR NEW ZEALAND 2. Financial Performance In the fiscal...

tomstewy

Adding into my trade idea from yesterday - this trade has 1/4 of the risk of yesterdays, however the retracement of price has given us another entry opportunity, and this time looking to target beyond the recent low price and into the 127% fibonacci level. If you are adding to existing positions please bare in mind your risk management protocols, do not over...