GOLD NEW HIGHGOLD is ready to make a RUN for the money. We are monitoring GOLD for bullish scenario. Our buys are locked in at 3299.110 our stops are below 3241.00 and targets above previous ATH at 3523.750. Use proper risk management. Bets of luck.
Gwg
SELL DXYThis week the USD has been retracing, most traders are going long but we know how this goes. Based of our strategy and approach we are still very much bearish on the USD. Our positions for shorts are at 99.916 and adding more shorts at 100.500. Our targets remain at 94.760. If you are catching this set up now then your stops should be above 1011.300. Use proper risk management and risk what you can afford to loose. Best of luck folks.
BULLISH GOLDIn todays session we are observing GOLD for buying opportunities. Our entries are at 3328.73, targets is 3402 and stops below 3310.5. Use proper risk management. Cheers gang
SELL USOILAs we had analysed the US DOLLAR which we expect big drop, in todays session we are monitoring USOIL for selling opportunities . Our entry is at 60.75 and stops above 61.50. Targets are 59.00 and below. Use proper risk management.
BUY GBPUSDIn todays session we are keenly monitoring CABLE for buying opportunity. Our buy entry is at 1.34258 and our target is at 1.34860 and our tight stop loss is at 1.3400. Use proper risk management. Cheers to you all.
BUY EURUSDAs we monitor DXY for selling opportunity we will also be focusing on EURUSD for buying opportunities. Our current buy is at 1.12878 and stops below 1.12544 our targets remains 1.13630 and higher. Use proper risk management.
BUY AUDUSDIn todays trading session we are monitoring AUDUSD for buying opportunities. Our entries are at 0.64236 and our targets are as high as 0.65611 all the way to 0.6600 (Yes you read that right!). Our current stops are at 0.63900. Use proper risk management.
SELL THE US DOLLARThis is a continuation of our previous analysis on DXY. As we had mentioned USD DOLLAR will drop all the way to 94.800 before we consider any bullish market movement. In the next session we will be monitoring DXY for selling positions (this means buying EURUSD, GBPUSD and GOLD). Keep your risk manageable and use proper risk management. Cheers to you all.
BULLISH GOLD AHEADGold in our view remains very much bullish. Our level of 2664 and 2626 should hold as strong buying zone and support. IT SHOULD NOT BREAK 2626. Targets are 2800 and 2915-2943. Since this is a long term view , we will be updating as time goes by. Use your own risk management and remember trading comes with its own risk. Lets get it.
SELL GOLDWe are bearish on gold today. H1 OB is clearly marked on chart. Stops above 2754 and targets at 2708. Use proper risk management.
BULLISH EURUSDEURUSD looks bullish for todays london and new york session. Targets are slightly below the 1.10 level. Stops below asia low at 1.0910. Use proper risk management.
BEARISH DXYDollar index has been on an upward trend. Recently it broke below it. Today we have seen a retest of this trendline. I am bearish on the dollar index. Targets as low as 105.450 Use proper money management.
SELL EURUSDEuro dropped significantly yesterday. Today it will keep dropping. I expect price to have false break out to the top. Entry at 0.9978 Target at 0.9895 stops above 1.0000. Use proper money management.
SELL AUDJPYPrice is currently at 81.517 , waiting to short OANDA:AUDJPY at 81.761 targets as low as 80.686 Use proper money management.
BUY EURUSDPrice is approaching a significant level 1.13500, I am looking to go long EURUSD at this particular point. This looks like a probable swing trade for long term gains. Use proper money management.
SELL EURUSDLooking at yesterdays false break out to the 1.1600 area I can confirm that the price is headed down. I expect price to bounce off 1.1550 and 1.1500 area before any pull back. Use proper money management
BUY AUDCADBuy AUDCAD at 0.9631 Target1 0.9800 , target2 0.9977
Tight stops as always. Use proper money management.
BEARISH BAT ON GBP/JPYOn the 4hr chart a classy bearish bat has formed. If the D leg should go beyond the previous highs on the left 143.090 then it will stretch the D leg a bit too far and hit our stop loss. Am hoping the PRZ on this pair is almost. Look out for bearish evidence and if the trade meets your rules of entry then this is a good one for the week. Blessed weekend my friends. Make more pips
BULLISH BAT ON USD/JPYAfter such a big drop USDJPY has formed aclassic bullish bat, I am already active. Trade carefully. All the best my friends.
BEARISH BAT ON NZD/JPYFor those looking on this pair it has formed a bearish bat on the 1hr and 4hr as well. I will be looking for bearish evidence before shorting. Trade with care friends.
BEARISH BAT ON CAD/JPYOn the 4hr chart of this pair a bearish bat has formed. I will be looking to short this pair this evening. If it meets your rules to do so then this is a great trade. All the best.
BEARISH BAT ON AUD/USDOn the 4hr chart we see abearish bat has formed. I am expecting price to drop from this point. Potential D leg retest so keep your stops on the .7600 area, if it meets your rules of entry then this will be a great trade. success
BULLISH BAT ON USD/CADWell seems USD/CAD has dropped to a significant level on this pair. On the daily its a few pips from touching the 61.8 fib which i believe is the PRZ for this pair. The pattern will still be at play if the D leg goes down 1.3280 this is an area where bullish pressure should build. If it meets your strategy and plan please keep this in mind. Happy trading pals. success to us all.
