3/08/16 LONG/SHORT GBP/JPY?My bias is towards the downside
If price action falls below 155.00 psychological level might go short.
Targets at 0.764
Psychological
3/06/16 SHORT GBP/NZDBreak of 23.60% indicates downwards direction
Watch 2.1050 psychological level to see if structure holds
If it doesn't I have my targets placed at
38.2%
50.0%
5/06/16 LONG USD/CADHOPING TODAY USD/CAD WILL ATLEAST REACH 23.60%
1.2980
SEEMS LIKE ITS ON ITS SECOND ELLIOT WAVE UP?
Bat inline with a psychological numberNot a pending order. I'll see what price does and place my trade then.
AUDNZD DAILY SHORTIM ALREADY SHORT IN THIS PAIR BUT IF PRICE RETRACES AND TAKES ME OUT OF THE TRADE THEN THE NEXT LEVEL I'D LOOK TO SELL IS AT MY CLUSTER ZONE/SELL ZONE. IVE GOT LOADS OF CONFLUENCES AT THIS LEVEL WHICH ARE THE 0.5 AND 61.8 FIB, SUPPORT TURNED RESISTANCE STRUCTURE LEVEL, MAJOR TRENDLINE, DYNAMIC RESISTANCE (50 MA) AND A NICE PSYCHOLOGICAL ROUND NUMBER (1.03000). Another confluence is this trade setup is in line with the fundamentals because the RBA (reserve bank of Australia) said there is a possibly there could be another rate cut in the period ahead.
EURUSD 4 HOUR SHORTtextbook setup. Price has failed to break the 1.10 psychological barrier several times so this could be a nice level to go short with a nice 1:3 risk to reward. if price does manage to break out of this barrier then next resistance to look to get short is at 1.11294 which is also in confluence with the 61.8 fib level.
