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Slattsignals

11/22- 11/27 EUR/CAD Potential Bull Flag SWINGDISCLAIMER: I've already entered this trade on Friday, I've posted a previous idea for a potential buy below and i've BEEN PLOTTING on this. Eur/Cad has been in a sideways downtrend ever since August (white line) & we are coming up for another test of the trend line. Feel free to make this chart yours. ALERTS ARE SET ON MY TREND LINES... So for this to continue, these are what im looking for: 1. A break of my white box to the upside, holding this 1.553 (green dotted line) area as support 2. Break of the white dashed line into my red line (1.5585) 3. MOST IMPORTANTLY for the hold.. end the week above the white or red line Blue line is a previous Head & Shoulder neckline that is unique. it acted as support and resistance along this trend dating all the way back to June 2019... as we in closer that will be my target. Orange Price Boxes are my TP's Right off the bat going into London we have MAJOR volatility news with the EURO PMI data coming out.. that's kinda when im expecting this to make a decision.. This trade is at break even. if we can't break i'll close.
by SlattYSL
AUD/JPY SWING TRADEAUD/JPY coming into trend resistance.. so this is a safe low risk short for me. The only volatility i expect to maybe shake up my decision, are the following; BoE, Largade, & Fed Speech at the end of the week(11/13) Maybe Japan Prelim GDP on Sunday Market open (11/15) Monetary Policy Meeting Minutes for Aud on Monday(11/16) BIG MOVER: AUD UNEMPLOYMENT RATE & EMPLOYMENT CHAGNGE ON WEDNESDAY during Intraday (11/18) i entered on market around 76.928. There was a bunch of JPY weakness across the board following the Vaccine announcement. Jpy is over extended, the market over reacted, but has yet come to it's senses. AUD strength in GREEN RSI in YELLOW JPY strength in RED YELLOW DOTTED LINE - Alerts set for RESISTANCE or TAKE PROFIT (if successful i will update after 1st tp) I personally just set alerts and hold until my final target is reached UNLESS the technical break. Yellow lines just alert me on when i should be aware of a POSSIBLE trend change. BLUE FLAG/DOTTED LINES - BONUS PIP.. by then 60%-70% of my profit is taken out and i trail by 30 pips. IF 75 (TARGET PRICE) is reached we will get neutral take 40% off and just wait for the market to give us a signal
by SlattYSL