


FXSJGOLD
PremiumThis was sent out last week but didnt get activated towards the end of the week. Running almost 190pips and expecting further push upwards as i expect more CAD weakness this week + EUR strength too. Analyses for both EUR INDEX + CAD INDEX sent in the group for those who want to see what i expect for this week ( link below)🤑 Callout was sent in the group ( link...
Eventhough this pair was in an uptrend, we managed to spot a potential reversal point 50pips before it even hit entry because of AUD index & CHF index both analysed seperately. Closing now as expecting AUD strength very soon ( check the group for AUD INDEX analysis, link below). This was a free callout that was sent on here, callout post on 'related ideas section'.
BUY @ 0.70000 Sl @ 0.69580 Tp @ 0.71500 If it hits SL, entries @ black trendline below ( daily timeframe) Expecting AUD strength very soon. AUD INDEX analysis in the group ( link below)
SELL @ 131.000 Sl @ 131.560 Tp @ 129.000 ........................
Green lines for entry & Red for stop loss In this example i have used patterns that may happen in a bullish trend but the same patterns inverted can be spotted in bearish trends too.
Find a momentum and draw a trendline. Spot what timeframe price has been respecting the EMA. ( I personally go for the 50 day EMA) Watch for a breakout then wait for the retest of the trendline. 1st entry @ retest of trendline. Stop loss goes above the previous high before the breakout. Please note that price will also have to be below the EMA its been...
7 out of 11 major banks expect a rise in NFP but i think it will be less than the expected number. Reasons for this: ISM services PMI had a sharp drop from 54 last month to 49.5 this month indicating at a contraction in the service sector. ISM manufacturing PMI was 50.9 this month compared to last months 56.3 ( 5% drop!). 4 weeks average unemployment claims...
BUY @ 1872 Sl @ 1859.5 Tp @ 1923 After a major push upwards, price is approaching .786 fib level which i expect a bounce from. XAU INDEX is also approaching .618 fib level so a bounce may occur. DXY has also reached the highs of 2017 so it may push downwards until tomorrow's NFP report.
SELL @ 0.70500 Sl @ 0.71120 1st TP @ 0.69500 2nd TP @ 0.69000 Expecting CHF strength very soon as CHF index is approaching a support zone where i expect a bounce from. Also expecting AUD weakness as AUD index is in a downtrend + has broken trendline ( price currently seems to be in a correction). This pair also seems to be consolidating for now. ( Expecting...
Wait for a break below the most recent higher low . Once you get a break below, watch for a retest of that level ( may create a bear flag on the lower time frames which will allow you to draw a trendline; entries on break of trendline will be the safest).
GBPUSD currently in over 50pips profit. DXY seems to be rejecting from the january 2017 highs as expected & GBP INDEX has been respecting the trendline and is showing signs of bullish pressure which should also push GBPUSD higher. Price is currently being held down by the 50 day EMA on the 2 hourly chart, once we get a close above; i believe price will make way to...
EUR index has reached the bottom end of the channel and has started consolidating, creating wicks. Price has wicked below the channel a few times but hasn't closed and i expect a push upwards very soon. Watch for a breakout of the range for further strength before entering any EURxxx BUY & xxxEUR SELL trades. We had a few good entries on EUR pairs in the group...
Price is approaching the daily trendline ( black trendline). I expect a push up to the red trendline and a break but il settle with the profits once it reaches trendline and monitor it for a possible break. Safest entries will be on rejections off the daily trendline + a break of the dashed red trendline. BUY @ 0.64000 Sl @ 0.63640 Tp @ 0.66000 ( swing traders...
Price has reached the bottom end of the penant. Expecting a bounce from here and possibly a break; eventually reaching the 2000 zones. BUY @ 1972.6 Sl @ 1964.5 1st TP @ 1920 2nd TP @ 1950
Sl @ 83.260 1st Tp @ 85.000 2nd Tp @ 86.000 1:4.3 RRR Expecting NZD strength soon which may push this up 1 more time before further weakness
Price hit JANUARY 2017 highs and rejected; breaking then trendline. Seems to be creating an ABC correction, we may see further DXY weakness this week. FED interest rates decision + NFP on the way this week so expect high volatility Let me know your thoughts on DXY this week.
Expecting EUR strength & further CAD weakness this week ( check link to related idea for CAD INDEX analysis) . EURCAD has broken trendline and seems to be correcting before further push upwards. BUY @ 1.34860 Sl @ 1.34260 Tp @ 1.37500