ForexTrade

ForexTrade

While long term green trend line is not broken I will look for opportunity to sell.

ForexTrade Updated 

Short term trade, 1 hour Flag, broke down, came back to test. While price stays below current short term (1 hour chart) trend line, current slide down should continue.

ForexTrade

Last Friday's session gave an impression that bears control the market, but today's price movement suggests that possible new bull trend. AUD is the currency I will be looking to buy on crosses.

ForexTrade Updated 

Price has been rejected from the daily trend line and 4 hours consolidation's top. With the minimum risk entered position, expecting market to test at least lower 4 hour consolidations line. If breaks, I will continue to hold this position till 77.50

ForexTrade Updated 

Long. Market is inside consolidation, expecting move to the upside.

ForexTrade

Long term this market is negative by mine point of view and price now at the decision point: to start new bearish leg or to continue bullish momentum. If sell opportunity appears around those levels I will be selling. Break to the upside or consolidation around those levels can suggest about bullish momentum to continue. Next level to the upside 87.61, to the down...

ForexTrade

This is my preparation for trading this pair. Pull down to 0.9900-0.9920 area would be nice and there I will look for buy signal.

ForexTrade

Market continues to the down side and sell on the pull back to current trend line is a good option. Market can go and test weekly trend line and just after that price has a good chance to bounce back up. Long term picture still has Higher high and Higher low. Just below 1.0800 market will post a new Lower Low and in such scenario this pair will change into long...

ForexTrade Updated 

This trade is based on USDJPY strength and I do not like this current bar on USDCHF.

ForexTrade Updated 

Long

ForexTrade

Price stays on weekly channels lower line (came back to test?) and on the current trend line. 4 hour chart has formed Flag and break to the up side would lead price deeper into the channel. My target will be 126.67

ForexTrade

At this moment price is on important level, break through it to the downside and market next week will be in bear claws. Bouncing up from here would be more interesting scenario, bulls finally would be able to take control.

ForexTrade Updated 

This pair I am waiting for opportunity to buy and this small ascending triangle could be it. If not I will wait for deeper pull back to 0.7000 area.

ForexTrade

Looks very interesting chart. From one angle price went above last resistance and now pulling back to test it. From another angle some expanding triangle (or something like it) is on the chart with higher highs and lower lows. If price will go back below resistance I will start looking to sell.

ForexTrade

This is just my preparation for the USDJPY. Market always changes, but at this moment I see like this.

ForexTrade Updated 

Market certainly is bullish, but with the small risk I am ready to go against the trend. UsdCad should produce some sort of pull back sooner or later, UsdChf remains negative.

ForexTrade Updated 

This pair remains inside long term triangle and shorter term I can see consolidation. I will be waiting to see price reaction around 1.0720 (point 4) . Bounce up from that level can start long term trend.

ForexTrade

This is my trading plan for USDCAD.