LandofTrading

LandofTrading

Im looking to sell rallies towards 1,2820 - I would like to see some kind of rejection above... or I will look to sell on a move back below 1,2750 targeting 1,2620

LandofTrading

Rally towards 125,90/26,20 as selling opportunity related to visible supply zone. Stops above 126,50, targeting 124/23,50

LandofTrading

Stops are done to the downside and strong weekly close suggest bulls are trying to dominate. I would like to see retest of 0,7040/00 early this week, rejection and higher prices towards 0,72+ at the end of the week. This kind of action would create another lower shadow on weekly chart. Possible targets stops above 0,74, then 0,7510/7630. Weekly close below 0,70...

LandofTrading

The first week of the year crude made an impressive come back although it didnt manage to close above key $50 level. Oil seems to be oversold and some short covering was necessary. The engulfing pattern on the weekly chart is a hint of possible reversal. Also MACD histogram is signaling weakening momentum as there the hope the US-China trade talks may continue in...

LandofTrading

We are done with small H&S formation but what about "The Monster" one ? For now we may see continuation to the downside towards 9500/000 and after that some kind of bounce/rally which might create right shoulder. Please remember its weekly chart , its going to take time and we are talking about possible bounce twds 12000/500

LandofTrading

On the deceber 3rd we were right about shorts at the top of the channel here Bears still happy below 6370/6400 on daily basis and retest of the latest low possible. Daily close below may expose 5000 and even 4600 but Im not going to be surprise to see aggressive rally above 6400 which may expose top of the channel again.

LandofTrading

Jpy begins 2019 with a boost, negative sentiment dominates but from the perspective of this high TF ( monthly chart ) I would avoid price chasing. Would prefer to fade the rally towards 127,50ish

LandofTrading

Previous one exactly as expected here Is it goiong to be that easy again ? Looking for iny pullback and zones on the chart as entry GL

LandofTrading Updated 

In the latest monthly oil reports the demand growth forecasts didn't change and slowing production growth in H1 2019 due to production cuts could bring some stability around the 50% fibonacci level and could also give some short term support for bulls. This could lead to retesting the broken trendline while the first resiStance at around 60-61 which could a...

LandofTrading

Looking for intraday bounce as opportunity to sell short from intraday perspective with 96,40/20 as possible target BUT... DXY: bulls are losing the ground after Fridays failure at the top but would be careful saying that we made the top. It might be just consolidation/profit taking ahead of FOMC.

LandofTrading

Small shorts ( small exposure ) in play based on 1 hr chart

LandofTrading

While the big technical picture o Weekly chart points to south the bulls are trying to avoid the possible sell off in EURUSD. On daily there is a signof possible short term correction to the upside as the recent dollar negative sentiment hlped to create a classic inverse HS which still needs to be confirmed. However the bulls seems to be weak for now and each time...

LandofTrading

Better sentiment at the begining of the week ? If so we may see rally towards 113,50 and we would like to sell into that rally.

LandofTrading

looking to sell rallies towards 128,60/80 with 127,60/126,20 and 125 as possible targets

LandofTrading

FX markets are usually 1.5-2 years ahead of economic cycle, so in order to figure out the direction, ask your self what will mean higher interest rates for financing the current huge deficit and the planned expansive policies in 1-2 years, to the economy in general... of course we have here Europe and the global economy so dont forget to look at the big picture...

LandofTrading

Bulls trying to take out yesterday high but hit wall of supply from 29th of November. Looking for retest and if we hold again will look for shorts twds 1,2650/2580

LandofTrading

Looks like dead cat bounce for now. Bears took that post G20 rally as selling opportunity. more fake news needed as bulls have to retake 7200/7400

LandofTrading

Yestrday sell off strong enough to push DXY below 97 ( which is key on weekly and monthly ). Bulls may try one more time to find support based on daily ( channel ). Currently mkt is testing 97 again. Weekly and monthly close below may expose 94. Are we going to hold 97: In favor: end of the month demand ( Rebalancing ) Against: as we are approaching end of...