Scientifictrading

Scientifictrading Updated 

Based on the strength and Size of the “V” bottom, FB could hit 310. Covered call or Naked put option idea will yield very good returns.

Scientifictrading

My trade strategy for the next week to stay long in NZDUSD to bag 20 - 30 pips. I will try to enter between current price and pivot 0.6385 with a tight SL of 20 pips. I expect to rebound to 0.64200 possibly 0.64500. Alternatively, the price just obeys its downtrend. For other Currenciens my views are EURUSD - Down to 1.0910 GBPUSD - DOwn to 1.2845, 1.276 AUDUSD...

Scientifictrading

I expect the price will move towards 1.27 possibly even further down to 1.24. The price fully broke through the support level. It's just my thinking. Happy and safe trading.

Scientifictrading

I still have a short view on CHFJPY from 112.5 and hoping to hit 112.1 and continue to 111.80 before reversal. Please do strong analysis before taking a trade. It's my first after 7 years of successful forex trading. I believe in bagging each and every pip. Let's see how it trades next week.