My watchlist – Week of Oct 16

Ello ello,Hope you all had a well rested weekend.  Below are the Forex pairs that are on my watch listNZDJPY Bias - LONG On the daily chart price tested the upper trend line of the channel and 50 ema. However if you look at 73.00 zone it has been acting as good support and if fact

Trade Alert AUDNZD & EURGBP Swing Trade

EURGBP Short .Price has printed a BEARISH engulfing candle at a very key level.  As you can see the market has printed a uptrend line over the last 8 - 10 days. However the lack of large solid BULLISH candles shows weakering BULLISH power.Following the minor Green bars over the last 8 - 10

Weekly Forex Update March 14th 2016

 Weekly Forex pair analysisUSD/CHFDaily Down Trend SHORT - 0.98712 LONG - 0.97789 or 0.96998 EUR/USDDaily - Showing strong Bullish price action. Price seem to be consolidating in the top of the range. Daily MACD just crossed above zero Looking for BULLISH move after a pullback Zone to go LONG - 1.1164 or 1.10836 NZD/USDDaily in an uptrend. But price is

Don’t be fooled by Wannabe’s and Look alikes

One common mistake among new traders is that they fall for look alike and wannabe trade setups. Today I gave away my hard earned profits due to the same reason. This happens when you go “ This looks soo much like my setup”. Remember that your setups need to have rules that it needs

Weekly FOREX update | Mar 8th 2016

AUD/USDDaily price testing resistance from Aug ‘15 on 4H and 1H price is printing a descending triangle. 1h only has two touches on the support line. SHORT on the upper trend line[caption id= align=alignleft width=1623] AUD/USD[/caption] USD/CADMajor down trend. Due for a pull back. Look for LONG opportunities Pull back to 1.34013[caption id= align=alignnone width=1623] USD/CAD[/caption]USDJPYDaily and 4H

Weekly FOREX update | Feb 28th 2016

THE MAJORS EUR/USD     USD/JPY     GBP/USD     USD/CHF     AUD/USD     USD/CAD Weekly update on forex trading setups for the six major forex pairsEUR/USDStrong bearish last week. Looking for a short opportunity. Would be ideal to get in on a 1h or 4h setup on a pullback to 1.09473 or 1.09775 or a flat consolidationUSDJPYPrice is approaching a key zone