BullBearMkt

BullBearMkt

In this critical bearish period on the NSE market, one of the stocks that is still "not following the general downtrend" is FCMB in the banking sector. For the past couple of weeks, 1.55 level have been rejecting any attempt for price to move the stock price below this level. Will this level continue to keep the bears at bay or will it be violated? A buy entry...

BullBearMkt

As an update to my last post on ETI, during this past trading week, ETI price attempted to pass through its all time low, however this was rejected with the week ended in indecision candlestick. The question is: will ETI rally in the coming weeks or what we have is a pause before bears continue the downtrend? Risk: Major trend is downtrend and also the index is...

BullBearMkt Updated 

With the Bears pushing down EURNZD down for couple of weeks, the Bulls are now ready to pullback the pairs...

BullBearMkt

EURAUD is likely to see upward runs on another re-test of the recent low IF price is rejected at these "buys" levels as shown on the chart.

BullBearMkt Updated 

With my Bull-Bear strategy, I will fancy a drop of NZDUSD pair to 0.66532 or below (as shown in the highlighted zone on the chart) to complete the bull's move.

BullBearMkt

Contrary to opinions of many, GBPUSD is gathering momentum to begin its upward movement even at the face of UK conservative party electing new leader and BREXIT imbroglio.

BullBearMkt

AUDCAD weekly strength favours the pair to reverse.

BullBearMkt Updated 

With the close of AUDCHF last week, it is evident that AUD is ready to decline. The opening price of the pair this week is important to take this short trade. If price gap-up, it is necessary to wait for weakening of the price before open a short trade on this pair; otherwise, this week open price will be good to short... Profit taken and stop loss are as shown on...

BullBearMkt

With strength analysis, EURNZD may likely be ready to re-test the Swing high at 1.69791 or above

BullBearMkt

Go long on EURAUD...

BullBearMkt

AUDNZD has been declining for couple of days and is ready for an intra-day pullback before the major trend continues. Analysis is based on my currency pair analysis. I expect the pair to fall to 1.04438 where I will enter the trade with initial profit target at 1.04794; 2nd target is at 1.04948. Stop loss is few pips below 1.04369. Any questions? Please let me know.

BullBearMkt

This is based on strength analysis just as I predicted for NZDJPY, EURJPY & GBPJPY last trading week (check out my last week trading idea on JPY). Initial profit target is @ 1.120 while the second target will be at 1.240. This is a swing trade but could change to positional trading depending on close of daily candles. Any questions? Kindly let me know.

BullBearMkt

From my analysis, JPY is ready to fall and couple of currency pairs could gain while yen is taking its bite. Currency pairs to watch include: EURJPY, NZDJPY & GBPJPY. CHFJPY has led the pack already, but a pullback to support might not be a bad trade either. My 2 targets entries for EURJPY are 121.920 and 121.360 with a stop loss placed 10 pips below June 3 low....

BullBearMkt

This is a long term buying silver 14.52. The first hurdle to rally above is at 14.87, and after this, I'm looking at silver to rally up to 16 (at least). Risk-to-Reward looks fantastic

BullBearMkt

EURUSD long trade plan

BullBearMkt

I am looking at AUDUSD weekly as a potential more than 400 pips in profits. With a pin bar or engulfing candle appearing at around 0.71356, a good BUY entry...

BullBearMkt

This week brent oil falls to its lower channel on the weekly chart & looking at a lower time frame to make the long entry. Stop loss placed below the lower channel while initial profit taking will be @70.55 resistance price level, however I'm a fan of trailing stop using fractal on lower time frame.

BullBearMkt

Watching the pair for weakness. If pair unable to make new highs above 0.7319, then, a short opportunity could avail itself. Alternative short pair: AUDCAD