FxSaint

FxSaint

Good level of resistance @ 0.6900, price dropped sharply from there. I m going short on this in anticipation of retesting previous low.

FxSaint

Technical - Chart indicates that 0.8100-200 is going to be challenging price zone for EG to continue further. A clean channel & horizontal resistance. Fundamental - There is lot of stuff going on right now with BREXIT because of which it is not easy to interpret GBP's strength or weakness. But having said that I m sure that BREXIT will not only impact GBP but...

FxSaint

Just to make it little fun, lets predict what will be todays bias ? Bearish or Bullish. Let me define bearish or bullish day --> Bearish = open price - 1 pip is bearish day Bullish = open price + 1 pip is bullish day Here I m not asking what is entry & how many people it will move etc. Only predict whether end of the day price will close below or above open...

FxSaint

1.3000 looks like good support level on weekly timeframe, so trying for some longs here.

FxSaint

Small risk sell.

FxSaint

Break above 2.1500 will see price fly high. Anticipating this to happen next week or it might happen a week after, but this is something one should have in radar. We are looking for potential minimum 1000+ 1500++ pips to the upside move. This is directional post only, entry & exits should be made according to your trade plan.

FxSaint

Details in the chart!

FxSaint Updated 

Details in chart !

FxSaint

Details on the chart

FxSaint

Good risk to reward here, try it out if you are comfortable risking 20-25 pips only.

FxSaint

I m looking at this level & there is good opportunity for trading. Initially it looks good bearish but if it breaks then retest will give good long opportunity. My favorite situation is break above & retest. =)

FxSaint

Details on chart !

FxSaint

Long on Wolfe Wave. Buying GBP in the current situation when there is a lot of hoopla about BREXIT is not a wise idea. But if at all it can buy then it should be again EURO since both currencies belong to Europe & both will be getting affected due to BREXIT. So which one is going to get affected more is the question, for that future holds the answer. Know the...

FxSaint

Bat completion is expected & that also coincides with triangle break & re-test level. =) P.S. - Go to my profile, there are some more trading ideas for this week.

FxSaint Updated 

EJ is at a good support level of 125 price handle from a higher time frame. On a daily chart, EW analysis is suggesting that an up move is cooking at the same level. This can also be read as ABC corrective wave of 5th wave of a higher degree in EW analysis. The entry / stop & targets are hypothetical since I will enter the market on lower timeframe after there...

FxSaint

When people don't understand about something, they ridicule it instead of putting efforts to research & learn about it. But I m trying to learn what I don't understand much. I m not EW expert, just started to learn about it recently. My friend who is elliot wave practitioner showed me how he can map out market moves ahead of time (not 100% accurately but still he...

FxSaint

This is target trading, so not necessarily have to wait for Gartley completion to take an entry. There are few levels above the level where Gartley completes & each of those level has an equal chance of finding bulls there.

FxSaint

Details in chart =)