CarterKyleCapital

CarterKyleCapital

Notes on Chart

CarterKyleCapital

Notes on Chart

CarterKyleCapital

Notes on Charts

CarterKyleCapital

Notes on chart

CarterKyleCapital Updated 

On the CADCHF is testing the consolidation support of .7380 with the ADX over 20 and the Stoch leaving the SELL zone and Oil in the SELL zone on the daily and 2hr respectively there is more of a probability that the bearish run is xoming. However for myelf I would have to see the BEARS reject the .7380. The target level I would be looking at is the .7250 area to...

CarterKyleCapital Updated 

The USDCHF is giving us 2 options to be able to work with over until the end of the month. With the FOMC meetings ending with bad news to the BULLS there has been a broken triangle on the daily chart. However I would not look to do anything until the BEARS are able to show that they can push the price down below the .9900 level with a closed daily candlestick. At...

CarterKyleCapital

NZD has broken the .8700 pivot area and restested on the 2hr chart the overall trend is Bearish and the 2hr Stoch is oversold there is an opportunity to trade but I would ONLY look at BUYING once the 2hr is in the BUY Zone again up to .8900 Stop would be place right under the .8700 pivot because long term I believe this market is BEARISH. If you agree PUNCH the...

CarterKyleCapital

The USDCAD end up breaking the inner trend line on Thursday of last week and push down to the 1.3200 level. It tested the backside of the 1.3200 level on Friday and as of now has failed there are a few good things going for this trade the ADX on the daily is approaching 20 the Stoch is waving down to the BUY zone and the 2hr is in the SELL zone as we speak....

CarterKyleCapital Updated 

The have been weak since last week early week rally, the and has rejected the 1.1200 level again making Past support turn into future resistance. There was a lovely evening star formation last week and it seem to be holding. This gives you an opportunity to SELL down to 1.100 with relatively no past points pf support until that level. If you want to confirm the...

CarterKyleCapital Updated 

The CADJPY has been waving down to and rejecting the outer trend line. This is the 3rd time that it has hit this point and rejected the test as long as the candlestick closes below the counter trend line and the outer trend line I would be more inclined to SELL the stop would be place at 82.30 (above the candlestick formation) targeting 79.20- 79.00 area as profit...

02:42

CarterKyleCapital Updated 

CHFJPY has been rejecting the 109.50 area and has broken a CTL in the SELL zone the next support area is around the 106.50-106.00 area which was the low from the flash crash last December. Stop should be place above the pivot level but overall great risk to reward 1:5. If you agree hit the like button and don't forget to follow. Here at Carter Kyle Capital we...

CarterKyleCapital Updated 

The NZDJPY has been in consolidation for the last few and it has broken consolidation. Yesterday the BULLS tried to Retest the 72.30 Pivot level and failed making it past support turning to future resistance. Look to SELL when the 2hr gets into the SELL zone or at market with good equity management, targeting the 69.50 level (Previous flash crashes) down to the...

CarterKyleCapital Updated 

With the StochRSI being in the SELL zone on the Daily I am looking to enter once the BEARS break the counter trend line targeting .6817 - to .6750 Area Stop should be placed above the .7020 pivot area. Be aware that the 2hr is not in line with this move yet and once it is conformation would be more clear. If you like what you see lets start a conversation, hit the...

CarterKyleCapital Updated 

GBPNZD has been bearish for awhile now and it has reached the .618 Fib level on the daily chart. With yesterday's move it broke the CTL to the upside. With the ADX above 20 and the StochRSI in the Buy Zone this is a good place to get in. Stop because the ATR is 112 pips a day makes the stop have to be below the 1.9000 pivot level. Target the 1.9618 to 2.000 level....

CarterKyleCapital Updated 

Look for Entry around .6900 Area which has proved to be a daily support and look to target .7250 area which is daily resistance, If the BULLS break the .7250 resistance area look to re-enter when past resistance turns to future support at the .7250 Area to the Fibonacci 1.618 (.7490) Area. Trading FOREX on margin carries a high level of risk, and may not be...

CarterKyleCapital

After the decisive move that the EURUSD because of NFP and other reasons the trend of the EURUSD has turned to the BULLS favor on the monthly chart the Stochastic is in the BUY zone and I am looking for a slight retracement this week with the BEARS trying for one last push downward. The point that I am targeting is the 1.1280 - 1.1200 area for a potential...

03:24

CarterKyleCapital

On the AUDNZD there is a potential LONG position approaching around the 1.0500, 1.0450 & 1.0400 level which are Daily and Monthly Support level. Looking to place a LONG position around these positions when the Stoch RSI is in the BUY zone and a CTL has been broken for a safe position. Looking to Target Daily Resistance at 1.0750 Area. Risk to Reward 1:3. Trading...