EURUSD is at critical level of daily support which also align with Fibonacci level of 78.6%. If this level holds we can expect move beck to recent highs of 1.1 area. Stops below recent lows.
Currently waiting for a 4H candle to close, looking to enter short at price above 77.00 SL 77.51 TP 75.00 may take some profits at 75.70 R:R - 1:4.3 200+ pips potentially to be made on this trade.
Double top has been created, neckline has been broken which potentially opens up way down somewhere to area of 61.8% fib retracement.
FTSE 100 (CFD) - was looking for pull back to 5830 since yesterdays lows, entered short today at close of 1H candle @ 5817, target at recent lows , however I'm expecting that price would move lower next week. To enter this trade at this point I would wait for any pullbacks at 15min chart.
Potential short opportunity with potential great risk reward ratio - we could possibly expect a move all the way down to 114.50 area. First target at 115.70
Entry 107.44 SL 10.65 TP1 107.00 TP2 106.45
waiting for pullback to fib levels which are aligning with res / supp levels. Watch out for 1.2 (USD) and even number 1.0 - if those wont hold then we are looking at .85 - .75 area
Looking to go long around 0.17 - major support / resistance level , MA 50 & 100 providing additional support. T1 - 0.30 (4H) / T2 - 0.36 (1H) - potential ROI 100%+
As on the picture - D1 - doji / hammer candle, RSI oversold, support held in place .
"...Its progress with the DoJ is particularly important to Royal Bank of Scotland, because the British lender is also expected to be hit with a hefty US settlement . RBS posts third-quarter results tomorrow but is not expected to give a substantial update on its DoJ talks because they are not thought to be at an advanced stage ..." 27 OCTOBER 2016 •...
Rejected at trendline - daily (yellow), strong support/resistance around 1.3140 (4H chart ,red line) confluence with fib retracement @61.8 as target T1, T2 possibly around 1.3 wchich may confluence with daily trendline. Stochactic overbought and already crossing. Stops above even level of 1.34 or if you want to be more aggresive just above recent highs.
Looking for potential SHS here, SL and TP as on chart. Lets see if it work out.
Gold on a way to $1000 and below?! Looking at weekly chart I can’t help but to see GOLD going down possibly to $1000 or even less. Lower highs and lower lows are supporting this idea creating form of descending triangle with possible downside even lower than $1000 – if that level fails to hold (which is btw very strong psychological and technical level) $715 would...
Short EURUSD 2nd attempt, few sell signals generated today, looking for 3:1 RRR as 1st target. good luck & good trading Arek JP
Based on my system (still testing it) sell signal @ 10:00 candle - short opened at close of that candle - stop just above recent highs - targets as presented - will be taking parts of position if those level are hit and leaving some of it running with trailing stop. good luck & good trading, Arek JP
AUDUSD - sell signal generated, recent trend line has been broken - very good potential RRR, take 50% off at TP1 and you have risk free trade, move SL to lock profit once next TPs levels are being hit, let winners run and protect profits! good luck & good trading Arek JP
Missed my planned entry @ 88.6 of recent move but I’m still happy to enter long at current price with stops at 1.2970 – so just bit below of recent low 1.29719 Targeting 3:1 - 4:1 RRR (1.618 fib extension and possibly above), however there are few ways this trade can be played: 1) When price reaches 1:1 RRR take off 50% of position leaving STOP as it is – gives...
Time frame: 4H Possible double top, divergence on RSI TP1 at confluence level of Fibonacci levels and support area - previous structure - look left. SL above recent highs Very attractive RR - 4.4 Entry: SELL LIMIT @ 1.1255 or MARKET ORDER Good luck and good trading! Arek JP