Trade Ideas
Apr 09, 2016 at 10:36
GBPJPY sold off massively this week as we suspected-over 800 pips so far this week alone till date.Let us see what happens at NY session,we may be haading down to 151.65,150.25 and 149.36 target with the last probably next week,God-willing.
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Apr 12, 2016 at 14:57
Hello traders,following the massive selloff GBPJPY last week and the 4 hr time frame technical set-up yesterday-Monday,we are due for a corrective move up perhaps upto 158.23 level or less.However,the rate decision today and the CPI and core CPI positive news further support the corrective rally.I think we should watch out now again for good buy set-up to target 155.82 and 156.19 possibly God-willing.
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Apr 14, 2016 at 06:28
Hello traders.With about nine 4 hr candles inability to close above the 155.555 level higher time frame Fib extension of GBPJPY,I believe the corrective move is over and the initial down trend resumed.We should target(testing it) last daily time frame swing low at 151.634 level and possibly go lower down to 149.78 if we see the correct continuation set-up<God-willing.We need to close all our long trades on GBPJPY in my opinion.
Happy shorting.
Happy shorting.
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Apr 15, 2016 at 11:28
Dear Traders,
After yesterday's daily candle marabuzu of the USDJPY pair,we have a strong break of the the 1 hr time frame uptrend line.In addition there is a bearish reversal signal of the price action and stochastic indicator combo.The 4 hr time frame upward sloping counter trend line is broken,and the 4 hr candle closed below the same line.We have strong reasons to believe that the corrective move rally is over,God-willing.I suggest waiting for short term pullback and await next signal provided there is no close above the 109.538 level,God-willing.Thus,it is time to close long trades.
I FORGOT TO PSOT IMMEDIATELY
After yesterday's daily candle marabuzu of the USDJPY pair,we have a strong break of the the 1 hr time frame uptrend line.In addition there is a bearish reversal signal of the price action and stochastic indicator combo.The 4 hr time frame upward sloping counter trend line is broken,and the 4 hr candle closed below the same line.We have strong reasons to believe that the corrective move rally is over,God-willing.I suggest waiting for short term pullback and await next signal provided there is no close above the 109.538 level,God-willing.Thus,it is time to close long trades.
I FORGOT TO PSOT IMMEDIATELY
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Apr 18, 2016 at 09:11
Helllo traders,I see a good sell setup for EURCAD under the 4hr time frame.My idea is to sell right now with SL at the the top of the most recent 4 hour candle or better still at the last swing high 1.5035 and TP at 1.3980 and partial TP earlier at 1.4170 and 1.4138.
Happy shorting.
Happy shorting.
to turn humble investments into huge fortune with minimal risk ...
Apr 19, 2016 at 09:32
Hello traders,
I want to wait to see USDCAD complete the current pullback to 1.281-1.286 level,see a good sell set-up and sell with SL at 1.2940 and TP 1.26690, God-willing.
I want to wait to see USDCAD complete the current pullback to 1.281-1.286 level,see a good sell set-up and sell with SL at 1.2940 and TP 1.26690, God-willing.
to turn humble investments into huge fortune with minimal risk ...
Apr 21, 2016 at 12:08
With the just released news on deposit and interest rate on EUR,I see selling EURCAD with over 150 pips profit target now.Shorting GBPCAD too with about 120 pips profit right away is my other bias,God-willing.
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Apr 22, 2016 at 14:34
Good day fellow traders,
I hope you enjoyed GBPJPY ride up to take profit as suggested above.NOG GBPCAD is ready for a good selloff both technically and fundamentally as today's news on CAD given the CPI,core CPI and Bank of Canada interest rate favor buying CAD.Thus,it is a good time to sell GBPCAD with TP at almost 300 pips down at around 1.7920 level,God-willing.
Happy shorting!
I hope you enjoyed GBPJPY ride up to take profit as suggested above.NOG GBPCAD is ready for a good selloff both technically and fundamentally as today's news on CAD given the CPI,core CPI and Bank of Canada interest rate favor buying CAD.Thus,it is a good time to sell GBPCAD with TP at almost 300 pips down at around 1.7920 level,God-willing.
Happy shorting!
to turn humble investments into huge fortune with minimal risk ...
May 05, 2016 at 14:34
Hello traders,I am entering new buy order at the market rate on GBPCAD with SL at 1.8545 and TP at 1.8745 God-willing.I have been bullish on the pair since Monday,though.
to turn humble investments into huge fortune with minimal risk ...
May 19, 2016 at 06:26
Hello traders,I hope we took some pips from the USDCHF buy trade suggested above.
Frends,GBPJPY is trending powerfully as I opined above.Though,it is bullish trend till 165.82 as suggested above,sometime we get good signals for those who do not mind counter-trend trades.
God-willing we should share one or two entries and exits with the forum later today.
mmafxbook posted:
Fellow traders,Base on TP review analysis my TP for GBPJPY after the positive BOE rate decision today is no longer 169.71 but 165.82 God-willing.Except for counter traders,we should be buying low now rather than selling as the trend as reversed convincingly from short to long ditto other GBP pairs too such as GBAUD,GBPNZD and GBPCAD in my view.
Frends,GBPJPY is trending powerfully as I opined above.Though,it is bullish trend till 165.82 as suggested above,sometime we get good signals for those who do not mind counter-trend trades.
God-willing we should share one or two entries and exits with the forum later today.
to turn humble investments into huge fortune with minimal risk ...
