BUY LIMIT ORDER Just had a BCR of the daily 50ema but i was waiting for the re test of the weekly S/R at 0.63735 unfortunately with not trading yesterday I've missed the pull back to this are so waiting on the next small pull back 1H 4H D1 All 8ema over the 20 TP short of next resistance with the SL below daily 50ema and weekly support
NZDUSD Raising Wedge
We've identified a rising wedge pattern on the Kiwi, and it appears to be under pressure. While the direction is uncertain, upcoming news is likely to influence it. I'm taking a short position, anticipating a potential 150-pip drop.
Big Move for GBP/CAD?
GBP/CAD is at a .786 Fibonacci retracement level on the daily with a newly formed swing high. For immediate entry I look to the 1 hour chart. Fib to the downside has completed and I am anticipating price to pull back and retest the broken trend lines. This could be a big move down as trendline on the weekly is also broken with a retest. I am planning to play the small moves if prices continues its move toward tp. The Canadian dollar is highly correlated with the oil market so this will be interesting to follow.
NZDUSD Raising Wedge
Big Move for GBP/CAD?
BIF - Long Trade (It's been a while!)
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Nick Quinn
X5+ years experienceNick has been trading since 2008. He has experience trading equities, fixed income and commodities. However, his preference is spot market foreign exchange, his style is big picture macro position trading in CFD’s and currency futures contracts.
Max Norbury
X10+ years experienceMax is a diligent and pro-active individual with a wealth of experience in technical and fundamental analysis, high-probability trading and mentoring within the financial markets. He has also has a variety of non-accredited analytical certifications.
Shain Vernier
X10+ years experienceShain is based in the USA and has over 10 years of experience in the markets.
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