Sell EUR/JPY --- D1 Gap Close & H4 Retest of 50EMA --- Ready to open
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.
BIF - Long Trade (It's been a while!)
B - Breakout I - Imbalance F - Fibonacci Stop is always 2 x ATR Close half at 1:1
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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