EURNOK bearish
Look to short EURNOK as it is bearish and bears should push it down today look to use good money management and short this as specified level. Good luck and happy trading
USDCAD to the bottom of the channel
Well, this trade suppose we do not have risk aversion, otherwise it's highly probable it will hit SL with USD strenght. Anyway the set-up is a trade continuation setup almost ready to be triggered. Sniper checklist ( https://www.tradingview.com/x/X84Iv2Be/ ) Pre Anchor TF 1W : ----- NO EMAS on the Way [ !!! ] ; we have 200Ema/1W (but is not a major problem) Anchor TF 1D : ---- Price all above or below EMAS [X ] ; ---- Retest of the EMA happened [ X ] ; ---- BC of the 8EMA happened [ X ] ; ---- Sniper System signal happened [ X ] ; ---- No Bottom or Top of channels in the way [ ] ; ---- No S&D in the way [ ] ; BCR TF 4hr: ---- Price all above or below EMAs [ X ] ; ---- Retest happened 50 EMA [ X ] 200 EMA [ ] 21 EMA [ ] ; ---- BC of the 8EMA happened [ ready to ] ; ---- 3rd Continuation Candle [ ready to ] ; EXECUTION TF 1hr : --- Price all above or below EMAs [ X ] ; ---- Sniper System signal happened [ X ] ; ----- BCR happened 50 EMA [ ] 200 EMA [ ] 21 EMA [ ] ; ---- No Gaps [ ] ; Any questions or suggestions in the comments 😃
GBPUSD SHORT
TP1 = 1.2872 TP2 = 1.2822 SL = 1.3078 MOVE SL TO ENTRY WHEN TP1 REACHED
AUDNZD gap close
I'm not sure this will be today's problem - but the charts say otherwise. And we trade what we see, not what we think. Retest of 1H/50 and 15M/200 is complete. SL below each, TP slightly below daily 8ema. BOTH AUD and NZD are off the edge of a cliff so take reduced risk, as we don't like trading currencies moving the same way! Await STRONG continuation from 15m. Three bullish candles - probably an entry at the previous high giving a 2:1RR approx.
EURNOK bearish
USDCAD to the bottom of the channel
GBPUSD SHORT
AUDNZD gap close
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Andrew Lockwood
X30+ years experienceStarted in the trading pits of London with some of the biggest traders in the world. Migrated to screen trading around 2005 now trades full time focusing on FX, Indices, commodities.
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.
Mark Bennell
X15+ years experienceCertified Financial Technician (CFTe), Diploma of Technical Analysis, Diploma of Share Trading and Investment. 14+ yrs trading experience. Focus on the process and the money will follow.
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