GBPAUD POTENTIAL LONG OPPORTUNITY
GBPAUD might be ready to be taken up to a intraday level of SnD, which also appears to be the ceiling of a wedge in which the GBPAUD has been trading since mid-december as presented on the screenshot above. The criteria needed to take this one to the PROFIT TARGET are the following: 1D: I will not be waiting for a full B+C above the 1d8ema because the whole margin from the pre-set entry to the TP is about 80-90 pips which is nothing for a pair like the GA 4h: on this TF i want to see a convincing B+C above the 4h50ema (at least 2 healthy green candles with a decent body:wick ratio - need to see a relatively small wick compared to the body) + as always sniper criteria need to be alligned with the long bias 1h: on the 1h i would want to see the full BCR and then the 3-candle continuation (healthy green candles with higher highs and decent body to wick ratios) + sniper criteria to be on side NOTE: Keep in mind that the markets are tricky at this time of the year, so always remember to RISK ACCORDINGLY and DO NOT OVEREXPOSE! Please do conduct your own form of analysis and #DONTFOLLOWBLINDLY! I am open to hear any of your thoughts/concerns regarding this trading idea, so please feel free to comment down! Trade safe guys!
NAS100 on M15 is Bullish
The NAS100 on M15 is looking Bullish. Currently at circa 13902 and heading towards 14000 for a quick return of 2.5:1
EURAUD uptrend
Hello, this trade is similar to the one I posted a few hours ago, but I'm trying it out on a lower time frame. Moving averages confirmed an uptrend on the EUR/AUD on the 30m time frame, so did the currency strength meter. so I placed the Fibonacci retracement as you can see in the photo, the 50% retracement matches the 2*ATR of 14 pips. So I placed my TP at the 161.8% level, and my SL a little lower than the previous resistance level. Please let me know if anything was done wrong, happy trading 😁
EURUSD potential buy opportunity.
Hello, this is my first ever trade, so please let me know if you see any mistakes or things I didn't think through. So I checked the currency meter for strong currencies and the EURUSD looked pretty strong, the moving averages gave me confirmation that the market is in an uptrend, and using the Fibonacci retracement tool, I waited for a 50% pullback, and when that was fulfilled, I entered the trade and had my SL at the previous level of support, and TP at 161.8%. Please feel free to let me know of any mistakes or room for improvement, thanks 😊
GBPAUD POTENTIAL LONG OPPORTUNITY
NAS100 on M15 is Bullish
EURAUD uptrend
EURUSD potential buy opportunity.
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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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