Which pairs are you selling and why?

Quoting KeenPips

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I will be tracking the EURJPY for sell trading opportunity this week. On the weekly time frame, price action is operating in an ascending channel (black). Since mid-February 2018, price action has been operating below the midline of the channel (blue). In the last two weeks of April 2018, the market consolidated around a horizontal resistance. Last week, bears pulled southward of the consolidation with a relatively big bearish candlestick which temporarily breached the channel support until bulls intervened. The location of the most recent price...

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Quoting batus

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For this week i'm focused on UsdJpy. Short prefered.

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Quoting KeenPips

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Very good. Could you tell us why? Trade safe and prosper. KP {quote}

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Quoting batus

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{quote} Hi KP. Mainly because it have a rejection on weekly and daily. On 4h tf, it's already breached the previous low. Im looking forward a rejection on H4 and H1. {image} {image} {image}

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Quoting Greenstar

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Limit reselling pound jpy at 150 and possibly 149. Both figures snug by 4 hour 20 SMA; keeping the higher sell in spite of the negative swap. The pair begins its yearly down after April until year's end, December.

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Quoting KeenPips

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I have been bearish on GBPAUD for quite a while and still am. On the daily time frame, price action is operating in an ascending channel (navy) but has turned markedly southward from the midline (magenta). The bearish continuation candlestick formed last week Friday breached the channel support. Price action is currently located around a minor horizontal support. But the order flow context favours the bears and we may expect them to target the horizontal support around the 1.77290 area. KP {image}

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Quoting KeenPips

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The 1.81750 area on the GBPAUD will attract my interest for a sell trading opportunity if price action gets there. It is in confluence with a resistance zone on the daily time frame and the 38.2 Fib retracement of the most recent downward swing on the daily time frame. I may be wrong. Trade safe and prosper. KP {quote}

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Quoting KeenPips

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Price action is now entering the 1.81750 area and if a bearish rejection candlestick is printed on the H4 time frame, that will get me interested in a sell trade. It is likely to be a flip of the zone and a retest of the broken previous channel support of the horizontal channel/area of consolidation that was n place for quite a while on the daily time frame. KP {quote}

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Quoting KeenPips

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I will be tracking the EURUSD market this week for a sell trading opportunity. Here's why. On the H4 time frame, price action has turned northward and a support trendline (magenta) is in play. However, this is likely a temporary retracement given the bearish disposition of price action on the weekly time frame. A break of the support trendline on at least a four-hourly closing basis may flip it to resistance and give impetus to a southward turn around. An initial target of bears is the minor horizontal support around the 1.18210 area. I may be wrong....

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Quoting KeenPips

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I have used the northward retracement on EURUSD as an opportunity to add to my sell-positions on the pair. I now have three sell positions on the pair. Trade safe and prosper. KP

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Quoting numbrcrunchr

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I'm short NZD pairs and long on USD pairs based on fundamentals thus far.

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Quoting KeenPips

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As the current location of price action is within the 78.6 Fib retracement of the most recent upswing on the weekly time frame, I will close two of the positions before the end of Friday session. We may see a whole lot of sideways operation around the 1.17210 area or a marked swing to the upside in the days ahead. I may be wrong. Trade safe and prosper. KP {quote}

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Quoting michaellobry

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{quote} I think EUR/USD is going further down. See the trendlines and Pivot. Can I ask a question? There are 100s of systems and since youtube is rising, good content is hard to find in between of all the get-views videos. You are using harmonic trading system. In what way does this benefit you? For the rest here. What type of systems do you use? And why? {image}

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