Which pairs are you buying and why? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Which pairs are you selling and why? 278 replies

Which pairs do you trade? 0 replies

If you could choose 4, 6 or 8 pairs, which would they be? 6 replies

Which Indicators to Which Pairs ?? 17 replies

which pairs to watch at which open/close 5 replies

Attachments: Which pairs are you buying and why?
Exit Attachments

Which pairs are you buying and why?

  • #21
  • Jun 24, 2018 3:33pm Jun 24, 2018 3:33pm
I will hold a bullish bias on the EURUSD market on a short term basis this week. On the H4 time frame, a descending trendline (red) from the high of May 2018 may be a magnet for a bullish drive as the price action is presently disposed northward. A minor horizontal resistance is around the 1.18580 area, an area which was the origin of a strong bearish drive two weeks ago, and may be flipped once again as resistance. A breach of the area northward on a daily closing basis is likely to see further bullish move to around the 1.19900 area.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H4_24th_June,_2018_Top-Down.png Size: 50 KB
Do your homework, follow the footprints of smart money
  • #22
  • Jun 25, 2018 12:05pm Jun 25, 2018 12:05pm
Hello, do you think GBP/JPY and EUR/JPY are buys? Thank you kind sir!
  • #23
  • Edited 12:34pm Jun 25, 2018 12:21pm | Edited 12:34pm
Hello mate! Thank you for visiting my thread. Personally I don't give trading advice to anybody. I do market analysis based on a top-down multi--time frame approach and make my trading decisions as a swing trader. So, my buy decisions may defer from scalpers' or intraday traders'. Nevertheless, I can state that the GBPJPY is technically sideways at the moment but the EURJPY is disposed northward and amenable for scalping long for a few pips.

Trade safe and prosper.

KP

Quoting MisserJereLo
Hello, do you think GBP/JPY and EUR/JPY are buys? Thank you kind sir!
Do your homework, follow the footprints of smart money
  • #24
  • Jun 25, 2018 12:28pm Jun 25, 2018 12:28pm
See attached intraday charts.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_H1_Tech_Update_25th_June,_2018.png Size: 42 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY_H4_Tech_Update_25th_June,_2018.png Size: 44 KB


Quoting KeenPips
Hello mate! Thank you for visiting my thread. Personally I don't give trading advice to anybody. I do market analysis based on a top-down multi--time frame approach and make my trading decisions as a swing trader. So, my buy decisions may defer from scalpers or intraday traders. Nevertheless, I can state that the GBPJPY is technically sideways at the moment but the EURJPY is disposed northward and amenable for scalping long for a few pips. Trade safe and prosper. KP {quote}
Do your homework, follow the footprints of smart money
  • #25
  • Jun 25, 2018 6:06pm Jun 25, 2018 6:06pm
I bought GBPCHF at 1.3070 to sell at 1.3250
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 164 KB
  • #26
  • Jun 25, 2018 9:22pm Jun 25, 2018 9:22pm
Hey mate! Could you tell us why?

Trade safe and prosper.

KP

Quoting RichardNaylo
I bought GBPCHF at 1.3070 to sell at 1.3250 {image}
Do your homework, follow the footprints of smart money
  • #27
  • Jun 25, 2018 11:52pm Jun 25, 2018 11:52pm
Quoting KeenPips
Hey mate! Could you tell us why? Trade safe and prosper. KP {quote}
I draw angles plus retractment
  • #28
  • Jun 26, 2018 12:51am Jun 26, 2018 12:51am
Noted. Good luck with your trade.

KP

Quoting RichardNaylo
{quote} I draw angles plus retractment
Do your homework, follow the footprints of smart money
  • #29
  • Jun 26, 2018 12:52am Jun 26, 2018 12:52am
Quoting KeenPips
Noted. Good luck with your trade. KP {quote}
Good trades to you also
  • #30
  • Jun 26, 2018 3:48pm Jun 26, 2018 3:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 150 KB


buying EUR USD @ 1,1645 and closing @ 1,1700
  • #31
  • Jun 26, 2018 4:59pm Jun 26, 2018 4:59pm
Very good that you are entering the market at a good level. I hope you also consider an outlook from a higher time frame, say the H4 or D1 time frame.

Trade safe and prosper.

KP

Quoting RichardNaylo
{image} buying EUR USD @ 1,1645 and closing @ 1,1700
Do your homework, follow the footprints of smart money
  • #32
  • Jun 26, 2018 5:43pm Jun 26, 2018 5:43pm
UsdChf, price engulfed on Daily. Price at demand. Im buying this pair.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.Daily.png Size: 35 KB
  • #33
  • Jun 27, 2018 5:15am Jun 27, 2018 5:15am
Quoting batus
UsdChf, price engulfed on Daily. Price at demand. Im buying this pair. {image}
A pullback on H4

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.H4.png Size: 41 KB
  • #34
  • Jun 27, 2018 5:22am Jun 27, 2018 5:22am
Good chart mate; showing a possible zone/role flip.

KP

Quoting batus
{quote} A pullback on H4 {image}
Do your homework, follow the footprints of smart money
  • #35
  • Jun 27, 2018 7:45am Jun 27, 2018 7:45am
Adding more euros to the dollar @ 1,1609 to close @ 1,1700
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 148 KB
  • #36
  • Jun 27, 2018 10:18am Jun 27, 2018 10:18am
Quoting KeenPips
Good chart mate; showing a possible zone/role flip. KP {quote}
Thanks KP, profit trade

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.Dailyx.png Size: 38 KB
  • #37
  • Jul 1, 2018 1:31pm Jul 1, 2018 1:31pm
i would buy dollar over Swedish kronor their currency is falling down
the eruo fighting them to change the usa fights nd finally a war agianst russia
  • #38
  • Jul 1, 2018 4:06pm Jul 1, 2018 4:06pm
I will look to buy GBPUSD on a short term basis. Here's why from a technical perspective.

On the H4 time frame, the GBPUSD market is disposed northward. A minor ascending trendline (magenta) is emerging. A successful testing of the trendline by price action is likely to give me confidence for a bullish bias. This is more so as a descending trendline (red) from the high of April 17, 2018 is in play as resistance and the the most recent price action stopped around it. Besides, there is a minor horizontal resistance, around 1.32260, acting as a confluence. So, we may see a southward retracement first.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4_1st_July,_2018_Top-Down.png Size: 50 KB
Do your homework, follow the footprints of smart money
  • #39
  • Jul 1, 2018 4:09pm Jul 1, 2018 4:09pm
Although I am bullish on the EURUSD on a short rerm basis, I will wait for some price action to clarify a feasible setup.

On the H4 time frame, price action is now located around a descending trendline (black) and close to the horizontal resistance around the 1.1700 area. The order flow context is in favour of bulls. However, they will have to breach both the descending trendline and the horizontal resistance northward for any bullish momentum to be sustainable. We may see a retracement southward or a sideways operation before this happens.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H4_1st_July,_2018_Top-Down.png Size: 52 KB
Do your homework, follow the footprints of smart money
  • #40
  • Jul 2, 2018 11:55am Jul 2, 2018 11:55am
Price action has retraced southward to the minor ascending trendline (magenta) on the H4 time frame. However, there is no setup yet. Besides, as a general rule, I look to enter the markets after the daily close on Mondays.

Trade safe and prosper.

KP

Quoting KeenPips
I will look to buy GBPUSD on a short term basis. Here's why from a technical perspective. On the H4 time frame, the GBPUSD market is disposed northward. A minor ascending trendline (magenta) is emerging. A successful testing of the trendline by price action is likely to give me confidence for a bullish bias. This is more so as a descending trendline (red) from the high of April 17, 2018 is in play as resistance and the the most recent price action stopped around it. Besides, there is a minor horizontal resistance, around 1.32260, acting as a confluence....
Do your homework, follow the footprints of smart money
0 traders viewing now