Trading opportunities

Dear traders, in this thread we will share whatever trading opportunity arise on any currency pairs, or commodities, or equities, etc.

The idea, is to bring to the attention of other readers, any valuable trading opportunity, of course each of us is free to take whatever trades we like.

Just to keep it a sane place, i would like to adopt a few rules:

1) we like to catch trend-trading opportunities, or at least avoid going against STRONG trends.
2) try to buy low and sell high

As first contribution, i would like to bring a light on nzdusd, at the moment it seems one of the few good opportunities out there.

I am bullish, looking 0.84 as possible target.

EUR/USD DAILY CHART

DOUBLE TOP "M FORMATION"

We may see a sudden drop to the 1.3115

EUR/USD WEEKLY CHART

TREND-LINE ANALYSIS

We came edge of the trend-line. We can see a sudden drop to the 1.2750-1.3115 area.

BE CAREFULL !!!

david, thanks for your contribution.

I see your opinion regarding eurusd, usdchf, etc.
I really appreciate it, anyway.

Forgive me, but I use to see your posts from time to time in the various threads, i see you use to post always the same analyses (eurusd down, usdchf up, etc.), absolutely biased, regardless what the market do, i am perfectly fine with it, it's your way of see the market! I respect it.

However, well nothing, i just want to point out the fact that the current trend on eurusd is UP (it's going up), the current momentum too is UP, and well as the only rule of this thread is to post trading opportunities that go with the overall trend direction, i would like to point out the fact that the eurusd trend is up (the pair is actually going up), so let's just stick to this fact.

Again, appreciated your contribution!


Personally i see eur at 1.50 somewhere in 2014.

Thanks for your kind words, my friend.

short @1.3738
SL 1.3838


FIRST TARGET : 1.3288
SECOND TARGET : 1.3115
THIRD TARGET : 1.2750

One last thing (after this post, i will let the thread make it's own path, anybody is invited to contribute here!).

From what i've learned in my life as a trader, there is one thing that mark the line between successful and unsuccessful forex traders.
That very thing is, the trend.

Successful traders trade always in the same direction of the current trend.
Unsuccessful traders trade always in the opposite direction of the current trend.

Now, this is the very reason why the idea of this thread is to share trading opportunities, that go in the same direction of the current trend (the only rule).

Of course, sometime is difficult to understand what's the current trend (not all currency pairs are trending at this very moment), that is why the purpose of this thread is to just focus on the pairs that are currently trending, and share the various trading opportunities that arises in such trending environments.

Double tops, double bottoms, trendlines, fibonacci, moving averages, everything is welcome, as long as it goes with a trend.

This forum is big and there are many threads that cover different systems and trading styles, but this thread is for trend-traders only.

That's the only rule.

I hope to havn't scared anybody from post trade ideas etc., i'm just trying to create something of value, something that can be of help to everybody.



Update:
davidsayli is now "banned" from this thread.
I don't know if my english is not good enough to be understood, anyway this is not a good start. Just 1 rule, seems soo hard to be respected.
No more comments about this

Hi Tunera,

No charts but the AUDNZD is in an interesting place right now. On the weekly it's just broken through the support levels of 2007/8 but it's forming a hammer right now so there could be a very good buying opportunity in the days to come. If it continues to go south the next support level is 400 PIPS away back to 2004 support levels. Oh for a crystal ball!

Funny

Ok, here is another one i'm currently looking.

Gbpchf, in a nice medium-term downtrend, my ideal entry would be somewhere around 1.4660, however anything above the high of today can be considered a good price.

Still early to call it an active opportunity, but it's definitively on my watching list.

GBP/CHF is about to bounce from trendline on daily timeframe.

Nice one, two trading opportunities on the same pair (opposite directions).
That is an interesting phenomenon (that happen frequently) for sure!

I am long AUD/USD at price 0.9010

SL: 0.8960
TP: 0.9110

good luck

At this time your stoploss should be already hitten.

This is why i decided to put one rule on this little thread, just one simple easy powerful rule.
The rule is, please post only trade signals/recommendations/opportunities that go in the same direction of the overall trend.

You see what happen when somebody try to fight the trend?
A loss happen.


This happen everyday to thousands of traders, me too from time to time i let the tops/bottoms picking seduce me, and go against the trend. Such trades usually are and always will be "class B" trades, riskious trades, gambling trades.

The rule here, is only "class A" trades, only trades that go with the trend.

The irony in all this, is that the majority of "traders" trade always against the trend (and maybe that's why they loose), so i understand that this thread is not going to be popular at all.

I will write down here the next trade i will take (in the direction of the trend), my dream is to have a thread where everybody do share trading opportunities (profitable ones, not kamikaze ones), and everybody just do make money. The rule: go with the damn trend.

Not soo complicated..

As promised, here is my trade opportunity.

Eurusd, uptrend.
The market is waiting the excuse to break 1.3831 highs (october high).

Once that happen, we can see a shortsqueeze, or the end of the uptrend.

Anyway, it's 80 pips from now, so there is some profit to be made.

Have a good day everybody!

Very simple trade,

the 8 hour chart is going up,

this chart is the 1 hour showing a pullback in a channel,the channel is broken at about 8am yeyesterday and the 8 hour

trend starts again,target was the previous high

this is the 8 hour chart showing the trend

as the lines show,a very simple trade

Why is trading with the trend so hard ?

this thread is about trading in the direction of the trend

Hello pikiliver, thank you for your posts, that was good! Finally somebody to post a trend-trading situation (even if not in realtime, however that's good!)

keep up the good work!

Hey Tunera EUR/USD looks bullish in my opinion I have an ultimate target @ 1.41258 I think we are going into a wave 4 correction before bullish wave 5 to the target

Any position taken on the trade should have a stop loss at 1.35787