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  • #22,301
  • Dec 18, 2015 8:02am Dec 18, 2015 8:02am
NEW EURUSD analysis Read it HERE

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  • #22,302
  • Dec 20, 2015 9:17am Dec 20, 2015 9:17am
Hi guys, I have shared new blog entry - What strategy is best for you and why?

Check it here

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  • #22,303
  • Dec 21, 2015 9:06am Dec 21, 2015 9:06am
The AUDUSD has been preparing for a rally to the upside but bigger picture is showing that the pair shorts might come soon. As we know AUDUSD is hard commodity currency and is linked heavily to copper, bauxite, iron ore, gold, uranium, nickel and lead. Last night, during Asia session iron ore, copper and gold went up and spiked AUDUSD higher. Nevertheless, the pair is still in a downtrend and H3, 61.8, historical sellers are constituting POC zone 0.7200-10. If the pair rallies up, the POC could reject it towards the confluence target (L3,X cross) 0.7155. If the pair gets momentum below 0.7155 it should proceed towards 0.7130 and below 0.7090. 0.7155-50 is the first important support zone and if rejection happens we should observe the reaction in the zone.
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  • #22,304
  • Dec 21, 2015 9:44am Dec 21, 2015 9:44am
USDCAD Session Recap setup 5:1 Reward to Risk

FREE SIGN UP
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  • #22,305
  • Dec 21, 2015 11:16am Dec 21, 2015 11:16am
Hi Nenad , is eurusd start to rejecting now or will still going up to 1.0950 then reject to 1.0800?
Thank you !
  • #22,306
  • Dec 22, 2015 2:23am Dec 22, 2015 2:23am
Quoting jancsi22
Hi Nenad , is eurusd start to rejecting now or will still going up to 1.0950 then reject to 1.0800? Thank you !
Hi Jan,

Upside should be limited. It went to 1.0938 then it was rejected. We need to wait and see.
  • #22,307
  • Dec 22, 2015 5:06am Dec 22, 2015 5:06am
Thank you Nenad
  • #22,308
  • Dec 22, 2015 8:10am Dec 22, 2015 8:10am
Quoting T@rantula
{quote} Hi Jan, Upside should be limited. It went to 1.0938 then it was rejected. We need to wait and see.
Hi T, any suggested stop loss for this setup?
  • #22,309
  • Dec 22, 2015 8:26am Dec 22, 2015 8:26am
Quoting jancsi22
Thank you Nenad
NP. Above 1.0960 we might see a squeeze up to 1.1050
  • #22,310
  • Dec 22, 2015 10:33am Dec 22, 2015 10:33am
Quoting fx-anew
{quote} Hi T, any suggested stop loss for this setup?
What was your entry? Anyway for long trade price shouldnt break below 1.0880. Not an ideal r:r however its offset by using lower risk.
  • #22,311
  • Dec 23, 2015 1:19am Dec 23, 2015 1:19am
Quoting T@rantula
{quote} What was your entry? Anyway for long trade price shouldnt break below 1.0880. Not an ideal r:r however its offset by using lower risk.
Thanks for your reply.
my entry was around 1.09. Anyway, I have close my trade on this via trailing stop.
Currently it continue to go down, is the mentioned sell set up continue to be in play for the pair to reach the suggested target as mentioned
in your blog in fxstreet, T?
  • #22,312
  • Dec 23, 2015 3:06am Dec 23, 2015 3:06am
Quoting fx-anew
{quote} Thanks for your reply. my entry was around 1.09. Anyway, I have close my trade on this via trailing stop. Currently it continue to go down, is the mentioned sell set up continue to be in play for the pair to reach the suggested target as mentioned in your blog in fxstreet, T?
YES 1.0900 is the zone for long trades. Stops just below 1.0880
  • #22,313
  • Dec 23, 2015 3:09am Dec 23, 2015 3:09am
Quoting FxBonusLab
Have you ever tried this platform? Do you use web traders at all? How do you trade when you are away from your regular trading machine? {image}
Thanks for comments!

As for questions -No, I have never used it personally and I don't use web traders. I have my mobile phone with me. Just to manage the positions / trail the stop manually.

Traders could benefit from a lot of different approaches indeed.
  • #22,314
  • Dec 23, 2015 4:51am Dec 23, 2015 4:51am
ACCU PP Eurusd

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  • #22,315
  • Dec 23, 2015 8:00am Dec 23, 2015 8:00am
The AUDJPY is heavily correlated to ASX200 and Nikkei indices and if you trade this pair pay attention to both indices as well as SP500 as it moves along with ASX200. I also advise that you should use correlation table all the time, especially if you trade multiple pairs.

Technically we can see that POC suggests a strong resistance in 87.35-45 zone. We can spot a confluence of WPP, E89, L3, and X cross. The pair could reject the zone and generally stay below 87.75 for a bearish outlook.The pair is targeting 87.20 zone and a strong H4 close below 87.18 or momentum break below could tank the pair towards 86.85-60. 86.60-85 zone is the zone where we see historical buyers so it might provide a support.
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  • #22,316
  • Dec 24, 2015 3:44am Dec 24, 2015 3:44am
As presumed EURUSD going up. Low volatility today
  • #22,317
  • Dec 24, 2015 5:48am Dec 24, 2015 5:48am
As I have explained in my previous EURUSD coverage, the pair has retraced back to POC but Cup with Handle variant has confirmed a temporary uptrend and price was rejected towards the triangle upper trend line. Currently most major banks are on holidays and trading should resume after the Christmas holidays and into the New Year, where again, most major banks will be on holidays. Remember, when banks are on holidays there is no one to protect support/resistance levels and some unusual spikes may happen.
Technically the EURUSD has broken through V shaped reversal trend line (red) straight from POC towards H4 X cross confluence but only a momentum break or H4 close above 1.0965 could push the pair towards 1.0980-1.1010. However as volatility has faded the chances are less likely for that move to happen. However, if unusual spike happens and the pair enters 1.0980-1.1010 we could see some selling pressure as we have historical sellers waiting. If that happens I expect the price to be rejected towards 1.0950. Below 1.0950 the price is withing the triangle range and 1.0900 zone is still attractive to buyers.

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  • #22,318
  • Dec 24, 2015 6:01am Dec 24, 2015 6:01am
Quoting T@rantula
As I have explained in my previous EURUSD coverage, the pair has retraced back to POC but Cup with Handle variant has confirmed a temporary uptrend and price was rejected towards the triangle upper trend line. Currently most major banks are on holidays and trading should resume after the Christmas holidays and into the New Year, where again, most major banks will be on holidays. Remember, when banks are on holidays there is no one to protect support/resistance levels and some unusual spikes may happen. Technically...
27/12/13 I was trading too that day.
don't predict direction, but dance with flow of water
  • #22,319
  • Dec 24, 2015 1:12pm Dec 24, 2015 1:12pm
Merry Christmas to all people who are celebrating!!


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  • #22,320
  • Dec 27, 2015 10:21am Dec 27, 2015 10:21am
Hi guys, check out my new blog entry, sit back and relax

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