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Short'n'longs

  • #101
  • Dec 29, 2016 7:29am Dec 29, 2016 7:29am
Hello! I am interested if your signals (forecasts) work?
I sometimes trade the same pairs as you (they are majors, so I think everyone trades them)
Tell me please if you trade exotic pairs?
  • #102
  • Dec 30, 2016 2:27am Dec 30, 2016 2:27am
The US dollar weakened significantly against other major currencies during the Asian session. In my opinion, there is an interesting technical picture on AUD/USD. Currency overcame the local support level (0.7225). I’m going to sell AUD/USD after the retest of this level. Potential movement - to 0.7195.
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  • #103
  • Dec 30, 2016 2:30am Dec 30, 2016 2:30am
The GBP/USD currency pair has reached the local support level (1.2270) at the moment. I’ll look for longs on the Pound today. I’ll buy after the breakout and retest of the 1.2290 mark. Potential movement - to 1.2325.
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  • #104
  • Dec 30, 2016 2:44am Dec 30, 2016 2:44am
Quoting Haffizz
Hello! I am interested if your signals (forecasts) work? I sometimes trade the same pairs as you (they are majors, so I think everyone trades them) Tell me please if you trade exotic pairs?
Hello, Haffizz!
Thank you for your questions. Yes, my forecasts work primarily, but sometimes I can be wrong (as every trader can be ). Anyway, I try to provide a high-quality technical analysis for other people to use my info.
Regarding your second question... I don't trade exotic pairs, cause majors are more familiar to me and they are more volatile.
If you have some more questions to ask of themes to discuss, you're always welcome!
Alex
  • #105
  • Jan 3, 2017 2:27am Jan 3, 2017 2:27am
An interesting technical picture has formed on EUR/USD. The Euro held the local resistance level (1.0485). We can speak of the power sellers at the moment. I plan to sell EUR/USD after the breakout and retest of the 1.0450 mark. Potential movement - to 1.0390.
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  • #106
  • Jan 3, 2017 2:28am Jan 3, 2017 2:28am
I can identify the key support level (1.3405) on USD/CAD. The Canadian dollar tested this level for several times. I expects the growth of USD/CAD quotes. I’d buy after the breakout and retest of the 1.3440 local resistance level. Potential movement - to 1.3475.
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  • #107
  • Jan 3, 2017 6:15am Jan 3, 2017 6:15am
Quoting alextrader79
{quote} Hello, Haffizz! Thank you for your questions. Yes, my forecasts work primarily, but sometimes I can be wrong (as every trader can be ). Anyway, I try to provide a high-quality technical analysis for other people to use my info. Regarding your second question... I don't trade exotic pairs, cause majors are more familiar to me and they are more volatile. If you have some more questions to ask of themes to discuss, you're always welcome! Alex
Thank you for the answer! it's clear for me now.
btw, i'm on these pairs too (usdcad today), but I'm going to sell it
  • #108
  • Jan 4, 2017 2:17am Jan 4, 2017 2:17am
AUD/USD is currently trading near the 0.7245 resistance level. I expect the development of an upward trend. I would buy AUD/USD after the breakout and retest of the 0.7245 resistance level. Potential movement - to 0.7290.
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  • #109
  • Jan 4, 2017 2:21am Jan 4, 2017 2:21am
An interesting technical picture appeared on USD/JPY. The yen kept the 118.15-118.30 local offer area. I believe that a downward trend may develop soon. I plan to sell it, if the price consolidates below 117.85. Potential movement - to 117.30
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  • #110
  • Jan 4, 2017 2:22am Jan 4, 2017 2:22am
Quoting Haffizz
{quote} Thank you for the answer! it's clear for me now. btw, i'm on these pairs too (usdcad today), but I'm going to sell it
You're welcome!
In fact, I saw opportunities for selling it, but it wasn't in my plan for that day
  • #111
  • Jan 5, 2017 2:29am Jan 5, 2017 2:29am
GBP/USD kept the 1.2350-1.2380 proposal zone. We can speak of the power of sellers at the moment. I expect the development of the downward trend today. Short positions can be opened after the breakout and retest of local the 1.2305 support level. Potential movement - to 1.2265.
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  • #112
  • Jan 5, 2017 2:30am Jan 5, 2017 2:30am
The Canadian dollar strengthened significantly against the US dollar over the past week (more than by 300 pips). The pair reached the 1.3275 support level at the moment. I expect the correction on USD/CAD. The divergence of the price and MACD histogram will be the confirming signal. I’ll buy USD/CAD if the price consolidates above the 1.3300 level. Potential movement - to 1.3360.
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  • #113
  • Jan 6, 2017 2:51am Jan 6, 2017 2:51am
The report on the US labor market will be published at 15.30 (GMT + 2: 00) today. I usually don’t trade during such days, but simply watch the market. I identified the following key levels:

EUR/USD
support - 1.0540, 1.0490
resistance - 1.0615

USD/JPY
support - 115.30
resistance - 116.35, 117.30, 118.15
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  • #114
  • Jan 6, 2017 2:52am Jan 6, 2017 2:52am
I’m going to look how the currency pairs react to these levels and will trade on Monday. Wish you all good deals and profits!

P. s. Yesterday's report from ADP points to the weakness of the US labor market. That’s why I think that today's data will be negative.
  • #115
  • Jan 10, 2017 2:24am Jan 10, 2017 2:24am
The technical picture on EUR/USD is mixed at the moment. The currency kept the 1.0620 local resistance level. I’ll open positions after the breakout and retest of the key levels.
If the price consolidates above $ 1.0620, I’ll buy EUR/USD. Potential movement – to 1.0675.
If the price consolidates below $1.0575, I’ll sell EUR/USD. Potential movement - to 1.0520.
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  • #116
  • Jan 10, 2017 2:27am Jan 10, 2017 2:27am
There was a downward trend on USD/CAD last week. The Canadian dollar held the 1.3275 mirror resistance level. I plan to open orders towards the current trend. I’ll sell USD/CAD after the breakout of the 1.3195 support level. Potential movement - to 1.3115.
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  • #117
  • Jan 11, 2017 4:42am Jan 11, 2017 4:42am
The press conference of the US president J. Trump will be held at 18:00 (GMT) today. He’s going to talk about plans on the economy. The attention of financial markets is drawn to this event. I think we shouldn’t expect strong movements before the Trump’s speech. The results of the press conference can cause trend movements in the major currency pairs in the next few days.

I identified the following key levels:

EUR/USD
Support: 1.0515, 1.0450
Resistance: 1.0575, 1.0615

USD/JPY
Support: 115.30
Resistance: 116.35, 117.30, 118.15

I won’t trade today.
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  • #118
  • Jan 12, 2017 2:59am Jan 12, 2017 2:59am
The US dollar is under pressure after the Trump’s conference.
I’ll look for an entry point for opening long positions on EUR/USD. I’d buy after the breakout and retest of the 1.0645 mark. Potential movement - to 1.0690.
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  • #119
  • Jan 12, 2017 3:00am Jan 12, 2017 3:00am
The yen significantly added to its price over the past few trading sessions. I plan to open deals towards the current trend. I’ll sell USD/JPY if the price consolidates below the 114.00 support level. Potential movement - to 113.50-113.25.
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  • #120
  • Jan 13, 2017 2:59am Jan 13, 2017 2:59am
A mixed technical picture formed on the AUD/USD currency pair . The price is above the 50 MA and 200 MA; MACD histogram started to decline and fixed below the signal line. I identified the following key levels:
support-0.7475
resistance-0.7515

I’ll buy if the price consolidates above 0.7515. Potential movement - to 0.7550-0.7575.

I’ll sell, if the price consolidates below 0.7475. Potential movement - to 0.7430-0.7400.
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