Wednesday, January 17, 2018

Pound set to test the highs above 1.3800 stops around 1.3775


Pound set to test the highs around 1.3920
Pending buy order 1.3810
STOPS 1.3775
Target Ist 1.3920
Second 1.4010

Wednesday, January 10, 2018

Price Action Zones defines price action and Eur/jpy trade update

It has been a good risk reward reward trade which clicks at the retest immediately @ 133.96.
Take a look at the post here

Wait for chart update little longer.
Seems to be little problem with google servers. Will post an update soon & for trade alert I would recommend trailing entry at 133.66.

Tuesday, January 09, 2018

How to define PA zones in a flag Forex Trading strategies

Its has quite fascinated to see pound rallies to the target. Now new trade opportunity awaiting and with a very good risk reward. But we need to see how Price action unfolds around 134.00 area.

Price has been in range of a flag and that area is quite a strong S/R flip & now if price manage to continue the rally towards the 133.00 area, then we probably will set a pending sell order at 133.96 & stop around 134.16 & profit should be 132.30 leaving you with 10 times Risk Reward.
Update of eur/jpy h4 chart.
Entry exact pip 133.96
Already 4 times reward at 133.08

Monday, December 25, 2017

Low volitality amid year end Holidays Still bullish on gbp and canadian dollar

Volitality has been very low amid new year & christmas but as this period will pass by I would be up and start buying both pound and usd/cad.

Buy usd cad around this level or look for a retrace towards 1.2650-70 level and set the stops 1.2590 & target should be around 1.2950 and 1.3070 area.

Usd cad entry based on weekly bullish candles and last rejecting weekly candle was strongly bullish and woukd like to see buying interest coming up again.


Gbp/usd - Price action is very range bound looking at weekly and strong momentum candles on weekly put the resistance and support on the both extrmes & I would expect price to find buyers again around 1.3270 level.
Stops around 1.3190
Target would be first 1.3490 & Second 1.3610

Merry Christmas to all and stay tuned for charts of both the pairs.

Wednesday, December 20, 2017

Forex Signals Majors Euro Dated 20/12/2017

Our signals valid only for four hours when they are posted. Issue time 12:10 GMT : Valid till 15:50 GMT
Eur/usd sell@- 1.1846 stop 1.1872 Target 1.1820

Friday, December 15, 2017

price action anylysis of Euro amid low volatility

Volatility has been very low but direction has been very clear in Euro after breaching of 1.1830
Buy order 1.1760 stops @ 1.1740
Target Ist 1.1860
Second 1.1925
Stay tuned for Euro short entry from caps @ 1.1960

Wednesday, December 13, 2017

Forex Top down analysis for trend from Monthly, weekky to Daily



Position weekly
Pair Gbp/cad Buy 1.7216
Stop 1.7140
Target 1.7650
Pair is approaching the mentioned resistance with breaking of recent s/r flip which was tested multiple times on weekly and I have placed my stop beneath the daily support line and will keep an eye to add more to that if an intraday opportinity is seen
Stay tuned to the blog for updates

Pound set to test the highs above 1.3800 stops around 1.3775

Pound set to test the highs around 1.3920 Pending buy order 1.3810 STOPS 1.3775 Target Ist 1.3920 Second 1.4010